What’s the Average Salary for a Nurse Practitioner w/an MSN Degree?

A nurse practitioner (NP) holds an MSN degree and is trained in advanced nursing techniques; handling sophisticated equipment; and the management of common as well as complex medical conditions. The scope of work and job responsibilities of a nurse practitioner vary with the state as state licensure is a regulating factor. This, in turn, has an effect on the average salary a nurse practitioner can hope to earn. Family practice, adult health, geriatrics, pediatrics, women’s health are some of the areas of specialization Nurse practitioners working in acute care, intensive care, and case management draw higher salaries, in the high eighties, as compared to what their counterparts specializing in other areas earn. Skill therefore is an important distinguishing factor.

Given the depth and breadth of responsibilities that go with each job type, the average salary varies a lot with the amount of work you manage, your work profile, and the skills that you bring to use.

Employer type and geographical setting influence the average salaries for NPs. Hospitals and the federal government are amongst the better paymasters for nurse practitioners with an MSN degree. Nurse practitioners working with colleges and non-profits tend to earn less. Nursing jobs in the states of California, Massachusetts, Hawaii, Maryland, and New York tend to pay better, particularly if you are working in the metropolitan areas. Cost of living and expensive equipment in hospitals that requires trained handling are important factors.

Nurse Practitioners with less than one year of experience can expect to earn up to $38 / hour. In California, the hourly wages can touch a very impressive $52 / hour; but these have to be considered in light of the cost of living. The job prospects for nurse practitioners are encouraging with demand projected to outstrip supply well into the middle of this new decade.

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