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Wealthy States in the USA: 10 States for Your Quality Life

Do you wanna work and live in the wealthy states in the USA? According to different statistics, the rank of the top ten wealthiest states in the US varies. The blog shows you two ranks of them: one is of median income, and the other is of per capita GDP. Let’s start to explore these states together!

List of Wealthy States in the USA

Based on the statistics of household median income from the US Census Bureau, we offer you a list of the top ten wealthiest states in the US, including the number of the household median income and the percentage of people holding bachelor’s degrees or higher (National: 36.2%) and those below the poverty line (National: 12.5%).

List of Wealthy States in the USA
State Median Income Bachelor’s Degrees or Higher Below the Poverty Line
Massachusetts $99,858 47.8% 10.4%
New Jersey $99,781 43.8% 9.7%
Maryland $99,678 43.7% 9.5%
New Hampshire $96,838 40.7% 7.2%
California $95,521 37.5% 12.0%
Hawaii $95,322 37.0% 10.1%
Washington $94,605 40.50% 10.30%
Utah $93,421 38.40% 9.00%
Colorado $92,911 46.40% 9.30%
Connecticut $91,665 42.90% 10.30%
a running car

Wealthy States in the USA: Median Income

Having learning about the list of the richest state in USA, let’s take a closer look on these prominent cities, exploring their characteristics and uniqueness in this section.

Massachusetts

Massachusetts, located in the New England region of the Northeastern United States, is the richest state in the USA. It boasts a rich culture, high-quality education and high-tech industries; it’s home to the Massachusetts Institute of Technology and Harvard University, attracting talents from around the world. Besides, it took a leading role in biotechnology and medical treatment, contributing to innovation and creativity for all. Its proportion of people holding bachelor’s degrees or higher is the highest among all American states, showing that many residents are well-educated. All these factors make it the answer to the question, “What is the richest state in the United States?”

New Jersey

New Jersey, nicknamed the Garden State, is the second richest state in America. Between New York and Philadelphia, it benefits from the metropolises, attracts numerous residents with high incomes, and forms a convenient transportation system. It’s dominated by finance and pharmacy and is home to many headquarters of large multinational enterprises, like Johnson & Johnson and Merck, which provide many employment opportunities, making it a wealthy state in the USA.

aerial view of city buildings at daytime

Maryland

Maryland, recognized as a “Free State”, is adjacent to Washington DC. As one of the wealthiest states in the US, it boasts many federal organizations and high-tech industries. It’s home to Johns Hopkins University, a private research university that enjoys a high reputation around the globe. The Chesapeake Bay and continuous mountains bring more charm to the local scenery, which means locals can easily access the combination of natural beauty and urban convenience. 

New Hampshire

New Hampshire, a wealthy state in the USA, is in the New England region of the Northeastern United States. The residents live happily because of the high income and low tax, though the state is not large. In addition, they can enjoy various outdoor activities and live safely with low crime rates. According to the survey, approximately 80% of the locals work in promising fields in New Hampshire. And it’s near Boston, leading to many commuters living here.

an overlook of city

California

California, among the richest states in the United States of America, is designated “The Golden State”. It’s home to Silicon Valley, where there are a wealth of top technology companies and start-ups, making it a centre for technological innovation. In addition, the film and television industry and financial industry contribute to local prosperity, which attracts numerous tourists and offers an abundance of employment opportunities. Also, California pioneer American tourism and global sectors, like technology and entertainment.

Hawaii

What state is the wealthiest in America? Many would say “Hawaii”. It, like a pearl shining on the Pacific Ocean, benefits from the national defence industry and agriculture. You can live with a balance of high income and high cost and enjoy the excellent culture, comfortable climate and pleasing environment. Its tourism, the local pillar industry, is an important source of income.

Washington 

Washington, a wealthy state in the USA, is known for its innovative economy and fabulous scenery. It has 17 Fortune 500 companies, like Amazon and Microsoft and its economic centre, Seattle, draws a large number of talents. Moreover, its biotechnology, clean energy, and aerospace contribute to the increase in the median household income. However, the house prices are higher than the average, especially in the central parts, leading to much economic pressure on the locals.

Utah

Thanks to the strong technology industry and low unemployment rate, Utah has become a rich American state and is praised as Silicon Slopes, a counterpart to Silicon Valley. It has a friendly business environment and one of the lowest enterprise taxes in the US. It’s home to many outstanding companies, including Adobe, Qualtrics and Ancestry.com. What’s more, compared with California, it has a lower operation cost, which is good for companies and start-ups. Meanwhile, it has many educational institutions, like Brigham Young University and the University of Utah, fostering talents in various fields.

Colorado

Colorado is one of the most wealthy states in America. As a hot place for outdoor activity lovers, it’s famous for its healthy lifestyle and charming environment, like the Rocky Mountain National Park. It takes the leading role in new energy and offers professional service for all. In addition, it boasts the industrial cluster of aerospace and federal research centres, including the US National Center for Atmospheric Research and the National Renewable Energy Laboratory.

Connecticut

According to the list, Connecticut is the 10th wealthiest state in the US. It has excellent fields in finance, insurance and manufacturing. The beautiful coastal lines, historic towns and high-level education system make it an ideal place for work and life. With Yale University and other colleges, it offers high-quality education for students from around the world.

crowded streets during daytime

Wealthy States in the USA: Per Capita GDP

When measuring wealthy states in the USA, GDP per capita is crucial. It reflects the average distribution of economic output per resident in the area. Generally speaking, a higher GDP per capita indicates a more developed economy, higher income levels for residents, greater purchasing power, and a relatively better quality of life.

List of Wealthy States in the USA: Per Capita GDP
State Name Per Capita GDP
Washington 263,220
New York 117,332
Massachusetts 110,561
Washington 108,468
California 104,916
Connecticut 100,235
Delaware 98,055
North Dakota 95,982
Alaska 95,147
Nebraska 93,145
a street with tall buildings

Conclusion of Wealthy States in the USA

Though the ranking of wealthy states in the USA are different due to diverse measurement approaches, you can still make reasonable decisions according to the forms. No matter which state you choose, what remains constant is that each state offers its own unique advantages, blending economic opportunity with quality of life. From bustling urban centers to breathtaking natural landscapes, the US delivers both prosperity and living excellence in diverse regional packages.

FAQ of Wealthy States in the USA

Massachusetts is the richest state in the USA. It boasts a rich culture, high-quality education and high-tech industries; it’s home to the Massachusetts Institute of Technology and Harvard University, attracting talents from around the world.

The list of the top ten wealthiest states in the US is as follows.  
List of Wealthy States in the USA
State Median Income Bachelor’s Degrees or Higher Below the Poverty Line
Massachusetts $99,858 47.8% 10.4%
New Jersey $99,781 43.8% 9.7%
Maryland $99,678 43.7% 9.5%
New Hampshire $96,838 40.7% 7.2%
California $95,521 37.5% 12.0%
Hawaii $95,322 37.0% 10.1%
Washington $94,605 40.50% 10.30%
Utah $93,421 38.40% 9.00%
Colorado $92,911 46.40% 9.30%
Connecticut $91,665 42.90% 10.30%

When measuring wealth by billionaire count, California emerges as America’s wealthiest state with 186 billionaires, far surpassing others. New York follows with 135 billionaires, while Florida (78) and Texas (73) complete the top four. Other notable states include Illinois (23), Massachusetts (22), Georgia (18), and Pennsylvania (18). This distribution highlights how tech (California), finance (New York), and tax-friendly policies (Florida/Texas) create concentrated wealth hubs across the nation.

California holds the distinction of being the U.S. state with the highest gross domestic product, boasting an economic output of $4.1 trillion – the largest contribution to the national economy among all states.

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