Happy New Year! With fresh starts in mind – hiring is up with the lowest unemployment rate in close to fifty years yet single-family housing starts are on a slight downward trend, for instance – the personal-finance website WalletHub today released its report on 2019’s Best & Worst States to Raise a Family as well as accompanying videos.
To determine the best states in which to put down family roots, WalletHub compared the 50 states across 49 key indicators of family-friendliness. The data set ranges from median family salary to housing affordability to unemployment rate.
Best vs. Worst
- Minnesota has the highest median family annual income (adjusted for cost of living), $82,951, which is 1.5 times higher than in New York, where it is lowest at $54,440.
- Utah has the lowest divorce rate, 15.88 percent, which is 1.6 times lower than in Nevada, where it is highest at 26.19 percent.
- New Hampshire has the lowest share of families living in poverty, 5.0 percent, which is 3.3 times lower than in Mississippi, where it is highest at 16.6 percent.
- Mississippi has the lowest average annual cost of early childcare (adjusted for median family income), 6.06 percent, which is 2.9 times lower than in Nebraska, where it is highest at 17.29 percent.
- Maine has the fewest violent crimes (per 1,000 residents), 1.21, which is 6.9 times fewer than in Alaska, the state with the most at 8.29.
To view the full report and your state’s rank, please visit:
Please let me know if you have any questions or if you would like to schedule a phone, Skype or in-studio interview with one of our experts. Feel free to embed this YouTube videosummarizing the study on your website. You can also use or edit these raw files as you see fit. Full data sets for specific states are also available upon request.