The 10 Richest States in America

NEW YORK (TheStreet) --While some American states are recovering from the recession, many others are struggling to get out from under the pressures associated with the economy's decline.

Everyday Americans are fighting to put food on the tables, pay their bills, and keep a roof over their heads. Some places in the U.S. were hit harder than others when the recession struck, making them the poorest states in the country.

Despite their best efforts, many Americans are having a difficult time staying out of poverty.

"If the misery of the poor be caused not by the laws of nature, but by our institutions, great is our sin," Charles Darwin said.

Below is a list of the 10 poorest states in the U.S., followed by the 10 richest, based on each state's median household income data as of November 2014, which was compiled by Bloomberg,

 


10. South Carolina 

Median Household Income: $44,500 

Unemployment Rate: 6.7%


9. Tennessee

Median Household Income: $43,200 

Unemployment Rate: 7.1%


8. Kentucky

Median Household Income: $42,800 

Unemployment Rate: 6.2%


7. New Mexico

Median Household Income: $42,800 

Unemployment Rate: 6.5%


6. Alabama

Median Household Income: $42,000 

Unemployment Rate: 6.3%


5. North Carolina 

Median Household Income: $41,900

Unemployment Rate: 6.3%


4. Mississippi

Median Household Income: $41,500

Unemployment Rate: 7.6%


3. West Virginia 

Median Household Income: $40,900 

Unemployment Rate: 6.5%


2. Arkansas

Median Household Income: $40,600 

Unemployment Rate: 6%


1. Louisiana 

Median Household Income: $40,300 

Unemployment Rate: 6.2%

And now for the richest states...

 


10. Alaska

Median Household Income: $62,100   

Unemployment Rate: 6.8%


9. Hawaii

Median Household Income: $62,400 

Unemployment Rate: 4.1%


8. New Jersey 

Median Household Income: $62,800 

Unemployment Rate: 6.6%


7. Massachusetts

Median Household Income: $64,000 

Unemployment Rate: 6%


6. Utah 

Median Household Income: $64,000 

Unemployment Rate: 3.6%


5. Colorado 

Median Household Income: $64,400 

Unemployment Rate: 4.3%


4. Maryland

Median Household Income: $66,300 

Unemployment Rate: 6%


3. Virginia 

Median Household Income: $68,700 

Unemployment Rate: 5.3%


2. Connecticut

Median Household Income: $68,900  

Unemployment Rate: 6.4% 


1. New Hampshire

Median Household Income: $72,500 

Unemployment Rate: 4.2%

Read Also: 10 Dumbest States
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