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How Much Can Nurses Make – The average salary for registered nurses in the United States for 2021-2022 is $82, 750 per year or $39.78 per hour. They earn more than the average for all American workers, and American nurses’ salaries are among the best and highest in the world. However, years of experience, qualification, nursing position, type, state and employer are all factors that affect individual nurse salaries.
US The salary of registered nurses in the U.S. is the focus of this article. This discussion can serve as a guide to help you pursue your nursing career and help you understand the factors that will help you decide whether to study nursing Where to apply for jobs, and whether or not you can take steps to earn more. Negotiate for better pay.
How Much Can Nurses Make
According to the Bureau of Labor Statistics (BLS), the national median wage for registered nurses (RN) in the US in 2021 was $82,750 or $39.78 per hour. The data was released in March 2022.
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Compared to figures released in 2021, the average hourly wage of a registered nurse increased by $1.30 – a substantial increase of 3.3%. These figures represent RNs at all levels (from those just starting their nursing careers to nurses with years of experience and in top positions). This data does not include high-earning nurse practitioners, nurse midwives, and nurse anesthetists, who are reported separately in the BLS data.
For 2021-2022, the median salary for a registered nurse is $82,750. How do you compare? click to tweet
There is a large variation in RN pay, with the lowest 10% earning $59,000 or $28.58 per hour, while the top 10% earned $120,000 or $57.81 per hour.
The state you work in will make a difference in your earnings as a registered nurse. The average between states varies from $60,540 for the lowest to more than double that for the highest paying state at $124,000. According to BLS data, California, Hawaii, Oregon, the District of Columbia and Alaska are the highest-paying states. ,
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Best Paying States for Nurses. California, Hawaii, Oregon, DC and Alaska are the highest paying states for registered nurses in the US.
However, it will help to consider the cost of living in a particular state and factor in the purchasing power of each dollar you earn. Hence to allow comparison, we have provided the Regional Price Parities (RPP) for each state in the table below, which shows the number of R.N.s working in each state. Show the numbers and their earnings. The RPP is a percentage of the cost of living in each state compared to national price levels. In terms of RPP, you can make about the same with a salary of $110,000 in New York (RPP 110.2) and $88,000 in Kentucky (RPP 89.8).
You must be wondering which nursing course to apply for and whether it is RN. as qualified. With a 4-year Bachelor of Science in Nursing (BSN) that costs much more in time and money than a 2-year Associate Degree in Nursing (ADN)?
According to data provided by PayScale, there is a difference in salaries for BSN and ADN qualified registered nurses. BSN qualified nurses earn an average of $89,000 per year, compared to $68,000 for ADN qualified registered nurses. Today, the U.S. Many hospitals in the U.S. only hire BSN nurses, so BSN nurses have better job opportunities. They are also more likely to be promoted and can specialize through postgraduate study.
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On the other hand, ADN-qualified nurses typically have less student debt. Also, they can start working soon and then study for BSN part-time and online.
According to Salary.com, which collects salary data provided by employers, the average salary for newly graduated nurses with an ADN ranges from $61,000 to $65,000, and that of BSN nurses from $62,000. ranges up to $66,000.
So there is no big difference in starting salary. But because BSN nurses have better job prospects and more opportunities for advancement, the pay gap widens after a few years of experience.
There is a gender pay gap in nursing, even though 87% are women. Nurse.com’s end-of-2021 survey found that the gender pay gap for registered nurses had widened compared to their 2020 survey. Female registered nurses reported a median base salary of $76,000, compared to $90,000 for males. Thus male nurses earned an average of $14,200 more per year than female nurses – a 15.4% difference. The gap in the 2020 Nurses Salary Survey was $7,000, or 9%.
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Note, however, that only 2,516 nurses were included in this survey. Possible reasons for the wage gap are that men are more likely to negotiate their wages and that more men than women work full time and in settings and specialties where there is high demand.
How do registered nurse salaries compare to others? The infographic below shows the average annual salary for different types of nurses.
BLS data for nurse-midwives may not be fully representative because no information was available for 15 US states. This may explain why their average annual earnings for 2021 were lower than last year.
Nurse practitioners are registered nurses specializing in additional postgraduate qualifications at master’s or doctoral level. Ranked #2 on US Today’s 100 Best Jobs of 2022, nurse practitioners work independently or as part of a health care team to diagnose and treat acute, episodic or chronic illnesses. During the COVID pandemic, demand for nurse practitioners increased and several additional US states granted them the right to practice independently.
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Nurse instructors are responsible for teaching nursing students in the classroom and during clinical placements. They mostly require advanced qualifications, but their average earnings rank poorly with nurse practitioners.
The shortage of nurse educators is a major reason for the shortage of nurses. So, it is unfortunate that their average salary dropped below the average salary of registered nurses last year. However, it is unclear who is actually recorded as nurse educators in the BLS data.
The average salary earned by registered nurses compares very well with the overall US national wage average of $58,000 per year or $28.01 per hour.
Compared to professional health care careers in general, registered nurses earn slightly less, averaging $91,000 per year or $43.80 per hour.
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However, this group includes very high earners such as medical specialists. This is reflected in the considerable difference between the mean (average) income and the median – that is, the point at which half of the group falls below the salary and half above. The median hourly wage for this group is $36.08, meaning that nurses with a median wage of $37.31 earn slightly more.
Of the 3,047,530 registered nurses included in the BLS report, the largest group was employed in general medical and surgical hospitals (31%) with a median annual salary of $85,000. Registered nurses working in outpatient care centers earned more, at $93,000 per year.
Nurses who work in services with more regular working hours typically earn less than those who work in physicians’ offices, earning approximately $74,000 per year, while school nurses earn an average salary of $62,500.
Some industries paid significantly more than average. Nurses who work for the federal government rather than state or local governments earn about $97,000 a year. Although they employ very few registered nurses, the industries that paid nurses the most were air transportation at $110,000, drug and pharmaceutical manufacturing at $105,000, and wholesalers at $101,000.
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Registered nurses’ salaries increased an average of 1.9% per year from 2012 to 2021. However, in 2020 and 2021, the salaries are set to increase by 3.29% and 3.42%, respectively, because of the increased demand created by the COVID-19 pandemic.
Salaries will continue to increase over the years as demand drives pay. The BLS estimates that the number of nursing jobs will grow at a rate of 9% per year between 2020 and 2030 and that there will be 194,500 vacancies for registered nurses annually.
Factors contributing to the need for more nurses include the current shortage of nurses, greater demand for preventive and high-tech services, an aging population, and an increase in chronic conditions.
Registered nurse careers are ranked 12th in the US News Best Jobs for 2022 and have a favorable registered nurses salary comparison for similar careers.
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In addition, many local governments and employers are currently taking proactive steps to attract and retain more nurses to address the shortage worsened by the COVID-19 pandemic. Some of these steps, such as sign-on bonuses and loan forgiveness, could put more money in nurses’ pockets.
While many different factors determine a nurse’s salary, there are steps you can take to earn more year after year. Commitment and hard work are generally recognized, as is expertise in a specific area that you can gain with experience and focused continuing education.
Also, always be ready to negotiate your salary. Think about what you deserve and how you can show you deserve more – and then ask for it.
Frieda Patton is a Registered Nurse with a Master’s Degree in Nursing.
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