Is Becoming an NP Worth It Given the 2034 Job Outlook?
Becoming an NP is usually worth it on the numbers, and the nurse practitioner job outlook is a big reason why: the field is expanding fast and pays well above the registered-nurse wage. BLS projects the occupational group that includes nurse practitioners to grow 35 percent from 2024 to 2034, far faster than the all-occupations average [1]. But a hot outlook is no reason to overpay. Whether the route is worth it for you turns on a program's cost and your break-even, with the outlook as a tailwind, not a placement promise. Start with the nurse practitioner overview for the pathway.
The short answer
BLS projects the nurse-anesthetist, nurse-midwife, and nurse-practitioner group to grow 35 percent over the decade ending 2034, with about 32,700 openings projected each year on average and a median pay of $132,050 in May 2024 [1]. For comparison, BLS projects registered nurses, a much larger occupation, to grow 5 percent over the same period [2]. The NP outlook is genuinely strong, and it is strong relative to nursing as a whole, not just relative to other industries.
What that projection is not is a job guarantee for any individual, and it is not a reason to pay more for a program than the break-even math justifies. A 35 percent growth rate tells you the field is expanding fast; it does not tell you that you will be hired in a particular state, at a particular wage, or into a particular specialty. Read it as a healthy backdrop, not as a personal forecast.
What the BLS projection measures
BLS Employment Projections estimate how many jobs an occupation will add over a ten-year window, plus how many openings will arise each year once you also count workers who retire or leave the field. The figures here are the 2024 to 2034 projection, the current vintage in the Occupational Outlook Handbook [1].
One reporting detail shapes how to read it. The Occupational Outlook Handbook reports nurse practitioners inside a combined occupational group alongside nurse anesthetists and nurse midwives, so the headline 35 percent figure is the group rate. Nurse practitioners are by far the largest of the three roles in that group, so the group rate is a fair proxy for the NP outlook.
There is also an NP-only figure, and it is higher. In the underlying BLS Employment Projections tables, nurse practitioners as a standalone occupation (29-1171) are projected to grow 40.1 percent from 2024 to 2034, which BLS ranks among the fastest-growing occupations in the economy and the fastest-growing in healthcare [3]. The 35 percent and the 40.1 percent are both real BLS numbers for the same decade: 35 percent is the combined-group rate in the Handbook summary, and 40.1 percent is the projection for nurse practitioners counted on their own. A source quoting a different NP-only percentage with no link to the Employment Projections table is interpolating.
BLS Occupational Outlook Handbook: nurse anesthetists, nurse midwives, and nurse practitioners (2024 to 2034)
| Measure | Figure | Source |
|---|---|---|
| Employment, 2024 (group) | about 382,700 jobs | [1] |
| Projected growth, 2024 to 2034 (group) | 35 percent | [1] |
| Projected growth, 2024 to 2034 (nurse practitioners alone) | 40.1 percent | [3] |
| Annual openings (group) | about 32,700 per year | [1] |
| Median pay, May 2024 (group) | $132,050 | [1] |
| Median pay, May 2024 (nurse practitioners alone, occupation 29-1171) | $129,210 | [4] |
| Typical entry-level education | master's degree | [1] |
For comparison, BLS projects registered nurses to grow 5 percent over the same decade, with about 189,100 openings a year [2]. The nurse-practitioner outlook runs well above both the registered-nurse rate and the all-occupations average.
Why is the NP projection this strong?
BLS attributes the demand for advanced-practice nurses to broad, durable forces, and they are worth understanding because they explain why the projection is more than a single-year spike.
An aging population needs more care, and care for chronic conditions in particular, which expands the need for primary and specialty providers. Nurse practitioners are increasingly used to deliver primary care, especially in areas where physician supply is thin, and a growing number of states grant NPs full practice authority, which widens the range of settings that can employ them independently.
These are structural drivers, not a passing trend, which is why the projection runs strong across a full decade. But that demand is national and averaged. It does not distribute evenly: some states and specialties will be hotter than others, and the NP salary by state page shows how unevenly the wage side already varies across the country.
What the outlook does not guarantee
A strong projection is easy to oversell, and the program marketing around the NP degree often does. Three honest caveats belong next to the 35 percent figure.
First, growth is not placement. A fast-growing occupation still has a hiring market, and being hired depends on your state, your specialty, your clinical experience, and the local employer mix. The projection describes the field; it does not describe your application.
Second, growth does not lift every state or specialty equally. The national rate averages over hot markets and cooler ones. An NP in a high-demand primary-care shortage area and an NP in a saturated metro specialty are both inside the same 35 percent figure and facing very different job searches.
Third, a strong outlook is not a reason to overpay for the degree. The demand picture supports the decision to enter the field; it does not change the math on whether a specific program is worth its specific cost. A hot outlook and an expensive program still produce a loan balance you have to clear. The NP salary overview carries the sourced wage figures you need on the other side of that calculation.
How to use the outlook in your decision
Treat the projection as one input among several, in this order.
Start with the outlook as a green light on the field itself: a 35 percent group growth rate over the decade tells you the nurse-practitioner direction is a healthy one to enter, and that is a real and useful signal [1].
Then move to the figures the outlook does not settle. Look at the wage for your state and setting, not the national headline, using the NP salary by state page. Look at the all-in cost of the specific programs you are considering against your current registered-nurse income. And look at the break-even: how many years it takes for the NP wage to clear what the degree cost you. The outlook makes the field attractive; that break-even math decides whether a particular program is.
If you are weighing the broader question of whether an advanced nursing degree, online or otherwise, earns its cost, whether an online nursing degree is worth it frames the full calculation. And if your interest runs toward the highest-paid APRN role, the CRNA salary page covers that route. For the pathway itself, the nurse practitioner overview is the place to start.
Common questions
What is the BLS job outlook for nurse practitioners?
The BLS Occupational Outlook Handbook projects the nurse-anesthetist, nurse-midwife, and nurse-practitioner group to grow 35 percent from 2024 to 2034, much faster than the average for all occupations [1]. Counted on their own, nurse practitioners are projected to grow 40.1 percent over the same decade in the BLS Employment Projections tables [3].
How many nurse practitioner jobs will be added by 2034?
BLS projects about 32,700 openings each year on average for the combined group of nurse anesthetists, nurse midwives, and nurse practitioners over the 2024 to 2034 decade, counting both new positions and replacements for workers who retire or leave the field [1]. The group held about 382,700 jobs in 2024 [1].
What is the median pay for nurse practitioners?
The Occupational Outlook Handbook lists a May 2024 median pay of $132,050 for the combined group [1]. The narrower OEWS median for nurse practitioners alone (occupation 29-1171) was $129,210 in May 2024 [4]. The NP salary overview breaks the wage down by state and setting.
Why does BLS report nurse practitioners with nurse anesthetists and midwives?
BLS groups the three advanced-practice roles in the Occupational Outlook Handbook because they share education and licensure pathways, so the Handbook's headline 35 percent growth and $132,050 median are group figures. The Employment Projections program still publishes nurse practitioners as a separate occupation (29-1171), which is where the NP-only 40.1 percent growth figure comes from [3].
Bottom line
BLS projects the nurse-practitioner occupational group to grow 35 percent from 2024 to 2034, far above the 5 percent projected for registered nurses and well above the all-occupations average, with about 32,700 openings a year [1]. That is a genuinely strong outlook driven by structural demand. Read it as a green light on the field, not as a placement promise or a reason to overpay for a program. Pair the outlook with sourced state wages and a real break-even calculation before you enroll.
Projections are national averages, not individual guarantees; outcomes vary by state, specialty, and experience. ScrubScope routes inquiries to the schools you choose and does not make admissions or financial-aid decisions; see our full disclosure.
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Sources
- U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, Nurse Anesthetists, Nurse Midwives, and Nurse Practitioners. 2024. https://www.bls.gov/ooh/healthcare/nurse-anesthetists-nurse-midwives-and-nurse-practitioners.htm
- U.S. Bureau of Labor Statistics, Occupational Outlook Handbook, Registered Nurses. 2024. https://www.bls.gov/ooh/healthcare/registered-nurses.htm
- U.S. Bureau of Labor Statistics, Employment Projections program, occupation 29-1171, 2024 to 2034. 2026. https://www.bls.gov/emp/tables/fastest-growing-occupations.htm
- U.S. Bureau of Labor Statistics, OEWS, Nurse Practitioners (29-1171). 2024. https://www.bls.gov/oes/2024/may/oes291171.htm