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Reply to "America’s Richest (and Poorest) States"

Hartford, Connecticut

5. Connecticut
> Median household income: $71,346
> Population: 3,590,886 (22nd lowest)
> 2015 Unemployment rate: 5.6% (18th highest)
> Poverty rate: 10.5% (6th lowest)

A typical Connecticut household earns $71,346 in a year, considerably higher than the national median income of $55,775. With such high incomes, residents are better able to afford more expensive homes. Connecticut’s median home value of $270,900 is among the highest nationwide. A portion of every state’s population is extremely wealthy, and the share of such high earners is especially large in Connecticut. More than one in 10 households earn $200,000 or more a year. Connecticut’s relatively high education attainment rate partially accounts for the high incomes in the area. More than 38.3% of adults have at least a bachelor’s degree compared to 30.6% nationally.

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