Culture

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

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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.

city skyline and Chesapeake Bay in Annapolis, Maryland in the afternoon
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Percentage of millionaires in the state: 8.85 %

Poverty rate: 9 %

Median family revenue: $86,738

Unemployment rate: 7.2 %

Unsuccessful Score: 0.26

And for extra locations which might be struggling this 12 months, This Is the Worst State to Live in Right Now.

cityscape photo of Salt Lake City, Utah at dusk
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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

landscape photo of Cottonwood Pass, Colorado in the afternoon
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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.

townscape photo of Portsmouth, New Hampshire at sunset
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Percentage of millionaires in the state: 6.06 %

Poverty rate: 7.3 %

Median family revenue: $77,933

Unemployment rate: 6 %

Unsuccessful Score: 8.48

cityscape photo of Omaha, Nebraska in the afternoon
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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

Church Street in Burlington, Vermont at night.
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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

city skyline and the Passaic River in Newark, New Jersey
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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

And if you need extra state guides to learn, join our day by day e-newsletter.

landscape photo of Shelton, Connecticut in the morning
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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

skyline photo with the Chugach mountains in Anchorage, Alaska at dusk
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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

Minnesota
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Percentage of millionaires in the state: 6.00 %

Poverty rate: 9 %

Median family revenue: $74,593

Unemployment rate: 6 %

Unsuccessful Score: 15.70

city skyline and Lake Michigan at twilight in Milwaukee, Wisconsin
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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

downtown skyline and river in Richmond, Virginia at twilight
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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

cityscape photo Fargo, North Dakota in the afternoon
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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

the Boston Harbor in Boston, Massachusetts at dusk
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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

downtown area of Rapid City, South Dakota in the afternoon
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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

landscape photo of the Devils Tower in Crook County, Wyoming at sunrise
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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

cityscape photo of Des Moines, Iowa at sunset
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Percentage of millionaires in the state: 4.10 %

Poverty rate: 11.2 %

Median family revenue: $61,691

Unemployment rate: 4.7 %

Unsuccessful Score: 30

Lighthouse in Portland, Maine during the evening
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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

cityscape photo of St. Louis, Missouri at dusk
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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

cityscape photo of Wichita, Kansas at dusk
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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

landscape photo of Glacier National Park, Montana in the afternoon
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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

city skyline and Christiana River in Wilmington, Delaware
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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

Pier 66 at dusk in downtown Seattle, Washington
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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

downtown area of Charleston, South Carolina in the afternoon
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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

cityscape photo of Boise, Idaho in the afternoon
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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

USA War Memorials and city skyline in Indianapolis, Indiana at twilight
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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

cityscape photo of Memphis, Tennessee in the afternoon
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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

cityscape photo of Atlanta, Georgia at dusk
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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

cityscape photo of Phoenix, Arizona at night
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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

cityscape photo of Los Angeles, California in the morning
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Percentage of millionaires in the state: 8.51 %

Poverty rate: 11.8 %

Median family revenue: $80,440

Unemployment rate: 11 %

Unsuccessful Score: 52.36

cityscape photo of Daytona Beach, Florida in the afternoon
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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

city skyline on the Colorado River in Austin, Texas at dusk
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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

cityscape photo of Oklahoma City, Oklahoma at dusk
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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

city skyline on the Susquehanna River in Harrisburg, Pennsylvania at dusk
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Percentage of millionaires in the state: 4.75 %

Poverty rate: 12 %

Median family revenue: $63,463

Unemployment rate: 8.1 %

Unsuccessful Score: 60.64

cityscape photo of Eugene, Oregon at dusk
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Percentage of millionaires in the state: 4.12 %

Poverty rate: 11.4 %

Median family revenue: $67,058

Unemployment rate: 8 %

Unsuccessful Score: 60.77

cityscape photo of Birmingham, Alabama at dusk
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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

cityscape photo of Frankfort, Kentucky at dusk
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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

cityscape photo of Raleigh, North Carolina in the afternoon
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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

cityscape photo of Kalamazoo, Michigan in the afternoon
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Percentage of millionaires in the state: 4.82 %

Poverty rate: 13 %

Median family revenue: $59,584

Unemployment rate: 8.5 %

Unsuccessful Score: 69.06

Manhattan Skyline and Brooklyn Bridge in New York, New York in the afternoon
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Percentage of millionaires in the state: 5.25 %

Poverty rate: 13 %

Median family revenue: $72,108

Unemployment rate: 9.7 %

Unsuccessful Score: 71.57

the downtown area and bean in Chicago, Illinois
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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

Castle Hill Lighthouse in Newport, Rhode Island at sunset
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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

city skyline on the Cuyahoga River in Cleveland, Ohio at dusk
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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

cityscape view of Waikiki, Hawaii at sunrise
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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

cityscape photo of Fayetteville, Arkansas in the afternoon
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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

Lamar Life Building in Jackson, Mississippi in the afternoon
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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

buildings and church in the town of Harper's Ferry, West Virginia
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Percentage of millionaires in the state: 3.60 %

Poverty rate: 16 %

Median family revenue: $48,850

Unemployment rate: 8.6 %

Unsuccessful Score: 93.58

street cars in New Orleans, Louisiana in the afternoon
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Percentage of millionaires in the state: 3.79 %

Poverty rate: 19 %

Median family revenue: $51,073

Unemployment rate: 8.1 %

Unsuccessful Score: 95.04

cityscape photo of Santa Fe, New Mexico at dusk
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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

the strip in Las Vegas, Nevada in the afternoon
Shutterstock

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

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