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<p>Richest and poorest states<br>
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<p>The U.S. Census Bureau released on Wednesday new data from its
2016 annual population survey — with largely positive findings.
Most notable among the survey’s findings is the significant
increase in U.S. median household income between 2014 and 2016 —
more than in any two-year period on record.</p>
<p>Not only did incomes go up nationwide, but the share of uninsured
Americans and the share of Americans facing serious financial
hardship declined. This year’s data release marks the first time
in nearly three decades that income, health insurance coverage,
and poverty all improved for two consecutive years.</p>
<p>Despite such improvements on the national scale, income
inequality in the U.S. remains high and incomes vary dramatically
from state to state. 24/7 Wall St. ranked all 50 states according
to the newly released median household income figures. Many of the
poorest states in the country are concentrated in the South, while
many of the wealthiest are coastal states in the West,
mid-Atlantic, and Northeast regions. The typical household in the
wealthiest state earns over $37,000 more a year than the typical
household in the poorest state.</p>
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<div class="wp-caption aligncenter"
src="https://247wallst.files.wordpress.com/2015/11/boise-city-idaho-e1448305514958.jpg"
alt="" width="645" height="363"
data-credit="Thinkstock" data-id="300542"
data-caption" style="width: 655px"><img class="aligncenter
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src="https://247wallst.files.wordpress.com/2015/11/boise-city-idaho-e1448305514958.jpg?w=645&h=363"
alt="" data-credit="Thinkstock" data-id="300542" data-caption=""
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<div class="wallst_image_source"><span>Source:</span> Thinkstock</div>
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<p><strong>36. Idaho</strong><br>
<strong>> Median household income:</strong> $51,807<br>
<strong>> Population:</strong> 1,683,140 (12th lowest)<br>
<strong>> 2016 Unemployment rate:</strong> 3.8% (11th lowest)<br>
<strong>> Poverty rate:</strong> 14.4% (19th highest)</p>
<p>Though Idaho’s 2016 median household income remains lower than in
most states, it improved more than in nearly any other state. The
typical household in the state earned $51,807 in 2016, over $3,000
more than the year before — more than double the $1,340 increase
in median household income nationwide over the same period.</p>
<p>Strong job growth and lower than typical unemployment in the
state may partially explain the improvement. The state’s
unemployment fell from 4.2% in 2015 to 3.8% in 2016. In
comparison, the U.S. unemployment rate fell from 5.3% to 4.9% over
the same period.</p>
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<p><b><a class="moz-txt-link-freetext" href="https://tinyurl.com/y8j883yx">https://tinyurl.com/y8j883yx</a> <br>
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<p><b>Ken</b></p>
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