Curious what the net worth of residents in your state might be? A new report has the answer
#net worth #state #wealth #census data #SmartAsset #economic inequality #financial report
📌 Key Takeaways
- Median net worth in the U.S. varies significantly by state, ranging from $62,000 to $700,000.
- SmartAsset analyzed census data to determine state-level net worth averages.
- The report underscores disparities in wealth distribution across different states.
📖 Full Retelling
A new report from SmartAsset, released recently, examines the median net worth of residents in each U.S. state. The report analyzes census data to reveal significant disparities in wealth across the country, ranging from approximately $62,000 to nearly $700,000 depending on the state of residence. This highlights a substantial difference in financial well-being based solely on geographic location.
🏷️ Themes
Wealth inequality, Economic disparities, State economics, Financial well-being
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Original Source
(NEXSTAR) - The difference in average net worth across the country is vast, depending on where you live. It's so vast that the median net worth in the U.S. can range from anywhere between $62,000 to nearly $700,000, based solely on which state you call home. A new report from SmartAsset examined census data to...
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