Special Report

The Poorest Town in Every State

Hawaii: Hawaiian Ocean View
> Median household income: $15,654 (Hawaii: $81,275)
> Adults with at least a bachelor’s degree: 14.7% (Hawaii: 33.0%)
> Poverty rate: 55.2% (Hawaii: 9.4%)
> Median home value: $135,000 (Hawaii: $615,300)
> Population: 5,011

Source: ChrisBoswell / iStock via Getty Images

Idaho: Glenns Ferry
> Median household income: $27,583 (Idaho: $55,785)
> Adults with at least a bachelor’s degree: 11.7% (Idaho: 27.6%)
> Poverty rate: 39.1% (Idaho: 13.1%)
> Median home value: $103,000 (Idaho: $212,300)
> Population: 1,226

ALSO READ: Cities Where Home Values Are Rising the Fastest

Illinois: Centreville
> Median household income: $21,370 (Illinois: $65,886)
> Adults with at least a bachelor’s degree: 7.8% (Illinois: 34.7%)
> Poverty rate: 42.1% (Illinois: 12.5%)
> Median home value: $47,900 (Illinois: $194,500)
> Population: 4,999

Indiana: Cannelton
> Median household income: $28,922 (Indiana: $56,303)
> Adults with at least a bachelor’s degree: 7.0% (Indiana: 26.5%)
> Poverty rate: 30.8% (Indiana: 13.4%)
> Median home value: $65,200 (Indiana: $141,700)
> Population: 1,470

Source: AriasPhotos / iStock via Getty Images

Iowa: Centerville
> Median household income: $34,805 (Iowa: $60,523)
> Adults with at least a bachelor’s degree: 16.4% (Iowa: 28.6%)
> Poverty rate: 22.6% (Iowa: 11.5%)
> Median home value: $68,400 (Iowa: $147,800)
> Population: 5,458

ALSO READ: This County Has the Cheapest Homes in America

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.