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With fresh starts in mind – hiring is up and the U.S. recently experienced a 50-year low in the national unemployment rate, for instance – the personal-finance website WalletHub released its report on 2020's Best & Worst States to Raise a Family.
To determine the best states in which to put down family roots, WalletHub compared the 50 states across 50 key indicators of family-friendliness. The data set ranges from median family salary to housing affordability to unemployment rate.
Best vs. Worst
To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/best-states-to-raise-a-family/31065/
To determine the best states in which to put down family roots, WalletHub compared the 50 states across 50 key indicators of family-friendliness. The data set ranges from median family salary to housing affordability to unemployment rate.
| Best States for Families | Worst States for Families |
| 1. Minnesota | 41. Arizona |
| 2. Massachusetts | 42. Georgia |
| 3. North Dakota | 43. South Carolina |
| 4. Vermont | 44. Oklahoma |
| 5. New Hampshire | 45. Arkansas |
| 6. New York | 46. Alabama |
| 7. New Jersey | 47. West Virginia |
| 8. Nebraska | 48. Louisiana |
| 9. Connecticut | 49. Mississippi |
| 10. Washington | 50. New Mexico |
Best vs. Worst
- Minnesota has the highest median family annual income (adjusted for cost of living), $89,217, which is 1.5 times higher than in New York, where it is lowest at $58,794.
- Utah has the lowest divorce rate, 15.89 percent, which is 1.6 times lower than in Nevada, where it is highest at 26.10 percent.
- New Hampshire has the lowest share of families living in poverty, 4.70 percent, which is 3.2 times lower than in New Mexico, where it is highest at 15.10 percent.
- Mississippi has the lowest average annual cost of early childcare (as a percentage of median family income), 7.08 percent, which is 2.3 times lower than in Nebraska, where it is highest at 16.42 percent.
- Maine has the fewest violent crimes (per 1,000 residents), 1.12, which is 7.9 times fewer than in Alaska, the state with the most at 8.85.
Source: WalletHub
To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/
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