Economic indicators by state
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Economic indicators for the fifty states and the District of Columbia.
Broadly defined, a healthy economy is typically one that has a stable and strong rate of economic growth (gross state product, in this case) and low unemployment, among many other factors. The table below displays and compares some of those most important economic indicators for the fifty states and the District of Columbia.
Note: Gross state product (GSP) on its own is not necessarily an indicator of economic health; GSP may also be influenced by state population size. Many factors must be looked at together to assess state economic health.
Various economic indicators by state | ||||||||
---|---|---|---|---|---|---|---|---|
State | Distribution of population by FPL* (2013) | Median annual income (2011-2013) | Unemployment rate | Total GSP (2013)† | ||||
Under 100% | 100-199% | 200-399% | 400%+ | Sept. 2013 | Sept. 2014 | |||
Alabama | 17% | 22% | 33% | 28% | $43,330 | 6.4% | 6.6% | $193,566 |
Alaska | 11% | 16% | 29% | 44% | $61,749 | 6.6% | 6.8% | $59,355 |
Arizona | 20% | 23% | 25% | 31% | $49,698 | 8% | 6.9% | $279,024 |
Arkansas | 17% | 26% | 33% | 24% | $40,877 | 7.7% | 6.2% | $124,218 |
California | 15% | 21% | 28% | 36% | $57,161 | 8.8% | 7.3% | $2,202,678 |
Colorado | 11% | 17% | 29% | 44% | $61,634 | 6.6% | 4.7% | $294,443 |
Connecticut | 11% | 13% | 26% | 50% | $67,807 | 7.7% | 6.4% | $249,251 |
Delaware | 14% | 18% | 31% | 36% | $54,377 | 6.6% | 6.5% | $62,703 |
Washington, D.C. | 21% | 14% | 21% | 44% | $61,229 | 8.2% | 7.7% | $113,362 |
Florida | 15% | 20% | 32% | 32% | $47,106 | 6.9% | 6.1% | $800,492 |
Georgia | 16% | 21% | 32% | 31% | $47,753 | 8% | 7.9% | $454,532 |
Hawaii | 11% | 16% | 35% | 38% | $60,814 | 4.7% | 4.2% | $75,235 |
Idaho | 13% | 25% | 34% | 29% | $49,952 | 6% | 4.5% | $62,247 |
Illinois | 13% | 17% | 31% | 39% | $54,083 | 9.1% | 6.6% | $720,692 |
Indiana | 12% | 23% | 31% | 35% | $48,178 | 7.3% | 5.7% | $317,102 |
Iowa | 11% | 18% | 35% | 36% | $53,364 | 4.5% | 4.6% | $165,767 |
Kansas | 13% | 18% | 34% | 34% | $49,804 | 5.3% | 4.8% | $144,062 |
Kentucky | 20% | 22% | 30% | 28% | $42,260 | 8.3% | 6.7% | $183,373 |
Louisiana | 19% | 22% | 29% | 29% | $40,844 | 6% | 6% | $253,576 |
Maine | 12% | 20% | 31% | 37% | $50,668 | 6.6% | 5.8% | $54,755 |
Maryland | 10% | 16% | 28% | 46% | $69,518 | 6.5% | 6.3% | $342,382 |
Massachusetts | 12% | 15% | 24% | 49% | $64,555 | 7.2% | 6% | $446,323 |
Michigan | 15% | 19% | 30% | 37% | $49,902 | 8.8% | 7.2% | $432,573 |
Minnesota | 12% | 14% | 28% | 46% | $59,847 | 4.9% | 4.1% | $312,081 |
Mississippi | 23% | 20% | 29% | 28% | $40,338 | 8.4% | 7.7% | $105,163 |
Missouri | 14% | 17% | 32% | 38% | $49,290 | 6.4% | 6.3% | $276,345 |
Montana | 15% | 19% | 35% | 31% | $43,924 | 5.6% | 4.6% | $44,040 |
Nebraska | 11% | 17% | 36% | 36% | $55,107 | 3.9% | 3.6% | $109,614 |
Nevada | 17% | 26% | 28% | 29% | $49,204 | 9.6% | 7.3% | $132,024 |
New Hampshire | 9% | 13% | 29% | 49% | $69,888 | 5.2% | 4.3% | $67,848 |
New Jersey | 11% | 15% | 28% | 46% | $65,321 | 7.9% | 6.5% | $543,071 |
New Mexico | 22% | 20% | 28% | 30% | $44,472 | 6.9% | 6.6% | $92,245 |
New York | 15% | 20% | 26% | 39% | $51,962 | 7.5% | 6.2% | $1,310,712 |
North Carolina | 19% | 21% | 32% | 28% | $44,254 | 7.7% | 6.7% | $471,365 |
North Dakota | 10% | 17% | 33% | 40% | $55,583 | 2.8% | 2.8% | $56,329 |
Ohio | 14% | 21% | 33% | 32% | $46,672 | 7.4% | 5.6% | $565,272 |
Oklahoma | 14% | 24% | 31% | 31% | $47,282 | 5.6% | 4.7% | $182,086 |
Oregon | 15% | 19% | 31% | 35% | $54,066 | 7.6% | 7.1% | $219,590 |
Pennsylvania | 13% | 17% | 30% | 40% | $52,481 | 7.3% | 5.7% | $644,915 |
Rhode Island | 14% | 20% | 25% | 42% | $55,158 | 9.5% | 7.6% | $53,184 |
South Carolina | 16% | 19% | 35% | 30% | $43,716 | 7.3% | 6.6% | $183,561 |
South Dakota | 11% | 17% | 35% | 37% | $50,488 | 3.7% | 3.4% | $46,732 |
Tennessee | 18% | 20% | 34% | 28% | $42,785 | 8.2% | 7.3% | $287,633 |
Texas | 17% | 20% | 31% | 32% | $51,752 | 6.3% | 5.2% | $1,532,623 |
Utah | 8% | 20% | 36% | 36% | $60,053 | 4.3% | 3.5% | $141,240 |
Vermont | 9% | 19% | 31% | 40% | $56,175 | 4.5% | 4.4% | $29,509 |
Virginia | 11% | 15% | 26% | 48% | $65,635 | 5.5% | 5.5% | $452,585 |
Washington | 12% | 19% | 28% | 41% | $60,520 | 6.9% | 5.7% | $408,049 |
West Virginia | 18% | 22% | 33% | 27% | $43,361 | 6.4% | 6.6% | $73,970 |
Wisconsin | 11% | 15% | 31% | 42% | $54,205 | 6.6% | 5.5% | $282,486 |
Wyoming | 12% | 18% | 31% | 39% | $56,569 | 4.6% | 4.7% | $45,432 |
United States | 15% | 19% | 30% | 36% | $52,047 | 7.2% | 5.9% | $16,701,415 |
* Federal Poverty Level. "The U.S. Census Bureau's poverty threshold for a family with two adults and one child was $18,751 in 2013. This is the official measurement of poverty used by the Federal Government." † In millions of current dollars. "Gross State Product is a measurement of a state's output; it is the sum of value added from all industries in the state." Source: The Henry J. Kaiser Family Foundation, "State Health Facts" |