Nurse Practitioner Hourly Pay: 2020 BLS Data and Influencing Factors

Per U.S. Bureau of Labor Statistics (May 2020):

  • Median hourly wage: $37.07
  • 10th percentile: <$30.13
  • 90th percentile: >$56.06
  • Median annual: $111,680 (2,080 hrs)

Key Factors Influencing Compensation

FactorImpact
EducationDNP > MSN; specialty certifications add $2–5k/yr
ExperienceSteep early curve; 10+ yr NPs earn 15–25% more than new grads
GeographyCA, WA, MA, NJ, NY top states ($55–70/hr); rural often lower but COL-adjusted may exceed urban
Practice SettingHospital/outpatient > private practice > academia; specialty (acute care, psych, neonatal) > primary care
Specialty CertificationACNP, PNP-AC, NNP, PMHNP, AGACNP command premiums
Practice AuthorityFull practice authority states (26+ DC) correlate with higher wages
Shift DifferentialsNights, weekends, holidays +10–25%
BenefitsTotal comp (benefits, CME, loan repayment, malpractice) adds 25–35%

2023–2024 Context

Post-COVID demand surge pushed median offers to $55–65/hr for locums; permanent roles $50–60/hr in high-need areas. Telehealth NP roles $40–55/hr.

Negotiate total package: base, bonus, benefits, schedule, autonomy, development.

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