|Articles|May 26, 2016
States where ODs make bank in 2016
Where you live can play a big role in how much cash you’re bringing home. Not only does your state affect your scope of practice, it affects your bottom line.
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Where you live can play a big role in how much cash you’re bringing home. Not only does your state affect your scope of practice, it affects your bottom line.
The Bureau of Labor Statistics (BLS) recently released the
Is your state making bank or going broke?
(Want to see how each state stacks up compared to last year?
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Where ODs make bank
5. Maryland
Maryland bumped last year’s fifth-highest earning state, North Dakota, clear off the list. Maryland ODs are bringing in an hourly mean wage of $63.90 for an annual mean wage of $132,920.
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4. Oklahoma
Oklahoma slipped in this year’s rankings after a $10,000 drop in annual mean wage over last year. In 2015, optometrists in Oklahoma were earning an annual mean wage of $146,330, but this year, that figure dipped to $136,140.
Recent:
3. New Mexico
New Mexico also saw a dip in earnings but still managed to leap frog Oklahoma in the rankings. This year, New Mexico ODs brought in an annual mean wage of $140,940, compared to $142,900 last year-a more manageable decrease than their peers in Oklahoma.
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2. Connecticut
Connecticut is holding firm in the runner-up spot, but this state also managed to see a significant jump in earnings. Last year, the state had an annual mean wage of $169,380. Now, Connecticut ODs are raking in $180,160, bringing them within spitting distance of the number-one spot.
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1. Alaska
Yet again, Alaska is the top-paying state for optometrists. ODs in this state earn an hourly mean wage of $86.93, adding up to an annual mean wage of $180,810.
Our last list of states where ODs make bank must have convinced quite a few people to make the trip up north. Last year, BLS listed 50 ODs living in Alaska, but this year, that number grew to 70.
Even with that influx of ODs, the state saw a slight bump in wages compared to last year’s annual mean wage of $178,640.
Related:
Where ODs are going broke
5. Kentucky
Kentucky rounds out the top five lowest-paying states for optometrists, but it is within a few hundred dollars of both the fourth- and third-place states.
This year, Kentucky optometrists earn an annual mean wage of $95,770, up from $88,410 last year when the state ranked as the third lowest-paying states.
Interestingly, Kentucky (home to the new University of Pikeville School of Optometry) is one of the four out of five lowest-paying states that is also home to an optometry school.
Recent news:
4. West Virginia
West Virginia is a newcomer to the lowest-paying states list. Optometrists in West Virginia earn an annual mean wage just $140 less than their peers in Kentucky, coming in at $95,630.
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3. Alabama
Alabama moved up on this list from the fifth spot last year to third this year. Annual mean wages in Alabama increased only marginally from $95,080 to $95,460 this year.
Alabama is the second state on our list that is home to an optometry school-University of Alabama at Birmingham School of Optometry.
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2. Indiana
Indiana, home to Indiana University School of Optometry, has earned itself the runner-up spot in the list of lowest-paying states for ODs. Optometrists in Indiana earn an annual mean wage of $92,940, which is still a very respectable salary by any standard. It is even more admirable when you consider that Indiana ODs earn nearly double what those in the first spot do.
However, technically, Indiana is the lowest-earning state for optometrists because the number one spot isn’t held by an actual state. Click to the next slide to see what we mean.
Recent:
1. Puerto Rico
Puerto Rico has the dubious honor of being the lowest paid state-er, unincorporated territory-for optometrists for the second year in a row, earning an annual mean wage of $47,630. The annual mean wage is up only moderately from last year’s $46,400.
Puerto Rico is also the fourth location on our list that is home to an OD school-Inter-American University of Puerto Rico School of Optometry.
Making matters worse for Puerto Rican ODs,
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