NewsMaking It In San Diego


Making It in San Diego: California one of the richest states based on income

Posted at 1:34 PM, Oct 08, 2018
and last updated 2018-10-08 16:34:14-04

SAN DIEGO (KGTV) -- A new report ranks California as one of the richest states in the nation based on household income, according to 24/7 Wall Street.

The report ranks California 8th out of 50 states, with a median household income of $71,805.

Though the report is favorable as far as income, the report notes that the lucrative entertainment and technology industries significantly drive up the median.

Also noted in the report is the fact that California has the 22nd highest poverty rate at over 13 percent and the 12th highest unemployment rate.

See the list below for the richest states on the list:

1. Maryland $80,776

2. New Jersey - $80,088

3. Hawaii - $77,765

The list below shows the three poorest states based on income:

48. Louisiana - $46.145

49. Mississippi - $43,529

50. West Virginia - $43,469

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