Physician pay in the best states to be a high earner

Alaska is the best state to be a high-income earner, according to a Feb. 29 report from WalletHub.

The financial services website determined the best states to be taxed according to one's income group by developing estimates of the state-specific tax burden on residents at three income levels. WalletHub used data from the Institute on Taxation and Economic Policy's 2024 report.

Here is the average annual compensation for family physicians in the 10 best states to be a high-income earner, according to data from the Bureau of Labor Statistics:

1. Alaska: $297,870
2. New Hampshire: $251,540
3. North Dakota: N/A
4. Wyoming: $295,570
5. Florida: $217,820
6. South Dakota: $242,880
7. Nevada: $257,210
8. Tennessee: $258,530
9. Montana: $209,330
10. Texas: $211,940