10 U.S. states where Americans earn the lowest incomes—only 2 aren’t in the South
https://www.cnbc.com/2024/04/06/us-states-where-americans-earn-lowest-wages.html
by wewewawa
10 U.S. states where Americans earn the lowest incomes—only 2 aren’t in the South
https://www.cnbc.com/2024/04/06/us-states-where-americans-earn-lowest-wages.html
by wewewawa
2 comments
Mississippi has the lowest-earning population in the U.S. with a median annual wage of just $37,500, according to the BLS.
That’s due, in part, to the fact that Mississippi has one of the least-educated populations in the country, with just 1 in 4 adults in the state holding a bachelor’s degree or higher, according to St. Louis Fed data.
More education typically correlates with higher earnings, which helps explain why Massachusetts — the most-educated state, with nearly 47% of its population holding a bachelor’s degree or higher — is also the highest-paid, according to the St. Louis Fed.
A well-educated workforce can help attract businesses to the area and boost economic activity. That’s part of the reason Mississippi ranks among some of the worst states for business, according to CNBC.
These are the 10 states with the lowest median annual wages.
9 out of ten are Republican states (New Mexico is the exception). Seems like a pretty strong correlation.