The median annual wage for registered nurses was $71,730 in May 2018. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $50,800, and the highest 10 percent earned more than $106,530.
In May 2018, the median annual wages for registered nurses in the top industries in which they worked were as follows:
|Hospitals; state, local, and private||73,650|
|Ambulatory healthcare services||68,320|
|Nursing and residential care facilities||63,990|
|Educational services; state, local, and private||61,850|
Because patients in hospitals and nursing care facilities need round-the-clock care, nurses in these settings usually work in shifts, covering all 24 hours. They may work nights, weekends, and holidays. They may be on call, which means that they are on duty and must be available to work on short notice. Nurses who work in offices, schools, and other places that do not provide 24-hour care are more likely to work regular business hours.
Career Outlook for Nurses
Employment of registered nurses is projected to grow 12 percent from 2018 to 2028, much faster than the average for all occupations. Growth will occur for a number of reasons.
Demand for healthcare services will increase because of the aging population, given that older people typically have more medical problems than younger people. Nurses also will be needed to educate and care for patients with various chronic conditions, such as arthritis, dementia, diabetes, and obesity.
The financial pressure on hospitals to discharge patients as soon as possible may result in more people being admitted to long-term care facilities and outpatient care centers, and greater need for healthcare at home. Job growth is expected in facilities that provide long-term rehabilitation for stroke and head injury patients, and in facilities that treat people with Alzheimer’s disease. In addition, because many older people prefer to be treated at home or in residential care facilities, registered nurses will be in demand in those settings.
Growth is also expected to be faster than average in outpatient care centers, where patients do not stay overnight, such as those which provide same-day chemotherapy, rehabilitation, and surgery. In addition, an increased number of procedures, as well as more sophisticated procedures previously done only in hospitals, are being performed in ambulatory care settings and physicians’ offices.
Overall, job opportunities for registered nurses are expected to be good because of employment growth and the need to replace workers who retire over the coming decade. However, the supply of new nurses entering the labor market has increased in recent years. This increase has resulted in competition for jobs in some areas of the country. Generally, registered nurses with a Bachelor of Science degree in nursing (BSN) will have better job prospects than those without one. Employers also may prefer candidates who have some related work experience or certification in a specialty area, such as gerontology.
Did You Know?: The ten largest healthcare occupations represent 5.5 percent of national employment.
Forty-two percent of employment in healthcare occupations are related to nursing, including nursing assistants. Employment for registered nurses was nearly 2.7 million in May 2014, making it one of the largest occupations in the nation. The annual average wage for nurses was nearly $70,000. The top 10 percent of nurses earned $98,880 per year or more. Among the ten largest healthcare occupations, the top paying was physicians and surgeons, all other, with annual average wages of $189,760.-U.S. Bureau of Labor Statistics