Top 10 List of States with Highest and Lowest Median Income

The U.S. Census Bureau on Thursday released the latest statistics about household incomes.  New Hampshire was the winner with a median income averaging $65,028 annually over the past two years. 

Mississippi posted the lowest median household income of $35,693 per year in 2008 and 2009. Mississippi’s income levels were 45 percent lower than those of New Hampshire, and it had the lowest income of any state. 

Here are the 10 states with the lowest median incomes

  1. Mississippi, $35,693
  2. Arkansas, $37,987
  3. West Virginia, $39,170
  4. Tennessee, $40,034
  5. South Carolina, $41,548
  6. Montana, $41,587
  7. Kentucky, $41,828
  8. Alabama, $42,144
  9. North Carolina, $42,337
  10. Louisiana, $42,423

The 10 states with the highest median incomes were

  1. New Hampshire, $65,028
  2. New Jersey, $64,918
  3. Connecticut, $64,644
  4. Maryland, $63,828
  5. Alaska, $62,675
  6. Virginia, $61,126
  7. Utah, $60,396
  8. Massachusetts, $59,732
  9. Hawaii, $58,469
  10. Washington, $58,404 

Source: CNNMoney.com, Les Christie (09/16/2010)

10 Most Recession-Proof U.S. Cities

The most recession-proof cities didn’t see home prices surge in the first place, says the MetroMonitor, a quarterly report released by Brookings Institute’s Metropolitan Policy Program. 

MetroMonitor identified 21 large metro areas that have enjoyed robust economies and stable labor and housing markets in the last few years. 

“Most of these cities have some general characteristics in common,” says Howard Weil, author of the report and a fellow at the Metropolitan Policy Program. “They didn’t experience huge housing bubbles followed by a crash, and their economies weren’t rooted in the auto industry.” 

The top 10 stable cities identified by MetroMonitor are: 

  1. Albany, N.Y.
  2. Augusta, Ga.
  3. Austin, Texas
  4. Baton Rouge, La.
  5. Buffalo, N.Y.
  6. Columbia, S.C.
  7. Dallas
  8. Des Moines, Iowa
  9. El Paso, Texas
  10. Honolulu

Source: CNNMoney.com, Hibah Yousuf (06/24/2010)