What state pays doctors the most? (2024)

What state pays doctors the most?

1. Wisconsin – $397K. In Wisconsin, doctors earned an average of $397,000 in 2022 — edging ever closer to the $400,000 mark.

What states pay doctors the least?

Below is a breakdown of the 13 states with the lowest physician salaries per Medscape:
  • Maryland: $306,000.
  • Colorado: $327,000.
  • Virginia: $330,000.
  • Massachusetts: $331,000.
  • Arizona: $334,000.
  • Washington: $338,000.
  • Tennessee: $340,000.
  • Pennsylvania: $344,000.
May 25, 2023

Where are doctors most highly paid?

Here is a list of the highest-paying countries for doctors.
  • Netherlands. ...
  • Norway. Average Salary: $169,708. ...
  • Belgium. Average Salary: $171,895. ...
  • Ireland. Average Salary: $175,088. ...
  • Canada. Average Salary: $182,619. ...
  • New Zealand. Average Salary: $186,569. ...
  • United Arab Emirates. Average Salary: $190,730. ...
  • Denmark. Average Salary: $193,627.
Oct 24, 2023

Where do doctors make the most money?

Many experts suggest that some of the most financially lucrative locations for doctors post-residency are large metro areas like Houston, Atlanta, and Charlotte, which offer salaries on the higher end coupled with a lower cost of living compared to other major cities.

What is the best state to work in as a doctor?

15 best, worst states for physicians in 2023

Montana, South Dakota and Idaho are the top three places for physicians to practice in the U.S., according to a WalletHub ranking published March 20. The worst places to practice this year are Hawaii, Rhode Island and Alaska.

What is the lowest paid doctor?

As of May 2022, just under 817,000 Americans are currently working as physicians or surgeons, according to a report from USAFacts, and cardiologists have the highest annual wage while pediatricians have the lowest.

What kind of doctor makes the most money?

Highest- and lowest-paid doctors in 2022
  1. Neurosurgery — $788,313.
  2. Thoracic surgery — $706,775.
  3. Orthopedic surgery — $624,043.
  4. Plastic surgery — $571,373.
  5. Vascular surgery — $557,632.
  6. Oral and maxillofacial — $556,642.
  7. Radiation oncology — $547,026.
  8. Cardiology — $544,201.
Mar 23, 2023

Who is the richest doctor in the United States?

Below are the five richest U.S. physician billionaires with self-made scores of six or higher and how they made their fortunes.
  • Thomas Frist, Jr., MD & family. Net worth: $21.3 billion. ...
  • Patrick Soon-Shiong, MD. Net worth: $5.1 billion. ...
  • Leonard Schleifer, MD, PhD. Net worth: $3 billion. ...
  • August Troendle, MD. ...
  • Phillip Frost, MD.
Sep 18, 2023

What is the easiest doctor to become with a high salary?

Easiest Doctor to Become: Top 10 Easiest Specialties to Get Into
  • Family Medicine.
  • Emergency Medicine.
  • Internal Medicine.
  • Pathology.
  • Preliminary Surgery.
  • Orthopedic Surgery.
  • Plastic Surgery.
  • Physical Medicine & Rehabilitation.
Nov 15, 2023

Where is the best place to work as a doctor?

Switzerland. Boasting some of the best hospitals in the world, one of the top places to work as a doctor is Switzerland. Its government makes every effort to ensure that its residents have access to adequate health care and education. They provide their doctors with a good quality of life and competitive pay.

Do most doctors become millionaires?

By the time physicians reach their forties, it is very possible to achieve millionaire status, with some physicians even becoming multimillionaires. This trend continues with doctors in their fifties, with 60% of physicians' worth at least $1 million.

What doctor is the easiest to become?

Easiest doctor to become: General practitioner
  • Psychiatry.
  • Physical Medicine/Rehabilitation.
  • Pediatrics.
  • Pathology.
Oct 23, 2023

Where are doctors needed most in the US?

The top 10 states with the highest demand for healthcare professionals in 2022
  • Pennsylvania.
  • Illinois. ...
  • Wisconsin. ...
  • Florida. ...
  • Indiana. ...
  • North Carolina. ...
  • Texas. ...
  • Arizona. Nearly three million of Arizona's seven million residents have limited access to primary care doctors, with the biggest shortage in rural areas. ...
Jun 23, 2022

What state has the happiest doctors?

Wisconsin

Wisconsin may very well be a shoo-in for the nickname of “America's Dairyland.” But it's also home to some of the happiest physicians in America. Healthcare providers in the state enjoy the ninth-highest annual wages at $249,490 (narrowly below Montana) and incredibly low malpractice insurance rates.

What state is #1 in healthcare?

Hawaii is the top state for health care in the U.S. It has the best health outcomes in the country, with low preventable death (630 per 100,000 people), diabetes mortality and obesity rates.

What state ranks lowest in healthcare?

Mississippi tops the list of states with the worst healthcare outcomes. The Magnolia State ranked worst in the nation for several outcome-related metrics, including: Infant mortality rate (8.74 deaths per 1,000 live births). Stroke mortality rate (54.80 deaths per 100,000 state residents).

Are doctors paid too much in the US?

A 2011 study in Health Affairs found American doctors, who make an average salary of almost $300,000, are paid around twice as much as doctors in other rich countries. Baker says 'doctors are seriously overpaid' and a big reason is rules that restrict the number of people who can get residencies.

Why do pediatricians make so little?

The pay gap between pediatric and adult medicine physicians is rooted partly in archaic misconceptions and imbalanced insurance payouts, and further influenced by a multitude of other factors. Pediatricians play a critical role in keeping our future generations healthy.

What do the top 1 percent of doctors make?

More than 25 percent of physicians in 2017 earned above $425,000 annually and the top 1 percent of physicians averaged $4 million in annual earnings — 10 times the average annual earnings in the sample and more than twice the average earnings in the top 5 percent.

What is the hardest doctor to become?

The Most Difficult Doctor Degree: Neurosurgery

Here's a breakdown of why neurosurgery is considered the most challenging doctor degree: Lengthy Training: To become a neurosurgeon, you'll need to complete four years of medical school, followed by a seven-year residency.

What doctors make 6 figures?

Top 10 Highest Paid Doctors
SpecialtyIncome
1. Neurosurgery$773,201
2. Thoracic Surgery$684,663
3. Orthopedic Surgery$633,620
4. Plastic Surgery$556,698
6 more rows
Nov 10, 2023

What doctors get paid the most per hour?

What are Top 5 Best Paying Related Doctor Jobs in the U.S.
Job TitleAnnual SalaryHourly Wage
Osteopathic Doctor$376,749$181.13
Ent Doctor$321,958$154.79
Er Doctor$290,916$139.86
Medical Doctor$272,959$131.23
1 more row

Are there billionaire doctors?

Nine physician billionaires made Forbes' 37th annual list of the world's richest people in 2023. Here are the nine physician billionaires in the U.S., listed according to their rank.

How many US doctors are millionaires?

In order to qualify as a millionaire, you must have assets worth $1 million or more. The 2021 physician wealth report showed that 56% of physicians reported a net worth of over $1 million. The majority of family physicians become millionaires by the age of 55 — only 11% had a $1 million net worth before 45.

Who is the youngest richest doctor in the world?

Ludwig Theodor Braun, 33, is the world's youngest billionaire who earned his fortune in healthcare, according to Forbes' live net worth tracker. Mr. Braun, who has a real-time net worth of $1 billion, owns 10 percent of the medical device company B.

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