---
title: This Map Shows the Highest-Paying Company in Every State Right Now
description: It's not all tech.
authors:
  - name: Olivia Raimonde
    url: https://money.com/author/olivia-raimonde/
    at_money_since: 2019
    articles: 11
    covers:
      - Career Advice
      - Business
      - Economy and Politics
      - Education
      - Lifestyle
      - Personal Finance
      - Retirement
    former_staff: true
published: '2019-08-13T14:12:34.000Z'
modified: '2019-11-14T17:47:08.000Z'
section: Career Advice
tags:
  - Careers
  - Jobs
  - median income
  - salary
  - top-paying jobs
word_count: 887
canonical: https://money.com/highest-paying-company-by-state/
type: Article
source: structured-blocks
---

> **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![190812-Best-Paying-Companies-By-State](https://img.money.com/2019/08/best-paying-company.jpg)

Think joining a tech company is your best route to a top-paying job? In fact, it may depend a lot on where you live.

While a job in software development can easily earn you six-figures, the top paying employer in many states is in the health care sector, according to an analysis of [median pay](https://aflcio.org/paywatch/company-pay-ratios) in annual government filings by publicly traded companies.

Who is the best-paying employer in your state?

<!-- omitted unsupported block: oembed -->

One Pennsylvania-based company — Madrigal Pharmaceuticals — pays its workers a median salary of $804,000. The biopharmaceutical company develops treatment for cardiometabolic and fatty liver disease. In fact, in over a quarter of U.S. states, it's a company in the health care industry that pays its workers the most money.

In 2018, the Securities and Exchange Commission [mandated](https://www.vox.com/policy-and-politics/2018/4/8/17212796/ceo-pay-ratio-corporate-governance-wealth-inequality) that public companies disclose pay ratios between CEOs and their employees — that is, how much money a CEO is pocketing for themselves compared to paying their employees.

The AFL-CIO built a public database using these numbers, with the ability to sort salaries by state and industry. We used this data to examine median pay by state for companies in the Russell 3,000, an index of the 3,000 largest publicly traded companies by stock market value.

Median salary — the midpoint on a company's payroll — can be a better indicator of how well companies pay their employees since the average salary is usually inflated by high pay among top executives.

Of course, median wage can only tell you so much about how generously a particular company pays its workers. Companies with a small number of highly-skilled employees may have higher median-salaries than larger companies with a mix of both highly-skilled and lesser-skilled workers.

Madrigal Pharmaceuticals, for example, employs only 17 people full time, according to their most recent [10-K filing](https://www.sec.gov/Archives/edgar/data/1157601/000104746919000725/a2237824z10-k.htm). Many of which have a science-based background.

There are exceptions, though. SAGE Therapeutics — a biopharmaceutical company, based in Massachusetts, that develops drugs for central nervous system disorders — pays its 637 workers a median salary of $589,166. Textron — headquartered in Rhode Island and maker of Arctic Cat snowmobiles, Bell helicopters, and other aircraft — employs 35,000 people and manages to give out a median salary just under six-figures at $97,580.

## The best paying company in every state:

**Alabama  
**Company: Warrior Met. Coal  
Median Salary: $97,120  
Industry: Energy and Mining

**Alaska  
**Company: Northrim BanCorp  
Median Salary: $64,640  
Industry: Financial Services

**Arizona  
**Company: Accelerate Diagnostics  
Median Salary: $194,343  
Industry: Health Care

**Arkansas  
**Company: Murphy Oil  
Median Salary: $140,965  
Industry: Energy and Mining

**California  
**Company: Corcept Therapeutics  
Median Salary: $681,316  
Industry: Health Care

**Colorado  
**Company: Royal Gold  
Median Salary: $431,560  
Industry: Energy and Mining

**Connecticut  
**Company: Aircastle  
Median Salary: $236,483  
Industry: Industrials

**Delaware  
**Company: Incyte  
Median Salary: $228,006  
Industry: Health Care

**Florida  
**Company: Citrix Systems  
Median Salary: $170,433  
Industry: Technology

**Georgia  
**Company: CatchMark Timber Trust  
Median Salary: $197,679  
Industry: Financial Services

**Hawaii  
**Company: Matson  
Median Salary: $109,743  
Industry: Financial Services

**Idaho  
**Company: IDACORP  
Median Salary: $133,066  
Industry: Energy and Mining

**Illinois  
**Company: Equity Commonwealth  
Median Salary: $261,090  
Industry: Financial Services

**Indiana  
**Company: Assembly Biosciences  
Median Salary: $276,726  
Industry: Health Care

**Iowa  
**Company: Renewable Energy Group  
Median Salary: $93,181  
Industry: Energy and Mining

**Kansas  
**Company: YRC Worldwide  
Median Salary: $84,352  
Industry: Industrials

**Kentucky  
**Company: Humana  
Median Salary: $70,498  
Industry: Health Care

**Louisiana  
**Company: Entergy  
Median Salary: $123,392  
Industry: Energy and Mining

**Maine  
**Company: WEX  
Median Salary: $58,919  
Industry: Technology

**Maryland  
**Company: Hannon Armstrong  
Median Salary: $230,951  
Industry: Financial Services

**Massachusetts  
**Company: SAGE Therapeutics  
Median Salary: $589,166  
Industry: Health Care

**Michigan  
**Company: Esperion Therapeutics  
Median Salary: $601,841  
Industry: Health Care

**Minnesota  
**Company: Piper Jaffray  
Median Salary: $179,011  
Industry: Financial Services

**Mississippi  
**Company: EastGroup Properties  
Median Salary: $89,366  
Industry: Financial Services

**Missouri  
**Company: Peabody Energy  
Median Salary: $139,423  
Industry: Mining and Energy

**Montana  
**Company: Glacier Bancorp  
Median Salary: $49,100  
Industry: Financial Services

**Nebraska  
**Company: TD Ameritrade  
Median Salary: $87,721  
Industry: Financial Services

**Nevada  
**Company: VirnetX  
Median Salary: $447,627  
Industry: Technology

**New Hampshire  
**Company: UNITIL  
Median Salary: $98,518  
Industry: Energy and Mining

**New Jersey  
**Company: Celgene  
Median Salary: $263,237  
Industry: Health Care

**New Mexico  
**Company: PNM Resources  
Median Salary: $108,411  
Industry: Energy and Mining

**New York  
**Company: Ladder Capital  
Median Salary: $365,752  
Industry: Financial Services

**North Carolina  
**Company: BioCryst Pharmaceuticals  
Median Salary: $205,224  
Industry: Health Care

**North Dakota  
**Company: MDU Resources Group  
Median Salary: $77,268  
Industry: Energy and Mining

**Ohio  
**Company: Diamond Hill Investment Group  
Median Salary: $256,300  
Industry: Financial Services

**Oklahoma  
**Company: Laredo Petroleum  
Median Salary: $158,562  
Industry: Energy and Mining

**Oregon  
**Company: Portland General Electric  
Median Salary: $118,209  
Industry: Energy and Mining

**Pennsylvania  
**Company: Madrigal Pharmaceuticals  
Median Salary: $804,000  
Industry: Health Care

**Rhode Island  
**Company: Textron  
Median Salary: $97,580  
Industry: Industrials

**South Carolina  
**Company: Blackbaud  
Median Salary: $90,144  
Industry: Technology

**South Dakota  
**Company: NorthWestern  
Median Salary: $115,264  
Industry: Energy and Mining

**Tennessee  
**Company: National Health Investors  
Median Salary: $209,777  
Industry: Health Care

**Texas  
**Company: Kosmos Energy  
Median Salary: $296,213  
Industry: Energy and Mining

**Utah  
**Company: Franklin Covey  
Median Salary: $89,316  
Industry: Industrials

**Vermont  
**Company: Casella Waste Systems  
Median Salary: $43,248  
Industry: Industrials

**Virginia  
**Company: Arlington Asset Investment  
Median Salary: $461,985  
Industry: Financial Services

**Washington  
**Company: Seattle Genetics  
Median Salary: $198,658  
Industry: Health Care

**West Virginia  
**Company: MVB Financial  
Median Salary: $61,260  
Industry: Financial Services

**Wisconsin  
**Company: Artisan Partners Asset Management  
Median Salary: $201,687  
Industry: Financial Services

**Wyoming  
**No data available

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "@id": "https://money.com/highest-paying-company-by-state/#breadcrumb",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://money.com"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Career Advice",
          "item": "https://money.com/career-advice/"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Salaries and Wages",
          "item": "https://money.com/salaries-and-wages/"
        },
        {
          "@type": "ListItem",
          "position": 4,
          "name": "This Map Shows the Highest-Paying Company in Every State Right Now"
        }
      ]
    },
    {
      "@type": "WebSite",
      "@id": "https://money.com/#website",
      "url": "https://money.com",
      "name": "Money",
      "publisher": {
        "@id": "https://money.com/#organization"
      }
    },
    {
      "@type": "WebPage",
      "@id": "https://money.com/highest-paying-company-by-state/#webpage",
      "url": "https://money.com/highest-paying-company-by-state/",
      "name": "This Map Shows the Highest-Paying Company in Every State Right Now",
      "isPartOf": {
        "@id": "https://money.com/#website"
      },
      "datePublished": "2019-08-13T14:12:34.000Z",
      "mainEntity": {
        "@id": "https://money.com/highest-paying-company-by-state/"
      },
      "inLanguage": "en-US",
      "breadcrumb": {
        "@id": "https://money.com/highest-paying-company-by-state/#breadcrumb"
      },
      "dateModified": "2019-11-14T17:47:08.000Z"
    },
    {
      "@type": "Article",
      "headline": "This Map Shows the Highest-Paying Company in Every State Right Now",
      "articleSection": "Career Advice",
      "image": [
        {
          "@type": "ImageObject",
          "url": "https://img.money.com/2019/08/best-paying-company.jpg",
          "width": 2880,
          "height": 1920,
          "caption": "190812-Best-Paying-Companies-By-State"
        }
      ],
      "author": [
        {
          "@type": "Person",
          "name": "Olivia Raimonde",
          "url": "https://money.com/author/olivia-raimonde/",
          "@id": "https://money.com/author/olivia-raimonde/#author"
        }
      ],
      "publisher": "https://money.com/#organization",
      "datePublished": "2019-08-13T14:12:34.000Z",
      "description": "It's not all tech.",
      "abstract": "It's not all tech.",
      "@id": "https://money.com/highest-paying-company-by-state/",
      "inLanguage": "en-US",
      "dateModified": "2019-11-14T17:47:08.000Z",
      "wordCount": 887,
      "keywords": [
        "Careers",
        "Jobs",
        "median income",
        "salary",
        "top-paying jobs"
      ],
      "about": [
        {
          "@type": "Thing",
          "name": "Career counseling",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Career_counseling"
          ]
        },
        {
          "@type": "Thing",
          "name": "Wages and salaries",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Wages_and_salaries"
          ]
        }
      ]
    }
  ]
}
```