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Wednesday, April 13, 2011
10 Best and Worst States to Make a Living
The best, according to MoneyRates, is ...
1. Illinois: The adjusted average income is $41,987, thanks to reasonably high average wages, relatively low state income taxes and a reasonable cost of living.
2. Washington (state): The cost of living is higher than average, but so is the average wage and the state imposes no income tax. Adjusted average income: $41,456.
3. Texas: Also benefits from no state income tax. Adjusted average income: $41,427
4. Virginia: $41,120
5. Delaware: $39,105
6. Massachusetts: $38,665
7. Georgia: $38,228
8. Tennessee: $38,038
9. Colorado: $38,020
10. Minnesota: $37,721
Where are the worst states to make a living?
1. Hawaii: $22,108
2. Maine: $29,159
3. Montana: $29,496
4. California: $29,772
5. Vermont: $29,986
6. Oregon: $30,343
7. Rhode Island: $30,612
8. Mississippi: $30,953
9. West Virginia: 31,357
10. South Carolina: $31,636
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