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Home Business The state with the highest income isn't New…

The state with the highest income isn't New York or California. See the 15 states where people earn the most.

· · 1 min read
  • WalletHub ranked states where people have the highest income, using several different measurements.
  • Some states with mega-high earners didn’t rank high due their fairly average median incomes.
  • California landed outside of the top 10 as many high earners are leaving the state.

Read on for the 15 states where people have the highest income, according to WalletHub.

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15. Florida

Total score: 49.89

Average annual income of top 5%: $507,073

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Median annual income: $75,737

Average annual income of bottom 20%: $16,378

  1. Georgia

Total score: 52.76

Average annual income of top 5%: $516,260

Median annual income: $72,437

Average annual income of bottom 20%: $17,301

  1. California

Total score: 53.45

Average annual income of top 5%: $482,584

Median annual income: $133,974

Average annual income of bottom 20%: $14,662

  1. District of Columbia

Total score: 54.11

Average annual income of top 5%: $488,074

Median annual income: $174,287

Average annual income of bottom 20%: $9,579

  1. Texas

Total score: 54.93

Average annual income of top 5%: $520,378

Median annual income: $75,905

Average annual income of bottom 20%: $17,651

  1. Massachusetts

Total score: 57.11

Average annual income of top 5%: $498,062

Median annual income: $137,563

Average annual income of bottom 20%: $14,440

  1. Illinois

Total score: 57.88

Average annual income of top 5%: $533,840

Median annual income: $83,277

Average annual income of bottom 20%: $16,813

  1. Minnesota

Total score: 58.66

Average annual income of top 5%: $500,074

Median annual income: $90,632

Average annual income of bottom 20%: $20,662

  1. Colorado

Total score: 59.65

Average annual income of top 5%: $498,587

Median annual income: $106,187

Average annual income of bottom 20%: $19,588

  1. Utah

Total score: 61.24

Average annual income of top 5%: $475,515

Median annual income: $98,858

Average annual income of bottom 20%: $24,307

  1. Connecticut

Total score: 64.73

Average annual income of top 5%: $543,016

Median annual income: $122,032

Average annual income of bottom 20%: $15,095

  1. Washington

Total score: 65.23

Average annual income of top 5%: $522,328

Median annual income: $112,933

Average annual income of bottom 20%: $19,082

  1. New Jersey

Total score: 66.08

Average annual income of top 5%: $527,376

Median annual income: $125,766

Average annual income of bottom 20%: $17,418

  1. New York

Total score: 66.27

Average annual income of top 5%: $585,523

Median annual income: $96,746

Average annual income of bottom 20%: $13,633

  1. Virginia

Total score: 67.57

Average annual income of top 5%: $545,097

Median annual income: $95,339

Average annual income of bottom 20%: $19,671

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Nairavoice
Contributor at NairaVoice.com.ng