What Else Affects Salaries For Nurse Practitioners
In addition to the degree type and specialization type, there are other factors that can affect the salaries that nurse practitioners can expect. One of the most significant is the location of the employer. Historically, employers in the Northeast and West regions of the United States pay nurse practitioners more than those located in the South or Midwest. In addition to this, the employer type can also significantly impact salaries for NPs. According to the latest available data from the BLS, the top-paying industries for nurse practitioners include:
- Community Food and Housing, and Emergency and Other Relief Services
- Religious Organizations
- Residential Intellectual and Developmental Disability, Mental Health, and Substance Abuse Facilities
- Social Advocacy Organizations
- Outpatient Care Centers
The level of experience a nurse practitioner has also plays a role in the salary they can expect. Those who begin with an entry-level position, or who are still early in their career, can expect to be paid less than those nurse practitioners who are experienced or late in their career.
Having different skills and certifications can also boost the pay scale of a nurse practitioner. Cardiology, critical care, and oncology are just three in-demand subspecialty skills that can increase the amount of pay. Emergency/trauma and neuroscience skills can also boost pay, but not as much.
The Impact Of The Pandemic
Even before the pandemic, the mental health system was on shaky ground the pandemic has turned this shaky ground into quicksand. The number of young people suffering isolation or loneliness increased to 66%, and the associated mental issues followed suit.
In June 2020, it was estimated 40% of U.S. adults were struggling with mental illness or substance abuse up from pre-pandemic numbers due in part to the effects of isolation and loneliness.
In December 2019, 11% of U.S. adults were suffering from anxiety. In December 2020, this had increased to 42%. Depression rose from 10% to 19% in three months.
The impact of social isolation, first through lockdowns and subsequently by the lack of social interactions due to not attending school, in some cases for over a year, is already showing devastating effects on the mental health of children and adolescents.
The effects of the pandemic on mental health will be severe and long-reaching. Many experts have cautioned that the pandemics full impact on mental illness will be realized over the next five to ten years.
For nurses looking to move into this specialty, the opportunity is there and waiting. A number of these patients are seen in the community, which lends itself to a nurse-based model of care, given nurses have been seen as a perfect fit for the community outreach/interaction-based care.
States That Pay High Psychiatric Nurse Practitioner Salaries In 2021
If you are currently seeking PMHNP opportunities, you can apply for jobs at DirectShifts. We have 42 open positions for PMHNPs in various states. Click on the links below to explore opportunities and apply.
Psychiatric Mental Health Nurse Practitioners are licensed psychiatric nurse practitioners who diagnose and provide care to patients suffering from addictions and mental health conditions such as Bipolar disorder, ADHD, Depression, and anxiety and panic attacks. They use a wide range of techniques to treat patients and work in diverse facilities and settings. Due to the increased need for mental health care delivery, there has been a rise in the number of well-paying PMHNP jobs across the country for awhile now. While the average psychiatric nurse practitioner salary is about$128,596, according to the , the figures for PMHNP salary by state vary.
Here is a list of 10 states that pay PMHNPs the highest salaries:
Recommended Reading: Second Degree Nursing Programs Nj
Acute Care Nurse Practitioner Salary
With a specialization as an acute care nurse practitioner, you could earn well over $100,000 annually. Employers in the northeast portion of the United States, such as those located in New York and Pennsylvania, tend to pay higher-than-average salaries for those who hold an acute care nurse practitioner specialization. The southern states, notably Georgia and Tennessee, pay salaries that are below the national average.
The table below represents current median Acute Care Nurse Practitioner salaries according to three popular salary reporting websites:
Nurse Practitionersalary In Dallas Tx
How much does a Nurse Practitioner make in Dallas, TX? The average Nurse Practitioner salary in Dallas, TX is $114,847 as of May 27, 2022, but the range typically falls between $106,568 and $124,762. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
|10th Percentile Nurse Practitioner Salary||$99,030|
|25th Percentile Nurse Practitioner Salary||$106,568|
|50th Percentile Nurse Practitioner Salary||$114,847|
|75th Percentile Nurse Practitioner Salary||$124,762|
|90th Percentile Nurse Practitioner Salary||$133,788|
Recommended Reading: Best Credit Union For Nurses
Ways To Increase Pay As An Np
According to BLS data, NPs can expect a general salary range of $82,960 for the lowest 10% up to $156,160 for the highest 10%. Within this range, however, several factors influence NP salary levels, such as certifications, education level, years of experience or experience type, and practice setting.
Key ways for NPs to earn higher wages include:
Frequently Asked Questions About A Psychiatric Nurse Practitioner Salaries
The average salary for a Psychiatric Nurse Practitioner is $108,836 per year in Dallas-Fort Worth, TX Area. Salaries estimates are based on 60 salaries submitted anonymously to Glassdoor by a Psychiatric Nurse Practitioner employees in Dallas-Fort Worth, TX Area.
The highest salary for a Psychiatric Nurse Practitioner in Dallas-Fort Worth, TX Area is $178,346 per year.
The lowest salary for a Psychiatric Nurse Practitioner in Dallas-Fort Worth, TX Area is $66,417 per year.
If you are thinking of becoming a Psychiatric Nurse Practitioner or planning the next step in your career, find details about the role, the career path and salary trajectory of a Psychiatric Nurse Practitioner.
Also Check: Why Do You Want To Be An Icu Nurse
How Much Is The Starting Salary For A Nurse Practitioner
The starting NP salary averages $104,440 per year, but compensation rates vary with education level, certification, practice specialty area, workplace setting, and geography. NPs in California will likely earn higher starting salaries than their peers in Kentucky, and psychiatric NPs earn more than family nurse practitioners, on average.
Nine What Is The Career Outlook For A Psychiatric Nurse Practitioner
According to the U.S. Bureau of Labor Statistics , the career outlook for NPs is excellent. From 2020 to 2030 there is predicted to be a 45% growth in employment for NPs, which is MUCH faster than the average for all occupations.
The American Association of Nurse Practitioners estimates that there are approximately 15,275 or 4.7% NPs certified in psychiatric mental health. As mental health disorders continue to rise in the United States, Psychiatric Mental Health NPs are continued to be needed.
Also Check: Miami Dade Associates In Nursing
More About Nurse Practitioners
Nurse practitioners are licensed, advanced practice nurses who specialize in managing patients’ healthcare and preventing diseases. They often work autonomously and have their own practices. Their duties involve diagnosing diseases, treating illnesses, and performing diagnostic tests, among other things.Every nurse practitioner has to choose a speciality. Some of the more common nurse practitioner roles include family nurse practitioner, pediatric nurse practitioner, and psychiatric nurse practitioner.
Frequently Asked Questions About A Psychiatric Nurse Salaries
The average salary for a Psychiatric Nurse is $98,099 per year in Dallas-Fort Worth, TX Area. Salaries estimates are based on 5 salaries submitted anonymously to Glassdoor by a Psychiatric Nurse employees in Dallas-Fort Worth, TX Area.
The highest salary for a Psychiatric Nurse in Dallas-Fort Worth, TX Area is $198,433 per year.
The lowest salary for a Psychiatric Nurse in Dallas-Fort Worth, TX Area is $48,497 per year.
You May Like: Education Needed To Become A Nurse Practitioner
Average Salary For Nurse Practitioners
According to a 2020 Clinical Advisor Salary Survey, most responding NPs hold master of science in nursing degrees. Many NPs continue to earn doctor of nursing practice degrees, as well.
As the graphic below shows, DNP degree-holders experience a significant jump in their average annual salaries. While the MSN remains the current minimum educational requirement for NPs, the requirement may soon shift to the DNP.
SOURCE: Clinical Advisor Salary Survey, 2020
Work History And Salaries
Generally speaking, psychiatric nurses are rewarded for their work history and the experience they have gained over the years. As the above table illustrates, a psychiatric RN beginning their career will earn anywhere from $15,000 to $35,000 less than their more experienced counterparts.
Over their career, an RN can expect to see their salary increase in the region of 35% to 60% however, it is difficult to ascertain what portion of this increase relates to increased experience, as most RNs also complete additional certifications and educational qualifications while practicing.
Senior RNs with experience can also benefit by taking on leadership roles. These could include becoming a nurse manager or charge nurse. A charge nurse on the inpatient unit will receive an average salary of $103,989. The range of psychiatric charge nurse salaries is $87,876 to $118,190.
Don’t Miss: Medical Negligence In Nursing Homes
What Does A Mental Health Nurse Practitioner Do
The American Association of Nurse Practitioners estimates that there are approximately 12,690 NPs certified in psychiatric mental health.
It requires someone who can see the human being in everyone and know that a person isnt defined by their mental health condition.
The Psychiatric Mental Health Nurse Practitioner program focuses on the care of individuals, families and populations across the lifespan who are at risk for a diagnosis of psychiatric disorders or mental health problems.
When caring for a patient, the psychiatric mental health nurse practitioner role may include a series of steps in.
Want to enroll in a family nurse practitioner program, but not sure where to start? This list offers a comprehensive look at affordable online nurse practitioner programs.
Psychiatric Mental Health Nurse Practitioner Salary In Dallas Georgia
How much does a Psychiatric Mental Health Nurse Practitioner make in Dallas, GA? The average Psychiatric Mental Health Nurse Practitioner salary in Dallas, GA is $110,934 as of , but the salary range typically falls between $99,499 and $121,757. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
- Adjust Psychiatric Mental Health Nurse Practitioner Salary:
- Select State
You May Like: Nursing Homes In Elk Grove Village
What Can You Do As A Psychiatric Nurse Practitioner
One What Is A Psychiatric Mental
Psychiatric Mental-Health Nurse Practitioners, also known as Psychiatric Nurse Practitioners, are nurse practitioners that specialize in the treatment of mental health. They assess and diagnose patients suffering from mental illnesses, disorders, and substance abuse problems. They are involved in psychotherapy, can prescribe medication, educate patients and families about their diagnosis, and manage their treatment plans.
They focus on helping individuals cope with different psychiatric disorders and illnesses as well as help people with substance abuse disorders.
In this guide, well explain what a Psychiatric Nurse Practitioner does, how much they make, how to become one, and more.
Recommended Reading: Malpractice Insurance For Nurse Anesthetist
Doctor Of Nursing Practice Salary In Texas
According to the Texas Center for Nursing Workforce Studies, Texas is in the midst of an impending nursing shortage crisis of epic proportions. In fact, 2017 projections show that the Lone Star State will face a shortage of all types of advanced practice registered nurses through 2030.
- The supply of nurse practitioners in Texas is projected to increase nearly 67% between 2015 to 2030, rising from 9,246 to 15,412 NPs. At the same time, the demand is projected to grow 46%, rising from 13,826 in 2015 to 20,227 in 2030.
- The supply of nurse anesthetists is projected to grow from 2,981 in 2015 to 4,238 in 2030. However, during the same period, the demand for these nursing professionals is projected to grow by 56.3%, rising from 3,155 in 2015 to 4,932 in 2030a deficit of 694 nurse anesthetists by 2030.
- The supply of certified nurse-midwives in Texas is projected to decrease by 10.5% between 2015 and 2030, falling from 275 to 246. At the same time, demand is projected to continue to increase, rising from 904 nurse-midwives in 2015 to 1,183 in 2030. In other words, about 80% of the demand for nurse-midwives in Texas will not be met.
How Experience Affects Psychiatric Nurse Salaries
Psychiatry is a field of medicine that requires experience to be successful. Unlike the medical-based specialties, in most instances, there is no test or x-ray to confirm that a patient is, in fact, suffering a mental illness. It comes down to the individual medical professionals knowledge and skill in recognizing the symptoms and ways they can present.
Those who are successful in psychiatry have done their time and built their knowledge base to recognize the symptoms of mental illness and the different presentations.
Also Check: Mercer University Nurse Practitioner Program
Top Average Nurse Practitioner Salaries In The United States
As most of this comprehensive guide analyzes salaries based on region, cost of living by region can be helpful in putting salaries into their greater economic context. The Missouri Economic Research and Information Center provides an analysis of cost of living based on economic considerations like groceries, housing, transportation, utilities, and health. Top and bottom salaries may be determined in part by how expensive or inexpensive it is to live in that state or region.
Here are the top-paying states and municipal regions in the US, according to the BLS . Employment levels are provided to give context to the level of opportunity in the region:
Psychiatric Nurse Practitioner Salary By Years Of Experience
Psychiatric NPs can earn a higher annual salary with increased years of experience. Per Payscale.com, this is how much people are earning at different levels of experience in 2021 :
Also Check: Nurse Practitioner Online Programs In Nc
How Long Does It Take To Become A Psychiatric Nurse Practitioner
Psychiatric Mental Health Nurse Practitioner Salary In Dallas Texas
How much does a Psychiatric Mental Health Nurse Practitioner make in Dallas, TX? The average Psychiatric Mental Health Nurse Practitioner salary in Dallas, TX is $112,211 as of , but the salary range typically falls between $100,645 and $123,159. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
- Adjust Psychiatric Mental Health Nurse Practitioner Salary:
- Select State
Read Also: Ole Miss Nurse Practitioner Program
Np Salaries Compared To Other Healthcare Professions
Because of their unique training, nurse practitioners can occupy many different roles within the world of healthcare. Like registered nurses , nurse practitioners can serve in a support role to an MD or group of MDs. Like physician assistants , NPs can provide care in cooperation with a physician, balancing independent practice with reliance on the training of board-certified MD for certain job functions such as prescribing controlled substances.
This section elucidates the differences between the salaries of healthcare professionals, according to BLS .
Substance Abuse And Addictions
Substance abuse and addictions have escalated rapidly over the last few years, fueled by the opioid endemic. More Americans are addicts than ever before.
This trend shows no signs of slowing, with 13% of Americans saying they had either started using or were using more substances due to the pandemic.
The number of professionals working in the area was woefully inadequate. When the impact of the last 12 months is added to the equation, it is clear there are plenty of opportunities for a skilled psychiatric nurse.
You May Like: Nursing Homes Toledo Ohio Area
Nurse Practitioner Salary: How Much Does A Np Make
The starting NP salary averages $104,440 per year, but compensation rates vary with education level, certification, practice specialty area, workplace setting, and geography. NPs in California will likely earn higher starting salaries than their peers in Kentucky, and psychiatric NPs earn more than family nurse practitioners, on average. This guide what you need to know about nurse practitioner salaries.
Are you ready to earn your online nursing degree?
Highly trained nurse practitioners rank among the highest-paid nurses, typically earning salaries exceeding $100,000. With licensure as advanced practice registered nurses , these professionals care for patient populations within their specialty areas.
This guide uses 2020 data from the U.S. Bureau of Labor Statistics , along with select surveys, to break down nurse practitioner salary information by degree level, geography, specialty focus, and workplace. Check out our rankings of the best nurse practitioner programs.