Although most Americans don't make six-figure incomes, many people do and wonder where the best place to live is, which state pays the highest salary for their profession. You may be thinking. Good news. I got that information. GOBankingRates ranked the states with the highest number of six-figure jobs and the highest salaries.
Discover: 22 side hustles that will make you richer than your full-time job.
Find out: How to build savings from scratch
To find out which states have the highest salaries for these jobs, GOBankingRates used National Occupation and Wage Estimates data from the Bureau of Labor Statistics. Arizona ranks first on this list and pays the most for three of these occupations. Alaska, Connecticut, and Indiana each rank No. 1 for salaries for two jobs.
Here are the top 20 jobs and the states with the highest salaries.
See also average salaries for each state.
General Physician: Wisconsin
- National average wage: $225,270
- Average wage in Wisconsin: $347,740
General Internal Medicine physicians in Wisconsin earn more than $100,000 more than the national average salary for their profession. The cost of living in Wisconsin is also 1% lower than the national average, according to RentCafe.
Take our poll: Do you think AI will replace your job?
Airline pilots, co-pilots, and flight engineers: Washington state
- National average wage: $225,740
- Average wage in Washington State: $278,260
Airline pilots, co-pilots and flight engineers may want to land in Washington, Boeing's former headquarters. By working here, they can earn even more in their career. However, the cost of living is significantly higher than the national average, at 15% higher, according to RentCafe.
Dentist: Nevada
- National average wage: $233,430
- Average wage in Nevada: $250,760
Nevada isn't just a great destination for those thinking of vacationing in Las Vegas. It is also a promising place for dentists. They can earn an average of $250,760 per year, which is almost $20,000 more than dentists earn on a national level. According to PayScale, the cost of living in Nevada isn't too bad, only 1% higher than the national average.
Doctor: Indiana
- National average wage: $238,700
- Average wage in Indiana: $330,900
Doctors, come to Indiana. There, you can work for a job that pays almost $100,000 more than the national average wage. You might also be happy to know that the cost of living here is 10% lower than the national average, according to RentCafe.
Chief Executive Officer: New Jersey
- National average wage: $246,440
- Average wage in New Jersey: $414,350
If you bring your entire executive team to New Jersey, they can make more than $150,000 more than they would make in any other state. According to RentCafe, the cost of living in the Garden State is 12% higher than the national average.
Psychiatrist: North Dakota
- National average wage: $247,350
- Average wage in North Dakota: $390,140
According to RentCafe, the cost of living in North Dakota is 3% lower than the national average. Psychiatrists, who already earn far more than in many other states, can enjoy a very luxurious life here.
Pathologist: Minnesota
- National average wage: $252,850
- Average wage in Minnesota: $355,570
Pathologists may want to check out Minnesota if they want to make the most money. According to RentCafe, the cost of living in Minnesota is 2% lower than the national average, so you can save on essential expenses.
Neurologist: Delaware
- National average wage: $255,510
- Average wage in Delaware: $386,390
Delaware clearly values neurologists highly, as their salaries are significantly higher than in many other states. RentCafe says this helps offset the cost of living, which is 6% higher than the national average.
Ophthalmologist (excluding pediatrics): Montana
- National average wage: $265,450
- Average wage in Montana: $409,920
Montana is not a cheap place to live. According to RentCafe, the cost of living is 2% higher than the national average. But if you're an ophthalmologist working with adult patients, you're making so much money here that you probably won't even notice a slight increase in costs.
Obstetrician/Gynecologist: Alaska
- National average wage: $277,320
- Average wage in Alaska: $389,340
Alaska is known for its natural beauty, but it should also be known as a top choice for obstetricians and gynecologists, who can expect high salaries. RentCafe says this generous income will make up for the fact that the cost of living here is 29% higher than the national average.
Anesthesiologist: Colorado
- National average wage: $302,970
- Average wage in Colorado: $422,040
If the anesthesiologist does not already live in Colorado, it would be wise to relocate there. They make $120,000 (39%) more per year than in other states. According to RentCafe, the cost of living in Colorado is 5% higher than the national average.
Oral and Maxillofacial Surgeon: Arizona
- National average wage: $309,410
- Average wage in Arizona: $406,970
According to RentCafe, oral and maxillofacial surgeons in Arizona can earn nearly $100,000 living in Arizona, where the cost of living is 6% higher than the national average.
Emergency Medicine Physician: Alaska
- National average wage: $316,600
- Average wage in Alaska: $382,040
If you're an emergency medicine doctor, Alaska wins again. You can buy it for around $382,040.
Dermatologist: Alabama
- National average wage: $327,650
- Average wage in Alabama: $514,330
Alabama may not seem like a particularly attractive place, but dermatologists earn 57% more than the U.S. average. Additionally, it's a fairly inexpensive state, with a cost of living that's 12% lower than the national average, according to RentCafe.
Radiologist: Connecticut
- National average wage: $329,080
- Average wage in Connecticut: $430,650
Connecticut opens the page for all radiologists who can earn $100,000 more than the national average wage by living here. That said, the state's cost of living is 17% higher than the national average, according to RentCafe.
Surgeon: Delaware
- National average wage: $347,870
- Average wage in Delaware: $534,920
Delaware is once again on the list. Now surgeons are on the list. The cost of living in Delaware is 6% higher than the national average, so you can earn nearly $200,000 (approximately 53%) more per year by living here.
Athletes and athletes: Indiana
- National average wage: $358,080
- Average wage in Indiana: $702,270
Athletes may wish to bring their profession to Indiana. In this state, already highlighted on this list, already exorbitant salaries can effectively double.
Pediatric Surgeon: Arizona
- National average wage: $362,970
- Average wage in Arizona: $430,870
Being a pediatric surgeon is one of the most rewarding jobs, and it pays well in Arizona.
Orthopedic Surgeon: Connecticut
- National average wage: $371,400
- Average wage in Connecticut: $554,520
Hello (again), Connecticut! And we welcome orthopedic surgeons who treat adult patients. You'll pay $554,520 per year. This is approximately 1.5 times the national average.
Cardiologist: Arizona
- National average wage: $421,330
- Average wage in Arizona: $521,690
Once again, Arizona State won. This time, cardiologists will get $521,690 a year, more than $100,000 more than other states pay their most important specialists.
Methodology: GOBankingRates uses National Occupational Wage Estimates data from the Bureau of Labor Statistics to find the top job openings in terms of average annual wage. GOBankingRates then found the states that pay the highest salaries for each of these jobs. All data is collected and current as of June 16, 2023.
GOBankingRates Details
Source link
