Richest States 2019

Determining which state is the richest overall is not as impossible as it may sound. It all comes down to the income of the residents, as well as the revenue accrued by the local state government. By looking at the average per capita income of each state in the US, we can figure out which state is the richest of them all. Since this would be a massive undertaking to attempt on an individual level, let's leave the research to the experts.

According to World Atlas, the richest state is Massachusetts. It is said to have an average per capita GDP rate of around $65,545. If you take the current population of Massachusetts and multiply that value by the per capita income estimate, you would find that the state has an incredibly large GDP per capita value.

Since the state of Massachusetts is currently home to about 6,902,000 people, this means that there is an influx of about $459,293,590,000 annually. This value is massive, and although Massachusetts is the richest state, many other states compare and come close to the GDP per capita value in Massachusetts. Another way of looking at richness among the nation is by taking a look at the median household income of each state. With this value in mind, the richest place in America would be the District of Columbia. Since DC is not considered a state but rather a federal district, the state with the highest average household income is none other than New Hampshire.

People who live in New Hampshire make an average of about $71,000 per year, give or take a few hundred dollars either way. With a poverty rate of around eight percent, most people live comfortably in New Hampshire, which contributes to its wealth overall. With average household incomes, poverty rates, and unemployment percentages in mind, the top ten richest states in the USA as of 2019 are...

The History of Wealth in the United States

The United States has witnessed a few recent and quite damaging dips in its economy. The Great Depression took place for just under four years, spanning from August 1929 through March 1933. Following the Great Depression, there were thirteen recessions, the most recent of which was the Great Recession.

It started in December of 2007 and was not resolved until June of 2009. Many states are still bouncing back from the drastic effects of the recession. Here is a look at the average financial situations of people in each of the fifty states over the past few years. These US dollar values represent the median household income of each state.

Richest States in the USA in 2017

Richest States in the USA in 2016

  • Maryland $78,945 per capita
  • Alaska $76,440 per capita
  • New Jersey $76,126 per capita
  • Massachusetts $75,297 per capita
  • Hawaii $74,511 per capita
  • Connecticut $73,433 per capita
  • New Hampshire $70,936 per capita
  • Virginia $68,114 per capita
  • California $67,739 per capita
  • Washington $67,106 per capita
  • Utah $65,977 per capita
  • Colorado $65,685 per capita
  • Minnesota $68,388 per capita
  • New York $62,909 per capita
  • Delaware $61,757 per capita
  • Illinois $60,960 per capita
  • North Dakota $60,656 per capita
  • Rhode Island $60,596 per capita
  • Wyoming $59,882 per capita
  • Vermont $57,677 per capita
  • Oregon $57,532 per capita
  • Nebraska $56,927 per capita
  • Pennsylvania $56,907 per capita
  • Wisconsin $56,811 per capita
  • Texas $56,565 per capita
  • Iowa $56,247 per capita
  • Nevada $55,180 per capita
  • Kansas $54,935 per capita
  • South Dakota $54,467 per capita
  • Georgia $53,559 per capita
  • Arizona $53,558 per capita
  • Maine $53,079 per capita
  • Michigan $54,909 per capita
  • Ohio $52,344 per capita
  • Indiana $52,314 per capita
  • Idaho $51,807 per capita
  • Missouri $51,746 per capita
  • Florida $50,860 per capita
  • North Carolina $50,584 per capita
  • Montana $50,027 per capita
  • South Carolina $49,501 per capita
  • Oklahoma $49,176 per capita
  • Tennessee $48,547 per capita
  • New Mexico $46,748 per capita
  • Alabama $46,257 per capita
  • Louisiana $45,146 per capita
  • Arkansas $44,334 per capita
  • West Virginia $43,385 per capita
  • Kentucky $42,958 per capita
  • Mississippi $43,529 per capita

Richest States in the USA in 2015

  • Maryland $75,847 per capita
  • Hawaii $73,486 per capita
  • Alaska $73,355 per capita
  • New Jersey $72,222 per capita
  • Connecticut $71,346 per capita
  • Massachusetts $70,628 per capita
  • New Hampshire $70,303 per capita
  • Virginia $66,262 per capita
  • California $64,500 per capita
  • Washington $64,129 per capita
  • Colorado $63,909 per capita
  • Minnesota $65,599 per capita
  • Utah $62,912 per capita
  • Delaware $61,255 per capita
  • New York $60,850 per capita
  • North Dakota $60,557 per capita
  • Wyoming $60,214 per capita
  • Illinois $59,588 per capita
  • Rhode Island $58,073 per capita
  • Vermont $56,990 per capita
  • Pennsylvania $55,702 per capita
  • Texas $55,653 per capita
  • Wisconsin $55,638 per capita
  • Nebraska $54,996 per capita
  • Iowa $54,736 per capita
  • Oregon $54,148 per capita
  • Kansas $53,906 per capita
  • South Dakota $53,017 per capita
  • Nevada $52,431 per capita
  • Maine $51,494 per capita
  • Arizona $51,492 per capita
  • Georgia $51,244 per capita
  • Michigan $52,491 per capita
  • Ohio $51,075 per capita
  • Indiana $50,532 per capita
  • Missouri $50,238 per capita
  • Montana $49,509 per capita
  • Florida $49,426 per capita
  • Oklahoma $48,568 per capita
  • Idaho $48,275 per capita
  • North Carolina $47,830 per capita
  • Tennessee $47,275 per capita
  • South Carolina $47,238 per capita
  • Louisiana $45,727 per capita
  • New Mexico $45,382 per capita
  • Alabama $44,765 per capita
  • Kentucky $43,399 per capita
  • West Virginia $42,019 per capita
  • Arkansas $41,995 per capita
  • Mississippi $41,754 per capita
Rank State 2019 Pop. 2019 Growth 2018 Pop. 2010 Census Growth Since 2010 % of US
12Virginia8,571,9460.64%8,517,6858,023,6806.83%2.58%
15Massachusetts6,939,3730.54%6,902,1496,566,4315.68%2.09%
19Maryland6,062,9170.33%6,042,7185,788,6424.74%1.82%
22Minnesota5,655,9250.80%5,611,1795,310,8436.50%1.70%
30Utah3,221,6101.91%3,161,1052,775,33416.08%0.97%
41Hawaii1,416,589-0.27%1,420,4911,363,9633.86%0.43%
42New Hampshire1,363,8520.55%1,356,4581,316,7773.58%0.41%
48North Dakota760,9000.11%760,077674,71012.77%0.23%
51Vermont627,1800.14%626,299625,8800.21%0.19%
52Wyoming572,381-0.93%577,737564,4831.40%0.17%