To identify the poorest county in each state, 24/7 Wall St. reviewed median annual household incomes for each U.S. county using 5-year estimates from the U.S. Census Bureau’s 2018 American Community Survey. We only considered counties with income estimates with a maximum 10% margin of error.
We also reviewed in each county the percentage of adults who have earned a bachelor’s degree or higher, poverty rate, and median home value from the ACS. Unemployment rates for October 2019 are from the Bureau of Labor Statistics and are not seasonally adjusted.
County equivalents, such as parishes in Louisiana and boroughs in Alaska, were included in our analysis. Alaskan Census areas, however, which are sparsely populated and are under the purview of the state government, were excluded.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.