Top 10 Richest US States in 2019

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Top 10 Richest US States in 2019. The Census Bureau’s American Community Survey
(ACS) allows us to rank America’s wealthiest states according to median household income. The results are surprising, with states like
New York falling shy of the top 10 while Alaska makes the top 10. 10. Washington. Washington’s median home value of $339,000
is the fifth highest in the country and more than $120,000 above the U.S. median. However, despite its high median income and
low poverty rate, Washington has one of the higher unemployment rates in the country at
4.8%. The U.S. unemployment rate is 4.4%. 9. Virginia. Virginia adults are among the most likely
in the country to hold at least a bachelor’s degree, making them more qualified for high
paying jobs and increasing their odds of making it into a lucrative industry. Virginia’s unemployment rate puts it below
the national average, and the state has a large number of government employees and contractors,
many of whom commute to Washington D.C. from the northern part of the state. The U.S. Department of Defense is the state’s
largest single employer. Government jobs in northern Virginia, relating
to information technology, are among the highest paid jobs in the state. 8. California. Thanks, in part, to its booming tech economy,
California is one of the wealthiest states in the country. Much of California’s reputation is also
built on the entertainment industry, which is centered around Los Angeles. The abundance of high paying jobs drives up
the median household income in the Golden State, yet the state’s unemployment and
poverty rates are higher than most. 7. Alaska. The oil dividends that all Alaskans receive
don’t hurt (in 2014, it amounted to $1,884 per person), and tourism and fishing also
help drive the economy. Alaska still has one of the highest median
household incomes. However, several key economic indicators paint
a not-so-great picture. The state’s $73,181 median is $4,722 less
than it was the previous year. No other state experienced a drop above $1,300. 6. New Hampshire. Economic security in New Hampshire is among
the highest of any state. Of all the states on our list, New Hampshire
has the lowest percentage of people living below the poverty level and a very low unemployment
rate. Manufacturing, healthcare and tourism are
a few of the Granite State’s leading industries. 5. Connecticut. Connecticut is one of just a handful of states
with a poverty rate under 10%, at 9.6%. Connecticut workers are more likely than those
in almost all other states to work in high paying fields like information and finance. As such, the state has the second highest
percentage of households with investable assets over a million dollars. However, its unemployment rate puts it above
the national average. Workers are less likely to work in lower paying
fields such as agriculture and transportation. 4. Massachusetts. According to the Census Bureau, Massachusetts
has the highest percentage of residents with bachelor’s degrees. Adults with at least a bachelor’s degree
tend to be qualified for a wider range of careers—many of which pay higher salaries. Along with its universities (among the world’s
best), financial services, technology and medicine are strong engines of the state’s
economy. 3. Hawaii. Hawaii households are among the least likely
to be impoverished and workers are the least likely to be unemployed. Barack Obama’s home state can be rather expensive
to live in, but Hawaii’s booming tourist economy has lifted the median household income. Defense is another major industry, with 75,000
U.S. Department of Defense personnel living on the islands. Some 17.3% of workers in the state are involved
in the arts, entertainment, recreation, accommodation, and food service industries, as Hawaii is
a popular vacation spot. Overall, the Hawaiian economy functions much
differently than the other 49 states. Shipping goods to Hawaii is quite expensive,
which makes prices higher for consumers. On the other hand, Hawaii’s median home
value is by far the highest in the country at $617,4000—more than $100,000 higher than
the next highest state. 2. New Jersey. Across the river from New York City, New Jersey
has the highest population density in the country. Biopharmaceuticals, transportation and manufacturing
are leading industries here, and more than a few millionaires commute to Wall Street. A New Jersey household has a better chance
to be wealthy than in any other state, with 13% of New Jersey households earning north
of $200,000. Meanwhile, just one in 10 people in the state
live below the poverty line. Nearly 40% of New Jersey adults hold at least
a bachelor’s degree, making them qualified to work in the high paying, specialized industries
that have located in the state. 1. Maryland. Maryland is tops. The state benefits from its proximity to the
centers of power in Washington. It borders Washington D.C. on three sides,
so it should come as no surprise that more than one in 10 Maryland workers are in the
public administration sector, which includes many lucrative federal government jobs. The National Security Agency (NSA) is the
largest employer of mathematicians in the U.S., and it stands among the top places to
work in Maryland.

30 comments

  1. How about showing states that can balance their budget. And states with low taxes where people can afford to live.

  2. Median income is the criteria, illogical.. California, Texas,New York, Florida, Nevada.. now that's real wealth!

  3. Except for Alaska they’re all blue states, although Alaska does get nice dividend from the oil companies.

  4. I DONT GET THESE LISTINGS .. CALIFORNIA TEXAS AND NEW YORK ARE THE RICHEST STATES in this COUNTRY…maryland cant even be a country on its own🤣

  5. I liked the video so I got a lot of ideas about the United States. There was a lot I could learn from the video. I really like it.

  6. Can you do a video on how every state makes a lot of its money, an how it helps build new technology. From shipping and oil to space! Kinda cool to think of how we all do something different to make America Strong!

  7. Im guessing it’ll be

    Florida
    California
    New York
    Texas
    Georgia
    Alaska
    New hamsphere
    North Carolina
    South Carolina
    Alabama

    And if I got it wrong correct me

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