As stated by the US Bureau of Labor Statistics, the average annual salary for Nurse Practitioners is $118,040, compared to $235,930 for Doctors. This shows that the pay for Doctors is much higher than for Nurse Practitioners.
Nevertheless, it's worth mentioning that factors such as location, experience, and the specific workplace can affect salary. In particular, Nurse Practitioners in California may have higher earnings (averaging $151,830 per annum) compared to those in Tennessee ($95,120). As another example, the average income of Doctors in Idaho is 76% higher compared to those in Louisiana.
Nurse Practitioners vs Doctors overview
Nurse Practitioners and Doctors are two important occupations in the Health Care Services industry. Many people are interested in understanding the differences between these occupations, as well as the average pay for each.
Nurse Practitioner job description
Nurse Practitioners diagnose and treat acute, episodic, or chronic illness, independently or as part of a healthcare team. May focus on health promotion and disease prevention. May order, perform, or interpret diagnostic tests such as lab work and x rays. May prescribe medication. Must be registered nurses who have specialized graduate education.
Nurse Practitioner education and experience
Most Nurse Practitioners (65%) have a Master's Degree. But additionally, among employees with this job title, there are also some with a Doctoral Degree (26%). With regard to experience, about a third of Nurse Practitioner occupations require a 1 to 2 years of previous work-related experience. A smaller portion of roles (35%) require a previous experience of 2 to 4 years.
Nurse Practitioner average salary
As reported by the US Bureau of Labor Statistics, in 2021, the number of Nurse Practitioners employed in the United States was 234,690, and they earned an average of $118,040 per year. The bottom 10 percent had a salary of $79,470 or less, and the top 10 percent had a salary of $163,350 or more. The average salary has increased by 3.1% in comparison to the previous year.
Do Nurse Practitioners make good money?
Nurse Practitioners are typically paid well, since their mean salary is 103% above the average pay in the United States ($58,260). Moreover, they make 68% more than the mean salary of the Health Care Services industry ($70,360).
Nurse Practitioners are typically paid well, since their mean salary is 103% above the average pay in the United States ($58,260).
Nurse Practitioners job growth
Nurse Practitioners have seen growth in employment over the past two years. In 2021, there have been 23,410 more job opportunities than the previous year across the nation, and that shows an increase of 11.1%. Over the past 3 years, job growth has averaged 9.4%.
Doctor job description
Alternative names: Family Medicine Physicians, General Practitioners, Physicians
Doctors diagnose, treat, and provide preventive care to individuals and families across the lifespan. May refer patients to specialists when needed for further diagnosis or treatment.
Doctor education and experience
The majority of Doctors (59%) have obtained a Doctoral Degree. However, among employees in this occupation, there are also some with a Post-Doctoral Training (29%) and a Master's Degree (9%). Regarding experience, more than half of Doctor jobs require a 2 to 4 years of experience in the field. A smaller percentage of jobs (17%) require no previous experience.
Doctor average salary
According to the US Bureau of Labor Statistics, there were 102,930 Doctors employed in the United States in 2021, and they earned a mean annual income of $235,930. The bottom 10 percent earned $63,580 or less, and the top 10 percent earned $208,000 or more. Compared to the previous year, the average salary is up by 10.1%.
Do Doctors make good money?
Doctors usually receive good salaries, as their average salary is about three times higher than the average wage in the United States ($58,260). Additionally, they earn over two times more than the average wage of the Health Care Services industry ($70,360).
Doctors usually receive good salaries, as their average salary is about three times higher than the average wage in the United States ($58,260).
Doctors job growth
In 2021, there have been 4,340 more Doctor positions than the previous year nationwide, which marks a rise of 4.4%. Job growth has averaged -2.7% for the last 2 years.
FAQ
Do Nurse Practitioners or Doctors make more?
Doctors make 100% more than Nurse Practitioners. The average annual salary for Nurse Practitioners is $118,040, while Doctors earn $235,930 per year.
How long does it take to become a Nurse Practitioner vs Doctor?
Nurse Practitioners generally need a Master's Degree. It most often takes between 2 years and 3 years to obtain a Master's Degree. And, given that a Bachelor's Degree must be completed first, it could take around 7 years to complete the full educational process. While on the other hand, Doctors generally need a Doctoral Degree. It most often takes between 4 years and 6 years to obtain a Doctoral Degree. And, given that a Master's Degree must be completed first, it could take around 13 years to complete the full educational process.
Is it harder to become a Nurse Practitioner vs Doctor?
Becoming a Doctor is considerably harder than becoming a Nurse Practitioner, as it takes 6 more years of education.
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