What Is The Average Salary With A DNP Degree? | NurseJournal.org (2024)

What Is The Average Salary With A DNP Degree? | NurseJournal.org (1)

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Updated April 16, 2024

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  • Compared to Other Nursing Degrees
  • By Role
  • By Work Setting
  • By State
  • FAQ

This guide provides information on DNP salaries, including projection figures and geographic data.

What Is The Average Salary With A DNP Degree? | NurseJournal.org (2)

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Employers and healthcare leaders agree that nurses with a doctor of nursing practice (DNP) degree stand out for their evidence-based practice, critical thinking, and leadership skills. But does a DNP mean a higher earning potential? DNP salary data reveals that a doctorate in nursing practice can pay off.

Popular Online DNP Programs

Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.

How Does the Average Salary for DNP-Holders Compare to the Salaries of Other Nursing Degrees?

As nurses advance their education, they can increase their earning potential. Compared to professionals with other nursing degrees, DNP holders earn the highest salary.

Nurses with a DNP earn more for several reasons. They qualify for higher-paying roles, including advanced practice roles like nurse anesthetist. DNP holders may also bring more experience to their roles. The following table compares the average salaries for nurses by degree, including the average DNP salary increase.

Average Annual Salaries for Different Nursing Degrees Compared
DNP MSN BSNADN
Average Annual Salary $112,000$103,000 $94,000 $76,000
How Much More DNP Graduates Make +$9,000 +$18,000 +$36,000

DNP Salaries by Role

A DNP can qualify nurses for high-paying, advanced practice roles such as certified registered nurse anesthetist and nurse practitioner. DNP nurses often have greater autonomy along with a higher earning potential.

DNP salaries vary by role, experience, and degree. For example, a DNP may help advanced practice registered nurses (APRNs) increase their compensation over APRNs with an MSN.

This section introduces some common roles for nurses with a DNP, including salary data from the Bureau of Labor Statistics, ranked from highest to lowest-paying median annual salary.

Certified Registered Nurse Anesthetist (CRNA)

CRNAs are the highest-paid nurses and need a DNP. The median nurse anesthetist salary exceeds $200,000, with many states reporting even higher salaries. Factors such as experience and location affect a CRNA’s earning potential.

These APRNs administer anesthesia to patients undergoing surgical or diagnostic procedures. CRNAs specialize in pain management and work closely with patients to meet their needs safely.

  • Median Annual Salary: $203,090
  • Annual Salary Range: $143,870-$239,200
  • Highest-Paying States: North Dakota, California, Connecticut, New York, and Illinois

Nurse Practitioner

Nurse practitioners provide primary and specialty care, with several specialization options such as family nurse practitioner or psychiatric mental health NP. Their scope of practice includes diagnosing and treating health issues, and in some states, NPs can also prescribe medications.

The median nurse practitioner salary exceeds $120,000. Work setting, degree level, and location all influence an NP’s earning potential. Specialty also impacts salaries, with mental health NPs reporting the highest NP salaries.

  • Median Annual Salary: $121,610
  • Annual Salary Range: $87,340-$165,240
  • Highest-Paying States: California, New Jersey, Massachusetts, Oregon, and Nevada

Certified Nurse Midwife

Nurse midwives specialize in prenatal, postpartum, delivery, and family planning care. They can deliver babies, treat sexual health issues, and provide primary and maternity care.

The median nurse midwife’s salary exceeds $120,000. While CNMs can practice with an MSN, earning a DNP can mean more job opportunities and higher compensation. Other factors that influence nurse midwife salaries include work setting and location.

  • Median Annual Salary: $120,880
  • Annual Salary Range: $77,510-$171,230
  • Highest-Paying States: California, West Virginia, Hawaii, Massachusetts, and Oregon

Nurse Administrator

Nurse administrators bring their clinical backgrounds to leadership roles in hospitals and other healthcare settings. They manage hiring and staffing, scheduling, and budgeting for their organization’s nursing units.

Jobs at the top of the nursing hierarchy typically require an MSN or DNP. The median nurse administrator salary reached $96,000 in 2024, with variations depending on the work setting and location. Earning potential also depends on the specific role nurses hold in nursing administration.

  • Median Annual Salary: $110,680
  • Annual Salary Range: $67,900-$216,750
  • Highest-Paying States: New York, Washington, D.C., Delaware, New Jersey, Massachusetts

Nurse Educator

Nurse educators train current and prospective nurses. They teach in hospitals, healthcare settings, colleges, and universities. Nurse educators cover key topics such as clinical skills, nursing practice, and patient care. Academic roles can either focus on teaching or incorporate research responsibilities with teaching.

The median nurse educator salary exceeds $78,000, depending on degree level, location, and job title. DNP-prepared nurse educators typically earn more because they can teach graduate-level nursing programs.

  • Median Annual Salary: $78,580
  • Annual Salary Range: $47,760-$127,290
  • Highest-Paying States: Massachusetts, Nevada, California, Washington D.C., New York

DNP Salaries by Work Settings

Work setting and job title both influence DNP salaries. DNP holders typically earn higher salaries in hospitals and outpatient care centers. Academic settings and offices of health practitioners, besides physicians, generally report lower salaries.

However, salaries vary greatly, and factors besides work setting and role also impact earning potential. For example, professional experience can mean a higher salary regardless of the work setting. Nurse administrators with more than 10 years of experience report annual salaries of $25,000 higher than those with 5-9 years of experience, according to Payscale data from January 2024.

Median Annual Salaries by Work Setting for DNP Holders
Work SettingNurse AnesthetistNurse PractitionerNurse MidwifeNurse AdministratorNurse Educator
General Medical and Surgical Hospitals$215,160$128,490$127,280$126,050$96,780
Offices of Physicians$189,290$114,590$118,730$99,440$115,670
Outpatient Care Centers$229,660$128,950$153,140 $101,890
Offices of Other Health Practitioners$107,120 $111,470$68,000 $91,620
Colleges, Universities, and Professional Schools$196,770$108,920$109,330 $106,500$79,190

Note: The dash means no data is available for nurse educators in this work setting.

Note: BLS does not track nurse administrator data separately, so we used median salaries in each work setting for “health and medical services managers,” of which nurse administrators are one type.

DNP Salaries by State

DNP salaries vary by state. High cost-of-living states typically report higher salaries. For example, states like California and New York rank in the top five highest-paying states, while North Carolina and Louisiana report the lowest salaries by state.

Many of the highest-paying states are home to major cities with above-average salaries. Nurse practitioners earn more in California than in any other state, according to BLS data. The state reports an average NP salary of $161,540, along with the ten highest-paying metro areas, including San Francisco, Los Angeles, and San Jose.

DNP Average Salaries by State
StateAnnual SalaryMonthly PayWeekly PayHourly Wage
Alabama$97,681$8,140$1,878$47
Alaska$108,908$9,075$2,094$52
Arizona$112,140$9,345$2,156$54
Arkansas$95,315$7,942$1,832$46
California$121,098$10,091$2,328$58
Colorado$100,705$8,392$1,936$48
Connecticut$110,034$9,169$2,116$53
Delaware$100,177$8,348$1,926$48
Florida$92,006$7,667$1,769$44
Georgia$89,867$7,488$1,728$43
Hawaii$114,952$9,579$2,210$55
Idaho$123,662$10,305$2,378$59
Illinois$93,984$7,832$1,807$45
Indiana$108,277$9,023$2,082$52
Iowa$100,671$8,389$1,935$48
Kansas$96,266$8,022$1,851$46
Kentucky$100,137$8,344$1,925$48
Louisiana$86,621$7,218$1,665$42
Maine$114,343$9,528$2,198$55
Maryland$106,286$8,857$2,043$51
Massachusetts$115,294$9,607$2,217$55
Michigan$93,919$7,826$1,806$45
Minnesota$108,192$9,016$2,080$52
Mississippi$94,435$7,869$1,816$45
Missouri$93,002$7,750$1,788$45
Montana$107,093$8,924$2,059$51
Nebraska$100,019$8,334$1,923$48
Nevada$114,356$9,529$2,199$55
New Hampshire$118,480$9,873$2,278$57
New Jersey$110,706$9,225$2,128$53
New Mexico$97,222$8,101$1,869$47
New York$127,631$10,635$2,454$61
North Carolina$82,618$6,884$1,588$40
North Dakota$106,153$8,846$2,041$51
Ohio$102,077$8,506$1,963$49
Oklahoma$95,571$7,964$1,837$46
Oregon$108,506$9,042$2,086$52
Pennsylvania$105,003$8,750$2,019$50
Rhode Island$108,687$9,057$2,090$52
South Carolina$98,597$8,216$1,896$47
South Dakota$101,797$8,483$1,957$49
Tennessee$112,716$9,393$2,167$54
Texas$110,130$9,177$2,117$53
Utah$100,281$8,356$1,928$48
Vermont$116,675$9,722$2,243$56
Virginia$103,611$8,634$1,992$50
Washington$135,678$11,306$2,609$65
West Virginia$107,560$8,963$2,068$52
Wisconsin$102,639$8,553$1,973$49
Wyoming$111,633$9,302$2,146$54

Frequently Asked Questions About DNP Salaries

DNPs earn an average base salary of $112,000. The earning potential with a DNP depends on job title, experience, work setting, and location. For example, nurse anesthetists report the highest DNP salary, while nurse educators report the lowest.

DNPs earn the highest salaries in nursing because a DNP is a terminal degree that allows nurses to pursue top leadership, educational, and clinical roles. Nurse practitioners can earn a DNP to increase their earning potential. NPs can practice with either an MSN or a DNP. As nurses advance their education, they typically see their compensation grow.

Nurse anesthetists earn the highest DNP salary with a median annual income of $203,090. Nurse practitioners earn a median annual salary of $121,610 — more than two and a half times the U.S. median annual salary of $45,760.

Getting a DNP can pay off. Nurses who pursue a DNP can expand their scope of practice and earning potential. DNP holders can qualify for roles such as nurse anesthetist, nurse practitioner, nurse administrator, and nurse educator, which may require a terminal nursing degree. DNP holders earn an average salary of $18,000 more than BSN holders and $9,000 more than MSN holders.

Related Pages

Ask a Nurse: MSN Nurse Practitioner Programs Are Changing to DNP Programs by 2025. What Does This Mean for Me?Some nursing organizations propose requiring a DNP as the entry-level education for NPs. How could this affect graduates, and who supports the change?May 31, 2024DNP vs. Ph.D. in Nursing: What’s the Difference?Explore the differences between earning an DNP and Ph.D. in nursing including their duties and responsibilities as well as salary and career outlook.Apr 23, 2024Why Get a Doctorate in Nursing (DNP)?Graduating with a doctoral degree in nursing can advance careers, increase salaries, and lead to rewarding jobs. Learn why and how to become a DNP.Feb 28, 2023
What Is The Average Salary With A DNP Degree? | NurseJournal.org (2024)

FAQs

What Is The Average Salary With A DNP Degree? | NurseJournal.org? ›

NPs who have a DNP degree will likely earn more than an NP with an MSN. However, the pay difference between an NP and those with a DNP degree can vary based on several factors, including the individual's experience, specialization, geographic location and the specific job setting.

Does DNP make more money than NP? ›

NPs who have a DNP degree will likely earn more than an NP with an MSN. However, the pay difference between an NP and those with a DNP degree can vary based on several factors, including the individual's experience, specialization, geographic location and the specific job setting.

What is the highest paid DNP? ›

Certified Registered Nurse Anesthetist

This is one of the highest paying jobs in the country, not just in the medical field, and the demand for it grows as the population increases. Only about 52% of DNP programs award a CRNA certification, but it's still the most common way to rise to the top of the profession.

What is the average salary of a DNP in the US? ›

Average DNP Salary Per Year Based on Years of Experience
TypeSalary
5-9 Years of Experience$128,630
10-19 Years of Experience$155,420
20 Years or More Experience$160,800
Average$133,600
3 more rows

Is a DNP financially worth it? ›

A nurse with an advanced degree, however, can make six figures annually, depending on your specialty and years of experience. One of the biggest reasons why a DNP is worth it is that it offers great financial rewards. On average, having a DNP translates to $104,353 annually or 52.63/hour.

Do DNPs go by doctor? ›

So, the short answer is yes – in general, a DNP nurse may be referred to as "doctor," however, some states have regulations surrounding this. For example, California and Georgia forbid nurses, pharmacists, and other professionals from using the "doctor" title.

What can a DNP do that a NP cannot? ›

A DNP nurse can influence healthcare policies, take on administrative roles and provide clinical education for nursing programs. An NP without a DNP degree has not reached a terminal educational level that might be required for some roles.

Who makes more DNP or PhD in nursing? ›

Typically, nurses with a DNP degree have a higher annual salary than those with their PhD. That's in part due to the settings in which they work; since DNPs often practice clinically and see patients, they have a higher earning capacity than nurses in higher education or governmental positions.

Are DNP in demand? ›

Doctorate-prepared nurse practitioners are in high demand. They are highly sought after for important roles in health care, including education, administration, leadership and as clinicians, empowering you to work in multiple settings or pursue your dream career path.

Is a DNP respected? ›

Accreditation verifies that a degree program offers effective, high-quality education. Earning a D.N.P. accredited by CCNE or ACEN demonstrates that an education sufficiently prepares individuals for high-level practice and leadership roles.

What percent of people have a DNP? ›

More than 64% of today's nursing workforce is prepared at the baccalaureate and higher-degree level, but only 1.2% have a DNP degree and 0.6% a PhD, according to American Association of Colleges of Nursing (AACN) statistics.

Is it hard to get a DNP? ›

One of the main reasons a BSN-to-DNP program is hard is that it requires a significant time commitment. Depending on whether you enroll part-time or full-time, it could take you three to four years (or longer) to earn your post-baccalaureate DNP.

What is the DNP controversy? ›

Charges Against the DNP

Ms E was charged with violating California's Business & Professions Code because of unfair business practices and false advertising. The complaint alleged that she described herself as Dr Sarah with third-party digital health care platforms such as Healthgrades and Sharecare.

Where do DNPs make the most money? ›

The highest paying jobs for DNP-prepared nurses can be found in every aspect and every level of healthcare, from the clinical level to where medical equipment and pharmaceutics are developed and marketed to healthcare organizations.

Do you need a master's for DNP? ›

To enroll in a DNP program, you must have completed a BSN or MSN degree. If you don't have a BSN degree, you can't take a direct path from RN to DNP. However, unlike many other advanced degrees, Franklin's BSN to DNP program allows those holding a BSN to advance directly to a DNP without completing a master's degree.

Is a DNP higher than an FNP? ›

Family nurse practitioners (FNPs) are a specific type of nurse practitioner, while a DNP is a doctoral degree, specifically, a doctor of nursing practice. A DNP can prepare you for a career as an FNP, another type of nurse practitioner, or other nursing role.

Is DNP the highest degree in nursing? ›

Nursing and medicine are distinct health disciplines that prepare clinicians to assume different roles and meet different practice expectations. DNP programs will prepare nurses for the highest level of nursing practice.

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