Richest States In USA

Last updated May 24, 2025

Gross Domestic Product Per Capita
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Gross Domestic Product Per CapitaQuestion Mark
1New YorkNew York$105,309
2MassachusettsMassachusetts$98,705
3North DakotaNorth Dakota$93,861
4WashingtonWashington$92,648
5CaliforniaCalifornia$92,459
6ConnecticutConnecticut$88,686
7AlaskaAlaska$86,793
8DelawareDelaware$84,812
9IllinoisIllinois$82,813
10ColoradoColorado$82,537
11NebraskaNebraska$81,987
12WyomingWyoming$81,321
13New JerseyNew Jersey$80,539
14MinnesotaMinnesota$78,020
15TexasTexas$77,244
16MarylandMaryland$76,395
17New HampshireNew Hampshire$75,137
18VirginiaVirginia$74,558
19South DakotaSouth Dakota$73,170
20UtahUtah$72,513
21IowaIowa$72,146
22KansasKansas$71,745
23PennsylvaniaPennsylvania$71,380
24OregonOregon$70,816
25OhioOhio$70,028
26HawaiiHawaii$68,529
27GeorgiaGeorgia$68,465
28WisconsinWisconsin$68,043
29North CarolinaNorth Carolina$67,399
30NevadaNevada$67,282
31TennesseeTennessee$66,685
32IndianaIndiana$66,508
33Rhode IslandRhode Island$65,477
34MissouriMissouri$63,034
35VermontVermont$62,762
36MichiganMichigan$61,879
37LouisianaLouisiana$61,807
38ArizonaArizona$61,575
39FloridaFlorida$61,296
40MaineMaine$60,639
41OklahomaOklahoma$59,415
42New MexicoNew Mexico$57,874
43KentuckyKentucky$57,614
44MontanaMontana$57,055
45IdahoIdaho$55,501
46South CarolinaSouth Carolina$55,078
47AlabamaAlabama$54,487
48West VirginiaWest Virginia$54,164
49ArkansasArkansas$53,938
50MississippiMississippi$47,343

The Wealth Distribution of America

When discussing economic prosperity and growth, it is essential to examine the wealth distribution across the diverse states of America, particularly the richest ones. The financial health of each state is depicted by various indicators, and in this article, we focus on two: Gross Domestic Product (GDP) per capita, indicative of the market value of all officially recognized final goods and services produced within a state within a given period, and the state's median household income which reveals the income at the very middle of the income distribution — half of households earn more, half earn less.

Factors such as job opportunities, cost of living, and overall economic health contribute to the wealth accumulation in each state. Educational attainment, in particular, has demonstrated a strong correlation with median household income levels. A higher GDP per capita generally speaking, may result in better living standards and improved public services for residents, resonating to the state’s overall development.

  • New York takes the lead with the highest GDP per capita of $105,309, closely followed by Massachusetts ($98,705) and North Dakota ($93,861). This reveals a significant margin when compared to the national median household income of $65,712.
  • States like California and Illinois, despite being home to a few of the biggest cities in the country, hold the 5th and 9th positions respectively, indicating that a large urban population does not necessarily translate to a higher GDP per capita.
  • The states in the lower bracket mostly fall into the Southern U.S., suggesting regional disparities in economic opportunities and development.
  • Mississippi, with a GDP per capita of $47,343, sits at the bottom of the list, with a GDP per capita value well below the national median household income.

10 Richest States

Based on GDP per capita, the ten richest states in the U.S. are New York, Massachusetts, North Dakota, Washington, California, Connecticut, Alaska, Delaware, Illinois, and Colorado.

Leading the list is New York, boasting the highest GDP per capita of $105,309. New York's economy is majorly fueled by sectors such as finance and healthcare, with Wall Street playing a significant role in the state's economic performance.

Following closely is Massachusetts with a GDP per capita of $98,705. Known for its rich academic and cultural institutions, Massachusetts also hosts a booming technology and healthcare sector, contributing to its strong economic standing.

North Dakota comes in third place with a GDP per capita of $93,861, due to its rich natural resources and successful agriculture and energy industries. Washington and California, states thriving on technology and innovation, sit at fourth and fifth place respectively with GDP per capita figures of $92,648 and $92,459.

Connecticut, with a GDP per capita of $88,686, is home to many insurance corporate headquarters. Their economic strength is closely followed by Alaska, a state rich in natural resources, boasting a GDP per capita of $86,793.

Delaware, hosting numerous corporate headquarters due to its business-friendly laws, holds a GDP per capita of $84,812. Illinois and Colorado, known for diverse economy and a thriving tech industry respectively, round up the list with GDPs per capita of $82,813 and $82,537.

Richest States by GDP Per Capita:

  1. New York - $105,309
  2. Massachusetts - $98,705
  3. North Dakota - $93,861
  4. Washington - $92,648
  5. California - $92,459
  6. Connecticut - $88,686
  7. Alaska - $86,793
  8. Delaware - $84,812
  9. Illinois - $82,813
  10. Colorado - $82,537
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