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The BEA defined GDP by state as "the sum of value added from all industries in the state." [1] Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.
This is a list of U.S. states, territories, and Washington, D.C. by income.Data is given according to the 2023 American Community Survey (ACS) 1-Year Estimates, except for the American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands, for which the data comes from 2010, as ACS does not operate in these areas.
The economy of the State of California is the largest in the United States, with a $4.080 trillion gross state product (GSP) as of 2024. [1] It is the largest sub-national economy in the world. If California were a nation it would rank in terms of nominal GDP as the List of countries by GDP World's fourth largest economy, behind Germany ( 4.71 ...
In 1960, it was the eighth-richest state in the country, prospering as a major industrial and trade hub. The state has dropped out to #15 in terms of personal income. ... California: $856 ($14,700 ...
California's middle class is shrinking. According to a new report from California Community Builders, a nonprofit housing research and advocacy firm, America's wealthiest and most populous state ...
The following is a list of California locations by income. California had a per capita income of $29,906 during the five-year period comprising years 2010 through 2014. About every third county and every third place in California had per capita incomes above the state average. Though somewhat counterintuitive, this implies that counties and ...
California edges out New York as the more expensive state overall, according to MyLifeElsewhere: Overall, California is 8.0% more expensive. Housing: Costs are 24.0% higher in California.
This is a listing of U.S. states (plus the District of Columbia) according to the number of billionaires residing in each. As of 2024, there are 756 billionaires living in 43 of the 50 US states or Washington, D.C. [1] [2] The only states with no billionaire residents are Alaska, Delaware, New Hampshire, New Mexico, North Dakota, Vermont, and West Virginia.