Top 10 US States – The Top 10 richest states in America (USA)

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Top 10 US States

The top 10 US StatesTop 10 richest states in America (USA)

The top 10 richest states in America are based on average annual household income, according to The Richest:

The top 10 US States – Top 10 richest states in America (USA)

 

  1. Washington

On average, each household in Washington state has an annual income of $70,979. Another factor contributing to the state’s wealth is the median home value of $339,000 per unit, the fifth highest in the nation.

Top 10 US States

Even so, Washington has an unemployment rate of 4.8%, higher than the national average of 4.4%.

The state has plenty of beautiful scenery and vibrant cities like Seattle, but it’s clearly not an affordable place to live.

 

  1. Virginia

Top 10 US States

The median annual household income in Virginia is $71,535. The unemployment rate in the state is 3.8%, well below the national average. In addition, Virginia is also the state with the highest percentage of adults holding a bachelor’s degree in the US.

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  1. California

It’s no surprise that California – a large state with many famous cities – is on this list. As the state with the most expensive addresses in the US such as San Francisco, Beverly Hills and Malibu, California has many high-paying jobs. That’s why the median household income in this state is $71,805 per year.

Top 10 US States

However, the unemployment rate in California is 4.8%, which is higher than the national rate. The proportion of people living below the poverty line in this state also reached 13.3%, reflecting the large rich-poor divide.

 

  1. Alaska

Thinking of Alaska, many people often picture a remote, mostly rural state. But in reality, the median household income in the state is $73,181 per year. Oil income and tourism bring wealth to Alaska.

Top 10 US States

Even so, the unemployment rate in Alaska is quite high, up to 7.2%.

 

  1. New Hampshire

Not only does New Hampshire have a median household income of $73,381 per year, New Hampshire also has one of the lowest unemployment rates in the US, at only 2.7%.

Top 10 US States

This means that most people in New Hampshire have economic security. Although not a large state, this state has a developed health and tourism industry, thereby helping to create many stable jobs for people.

 

  1. Connecticut

The median household income in Connecticut is $74,168 per year. In addition, only 9.6% of the state’s population lives below the poverty line, one of the lowest rates in the US.

Top 10 US States

Connecticut is also the state with the second highest percentage of households owning more than $1 million in assets in the US. However, the state’s unemployment rate is 4.7%, well above the national average.

 

  1. Massachusetts

Massachusetts’ wealth is reflected in a median household income of $77,385 a year, an unemployment rate of just 3.7%, and the nation’s highest percentage of adults with a bachelor’s degree.

This is not surprising, because Massachusetts is home to some of America’s most prestigious universities such as MIT and Harvard.

 

  1. Hawaii

The flourishing tourism industry is a factor that brings jobs and wealth to Hawaiians. The average annual household income in this state is $77,765. The unemployment rate in Hawaii is very low, only 2.4%.

In addition, the median home value in the state is $617,400, higher than any other state in the United States.

See more: The top 10 USA cities by population

  1. New Jersey

Referring to New Jersey, people often think of the magnificent New York City with its rich residents. However, the wealth of New Jersey is not concentrated in New York but is reflected throughout the state. The state’s median household income is $80,088 per year.

13% of households in the state earn more than $200,000 a year.

 

  1. Maryland

Maryland, the state closest to Washington DC, is the richest state in the US. The median household income in this state is $80,776 per year. This wealth is owed to a large proportion of Maryland’s population with high-paying jobs in Washington DC.

The top 10 US States – Top 10 richest states in America (USA)

 

 

 

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