Which are the states where doctors make the most money? Doctors, even the ordinary GPs make money. We already know that the medical profession can make you rich. It is only fair considering how much money, time, and effort doctors invest during their training, and how hard they work in their professions. Almost all doctors are well-to-do, even the poorest of them. And so they should be. After all, they can save lives!
When someone chooses to work in the medical profession, there are a large number of choices. Doctors can set up their own clinical practices or work in a hospital. They can specialize in a variety of different fields or work as a general physician. All these factors affect their earning potential. But there are also certain states where doctors can earn more than in others. In the US, the states where doctors make the most money include Alaska, Iowa, and Kansas.
Despite its cold climate, Alaska is a wonderful place for doctors to work in. The average annual salary for a doctor in this state is $235,600 – certainly not peanuts! Alaska has an excellent quality of life and lovely landscapes. The state also lacks sales tax, which means you can keep a lot of what you earn! Iowa is also a great place for doctors to work. With average annual earnings of $234,600, it is second in our list of best places for doctors. The cost of living is low as well, which makes the standard of living in Iowa quite high. The state is known for its rolling cornfields and magnificent architecture. Kansas has a lower annual pay for doctors at $228,590, which in itself isn’t bad. But to balance, this is the fact that the cost of living in the state is really low. The state is proud of its pioneer history and also has quite a few national parks and historical sites. Just the place for someone who is interested in history, culture, and nature!
Consult our list for more on the best states for doctors. For the purpose of creating this list, the sources listed by the US Bureau of Labor Statistics and Medical Economics were used and the ranking is based on the annual earnings for doctors on each state. If you are a doctor and open to relocating, then take a look at our list.