South Carolina 10th poorest state, website says

South Carolina News
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SOUTH CAROLINA (WSPA) — The financial news and opinion website 24/7 Wall St. has named South Carolina the 10th poorest state in the US.

Their report is called “Riches and Poorest States.” You can read it and their methodology here.

They collected data on each state showing its median household income, population, poverty, and unemployment rate.

South Carolina’s data showed:

Median household income: $49,501

Population: 4,961,119 (23rd highest)

2016 Unemployment rate: 4.8% (25th highest)

Poverty rate: 15.3% (14th highest)

There was some good news. Household incomes rose more in SC last year than they did on average across America.

The SC job market is also improving.

They say the Top 10 Poorest States are:

  1. Mississippi
  2. West Virginia
  3. Arkansas
  4. Louisiana
  5. Alabama
  6. Kentucky
  7. New Mexico
  8. Tennessee
  9. Oklahoma
  10. South Carolina

The Top 10 Richest State are:

  1. Maryland
  2. Alaska
  3. New Jersey
  4. Massachusetts
  5. Hawaii
  6. Connecticut
  7. New Hampshire
  8. Virginia
  9. California
  10. Washington

You can click on each state for a detailed breakdown of their income, poverty rate and population.

Copyright 2021 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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