Special Report

The Poorest Town in Every State

Methodology

To determine the poorest town in every state, 24/7 Wall St. reviewed the median household income for towns and places in every state using data from the U.S. Census Bureau’s 2020 American Community Survey. Towns are defined as having populations between 1,000 and 25,000. Only towns with relevant data were included.

The percentage of adults 25 or over with at least a bachelor’s degree, the poverty rate, median home value, poverty rate, and population for each town also came from the ACS. All estimates are five year averages for 2020. 

We used census “place” geographies —  a category that includes 29,573 incorporated legal entities and census-designated statistical entities. Of those, 29,319 had boundaries that fell within one of the 50 states, while the rest were in the District of Columbia or Puerto Rico, and 13,332 of the places fell within these thresholds.

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.