Question: Is West Virginia A Poor State?

Which is the poorest state in the United States?

MississippiKnown as the birthplace of Blues music and the namesake of the Mississippi River, Mississippi has been ranked as the poorest state in America.

With a total poverty rate of 19.6%, Mississippi’s rate is far above the national average rate of 10.5%..

Is West Virginia a rich state?

West Virginia is the third poorest state in the United States of America, with a per capita income of $23,450 (2015).

What are the 5 poorest states in America?

According to the U.S. Census Bureau, the national poverty rate was 10.5% percent or 34 million Americans in 2019. These states and territories have the highest percentages of poverty in the country: Puerto Rico, Mississippi, Louisiana, Kentucky, Arkansas, West Virginia, Alabama, Oklahoma, Tennessee, and South Carolina.

Which state is the richest?

These states are the wealthiest in the country:New Hampshire. … Washington. … Connecticut. … California. Median household income: $80,440. … Hawaii. Median household income: $83,102. … New Jersey. Median household income: $85,751. … Massachusetts. Median household income: $85,843. … Maryland. Median household income: $86,738.More items…•Mar 11, 2021

What is the wealthiest town in West Virginia?

BridgeportDetailed List Of The Richest Cities In West VirginiaRankCityRichScore1Bridgeport1.02Vienna2.673Hurricane3.04South Charleston5.6723 more rows•Dec 17, 2020

What state is the cheapest to live in?

MississippiThe cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living. Mississippi’s living wage is only $48,537 and has the cheapest personal necessities anywhere in the country.

What is the world’s poorest state?

Poorest U.S. StatesMississippi. Mississippi is the poorest U.S. state. … West Virginia. West Virginia is the second-poorest U.S. state, with a $48,850 median household income and a poverty rate of 17.54%. … Louisiana. Lousiana is the third-poorest state. … Arkansas. The fourth-poorest state in the U.S. is Arkansas. … New Mexico.

What is the richest country in the world?

United StatesUnited States is the richest country in the world, and it has the biggest wealth gap. The United States led the world in growth of financial assets last year thanks to tax cuts and booming stock markets, but its distribution of wealth was more unequal than in any other country, according to a study published Wednesday.

How many billionaires are in West Virginia?

TableRank by Number of Billionaires (9/15/20)State or Federal DistrictBillionaires/ State’s 10M pop. (7/19 Census) (9/15/20)36South Dakota11.3036District of Columbia14.1727Kentucky6.7136West Virginia5.5849 more rows

What city has the most billionaires?

BeijingWhere do the Most Billionaires Live?RankCityNumber of Billionaires#1Beijing100#2New York City99#3Hong Kong80#4Moscow796 more rows•Apr 14, 2021

Who is the richest man in West Virginia?

James Conley Justice II (born April 27, 1951) is an American businessman and politician who has been serving as the 36th governor of West Virginia since 2017. With a net worth of around $1.2 billion, he is the wealthiest person in West Virginia.

What is the best state to live in?

For the second time in a row, Washington has been ranked as the best state in the nation….10 Best States in America:Washington.Minnesota.Utah.New Hampshire.Idaho.Nebraska.Virginia.Wisconsin.More items…•Mar 9, 2021

What is the poorest town in WV?

Detailed List Of The Poorest Places To Live In West VirginiaRankCityPoverty Rate1Grafton23.5%2Keyser24.3%3Huntington32.3%4Parkersburg25.2%23 more rows•Sep 17, 2018

What state has the highest poverty rate 2020?

States With the Highest Poverty RatesMississippi: 19.4%Louisiana: 18.4%New Mexico: 16.0%Arkansas: 15.0%West Virginia: 14.9%Kentucky: 14.6%Alabama: 14.4%South Carolina: 13.9%More items…

Is WV the poorest state?

While poverty declined by 1.8 percentage points from 2018, West Virginia’s poverty rate is still 3.7 percentage points higher than the national average, making it the 6th highest rate among the 50 states. West Virginia’s median household income was an estimated $48,850 in 2019, $16,862 below the national average.

Is it cheaper to live in Ohio or West Virginia?

West Virginia is 3.1% cheaper than Ohio.

What state is the happiest?

HawaiiHawaii is consistently ranked the happiest state in the U.S. In 2019, Gallup named Hawaii the top state in its National Health and Well-Being Index for the seventh year in a row.

What’s the best state to live in 2020?

Best States to Make a Living 2020Washington. In the ten years MoneyRates.com has been conducting this study, Washington has topped the list five times. … North Dakota. … Minnesota. … Michigan. … Texas. … Illinois. … Kansas. … Tennessee.More items…•May 6, 2020

Why is Virginia so rich?

Virginia is a relatively wealthy state because it borders the District of Columbia (where way too much money originates) which produced economic growth there and down into Tidewater Virginia, growth that can also benefit businesses elsewhere in the state.

Does West Virginia have 4 seasons?

West Virginia experiences four seasons and can be an affordable destination year-round. The most popular time to visit is during the summer when school is on break, and in the fall when hunting season takes place and the leaves change color.