In a recent study done at Georgetown University titled “Nursing: Can It Remain a Source of Upward Mobility Amidst Healthcare Turmoil?” researchers Anthony P. Carnevale, Nicole Smith, and Artem Gulish compiled statistical data on various elements of the Nursing field. The one that especially interested us was the stats on the earnings levels of the different Nursing fields.

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Here are Some Interesting Extracts from the Study:

  • Anual earnings for RNs average about $67,000 per year. That is $7,000 per year more than the average for all workers ages 25 to 54.
  • Nurses with a BSN have an average of annual earnings of $68,000 which is $8,000 higher than the average earnings of all women with Bachelors Degrees. It is a whopping $20 000 below the average income of all men with Bachelors Degrees though.
  • Male Nurses on average are paid more than Female Nurses at every education level.
  • The Gender Wage gap is particularly more pronounced at the BSN level, where Male Nurses earn a whopping 19% more than Female Nurses.
  • For RNs with an ADN, the gender wage gap is 5%
  • Annual Earnings for LPNs/LVNs average only $46,000 which is $3,000 less than the average all full-time workers with some college but no degree but it is $5,000 more than the average earnings for full-time women with some college but no degree.
  • RNs with a master’s or a doctoral degree have the highest real annual earnings ($81,000)
  • RNs with a hospital-based diploma have the lowest ($56,000)
  • In general, nurses with BSNs ($68,000) make more than nurses with ADNs ($61,000)
  • Specialty plays a significant role in earnings.
  • Nurse anesthetists have the highest annual earnings ($153,000)
  • Nurse practitioners and nurse midwives combined have the next highest earnings ($83,000)
  • RNs in management and administration roles ($83,000)
  • Hospitals often pay more than physician’s offices or nursing homes

Note: US Bureau of Labor Statistics, Occupational Employment Statistics (OES), 2015, reports even higher salaries for nurse anesthetists ($160,000), nurse practitioners ($101,000), and nurse midwives ($94,000)

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