This Is the State Where People Make the Most Money, According to Data

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.

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Average household income: $62,835

Average household income: $63,680

Average household income: $66,557

Average household income: $69,077

Average household income: $69,842

Average household income: $70,144

Average household income: $71,001

Average household income: $72,695

Average household income: $73,520

Average household income: $73,810

Average household income: $74,190

Average household income: $74,750

Average household income: $75,025

Average household income: $76,060

Average household income: $76,227

Average household income: $76,240

Average household income: $76,940

Average household income: $76,958

Average household income: $78,400

Average household income: $78,411

Average household income: $80,009

Average household income: $80,208

Average household income: $80,286

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Average household income: $80,674

Average household income: $80,779

Average household income: $81,233

Average household income: $81,496

Average household income: $81,880

Average household income: $82,406

Average household income: $84,258

Average household income: $84,849

Average household income: $85,476

Average household income: $87,260

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Average household income: $89,093

Average household income: $90,092

Average household income: $91,292

Average household income: $92,395

Average household income: $93,925

Average household income: $96,970

Average household income: $98,606

Average household income: $98,983

Average household income: $99,165

Average household income: $101,746

Average household income: $101,945

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Average household income: $103,780

Average household income: $106,916

Average household income: $111,417

Average household income: $111,498

Average household income: $113,031

Average household income: $114,691

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