Special Report

America’s Richest and Poorest States

dobok / Getty Images

Median household income in the United States hit an all time high in 2018, according to data from the U.S. Census Bureau’s American Community Survey. The recently-released data shows that the typical American household now has an income of $61,937 a year, up slightly from $61,423 in 2017. Over the same period, the poverty rate nationwide also improved, from 13.4% to 13.1%.

The slight uptick in median household income at the national level does not paint a complete picture, however. Only 14 states reported a statistically significant increase in median household income — and in one state, Maine, the median household income actually declined by a statistically significant amount. For context, there was a statistically significant increase in median household income in nearly half of all states between 2016 and 2017. 

Income levels vary widely across the country. In some states, the majority of households live on less than $50,000 a year. Meanwhile, in a number of other states, most households earn at least $75,000 annually. 24/7 Wall St. reviewed recently released 2018 ACS median household income data identify America’s richest and poorest states. The share of adults 25 and over with a bachelor’s degree and the share of the population living below the poverty line also came from the 2018 ACS. We also reviewed annual average unemployment data from the Bureau of Labor Statistics for 2018 and 2017.

The national increase in median household income is likely partially attributable to the strengthening job market. Nationwide, the unemployment rate fell from 4.4% in 2017 to 3.9% in 2018. The average annual unemployment rate climbed in only three states — Oregon, West Virginia, and Colorado — between 2017 and 2018. While lower-income states do not necessarily have weaker job markets than many of the wealthier states, the availability of jobs can have a considerable impact on median income in a given area. Here is a look at the states where it is hardest to find full-time work.

Educational attainment is one of the strongest predictors of income, as workers with more education are more likely to have high-paying, secure jobs. Nationwide, the typical college graduate earns $54,628 a year, more than double the median earnings of $24,530 for those who did not graduate high school. 

Not surprisingly, the states with the highest median incomes also tend to be home to a larger share of college-educated adults than the nationwide share of 32.6% — and many of the wealthiest states are also among the best educated. Here is a full list of America’s most and least educated states.

Click here to see America’s richest and poorest states

Davel5957 / Getty Images

1. Maryland
> Median household income: $83,242 (2018); $82,747 (2017)
> Bachelor’s degree attainment: 40.8% (2018); 39.7% (2017)
> Poverty rate: 9.0% (2018); 9.3% (2017)
> Unemployment: 3.9% (2018); 4.3% (2017)

See all stories featuring: Maryland

[in-text-ad]

bluebeat76 / Getty Images

2. New Jersey
> Median household income: $81,740 (2018); $81,763 (2017)
> Bachelor’s degree attainment: 40.8% (2018); 39.7% (2017)
> Poverty rate: 9.5% (2018); 10.0% (2017)
> Unemployment: 4.1% (2018); 4.6% (2017)

See all stories featuring: New Jersey

maximkabb / Getty Images

3. Hawaii
> Median household income: $80,212 (2018); $79,648 (2017)
> Bachelor’s degree attainment: 33.5% (2018); 32.9% (2017)
> Poverty rate: 8.8% (2018); 9.5% (2017)
> Unemployment: 2.4% (2018); 2.4% (2017)

See all stories featuring: Hawaii

SeanPavonePhoto / Getty Images

4. Massachusetts
> Median household income: $79,835 (2018); $79,371 (2017)
> Bachelor’s degree attainment: 44.5% (2018); 43.4% (2017)
> Poverty rate: 10.0% (2018); 10.5% (2017)
> Unemployment: 3.3% (2018); 3.8% (2017)

See all stories featuring: Massachusetts

[in-text-ad-2]

DenisTangneyJr / Getty Images

5. Connecticut
> Median household income: $76,348 (2018); $75,947 (2017)
> Bachelor’s degree attainment: 39.6% (2018); 38.7% (2017)
> Poverty rate: 10.4% (2018); 9.6% (2017)
> Unemployment: 4.1% (2018); 4.7% (2017)

See all stories featuring: Connecticut

choness / Getty Images

6. California
> Median household income: $75,277 (2018); $73,513 (2017)
> Bachelor’s degree attainment: 34.2% (2018); 33.6% (2017)
> Poverty rate: 12.8% (2018); 13.3% (2017)
> Unemployment: 4.2% (2018); 4.8% (2017)

See all stories featuring: California

[in-text-ad]

Sean Pavone / Getty Images

7. New Hampshire
> Median household income: $74,991 (2018); $75,051 (2017)
> Bachelor’s degree attainment: 36.8% (2018); 36.9% (2017)
> Poverty rate: 7.6% (2018); 7.7% (2017)
> Unemployment: 2.5% (2018); 2.7% (2017)

See all stories featuring: New Hampshire

AngelSchwai / Getty Images

8. Alaska
> Median household income: $74,346 (2018); $75,092 (2017)
> Bachelor’s degree attainment: 30.2% (2018); 28.8% (2017)
> Poverty rate: 10.9% (2018); 11.1% (2017)
> Unemployment: 6.6% (2018); 7.0% (2017)

See all stories featuring: Alaska
RomanKhomlyak / Getty Images

9. Washington
> Median household income: $74,073 (2018); $72,591 (2017)
> Bachelor’s degree attainment: 36.7% (2018); 35.5% (2017)
> Poverty rate: 10.3% (2018); 11.0% (2017)
> Unemployment: 4.5% (2018); 4.7% (2017)

See all stories featuring: Washington

[in-text-ad-2]

Sean Pavone / Getty Images

10. Virginia
> Median household income: $72,577 (2018); $73,155 (2017)
> Bachelor’s degree attainment: 39.3% (2018); 38.7% (2017)
> Poverty rate: 10.7% (2018); 10.6% (2017)
> Unemployment: 3.0% (2018); 3.7% (2017)

See all stories featuring: Virginia

juliannafunk / Getty Images

11. Colorado
> Median household income: $71,953 (2018); $70,676 (2017)
> Bachelor’s degree attainment: 41.7% (2018); 41.2% (2017)
> Poverty rate: 9.6% (2018); 10.3% (2017)
> Unemployment: 3.3% (2018); 2.7% (2017)

See all stories featuring: Colorado

[in-text-ad]

Adventure_Photo / Getty Images

12. Utah
> Median household income: $71,414 (2018); $69,917 (2017)
> Bachelor’s degree attainment: 34.9% (2018); 34.6% (2017)
> Poverty rate: 9.0% (2018); 9.7% (2017)
> Unemployment: 3.1% (2018); 3.3% (2017)

See all stories featuring: Utah

Scruggelgreen / Getty Images

13. Minnesota
> Median household income: $70,315 (2018); $70,049 (2017)
> Bachelor’s degree attainment: 36.7% (2018); 36.1% (2017)
> Poverty rate: 9.6% (2018); 9.5% (2017)
> Unemployment: 2.9% (2018); 3.4% (2017)

See all stories featuring: Minnesota

Ultima_Gaina / Getty Images

14. New York
> Median household income: $67,844 (2018); $66,201 (2017)
> Bachelor’s degree attainment: 37.2% (2018); 36.0% (2017)
> Poverty rate: 13.6% (2018); 14.1% (2017)
> Unemployment: 4.1% (2018); 4.7% (2017)

See all stories featuring: New York

[in-text-ad-2]

RudyBalasko / Getty Images

15. Illinois
> Median household income: $65,030 (2018); $64,493 (2017)
> Bachelor’s degree attainment: 35.1% (2018); 34.4% (2017)
> Poverty rate: 12.1% (2018); 12.6% (2017)
> Unemployment: 4.3% (2018); 4.9% (2017)

See all stories featuring: Illinois

mdgmorris / Getty Images

16. Delaware
> Median household income: $64,805 (2018); N/A (2017)
> Bachelor’s degree attainment: 31.3% (2018); 31.5% (2017)
> Poverty rate: 12.5% (2018); N/A (2017)
> Unemployment: 3.8% (2018); 4.5% (2017)

See all stories featuring: Delaware

[in-text-ad]

SeanPavonePhoto / Getty Images

17. Rhode Island
> Median household income: $64,340 (2018); $65,366 (2017)
> Bachelor’s degree attainment: 34.4% (2018); 33.5% (2017)
> Poverty rate: 12.9% (2018); 11.6% (2017)
> Unemployment: 4.1% (2018); 4.4% (2017)

See all stories featuring: Rhode Island

csfotoimages / Getty Images

18. North Dakota
> Median household income: $63,837 (2018); $63,245 (2017)
> Bachelor’s degree attainment: 29.7% (2018); 30.7% (2017)
> Poverty rate: 10.7% (2018); 10.3% (2017)
> Unemployment: 2.6% (2018); 2.7% (2017)

See all stories featuring: North Dakota

4nadia / Getty Images

19. Oregon
> Median household income: $63,426 (2018); $61,369 (2017)
> Bachelor’s degree attainment: 34.0% (2018); 33.7% (2017)
> Poverty rate: 12.6% (2018); 13.2% (2017)
> Unemployment: 4.2% (2018); 4.1% (2017)

See all stories featuring: Oregon

[in-text-ad-2]

Dean_Fikar / Getty Images

20. Wyoming
> Median household income: $61,584 (2018); $61,523 (2017)
> Bachelor’s degree attainment: 26.9% (2018); 27.6% (2017)
> Poverty rate: 11.1% (2018); 11.3% (2017)
> Unemployment: 4.1% (2018); 4.2% (2017)

See all stories featuring: Wyoming

SeanPavonePhoto / Getty Images

21. Pennsylvania
> Median household income: $60,905 (2018); $60,460 (2017)
> Bachelor’s degree attainment: 31.8% (2018); 31.4% (2017)
> Poverty rate: 12.2% (2018); 12.5% (2017)
> Unemployment: 4.3% (2018); 4.9% (2017)

See all stories featuring: Pennsylvania

[in-text-ad]

Sean Pavone / iStock

22. Vermont
> Median household income: $60,782 (2018); $59,028 (2017)
> Bachelor’s degree attainment: 38.7% (2018); 38.3% (2017)
> Poverty rate: 11.0% (2018); 11.3% (2017)
> Unemployment: 2.7% (2018); 3.0% (2017)

See all stories featuring: Vermont

Sean Pavone / Getty Images

23. Wisconsin
> Median household income: $60,773 (2018); $60,552 (2017)
> Bachelor’s degree attainment: 30.0% (2018); 30.4% (2017)
> Poverty rate: 11.0% (2018); 11.3% (2017)
> Unemployment: 3.0% (2018); 3.3% (2017)

See all stories featuring: Wisconsin

RoschetzkyIstockPhoto / Getty Images

24. Texas
> Median household income: $60,629 (2018); $60,416 (2017)
> Bachelor’s degree attainment: 30.3% (2018); 29.6% (2017)
> Poverty rate: 14.9% (2018); 14.7% (2017)
> Unemployment: 3.9% (2018); 4.3% (2017)

See all stories featuring: Texas

[in-text-ad-2]

JoeChristensen / Getty Images

25. Iowa
> Median household income: $59,955 (2018); $60,002 (2017)
> Bachelor’s degree attainment: 29.0% (2018); 28.9% (2017)
> Poverty rate: 11.2% (2018); 10.7% (2017)
> Unemployment: 2.5% (2018); 3.1% (2017)

See all stories featuring: Iowa

DenisTangneyJr / Getty Images

26. Nebraska
> Median household income: $59,566 (2018); $60,847 (2017)
> Bachelor’s degree attainment: 32.4% (2018); 31.7% (2017)
> Poverty rate: 11.0% (2018); 10.8% (2017)
> Unemployment: 2.8% (2018); 2.9% (2017)

See all stories featuring: Nebraska

[in-text-ad]

Sean Pavone / Getty Images

27. Arizona
> Median household income: $59,246 (2018); $57,884 (2017)
> Bachelor’s degree attainment: 29.7% (2018); 29.4% (2017)
> Poverty rate: 14.0% (2018); 14.9% (2017)
> Unemployment: 4.8% (2018); 4.9% (2017)

See all stories featuring: Arizona

ferrantraite / Getty Images

28. Georgia
> Median household income: $58,756 (2018); $57,322 (2017)
> Bachelor’s degree attainment: 31.9% (2018); 30.9% (2017)
> Poverty rate: 14.3% (2018); 14.9% (2017)
> Unemployment: 3.9% (2018); 4.7% (2017)

See all stories featuring: Georgia

f11photo / Getty Images

29. Nevada
> Median household income: $58,646 (2018); $59,340 (2017)
> Bachelor’s degree attainment: 24.9% (2018); 24.9% (2017)
> Poverty rate: 12.9% (2018); 13.0% (2017)
> Unemployment: 4.6% (2018); 5.1% (2017)

See all stories featuring: Nevada

[in-text-ad-2]

ricardoreitmeyer / Getty Images

30. Kansas
> Median household income: $58,218 (2018); $57,652 (2017)
> Bachelor’s degree attainment: 33.8% (2018); 33.7% (2017)
> Poverty rate: 12.0% (2018); 11.9% (2017)
> Unemployment: 3.4% (2018); 3.7% (2017)

See all stories featuring: Kansas

User Criticalthinker on en.wikipedia / Wikimedia Commons

31. Michigan
> Median household income: $56,697 (2018); $56,081 (2017)
> Bachelor’s degree attainment: 29.6% (2018); 29.1% (2017)
> Poverty rate: 14.1% (2018); 14.2% (2017)
> Unemployment: 4.1% (2018); 4.6% (2017)

See all stories featuring: Michigan

[in-text-ad]

KenCanning / Getty Images

32. South Dakota
> Median household income: $56,274 (2018); $57,613 (2017)
> Bachelor’s degree attainment: 29.2% (2018); 28.1% (2017)
> Poverty rate: 13.1% (2018); 13.0% (2017)
> Unemployment: 3.0% (2018); 3.2% (2017)

See all stories featuring: South Dakota

Sean Pavone / Getty Images

33. Ohio
> Median household income: $56,111 (2018); $55,236 (2017)
> Bachelor’s degree attainment: 29.0% (2018); 28.0% (2017)
> Poverty rate: 13.9% (2018); 14.0% (2017)
> Unemployment: 4.6% (2018); 5.0% (2017)

See all stories featuring: Ohio

f11photo / Getty Images

34. Indiana
> Median household income: $55,746 (2018); $55,368 (2017)
> Bachelor’s degree attainment: 27.1% (2018); 26.8% (2017)
> Poverty rate: 13.1% (2018); 13.5% (2017)
> Unemployment: 3.4% (2018); 3.6% (2017)

See all stories featuring: Indiana

[in-text-ad-2]

rickberk / iStock

35. Maine
> Median household income: $55,602 (2018); $57,486 (2017)
> Bachelor’s degree attainment: 31.5% (2018); 32.1% (2017)
> Poverty rate: 11.6% (2018); 11.1% (2017)
> Unemployment: 3.4% (2018); 3.4% (2017)

See all stories featuring: Maine

mattalberts / Getty Images

36. Idaho
> Median household income: $55,583 (2018); $53,392 (2017)
> Bachelor’s degree attainment: 27.7% (2018); 26.8% (2017)
> Poverty rate: 11.8% (2018); 12.8% (2017)
> Unemployment: 2.8% (2018); 3.2% (2017)

See all stories featuring: Idaho

[in-text-ad]

Sean Pavone / Getty Images

37. Florida
> Median household income: $55,462 (2018); $53,945 (2017)
> Bachelor’s degree attainment: 30.4% (2018); 29.7% (2017)
> Poverty rate: 13.6% (2018); 14.0% (2017)
> Unemployment: 3.6% (2018); 4.2% (2017)

See all stories featuring: Florida

Gary Tognoni / Getty Images

38. Montana
> Median household income: $55,328 (2018); $54,643 (2017)
> Bachelor’s degree attainment: 31.7% (2018); 32.3% (2017)
> Poverty rate: 13.0% (2018); 12.5% (2017)
> Unemployment: 3.7% (2018); 3.9% (2017)

See all stories featuring: Montana

f11photo / Getty Images

39. Missouri
> Median household income: $54,478 (2018); $54,910 (2017)
> Bachelor’s degree attainment: 29.5% (2018); 29.1% (2017)
> Poverty rate: 13.2% (2018); 13.4% (2017)
> Unemployment: 3.2% (2018); 3.8% (2017)

See all stories featuring: Missouri

[in-text-ad-2]

SeanPavonePhoto / Getty Images

40. North Carolina
> Median household income: $53,855 (2018); $53,951 (2017)
> Bachelor’s degree attainment: 31.9% (2018); 31.3% (2017)
> Poverty rate: 14.0% (2018); 14.7% (2017)
> Unemployment: 3.9% (2018); 4.5% (2017)

See all stories featuring: North Carolina

Imilious / Wikimedia Commons

41. Tennessee
> Median household income: $52,375 (2018); $52,201 (2017)
> Bachelor’s degree attainment: 27.5% (2018); 27.3% (2017)
> Poverty rate: 15.3% (2018); 15.0% (2017)
> Unemployment: 3.5% (2018); 3.8% (2017)

See all stories featuring: Tennessee

[in-text-ad]

traveler1116 / Getty Images

42. South Carolina
> Median household income: $52,306 (2018); $51,396 (2017)
> Bachelor’s degree attainment: 28.3% (2018); 28.0% (2017)
> Poverty rate: 15.3% (2018); 15.4% (2017)
> Unemployment: 3.4% (2018); 4.3% (2017)

See all stories featuring: South Carolina

Majestic_Aerials / Getty Images

43. Oklahoma
> Median household income: $51,924 (2018); $50,839 (2017)
> Bachelor’s degree attainment: 25.6% (2018); 25.5% (2017)
> Poverty rate: 15.6% (2018); 15.8% (2017)
> Unemployment: 3.4% (2018); 4.2% (2017)

See all stories featuring: Oklahoma

Davel5957 / Getty Images

44. Kentucky
> Median household income: $50,247 (2018); $49,437 (2017)
> Bachelor’s degree attainment: 24.8% (2018); 24.0% (2017)
> Poverty rate: 16.9% (2018); 17.2% (2017)
> Unemployment: 4.3% (2018); 4.9% (2017)

See all stories featuring: Kentucky

[in-text-ad-2]

RobHainer / Getty Images

45. Alabama
> Median household income: $49,861 (2018); $49,249 (2017)
> Bachelor’s degree attainment: 25.5% (2018); 25.5% (2017)
> Poverty rate: 16.8% (2018); 16.9% (2017)
> Unemployment: 3.9% (2018); 4.4% (2017)

See all stories featuring: Alabama

f11photo / Getty Images

46. Louisiana
> Median household income: $47,905 (2018); $47,050 (2017)
> Bachelor’s degree attainment: 24.3% (2018); 23.8% (2017)
> Poverty rate: 18.6% (2018); 19.7% (2017)
> Unemployment: 4.9% (2018); 5.1% (2017)

See all stories featuring: Louisiana

[in-text-ad]

ivanastar / Getty Images

47. New Mexico
> Median household income: $47,169 (2018); $47,646 (2017)
> Bachelor’s degree attainment: 27.7% (2018); 27.1% (2017)
> Poverty rate: 19.5% (2018); 19.7% (2017)
> Unemployment: 4.9% (2018); 5.9% (2017)

See all stories featuring: New Mexico

Davel5957 / Getty Images

48. Arkansas
> Median household income: $47,062 (2018); $46,859 (2017)
> Bachelor’s degree attainment: 23.3% (2018); 23.4% (2017)
> Poverty rate: 17.2% (2018); 16.4% (2017)
> Unemployment: 3.7% (2018); 3.7% (2017)

See all stories featuring: Arkansas

dszc / Getty Images

49. Mississippi
> Median household income: $44,717 (2018); $44,604 (2017)
> Bachelor’s degree attainment: 23.2% (2018); 21.9% (2017)
> Poverty rate: 19.7% (2018); 19.8% (2017)
> Unemployment: 4.8% (2018); 5.1% (2017)

See all stories featuring: Mississippi

[in-text-ad-2]

tristanbnz / Getty Images

50. West Virginia
> Median household income: $44,097 (2018); $44,587 (2017)
> Bachelor’s degree attainment: 21.3% (2018); 20.2% (2017)
> Poverty rate: 17.8% (2018); 19.1% (2017)
> Unemployment: 5.3% (2018); 5.2% (2017)

See all stories featuring: West Virginia

Want to Retire Early? Start Here (Sponsor)

Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?

Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.

Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.

 

Have questions about retirement or personal finance? Email us at [email protected]!

By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.

By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.