What’s the salary for a nurse practitioner? What is a typical nurse practitioner salary? How much does a nurse practitioner make? These are all important questions that we’ll answer in this post.
There are many factors that go into determining the salary of a nurse practitioner. The first is the type of job. There are different types of nursing jobs, and each one has a different salary range. For example, the average salary for a nurse practitioner in New York City is $103,000 per year, while the average salary for a nurse practitioner in Houston is $72,000 per year.
Another factor that goes into determining your salary as a nurse practitioner is your experience level. If you have more experience than someone else who has the same job title, then you may be able to command more money because your job will require more skills and knowledge than theirs does.
What’s the salary for a nurse practitioner
Introduction
Nurse practitioners (NPs) are advanced practice registered nurses who work autonomously or in collaboration with other healthcare professionals to deliver nursing care. They must graduate from an accredited graduate (MSN) or doctoral (DNP) program and achieve national certification. NPs can specialize in family or adult medicine, pediatrics, women’s health, mental health, gerontology, acute care, and more. And earning potential is high: the mean annual wage for nurse practitioners was $113,930 in May 2019. To learn more about this career—and others that might be more lucrative for you—read on!
Overview
A nurse practitioner is a registered nurse who has earned a post-graduate degree in nursing. Nurse practitioners have the authority to diagnose, treat and prescribe medications for common health conditions. Nurse practitioners are also able to practice independently as long as they meet certain criteria and abide by state laws.
Salary
Nurse practitioners have a wide range of salaries depending on their level of experience, location and specialty. The average salary for a nurse practitioner is $100,000 per year. However, this figure varies widely depending on these factors. For example, in some states it can be as low as $70,000 while in others it can be as high as $120,000 or more.
Salary also depends on what type of practice you work in: hospitals or clinics? You may earn more if you work at an academic medical center because they typically pay higher than other facilities do—but then again some private practices offer better benefits so that might make up for it!
Education Requirements
The minimum educational requirement to become a nurse practitioner is a master’s degree in nursing. This can be earned through either a Master of Science in Nursing (MSN), Master of Arts in Nursing (MAN), or Master of Science with a Concentration in Nurse Practitioner (MSN-NP).
All three types are available online and on campus, but they do vary slightly. For example, an online MSN program will require you to complete your clinical hours at an offsite facility rather than at your school, while an on-campus MAN program may offer more opportunities for hands-on experience outside of class time.
A variety of other programs are also available for those who want to pursue advanced degrees focused specifically on becoming nurse practitioners. These include:
- A Master’s degree with a concentration in Family Nurse Practitioner (FNPA)
- A Doctorate degree
Specializations
In addition to specializing in the areas of nursing, medicine, health care, patient care and research, nurse practitioners can also specialize in administration.
Some nurses who have a Ph.D. degree are able to teach at colleges or universities; however this is not a requirement for a career as a clinical nurse specialist (CNS).
No matter your specialty, you’ll likely earn more than a registered nurse.
No matter your specialty, you’ll likely earn more than a registered nurse. The difference in salary depends on the level of education and experience:
- Bachelor’s degree: $74,000
- Master’s degree: $84,000
- Doctorate degree: $95,000
Conclusion
It should be noted that the salary range for nurse practitioners is a little bit broader than what we’ve presented here. The Bureau of Labor Statistics lists the median annual wage for nurse practitioners, irrespective of their specialty, as $86,500, with the lowest 10% earning less than $53,940 and the highest 10% earning more than $124,420. By this metric, it appears that most NPs earn somewhere in between those two figures.
We hope this information has been helpful to you! Good luck on your nursing practitioner career journey!
