WalletHub released its list of the best and worst states for physicians based on several metrics, including wages and job opportunities.
For the report, all of the states and Washington, D.C., were rated on 12 metrics sorted into two categories:
- Environment, or risks of the job, such as state medical board penalties, malpractice payouts, and costs of malpractice insurance; and
- Job opportunity and competition.
Data for the report were taken from Citizen.org, Diederich Healthcare, HHS, the Missouri Economic Research & Information Center, the U.S. Bureau of Labor Statistics, and the U.S. Census Bureau.
Based on those categories, WalletHub identified the five best states for doctors as:
- 1. South Carolina
- 2. Minnesota
- 3. Texas
- 4. Mississippi
- 5. Kansas
Meanwhile, the five worst states for doctors were:
- 1. Rhode Island
- 2. New Jersey
- 3. Oregon
- 4. New York
- 5. Maine
View on Advisory.com.