A few things will always hold true regarding physician pay: Six-figure salaries mask the fact that the average physician enters the workforce with six-figure debt. Specialists make more than primary care doctors. And pay can be unsteady, with overall compensation dipping from year to year in some specialties. Even with those caveats, physicians remain well-compensated. Although depending on where you live, the average compensation for a physician can swing dramatically. Insidermonkey experts made a list of 11 highest paying states for family physicians.
Adding to the disparities, many of the highest-paying states for physicians also have relatively low costs of living. Each year Medscape releases a report on physician compensation, offering a snapshot of how physician pay has changed from year to year. This year’s report found the average specialist nationwide makes $284,000 per year. The average primary care doctor makes $195,000. Physicians in the Northwest tend to make the most ($288,000 on average). Doctors in the high-cost Northeast make the least ($253,000). You can also read our article on the 11 highest paying states for anesthesiologists!
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