What states pay doctors the least? (2024)

What states pay doctors the least?

Maryland physicians earned the lowest salary on average in 2022, according to Medscape's 2023 "Physician Compensation Report." The study surveyed more than 10,000 physicians across 29 specialties.

What's the lowest paying doctor?

Meanwhile, pediatricians had the lowest average annual wage among all specialties at $203,240 followed by family medicine physicians at $224,460. Wages also varied significantly by state, even among the same specialties, USAFacts found.

Which state of US pays most to doctors?

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

Who are the most underpaid doctors?

Pediatrics, family medicine, and primary care do more than other specialties to extend patients' lives and keep them out of the hospital, but they tend to be the lowest-paid specialties in medicine. Medical students know it, and we vote with our feet.

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 easiest doctor to become with high salary?

Are US doctors underpaid?

By accounting for all streams of income, they revealed that doctors make more than anyone thought — and more than any other occupation we've measured. In the prime earning years of 40 to 55, the average physician made $405,000 in 2017 — almost all of it (94 percent) from wages.

What state has the best medical system?

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 city pays doctors the most?

Cities with the largest pay increases in 2022 were led by Oklahoma City, OK (6.3%), followed by Baltimore, MD (4.6%), and Salt Lake City, UT (2.9%). The highest paying city for physicians in 2022 was Charlotte, NC, with an average annual salary of $430,890.

Do most doctors retire rich?

In fact, most physicians can retire at a normal retirement age of 65 with between 2 and 4 million dollars. Of course, there are outliers on both ends. Net worths in excess of 10 million are infrequent but possible for entrepreneurial types and those in very high reimbursem*nt specialties/locations.

What is the richest type of doctor?

What Are the Highest-Paid Doctors in the US? The highest-paid doctors are neurosurgeons who report earning above $780,000 per year on average.

Are most doctors millionaire?

In fact, according to the latest 2022 Medscape report which surveyed 13,000 doctors, the average physician graduated with $203,000 in debt. Only half of physicians reported a net worth of over $1 million, and not until the age of 55.

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).

Which type of doctor is most in demand?

Why are doctors leaving Illinois?

"Many of these new graduates cite Illinois' toxic medical malpractice environment as a major reason," Robertson says. "The Illinois Supreme Court's decision to lift the liability caps seems to send the message that the potential for litigation supersedes the need for residents of Illinois to get needed health care."

What is the least respected medical specialty?

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 is the shortest doctor schooling?

What is the highest-paying job without college?

What's the highest salary in the world?

Why do US doctors make so much?

The U.S. physician shortage has kept salaries higher than in peer countries, The Washington Post reports. U.S. physicians earn an average of $350,000 annually, and as high as $405,000 during their peak earning years of 40 to 55, the National Bureau of Economic Research found, citing data from 2005 to 2017.

Why do doctors make more than nurses?

Doctors usually earn significantly higher salaries than nurse practitioners due to their extensive training and specialized expertise.

Why do US doctors charge so much?

There are many factors that contribute to the high cost of healthcare in the country. These include wasteful systems, rising drug costs, medical professional salaries, profit-driven healthcare centers, the type of medical practices, and health-related pricing.

Which state has free healthcare?

As of my last update, there is no state in the United States that offers free healthcare to all residents. However, some states have implemented programs to expand access to healthcare, such as Medicaid expansion and subsidies for low-income individuals to purchase health insurance.

What is the best state to live in?

Researchers at the personal finance publication ranked the 50 states based on scores in five categories: affordability, economy, education and health, quality of life, and safety. Massachusetts topped 2023's list, scoring 61 out of 100. New Jersey came in second.