Special Report

The Poorest Town in Every State

Source: krblokhin / iStock via Getty Images

Kansas: Chetopa
> Median household income: $21,953 (Kansas: $61,091)
> Adults with at least a bachelor’s degree: 12.1% (Kansas: 33.9%)
> Poverty rate: 34.0% (Kansas: 11.4%)
> Median home value: $47,000 (Kansas: $157,600)
> Population: 1,158

Source: BOB WESTON / iStock via Getty Images

Kentucky: Whitley City
> Median household income: $14,276 (Kentucky: $52,238)
> Adults with at least a bachelor’s degree: 14.1% (Kentucky: 25.0%)
> Poverty rate: 56.8% (Kentucky: 16.6%)
> Median home value: $61,200 (Kentucky: $147,100)
> Population: 1,633

Source: via Facebook / courtesy of Urania, Louisiana

Louisiana: Urania
> Median household income: $12,358 (Louisiana: $50,800)
> Adults with at least a bachelor’s degree: 5.4% (Louisiana: 24.9%)
> Poverty rate: 40.4% (Louisiana: 18.6%)
> Median home value: $47,300 (Louisiana: $168,100)
> Population: 1,471

Maine: Waldoboro
> Median household income: $14,876 (Maine: $59,489)
> Adults with at least a bachelor’s degree: 25.3% (Maine: 32.5%)
> Poverty rate: 30.1% (Maine: 11.1%)
> Median home value: $148,100 (Maine: $198,000)
> Population: 1,371

Maryland: Federalsburg
> Median household income: $31,915 (Maryland: $87,063)
> Adults with at least a bachelor’s degree: 9.5% (Maryland: 40.9%)
> Poverty rate: 26.5% (Maryland: 9.0%)
> Median home value: $118,400 (Maryland: $325,400)
> Population: 2,668

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.