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How Much Money Does A Nurse Practitioner Make Per Year

Nurse practitioner salary averages revealed: How much money do NPs make per year? How much money do they make per hour?

Nurse practitioners (NPs) are advanced practice registered nurses (APRNs) that have a higher scope of practice compared to other RNs, which often includes tasks such as writing prescriptions and ordering diagnostic tests.

Nurse practitioners had the second highest average salary among all nursing types in 2017 (nurse anesthetists earned the highest salary), according to the Bureau of Labor Statistics.

NP Salary Averages Revealed

In 2017, nurse practitioners earned an average salary of $107,480 per year in the United States. The median salary for NPs was $103,880 per year. See more nursing salaries on our website.

nurse practitioner salary, nursing practitioner income, np hourly wage

This was higher than the average salary for nurse midwives, which came in at $103,640 in 2017, but it was lower than the average nurse anesthetist salary, which was $169,450 in 2017.

Here is a graph from our nurse salary guide from 2015, and you can see how nurse practitioner salary figures from 2015 ($101,260) have increased to $107,480 in just two years (2017).

nurse salary, salary graph, nurse income, nurse pay

Nurse Practitioner Average Hourly Wage

How much money did nurse practitioners earn per hour? According to the Bureau of Labor Statistics, nurse practitioners earned an average hourly wage of $51.68 per hour. The median hourly wage for NPs was $49.94.

Nurse Practitioner Job Outlook

The job outlook for nurse practitioners is better than all other nursing types. According to the Bureau of Labor Statistics, employment for NPs is expected to grow a whopping 36% between years 2016-2026.

While all nursing types are expected to grow faster than the average for all occupations included in the BLS statistics (7% was the average growth rate for all occupations), nurse practitioner employment is projected to grow more than double the projected percentage of many other nursing types between years 2016-2026:

  • Nursing assistants projected growth: 11%
  • Licensed practical nurse projected growth: 12%
  • Registered nurse projected growth: 15%
  • Nurse anesthetist projected growth: 16%
  • Nurse midwives projected growth: 21%
  • Nurse practitioner projected growth: 36%
  • Clinical nurse specialist growth (included in registered nurse data, 15%)

Nurse Practitioner Income Percentile Statistics

To help gauge how your income as an NP compared to other NPs in the United States, you can look at the chart below, which contains percentile statistics:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $35.98 $42.70 $49.94 $59.17 $70.01
Annual Wage $74,840 $88,810 $103,880 $123,070 $145,630

If you earned $103,880 in 2017, you earned more than 50% of the nurse practitioners in the United States, and 50% made more money than you did. If you earned $145,630, you earned more than 90% of nurse practitioners in the United States.

As a comparison to the U.S. household income estimates, the "real median household income" in the United States, according to Census.gov, is listed as $61.372.

Nurse Practitioner Salary Average in all 50 States

The highest paying state for NPs was California, which paid nurse practitioners an average salary of $126,770 per year, and an average hourly wage of $60.95.

The lowest paying state for NPs was Tennessee, which paid an average salary of $93,970, and an average hourly wage of $45.18.

The table below lists the average salary for nurse practitioners in all 50 states (and U.S. territories).

Nurse Practitioner Salary in all 50 States, 2017
State Employment Hourly mean wage Annual mean wage
Alabama 3,230 $45.62 $94,880
Alaska 440 $60.16 $125,140
Arizona 3,120 $50.47 $104,970
Arkansas 1,830 $45.79 $95,230
California 13,570 $60.95 $126,770
Colorado 2,810 $53.10 $110,440
Connecticut 2,220 $56.97 $118,500
Delaware 650 $50.66 $105,380
District of Columbia 700 $51.90 $107,950
Florida 10,380 $48.04 $99,930
Georgia 5,200 $49.95 $103,890
Hawaii 410 $58.93 $122,580
Idaho 590 $49.40 $102,760
Illinois 4,610 $49.02 $101,960
Indiana 4,120 $48.93 $101,780
Iowa 1,660 $50.06 $104,130
Kansas 2,010 $47.05 $97,870
Kentucky 3,110 $45.89 $95,450
Louisiana 2,420 $47.49 $98,780
Maine 1,150 $48.13 $100,100
Maryland 3,620 $52.81 $109,840
Massachusetts 6,280 $57.76 $120,140
Michigan 3,970 $49.16 $102,250
Minnesota 3,900 $55.84 $116,150
Mississippi 2,480 $51.58 $107,280
Missouri 4,150 $46.39 $96,490
Montana 530 $46.86 $97,470
Nebraska 1,020 $48.04 $99,930
Nevada 680 $50.73 $105,520
New Hampshire 1,150 $54.06 $112,440
New Jersey 4,840 $56.55 $117,630
New Mexico 960 $52.56 $109,330
New York 13,450 $56.35 $117,210
North Carolina 4,130 $51.11 $106,320
North Dakota 420 $49.75 $103,470
Ohio 7,460 $48.90 $101,710
Oklahoma 1,600 $45.96 $95,590
Oregon 1,570 $54.27 $112,870
Pennsylvania 5,730 $47.24 $98,260
Puerto Rico 1,190 $10.05 $20,900
Rhode Island 640 $52.23 $108,630
South Carolina 2,000 $46.70 $97,140
South Dakota 470 $48.09 $100,030
Tennessee 6,550 $45.18 $93,970
Texas 10,730 $53.53 $111,330
Utah 1,520 $48.06 $99,960
Vermont 440 $49.96 $103,920
Virginia 4,500 $49.15 $102,240
Washington 3,110 $55.41 $115,250
West Virginia 1,040 $45.67 $95,000
Wisconsin 2,900 $49.00 $101,930
Wyoming 230 $54.48 $113,310

Top Paying Industries for NPs

Which industry paid the most money to nurse practitioners?  The "Personal Care Services" category came in at number one, with an average salary of $139,460. Here are the other top paying industries:

Industry Employment Hourly mean wage Annual mean wage
Personal Care Services 310 $67.05 $139,460
Management, Scientific, and Technical Consulting Services 50 $63.56 $132,200
Religious Organizations 70 $56.59 $117,720
Offices of Dentists n/a $56.38 $117,270
Office Administrative Services 70 $55.75 $115,960

Although "Personal Care Services" paid the highest average salary, only 310 NPs were estimated to hold a position in that industry. The Bureau of Labor Statistics estimates that there are 166,280 nurse practitioners in employment as of 2017, not including self-employed NPs.

The industry with the highest employment level for NPs was "Offices of Physicians," with a total employment estimate of 77,840. The average salary for NPs in this industry was $105,730, and the average hourly wage was $50.83.

The industry with the second highest employment level for nurse practitioners was "General Medical and Surgical Hospitals." The estimated employment for this industry was 42,220, the average salary was $111,850, and the average hourly wage was $53.77.

Here are other reported industries and the corresponding salary data for NPs:

Nurse Practitioner Salary by Industry, 2017
Occupation (SOC code) Employment Hourly mean wage Annual mean wage
Cross-industry, Private, Federal, State, and Local Government 166,280 $51.68 $107,480
Cross-industry, Private Ownership Only 152,200 $51.75 $107,640
Sectors 31, 32, and 33 – Manufacturing 100 $51.64 $107,420
Sector 42 – Wholesale Trade 160 $42.94 $89,320
Merchant Wholesalers, Nondurable Goods 70 $45.82 $95,300
Merchant Wholesalers, Nondurable Goods 70 $45.82 $95,300
Sectors 44 and 45 – Retail Trade 940 $50.23 $104,480
Food and Beverage Stores 40 $46.32 $96,350
Food and Beverage Stores 40 $46.32 $96,350
Health and Personal Care Stores 630 $50.85 $105,760
Health and Personal Care Stores 630 $50.85 $105,760
Pharmacies and Drug Stores 600 $51.04 $106,170
General Merchandise Stores 270 $49.44 $102,830
Sector 52 – Finance and Insurance 490 $46.80 $97,350
Insurance Carriers and Related Activities 490 $46.70 $97,130
Insurance Carriers 280 $45.48 $94,600
Direct Health and Medical Insurance Carriers 190 $45.38 $94,390
Agencies, Brokerages, and Other Insurance Related Activities 210 $48.38 $100,630
Insurance Agencies and Brokerages  n/a $40.98 $85,230
Other Insurance Related Activities n/a $52.77 $109,770
Sector 54 – Professional, Scientific, and Technical Services 600 $47.06 $97,870
Professional, Scientific, and Technical Services 600 $47.06 $97,870
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 80 $32.23 $67,030
Computer Systems Design and Related Services 40 $55.15 $114,720
Management, Scientific, and Technical Consulting Services 50 $63.56 $132,200
Scientific Research and Development Services 290 $46.95 $97,660
Research and Development in the Physical, Engineering, and Life Sciences 290 $46.97 $97,690
Other Professional, Scientific, and Technical Services 120 $46.70 $97,140
Sector 55 – Management of Companies and Enterprises 540 $50.33 $104,680
Management of Companies and Enterprises 540 $50.33 $104,680
Management of Companies and Enterprises 540 $50.33 $104,680
Sector 56- Administrative and Support and Waste Management and Remediation Services 1,560 $55.22 $114,850
Administrative and Support Services 1,560 $55.22 $114,850
Office Administrative Services 70 $55.75 $115,960
Employment Services 1,480 $55.16 $114,730
Temporary Help Services 950 $57.21 $118,990
Sector 61 – Educational Services 5,120 $47.61 $99,020
Educational Services 5,120 $47.61 $99,020
Educational Services – State government owned 2,680 $48.29 $100,440
Educational Services – Local government owned 200 $37.15 $77,270
Educational Services – Privately owned 2,240 $47.71 $99,230
Elementary and Secondary Schools 200 $35.77 $74,390
Elementary and Secondary Schools – Local government owned 150 $32.74 $68,100
Elementary and Secondary Schools – Privately owned 50 $44.78 $93,140
Colleges, Universities, and Professional Schools 4,880 $48.09 $100,040
Colleges, universities, and professional schools – State government owned 2,680 $48.31 $100,490
Colleges, universities, and professional schools – Privately owned 2,180 $47.80 $99,420
Sector 62 – Health Care and Social Assistance 152,720 $51.94 $108,040
Ambulatory Health Care Services 103,670 $51.48 $107,090
Offices of Physicians 77,840 $50.83 $105,730
Offices of Dentists            – $56.38 $117,270
Offices of Other Health Practitioners 5,020 $51.28 $106,670
Offices of Chiropractors 180 $50.43 $104,900
Offices of Mental Health Practitioners 800 $54.74 $113,860
Offices of Physical, Occupational and Speech Therapists, and Audiologists 420 $51.06 $106,200
Offices of All Other Health Practitioners 3,610 $50.59 $105,220
Outpatient Care Centers 15,500 $53.70 $111,690
Outpatient Mental Health and Substance Abuse Centers 2,050 $54.41 $113,180
Medical and Diagnostic Laboratories 130 $50.61 $105,260
Home Health Care Services 4,240 $55.60 $115,650
Other Ambulatory Health Care Services 790 $50.80 $105,670
All Other Ambulatory Health Care Services 780 $50.58 $105,210
Hospitals 45,080 $53.68 $111,650
Hospitals – State government owned 2,770 $54.22 $112,790
Hospitals – Local government owned 5,020 $54.48 $113,320
Hospitals – Privately owned 37,300 $53.53 $111,340
General Medical and Surgical Hospitals 42,220 $53.77 $111,850
General Medical and Surgical Hospitals – State government owned 2,170 $55.59 $115,620
General Medical and Surgical Hospitals – Local government owned 5,000 $54.50 $113,370
General Medical and Surgical Hospitals – Privately owned 35,060 $53.56 $111,400
Psychiatric and Substance Abuse Hospitals 1,060 $50.32 $104,660
Psychiatric and Substance Abuse Hospitals – State government owned 420 $46.02 $95,730
Psychiatric and Substance Abuse Hospitals – Privately owned 620 $53.28 $110,830
Specialty  Hospitals 1,800 $53.41 $111,100
Specialty hospitals – State government owned 180 $56.85 $118,260
Specialty hospitals – Privately owned 1,620 $53.03 $110,300
Nursing and Residential Care Facilities 2,720 $42.50 $88,400
Nursing Care Facilities 1,770 $41.20 $85,690
Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities 460 $51.77 $107,690
Residential Intellectual and Developmental Disability Facilities 60 $42.78 $88,990
Residential Mental Health and Substance Abuse Facilities 400 $53.14 $110,540
Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly 370 $34.95 $72,690
Other Residential Care Facilities 120 $49.45 $102,860
Social Assistance 1,250 $48.02 $99,880
Individual and Family Services 1,090 $48.16 $100,170
Services for the Elderly and Persons with Disabilities 300 $44.83 $93,240
Community Food and Housing, and Emergency and Other Relief Services n/a $48.23 $100,320
Vocational Rehabilitation Services 40 $47.76 $99,350
Sector 81 – Other Services 580 $58.23 $121,130
Personal and Laundry Services 310 $67.05 $139,460
Personal Care Services 310 $67.05 $139,460
Religious, Grantmaking, Civic, Professional, and Similar Organizations 270 $47.93 $99,690
Religious Organizations 70 $56.59 $117,720
Grantmaking and Giving Services 30 $45.78 $95,230
Social Advocacy Organizations 90 $39.46 $82,070
Sector 99 – Federal, State, and Local Government 3,420 $45.64 $94,920
Federal, State, and Local Government 3,420 $45.64 $94,920
Federal, State, and Local Government, including government owned schools and hospitals 14,090 $50.86 $105,790
State Government, excluding schools and hospitals 1,260 $43.17 $89,800
State Government, including schools and hospitals 6,710 $49.77 $103,530
Local Government, excluding schools and hospitals 2,150 $47.08 $97,920
Local Government, including schools and hospitals 7,360 $51.86 $107,870

References:
1. Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2017 Edition, Nurse Practitioners, on the Internet at bls.gov.

How Much Money Does A Nurse Practitioner Make Per Year

Source: https://www.registerednursern.com/nurse-practitioner-salary/

Posted by: savoiecapand.blogspot.com

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