Several factors contribute to income inequality among nurses. Education level is one of the primary factors; nurses with higher degrees such as a Bachelor of Science in Nursing (BSN) or Master of Science in Nursing (MSN) typically earn more than those with an associate degree. Geographic location also plays a role, as nurses in urban areas or states with higher living costs often earn more than those in rural areas.
Another significant factor is experience. More experienced nurses generally command higher salaries. However, specialization can also impact income; nurses specializing in fields like anesthesia or critical care often earn more than those in general practice. Finally, institution type (private hospital vs. public hospital) can influence pay scales.
