Salary information for Doctors of Nursing Practice

Who needs to pursue the Doctor of Nursing Practice (DNP) degree? In October 2004, the members of the American Association of the Colleges of Nursing (AACN) raised the required standards for nurse practitioners (NPs), changing the level of preparation necessary from a master's degree to the doctorate level. NPs will be required to have a DNP by 2015.

DNP salary variations

Happily, these changes in expectations are likely to come with pay increases. The 2005 Salary Survey Results report that the doctorate adds more than $10,000 to the average NP salary. The 2009 Salary Survey shows that the average salary increased by 55 percent in the prior decade and by 10 percent in the preceding two years. Fulltime annual salaries of NPs in 2009 averaged $89,579 (median $85,000). Part-time NPs reported average hourly wages of $45.85 (median $42.00).

Advanced practice nursing salaries range from below $15,000 to over $300,000. Location and setting account for these variations. Salaries vary by about $30,000 by state. The lowest average salaries are a little over $70,000. The following locations offered the highest annual salaries in 2009:

  • AK: $102,710 (median $103,000)
  • NV: $97,836 (median $100,000)
  • NJ: $98,896 (median $96,250)
  • AZ: $97,242 (median $91,000)
  • CA: $106,481 (median $104,000)

The employment setting accounts for the other variations. One newly graduated nurse reported making around $15,000 in private practice. Generally, however, private practices offer the highest salaries. Teaching in an academic setting often proves less lucrative. Average faculty wages are improving but rarely top $85,000, regardless of experience, years of teaching or education level. Unless you are looking to teach, your DNP salary could pay for the degree within a few years.

gray_big_divider
Nursing Schools

Searching Searching ...

Matching School Ads
2 Program(s) Found
Advance your career with the right online degree. ACCIS offers self-paced, real-world programs in Computer Science, Information Systems, Management Information Systems, and Business Administration.
  • Online Courses
2 Program(s) Found
  • Features 43 degree programs and more than 142 specializations.
  • Offers several ways to save on tuition, including multiple grant and scholarship opportunities, low-cost credits, accelerated programs, and more.
  • Reduced tuition, transfer credits, and other benefits are available for all military service members and veterans.
  • Allows students to preview a free, one-week mini course to give an accurate impression of the student experience.
  • Accredited by The Higher Learning Commission (HLC) of the North Central Association (NCA).
Show more [+]
  • Online Courses
1 Program(s) Found
  • Lets undergrad students try classes before paying any tuition.
  • In a 2013 survey, 83% of students said they would recommend the university to others.
  • Most degree-seeking online and campus-based students are adult learners with families and students who work while pursuing higher education.
  • Average class sizes is 18 for undergraduate and 13 for graduate-level courses.
  • Founded in 1937 in Davenport, Iowa as the American Institute of Commerce (AIC).
Show more [+]
  • Online Courses
 
Featured Schools
 
Nurse Salary