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DC
$133,587
New Jersey
$117,868
Massachusetts
$115,964
Connecticut
$115,337
Maryland
$114,236
California
$111,622
Hawaii
$107,348
Virginia
$106,023
New York
$105,304
Washington
$103,669
New Hampshire
$101,292
Colorado
$100,933
Alaska
$98,811
Minnesota
$96,814
Illinois
$95,115
Utah
$94,452
Rhode Island
$92,427
Delaware
$92,308
Texas
$89,506
Oregon
$88,137
Pennsylvania
$87,262
Georgia
$85,691
North Dakota
$85,506
Arizona
$84,380
Nevada
$84,350
Vermont
$83,767
Wyoming
$83,583
Florida
$83,104
Wisconsin
$82,757
Nebraska
$82,306
Kansas
$82,103
Michigan
$80,803
Iowa
$80,316
North Carolina
$79,620
Ohio
$78,797
Maine
$78,301
Missouri
$78,194
South Dakota
$77,932
Idaho
$77,399
Indiana
$76,984
Tennessee
$76,937
Montana
$76,834
South Carolina
$76,390
Oklahoma
$74,195
Louisiana
$73,759
Kentucky
$72,318
Alabama
$71,964
New Mexico
$70,241
Arkansas
$69,357
West Virginia
$65,332
Mississippi
$65,156

Per Capita Income by State [Updated January 2023]

Per Capita Income by State [Updated January 2023]

Per capita income (PCI), or average income, measures the amount of income earned per person in a nation or geographic region. It is calculated by dividing the region's income by its population. PCI includes every adult and child, even newborn babies, as a member of the population. This differs from other economic measures, such as median household income, which counts every person living in one home as a household.

Per capita income can be used to evaluate the standard of living and quality of life of a population. Several factors affect income levels in a population. Generally, the richest states have the most educated populations. Higher educational attainment leads to higher-paying jobs and overall wealth. Additionally, overall economic well-being significantly affects per capita income. In 2019, the per capita income was $56,663.

Per Capita Income by State

States with the Highest Per Capita Income

The following ten states have the highest PCI, in descending order: District of Columbia ($84,538), Connecticut ($79,087), Massachusetts ($74,967), New York ($71,440), New Jersey ($70,979), California ($66,661), Maryland ($65,683), Washington ($64,898), New Hampshire ($63,880), and Wyoming ($63,316). Unsurprisingly, the four richest states in terms of median household income are also among the states with the highest PCI: District of Columbia, Maryland, Massachusetts, and New Jersey. California and New York also have high median incomes and have the highest and third-highest GDPs of $3.120 billion and $1.705 billion. Additionally, several of these states are among the nation's ten most educated states: D.C., Connecticut, Massachusetts, New Jersey, Maryland, Washington, and New Hampshire.

States with the Lowest Per Capita Income

The following ten states have the lowest PCI, in ascending order: Mississippi ($39,368), West Virignia ($42,336), Alabama ($43,984), Kentucky ($44,017), Arkansas ($44,845), South Carolina ($45,314), Idaho ($45,642), Arizona ($46,233), and North Carolina ($47,803). Mississippi has the lowest PCI of $39,368. Unfortunately, Mississippi also has the nation's highest poverty rate of 19.6%. New Mexico, Kentucky, and Arkansas are also among the five states with the highest poverty rates, with 18.2%, 16.3%, and 16.2%. Of the states with the lowest per capita income, the top seven states are also among the ten states considered to be the least educated. This is according to WalletHub's analysis. The three states not included in this are Idaho, Arizona, and North Carolina, although these states did not score well either.

Here are the 10 states with the highest average income:

  1. District of Columbia: $133,587
  2. New Jersey: $117,868
  3. Massachusetts: $115,964
  4. Connecticut: $115,337
  5. Maryland: $114,236
  6. California: $111,622
  7. Hawaii: $107,348
  8. Virginia: $106,023
  9. New York: $105,304
  10. Washington: $103,669

Per Capita Income by State [Updated January 2023]

Per Capita Income by State [Updated January 2023]

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Per Capita Income by State [Updated January 2023]

Sources