What is the Brokest state?

Mississippi is consistently ranked as the poorest U.S. state, showing the lowest median household income and highest poverty rates, particularly for children, along with poor health indicators like high obesity and low life expectancy, though Louisiana, New Mexico, West Virginia, and Kentucky also face significant economic challenges.

What are the 10 poorest states?

The 10 poorest U.S. states, based on recent data for low median household income and high poverty rates, consistently include Mississippi, Louisiana, West Virginia, Kentucky, Arkansas, Alabama, New Mexico, Oklahoma, Tennessee, and South Carolina, with Mississippi often ranking as the poorest overall due to persistently low income and high poverty levels. These Southern states frequently appear at the bottom of economic rankings, facing challenges like income inequality and limited opportunities.
 

Which state is the most poor state?

Mississippi is consistently ranked as the poorest U.S. state, often leading in poverty rates, low median household income, and high child poverty, with other states like Louisiana, New Mexico, West Virginia, and Arkansas frequently appearing in the bottom rankings due to similar economic challenges. These states struggle with various factors, including lower wages, limited job opportunities, and disparities in education and healthcare access, despite some recent efforts to improve.
 

What is the least richest state?

In contrast, states such as Mississippi and West Virginia are typically recognized as having lower median incomes, which can result in more affordable housing options but may also reflect limited economic opportunities.

What is the poorest part of the US?

The poorest parts of the U.S. are concentrated in the South, with Mississippi consistently ranking as the poorest state by poverty rate, followed by states like Louisiana, New Mexico, West Virginia, and Kentucky, while major cities such as Detroit, Flint, and Gary also face severe poverty. These areas often struggle with low median incomes, high unemployment, food insecurity, and limited access to resources, with particular challenges facing minority communities like Native Americans and African Americans.
 

Top 10 States with Highest Poverty In America [Poorest States 2023]

What is the richest state?

California is generally considered the richest state by overall economic output (GDP) and as a hub for innovation and billionaires, but Massachusetts often ranks highest for median household income, indicating more widespread wealth, while the District of Columbia leads in per capita personal income, showing high earnings per person, so "richest" depends on the metric used. 

Where do poor people live?

Sub-Saharan Africa continues to dominate the list of poorest countries: When looking at our Consensus Forecasts for the economies with the lowest GDP per capita (in U.S. dollars, current market prices) in 2026, one thing jumps out: 18 of the 20 poorest are from Sub-Saharan Africa (SSA).

What state has no billionaires?

As of 2024, there are 756 billionaires living in 43 of the 50 US states or Washington, D.C. The only states with no billionaire residents are Alaska, Delaware, New Hampshire, New Mexico, North Dakota, and West Virginia.

Is $40,000 a year considered poor?

A $40,000 salary is classified as lower-middle class, which is defined as households that earn between $30,001 and $58,020 a year.

Which state is so rich?

There isn't one single "richest" state, as it depends on the metric, but Massachusetts, Connecticut, Maryland, New Jersey, and California consistently rank among the wealthiest by factors like per capita income, household net worth, and GDP, with Massachusetts often leading in per capita income and California having the largest overall economy.
 

What state has the worst poverty?

Mississippi consistently ranks as the state with the worst poverty, often followed closely by Louisiana and New Mexico, with high rates also seen in West Virginia, Arkansas, and Kentucky, reflecting a concentration of poverty in the Southern and Southwestern U.S., though California's high cost of living sometimes ties it with Louisiana for the highest poverty rate when considering a broader poverty measure.
 

Which part of India is rich?

The richest parts of India are its major metropolitan areas, led by Mumbai, India's financial capital, followed by Delhi, Bengaluru, and Hyderabad, which boast high GDPs, numerous billionaires (like Altamount Road in Mumbai), and significant economic contributions. Maharashtra (home to Mumbai) is often cited as India's wealthiest state overall, alongside economic powerhouses like Gujarat.
 

Which state makes the least amount of money?

Mississippi has the lowest-earning population in the U.S. with a median annual wage of just $37,500, according to the BLS.

Where do poor people live in the USA?

Those with the most severe poverty are found in poor areas of the Southeast, including the Mississippi Delta and Appalachia, as well as on Native American lands. Pockets of high poverty are increasingly found in other regions, such as nonmetro areas of the Southwest and northern sections of the Midwest.

What is officially the poorest US state?

Mississippi is consistently ranked as the poorest state in the U.S., having the lowest median household income and one of the highest poverty rates, often followed closely by states like West Virginia, Louisiana, and New Mexico, according to U.S. Census data and various economic analyses. These states face significant challenges with high percentages of their populations living below the poverty line, high child poverty rates, and lower economic opportunity, notes the World Population Review and HowStuffWorks. 

What is a poor salary?

A widely used federal guideline defines low income as $15,650 annually for one person and $32,150 for a family of four in 2025.

Can you buy a house on $40K a year?

One rule of thumb when buying a home is to not spend more than three times your annual salary. If you earn $40K a year, that means you can afford to spend around $120,000 on a house, maybe a bit more if you have little or no other debts and a large down payment.

What is the top 2% salary in India?

🔸 Top 2%: A monthly salary of ₹2 lakhs or an annual salary of ₹24 lakhs (based on data from the All India Survey on Higher Education 2019-20). 🔹 Top 1%: A monthly salary of ₹3.6 lakhs or an annual salary of ₹43.2 lakhs (based on data from the World Inequality Database).

Who will be the 1st trillionaire?

While no one is a trillionaire yet, Elon Musk is widely projected to be the first, potentially by 2027, driven by his stakes in Tesla, SpaceX, and X, with some forecasts suggesting SpaceX's potential IPO could significantly accelerate this. Jeff Bezos and Jensen Huang (Nvidia) are also in contention, but Musk's diverse and rapidly growing ventures place him at the forefront, with a major Tesla pay package potentially adding to his net worth, notes PBS News and Yahoo Finance.
 

Who owns 90% of America's wealth?

The top 10% own 87.2%, and the bottom half owned 1.1%. Corporate equities and real estate facilitated the accumulation of wealth for baby boomers. In 2024, the Silent Generation and baby boomers represented 25% of the population, but held 65% of all wealth in the US.

What city is full of billionaires?

Billionaire cities are major global urban centers where the wealthiest individuals reside, with New York City consistently leading as the top city with the most billionaires, followed by major financial hubs like London, Hong Kong, Beijing, and Mumbai, according to reports from Forbes and Hurun Research Institute in 2025. These cities attract the super-rich due to strong financial sectors, real estate, corporate presence, and significant wealth concentration, though some Chinese cities have seen recent declines due to economic shifts.
 

Who is the no. 1 poorest person in the world?

New Delhi: He doesn't live in a slum or wear tattered clothes. Jerome Kerviel looks like another man walking the streets of Paris. But behind the ordinary appearance lies a financial catastrophe so massive, it shook global markets and earned him the label of "the world's poorest man."

What race lives the most in poverty?

In 2022, Native American and Black people had the highest share of people living below 100 percent of the poverty level. Across the listed poverty levels in 2022, the Native American female population had the highest share of those below the poverty level in the US, while the white male population had the lowest share.

What state helps the poor the most?

Vermont ranks as the most generous state with the average low-income person receiving about $26,000 in benefits. This is due largely to the fact that, using my measure, Vermont has the most generous Medicaid program and Medicaid accounts for about half of all of the programs I consider.