Nurse Practitioner Hourly Pay: Salary & Factors Affecting Income
According to the U.S. Bureau of Labor Statistics, the median hourly wage for nurse practitioners was $37.07 in May 2020. The lowest 10% of nurse practitioners earned less than $30.13 per hour, while the highest 10% earned more than $56.06 per hour.
Hourly wages for nurse practitioners can vary depending on a number of factors, including:
* Level of education: Nurse practitioners with a higher level of education, such as a master's degree or doctorate, may earn higher hourly wages.
* Years of experience: Nurse practitioners with more years of experience may earn higher hourly wages.
* Location: Nurse practitioners who work in urban areas or high-cost states may earn higher hourly wages than those who work in rural areas or low-cost states.
* Practice setting: Nurse practitioners who work in hospitals or group practices may earn higher hourly wages than those who work in private clinics or outpatient settings.
Overall, nurse practitioners are well-compensated for their work and can earn a comfortable living.
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