This Is the Least Successful State in the U.S.

Success—or an absence thereof—can typically be in the eye of the beholder. While some individuals see money and materials wealth as the primary definition of success, others may level to extra intangible issues, like one’s happiness or sense of achievement. But in relation to figuring out whether or not a state as an entire is kind of profitable than others, it is necessary to make use of the most up-to-date and measurable information factors out there. To begin, we checked out the ratio of millionaires to total households in the state, compiled by Phoenix Marketing International, in addition to the median household income, in response to the U.S. Census (the decrease these numbers, the much less profitable the state was thought-about). We mixed these metrics with those who indicated financial challenges, together with which states had the highest poverty rate, per the U.S. Census, and highest unemployment rate, in response to the Bureau of Labor Statistics. Taking all of those numbers under consideration, we got here up with a remaining “Unsuccessful Score” for every state.

In the finish, the state that is struggling the most might shock you. Though it’s recognized for its glitz and glamour, this western state has seen many setbacks, particularly in 2020. It has an especially excessive poverty rate and considered one of the worst unemployment charges in the nation. Additionally, the median family revenue is barely round $63,000, which is a staggering $23,000 lower than the most profitable state. To discover out which state fared the worst, scroll via our rating from the most profitable to the least profitable states. And for extra state rivalries, This Is the Most Hated State in America.

Percentage of millionaires in the state: 8.85 %

Poverty rate: 9 %

Median family revenue: $86,738

Unemployment rate: 7.2 %

Unsuccessful Score: 0.26

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Percentage of millionaires in the state: 6.39 %

Poverty rate: 8.9 %

Median family revenue: $75,780

Unemployment rate: 5 %

Unsuccessful Score: 1.89

Percentage of millionaires in the state: 7.48 %

Poverty rate: 9.3 %

Median family revenue: $77,127

Unemployment rate: 6.4 %

Unsuccessful Score: 8.24

And for extra states that would look higher, This Is the Ugliest State in the U.S.

Percentage of millionaires in the state: 6.06 %

Poverty rate: 7.3 %

Median family revenue: $77,933

Unemployment rate: 6 %

Unsuccessful Score: 8.48

Percentage of millionaires in the state: 4.74 %

Poverty rate: 9.9 %

Median family revenue: $63,229

Unemployment rate: 3.5 %

Unsuccessful Score: 8.54

Percentage of millionaires in the state: 5.79 %

Poverty rate: 10.2 %

Median family revenue: $63,001

Unemployment rate: 4.2 %

Unsuccessful Score: 8.67

Percentage of millionaires in the state: 6.69 %

Poverty rate: 9.2 %

Median family revenue: $85,751

Unemployment rate: 6.7 %

Unsuccessful Score: 12.55

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Percentage of millionaires in the state: 8.89 %

Poverty rate: 10 %

Median family revenue: $78,833

Unemployment rate: 7.8 %

Unsuccessful Score: 12.91

Percentage of millionaires in the state: 8.18 %

Poverty rate: 10.1 %

Median family revenue: $75,463

Unemployment rate: 7.2 %

Unsuccessful Score: 14.22

Percentage of millionaires in the state: 6.00 %

Poverty rate: 9 %

Median family revenue: $74,593

Unemployment rate: 6 %

Unsuccessful Score: 15.70

Percentage of millionaires in the state: 5.83 %

Poverty rate: 10.4 %

Median family revenue: $64,168

Unemployment rate: 5.4 %

Unsuccessful Score: 20.39

Percentage of millionaires in the state: 5.45 %

Poverty rate: 9.9 %

Median family revenue: $76,456

Unemployment rate: 6.2 %

Unsuccessful Score: 23.6

Percentage of millionaires in the state: 3.73 %

Poverty rate: 10.6 %

Median family revenue: $64,577

Unemployment rate: 4.4 %

Unsuccessful Score: 26.54

Percentage of millionaires in the state: 8.60 %

Poverty rate: 9.4 %

Median family revenue: $85,843

Unemployment rate: 9.6 %

Unsuccessful Score: 27.78

Percentage of millionaires in the state: 3.89 %

Poverty rate: 11.9 %

Median family revenue: $59,533

Unemployment rate: 4.1 %

Unsuccessful Score: 28.76

Percentage of millionaires in the state: 5.45 %

Poverty rate: 10.1 %

Median family revenue: $65,003

Unemployment rate: 6.1 %

Unsuccessful Score: 28.92

Percentage of millionaires in the state: 4.10 %

Poverty rate: 11.2 %

Median family revenue: $61,691

Unemployment rate: 4.7 %

Unsuccessful Score: 30

Percentage of millionaires in the state: 5.60 %

Poverty rate: 10.9 %

Median family revenue: $58,924

Unemployment rate: 6.1 %

Unsuccessful Score: 33.24

Percentage of millionaires in the state: 4.43 %

Poverty rate: 12.9 %

Median family revenue: $57,409

Unemployment rate: 4.9 %

Unsuccessful Score: 36.77

Percentage of millionaires in the state: 4.48 %

Poverty rate: 11.4 %

Median family revenue: $62,087

Unemployment rate: 5.9 %

Unsuccessful Score: 39.56

Percentage of millionaires in the state: 4.30 %

Poverty rate: 12.6 %

Median family revenue: $57,153

Unemployment rate: 5.3 %

Unsuccessful Score: 40.97

Percentage of millionaires in the state: 6.70 %

Poverty rate: 11.3 %

Median family revenue: $70,176

Unemployment rate: 8.2 %

Unsuccessful Score: 41.56

Percentage of millionaires in the state: 4.86 %

Poverty rate: 9.8 %

Median family revenue: $78,687

Unemployment rate: 7.8 %

Unsuccessful Score: 42.61

Percentage of millionaires in the state: 4.08 %

Poverty rate: 13.8 %

Median family revenue: $56,227

Unemployment rate: 5.1 %

Unsuccessful Score: 44.69

Percentage of millionaires in the state: 3.76 %

Poverty rate: 11.2 %

Median family revenue: $60,999

Unemployment rate: 6.1 %

Unsuccessful Score: 46.9

Percentage of millionaires in the state: 4.23 %

Poverty rate: 11.9 %

Median family revenue: $57,603

Unemployment rate: 6.2 %

Unsuccessful Score: 48.17

Percentage of millionaires in the state: 5.21 %

Poverty rate: 13.9 %

Median family revenue: $56,071

Unemployment rate: 6.3 %

Unsuccessful Score: 48.59

Percentage of millionaires in the state: 4.67 %

Poverty rate: 13.3 %

Median family revenue: $61,980

Unemployment rate: 6.4 %

Unsuccessful Score: 48.89

Percentage of millionaires in the state: 4.78 %

Poverty rate: 13.5 %

Median family revenue: $62,055

Unemployment rate: 6.7 %

Unsuccessful Score: 51.62

Percentage of millionaires in the state: 8.51 %

Poverty rate: 11.8 %

Median family revenue: $80,440

Unemployment rate: 11 %

Unsuccessful Score: 52.36

Percentage of millionaires in the state: 5.47 %

Poverty rate: 12.7 %

Median family revenue: $59,227

Unemployment rate: 7.6 %

Unsuccessful Score: 54.46

Percentage of millionaires in the state: 6.32 %

Poverty rate: 13.6 %

Median family revenue: $64,034

Unemployment rate: 8.3 %

Unsuccessful Score: 55.38

Percentage of millionaires in the state: 3.51 %

Poverty rate: 15.2 %

Median family revenue: $54,449

Unemployment rate: 5.3 %

Unsuccessful Score: 56.05

Percentage of millionaires in the state: 4.75 %

Poverty rate: 12 %

Median family revenue: $63,463

Unemployment rate: 8.1 %

Unsuccessful Score: 60.64

Percentage of millionaires in the state: 4.12 %

Poverty rate: 11.4 %

Median family revenue: $67,058

Unemployment rate: 8 %

Unsuccessful Score: 60.77

Percentage of millionaires in the state: 4.87 %

Poverty rate: 15.5 %

Median family revenue: $51,734

Unemployment rate: 6.6 %

Unsuccessful Score: 61.11

Percentage of millionaires in the state: 3.71 %

Poverty rate: 16.3 %

Median family revenue: $52,295

Unemployment rate: 5.6 %

Unsuccessful Score: 61.93

Percentage of millionaires in the state: 3.87 %

Poverty rate: 13.6 %

Median family revenue: $57,341

Unemployment rate: 7.3 %

Unsuccessful Score: 67.1

Percentage of millionaires in the state: 4.82 %

Poverty rate: 13 %

Median family revenue: $59,584

Unemployment rate: 8.5 %

Unsuccessful Score: 69.06

Percentage of millionaires in the state: 5.25 %

Poverty rate: 13 %

Median family revenue: $72,108

Unemployment rate: 9.7 %

Unsuccessful Score: 71.57

Percentage of millionaires in the state: 5.50 %

Poverty rate: 11.5 %

Median family revenue: $69,187

Unemployment rate: 10.2 %

Unsuccessful Score: 71.66

Percentage of millionaires in the state: 5.32 %

Poverty rate: 10.8 %

Median family revenue: $71,169

Unemployment rate: 10.5 %

Unsuccessful Score: 72.92

Percentage of millionaires in the state: 3.89 %

Poverty rate: 13.1 %

Median family revenue: $58,642

Unemployment rate: 8.4 %

Unsuccessful Score: 75.80

Percentage of millionaires in the state: 9.20 %

Poverty rate: 9.3 %

Median family revenue: $83,102

Unemployment rate: 15.1 %

Unsuccessful Score: 79.35

Percentage of millionaires in the state: 3.71 %

Poverty rate: 16.2 %

Median family revenue: $48,952

Unemployment rate: 7.3 %

Unsuccessful Score: 80.3

Percentage of millionaires in the state: 3.94 %

Poverty rate: 19.6 %

Median family revenue: $45,792

Unemployment rate: 7.1 %

Unsuccessful Score: 88.35

Percentage of millionaires in the state: 3.60 %

Poverty rate: 16 %

Median family revenue: $48,850

Unemployment rate: 8.6 %

Unsuccessful Score: 93.58

Percentage of millionaires in the state: 3.79 %

Poverty rate: 19 %

Median family revenue: $51,073

Unemployment rate: 8.1 %

Unsuccessful Score: 95.04

Percentage of millionaires in the state: 4.07 %

Poverty rate: 18.2 %

Median family revenue: $51,945

Unemployment rate: 9.4 %

Unsuccessful Score: 103.1

Percentage of millionaires in the state: 5.13 %

Poverty rate: 12.5 %

Median family revenue: $63,276

Unemployment rate: 12.6 %

Unsuccessful Score: 104.39