How Much Does An RN Make 2020?

Are registered nurses paid hourly or salary?

In general, nurses who work in direct patient care areas are paid an hourly wage.

This includes ADN, BSN, MSN, NP, and DNP nurses.

For example, if a patient care RN earns an hourly wage of $50 an hour, and they work 12-hour shifts, they will make $50 x 12 = $600 per shift..

What RN makes the most money?

The highest paying nursing jobs are:Certified Registered Nurse Anesthetist – $181,040.General Nurse Practitioner – $111,840.Clinical Nurse Specialist – $106,028.Psychiatric Nurse Practitioner – $105,658.Certified Nurse Midwife – $108,810.Neonatal Intensive Care Nurse – $102,487.Pain Management Nurse – $101,916.More items…•

Are RNs rich?

Registered nurses do not become rich. You do not go into nursing in order to make money or to gain a fortune.

How many days do RNs work?

Even though nurses worked approximately four days per week, averaging 40.2 (±12.9) hours per week (range 8–97.2 hours per week), one-quarter worked more than fifty hours per week for two or more weeks of the four-week period.

Is nursing school difficult?

You’re headed for a great career, one that’s rewarding, challenging, and always exciting. But nursing school is notoriously difficult. Most nursing programs require high GPAs and impressive scores in math, chemistry, biology, psychology, and other demanding subjects. It’s also extremely fulfilling.

What does the average RN make an hour?

Reported salaries are highest at Alberta Health Services where the average pay is C$39.05. Other companies that offer high salaries for this role include Interior Health and Fraser Health Authority, earning around C$37.43 and C$36.46, respectively. Saint Elizabeth Health Care pays the lowest at around C$29.44.

How much does an RN make right out of college?

The average nursing pay scale in the U.S. In March 2019, The US Bureau of Labor Statistics (BLS) reported that between May 2017 and May 2018, registered nurses brought in a median salary of $71,730 per year – a 3.7% increase compared to the previous year. The majority of nurses make from $48,690 to $104,100 annually.

Can you live off a nurses salary?

For the most part, yes. It really just depends on where you live and what the average salary of RNs in your city is. … would be for you every month, how much you’ll be making as a RN, and plan from there.

What is the lowest paying state for nurses?

10 states where nurses earn the least:South Dakota: $58,340.Mississippi: $58,490.Iowa: $59,130.Alabama: $59,470.Arkansas: $60,780.Kansas: $61,030.Tennessee: $61,320.West Virginia: $61,780.More items…•

Is $27 an hour good pay?

And we’ll assume you work an average of 40 hours per week. 40 hours multiplied by 50 weeks is 2,000 working hours in a year. … $27 per hour multiplied by 2,000 working hours per year is an annual income of $54,000 per year.

What does a RN make starting out?

The starting salary of a Registered Nurse can range from around $28,000-$50,000 per year, depending on location and job industry. The starting hourly wage of an RN can range from $16.50-26.00 per hour. This salary will increase over time as nurses gain experience, certifications, and specialize in a specific area.

What state pays RNs the most?

CaliforniaBut what state has the highest-paid nurses? For registered nurses, California currently stands at the top of the 10 best-paying states for RNs, followed by Hawaii, District of Columbia, Massachusetts, Oregon, Alaska, New York, Nevada, New Jersey, and Washington, according to the Bureau of Labor Statistics (BLS).

How much do rn make monthly?

National Average As of Dec 31, 2020, the average monthly pay for a RN Nurse in the United States is $6,062 a month.

Why are nurses paid so much?

One of the easiest ways to explain why a registered nurse makes so much is to think about supply and demand. The higher the demand for highly skilled and trained registered nurses, the more likely they are to receive a higher salary as an incentive to get them to work for the healthcare facility.

What is the best state to work as a nurse?

NevadaAccording to the report, when looking only at opportunity and competition metrics, Nevada ranked as the best state for nurses, while New York ranked as the worst….According to the report, the overall five best states for nurses in 2020 are:Oregon;Washington;New Mexico;Minnesota; and.Nevada.

Can rn make 6 figures?

The short answer to whether or not a nurse can earn six figures a year is absolute. However, the amount of money a nurse is likely to make during a typical year will vary depending on several factors such as the nurse’s career path/specialty, salary agreements, location, and any additional side work/side hustle.

How can a nurse get rich?

How to Make More Money as a NurseComplete your BSN degree. … Pursue experience in a nursing specialty. … Volunteer to work overtime on occasion. … Get an advanced nursing degree. … Get creative with nursing side jobs. … Become a travel nurse.

Do ICU nurses make more money?

When dealing with critical-care disease or physical injury, situations are bound to become intense. This is what makes nursing such a rewarding career. ICU nurses save lives on a regular basis. For this reason, ICU nurses are paid on average more than regular nurses.