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Economic Opportunity Rankings

Determining which states have the least povertyDetermining which states have the least poverty

Determining which states have the least poverty

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One-third of the weighting given to measurements of opportunity focus on economic opportunity. This involves the percentage of households living below the federal poverty line, along with food insecurity – a count of children and adults alike who don’t get adequate nutrition – the median household income in any state and the disparity of income between the lowest-income households and the highest using the Gini index. These four comprehensive metrics are indicators of more than just economic opportunity in a given state; they intersect with employment, stability and health and affect the quality of life of a state's population.

New Hampshire ranks first in the nation for economic opportunity. Hawaii places second in this subcategory, followed by Minnesota, Utah and Maryland.

Learn more about the Best States for economic opportunity below.

Rank

State

Rank

 

State

 

Low Food Insecurity

 

Gini Index

 

Household Income

 

Low Poverty Rate

1 
New Hampshire
 1 9 8 1
2 
Hawaii
 6 7 4 6
3 
Minnesota
 4 11 13 3
4 
Utah
 23 1 11 2
5 
Maryland
 18 18 1 4
6 
New Jersey
 2 41 3 5
7 
Massachusetts
 6 44 2 8
8 
Alaska
 23 5 12 13
9 
Washington
 13 20 7 9
10 
Colorado
 20 17 9 7
11 
Virginia
 9 29 10 11
12 
Iowa
 3 10 30 20
13 
North Dakota
 4 18 20 17
14 
Wisconsin
 18 6 21 16
15 
Rhode Island
 8 24 15 18

Low Food Insecurity

The U.S. Department of Agriculture defines food insecurity as the lack of access, at times, to enough food for an active, healthy life for all household members and limited or uncertain availability of nutritionally adequate foods. According to a 2019 report from the department, about 1 in 9 American households suffered from food insecurity between 2017 and 2019. Rates were highest in Mississippi and lowest in New Hampshire.

Gini Index

The Gini index, developed more than a century ago, is the most common measure of income inequality among households, with zero representing total income equality and 1 representing total inequality. In tracking the index, the U.S. Census Bureau reported its most recent findings from its 2019 surveys. Utah stood out as the state with the lowest Gini index, 0.43, which made the state's households closer to income equality than other states. New York had the highest index – 0.51 – and, therefore, the greatest income inequality.

Household Income

The median annual household income in the United States in 2019 was $65,712, according to estimates from the U.S. Census Bureau's American Community Survey. Maryland ranks No. 1, with a median household income of $86,738, while Mississippi is last, at $45,792.

Low Poverty Rate

In 2019, estimates from the U.S. Census Bureau's American Community Survey show that 12.3% of people in the United States – an estimated 34 million individuals – were living in poverty. Poverty rates correspond heavily with median household income in states, with New Hampshire having the lowest estimate poverty rate at 7.3% and Mississippi with the highest, at 19.6%.