What state do doctors make the least?

That state where doctors earn the most is Mississippi, according to an analysis from WalletHub, the personal finance website. The location where doctors earn the least? It's the nation's capital, Washington, D.C., according to the report "2020's Best and Worst States for Doctors."


Which state pays doctors the least?

At the other end of the spectrum, Hawaii, Maryland, California, Massachusetts, and District of Columbia had the lowest average yearly wages for doctors. However, are the states with the highest-paid physicians also the best states to practice medicine?

What are the lowest paid doctors?

The 10 Lowest-Paid Specialties
  • Public Health & Preventive Medicine $243,000.
  • Pediatrics $244,000.
  • Family Medicine $255,000.
  • Diabetes & Endocrinology $257,000.
  • Infectious Disease $260,000.
  • Internal Medicine $264,000.
  • Psychiatry $287,000.
  • Allergy & Immunology $298,000.


What is the lowest salary of a doctor in USA?

The Average Salary of a Doctor in the US
  • The minimum and maximum thresholds vary distinctly, with the lowest being $45,500 and the highest being $359,000. ...
  • The Medscape annual report shows a gradual increase of 4.6% since the 2018's average salary.


Which state in USA pays highest to doctors?

Kentucky and Tennessee have the highest average annual compensation for physicians, according to Medscape's "Physician Compensation Report 2022."


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What doctors make the most and least money?

Here are the top medical specialties, ranked by average income:
  • Plastic Surgery: $576,000.
  • Orthopedics: $557,000.
  • Cardiology: $490,000.
  • Otolaryngology: $469,000.
  • Urology: $461,000.
  • Gastroenterology: $453,000.
  • Dermatology: $438,000.
  • Radiology: $437,000.


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

#1 Idaho Rankings: Cost of living: 28 Physician density: 1 Amount of state business taxes collected: 17 Average malpractice insurance rates: 6 Quality of life: 11 GPCI: 3.

Do doctors live a lavish life?

Doctors are super-rich and enjoy lavish lifestyles

As with other professions, your pay increases with experience. Initially, you have to put in the hard yards. Also, becoming a doctor is not a cakewalk.


What is the easiest state to become a doctor?

The Easiest States to get Medical License
  • New York. Employment, malpractice, privileges, and medical licenses are not verified in New York, making it one of the fastest states to get medical licenses. ...
  • Indiana. ...
  • Michigan. ...
  • Massachusetts. ...
  • Texas. ...
  • New Jersey.


What is the richest doctor type?

The highest-paid doctors in the US are in surgical specialties such as plastic surgery, neurosurgery, or orthopedic surgery and report earning over half a million ($500,000) per year on average.

Are most doctors millionaires?

Millionaire Status

Across the board according to the 2021 physician wealth report, 56% of physicians reported a net worth of over a million. Out of family physicians, the majority become millionaires by the age of 55, with only 11% having a net worth of a million before 45.


What doctors work the least hours?

Of note, allergy and immunology physicians also spend the least amount of time on paperwork and administrative tasks out of any specialty on our list, at just 14.6 hours per week. For perspective, this is a similar amount of time to dermatology, which is known for being one of the best lifestyle specialties.

Are doctors in the US underpaid?

But many other physicians are not as satisfied - a recent study by Medscape revealed that 49% of doctors believe they're not fairly compensated. Of primary care physicians, this percentage increases to 54%. It's no myth that doctors are some of the highest paid professionals in the country.

What jobs pay more than doctors?

Consider these nonmedical jobs that make close to or more than $100,000 a year:
  1. Judge. National average salary: $77,295 per year. ...
  2. Nuclear engineer. National average salary: $81,720 per year. ...
  3. Risk manager. ...
  4. Compensation and benefits manager. ...
  5. Statistician. ...
  6. Finance manager. ...
  7. Front-end developer. ...
  8. Economist.


Where are doctors best paid?

1: Luxembourg

Not only do bankers and accountants make good money, but so do doctors. Doctors earn an average of $357,300 per year, according to the OECD. A general practitioner's salary is $278,900 per year, while a specialist receives $352,300.

Do do doctors make less than MD?

MD and DO physicians make comparable salaries when equivalent on factors like specialty, position, years of experience, and location. However, MD physicians earn higher incomes than DO physicians on average because they: Are more likely to specialize, and specialists typically have higher salaries than generalists.

What is the easiest doctor job?

Least Competitive Medical Specialties
  1. Family Medicine. Average Step 1 Score: 215.5. ...
  2. Psychiatry. Average Step 1 Score: 222.8. ...
  3. Physical Medicine and Rehabilitation. Average Step 1 Score: 224.2. ...
  4. Pediatrics. Average Step 1 Score: 225.4. ...
  5. Pathology. Average Step 1 Score: 225.6. ...
  6. Internal Medicine (Categorical)


Is medical school extremely hard?

While overwhelming at times, the education is rigorous for a reason—it prepares you to become a high-quality physician. But just because medical school is difficult doesn't mean you won't be able to handle it.

Are most doctors in debt?

A career as a physician can be a rewarding profession, but one that's generally mired with student loan debt. The Association of American Medical Colleges (AAMC) reported that the median medical school debt among the Class of 2021 was $200,000, not including their undergraduate debt.

What city do doctors get paid the most?

Average doctor compensation increased 3.8% in 2021, which is up from 1.5% in 2020, according to Doximity's fifth annual Physician Compensation Report.
...
Top-Paying Cities in 2021 for Physicians
  • Minneapolis, MN — $424,059.
  • Milwaukee, WI — $422,735.
  • Phoenix, AZ — $419,359.
  • Dallas, TX — $415,487.
  • Los Angeles, CA — $414,025.


Where is the cheapest place to become a doctor?

This is even more relevant if you are planning to pursue post graduate courses in medicine after your graduation. Countries that offer the most affordable way to become a doctor include Russia and Ukraine.

What state is hardest to get medical license?

But most states have additional licensing requirements that must be met before graduates from medical school can begin practicing. And of the states and commonwealths nationwide, California and Texas have reputations as the toughest for securing medical licensure.

What is the easiest MD degree to get?

A general practice doctor is probably the easiest doctor to become. Even though students must complete four years of medical school and one or two years of a residency, this is the minimum amount of education required for medical doctors.