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This is a list of U.S. states, territories, and Washington, D.C. by income. Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa , Guam , the Northern Mariana Islands and the U.S. Virgin Islands , for which the data comes from 2010, as ACS does not operate in these areas.
The difference in housing costs from state to state is especially important. The Bureau of Economic Analysis has calculated that the regional price parity of U.S. states ranges from 84.4 in Mississippi (the cheapest state in which to live) to Hawaii at 119.3 (the most expensive state).
States and territories are sorted by the share of the lowest quintile in aggregate household income, i.e. the share of household income of 20% of the poorest households in the total household income. Due to different methodologies by which the United States Census Bureau and the EPI have calculated their results, the data should not be compared.
Riverton, Wyoming. Population: 10,733 Median Household Income: $50,861 Percentage of Population Below Poverty Level: 14.48% per capita income: $25,653. Methodology: To find the poorest big cities ...
Such fluctuations may change a country's ranking from one year to the next, even though they often make little or no difference in the standard of living of its population. [2] Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.017 trillion, as compared to $25.744 trillion in 2022.
When looking at how "rich" a state is, economists look at something known as gross domestic product, or GDP. It's one of those terms you may only vaguely remember learning about in high school ...
There is no shortage of states in the U.S. that tout costs of living that are higher than the national average. Discover More: Cheapest Places To Buy a Home in Every State Read Next: Become a Real ...
The states and territories included in the United States Census Bureau's statistics for the United States population, ethnicity, and most other categories include the 50 states and Washington, D.C. Separate statistics are maintained for the five permanently inhabited territories of the United States: Puerto Rico, Guam, the U.S. Virgin Islands ...