2023’s Best & Worst States for Doctors – WalletHub Study

Staff Report

Tuesday, March 21st, 2023

With National Doctors’ Day coming up on March 30 and the median physician’s salary at around $208,000, the personal-finance website WalletHub today released its report on 2023's Best & Worst States for Doctors, as well as expert commentary.

To identify the best states for those in the business of saving lives, WalletHub compared the 50 states and the District of Columbia across 19 key metrics. The data set ranges from the average annual wage of physicians to hospitals per capita to the quality of the public hospital system.  

Best States for Doctors

Worst States for Doctors

1. Montana

42. Oregon

2. South Dakota

43. Pennsylvania

3. Idaho

44. New York

4. Wisconsin

45. Massachusetts

5. Minnesota

46. New Mexico

6. Louisiana

47. District of Columbia

7. Utah

48. New Jersey

8. Nebraska

49. Alaska

9. Iowa

50. Rhode Island

10. Indiana

51. Hawaii

 
Best vs. Worst:

  • Ohio has the highest average annual wage for surgeons (adjusted for cost of living), $373,762, which is 2.1 times higher than in District of Columbia, the lowest at $181,133.
     
  • Nevada has the lowest number of physicians per 1,000 residents, 0.81, which is 6.1 times lower than in the District of Columbia, the highest at 4.96.
     
  • Florida has the highest projected share of the population aged 65 and older by 2030, 27.08 percent, which is two times higher than in Utah, the lowest at 13.21 percent.
     
  • Nebraska has the lowest annual malpractice liability insurance rate, $4,530, which is 8.1 times lower than in New York, the highest at $36,659.

To view the full report and your state or the District’s rank, please visit: 
https://wallethub.com/edu/best-and-worst-states-for-doctors/11376