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For Richer or For Poorer…
Posted by KPope
CNNmoney released information on the richest and poorest states and cities in the union. According to their research, Maryland wins the top spot as the Richest state in the nation while Mississippi holds up the rear.
The list of the 10 poorest cities was filled with mostly old, northeastern and mid-western industrial locales. Cleveland had the lowest median income of any city in the nation with more than 250,000 residents; households there earned just $26,535. Miami was the next poorest at $27,088, followed by Buffalo ($27,850), Detroit ($28,364), St. Louis ($30,936) and Cincinnati ($31,103).
Other poor sun-belt cities included Memphis ($32, 593) and El Paso (33,103). With median income of $33,229, Philadelphia was the only city among the nation’s 10 biggest that was also among the 10 poorest cities.
Top 10 wealthiest states
Here’s where the median household income is highest
| State | Income |
|---|---|
| Maryland | $65,144 |
| New Jersey | $64,470 |
| Connecticut | $63,422 |
| Hawaii | $61,160 |
| Massachusetts | $59,963 |
| New Hampshire | $59,683 |
| Alaska | $59,393 |
| California | $56,645 |
| Virginia | $56,277 |
| Minnesota | $54,023 |
Source: U.S. Census Bureau
The 10 poorest states
The states with the lowest median household income
| State | Income |
|---|---|
| Montana | $40,627 |
| Tennessee | $40,315 |
| Kentucky | $39,372 |
| Louisiana | $39,337 |
| Alabama | $38,783 |
| Oklahoma | $38,770 |
| Arkansas | $36,599 |
| West Virginia | $35,059 |
| Mississippi | $34,473 |
Source: U.S. Census Bureau
Overall, median income for the United States as a whole came to $48,451.
*Cited @ CNNmoney.com
