According to 2019 stats from the New Mexico Department of Workforce Solutions, nurses remain one of the most in-demand occupations in the state and will continue to be in demand in the coming years. From 2016 to 20126, the number of nursing jobs is projected to grow by 13%, thanks to about 1,180 new jobs annually.
And while new RN grads are valued here, it’s the highly educated and experienced nurses who are in the most demand. As a result, nursing students and professionals alike are rising to the occasion by earning graduate degrees like a Doctor of Nursing Practice (DNP). In return, New Mexico employers are dishing out bigger salary offers than ever before.
In fact, according to a 2018 Advance Healthcare Network survey, DNP-educated nurse practitioners surveyed earned an average of 7% more than NPs whose highest degree was a master’s.
Salaries for DNP Nurses in New Mexico and Throughout Its Major Cities
The New Mexico Department of Workforce Solutions provides salary information for DNP-educated advanced nursing professionals, both as a state as a whole and throughout its major cities of the state (2018):
- Nurse Administrators and Executives: $135,730+
- Nurse Educators: $74,500-$86,650
- Nurse Practitioners: $125,630-$143,980
- Nurse Midwives: $120,520-$129,360
Nurse Administrators and Executives:
- Albuquerque: $155,260+
- Farmington: $107,770-$134,050
- Las Cruces: $113,070-$180,450
- Santa Fe: $118,360-$189,240
- Albuquerque: $125,950-$141,350
- Farmington: $111,950-$125,640
- Las Cruces: $137,690-$157,880
- Santa Fe: $107,550-$134,030
- Albuquerque: $120,330-$129,790
An Overview of Hourly Wages for New Mexico’s DNP-Educated Nurses
A 2019 Medscape Compensation Report found that 78% of APRNs are paid overtime, thus revealing that the majority of these nursing professionals are paid hourly – and that just as many enjoy opportunities to supplement their pay with overtime wages.
The New Mexico Department of Workforce Solutions provides hourly wages for DPN-educated nursing professionals, as of 2018:
- Nurse Midwives: $57.94-$62.19
- Nurse Practitioners: $60.40-$69.22
- Nurse Administrators: $65.26+
Salary and employment data compiled by the New Mexico Department of Workforce Solutions in May of 2018 – (https://www.dws.state.nm.us/LMI). Salary data represents state and MSA (Metropolitan Statistical Area) average and median earnings for the occupations listed and includes workers at all levels of education and experience. This data does not represent starting salaries. Employment conditions in your area may vary.
All salary and job growth data accessed in December 2019.
This page includes salaries that fall within the 75th and 90th percentiles for each nursing role to account for the fact that DNP-educated nurses are recognized as earning more than master’s-prepared nurses in the same roles.