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BUSINESS

13 states where incomes are booming

24/7 Wall Street
24/7 Wall St. analyzed federal labor and economic data, as well as census data, to identify the 13 states where incomes are booming. In each of these states, personal income per capita outpaced the national average of a 14.3% increase to $49,627 in 2018.
24/7 Wall St. analyzed federal labor and economic data, as well as census data, to identify the 13 states where incomes are booming. In each of these states, personal income per capita outpaced the national average of a 14.3% increase to $49,627 in 2018.
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13. Arkansas • Personal income per capita growth (2008-2018): +16.0% • Personal income per capita: $39,329 (6th lowest) • Employment growth (2008-2018): 0.1% (the smallest increase) • GDP growth (2008-2017): 7.7% (15th smallest increase)
13. Arkansas
• Personal income per capita growth (2008-2018): +16.0%
• Personal income per capita: $39,329 (6th lowest)
• Employment growth (2008-2018): 0.1% (the smallest increase)
• GDP growth (2008-2017): 7.7% (15th smallest increase)
Sean Pavone / Getty Images
12. Utah • Personal income per capita growth (2008-2018): +16.0% • Personal income per capita: $41,892 (10th lowest) • Employment growth (2008-2018): 15.2% (4th largest increase) • GDP growth (2008-2017): 21.5% (5th largest increase)
12. Utah
• Personal income per capita growth (2008-2018): +16.0%
• Personal income per capita: $41,892 (10th lowest)
• Employment growth (2008-2018): 15.2% (4th largest increase)
• GDP growth (2008-2017): 21.5% (5th largest increase)
Bill_Dally / IStock
11. Montana • Personal income per capita growth (2008-2018): +16.3% • Personal income per capita: $43,536 (17th lowest) • Employment growth (2008-2018): 5.2% (24th largest increase) • GDP growth (2008-2017): 10.6% (23rd largest increase)
11. Montana
• Personal income per capita growth (2008-2018): +16.3%
• Personal income per capita: $43,536 (17th lowest)
• Employment growth (2008-2018): 5.2% (24th largest increase)
• GDP growth (2008-2017): 10.6% (23rd largest increase)
Locosteve / Flickr
10. Michigan • Personal income per capita growth (2008-2018): +16.3% • Personal income per capita: $43,963 (19th lowest) • Employment growth (2008-2018): 3.7% (15th smallest increase) • GDP growth (2008-2017): 10.1% (25th largest increase)
10. Michigan
• Personal income per capita growth (2008-2018): +16.3%
• Personal income per capita: $43,963 (19th lowest)
• Employment growth (2008-2018): 3.7% (15th smallest increase)
• GDP growth (2008-2017): 10.1% (25th largest increase)
SolomonCrowe / Getty Images
9. North Dakota • Personal income per capita growth (2008-2018): +16.3% • Personal income per capita: $50,176 (18th highest) • Employment growth (2008-2018): 9.6% (15th largest increase) • GDP growth (2008-2017): 48.7% (the largest increase)
9. North Dakota
• Personal income per capita growth (2008-2018): +16.3%
• Personal income per capita: $50,176 (18th highest)
• Employment growth (2008-2018): 9.6% (15th largest increase)
• GDP growth (2008-2017): 48.7% (the largest increase)
DenisTangneyJr / Getty Images
8. Colorado • Personal income per capita growth (2008-2018): +16.4% • Personal income per capita: $52,522 (13th highest) • Employment growth (2008-2018): 15.8% (3rd largest increase) • GDP growth (2008-2017): 20.8% (6th largest increase)
8. Colorado
• Personal income per capita growth (2008-2018): +16.4%
• Personal income per capita: $52,522 (13th highest)
• Employment growth (2008-2018): 15.8% (3rd largest increase)
• GDP growth (2008-2017): 20.8% (6th largest increase)
Creative-Family / Getty Images
7. New Hampshire • Personal income per capita growth (2008-2018): +16.4% • Personal income per capita: $56,735 (7th highest) • Employment growth (2008-2018): 4.0% (25th largest increase) • GDP growth (2008-2017): 14.4% (16th largest increase)
7. New Hampshire
• Personal income per capita growth (2008-2018): +16.4%
• Personal income per capita: $56,735 (7th highest)
• Employment growth (2008-2018): 4.0% (25th largest increase)
• GDP growth (2008-2017): 14.4% (16th largest increase)
DenisTangneyJr / Getty Images
6. Tennessee • Personal income per capita growth (2008-2018): +17.2% • Personal income per capita: $43,591 (18th lowest) • Employment growth (2008-2018): 9.7% (14th largest increase) • GDP growth (2008-2017): 15.9% (12th largest increase)
6. Tennessee
• Personal income per capita growth (2008-2018): +17.2%
• Personal income per capita: $43,591 (18th lowest)
• Employment growth (2008-2018): 9.7% (14th largest increase)
• GDP growth (2008-2017): 15.9% (12th largest increase)
Sean Pavone / Getty Images
5. Oregon • Personal income per capita growth (2008-2018): +17.3% • Personal income per capita: $46,112 (25th highest) • Employment growth (2008-2018): 10.4% (11th largest increase) • GDP growth (2008-2017): 19.4% (8th largest increase)
5. Oregon
• Personal income per capita growth (2008-2018): +17.3%
• Personal income per capita: $46,112 (25th highest)
• Employment growth (2008-2018): 10.4% (11th largest increase)
• GDP growth (2008-2017): 19.4% (8th largest increase)
Jeffrey Johnson From Bergen County, New Jersey, USA / Wikimedia Commons
4. Massachusetts • Personal income per capita growth (2008-2018): +17.6% • Personal income per capita: $64,744 (2nd highest) • Employment growth (2008-2018): 12.8% (6th largest increase) • GDP growth (2008-2017): 18.8% (10th largest increase)
4. Massachusetts
• Personal income per capita growth (2008-2018): +17.6%
• Personal income per capita: $64,744 (2nd highest)
• Employment growth (2008-2018): 12.8% (6th largest increase)
• GDP growth (2008-2017): 18.8% (10th largest increase)
Sean Pavone / Getty Images
3. Washington • Personal income per capita growth (2008-2018): +18.7% • Personal income per capita: $56,158 (8th highest) • Employment growth (2008-2018): 10.1% (13th largest increase) • GDP growth (2008-2017): 25.8% (3rd largest increase)
3. Washington
• Personal income per capita growth (2008-2018): +18.7%
• Personal income per capita: $56,158 (8th highest)
• Employment growth (2008-2018): 10.1% (13th largest increase)
• GDP growth (2008-2017): 25.8% (3rd largest increase)
RomanKhomlyak / Getty Images
2. New York • Personal income per capita growth (2008-2018): +23.8% • Personal income per capita: $63,445 (3rd highest) • Employment growth (2008-2018): 0.5% (4th smallest increase) • GDP growth (2008-2017): 20.3% (7th largest increase)
2. New York
• Personal income per capita growth (2008-2018): +23.8%
• Personal income per capita: $63,445 (3rd highest)
• Employment growth (2008-2018): 0.5% (4th smallest increase)
• GDP growth (2008-2017): 20.3% (7th largest increase)
Ultima_Gaina / Getty Images
1. California • Personal income per capita growth (2008-2018): +24.1% • Personal income per capita: $57,826 (6th highest) • Employment growth (2008-2018): 10.3% (12th largest increase) • GDP growth (2008-2017): 22.0% (4th largest increase)
1. California
• Personal income per capita growth (2008-2018): +24.1%
• Personal income per capita: $57,826 (6th highest)
• Employment growth (2008-2018): 10.3% (12th largest increase)
• GDP growth (2008-2017): 22.0% (4th largest increase)
Robert Campbell / Wikimedia Commons
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