Every year, we survey the US Bureau of Labor Statistics (BLS) to find out how much DNP-prepared nurses make. We use this information to calculate the average salary for a nurse practitioner with a Doctor of Nursing Practice (DNP) degree. We then compare that figure with what other RNs earn. Below are our findings for 2018:
Salary Doctor Of Nursing Practice
1 Salary Doctor Of Nursing Practice
The salary you will earn as a nurse practitioner depends on several factors. Your specialty, employer and experience are all important considerations. Additionally, location and education can also have an impact on your pay scale.
Gender, race and ethnicity may also be taken into account when determining compensation for your position.
2 What Do DNP-Prepared Registered Nurses Make? Salaries for DNP-prepared nurses depend on specialty and employer, among other factors. According to PayScale (2018), mean annual salary for a nurse practitioner with a DNP is $105,000. This figure is based on salary data from RNs with one to four years of work experience. Salaries for master’s degree-educated nurses can be significantly lower.
According to PayScale (2018), mean annual salary for a nurse practitioner with a DNP is $105,000. This figure is based on salary data from RNs with one to four years of work experience. Salaries for master’s degree-educated nurses can be significantly lower.
In general, salaries for DNP-prepared registered nurses are higher than those earned by the average RN who has a master’s degree or other advanced degree. According to the American Association of Colleges of Nursing (AACN) and Medscape’s 2018 report on nursing education costs and student debt statistics (“The Average Student Debt of Nursing Students”), graduates earn between $50,000 and $60,000 annually in entry-level positions because they have little to no professional experience when they enter the workforce after graduating from an accredited program; however, this number increases significantly as graduates gain more work experience in their chosen specialty field(s).
3 Nurse Practitioner with DNP Degree Salary
The average salary of a nurse practitioner (NP) with a doctorate of nursing practice (DNP) degree ranges from $100,000 to $105,000 per year. This figure is based on the findings of the National Sample Survey of Registered Nurses with one to four years of experience in their field.
Salaries for master’s degree-educated nurses can be significantly lower than this average. In fact, according to data from U.S. News & World Report that was published in April 2019 and related specifically to doctors who graduated from programs accredited by the American Academy of Nurse Practitioners or American Association of Colleges of Nursing between 2012 and 2018:
- The median salary was $95,000 annually
- The 75th percentile was $100,000 annually
4 Family Nurse Practitioner (FNP) Salary: $96,000
The average family nurse practitioner salary is $96,000.
If you want to become a family nurse practitioner, it’s important to know what that means in terms of pay. The average family nurse practitioner salary ranges from $74,000 to $111,000 depending on the state of practice and specialty area. The national average is around $86,000 per year.
Most states pay fairly close to this figure for their FNP’s: about half of them are within 10% of one another (plus or minus) and only 4 states fall outside that range by more than 20%. That being said, there are some interesting outliers worth mentioning: Missouri pays substantially less than neighboring Arkansas; Massachusetts has one of highest wages in the country despite having relatively low cost-of-living figures; West Virginia has among lowest wages despite also being a low cost-of-living area with reasonably high demand for its services
5 Psychiatric Nurse Practitioner (PNP) Salary: $94,000
You’re probably thinking to yourself, “I don’t know if I can afford a psychiatric nurse practitioner. They seem like the most expensive kind of nurse practitioner.”
Well, you’re wrong. Psychiatric nurse practitioners are actually the highest paid (on average), and they bring in $94,000 per year! That sounds like a lot until you consider their education level and experience. The following are just some of the reasons why PNPs are so much more expensive than other kinds of nurses:
- They have more education: Compared with RNs who only have an associate degree or LPNs who only have high school diplomas, PNPs hold both undergraduate degrees and master’s degrees—and therefore require even more years in school!
- They have more experience: While there may not be any difference between an RN who has worked for 20 years at one hospital versus an LPN who has been working for other facilities during that time period…the fact remains that psychiatric nurse practitioners work exclusively within mental health facilities where there exists greater need for their expertise than other fields do (such as home health care). This means they’ve had many different types of patients with which they’ve interacted over time–and also means each type has needed specific treatment plans tailored specifically towards them!
6 Adult Gerontology Primary Care NP (AGPCNP) Salary: $88,000
The average salary for an adult gerontology primary care nurse practitioner is $88,000. The average salary for an adult gerontology primary care nurse practitioner with a master’s degree is $88,000.
7 Neonatal NP (NNP) Salary: $117,000
The average Neonatal Nurse Practitioner (NNP) salary is $117,000. The best paid 10% of Neonatal Nurse Practitioners earn more than $150,000 annually, while the lowest paid 10% make less than $80,000 each year.
Most NNPs work full time and are employed by hospitals or birthing centers.
8 Pediatric Primary Care NP (PPCNP) Salary: $89,000
Pediatric nurse practitioners (PNPs) are advanced practice registered nurses who specialize in the care of children and adolescents. They are experts in the diagnosis, treatment, and health promotion of children from birth to age 18. They work with patients to assess their needs and provide comprehensive health care services.
PNCPs provide direct patient care services such as performing physical exams; diagnosing illnesses; prescribing medications; ordering laboratory tests; treating minor injuries or illnesses at home; managing chronic conditions such as diabetes or asthma; managing patients’ lives while they recover from surgery or a serious illness; educating parents on how to prevent illness or accidents through proper nutrition, hygiene practices, exercise programs etc.; counseling patients on healthy lifestyles such as dieting/exercise regimens for weight control as well as smoking cessation programs for teenagers/adults with addiction issues etc…
For RNs entering the field of nursing, there are many options to consider. The most popular of these is a bachelor’s degree in nursing, followed by an associate degree. In addition to these two paths, there are also master’s and doctoral degrees that can help advance your career as well as increase your salary.