superunknown23
Superstar
Richest states
The District of Columbia and New Jersey were tied for first place in the 2014 richest state rankings. DC was 6th in income and first in GDP and taxes paid per capita. New Jersey was 3rd in income, 9th in GDP and 5th in taxes paid. Connecticut and Maryland were tied for third place on richest states list. Connecticut was 5th in income, 5th in GDP and 4th in taxes paid. Maryland was 1st in income, 11th in GDP and 14th in taxes paid.
Poorest states
Mississippi was hands down the poorest state in 2014. The Magnolia State came in a rock-bottom 51st in all categories. West Virginia was the second poorest state at 50th on the list. The Mountain State was ranked 49th in income, 48th in GDP and 50th in taxes paid. Alabama was ranked 49th on the list; 48th in come, 47th in GDP and 47th in taxes paid.
The District of Columbia and New Jersey were tied for first place in the 2014 richest state rankings. DC was 6th in income and first in GDP and taxes paid per capita. New Jersey was 3rd in income, 9th in GDP and 5th in taxes paid. Connecticut and Maryland were tied for third place on richest states list. Connecticut was 5th in income, 5th in GDP and 4th in taxes paid. Maryland was 1st in income, 11th in GDP and 14th in taxes paid.
Poorest states
Mississippi was hands down the poorest state in 2014. The Magnolia State came in a rock-bottom 51st in all categories. West Virginia was the second poorest state at 50th on the list. The Mountain State was ranked 49th in income, 48th in GDP and 50th in taxes paid. Alabama was ranked 49th on the list; 48th in come, 47th in GDP and 47th in taxes paid.
http://wallethub.com/edu/richest-and-poorest-states/7392/The five wealthiest states in the U.S. are:
Things don’t look nearly as rosy in the South, home to the five poorest states in America.
- Maryland. Maryland’s median household income of $72,483 was more than $20,000 above the national median income. The Free State also has the third lowest poverty rate in the country at just more than 10 percent.
- Alaska. Alaskans enjoy a high median household income of $72,237, and just 9 percent of its residents live in poverty, the second lowest in the nation.
- New Jersey. A median household income of $70,165, plus “nearly 10 percent of households had incomes of $200,000 or more, the highest rate in the country,” helped push New Jersey to the third wealthiest state in the U.S., 24/7 Wall St. said.
- Hawaii. “In addition to paradisal scenery and tropical weather, Hawaii residents are also among the nation’s wealthiest,” 24/7 Wall St. said. Hawaiians enjoy a median household income of $68,020.
- Connecticut. It’s described as one of the richest and most unequal states. “A typical household earned roughly $67,000 last year and nearly 1 in 10 earned more than $200,000 in 2013, second only to New Jersey,” 24/7 Wall St. said.
- Mississippi. Mississippi has the lowest median household income at $37,963 and the highest percentage (24 percent) of people living below the poverty line. At $72,483, Maryland’s median household income is nearly double that of Mississippi.
- Arkansas. With a median household income of $40,511, weak job market, high poverty rate and low real estate values, Arkansas is the second poorest state in the U.S.
- West Virginia. The median household income is $41,253, which likely affects the housing market in West Virginia. “The median home value was only $103,200 in 2013, lower than all but one other state,” 24/7 Wall St. said.
- Alabama. The Cotton State has a median household income of $42,849, and nearly 19 percent of residents live below the poverty line.
- Kentucky. The median income in the Bluegrass State was just $43,399 last year, compared with the national median of $52,250. Kentucky also has low home values, high unemployment and a high poverty rate.
Last edited: