What Physicians Earn in the Fastest Growing States

iqoncept/123RF.com

When you’re considering a move, you need to know how earnings in one state compare to the national average. Mean annual wages for popular physician jobs:

• Family and general practitioners- $208,560
• Psychiatrists- $216,090
• OB/GYN- $235,240
• Anesthesiologists- $265,990

If you’re like most Americans, you want to move to a Sun Belt state with warm weather or a western state with spectacular beauty. Some fast-growing states are huge while others have fewer people than Chicago. Per the Bureau of Labor Statistics, here is what physicians earn in the fastest growing states.

Fastest Growing Large States

Of the ten most populous states, Florida is the fastest growing. The U.S. Census reports that Florida had 20 million+ residents as of July 2017, and it is the fifth fastest growing state overall. Beautiful weather and the lack of a state income tax make it an attractive place to live.

Florida physician jobs generally have above average compensation. Family and general practitioners, obstetricians & gynecologists, and anesthesiologists earn more than the mean for their disciplines ($215,000, $249,730, and $271,610, respectively). Florida psychiatrists, however, have earnings below the mean ($202,430).

Texas now has a massive population of over 28 million. It was the 7^th fastest growing state in 2017. There are many physician jobs in Texas because of its massive population growth.

The mean annual wage for Texas physicians in all four categories is lower than the national mean. They earn $204,660 as a family and general practitioners, $209,370 as psychiatrists, $209,580 as ob/gyns, and as $261,670 anesthesiologists.

Rapidly Growing Mid-Sized States

Washington saw its population grow 10% from the beginning of the decade until 2017. That type of population growth means an increase in physician jobs.

Washington family medicine physicians, psychiatrists, and obstetricians and gynecologists all have higher incomes above the national mean. In fact, family physicians in Washington are the fifth best paid in the country. Only anesthesiologists have earnings lower than the mean.

Thanks to 9%+ population growth since 2010, Arizona now has over seven million residents. It was the sixth fastest growing state in 2017. If you want a warm climate, Arizona is a possible destination for you.

Psychiatrists and anesthesiologists earn more than the annual mean there. Family practice and obstetrics & gynecology jobs in Arizona pay less than the mean. In fact, Arizona OB/GYNs make 12% less than the mean annual wage for the United States.

Fastest Growing Small States

Idaho earned the title of fastest growing state for 2017. Its population grew over 2% last year. Nevada and Utah rank as the second and third fastest growing states overall.

There are striking differences in the pay between physician jobs in Idaho. Family practice physicians and obstetricians and gynecologists in Idaho have earnings above the national mean while psychiatrists and anesthesiologists earn less than the mean. In fact, OB/GYNs make $46,470 per year more in Idaho while psychiatrists earn $78,810 less than the annual mean.

Both family practice doctors and psychiatrists in Nevada have a mean salary of less than $200K per year. At $268,920, the average for anesthesiologists in Nevada is slightly higher than the national mean. The Bureau of Labor Statistics had no earnings data for obstetricians and gynecologists in Nevada.

The mean annual income for family and general practitioners in Utah is very close to the national average. However, psychiatrists in Utah earn 32% less than the mean, and anesthesiologists make 11% less than the national mean. Only obstetricians and gynecologists see higher earnings in Utah.