As we know that America has one of the largest states in the world unlike other countries. There are different aspects and economy which runs in different states of America. There are some poor states, middle class and some of the wealthiest states in America which you have to look into when you are deciding to reside there.
The ranking is done on the basis of ACS which is a bureau in America and works over the benefit for the income of median households. The measurement of wealthiest states in America have been ranked by it so that people are able to find out about the main source of living there. There are millionaires who are residing in the wealthiest states in America and you can find all about it here.
Let’s start with the one which is rates less among the wealthiest states in America and move up to the first top one.
California
The first state which gets highlighted as the wealthiest states in America is California which is the largest in America. There is a median household income which gets measured among $65,000/annum.
The percentage for the high class is about 6 percent overall in California. Whereas, you can take the population count approximately 40 million people currently just in the state of California so you can imagine how big it is. The unemployment rate of California is about 7% with having the poverty rate of 16% in line according to 2017 records.
The economy is on the rise with California whereas it has the unemployment rate which needs attention as it grows further.
Minnesota
For Minnesota, the household income for median level is about $60,000 as well. The upper class remains up to 5% of the total population which is around 5 million. The unemployment rate is about 4% with the poverty levels at 12% within the state.
The rate of unemployment is not satisfactory in this state as it is booming in the aspect of being wealthy with overlooking the poverty side. It comes under the low unemployment rate which is good for the people who are able to reside and save in order to live a good lifestyle.
Virginia
Next is Virginia which is one of the wealthiest states in America and that is because it connects to the capital of America as well. It is also expensive to live in rather than other states and has the household average for median people of about $63,000/annum.
With the upper class households consisting of 7% of the total population which is about 8 million in Virginia. The unemployment rate is really low up to 4% in Virginia which makes a prone state to be resided because you will be able to find relevant jobs regarding your experience and skills there.
People who are below the line of poverty have the average of 10% with the total population so there are chances that you will be able to find the job as you reach their instantly. The employees who work as the government agencies commute through the capital of America and Virginia to reside within the country which makes it reasonable to live there and less expensive than the capital.
New Hampshire
New Hampshire has the population of about 1.5 million people with having the upper class up to 7% of the total population. It has the median income for household of about $64,000/annum which is based for the employment rate around 3% within the state.
So if you are thinking to reside or change the location of your residence then it is better that you think of moving to this state would be a good choice for you. It is also stated best for the reasons of tourism and manufacturing there as there is more countryside places rather than the urban places to reside.
If you want to know about more states rather than these options then you can contact the accountant to know about additional information. They are aware of the population and the statistics very well so make sure that you are able to comprehend with it better than anyone else. So make sure that you follow the right ways of accessing information before you wish to make a move and it should be the wise one.
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