The nurse practitioner salary in Minnesota is averagely $91.52 per hour and $123,202 per year.
A nurse practitioner is a registered nurse with a graduate degree and in some cases a separate certification as NP.
Nurse Practitioner Salary in Minnesota Cities
Here are details of nurse practitioners’ salaries across cities of Minnesota:
|City||Hourly Salary||Annual Salary|
|20||St. Louis Park||$86.06||$115,855|
|28||Inver Grove Heights||$84.20||$113,343|
10 Cities with Highest Nurse Practitioner Salary in Minnesota
Here are cities in Minnesota that pay the highest salaries to nurse practitioners:
|City||Hourly Salary||Annual Salary|
Skill-based Nurse Practitioner Salary in Minnesota
A nurse practitioner in Minnesota with industry valuable skills and certifications will make more money than those without them. Some of these beneficial skills include:
- Biomedical Engineering
- Clinical Process Improvement
- Medical Coding
- Healthcare Administration Management
- Marketing and Sales
Experience-based Nurse Practitioner Salary in Minnesota
The more experience a nurse practitioner has, the higher the salary they can earn in Minnesota.
Nurse practitioner with less than one year experience makes $108,372 per year in Minnesota and those with 10 years or more make $134,499 per year.
10 Companies with Highest Nurse Practitioner Salary in Minnesota
Here are the top 10 paying companies for nurse practitioners in Minnesota:
|Company||Hourly Salary||Annual Salary|
|8.,||Wound Care Plus, LLC||$109||$146,965|
10 Highest Paying Nurse Practitioner Jobs in Minnesota
These are some of the highest paying nurse practitioners jobs in Minnesota:
- PM&R Nurse Practitioner: $144,993
- Nurse Practitioner Anesthesiology: $136,853
- International Travel Nurse Practitioner: $129,714
- Nurse Practitioner Consultant: $125,635
- General Practitioner Physician: $125,114
- Home Health Nurse Practitioner: $121,935
- Neonatal Nurse Practitioner: $138,837
- Pediatric Nurse Practitioner: $128,860
- Family Nurse Practitioner: $129,470
- Psychiatric Nurse Practitioner: $147852
More Benefits for Nurse Practitioners in Minnesota
Employers in Minnesota offer benefits like bonuses, stock options and other incentives for nurse practitioners:
This financial incentive comes on top of an employee’s salary. To achieve this benefit, the employee needs to achieve a specific goal set by the employer.
- Professional Stock Option Plan
To qualify for this benefit, you need to have been employed by the company for at least three years and must be classified as director-level or higher. The stock plan allows you to buy stock at a discounted price.
Employee nurse practitioners who have worked for the company for some time can purchase stock at a discounted price. Stock is issued by the company and the employee cannot resell nor transfer this stock.
However, depending on how long they have been employed with the company, they may be able to sell this stock to another party at a later date.
- Retirement plans
This benefit is one that most companies in Minnesota provide when they have a retiring employee.
This plan is designed to help the employee with their retirement needs. It will be offered by the employer and not necessarily through social security.
What Related Job Titles to Nurse Practitioner Earn in Minnesota
- Clinic Registered Nurse: $90,782
- Physician Assistant: $127870
- Radiation Oncologist: $325000
- Pathologist: $297800
- Dental Implants Sales: $64,695
Nurse Practitioner Salary and Job Outlook in Minnesota
Minnesota has a sizable number of hired nurse practitioners due to its several urban locations.
In 2018, the state employed 3,950 nurse practitioners. The job outlook for nurse practitioners in Minnesota is expected to expand by slightly more than 23% by 2028.
This equates to an additional 910 positions, increasing the total number of employed nurse practitioners to 4,860.
Despite having several urban areas, Minnesota has a considerable amount of rural communities that require healthcare practitioners.
They also have a lagging aging population with growing healthcare requirements.
How to increase Your Pay as a Nurse Practitioner in Minnesota
There are several ways to increase your salary. The healthcare industry is a highly competitive and changing environment, so it is important that you choose the path that best suits your goals.
Some key ideas to consider are:
- Upgrading your education
This means doing more hours of study so you can work in the field you want.
Individuals with multiple certifications and degrees will earn more. It is important to consider the cost of tuition, both in and out of state, when determining how long this will take.
- Obtaining your advanced certifications
These are specialized certifications that require a lot of time and money, but provide the opportunity for earnings beyond what a regular education provides. These include:
1. Certified Anesthesia Assistant
2. Certified Nurse Midwife
3. Certified Nurse Anesthetist
4. Certified Dialysis Provider
- Seizing Opportunities to Advance and increase your Skills
Education is one way of advancing in the medical field, but taking on opportunities for career advancement is another way.
Become a leader by taking on roles that you would not normally be assigned to in your department or role at work:
- Volunteer for projects outside of the primary role you are in the corporation
- Find out where the corporation is adding new positions and take your career to the next level by applying for them
- Take leadership roles within special events or committees.
More Career Opportunities for Nurse Practitioners in Minnesota
There are a variety of job opportunities for nurse practitioners in Minnesota, these include:
- General Practice
This is one of the highest paying jobs for nurse practitioners in Minnesota. It includes diagnosing, treating and handling medical emergencies of patients of all ages across a variety of specialties.
- Gerontology Nurse Practitioner
The goal of these nurse practitioners is to help older adults age with dignity, grace, and quality living.
- Oncology Nurse Practitioners
Nurse practitioners handle patients with several types of cancer. They have to have a lot of knowledge about cancer care.
- Cardiovascular Disease Nurse Practitioners
Nurse practitioners must be knowledgeable about cardiovascular disease in order to help their patients with these conditions.
- Adult Primary Care Nurse Practitioners
Nurse practitioners are also responsible for caring for adults with conditions. They work with care teams to provide the best quality of care.
This post helps in boosting your knowledge of the nurse practitioner salary in Minnesota, to enable you make the best decisions about living and working in Minnesota as a nurse practitioner.
Information sources: payscale.com, bls.gov, indeed.com, glassdoor.com, simplyhired.com, beckershospitalreview.com, pharmapproach.com, salary.com