According to 24/7 WallSt New Jersey is the Third Richest State in the country. The rankings are based on a combination of Median income, Poverty rate and Unemployment. This is consistent with our ranking in the World Almanac where we routinely have the third highest per-capita income in the country as well. This is usually a result of having the bulk of New York City commuters living here in New Jersey. The poorest states are clustered in the South, while the richest states are mainly in the Northeast.
Here are the lists of the 5 Richest and 5 Poorest States and some Stats:
Here are the nation’s richest states, as analyzed by 24/7 Wall St.:
New Hampshire
Median income: $66,303
Poverty rate: 7.1% (the lowest)
Unemployment: 5.2% (4th lowest)
Connecticut
Median income: $65,958
Poverty rate: 8.3% (2nd lowest)
Unemployment: 9.1% (19th highest)
New Jersey
Median income: $65,173
Poverty rate: 9.8% (7th lowest)
Unemployment: 9.5% (14th highest)
Maryland
Median income: $64,596
Poverty rate: 9.7% (6th lowest)
Unemployment: 7.2% (14th lowest)
Alaska
Median income: $61,872
Poverty rate: 10.8% (13th lowest)
Unemployment: 7.7% (20th lowest)
And here are the nation’s poorest states:
Mississippi
Median income: $36,850
Poverty rate: 21.3% (the highest)
Unemployment rate: 10.4% (7th highest)
Arkansas
Median income: $38,600
Poverty rate: 16.5% (8th highest)
Unemployment rate: 8.2% (25th highest)
Tennessee
Median income: $40,026
Poverty rate: 16.1% (11th highest)
Unemployment rate: 9.8% (11th highest)
West Virginia
Median income: $40,824
Poverty rate: 15.7% (12th highest)
Unemployment rate: 8.1% (tied for 24th lowest)
Louisiana
Median income: $41,896
Poverty rate: 18% (4th highest)
Unemployment rate: 7.6% (17th lowest)
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