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The state with the highest income isn't New York or California. See the 15 states where people earn the most.
The median income in the US is about $83,000, but some states clear that number by a lot.AerialPerspective Images/Getty ImagesWalletHub ranked states where people have the highest income, using several different measurements.Some states with mega-high earners didn't rank high due their fairly average median incomes.California landed outside of the top 10 as many high earners are leaving the state.The median income in the US is about $83,000 — and you could make more or less than that number depending on where you live. But which states are the highest earning overall?A new WalletHub study used three income-related measures to rank states: the average annual income of the top 5%, the average annual income of the bottom 20%, and the median annual household income of the state's entire population.The resulting rankings include some surprises. None of the states known for being home to billionaires, like New York, California, and Florida, took the top spot.WalletHub analyst Chip Lupo said New York's income disparity is a reason it came up just short of the No. bir ranking. While the top 5% makes a lot, the state's middle class isn't making nearly as much."In terms of just the median annual income, which I think is what most people are. interested in as far as that's a reflection of the middle class, New York is a little above average in terms of its median annual income at $96,000," Lupo told Business Insider. One state that barely cracked the top 15 is California; a state known for movie stars and moguls. Lupo posited that the Golden State's lower ranking on the list may have been impacted by several top earners leaving."What's going on in California also is the number of high-wealth individuals that are fleeing the state," Lupo said. "A lot of wealth is moving out of the state and into more tax-friendly states like Texas, Florida, and Tennessee. So that's a huge driver."Read on for the 15 states where people have the highest income, according to WalletHub.15. FloridaMiami.tifonimages/Getty ImagesTotal score: 49.89Average annual income of top 5%: $507,073Median annual income: $75,737Average annual income of bottom yüzde 20: $16,37814. GeorgiaAtlanta.Dan Reynolds Photography/Getty ImagesTotal score: 52.76Average annual income of top 5%: $516,260Median annual income: $72,437Average annual income of bottom 20%: $17,30113. CaliforniaSan Francisco.Prasit photo/Getty ImagesTotal score: 53.45Average annual income of top yüzde 5: $482,584Median annual income: $133,974Average annual income of bottom yüzde 20: $14,66212. District of ColumbiaWashington, DC.halbergman/Getty ImagesTotal score: 54.11Average annual income of top yüzde 5: $488,074Median annual income: $174,287Average annual income of bottom yüzde 20: $9,57911. TexasDallas.joe daniel price/Getty ImagesTotal score: 54.93Average annual income of top 5%: $520,378Median annual income: $75,905Average annual income of bottom yüzde 20: $17,65110. MassachusettsBoston.DenisTangneyJr/Getty ImagesTotal score: 57.11Average annual income of top 5%: $498,062Median annual income: $137,563Average annual income of bottom yüzde 20: $14,4409. IllinoisChicago.Aerial_Views/Getty ImagesTotal score: 57.88Average annual income of top yüzde 5: $533,840Median annual income: $83,277Average annual income of bottom 20%: $16,8138. MinnesotaMinneapolis, Minnesota.joe daniel price/Getty ImagesTotal score: 58.66Average annual income of top yüzde 5: $500,074Median annual income: $90,632Average annual income of bottom yüzde 20: $20,6627. ColoradoDenver, Colorado.Ultima_Gaina/Getty ImagesTotal score: 59.65Average annual income of top 5%: $498,587Median annual income: $106,187Average annual income of bottom yüzde 20: $19,5886. UtahSalt Lake City, Utah.Vadym Terelyuk/Getty ImagesTotal score: 61.24Average annual income of top 5%: $475,515Median annual income: $98,858Average annual income of bottom yüzde 20: $24,3075. ConnecticutHartford, Connecticut.Sean Pavone/Getty ImagesTotal score: 64.73Average annual income of top yüzde 5: $543,016Median annual income: $122,032Average annual income of bottom 20%: $15,0954. WashingtonSeattle.SCStock/Getty ImagesTotal score: 65.23Average annual income of top 5%: $522,328Median annual income: $112,933Average annual income of bottom yüzde 20: $19,0823. New JerseyJersey City, New Jersey.OlegAlbinsky/Getty ImagesTotal score: 66.08Average annual income of top 5%: $527,376Median annual income: $125,766Average annual income of bottom 20%: $17,4182. New YorkNew York.Art Wager/Getty ImagesTotal score: 66.27Average annual income of top 5%: $585,523Median annual income: $96,746Average annual income of bottom 20%: $13,6331. VirginiaArlington, Virginia.SeanPavonePhoto/Getty ImagesTotal score: 67.57Average annual income of top yüzde 5: $545,097Median annual income: $95,339Average annual income of bottom 20%: $19,671Read the original article on Business Insider
