Nurse practitioner earnings have increased $16K since 2019

The average annual wage for nurse practitioners has increased in each of the past five years, rising from $111,840 in 2019 to $128,490 in 2023, a total increase of more than $16,000, according to data from the Bureau of Labor Statistics.

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Nurse practitioners earned the most in California for each of the past five years. 

The Bureau of Labor Statistics released updated compensation data April 3 to reflect May 2023 information, the latest available. 

Here is the average annual salary and mean hourly wage for nurse practitioners, along with the average earnings in the highest-paying state in each year since 2019:

2019

Mean annual wage: $111,840

Mean hourly wage: $53.77

Highest-paying state: California, annual wage of $138,660

2020

Mean annual wage: $114,510; year-over-year increase of $2,670

Mean hourly wage: $55.05

Highest-paying state: California, annual wage of $145,970

2021

Mean annual wage: $118,040; year-over-year increase of $3,530

Mean hourly wage: $56.75

Highest-paying state: California, annual wage of $151,830

2022

Mean annual wage: $124,680; year-over-year increase of $6,640

Mean hourly wage: $59.94

Highest-paying state: California, annual wage of $158,130

2023

Mean annual wage: $128,490; year-over-year increase of $3,810

Mean hourly wage: $61.78

Highest-paying state: California, annual wage of $161,540

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