UNDATED – With the median yearly income in the U.S. around $83,700, the personal-finance company WalletHub today released its report on the States Where People Have the Highest Income to get a feel for how well-off Americans are across the country.
WalletHub compared the 50 states and the District of Columbia across three key metrics: the average annual income of the top 5%, the average for the bottom 20%, and the median for all of each state’s residents.
Wallethub ranked South Dakota 29th in the study, where the Media Annual Income adjusted for COLI is $74,633.
| Highest Incomes | Lowest Incomes | |
| 1. Virginia | 42. Alaska | |
| 2. New York | 43. Kentucky | |
| 3. New Jersey | 44. Vermont | |
| 4. Washington | 45. Alabama | |
| 5. Connecticut | 46. Rhode Island | |
| 6. Utah | 47. Maine | |
| 7. Colorado | 48. Louisiana | |
| 8. Minnesota | 49. Mississippi | |
| 9. Illinois | 50. New Mexico | |
| 10. Massachusetts | 51. West Virginia |
For the full report and to see where your state ranks, please visit:
https://wallethub.com/edu/states-where-people-have-the-highest-income/136995
