How Much Does Nurses Make

How Much Does Nurses Make – For 2021-2022, registered nurse salaries in the United States average $82,750 per year or $39.78 per hour. They also earn well above the average for all US employees, and salaries for US nurses are among the best and highest in the world. However, years of experience, qualifications, nursing position, type, status, and employer are all factors in an individual nurse’s salary.

Salaries for registered nurses in the US are the focus of this article. This discussion can serve as a guide to help you grow your nursing career and help you understand the factors that will help you decide what to study, where to apply for a nursing job, and the steps you can or should take to earn more. negotiate better wages.

How Much Does Nurses Make

How Much Does Nurses Make

According to the Bureau of Labor Statistics (BLS), the national median salary for registered nurses (RNs) in the US was $82,750 or $39.78 per hour in 2021. The data was released in March 2022.

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The average hourly wage for a registered nurse increased $1.30 compared to published figures in 2021, a substantial growth of 3.3%. These numbers represent registered nurses at all levels (from those just beginning their nursing careers to nurses with years of experience and in the highest positions). These data exclude high-income nurse practitioners, nurse midwives, and nurse anesthetists, who are reported separately in the BLS data.

For 2021-2022, the average salary for a registered nurse is $82,750. How does yours compare? click to tweet

There is a wide variation in RN salaries, with the bottom 10% earning $59,000 or $28.58 per hour, while the top 10% earn $120,000 or $57.81 per hour.

The state you work in will make a difference in what you earn as a registered nurse. The interstate average ranges from the lowest at $60,540 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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THE BEST STATES THAT PAY NURSES. California, Hawaii, Oregon, DC, and Alaska are the highest-paying states for US RNs.

However, it would be helpful to consider the cost of living in a particular state and factor in the purchasing power of every dollar you earn. So, to allow for comparison, we provide the Regional Pricing Parities (RPPs) for each state in the table below, which shows the number of registered nurses employed in each state and what they earn. The RPP is a percentage of the cost of living in each state compared to national price levels. As for the RPP, you can do about the same thing with a salary of $110,000 in New York (RPP 110.2) and a salary of $88,000 in Kentucky (RPP 89.8).

You may be wondering which nursing course to apply for and if qualifying as an R.N. is worth it. with a 4-year Bachelor of Science in Nursing (BSN), which costs so much more in time and money than a 2-year Associate’s Degree in Nursing (ADN)?

How Much Does Nurses Make

According to data provided by Payscale, there is a difference in salaries between BSN and ADN qualified RNs. BSN-qualified nurses earn an average of $89,000 per year compared to $68,000 for DNA-qualified RNs. Today, many hospitals in the US appoint only BSN nurses, so BSN nurses enjoy 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, DNA qualified nurses generally have less student debt. Plus, they can start working earlier and then study part-time and online for a BSN.

According to Salary.com, which compiles salary data provided by employers, the median salary for recent DNA graduate nurses ranges from $61,000 to $65,000, and for BSN nurses from $62,000 to $66,000.

So there’s not a huge difference in starting salaries. 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, despite the fact that 87% are women. Nurse.com’s survey conducted in late 2021 found that the gender pay gap for RNs had widened compared to its 2020 survey. RNs reported a median base salary of $76,000 compared to $90,000 for men . Thus, male nurses earned an average of $14,200 per year more than female nurses, a difference of 15.4%. The gap in the 2020 Nurse Salary Survey was $7,000 or 9%.

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Keep in mind, however, that this survey only included 2,516 nurses. Possible reasons for the pay gap are that men are more likely to negotiate their salaries 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 salaries for different types of nurses.

The BLS data for nurse-midwives may not be fully representative, as data was not available for 15 of the US states. This could explain why their average annual earnings for 2021 were lower than the previous year.

How Much Does Nurses Make

Nurse practitioners are registered nurses who specialize in additional graduate degrees at the master’s or doctoral level. Ranked #2 in America’s Today 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 conditions. During the COVID epidemic, the demand for Nurse Practitioners increased and many additional US states granted them the right to practice independently.

Er Nurse Salary By State [2021]

Nursing instructors are responsible for teaching nursing students in the classroom and during clinical practices. They mostly require advanced qualifications, but their average income compares poorly to that of nurse practitioners.

The shortage of nurse educators is a major contributing factor to the nursing shortage. Therefore, it is unfortunate that their average salary has fallen below that of registered nurses in the past year. However, it is unclear who exactly is listed as a nurse educator in the BLS data.

The average salaries earned by registered nurses compare very well with the overall US national average salary of $58,000 per year or $28.01 per hour.

However, compared to healthcare careers in general, registered nurses earn slightly less than the median of $91,000 per year, or $43.80 per hour.

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However, this group includes people with very high incomes, such as medical specialists. This is reflected in the considerable gap between the average (median) income and the median, that is, the point at which half of the group falls below the salary and the other half above. The median hourly wage for this group is $36.08, which means 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 an average annual salary of $85,000. Registered nurses working in ambulatory care centers earned more than $93,000 per year.

Nurses who work in services with more regular work hours generally earn less. Those who work in medical offices earn about $74,000 per year, while school nurses earn a median salary of $62,500.

How Much Does Nurses Make

Some industries paid considerably more than average. Nurses who work for the federal government instead of state or local governments earn $97,000 per year. Although they employ very few registered nurses, the industries that paid nurses the most were air transportation at $110,000, pharmaceutical and drug manufacturing at $105,000, and wholesalers at $101,000.

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Salaries for registered nurses grew an average of 1.9% per year between 2012 and 2021. However, in 2020 and 2021, salaries increased by 3.29% and 3.42%, respectively, due to higher demand created by the Covid-19 pandemic.

Wages are bound to keep rising steadily over the years because demand drives pay. The BLS projects that the number of nursing jobs will grow 9% per year between 2020 and 2030 and that there will be 194,500 openings for registered nurses annually.

Factors contributing to the need for more nurses include existing nursing shortages, increased demand for high-tech and preventative services, an aging population, and the rise in chronic disease.

The registered nurse career is ranked 12th in the best jobs in the U.S. News for 2022 and registered nurse salaries compare favorably with similar careers.

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Additionally, many local governments and employers are taking proactive steps to attract and retain more nurses to address shortages exacerbated by the Covid-19 pandemic. Some of these steps, like sign-on bonuses and loan forgiveness, can put more money in nurses’ pockets.

While many different factors determine nurses’ salaries, there are steps you can take to earn more year after year. Commitment and hard work usually earn recognition, as does the expertise in a specific field that you can gain with experience and focused continuing education.

Also, always be prepared to negotiate your salary. Think about what you deserve and how you can prove yourself worth more, and then ask for it.

How Much Does Nurses Make

Frieda Paton is a registered nurse with a master’s degree in nursing.

Nurse Licensure Compact, Board Of Nursing, Professional Licensing, Division Of Corporations, Business And Professional Licensing

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