The best, worst states for physicians to be a high earner

Alaska is the best state to be a high-income earner in, while New York is the worst, according to a Feb. 29 report from WalletHub.

The financial services website determined the best states to be taxed according to one’s income group by developing estimates of the state-specific tax burden on residents at three income levels. WalletHub used data from the Institute on Taxation and Economic Policy's 2024 report

Here are the best and worst states for high-income earners:

Best states:

  1. Alaska
  2. New Hampshire
  3. North Dakota
  4. Wyoming
  5. Florida
  6. South Dakota
  7. Nevada
  8. Tennessee
  9. Montana
  10. Texas

Worst states:

  1. New York
  2. Hawaii
  3. Connecticut
  4. New Jersey
  5. District of Columbia
  6. Maryland
  7. Illinois
  8. California
  9. Kansas
  10. Minnesota

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