Salaries in obstetrics and gynecology are relatively high for physicians and advanced practice nurses. Even at the start of a career, entry-level salaries can come close to, if not exceed, six figures. Both professionals provide high levels of care to expectant mothers and women of reproductive age. Physicians in this specialty tend to earn more than nurse practitioners and nurse midwives.
Salaries Highest for Physicians
The Bureau of Labor Statistics sets salaries for OB-GYNs at an average of $216,760 in 2012. A survey by the Medical Group Management Association has a much higher figure, estimating the median wage at $281,190. Entry-level salaries were roughly 26 percent less, with half of all salaries starting at $207,500 or more a year.
Nearly Six Figures for NPs
Nurse OB-GYNs, or nurse midwives, brought home $91,070 annually, according to the BLS. A survey published by the Clinical Advisor found very little difference in the pay of those just entering the field versus seasoned pros. With fewer than five years of experience, nurse practitioners in general averaged $88,200 in 2013. By comparison, those with six to 10 years of experience earned $94,157 -- a bump of nearly 7 percent.
High Pay in Midwest
For both OB-GYNs and advanced practice nurse midwives, salaries were the highest in the Midwest. For example, OB-GYNs earned $249,960 a year in Oklahoma, $247,240 in South Dakota and $242,600 in North Dakota, according to the BLS. Nurse midwives fared the best in Minnesota, averaging $116,420, while those working in Wisconsin averaged $111,480 annually.
Growing Opportunities Expected
Employment opportunities for OB-GYNs look good, as the BLS projects a job growth of 24 percent through 2020. This should add more than 5,000 jobs to the market. The BLS predicts even better prospects for advanced practice nurse practitioners, including nurse midwives. Through 2020, opportunities for employment should grow by 26 percent. But midwifery is a much smaller field, so you’re looking at nearly 1,500 new jobs for nurse midwives.