Travel Nurse Salary Guide | 2024
What Is a Travel Nurse?
Travel nurses are registered nurses who work short-term contracts to fill the needs of hospitals, clinics, long-term facilities, and other healthcare institutions. Travel nurses can help when there are nursing shortages. However, it is not always a long-term solution.
Travel nursing is very enticing to those who want increased flexibility within the nursing sector, which traditional bedside nursing might not offer.
Looking for open travel nurse assignments? Speak with a recruiter today!
How Much Do Travel Nurses Make?
Travel nurse salaries vary depending on location and specialty. Most recently, travel nurses have seen a decline in salaries compared to several years ago. The COVID-19 pandemic dramatically increased wages for travel nurses, and many left the bedside in order to travel the country and cash in on the big paychecks. While now the salaries are not as large for contracts, there are still many contracts available at a competitive wage across the country.
ZipRecruiter.com reports the national average for travel nurses is $101,132 per year. The highest-paying states are New York, Vermont, and California, while the lowest reported salaries are in Florida and Arkansas. Even though Florida has the lowest travel nurse salary, the annual travel nurse salary is still $5,000 more than the $86,070 national average for staff nurses according to the BLS.
But don’t forget other ways to make money as a travel nurse, such as earning points or miles on all the travel that you already have to do. We now have travel nursing credit cards just for nurses to earn while they travel.
Travel Nurse Salary by State
Salaries and stipends vary by state and city, as do housing and cost of living. Here’s a breakdown of travel nurse salaries and hourly wages for all fifty states, going from highest to lowest.
| State | Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage |
|---|---|---|---|---|
| New York | $135,031 | $11,252 | $2,596 | $64.92 |
| Vermont | $132,707 | $11,058 | $2,552 | $63.80 |
| California | $130,341 | $10,861 | $2,506 | $62.66 |
| Maine | $126,575 | $10,547 | $2,434 | $60.85 |
| Idaho | $125,217 | $10,434 | $2,408 | $60.20 |
| Washington | $124,240 | $10,353 | $2,389 | $59.73 |
| Pennsylvania | $123,669 | $10,305 | $2,378 | $59.46 |
| Massachusetts | $122,156 | $10,179 | $2,349 | $58.73 |
| Alaska | $121,382 | $10,115 | $2,334 | $58.36 |
| New Jersey | $120,934 | $10,077 | $2,325 | $58.14 |
| New Hampshire | $120,647 | $10,053 | $2,320 | $58.00 |
| Oregon | $119,997 | $9,999 | $2,307 | $57.69 |
| North Dakota | $119,877 | $9,989 | $2,305 | $57.63 |
| Wisconsin | $119,111 | $9,925 | $2,290 | $57.27 |
| Wyoming | $118,043 | $9,836 | $2,270 | $56.75 |
| Hawaii | $117,602 | $9,800 | $2,261 | $56.54 |
| Colorado | $116,968 | $9,747 | $2,249 | $56.23 |
| Indiana | $115,975 | $9,664 | $2,230 | $55.76 |
| Nevada | $114,771 | $9,564 | $2,207 | $55.18 |
| New Mexico | $114,453 | $9,537 | $2,201 | $55.03 |
| Minnesota | $114,294 | $9,524 | $2,197 | $54.95 |
| Arizona | $113,577 | $9,464 | $2,184 | $54.60 |
| South Dakota | $113,297 | $9,441 | $2,178 | $54.47 |
| Montana | $111,865 | $9,322 | $2,151 | $53.78 |
| Ohio | $111,315 | $9,276 | $2,140 | $53.52 |
| Rhode Island | $111,146 | $9,262 | $2,137 | $53.44 |
| Delaware | $110,939 | $9,244 | $2,133 | $53.34 |
| Alabama | $110,469 | $9,205 | $2,124 | $53.11 |
| Virginia | $109,735 | $9,144 | $2,110 | $52.76 |
| Connecticut | $108,976 | $9,081 | $2,095 | $52.39 |
| Iowa | $108,771 | $9,064 | $2,091 | $52.29 |
| Illinois | $107,945 | $8,995 | $2,075 | $51.90 |
| Mississippi | $107,802 | $8,983 | $2,073 | $51.83 |
| Maryland | $107,540 | $8,961 | $2,068 | $51.70 |
| Tennessee | $106,277 | $8,856 | $2,043 | $51.09 |
| Utah | $106,005 | $8,833 | $2,038 | $50.96 |
| Nebraska | $105,533 | $8,794 | $2,029 | $50.74 |
| Missouri | $104,121 | $8,676 | $2,002 | $50.06 |
| South Carolina | $103,067 | $8,588 | $1,982 | $49.55 |
| Georgia | $102,909 | $8,575 | $1,979 | $49.48 |
| Oklahoma | $102,199 | $8,516 | $1,965 | $49.13 |
| Texas | $102,065 | $8,505 | $1,962 | $49.07 |
| Kansas | $101,486 | $8,457 | $1,951 | $48.79 |
| North Carolina | $100,940 | $8,411 | $1,941 | $48.53 |
| Louisiana | $99,788 | $8,315 | $1,919 | $47.98 |
| Kentucky | $96,957 | $8,079 | $1,864 | $46.61 |
| Michigan | $96,919 | $8,076 | $1,863 | $46.60 |
| West Virginia | $95,511 | $7,959 | $1,836 | $45.92 |
| Arkansas | $92,113 | $7,676 | $1,771 | $44.29 |
| Florida | $91,074 | $7,589 | $1,751 | $43.79 |
Source: ZipRecruiter.com
Find available, high-paying travel nurse opportunities.
Wages for travel nurses involve more than just a straight hourly rate. Travel nurses can receive non-taxed stipends for housing and living expenses, and those stipends are paid on top of your hourly rate. Other benefits may include, depending on the staffing agency:
- Medical, dental, and vision insurance
- 401K investment options
- Sign-on, completion, and referral bonuses
- Free continuing education courses
- License Reimbursement
- Weekly/Bi-weekly Pay
- Tax Advantage Plan
- Life Insurance
- Liability Insurance, Disability Insurance, and Worker’s Compensation
- 24/7 Support
It’s important to remember that travel nurses are paid (and taxed) differently than staff nurses. Travel nurses are paid through agencies, not the hospital, so you need to look at your total pay. This includes your hourly base pay + your non-taxable stipends, which are things like housing and meals.
What Does a Travel Nurse Package Include?
Travel nurse packages will vary depending on the company and the individual. For example, one travel nurse may take a housing stipend while another might take the company-provided houses. These small differences are important to remember when investigating travel nurse contracts and also speaking to your peers.
Furthermore, some travel nurse companies will have exclusive contracts with healthcare institutions, and packages will look different based on the exclusivity.
There are three major components to all pay packages:
- Taxable hourly pay
- Housing Stipend
- Meal and Incidentals Stipend
Taxable Hourly Rate
The hourly pay is the dollar per-hour amount for each hour worked. It is the taxable portion of the pay package, which is important to remember. The actual amount you are paid will vary depending on the agency. Travel nurse agencies will want to pay you the least amount hourly as possible in order to make the whole pay package look attractive. The larger the hourly wage, the more taxes are taken out, which results in less weekly income.
Housing, Meal, and Incidental Stipends
This portion of the pay package is tax-exempt since non-taxable money is not considered income. This is the most alluring part of a travel nurse pay package and where travel nurses will make the most money. This money is directly determined by the travel nurse company.
These stipends will also vary depending on whether you decide to take housing provided by the company or find your own. If you decide to take company-provided housing, you will not receive a housing stipend. Many travel nurses decide to take the housing stipend and then find their own living arrangements. This can help nurses take home extra non-taxable pay. But be careful; it can also be harmful.
For example, if the housing stipend is $1,200 and you find an apartment for $1,000, you will get to keep the extra $200. Unfortunately, if the housing cost is more than the housing stipend provided by the company, you are responsible for the difference.
Pro tip: Look at housing costs before signing your contract!
As an example, a standard total pay package could look something like this:
*Assumes $20 per hour at 40 hours per week, minus taxes
Understanding Your “Tax Home”
To qualify for these non-taxable stipends or reimbursements, one must maintain what the IRS calls a “tax home.” A tax home is your place of residence that you maintain and pay for (either by rent or mortgage) while you are out on your travel assignment. Ideally, the IRS would like a travel nurse to take an assignment somewhere and then return to their tax home, where they maintain a PRN or full-time nursing job.
Travel nurses who have a tax home will need to keep proof of this. It’s important to keep all receipts that prove you are paying to maintain your primary residence (e.g., house sitters, utilities, and home maintenance expenses).
Per IRS Publication 463, three factors are used to determine if a location/residence qualifies as a tax home. These are:
- You perform part of your business in the area of your main home and use that home for lodging while doing business in the area.
- You have living expenses at your main home that you duplicate because your business requires you to be away from that home.
- You have not abandoned the area in which both your historical place of lodging and your claimed main home are located; you have a member(s) of your family living at your main home; or you often use that home for lodging.
Most travel nursing agencies will have you sign a form stating that you do have a tax home. If you do not have a residence that you are planning on maintaining when you are traveling, you will be referred to as an itinerant worker. As an itinerant worker, you will be required to pay taxes on all income earned, including stipends and reimbursements. When applying with different travel agencies, make sure they are aware of your itinerant status. You can get more information about tax homes here.
Itinerant status is not ideal for someone looking to make the most money and will cause a big difference in take-home pay. It can be confusing to navigate the difference between tax home and itinerant status. Speaking to a financial planner and/or accountant specializing in travel nurse pay is helpful. As a best practice, travel nurses are encouraged to return to their permanent residence between contracts.
What Factors Affect Travel Nursing Pay?
There are numerous factors that can affect travel nursing pay. Some will be in your control, and others will not. These include:
1. Location
The specific location of the assignment most heavily influences travel nurse pay. Simply put, pay rates often reflect the cost of living in the area and also regional trends. Historically speaking, the highest-paying states for travel nurses include California, Washington, and New York.
Southern states like Mississippi and Alabama typically have lower living costs and, in turn, lower travel nurse pay. Destination locations, like Hawaii, typically do not have the most desirable pay packages because the locations are highly sought after. Companies know that there are many travel nurses excited about the surf and sand of Hawaii, so pay packages are reflective of that competition.
2. Specialty
The travel nurse’s specialty also impacts pay. Long-term care nurses and clinic nurses will see significantly lower rates than other specialties, but this is generally the case even for staff nurses. Increased certifications, credentials, and skills will command higher pay.
Historically speaking, the top-paying travel nurse specialties are:
- Intensive Care Unit (ICU)
- Med-Surg
- Neonatal Intensive Care Unit (NICU)
- Operating Room (OR)
3. Shift
Night shift assignments are generally more prevalent in the world of travel nursing. The increased need and the less desirable shift mean that many hospitals offer higher rates for their night shift assignments. Flexibility is key if you want to make the most money as a travel nurse.
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