What is the wealthiest state in the United States?

The wealthiest state depends on the metric, but Massachusetts often ranks first by median household income and per capita personal income, driven by tech, biotech, and education, while California leads significantly in total economic output (GDP) due to its massive technology and entertainment sectors, with New York and Texas following closely. The District of Columbia (D.C.) actually leads in GDP per capita but isn't a state.

What state has the highest income in the US?

California makes the most money in the U.S., leading significantly in total economic output (Gross Domestic Product or GDP), followed by Texas and New York, though when considering income per person (GDP per capita or personal income), states like New York, Massachusetts, and Washington often rank higher due to smaller populations.
 

Which state is the richest state?

Massachusetts is often cited as the richest U.S. state by median household income, driven by its educated workforce and strong tech/finance sectors, though California leads in total economic size (GDP) and has the most billionaires, while metrics like GDP per capita might place states like New York or Connecticut at the top, depending on the source and year.
 

What are the top 3 richest cities in the US?

Rank City State Total Private Wealth 1 New York City New York $4 trillion 2 San Francisco Bay Area California $2.7 trillion 3 Los Angeles California $1.5 trillion 4 Houston Texas $975 billion 5 Washington D.C. D.C.

What is the least wealthy state in the United States?

The least wealthy state in the U.S. is consistently Mississippi, frequently ranking lowest in median household income, poverty rates, and per capita income, alongside states like West Virginia, Louisiana, and New Mexico, indicating significant economic challenges.
 

Shocking Ranking: Top 10 Richest States in the US [2024]

What state is #1 in poverty?

Mississippi consistently ranks as the U.S. state with the highest poverty rate, often followed closely by states like Louisiana, New Mexico, West Virginia, and Kentucky, though rankings shift slightly by year and data source (Official vs. Supplemental Poverty Measure). Mississippi struggles with low median incomes, low educational attainment, and high rates of child poverty, making it the poorest state by several metrics, according to World Population Review and other sources.
 

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.

Where do most billionaires live in the USA?

New York City, New York. New York remains unmatched as the wealthiest city in America in 2025. As the country's financial capital, it houses more millionaires and billionaires than any other U.S. city.

What are the five richest states?

The top 5 richest states often depends on the metric (total economy vs. individual wealth), but by total economic output (GDP), it's consistently California, Texas, New York, Florida, and Illinois, while by wealth per person (GDP per capita or median income), states like Massachusetts, New Jersey, Maryland, Washington, and Connecticut rank highest, alongside DC, highlighting strong tech, finance, and high-income sectors.
 

Which state is the strongest financially?

The best state to live in financially depends on your priorities, but top contenders often feature low taxes, affordable housing, and decent incomes, with Wyoming, Tennessee, Florida, Texas, North Dakota, South Dakota, and Iowa frequently appearing for low overall cost, while states like Massachusetts offer high wages but higher living costs. Key factors are no state income tax, low cost of living (housing especially), and strong median household incomes, with states like Wyoming and Tennessee often leading for savings, notes. 

What state owns the most money?

Overall, in the calendar year 2024, the United States' Nominal GDP at Current Prices totaled at $29.184 trillion, as compared to $27.720 trillion in 2023. The three U.S. states with the highest GDPs were California ($4.103 trillion), Texas ($2.709 trillion), and New York ($2.297 trillion).

What state has the most powerful economy?

California generally has the best economy by sheer size (largest GDP), but states like Massachusetts, Washington, or Utah often rank highest in economic strength, growth, innovation, or business environment when considering factors beyond total output, with Texas, New York, and Florida also consistently leading overall economic performance. 

What is the most expensive state to live in?

Hawaii is consistently ranked as the most expensive U.S. state to live in, primarily due to its remote island location requiring costly shipping for most goods, leading to significantly higher prices for housing, groceries, utilities, and transportation, often reaching nearly double the national average. Following Hawaii, other high-cost states usually include California, Massachusetts, New York, and Alaska, driven by housing markets and isolated supply chains. 

What is the #1 richest county in America?

Summary. As of 2020, Loudoun County, Virginia, a suburb of Washington, D.C. in Virginia has a median household income of $147,111, the highest of any county in the nation.

Which U.S. state is growing the fastest?

Florida and Texas consistently rank as the fastest-growing states in the U.S. by population, especially in recent years (2023-2024), driven by significant net migration and immigration, though Utah and Idaho often lead in percentage growth over longer periods, fueled by natural increases and migration. Recent data highlights Florida's top spot in overall numeric growth and high percentage gains, with Texas close behind, while Utah remains a leader in long-term percentage growth.
 

Which U.S. state has the most billionaires?

California has the most billionaires in the U.S., consistently leading other states like New York and Florida, primarily due to its booming tech and entertainment industries, with tech giants like Meta and Google founders residing in Silicon Valley and the Bay Area. Recent data shows California home to roughly 190-200 billionaires, far surpassing New York (around 130-140) and Florida (around 100-120). 

What is the poorest U.S. state?

Mississippi is consistently ranked as the poorest U.S. state, characterized by the nation's lowest median household income, highest poverty rate (around 18-19%), high child poverty, and significant food insecurity, with states like Louisiana, New Mexico, West Virginia, and Arkansas often following in poverty rankings. These states face challenges like low wages, economic disparities, and limited resources, though some, like Mississippi, show growth in GDP but struggle with low-paying jobs, as noted by this World Population Review article and this Worldatlas article. 

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.
 

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.

Which state has no billionaire?

As of recent reports (2024-2025), the U.S. states with no billionaire residents are Alaska, Delaware, and West Virginia, though this list can fluctuate slightly, with New Hampshire, New Mexico, and North Dakota sometimes mentioned as having zero or very few, depending on the source. 

What is the richest town in America?

The richest town in America depends on the metric, but Atherton, California is frequently cited as the wealthiest by average household income, often with figures over half a million dollars, driven by Silicon Valley tech wealth. Other top contenders include wealthy suburbs like Scarsdale, New York, known for high household incomes and home values, and cities with the most total millionaires like New York City and the Bay Area. 

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 are the richest families in the US?

America's richest families, consistently topped by the Walton family (Walmart), followed by the Mars family (candy) and Koch family (energy), derive immense wealth from retail, food, and diversified industries, with other major dynasties including the Cargill-MacMillans, Johnsons, and Pritzker family, often holding fortunes exceeding tens of billions through private and public companies.
 

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.