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Richest State in USA 2023 by Mean Household Income

Last updated on April 14, 2023

This guide quantifies the richest state in USA by using official data retrievable from the United States Census Bureau. We have simplified the large task of filtering data to publish this information and make it easily accessible for you.

Richest State in USA

1. Maryland – $91,431 MHI

Maryland is the richest state in USA in 2023 by mean household income of $91,431 and per capita income of $45,915. Even though it’s the richest, the poverty percentage is higher than in other states. With 10.3% of the population living in poverty, it is even higher than New Hampshire, the seventh richest.

2. New Jersey – $89,703 MHI

At the second position of the richest state in USA is New Jersey. The state has a median household income (MHI) of $89,703 and a per capita income of $46,691. In this state, 10.2% of the population lives in poverty.

3. Massachusetts – $89,026 MHI

Massachusetts is an academic state with many colleges and universities. The state has a median household income of $89,026, and 10.4% of the population is in poverty. The state has a per capita income of $48,617.

4. Hawaii – $88,005 MHI

If you want to enjoy beautiful beaches in the USA, Hawaii is the state to visit. As the fourth position of the richest state in USA, it has $88,005 MHI and a per capita income of $39,045. The state has quite a high percentage of the population in poverty.

With 11.2% of residents being in poverty, it is at the higher end of the poverty level on our list.

5. California – $84,097 MHI

California is a travel destination for most adventures from the United States and other places of the world. It is the fifth richest, with a median household income of $84,097 and a per capita income of $41,276. At least 12.3% of California residents live in poverty.

Los Angeles is the richest county in California, leading other counties like Santa Clara, Orange, and San Diego.

6. Connecticut – $83,572 MHI

Connecticut was among America’s original colonies and gained self-independence in 1637. The state has emerged as the sixth richest state in USA, with a median household income of $83,572. 10.1% of the population in this state is in poverty.

As the sixth richest state, it has a per capita income of $47,869.

7. New Hampshire – $83,449 MHI

The seventh position from official data is New Hampshire, a state known for exceptional natural landscapes. The state has $83,449 MHI and a per capita income of $43,877.

The state has the lowest poverty level in the United States. Only 7.2% of the state’s residents are in poverty.

8. Washington – $82,400 MHI

Washington is a popular name to many in the United States and elsewhere in the world. It is the eighth richest state in USA, with $82,400 MHI. The state has 9.9% of its population living in poverty and a per capita income of $43,817.

9. Virginia – $80,615 MHI

In the ninth position is Virginia, which has a median household income of $80,615. With a $43,267 per capita income, 10.2% of its residents are in poverty.

10. Alaska – $80,287 MHI

The tenth position in our list is taken by Alaska, which has a median household income of $80,287. The state’s per capita income is $39,236 and 10.5% of the population lives in poverty.

11. Colorado – $80,184 MHI

Colorado is a state of canyons and forests. At the eleventh position of the richest state in the USA, Colorado has a median household income of $80,184 and $42,807 per capita. The state’s poverty level is not as high, with only 9.7% of its population living in poverty.

12. Utah – $79,133 MHI

This is a paradise and travel destination for many hikers. The state’s median household income is $79,133, the first on our below $80,000. Utah’s per capita income is $33,378. With 8.6% of residents in poverty, it is among the states with the least poverty prevalence in the USA.

13. Minnesota – $77,706 MHI

If you are from Minnesota or would wish to visit or live there, one thing that will shock you are lakes. With over 13,000 lakes, it has the highest number in any American State.

The state is the thirteenth richest, with an MHI of $77,706 and $41,204 in per capita income. The poverty level is low, only at 9.3%.

14. New York – $75,157 MHI

New York is a popular state because of its largest city, New York City. The New York state has a median household income of $75,157 and a per capita income of $43,208.

Surprisingly, despite being among the richest states, it has a high poverty level of 13.9%.

15. Rhode Island – $74,489 MHI

Despite being the smallest state in size, Rhode Island manages to be the fifteenth richest state in USA. The state has an MHI of $74,489 and a per capita income of $39,603. 11.4% of the state’s residents live in poverty.

16. Delaware – $72,724 MHI

Delaware is nicknamed “The First State” because of the U.S. constitution ratification in 1787. The state’s MHI is $72,724 and $38,917 per capita income. The state’s poverty level is 11.6% of residents.

17. Illinois – $72,563 MHI

It is a state known for being the first to ratify the 13th amendment to the U.S. constitution. In the seventeenth position, Illinois has a median household income of $72,563 and $39,571 per capita income.

12.1% poverty level is slightly higher than other richest states in the USA.

18. Oregon – $70,084 MHI

Oregon is the eighteen richest state in USA with$70,084 median household income and $37,816 per capita income. 12.2% of the state’s residents live in poverty.

19. North Dakota – $68,131 MHI

This state still holds a Guinness World Record for most snow angels made simultaneously in 2007. The state has $68,131 MHI and $37,343. 11.1% of the state’s residents live in poverty.

20. Wyoming – $68,002 MHI

The last richest state on our list is Wyoming. It gets this position with $68,002 MHI and $36,288 per capita income. 11.4% of the population lives in poverty.

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