A Certified Nurse-Midwife (CNM) is a type of advanced practice registered nurse (APRN) that provides healthcare to women throughout the entire course of their lives. This may include family planning, gynecological checkups, and prenatal care.
Find out everything you need to know about nurse midwives, average salaries, salary by state, and ways to increase your earning potential.
According to the BLS, certified nurse-midwives earn a median average annual salary of $120,880 or $58.12 per hour. ZipRecruiter.com, on the other hand, reports that certified nurse-midwives earn an average of $121,262 per year or $58 per hour.
Via: ZipRecruiter
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Nurse-Midwives can earn a higher annual salary with increased years of experience.
- Less than 1 year of experience earn an average hourly wage of $95,00
- 1-4 years of experience earn an average annual wage of $101,000
- 5-9 years of experience earn an average annual wage of $107,000
- 10-19 years of experience earns an average annual wage of $110,000
- 20 years and higher years of experience earn an average annual wage of $120,000
Via: Payscale
Generally, nurse-midwives work in hospitals and earn the highest wages; however, they can work in a variety of other locations such as:
- Birthing centers
- Private practice
- Academia
- Home care
- Public health clinic
- Health department
- Military hospital
According to the BLS, the median annual wages for nurse-midwives, in areas they worked were as follows:
- Hospitals; state, local, and private – $128,190
- Outpatient care centers – $128,190
- Offices of physicians – $121,280
- Offices of other health practitioners -$104,790
- Educational services; state, local, and private – $102,680
You can increase your nurse-midwife salary in a few different ways:
- Earn your Midwifery Certification: The American Midwifery Certification Board certifies nurses that have passed an accredited nurse-midwifery program.
- Working nights or weekends, where you are paid a higher per-hour wage.
- Work per diem or become a locum tenens.
- Train to be a preceptor for new hires.
- Pick up over time on your unit or throughout the hospital, if needed.
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The cost of becoming a nurse can be overwhelming; however, with scholarships, loans, and tuition reimbursement, it is feasible for anyone that is interested in the field.
Becoming a nurse-midwife costs more than becoming a registered nurse because it is an advanced practice degree. Nurses are required to attend graduate school and earn a master’s degree.
First, there is not one set cost for nursing school, but you can expect to spend anywhere from thousands for a shorter degree program to as high as over $80,000 and even sometimes $100,000 for private or Ivy league nursing programs. This is only for your BSN.
There is a multitude of factors that affect the cost of a nursing program including, but not limited to,
- Full-time or part-time status
- Associate Degree in Nursing (ADN) or a Bachelor of Science in Nursing (BSN)
- RN to BSN bridge program
- Community college vs. state college vs. private college
- Books
- Nursing Uniforms
- Lab Fees
- Transportation to classes and clinical sites
After obtaining your BSN, you will need to attend an accredited master’s level degree program. You can expect to spend more on a midwifery program than your BSN. Programs typically cost $75,000 to $150,000 depending on the institution.
Regardless of the cost, nursing is a rewarding career and it is worth taking the risk. While the typical college student will leave school with debt, there are ways for it to be paid back by the government, hospital, or military. It’s important to speak to a counselor or hospital HR department regarding options.
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Nurse-midwives earn an average annual salary of $114,210 or $54.91 per hour. Here’s how that compares to some other advanced practice nursing specialties:
Salaries via ZipRecruiter
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