This Map Shows the Highest-Paying Company in Every State

This Map Shows the Highest-Paying Company in Every State 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 in annual government filings by publicly traded companies. Who is the best-paying employer in your state? One Pennsylvania-based company â€" Madrigal Pharmaceuticals â€" 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 that public companies disclose pay ratios between CEOs and their employees â€" 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 â€" the midpoint on a company’s payroll â€" 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. Many of which have a science-based background. There are exceptions, though. SAGE Therapeutics â€" a biopharmaceutical company, based in Massachusetts, that develops drugs for central nervous system disorders â€" pays its 637 workers a median salary of $589,166. Textron â€" headquartered in Rhode Island and maker of Arctic Cat snowmobiles, Bell helicopters, and other aircraft â€" 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