A good doctor can be your best friend when you are ill and want to get better. Most of us would agree that the best doctors are worth their weight in gold.
That’s even more true during a pandemic, when doctors literally stand between life and death.
And in some states, the earnings of a general internal medicine physician glitter more than in other locations.
Such doctors in South Dakota lead the gold rush, making an average of $281,590 per year, according to data from the federal Bureau of Labor Statistics.
Meanwhile, at the other end of the spectrum, Georgia’s internal medicine physicians make a relatively paltry average of $95,690 — the lowest state average in the nation.
The national average annual wage for internal medicine doctors, or internists, is $201,440. That’s more than double the national average for nurse practitioners — $77,460 — as we recently reported in “How Much Nurses Make in Every State.”
Here is what the average internal medicine doctor makes in each state and the District of Columbia:
- South Dakota: $281,590
- New Mexico: $280,620
- Wyoming: $273,570
- North Dakota: $266,540
- Indiana: $257,270
- North Carolina: $256,000
- Nevada: $253,920
- Wisconsin: $253,900
- Nebraska: $249,510
- South Carolina: $248,760
- Minnesota: $242,390
- New Hampshire: $241,240
- Maine: $239,460
- Oregon: $237,910
- Hawaii: $235,770
- Virginia: $234,220
- Massachusetts: $232,970
- Utah: $230,170
- Alaska: $230,160
- Pennsylvania: $227,650
- Washington: $224,940
- New Jersey: $220,790
- Mississippi: $218,830
- Arizona: $218,630
- Iowa: $216,910
- Missouri: $216,350
- Alabama: $213,790
- California: $212,510
- Illinois: $211,950
- Kansas: $211,770
- Kentucky: $209,700
- Delaware: $208,750
- Vermont: $207,920
- Connecticut: $206,200
- Florida: $204,690
- Maryland: $203,270
- Montana: $202,100
- Tennessee: $199,720
- Ohio: $196,860
- Colorado: $195,190
- Oklahoma: $190,030
- Louisiana: $188,650
- New York: $188,370
- Idaho: $173,190
- Rhode Island: $171,280
- Michigan: $171,210
- District of Columbia: $165,080
- Texas: $160,180
- Arkansas: $146,900
- West Virginia: $146,840
- Georgia: $95,690
Few of us would be surprised to see doctors pulling in such hefty incomes. As the Bureau of Labor Statistics notes, doctors and surgeons face daunting education and training requirements.
Typically, they start with a bachelor’s degree, then earn a degree from a medical school before spending three to seven years in internship and residency training programs. That can amount to anywhere from 11 to 15 years of education.
Wages for physicians and surgeons are among the highest of all occupations, the BLS notes. And the career path also offers long-term job security. It is expected to grow 7% between 2018 and 2028, faster than the average for all occupations.
Following a doctor’s advice not only can save your life, but it also protects your pocketbook. For learn more, check out “How Following Your Doctor’s Advice Can Save You $89,000.”
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