If you have decided to become a nurse practitioner, it’s likely because you’re considering building a lucrative career in the healthcare industry. Like all other medical professionals, nurse practitioners play an important role in the well-being of their patients. If you’re curious about your future salary as a nurse practitioner, you should know that the average annual salary for this career is approximately $95,000.
National Average Salary For Nurse Practitioners
In addition to being professionally and emotionally gratifying, becoming a nurse practitioner provides the security of knowing you’ve chosen a career that has tremendous job security and is also financially rewarding. The average nurse practitioner salary is $111,680 according to the U.S. Bureau of Labor Statistics as of May 2020. Placing their income at more than double the average annual salary for all other occupations.
We Found the Following Schools with Online Nurse Practitioner (NP) Programs
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At Purdue Global, discover a faster, more affordable way to earn your Nursing degree. Purdue Global is committed to keeping your tuition costs as low as possible and helping you find the most efficient path to your degree.
Enrollment: Nationwide, excluding IA, IL, WI
- MSN – Family Nurse Practitioner
- MSN – Adult-Gerontology Acute Care Nurse Practitioner
- MSN – Adult-Gerontology Primary Care Nurse Practitioner
- MSN – Psychiatric Mental Health Nurse Practitioner
- Doctor of Nursing Practice (DNP)
Walden has been helping students earn degrees for more than 40 years and is accredited by The Higher Learning Commission. Walden’s online nursing programs meet rigorous standards for academic quality and integrity, and the School of Nursing teaching faculty all hold doctorates.
Enrollment: Nationwide, excluding AK, ID, MA, NH, NY, OK, OR, RI, SD
- MSN – Family Nurse Practitioner
- MSN – Adult/Gerontology Acute Care Nurse Practitioner
- MSN – Adult/Gerontology Primary Care Nurse Practitioner
- MSN – Psychiatric-Mental Health Nurse Practitioner
- MSN – Pediatric Nurse Practitioner (PNP) Primary Care
- Doctor of Nursing Practice (DNP)
GCU ‘s College of Nursing and Health Care Professions has a nearly 35-year tradition of preparing students to fill evolving healthcare roles as highly qualified professionals
Enrollment: Nationwide
- M.S.N.: Family Nurse Practitioner (FNP)
- M.S.N.: Acute Care Nurse Practitioner, Adult Gerontology (ACNP)
- Doctor of Nursing Practice (DNP)
Salary Range for Nurse Practitioners
Even those compensated at the lowest end of the salary range for nurse practitioners are paid $84,120, at least $40,000 more than the average national income, while those being paid at the highest level of $190,900 are earning more than $80,000 more than the average national income.
PART TWONurse Practitioner Salary by Years of Experience
Payscale.com reports an average annual salary of $99,591 or $52.82 per hour. There also is increased pay with experience:
- Less than 1-year of experience earn an average annual salary of $92,487
- 1 to 4 years of experience earns an average annual salary of $97,951
- 5 to 9 years of experience earns an average annual salary of $103,800
- 10 to 19 years of experience earns an average annual salary of $109,436
- 20 years of experience earns an average annual salary of $111,005
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PART THREENurse Practitioner Salaries by State
Though what kind of employer you work for as a nurse practitioner works plays a significant role in how much they are paid, the biggest factor in nurse practitioner salary is geography.
Source: BLS.
State | Mean Annual | Avg Hourly | Cost of Living |
---|---|---|---|
Alabama | $99,790 | $47.98 | -8.80% |
Alaska | $110,270 | $53.01 | +31.60% |
Arizona | $117,480 | $56.48 | -1.95% |
Arkansas | $106,210 | $51.06 | -11.50% |
California | $145,970 | $70.18 | +34.80% |
Colorado | $109,760 | $52.77 | +2.10% |
Connecticut | $116,780 | $56.15 | +30.70% |
Delaware | $112,230 | $53.96 | +10.80% |
District of Columbia | $116150 | $55.84 | +49.20% |
Florida | $101,060 | $48.58 | -1.00% |
Georgia | $106,220 | $51.07 | -8.60% |
Hawaii | $118,780 | $57.11 | +67.40% |
Idaho | $113,890 | $54.76 | -10.40% |
Illinois | $112,060 | $53.87 | -4.50% |
Indiana | $109,940 | $52.86 | -12.10% |
Iowa | $107,910 | $51.88 | -8.30% |
Kansas | $104,530 | $50.25 | -9.60% |
Kentucky | $102,460 | $49.26 | -9.60% |
Louisiana | $111,880 | $53.79 | -5.60% |
Maine | $111,580 | $53.64 | +12.00% |
Maryland | $115,240 | $55.40 | +25.00% |
Massachusetts | $126,050 | $60.60 | +34.7% |
Michigan | $109,150 | $52.48 | -11.80% |
Minnesota | $118,900 | $57.16 | +34.70% |
Mississippi | $109,550 | $52.67 | -14.00% |
Missouri | $106,870 | $51.38 | -9.20% |
Montana | $114,370 | $54.99 | +0.80% |
Nebraska | $107,330 | $51.60 | -8.70% |
Nevada | $119,890 | $57.64 | +4.50% |
New Hampshire | $112,460 | $54.07 | +0.80% |
New Jersey | $130,890 | $62.93 | +21.00% |
New Mexico | $117,050 | $56.28 | -4.30% |
New York | $126,440 | $60.79 | +35.20% |
North Carolina | $108,370 | $52.10 | -5.80% |
North Dakota | $111,070 | $53.40 | -98.90% |
Ohio | $105,630 | $50.78 | -7.00% |
Oklahoma | $112,750 | $54.21 | -11.40% |
Oregon | $118,600 | $57.02 | +15.40% |
Pennsylvania | $111,560 | $53.64 | +2.80% |
Rhode Island | $117,300 | $56.39 | +22.10% |
South Carolina | $101,190 | $48.65 | +0.50% |
South Dakota | $103,080 | $49.56 | +2.80% |
Tennessee | $99,370 | $47.78 | -10.20% |
Texas | $116,700 | $56.11 | -9.30% |
Utah | $113,550 | $54.59 | -7.20% |
Virginia | $109,660 | $52.72 | +0.20% |
Vermont | $108,280 | $52.06 | +12.00% |
Washington | $126,480 | $60.81 | +7.10% |
West Virginia | $105,220 | $50.59 | +4.30% |
Wisconsin | $113,030 | $54.34 | -3.10% |
Wyoming | $118,810 | $57.12 | -8.30% |