Obtaining an MSN in South Dakota has the potential to nearly double the base salary of an RN. Comparing the median salary among nurse practitioners with that of RNs demonstrates the increase in salaries conferred by an MSN. NPs must have a master’s degree to get licensed to practice, while RNs rarely possess an MSN.
The US Bureau of Labor Statistics provides this salary data as of 2014 for different regions of South Dakota:
Experienced MSN-Educated Nurses in South Dakota Average More Than $81,000
According to the South Dakota Department of Labor and Regulation, experienced nurses in the 90th percentile earned an average salary of more than $81,000 as of 2015:
- 90th Percentile–$197,083
- 10th Percentile–$136,005
- 90th Percentile–$120,097
- 10th Percentile–$69,567
- 90th Percentile–$81,016
- 10th Percentile–$43,334
Nurse midwives in South Dakota earned an average salary of $88,130 a year as of 2013 according to the American College of Nurse-Midwives.
Nursing Professions that Require an MSN are Showing Strong Job Growth in South Dakota
The South Dakota Department of Labor and Regulation predicts that the number of jobs for nurse educators in the state will increase by 31% between 2012 and 2022. The Department expects that the number of jobs for nurse practitioners will grow by 22.2% during this time frame, while the number of jobs for nurse anesthetists should increase by 11.5%
In fact, South Dakota had the third highest concentration of jobs for nurse anesthetists in the country in 2014 according to the US Bureau of Labor Statistics.
Salaries for Nurse Anesthetists in Two Regions of South Dakota
The US Bureau of Labor Statistics provided the salaries for nurse anesthetists in Sioux Falls and the nonmetropolitan area of Eastern South Dakota as of 2014. Nurse anesthetists in both of these areas earned an average salary that was nearly identical:
*These values are equal to or greater than $90 an hour or $187,199 a year. The US Bureau of Labor Statistics does not report salaries beyond this level.
Nurse Practitioner Salaries Throughout South Dakota
According to the US Bureau of Labor Statistics, nurse practitioners in Rapid City earned the highest average salary in South Dakota as of 2014: