How much does a Psychiatric Nurse Practitioner (NP) make?

As of April 01, 2025, the average annual salary for a Psychiatric Nurse Practitioner (NP) in the United States is $116,810. According to Salary.com, salaries can range from a low of $97,304 to a high of $134,501, with most professionals earning between $106,600 and $126,070.

Psychiatric Nurse Practitioner (NP) Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $126,070 $10,506 $2,424 $61
Average $116,810 $9,734 $2,246 $56
25th Percentile $106,600 $8,883 $2,050 $51

Average Salary

25% $106,600 10% $97,304 90% $134,501 75% $126,070 $116,810 50%(Median)
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How much does a Psychiatric Nurse Practitioner (NP) make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Psychiatric Nurse Practitioner (NP) salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Psychiatric Nurse Practitioner (NP) is about $116,810 a year, this translates to an approximate hourly rate of $56, a monthly salary of about $9,734, and a weekly pay of around $2,246 . Click the switch button below to see more details about Psychiatric Nurse Practitioner (NP) hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Psychiatric Nurse Practitioner (NP)'s Salary?

An entry-level Psychiatric Nurse Practitioner (NP) with less than 1 year of experience earns about $113,457. With 1-2 years of experience, the average salary increases to $114,219. For 2-4 years of experience, the pay typically rises to $115,286. Senior-level professionals with 5-8 years of experience earn around $117,086, and those with over 8 years of experience can expect an average of $119,851.

Levels Salary
Entry Level Psychiatric Nurse Practitioner (NP) $113,457
Intermediate Level Psychiatric Nurse Practitioner (NP) $114,219
Senior Level Psychiatric Nurse Practitioner (NP) $115,286
Specialist Level Psychiatric Nurse Practitioner (NP) $117,086
Expert Level Psychiatric Nurse Practitioner (NP) $119,851
$113,457 0 yr
$114,219 < 2 yrs
$115,286 2-4 yrs
$117,086 5-8 yrs
$119,851 > 8 yrs
Last Updated on April 01, 2025
Entry Level 3%
Mid Level 2%
Senior Level 1%
Top Level 0%
Experienced 3%
View as graph
Last Updated on April 01, 2025

How much does salary of Psychiatric Nurse Practitioner (NP) vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Psychiatric Nurse Practitioner (NP) is $145,880.
  • In New York, NY, the average annual salary is $135,370.
  • In Boston, MA, a Psychiatric Nurse Practitioner (NP) earns $130,270 per year.

What is the salary trend of Psychiatric Nurse Practitioner (NP)?

As of April 01, 2025, our research reveals a significant shift in Psychiatric Nurse Practitioner (NP) compensation over the past six years. For example, the median salary increased from $231,993 in 2023 to approximately $237,504 in 2024. (For a detailed analysis of Psychiatric Nurse Practitioner (NP) salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Psychiatric Nurse Practitioner (NP) Over Time

2020
$???
2021
$???
2022
$???
$231,993
2023
$237,504
2024
$226,789
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$231,993
2024
$237,504
2025
$226,789
2026
$???
Last Updated on April 01, 2025

Psychiatric Nurse Practitioner (NP) Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $231,993
2024 $237,504
2025 $226,789
2026 View More
Last Updated on April 01, 2025

Job Openings of Psychiatric Nurse Practitioner (NP)

Salary.com job board provides millions of Psychiatric Nurse Practitioner (NP) information for you to search for. Click on search button below to see Psychiatric Nurse Practitioner (NP) job openings or enter a new job title here.

Most Common Benefits for Psychiatric Nurse Practitioner (NP)

Based on HR-reported data: a national average with a geographic differential
Base Salary 73.3%
Bonuses 0.0%
Social Security 5.6%
401k/403b 3.6%
Disability 1.2%
Healthcare 4.0%
Pension 3.1%
Time Off 9.3%
Core Compensation
Core Compensation Median % of Total
Base Salary $116,810 73.3%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $8,936 5.6%
401K/403B $5,724 3.6%
Disability $1,869 1.2%
Healthcare $6,371 4.0%
Pension $4,906 3.1%
Time Off $14,826 9.3%
Total Compensation $159,441 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

FAQ about Psychiatric Nurse Practitioner (NP)

1. Can a PMHNP prescribe medication?

A psychiatric (mental health) nurse practitioner (PMHNP) is an advanced practice registered nurse (APRN) with specialized training in diagnosing and treating mental health disorders. PMHNPs can prescribe medication to patients in all 50 states. Their salary ranges from $118,220 to $141,990, with a median salary of $130,130, reflecting their expertise and responsibilities in mental health care.

2. What can a PMHNP do that an NP cannot?

A Psychiatric Mental Health Nurse Practitioner (PMHNP) specializes in mental health care, providing assessments, diagnoses, and treatment plans for mental health disorders. Unlike general Nurse Practitioners (NPs), PMHNPs have advanced training in psychiatry, allowing them to prescribe medications and offer psychotherapy. Their expertise is crucial in addressing complex mental health needs, with salaries ranging from $118,220 to $141,990.

3. Is there a demand for psych NP?

Yes, there is a growing demand for psychiatric Nurse Practitioners (NPs). The combined demand for psychiatric NPs and PAs is projected to rise from about 11,650 to 13,630 full-time equivalents (FTEs) between 2016 and 2030, reflecting a 17% increase. Salaries for psychiatric NPs range from $118,220 to $141,990, with a median of $130,130, highlighting the profession's value.

4. Can a Pmhnp make 300k?

No, that's not accurate. A Psychiatric Nurse Practitioner (NP) typically earns between $118,220 and $141,990, with a mid-salary of around $130,130. Earning $300,000 is unrealistic for this profession, as their salaries are generally well below that figure.

5. What is the pass rate for the PMHNP exam?

The pass rate for the PMHNP exam varies, but it is generally around 80-90%. As a Psychiatric Nurse Practitioner, you can expect a salary range from approximately $118,220 to $141,990, with a median salary of about $130,130. This reflects the demand and importance of the role in mental health care.

6. What city pays the most for Psych NP?

The salary data for Psychiatric Nurse Practitioners indicates a minimum salary of $118,220, a mid-range salary of $130,130, and a maximum salary of $141,990. While cities like Portland, OR, and Brooklyn, NY, report significantly higher salaries, the average range for Psych NPs across the U.S. is notably lower than these figures.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Psychiatric Nurse Practitioner (NP) is $116,810 per year in the United States, updated at April 01, 2025.
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