10 richest states in America (2024)

FAQs

What is the 10 richest state in America? ›

The three U.S. states with the highest GDPs were California ($3.8 trillion), Texas ($2.56 trillion), and New York ($2.15 trillion). The three U.S. states with the lowest GDPs were Vermont ($43.1 billion), Wyoming ($50.1 billion), and Alaska ($67.1 billion).

Asian Americans, with a population of around 1.8 crore, are the highest-earning ethnic group in the USA. The median household income for Asian-Americans stands at $87,243. However, Indians are the leading ethnic group among Asian-Americans.

By the median income standard, Mississippi is poorest state in the U.S., with a household average income of $52,985. It is closely followed by West Virginia, with an average of $55,217, and Arkansas with an income rate of $56,335, as of 2022.

Which state has the smallest population? ›

Wyoming is ranked the lowest in the population, with only 576,851 residents. In terms of total area, Wyoming stands at number 40, with an area of 97,813 square miles.

In 2019, Mississippi had the lowest ratio of millionaire households per capita in the country, with only 4.18 percent of households holding over one million U.S. dollars in assets.

This is a list of U.S. states and federal district by the number of billionaires as of 2023; there are 756 billionaires living in the United States. They live in 43 of the 50 states. The only states with no billionaire residents are Alaska, Delaware, New Hampshire, New Mexico, North Dakota, Vermont, and West Virginia.

New York still leads the U.S. and the world when it comes to wealthy cities.

Mississippi is the poorest state in the US, with a poverty rate of 18.7%.

North Dakota comes in third place with a GDP per capita of $93,861, due to its rich natural resources and successful agriculture and energy industries. Washington and California, states thriving on technology and innovation, sit at fourth and fifth place respectively with GDP per capita figures of $92,648 and $92,459.