Which states have the strongest economy?

Posted on by Dominique Stacey

Which states have the strongest economy?

State Economy Rankings

Overall Rank State Economic Health
1 Utah 2
2 Washington 15
3 California 42
4 Massachusetts 34

Which states have the best economy 2021?

Utah is the top state for economy. It’s followed by Colorado, Idaho, Washington and Massachusetts to round out the top five. Five of the 10 states with the strongest economies also rank among the top 10 Best States overall.

Which states have the worst economy?

The three U.S. states with the lowest GDPs were Vermont ($32.8 Billion), Wyoming ($36.2 Billion), and Alaska ($50.2 Billion)….50 states and District of Columbia.

State or district Virginia *
Real GDP Growth Rate (annual) (Q4 2020 – Q2 2021) 6.0%
GDP per capita 2021 $67,920
2020 $65,930
% of National 2021 2.64%

What state has the best economy in 2020?

Utah. The Utah economy has been a powerhouse in recent decades, hence the reason why it takes the No. 1 spot. Over the last five years, Utah’s GDP grew by an excellent 19.1%, the second-highest growth rate for that period out of all 50 states.

Which states have the worst economies?

The three U.S. states with the highest GDPs were California ($3.09 Trillion), Texas ($1.76 Trillion), and New York ($1.70 Trillion). The three U.S. states with the lowest GDPs were Vermont ($32.8 Billion), Wyoming ($36.2 Billion), and Alaska ($50.2 Billion).

Which states are the poorest states?

The 10 States With the Highest Poverty Rates:

  • Mississippi.
  • Louisiana.
  • New Mexico.
  • Kentucky.
  • Arkansas.
  • West Virginia.
  • Alabama.
  • Oklahoma.

What is the most successful state in America?

First, here are the 10 most successful states:

  • New Hampshire.
  • Maryland.
  • Minnesota.
  • North Dakota.
  • Hawaii.
  • Wyoming.
  • Alaska.
  • Virginia.

What is the richest state in the union?

States and territories ranked by median household income

Rank State or territory 2018
1 Washington, D.C. $85,203
2 Maryland $83,242
3 New Jersey $81,740
4 Hawaii $80,212

What is the poorest state in America 2021?

Poorest U.S. States

  1. Mississippi. Mississippi is the poorest U.S. state.
  2. West Virginia. West Virginia is the second-poorest U.S. state, with a $48,850 median household income and a poverty rate of 17.54%.
  3. Louisiana. Lousiana is the third-poorest state.
  4. Arkansas. The fourth-poorest state in the U.S. is Arkansas.
  5. New Mexico.