According to a recent article posted in WalletHub, South Dakota is 2025’s third best state for doctors. Click here to view the full article.
South Dakota ranks as the third-best state for doctors, in part because physicians have one of the highest starting salaries in the country, at $5,330 per month. The state ranks particularly high when it comes to the yearly salaries for psychiatrists ($273,000) and general internal medicine physicians ($318,000).
In addition, the article stated that in South Dakota doctors pay less for malpractice insurance premiums than people in most other states. South Dakota also ranks well in the number of physician assistants per 1,000 residents, and has around 8.5 hospitals for every 100,000 residents, which is one of the highest numbers in the country.
Methodology used for ranking:
In order to identify the best states for doctors, WalletHub compared the 50 states and the District of Columbia across two key dimensions, “Opportunity & Competition” and “Medical Environment.”
- South Dakota’s total score 62.77
- South Dakotas Opportunity & Competition Ranking 3
- South Dakotas Medical Environment Ranking 3
