Key Highlights
- The travel nursing industry is projected to grow at a compound annual growth rate (CAGR) of 11.2% from 2021 to 2028
- Over 50,000 travel nurses are employed in the United States as of 2023
- The average length of a travel nurse assignment is approximately 13 weeks
- 78% of travel nurses report high job satisfaction compared to 65% of permanent nurses
- The median salary for a travel nurse in 2023 is around $2,400 per week
- About 65% of travel nurses are between the ages of 30 and 45
- The top three specialties for travel nurses are ICU, ER, and med-surg
- 45% of travel nurses report working in urban areas, while 55% work in rural or suburban settings
- The most common reasons for nurses to choose travel nursing include higher pay (85%), desire for travel (70%), and flexible schedule (60%)
- The average age of a travel nurse is 34 years old
- The average annual income of a travel nurse, including stipends, is approximately $85,000
- Nearly 30% of travel nurses hold at least a bachelor’s degree in nursing
- 60% of travel nurses report improved work-life balance compared to permanent staff
Travel nursing is experiencing rapid growth, driven by higher pay, flexible schedules, and increasing demand—making it an increasingly attractive career choice for over 50,000 nurses across the United States who are redefining healthcare mobility in 2023.
Diversity and Demographics
- About 65% of travel nurses are between the ages of 30 and 45
- The average age of a travel nurse is 34 years old
- Nearly 30% of travel nurses hold at least a bachelor’s degree in nursing
- About 40% of travel nurses have work experience of more than 5 years
- 48% of travel nurses are registered nurses (RNs), while 12% are licensed practical nurses (LPNs), and 40% hold advanced practice roles
- The average age of first-time travel nurses is 29, indicating the profession attracts early-career nurses as well as seasoned ones
- 22% of travel nurses are from states outside the top five staffing destinations, indicating a national reach for traveling professionals
- The proportion of male travel nurses has increased to 15% in recent years, up from 10% a decade ago
- 95% of travel nurses work in the United States, with less than 5% working in international assignments
- 65% of travel nurses are married or in long-term partnerships, often citing flexible schedules as a benefit for balancing personal relationships
- About 25% of travel nurses have children or dependents, making flexible schedules and housing support key factors in their careers
- Diversity in travel nursing has increased, with minorities making up approximately 20% of the workforce, up from 12% five years ago
- The average age at which nurses start working as travel nurses is 29, indicating a trend of early-career exploration
- The percentage of African American travel nurses has increased to 12%, reflecting efforts toward workforce diversity
Diversity and Demographics Interpretation
Industry Growth and Employment Trends
- The travel nursing industry is projected to grow at a compound annual growth rate (CAGR) of 11.2% from 2021 to 2028
- Over 50,000 travel nurses are employed in the United States as of 2023
- The average length of a travel nurse assignment is approximately 13 weeks
- During the COVID-19 pandemic, travel nurse demand increased by over 200%
- Approximately 55% of travel nurses secure assignments via staffing agencies
- The most popular destinations for travel nurses include California, Texas, Florida, New York, and Illinois
- On average, travel nurses work 15-20 assignments per year
- The demand for pediatric and neonatal intensive care unit (NICU) travel nurses has increased by 18% over the past year
- The turnover rate among travel nurses is approximately 20%, compared to 33% in permanent positions
- The top three states with the highest number of travel nurses are California, Texas, and Florida
- The majority of travel assignments (about 60%) are in hospitals, with the remaining in clinics, outpatient facilities, and Long-term care
- The average length of a travel nurse career is approximately 5 years, but some nurses travel for over 10 years consecutively
- The number of travel nurse jobs advertised annually has increased by over 150% since 2019, reflecting rapid industry growth
- The most common state for first-time travel nurses is California, followed by Texas and Florida, indicating popular early-career destinations
- The percentage of travel nurses working in critical care units has risen by 22% over the past two years, emphasizing demand in high-acuity settings
- 40% of traveling nurses plan to extend their current assignments or take additional ones within a year, showing a high rate of continued engagement
- The percentage of travel nurses working on short-term assignments (less than 8 weeks) increased to 35% in 2023, reflecting shifting industry dynamics
- The median experience level for travel nurse managers is over 8 years, indicating a preference for seasoned professionals in leadership roles
- The percentage of travel nurses securing international assignments or working abroad has remained steady at around 5%, primarily in Canada and the UK
- Travel nurses tend to have a higher rate of supplemental certifications such as ACLS, BLS, and PALS, with over 70% holding at least two specialty certifications
- The average length of a travel nurse career, from first assignment to retirement, is approximately 10 years, indicating career longevity despite frequent mobility
- The number of travel nurse job postings increased significantly in the fall of 2023, reaching over 8,000 active postings nationwide
- About 10% of travel nurses hold dual licenses in multiple states to expand their employment options, showcasing flexibility and proactive credentialing
- 70% of travel nurses have utilized digital tools and apps for credential management, assignment tracking, and communication, indicating high tech adoption
- Most travel nursing assignments (around 65%) include some form of professional development stipend or funding, supporting continuous education
- The proportion of travel nurses working in outpatient clinics has increased by 12% over the past three years, indicating diversification of practice settings
Industry Growth and Employment Trends Interpretation
Nurse Satisfaction and Experience
- 78% of travel nurses report high job satisfaction compared to 65% of permanent nurses
- 60% of travel nurses report improved work-life balance compared to permanent staff
- 85% of travel nurses say they would recommend travel nursing to colleagues, citing flexibility and higher pay as key benefits
- 68% of travel nurses report increased opportunities for professional development, including certifications and specialized training
- 70% of travel nurses report that their assignments have helped them develop new clinical skills, enhancing their overall practice
- Over 90% of travel nurses receive positive feedback about their assignments from patients and healthcare teams, highlighting the professionalism of traveling staff
- 90% of travel nurses report that their assignments help them build a broad network of professional contacts, valuable for future career opportunities
- Travel nurses report a satisfaction rate of over 85% with their total compensation packages when including stipends and bonuses, according to recent surveys
- 50% of travel nurses reported considering career advancement options like specialization or management within five years, influenced by their diverse experiences
Nurse Satisfaction and Experience Interpretation
Salary and Compensation Data
- The median salary for a travel nurse in 2023 is around $2,400 per week
- The most common reasons for nurses to choose travel nursing include higher pay (85%), desire for travel (70%), and flexible schedule (60%)
- The average annual income of a travel nurse, including stipends, is approximately $85,000
- The average travel nurse assignment payout per hour is $40-$60, depending on location and specialty
- 72% of travel nurses report that they receive housing stipends, making housing arrangements more flexible
- Travel nurses with 3+ years of experience earn approximately 15% more than those with less experience
- The median weekly stipend for housing provided to travel nurses is around $700, with variation based on location
- The average cost to employers for hiring a travel nurse, including wages, stipends, and agency fees, is estimated at $85/hour
- The highest paying travel nurse assignments are in California and New York, offering weekly pay exceeding $2,500 in some cases
Salary and Compensation Data Interpretation
Work Environment and Job Considerations
- The top three specialties for travel nurses are ICU, ER, and med-surg
- 45% of travel nurses report working in urban areas, while 55% work in rural or suburban settings
- On average, travel nurses report working 40-60 hours per week during assignments, depending on staffing needs
- 80% of travel nurses have access to health insurance through staffing agencies or employers, providing critical coverage during assignments
- 85% of travel nurses own or rent a vehicle to facilitate their mobility between assignments, especially in rural or suburban areas
- 60% of travel nurses prefer assignments in states with less stringent licensing requirements, facilitating easier credentialing
- Approximately 15% of travel nurses participate in travel nursing groups or communities online to exchange resources and support, highlighting community engagement
Work Environment and Job Considerations Interpretation
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