America’s Poorest State

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By Douglas A. McIntyre Published
America’s Poorest State

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The U.S. Census Bureau has issued its 2022 income statistics by race, age and location. The state income spread (including the District of Columbia) was significant. The median household income in D.C. was $101,027. At the far end of the list was Mississippi at $52,719. (25 Ways the Federal Poverty Rate Does Not Tell the Whole Story.)
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The spread between rich and poor states has persisted for decades. States below the Mason-Dixon line continue to have the lowest household incomes. These include Alabama, Louisiana, Mississippi and West Virginia. Median household income remains high in Connecticut, Massachusetts and New Hampshire.
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The ripple effects because of income also remain the same. Poor health is based on poor health habits (smoking and overconsumption of calories), low educational attainment and racial disparity.

States with low incomes are trapped in a cycle. Low education begets low income begets low education. The poorest states are often those with the worst schools. They are also ones where healthy food is in low supply.
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Businesses are reluctant to locate operations in areas with low educational attainment. That cycle has been broken in some cases. Car companies like the low-income states because they are less likely to have unions.
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One advantage low-income states have is that they often have low living costs. However, that is cold comfort for people who do not regularly have good access to education and other advantages the richest states do.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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