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7th Richest State With Well-distributed Wealth

At least according to 27/7 Wall St., which has reviewed the recently released U.S. Census data and had this to say in summary:

Massachusetts has vibrant education and health care industries, both of which contribute to the above-average incomes for its residents. The state has among the most well-distributed wealth in the country. Unlike Colorado, which is characterized by extremely poor rural areas and extremely wealthy suburbs, nearly every county in Massachusetts exceeds the national median income of $50,221. As evidence of the even distribution of wealth, the state’s wealthiest county, Norfolk, has a median household income of just under $80,000. Though high, it is not even in the top 25 wealthiest counties in the U.S.

New Hampshire came back as the richest state, which as the summary points out, should be no surprise given that has managed to glean all the benefits of close proximity to the economic dynamo that is Greater Boston, while not taking on any of costs. A good deal, that one.

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