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The highest-scoring city in each state was determined to be its poorest big city. All data was collected and is up to date as of Jun. 4, 2024. More From GOBankingRates
The U.S. territories have the highest poverty rates in the United States (higher than the poverty rates of the U.S. mainland), and many of the lowest-income places in the United States are found in the U.S. territories of Puerto Rico and American Samoa.
This list of U.S. states and territories by poverty rate covers the 50 U.S. states, the District of Columbia, and the territory of Puerto Rico and their populations' poverty rate. The four other inhabited U.S. territories ( American Samoa , Guam , the Northern Mariana Islands , and the U.S. Virgin Islands ) are listed separately.
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How Long $1 Million in Savings Will Last in Every State. Methodology: To find the poorest city in every state, GOBankingRates looked at all places in the U.S. with a population of over 2,000 ...
States and territories are sorted by the share of the lowest quintile in aggregate household income, i.e. the share of household income of 20% of the poorest households in the total household income. Due to different methodologies by which the United States Census Bureau and the EPI have calculated their results, the data should not be compared.
In general, a dollar has more purchasing power in the poorer cities than it does in the richer cities. The difference in housing costs from city to city is especially important. The Bureau of Economic Analysis has calculated that the regional price parity in 2019 of the 50 largest MSAs ranges from 88.3 in Birmingham, Alabama (which has the ...
The poverty threshold in 2008, the last year used in Brookings' study, was $21,384 for a family of four. That means consumer spending is probably moribund in the suburbs covered in this analysis.