Should You live in a low income State? Livability Rankings

Low Income States Consistently Rated Worst States for Livability

We thought you might like to see a comparison of the Best and Worst States for Livability and the income rankings associated with each state.  Money may not buy happiness but the state you spend it in just might.

Best States for Livability and their Income Ranks

1.      New Hampshire                       $41,512          8
2.      Utah                                        $31,189         45
3.      Wyoming                                 $43,226          6
4.      Minnesota                                $41,034         11
5.      Iowa                                        $35,023         27

Worst States for Livability and their Income Ranks

50.     Mississippi                               $28,845          50
49.     South Carolina                         $31,013          47
48.     Kentucky                                  $31,111          46
47.     Tennessee                                $33,280          39
46.     Louisiana                                  $34,756          31
45.     West Virginia                           $29,537          49
Source:  U.S. Bureau of Economic Analysis
CQ Press 2008 State Livability Rankings

                State income data is for 2007.

The highest income state, Connecticut at $54,117, has a livability ranking of 11. New Jersey, with an average state income of $49,194, has a livability rank of 7.  New York, rated 24th on livability, was rated 4th in income and California was 30th on livability and 7th on income.   It appears very low income states are low on livability yet high income does not insure being rated a Best State for livability.  Utah is a outlier in that it ranks 2 in livability yet has one of the lowest state incomes.

In about 60 days new data will be released on state income levels for 2008.  Also CQ press does a nice study of state livability each year. We will keep you posted when the new data is released.  Review top income states when they are released.  High income does not insure high livability.
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