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31 Delaware +4.7%
32 South Carolina +4.7%
33 Virginia +4.7%
34 West Virginia +4.6%
35 Rhode Island +4.6%
36 Ohio +4.6%
37 New Mexico +4.5%
38 Hawaii +4.5%
39 New York +4.4%
40 North Carolina +4.3%
41 Vermont +4.3%
42 Kansas +4.3%
43 Arkansas +4.3%
44 New Jersey +4.4%
46 Alaska +4.2%
47 Nevada +4.1%
48 Mississippi +3.8%
49 Alabama +3.8%
50 Maine +3.4%
It's worth looking at the per capita data, as well. The data shown in OP is the aggregate, so population growth is affects it as well.
That bodes ill for the south: most southern states were middling at best in the total income growth despite fast population growth. Florida, North Carolina, Alabama, Mississippi, and Arkansas would all be bottom fifth, and Georgia, South Carolina, and Virginia would be next-to-bottom, using a per capita measure.
It's worth looking at the per capita data, as well. The data shown in OP is the aggregate, so population growth is affects it as well.
That bodes ill for the south: most southern states were middling at best in the total income growth despite fast population growth. Florida, North Carolina, Alabama, Mississippi, and Arkansas would all be bottom fifth, and Georgia, South Carolina, and Virginia would be next-to-bottom, using a per capita measure.
It's also worth noting that year to year snap shots can be a bit deceiving coming out of this massive recession. The negative effects of the recession that started in 2008 started affecting different states at different times so some states are further along in their recovery than others. This is a one year snapshot too so it can be skewed kinda like a similar study that rated metro area income growth that ranked New Orleans #1 in income growth due heavily to simply rapidly recovering back to normal after Katrina. I'm not trying to pick on New Orleans but they were dead last in 25 year income growth in a study that looked at income growth from 1980-2005 so 1 year snapshots can be tricky.
Maine's woes are probably the result of an aging population and brain drain. Whatever Mississippi and Alabama are doing ain't working.
Iowa's second places showing is a shocker. I had no idea that their economy ramped up.
Good to see Michigan making a comeback.
Could the South's per capita problems be the result of down and out folks from outside the region relocating there as their most viable option? When you're close to flat busted, you're not going to relocate to a high cost state.
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