Missouri Ranks # 23 For Highest Average Income Across The Nation

How does the State of Missouri fare when it comes to the highest average income levels across the country…?…number-23 according to a study put together by the personal finance website WalletHub.com.

The study used three key metrics for each state…the average annual income of the top 5%, the median annual income and the average annual income of the bottom 20%.

The average annual income for the top 5% in Missouri was calculated to be just shy of $475,000 while median annual income came in at about $64,000 and the average income of those in the bottom 20% in Missouri was just over $17,900.

States with the lowest average annual incomes are Mississippi, New Mexico and West Virginia while the states with the highest average annual incomes are New Jersey, New York and Virginia.

Full Report:

WalletHub compared the 50 states and the District of Columbia across three key metrics: the average annual income of the top 5%, the average for the bottom 20%, and the median for all of each state’s residents.

For the full report and to see where your state ranks, please visit:
https://wallethub.com/edu/states-where-people-have-the-highest-income/136995