A recent study conducted by WalletHub has ranked Louisiana among the states with the lowest average incomes. The study compared all 50 U.S. states and the District of Columbia based on various factors that contribute to a person's financial well-being, including housing costs, healthcare expenses, and food prices. [1] This ranking places Louisiana in the bottom tier of income levels across the country. The WalletHub report provides detailed data for each state, showing how much lower their average incomes are compared to other states. For example, Louisiana’s per capita income is estimated at $36,809, which is below the national average of $41,572. [1] This suggests that residents in Louisiana may face greater financial challenges when it comes to meeting basic needs such as housing and healthcare. The study also highlights other states with similarly low incomes, including Mississippi, West Virginia, and Kentucky. These findings underscore the economic disparities present across different regions of the United States. [2]
Louisiana Ranks Among States with Lowest Income, Study Finds
A new study by WalletHub ranks Louisiana as one of the states where people have the lowest income.
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Sources agree
- Louisiana ranked among states with lowest income
- Study compared all 50 states and D.C.
Sources differ
- WalletHub study not universally accepted as accurate
- Other studies may provide different rankings