Registered Nurse (RN) Salary: What to Expect

Registered Nurse (RN) Salary: What to Expect

Registered nurses (RNs) play a critical role in the healthcare industry, providing essential care to patients in a variety of settings. If you're considering a career in nursing, one of the most common questions you may have is, "What is the RN salary?"

The answer to that question depends on several factors, including your location, level of experience, and education. In this blog, we'll break down the average RN salary and what you can expect as a registered nurse.

Average RN Salary

According to the Bureau of Labor Statistics (BLS), the median annual salary for registered nurses in the United States was $75,330 as of May 2020. The lowest 10 percent earned less than $53,410 per year, while the highest 10 percent earned more than $116,230 per year.

The BLS also reports that the top-paying industries for RNs include:

Personal care services ($106,920)
Pharmaceutical and medicine manufacturing ($97,090)
Federal executive branch ($94,820)
Insurance carriers ($92,720)
Management, scientific, and technical consulting services ($91,520)

Factors Affecting RN Salary

Location: Your geographic location plays a significant role in determining your RN salary. Generally, areas with a higher cost of living tend to pay higher salaries. For example, RNs in California and Hawaii have some of the highest median salaries in the country, while those in states like Arkansas and Mississippi have lower median salaries.

Experience: As with most professions, RNs with more experience tend to earn higher salaries. Entry-level RNs typically earn less than those with several years of experience.

Education: RNs with advanced degrees, such as a Master of Science in Nursing (MSN) or Doctor of Nursing Practice (DNP), tend to earn higher salaries than those with only a bachelor's degree in nursing (BSN).

Specialty: RNs can specialize in various areas of healthcare, such as critical care, pediatrics, or oncology. In general, RNs in specialized fields tend to earn higher salaries than those in general nursing.

Career Advancement Opportunities

Registered nursing is a career with numerous advancement opportunities. RNs can pursue further education, such as an MSN or DNP, to become nurse practitioners, nurse anesthetists, or nurse midwives. These advanced practice registered nurses (APRNs) typically earn higher salaries than RNs.

In addition, RNs can advance to management positions, such as nurse manager or director of nursing, which often come with higher salaries and additional benefits.

Conclusion

The RN salary varies depending on location, experience, education, and specialty. While RNs can earn a comfortable salary, it's important to note that compensation is not the only factor to consider when choosing a career in nursing. RNs make a significant impact on patients' lives, and the job comes with many rewards beyond just financial compensation.

If you're passionate about helping others and want a career with opportunities for growth and advancement, registered nursing may be the perfect choice for you.

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