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Study Ranks U.S. States by How Successful Its Residents AreLOS ANGELES, Aug. 29, 2016 /PRNewswire/ -- Where do all the successful people live? Are some states home to more of the nation's most successful people than others? To answer these questions, GOBankingRates surveyed all 50 states and the District of Columbia and ranked them by the following seven factors:
Don't see your state? See the entire ranking here: https://www.gobankingrates.com/personal-finance/most-least-successful-states/ Stand-out Study Insights:
"While it would be incorrect to assume that living in a certain state could determine your success, the study did find that certain areas in the country definitely house more financially successful citizens than others," said Kristen Bonner, lead researcher on the GOBankingRates study. "That being said, living in an area among those who are thriving financially might just offer the push you need to craft a successful financial future for yourself." Methodology: GOBankingRates.com used the Economic Policy Institute's data (published in June 2016) on the average income of the top 1 percent and bottom 99 percent in each state. Poverty rates are based on figures from PovertyUSA.org. The figures for the percentage of households in each in the upper, middle and lower class are from the Pew Research Center income calculator. The number of billionaires in each state was sourced from Forbes, and the number of millionaire households and ratio of millionaires to total households was sourced from Phoenix Marketing International's Ranking of U.S. States by Millionaires Per Capita 2006-2013. About GOBankingRates GOBankingRates.com is a leading portal for personal finance and consumer banking information, offering visitors the latest on everything from finding a good interest rate to strategies for saving money, investing for retirement, and getting a loan. Its editors are regularly featured on top-tier media outlets, including U.S. News & World Report, Forbes, Business Insider, Daily Finance, and more. It specializes in connecting consumers with the best financial institutions and banking products nationwide. Contact: Katie Johnston, Media Relations Logo - http://photos.prnewswire.com/prnh/20130926/LA86996LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/study-ranks-us-states-by-how-successful-its-residents-are-300318984.html SOURCE GOBankingRates |