Mass. Ranked Fifth Richest State, How Does Salem Compare?
Which states have the highest and lowest median household incomes? Find out.
Massachusetts' median household income ranked the fifth richest throughout the United States in 2011, according to a recent study presented on DailyFinance.
The Commonwealth, with a median household income of $62,859, trailed only Connecticut, New Jersey, Alaska, and Maryland.
But, how does the city of Salem compare to the state's averages?
The median household income in Salem between 2006-2010, according to the US Census Bureau, was $56,979, which is roughly $6,000 less than the state's average during these years.
During the same time, the state's poverty level was at 10.5 percent, while Salem's poverty figure was slightly higher at 10.8 percent.
Are you curious how the rest of the North Shore stacks up by the same comparisons?
Patch on the North Shore
|Median income||Population||Unemployment||Below poverty line|
* Figures on percentage below poverty line for both Hamilton and Wenham are from 2009 data published by City-data.com.
In 2011, Massachusetts had the lowest percentage of the population without health insurance, at just 4.3 percent. DailyFinance attributed this to the near-universal health care law signed into office in 2006 by Mitt Romney.
The states with the lowest median household incomes were Alabama, Kentucky, Arkansas, West Virginia, and Mississipi.