This Is the State Where People Make the Most Money, According to Data
People who live here have the highest average annual income.

Have you ever wondered how your and your spouse's salary stack up against what your peers take home each year? Well, according to a new report from financial site GOBankingRates, the average annual household income in the United States is $88,607. And while that figure is a good benchmark for comparison, earnings tend to vary pretty significantly depending on where you live. For example, the difference in average household income between the state where people make the most money in the U.S. and the state where they make the least is nearly $52,000. That's why if you really want to get a more accurate idea of how the money you're bringing home compares to your neighbors' earnings, it's best to look at data on a state level.
To determine the average annual household income in every state, the experts at GOBankingRates conducted research using five-year estimates from the U.S. Census Bureau's 2019 American Community Survey. Read on to discover how much money people make on average in your state in our ranking, counting down from the lowest annual household income to the highest.
RELATED: This Is How Much Money Makes You Middle Class in Your State, Data Shows.
50
Mississippi

Average household income: $62,835
49
West Virginia

Average household income: $63,680
48
Arkansas

Average household income: $66,557
47
New Mexico

Average household income: $69,077
46
Alabama

Average household income: $69,842
45
Kentucky

Average household income: $70,144
44
Louisiana

Average household income: $71,001
43
Oklahoma

Average household income: $72,695
42
South Carolina

Average household income: $73,520
41
Idaho

Average household income: $73,810
40
Montana

Average household income: $74,190
39
Tennessee

Average household income: $74,750
38
Indiana

Average household income: $75,025
37
Missouri

Average household income: $76,060
36
Maine

Average household income: $76,227
35
South Dakota

Average household income: $76,240
34
North Carolina

Average household income: $76,940
33
Ohio

Average household income: $76,958
32
Michigan

Average household income: $78,400
31
Iowa

Average household income: $78,411
30
Kansas

Average household income: $80,009
29
Nebraska

Average household income: $80,208
28
Florida

Average household income: $80,286
RELATED: This Is How Much Money Makes You Rich in Your State, According to Data.
27
Wisconsin

Average household income: $80,674
26
Arizona

Average household income: $80,779
25
Vermont

Average household income: $81,233
24
Nevada

Average household income: $81,496
23
Wyoming

Average household income: $81,880
22
Georgia

Average household income: $82,406
21
Oregon

Average household income: $84,258
20
Pennsylvania

Average household income: $84,849
19
North Dakota

Average household income: $85,476
18
Texas

Average household income: $87,260
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17
Rhode Island

Average household income: $89,093
16
Delaware

Average household income: $90,092
15
Utah

Average household income: $91,292
14
Illinois

Average household income: $92,395
13
Minnesota

Average household income: $93,925
12
Colorado

Average household income: $96,970
11
Alaska

Average household income: $98,606
10
Washington

Average household income: $98,983
9
New Hampshire

Average household income: $99,165
8
Virginia

Average household income: $101,746
7
New York

Average household income: $101,945
RELATED: This Is How Much Money People Your Age Make on Average, Data Shows.
6
Hawaii

Average household income: $103,780
5
California

Average household income: $106,916
4
Maryland

Average household income: $111,417
3
Massachusetts

Average household income: $111,498
2
Connecticut

Average household income: $113,031
1
New Jersey

Average household income: $114,691
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