NP Salaries/Location/Specialties

Specialties NP

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I have been talking to NP's across different specialties and some make upwards of $220,000/year after taxes. I was wondering if you are currently working as a NP and are willing to share the following:

Specialty

Salary

Location

Thank you for sharing.

lrobinson5

691 Posts

Who did you speak with that makes that much money? Average pay for an NP I thought was just under 100k before taxes, but this is largely based off national stats and could be different for each regional job market. 220 still seems very inflated to me.

tsipareht

106 Posts

A Psych NP who works for a private practice in Memphis, TN. She sees 4 pts/hour and works 12-16 hour days. She said he gets paid per pt she sees.

tsipareht

106 Posts

Another Psych NP also got an offer in South Texas. $175k/year with all loans paid off with a 2 year commitment.

Jules A, MSN

8,864 Posts

Specializes in Family Nurse Practitioner.

Your figures sound high if after taxes. The one saying they are netting $220,000 would have to be grossing in the $300,000 range, right? Could be and more power to her if thats true but I'm skeptical. I make in the top range of my area but I also work holidays and weekends. The psychiatric NPs I know in the Baltimore/DC area make between $95,000 and $200,000 but that is before taxes. This is also not dependent on experience. I know some with years of experience making the low figure and brand new NPs making over $150,000. The average is probably $150,000.

IMO, part of the reason there is such a large gap is because in general I don't think NPs are very business focused when it comes to their own finances. I know many who are willing to work for whatever they are offered or become enamored by the high brow teaching hospitals who don't pay diddly and instead act as if their name on your resume should be enough compensation. If we want to be taken seriously we need to be excellent at our craft and conduct ourselves like business people.

Jules A, MSN

8,864 Posts

Specializes in Family Nurse Practitioner.
Another Psych NP also got an offer in South Texas. $175k/year with all loans paid off with a 2 year commitment.

I know two psychiatric NPs in Baltimore working at an outpatient practice making this figure with $20,000 a year for tuition reimbursement.

Specializes in Surgery.

Seems inflated-even for psych. Also OP there's a recent thread with salary and specialty if you look..

carachel2

1,116 Posts

A Psych NP who works for a private practice in Memphis, TN. She sees 4 pts/hour and works 12-16 hour days. She said he gets paid per pt she sees.

That sounds like a horrible life honestly. Have you been in an exam room with a psych patient with multiple issues? Suicidal thoughts, bipolar disorder, etc??? 15 minutes per patient ? 16 hour days?

That NP does not make 220K per year. She has about 20 hrs of overtime per week. If you scale it down to actual hours worked I'm betting she makes a more normal, average salary. Any NP could make that kind of money if they are willing to work that much. i have something called a LIFE...therefore I would not see patients every 15 minutes and I would never ever work 12-16 hr days.

carachel2

1,116 Posts

Another Psych NP also got an offer in South Texas. $175k/year with all loans paid off with a 2 year commitment.

That sounds a bit more reasonable BUT..have you ever actually BEEN to South Texas??? Salaries are inflated in that area for a big reason. It's very near the border, poverty is horrendous and resources are very limited. School districts are struggling and they have a hard time attracting providers of all types to that area so they have to inflate the salaries.

You are not pulling up real world normal people salaries in your "salary surveys." None of us are going to report salaries in that range because most of us prefer our nice suburbs where our kids go to good schools and pretty much none of us are going to want to work 12-16 hr days.

jjpsychiatry

28 Posts

I'm working inpatient psych unit as a new grad Psych NP. 120k/ year with benefits.

deza, MSN, NP

85 Posts

Specializes in psych.
I'm working inpatient psych unit as a new grad Psych NP. 120k/ year with benefits.

What state?

Jules A, MSN

8,864 Posts

Specializes in Family Nurse Practitioner.
That sounds a bit more reasonable BUT..have you ever actually BEEN to South Texas??? Salaries are inflated in that area for a big reason. It's very near the border, poverty is horrendous and resources are very limited. School districts are struggling and they have a hard time attracting providers of all types to that area so they have to inflate the salaries.

You are not pulling up real world normal people salaries in your "salary surveys." None of us are going to report salaries in that range because most of us prefer our nice suburbs where our kids go to good schools and pretty much none of us are going to want to work 12-16 hr days.

I totally agree that I'm too old to juggle 15 minute appointments working 12-16 hours a day but other than that example these are "real world normal people salaries" for some of us. There are excellent paying positions out there if people refuse the horrible paying jobs and require appropriate compensation. I don't know any areas at this time with an abundance of psychiatric nurse practitioners so imo we all should be making extreme salaries.

The psychiatric nurse practitioners I mentioned making $80 an hour + tuition reimbursement are from Baltimore, Maryland where there are plenty of nice suburbs, imo, and their positions are 40 hours a week Monday-Friday jobs with benefits.

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