The United States is a nation of diverse people and cultures, which is reflected in the variety of political parties. What are the most prosperous states in America today?
The best-run states by political party is a list of the most prosperous states in America. The list includes the top 10 and the bottom 10.
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Welcome to the most prosperous states in America today, sorted by political party!
If you’re looking for a state with a thriving economy and an abundance of opportunity, look no further than the Republican-led states. These are the most prosperous states in America today, according to various economic indicators.
Take a look below and see which GOP-led state is leading the pack.
The Top 10 Most Prosperous States in the USA
1. Massachusetts: With a GDP of $596 billion, Massachusetts is the wealthiest state in the United States. The Bay State is home to numerous major corporations, including Boston Scientific, Raytheon, and MassMutual. It also has a highly educated workforce, with nearly half of residents holding a bachelor’s degree or higher.
2. New York: The Empire State has a GDP of $505 billion, making it the second-wealthiest state in America. New York City is the financial capital of the world and home to many major banks and financial institutions. The state also has a strong manufacturing sector, which includes companies like Corning and General Electric.
3. California: The Golden State has a GDP of $3 trillion, making it the third-wealthiest state in America. California’s economy is driven by Silicon Valley, Hollywood, and agriculture. The state is also home to many major corporations, including Apple, Google, and Facebook.
4. Texas: With a GDP of $1 trillion, Texas is the fourth-wealthiest state in America. The Lone Star State’s economy is driven by oil production, agriculture, and technology. Major corporations headquartered in Texas include ExxonMobil, AT&T ,and Dell Technologies .
5 Florida: The Sunshine State has a GDP of $903 billion , making it the fifth – wealthiest state in America . Florida ‘s economy is primarily driven by tourism , agriculture , and international trade . Major corporations headquartered in Florida include Walt Disney World , Publix Super Markets , and Carnival Cruise Lines .
6 Illinois :The Prairie State has aGDPof$865 billion ,makingithestateinthe country . Illinois’ s largest city , Chicago ,isasignificantfinancial centerinthe United States . Other important industries inthestate include manufacturing livestock production grain farming and mining . 7 Pennsylvania :WithaGDPof$862billion Pennsylvania ranks as theseventh-wealthieststateinAmerica .The KeystoneStatehasalargevarietyofindustries includingfinance insurance real estate food processing manufacturing andagriculture 8 Ohio :The BuckeyeStatehasaGDPof$796billion placingithalfway uponthelistoftheworld ‘ s richeststates 9 Virginia :Riches aboundinthisfamousstatewithaGDPof$785billion 10 Michigan :ThisMidwestern statemaybesurprisingtosee onthis listbutitsGDPisactuallyquitehighat$784billion
The 10 Richest States in America Ranked
3. New York
10. North Carolina
The 10 Most Developed States in the USA
The United States is a country of many contrasts. Some states are wealthy and developed while others are poorer and less developed. So, which states are the most developed in the USA?
To answer this question, we looked at a variety of factors including per capita income, life expectancy, poverty rate, educational attainment, and more. Based on our findings, these are the 10 most developed states in the USA:
1. Massachusetts: With a per capita income of $70,628 and a life expectancy of 80.2 years, Massachusetts is the richest and healthiest state in the nation. It also has one of the lowest poverty rates at just 9%.
2. Connecticut: Another wealthy New England state, Connecticut has a per capita income of $67,094 and a life expectancy of 79.8 years. Its poverty rate is slightly higher than Massachusetts at 10%, but it still ranks as one of the wealthiest states in America.
3. Minnesota: This Midwestern state boasts a strong economy with a per capita income of $62,960 and an unemployment rate of just 3%. Minnesotans also have relatively long lifespans (78.9 years) and low rates of crime and obesity.
4. New Hampshire: Like its neighboring states, New Hampshire is prosperous with a per capita income over $60k (ufffd44k). It also has very low crime rates and high educational attainment levels ufffd nearly 90% of residents have completed high school or above!
5.. Vermont: Rounding out the top 5 is another Northeastern state ufffd Vermont! This small state has a lot to offer its residents including stunning scenery (it’s home to part of the Appalachian Trail), low crime rates…and free healthcare! In fact, all Vermonters have access to government-sponsored health insurance through what’s known as “Draconiancare.”
6.. Maryland: Maryland takes 6th place on our list thanks to its high incomes ($61k/ufffd45k per capita), healthy residents (life expectancy 79 years), and well-educated populace (over 86% have finished high school). The Old Line State also boasts some great colleges like Johns Hopkins University and UMBC..
7.. Hawaii: Most people associate Hawaii with beaches and tropical weather ufffd but it’s also one of the most developed states in America! Thanks to its booming tourism industry (which brings in over $10 billion annually), Hawaii has plenty of jobs for its citizens…and those jobs come with good paychecks ufffd median household incomes here are over $73k (ufffd53k)! Add in great weather year-round and it’s no wonder that Hawaii is such a popular destination for both tourists AND retirees alike..
8.. California: California may be best known for Hollywood celebrities and Silicon Valley tech billionaires…but it’s also home to some pretty regular folks too! In fact,…with a median household income close to $64k (ufffd47k) , Californians are doing pretty well financially.. And they enjoy good weather too ufffd though perhaps not quite as nice as Hawaii’s! But even with all those positives,…California does have one big downside ufffd cost Of living Is extremely high here,. making it difficult For many residents To make ends meet . . . especially if they don’t work In technology Or entertainment ! 9.. Colorado: Colorado comes In 9th place On our list With A solid mix Of wealth And Well – being . The Centennial State Has A respectable Per Capita Income Of over $57K (ufffd41K) , And Its Residents Enjoy A Healthy Life Expectancy Of Nearly 79 Years . Not only That , but Colorado Also Has Some Of The Most Stunning Natural Beauty In The Country , With Rocky Mountains , Deserts , And Forests All Within Its Borders ! 10 .. Nebraska : Last But Not Least Is Nebraska , Which Takes 10th Place On Our List Thanks To Its Strong Economy And Low Cost Of Living . Nebraskans Have A Median Household Income Of Just Over $56K (ufffd40K) , But Despite That They Still Manage To Live Pretty Well Here ; The Poverty Rate Is Only 8 % And The Life Expectancy Is Almost 78 Years !
The 25 Richest States in America
2. New York
10. North Carolina
14 New Jersey 15 Indiana 16 Arizona 17 Tennessee 18 Missouri 19 Maryland 20 Wisconsin 21 Colorado 22 Kentucky 23 South Carolina 24 Nevada 25 Connecticut
The United States is a country with immense wealth and vast resources, but that wealth is not shared equally among the states. Some states are much richer than others, and the difference can be quite dramatic when you compare them side by side. Here are the 25 richest states in America, according to data from the U.S Census Bureau and other sources: 1) California – With a GDP of $3 trillion, California easily tops the list as the richest state in America . The Golden State is home to some of the world’s most valuable companies and industries, including technology, entertainment, agriculture, and tourism . 2) New York – The Empire State comes in at second place with a GDP of $1 . 7 trillion . Like California , it has a diverse economy that includes finance , manufacturing , media , and fashion . 3) Texas – The Lone Star State has a GDP of $1 . 6 trillion thanks to its booming energy sector , thriving tech industry , and robust agriculture . 4) Florida – This southern state has a GDP of $877 billion , making it one fourth on our list . Its main industries include tourism , agriculture , aerospace & defense , information technology , life sciences & healthcare , and logistics & transportation 5) Illinois – Fifth place goes to Illinois with a GDP of $779 billion generated by manufacturing (especially machinery), agriculture, finance & insurance, retail trade, professional services, education & health services 6) Pennsylvania- Pennsylvania comes in at number six with a gross domestic product of $765 billion coming from various sectors such as mining & logging (including coal), steel production manufacturing (food processing & chemicals), information technology (defense electronics), natural gas extraction oil refining ) 7) Ohio- Rounding out the top seven is Ohio with an annual GDP of just over $700 billion dollars 8) Michigan- In eighth place is Michigan whose major contributors to its Gross Domestic Product are automobiles 9 automotive parts ), general motors ), food processing 10 steel production ). 11 Georgia- Next on our list at number nine is Georgia whose main sources 12 North Carolina- Tenth place goes to North Carolina which boasts successful 13 Virginia- Eleventh place belongs to Virginia with an output of around 14 Washington- The twelfth spot on our countdown goes to Washington whose large 15 Massachusetts- Thirteenth wealthiest state is Massachusetts 16 New Jersey- Just edging out seventeenth placed Indiana 17 Arizona- Sixteenth on our ranking 18 Tennessee- Another southern state joins the ranks as Tennessee comes in at nineteen 19 Missouri= Rounding off our top twenty 20 Wisconsin= Coming up next is Wisconsin in twenty first 21 Colorado= Twenty second position goes to Colorado 22 Kentucky= Twenty third on our list 23 South Carolina= In twenty fourth spot we have South Carolina 24 Nevada= And finally in twenty fifth position we have Nevada
The 50 States Ranked Best to Worst
There are a lot of factors that go into ranking the 50 states from best to worst. Some people might focus on quality of life, others on economic indicators, and still others on measures of happiness. Here, we’ve decided to focus on a few key metrics: GDP per capita, median household income, and poverty rate.
GDP per capita is a measure of the value of all goods and services produced in a state divided by the population. It’s a good indicator of the standard of living in a state. Median household income is self-explanatory: it’s the midpoint of all incomes earned by households in a state. And poverty rate is the percentage of people in a state who live below the federal poverty line.
So without further ado, here are the 50 states ranked from best to worst according to our criteria.
2. New Hampshire
9.. California 10.. New Jersey
The Top 10 poorest states in the USA
1. Mississippi: With a median household income of just $37,095, Mississippi is the poorest state in the nation. Nearly one in five residents live in poverty, and the state has the second highest infant mortality rate.
2. Arkansas: Arkansas has a median household income of $38,758 and an poverty rate of 17.2%. The state also has high rates of obesity and food insecurity.
3. Louisiana: Louisiana has a median household income of $39,557 and an poverty rate of 20.8%. The state ranks poorly on measures of health and education, and its economy is still struggling to recover from the damage caused by Hurricane Katrina.
4. New Mexico: New Mexico has a median household income of $41,963 and an poverty rate of 18.6%. The state ranks near the bottom on measures of child well-being, health, and education.
5 . Kentucky: Kentucky has a median household income of $42,166 and an poverty rate of 16.8%. The state’s economy has struggled in recent years, due in part to the declining coal industry.
6 . West Virginia: West Virginia has a median household income of $42,019 and an poverty rate 15 % . Like many other states on this list , West Virginia ‘s economy has been hurt by the decline of the coal industry . In addition , poor health outcomes are common in West Virginia ; it ranks last in terms life expectancy . – See more at : http://www . worldatlas . com / articles / the – top – 10 – poorest – states -in-the-usa#sthash . mYKPxHfN . dpuf
The 10 least developed states in the USA
1. Mississippi: The poorest state in the country with a median household income of just $37,095. The state has the second highest poverty rate in the nation at 19.8 percent.
2. Arkansas: The second poorest state with a median household income of $38,758. Nearly 17 percent of residents live in poverty.
3. Louisiana: The third poorest state with a median household income of $39,537. More than 18 percent of residents live in poverty.
4. Alabama: The fourth poorest state with a median household income of $41,415. More than 17 percent of residents live in poverty here as well.
5 Kentucky: This state has a median household income of $42,019 but also has high rates of poverty and unemployment at 16 percent and 8 percent respectively
6 New Mexico: This southwestern states has a median household income of $43,382 but also has one of the highest poverty rates in the country at 20 percent
7 West Virginia: Often considered to be one of the most economically challenged states, West Virginia has a median household income is just $44,169
8 Tennessee: With a median household income of $44,297, Tennessee is the eighth poorest US state
9 South Carolina: The ninth poorest US state with a median household income is $45,438
10 Oklahoma: Rounding out the top ten is Oklahoma with a medianhouseholdincome$46,562
The 25 poorest states in America
1. Mississippi: With a median household income of just $41,754, Mississippi is the poorest state in the country. Nearly 20% of residents live in poverty, and the state has the third-highest infant mortality rate.
2. Arkansas: Median household income in Arkansas is $44,334, and 19% of residents live in poverty. The state also has high rates of obesity and high school dropouts.
3. Louisiana: Louisiana has a median household income of $46,145 and an poverty rate of 19%. The state also has high rates of crime and violence.
4. West Virginia: West Virginia has a median household income of $46,326 and an poverty rate of 18%. The state also ranks poorly in terms of health care access and quality, as well as education attainment levels.
5. Alabama: Alabama’s median household income is $47,469, with 17% of residents living below the poverty line. The state also has some of the worst health outcomes in the country and ranks poorly on measures of educational attainment levels.
6. Kentucky: Kentucky’s median household income is $48,375 but nearly one-fifthof residents live below the poverty line .The state also ranks near the bottom for health care accessand quality , as well graduation rates . In addition , ithas someofthe highestratesofobesity , heart disease ,and cancer inthe nation .
7 Tennessee : Although it boasts a slightly higher median householdincome at$48,547 ,Tennesseestill suffers froman impoverishedpopulation ; 16 %ofresidentslive belowthepovertyline .Like manyothersouthernstates ,italso rankscheaplyin termsofhealthcareaccessibilityandquality .Whatufffdsmore ,thegraduationratefor publichighschoolstudentsis just67 % ufffd oneofthelowestratesinthecountry . 8 New Mexico : New Mexicoufffdshighpovertyrateof 18 %( witha medianhouseholdincomeof only$48,614 )stems largelyfromits large Native American population ; 27 %ofallNativesinAmericaresideinNewMexico ufffd themajorityonreservations that suffer from extreme poverty conditions . Additionally , New Mexicoufffdshealthcare systemis notoriously inaccessibleand inadequate ; there are only 60 physicians per 100000 people (compared to 240 per 100000 nationally) 9 Oklahoma : Oklahoma ufffdsmediantotalhouseholdincome comesinjustunderNewMexicoufffdsat$ 48 496but itspovertyrateispracticallythesameat17 5 % Likemany other states inthesouth west region Oklahoma suffers fromalarge Native American populationwith 26 3%identifyingas such HoweverunlikeNewMexicotheseNativeAmericans resideoffreservationande njoymuchlowerpovertylevels As farashealthcaregoesOklahomarankspoorlyacrossmostindicators including numberofphysiciansper100 000 people( 158comparedto thenationalaverage240 ) 10 Indiana : Rounding out ourlistisIndianawhosemedianhouseholdincome currentlystandsat$49 275 Slightly morethan16 %oftheresidentslivebelowthepovertyline which isslightlyworse thanthenationalaverage Itisslightlybetterthannationwide whenitcomestohealthcaresystem performancehowevernumbering200 physiciansper100 000people 11 Missouri : Missouri boaststhe11thhighestmedianhousehold incomewith$50 238 butthat doesn’ttranslateto lowpovertyrates Unfortunately17 1%Missouriansstilllivebelowthefederalpovertylevel This statemighthavegoodpublicschoolsystem however with86 2%high schoolgraduation 12 South Carolina : In atnumber12 wehaveSouthCarolinawithamedianhouseholdincomeclockinginat$50 321 Povertyremainsahugeissueformanyresidentswith18 4%livingbelowthefederalpossessionlimit Anotherbigprobleminthestateisthe numberofterriblehabitualoffenders With609 per100 000adults thisstatehasthesecondhighestincarcerationratio 13 Arizona : Although itsexactpositiononthelistvariesyear-to-yearArizona typicallyfindsitselfnear themiddleofthepack Interms offinance Arizonahasa mediantotalhouseholdincomeclockinginat impressive52 065 However despitethisfact 15 8%Arizoniansstilllivebelowthefederalpossibilitylimit 14 North Carolina NorthCarolinacomesnextonourlistwithamedianhome incomewhich standoat52 248 Onceagainthisstatemayhavealot offamilieswhocomfortably abovethefederalpovert threshold butthere’s still15 1 percent 14 Georgia Georgiacomesinhot onNorthCarolinasecondswitha totalmedianhomecompletionthat reach es 52 236 Itmay have lowertaxes thanmoststatesbut thatdoesn’t stop13 7 percentfromstruggling toputfoodonthetable 16 Nevada Despite whatyouthink aboutLasVegasNevadaactuallyhasoneofthehigher totalmedianhome incomesaround at 54 182 That being said there’s still14 6 percent Nevadanswhoareconsideredtobe living underthefederalsubsistenceguidelines 17 Virginia Itshouldn’tbeashocktolearnthatVirginiahasoneofthe highertotalmedianhome incomesatthey comeinarankingat54 435 Unfortunately though not everyone sharesinthewineandcheese because 12 5 percentareclassedaspoor 18 Maryland Next up we have Marylandwhose totalmedian home incomingsitscomfortablyabovethenationalaverageat 55 124 Even so 11 9 percent still struggleby liv ing under thenormative federalplightmeasurement What putsthis statetowardsthetop endthoughismostlyduetothe fact thatjobs tendtobe moreabundantly available here than averagePlus theypay better too 19 Colorado In atnumber19wehaveColorado whose55 297 totalmean home incomemakesthemoverachievers intermsoffamilialbreadwinning But don’tletthatfigureswayyou too muchbecause 14 0 percentColoradansstillcan’t seemtocatchafullbreak 20 Hawaii Hawaii rounds out ourtop20with their56 555 total mean home earning capacity Even paradise isn’t perfect however as evidenced by their 12 2percent who remain miredinfederal destitution 21 Illinois Up next 22 Texas And finally 23 Washington D C 24 Massachusetts 25 Connecticut
The “richest u.s. states by gdp” is a list of the richest US States sorted by political party. The table lists the top 10 states with their GDP and population in 2014.
Frequently Asked Questions
Which state in United States is the richest?
Even though the typical property value in Maryland is lower than in many other parts of the country, the Old Line State has the highest median household income in the nation, making it the wealthiest state in the union for 2022.
What state in the US has the most democrats?
With 56 percent of citizens identifying as Democrats as of 2018, compared to just 27 percent of residents who did the same for Republicans, Massachusetts was the most Democratic state.
Which state is run the best?
Utah is rated as the nation’s best-run state for the second consecutive year. Only 12 states in the whole country have a pristine triple-A rating with a steady outlook, including this one.
Which state has the most efficient government?
The best state for financial stability is Alaska. South Dakota, Tennessee, Idaho, and Utah make out the top five, in that order. The top 10 Strongest States overall include half of the 10 states with the best fiscal stability. See the list of the Best States for Fiscal Stability for more information.
What U.S. state is the richest in 2021?
California is the richest US state by GDP. The state with the most population, California, also has the state with the highest GDP, $3,120,386,000. California has the sixth-highest median household income in the United States Texas, at $80,440. a. New York. Florida. Illinois.
Is Texas a red or blue state?
Texas has consistently supported the Republican party since 1980. State winners are shown in bold. The state winner, not the overall winner, is the one who is shaded.
Is Texas a Republican state?
As of 2022, Republicans continue to hold a majority of statewide offices in Texas, which also has two Republican senators serving in the US Congress, majorities of Republicans in the State House and Senate, an entirely Republican Texas Supreme Court, and Republican majorities in the State House and State Senate.
Which country is the most progressive?
What’s the worst state to live in?
It just takes one hit. Arizona tops the list of the worst states to reside in. The full list of the 10 worst states to live in is as follows: Arizona. Texas. Oklahoma. Southern Carolina. Missouri. Louisiana. North Mexico. Indiana
What state has the fastest growing economy?
The states with the fastest-growing economies are shown below. Updated states include Tennessee, Utah, Indiana, and Utah. Updates to South Carolina, Arkansas, New Hampshire, Kentucky, and Maine have all been made.