Analyzing American income disparities by state highlights the broad economic landscape in the country. Income levels vary significantly across states, a testament to the diverse socioeconomic conditions, cost of living, education levels, and job opportunities in different regions. Here, we delve into the per capita income for each state, to better understand these regional economic distinctions.
On analyzing the income data, we found several notable trends:
Leading the list is Connecticut, with a remarkable per capita income of $84,972, closely followed by Massachusetts not far behind at $84,945.
New Jersey and New York, notable for their dense populations and robust economic activity, secure the third and fourth positions with per capita incomes of $78,700 and $78,089 respectively. California, being the most populous state in the U.S, also ranks high in fifth place, boasting a per capita income of $77,339
States situated in the Western region present a mixed economic picture. Washington and Colorado, known for their strong industries and growing economies, have secured their places in the top ten states with per capita incomes of $75,698 and $74,167 respectively, meanwhile states such as Idaho, New Mexico, and Arizona fall behind with much lower figures.
Rounding out the top ten are New Hampshire, with a per capita income of $74,663, Wyoming at $71,342, and Maryland with a per capita income of $70,730.
Highest Income States by Per Capita Income: