Nursing
Nursing

How Much do RNs Earn

Curious about earning extra money as a nurse? Here’s everything you need to know about RN salary and your earning potential by becoming an RN.

Published:
26
September 2024
Nurse holding a piggy bank containing increased RN salary

Becoming an RN is rewarding in more ways than one. In addition to providing care for those in need, you’ll also enjoy a high nursing salary with many career growth opportunities. How much does an entry-level RN earn vs. the highest paid RN? We’re breaking down your RN salary potential, including how to make the most money as an RN.

How much do RNs earn at entry-level? 

Anyone familiar with the healthcare industry knows that being a registered nurse comes with significant earning potential, but what is an RN salary for those just starting out? 

A new graduate from an LPN to RN Bridge program or similar program, starting out as an entry-level RN, can expect to earn an average of $70,699 each year on average according to Salary.com. This works out to just under $34 per hour. 

Entry level RN salary varies widely throughout the country. New RNs can typically expect to earn anywhere from $64,105 - $79,687 depending on the city and state in which they work. 

Annual raises are part of the job on pace with the cost of living. Some hospitals also give yearly bonuses to the nursing staff. 

How much do RNs earn per year? 

According to Indeed, RNs as a whole earn an average of $93,935 per year as of September 2024. Your location and years of experience will impact your exact RN salary, with those living in more populated areas typically earning more. 

RN yearly salaries: 

  • Low: $61,642
  • Average: $93,935
  • High: $143,144

Compare these numbers to other nursing positions:

CNA yearly salaries

  • Low: $33,123
  • Average: $45,807
  • High: $63,347

LPN yearly salaries: 

  • Low: $43,909
  • Average: $59,640
  • High: $81,007

Based on these numbers, an RN earns $47,528 more than a CNA and $34,295 more than an LPN on average. When it comes to nursing, the more education you have under your belt, the more you can earn. Becoming an RN is an important stepping stone to advancing your career. 

What type of RN gets paid the most?

  • MSN: Earning a master’s of science in nursing (MSN) puts you on the road to maximum earning potential. RNs who aim to eventually become nurse practitioners (NPs) will need to earn an MSN to move forward.

  • Specialized nurses: RNs who specialize in a particular healthcare niche will find themselves in higher demand. Examples include labor and delivery, oncology, emergency room care, and more. Many of these specialties require additional certifications and training, but the investment results in higher salaries. 

RNs can continue their education throughout their career, adding on certifications and training as opportunity and interest arises. After gaining field experience, many nurses gravitate toward different healthcare specialties that define their skill sets and demand higher pay. 

What is the highest type of RN salary? 

In 2024, the highest paid RN is a Certified Registered Nurse Anesthetist (CRNA) at $259,707 a year according to ZipRecruiter. This specialized position does require additional education (at least a BSN) and certification in a program accredited by the Council on Accreditation of Nurse Anesthesia Educational Programs (COA). 

How to earn extra money as a nurse

Earning your RN is the first step in boosting your earning potential. Having a higher degree will open previously closed doors that create more opportunities and higher payouts. Outside of becoming an RN, there are other ways nurses can bring in some additional income. 

How can an RN earn extra money:

  • Get certified: Earning a specialized certification sets you apart and puts you in high demand. 
  • Move into leadership: Becoming a manager or nursing educator comes with added responsibilities and earning potential.
  • Take per diem shifts: Extra day shifts can grant you higher hourly rates for hospitals or clinics who are in dire need. 
  • Become a health coach: Use your deep understanding of health care to help clients assess concerns and become their best selves. 
  • Administer flu shots: Working in an immunization clinic on a part-time basis can bring in some additional funds. 
  • Create nursing content: Every industry has influencers, and aspiring nurses seek inspirational and educational content that only seasoned pros can provide. 

Boost your earning potential by earning your RN 

The best way to earn a higher salary as a nurse now and in the future is to obtain your RN license. Higher education is a crucial earning factor in the healthcare industry; without it, your salary potential will be limited. CNAs and LPNs can pursue an RN in an LPN to RN Bridge program or CNA to RN Bridge program that allows you to continue working while going back to school for the education you need. 

Achieve allows you to  begin your advanced nursing education by testing out of general education courses and nursing school prerequisites online. This time-saving approach helps accelerate your progress toward becoming an RN and earning the RN salary you deserve while maintaining work/life balance, allowing you to pursue your education with less stress. With Achieve, you’ll also have full support from instructors, tutors, mentors, and your Education Advisor throughout every step of the path to an RN. 

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Find out how to use innovative learning solutions to finish your degree requirements faster. Why not take the next step and see if you’re a good candidate for our credit by exam program.

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