Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.
Residents of the District of Columbia had the highest personal income per capita in 2023, at ******* U.S. dollars. Mississippi residents, on the other hand, had the lowest personal income per capita, at ****** U.S. dollars. What is personal income? Personal income is the income that a worker receives from all sources, including salary, wages, bonuses, income from self-employment, dividends from investments, and receipts from real estate investments. Because of this, total personal income is different from the average wage, as personal income takes more factors into account than just salary and compensation. Income in the United States Wages and salaries in the United States can vary greatly depending on the profession a person is in, and the rise (or fall) of wages is seen as a key economic indicator as to the financial health of the country’s residents. In recent years, the increasing gap between CEO compensation and the compensation of the average worker has brought the issue of stagnating wages to the forefront of the national conversation.
As of March 2024, California was the U.S. state with most billionaires, with *** billionaires calling the state home. New York was second, with *** resident billionaires.
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This article investigates the relationship between the increasing concentration of income among the wealthiest households, the increasing geographic concentration of the wealthiest households, and relative changes in state per capita income. An increasing share of the super-rich accounts for much of the difference in income growth between the richest northeastern states and the rest of the country. Several other states with fast-growing income levels, however, experienced more balanced growth.
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Graph and download economic data for Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBLT01026) from Q3 1989 to Q1 2025 about net worth, wealth, percentile, Net, and USA.
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United States US: Account at a Financial Institution: Income: Richest 60%: % Aged 15+ data was reported at 97.904 % in 2014. This records an increase from the previous number of 92.810 % for 2011. United States US: Account at a Financial Institution: Income: Richest 60%: % Aged 15+ data is updated yearly, averaging 95.357 % from Dec 2011 (Median) to 2014, with 2 observations. The data reached an all-time high of 97.904 % in 2014 and a record low of 92.810 % in 2011. United States US: Account at a Financial Institution: Income: Richest 60%: % Aged 15+ data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Banking Indicators. Account at a financial institution denotes the percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another type of financial institution.; ; Demirguc-Kunt et al., 2015, Global Financial Inclusion Database, World Bank.; Weighted average;
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Graph and download economic data for 90% Confidence Interval Lower Bound of Estimate of Median Household Income for Rich County, UT (MHICILBUT49033A052NCEN) from 1989 to 2023 about Rich County, UT; UT; households; median; income; and USA.
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This research describes the demographic attributes of both rich and poor households, and also the composition of their holdings. The data are drawn from surveys of household wealth conducted for the Federal Reserve Board in 1983, 1989, and 1992, years that approximate the turning points of the 1982-1991 business cycle.
Globally, the gap between the richest and poorest population is widening, and United States of America is no exception. Waldo Tobler's First Law of Geography states that near things are more related than distant things, which can sometimes be seen within a map as clustering of features. Use this map to explore the distribution of households within the income extremes.The app allows the user to explore an area by typing an area of interest into the search bar. Dot density is used to represent multiple households per dot and are contained within census tract boundaries. A pop-up appears at larger scales in order to provide a chart comparing the household count for the highest and lowest income ranges. The highest income range covers households which make $200,000 or more a year. The lowest income range shows households making less than $25,000 a year. The map is shown from 36M scale to 72K scale and is designed to be displayed on the Dark Gray Canvas Basemap.The data within this map comes from Esri's Updated Demographics. The vintage of the data and boundaries is 2015.
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Per Capita Personal Income in Rich County, UT was 52239.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Per Capita Personal Income in Rich County, UT reached a record high of 52239.00000 in January of 2023 and a record low of 3259.00000 in January of 1970. Trading Economics provides the current actual value, an historical data chart and related indicators for Per Capita Personal Income in Rich County, UT - last updated from the United States Federal Reserve on August of 2025.
The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.
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Estimate of Median Household Income for Rich County, UT was 78332.00000 $ in January of 2023, according to the United States Federal Reserve. Historically, Estimate of Median Household Income for Rich County, UT reached a record high of 78332.00000 in January of 2023 and a record low of 32585.00000 in January of 1989. Trading Economics provides the current actual value, an historical data chart and related indicators for Estimate of Median Household Income for Rich County, UT - last updated from the United States Federal Reserve on July of 2025.
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Graph and download economic data for Minimum Wealth Cutoff for the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1311) from Q3 1989 to Q3 2022 about wealth, percentile, and USA.
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A dataset listing the 20 richest counties in Washington for 2024, including information on rank, county, population, average income, and median income.
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A dataset listing the richest zip codes in United States Virgin Islands per the most current US Census data, including information on rank and average income.
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Dataset Card for 100 Richest People In World
Dataset Summary
This dataset contains the list of Top 100 Richest People in the World Column Information:-
Name - Person Name NetWorth - His/Her Networth Age - Person Age Country - The country person belongs to Source - Information Source Industry - Expertise Domain
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[More Information Needed]… See the full description on the dataset page: https://huggingface.co/datasets/nateraw/100-richest-people-in-world.
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Why do the rich and poor support different parties in some places? We argue that voting along class lines is more likely to occur where states can tax the income and assets of the wealthy. In low bureaucratic capacity states, the rich are less likely to participate in electoral politics because they have less to fear from redistributive policy. When wealthy citizens abstain from voting, politicians face a more impoverished electorate. Because politicians cannot credibly campaign on anti-tax platforms, they are less likely to emphasize redistribution and partisan preferences are less likely to diverge across income groups. Using cross-national survey data, we show there is more class voting in countries with greater bureaucratic capacity. We also show that class voting and fiscal capacity were correlated in the United States in the mid-1930s when state-level revenue collection and party systems were less dependent on national economic policy.
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Personal Income in Rich County, UT was 139478.00000 Thous. of $ in January of 2023, according to the United States Federal Reserve. Historically, Personal Income in Rich County, UT reached a record high of 139478.00000 in January of 2023 and a record low of 5248.00000 in January of 1971. Trading Economics provides the current actual value, an historical data chart and related indicators for Personal Income in Rich County, UT - last updated from the United States Federal Reserve on July of 2025.
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Graph and download economic data for Gross Domestic Product: All Industries in Rich County, UT (GDPALL49033) from 2001 to 2023 about Rich County, UT; UT; industry; GDP; and USA.
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United States - Real Gross Domestic Product Growth: Private Goods-Producing Industries in Rich County, UT was 3.00000 % Chg. from Preceding Period in January of 2015, according to the United States Federal Reserve. Historically, United States - Real Gross Domestic Product Growth: Private Goods-Producing Industries in Rich County, UT reached a record high of 7.00000 in January of 2000 and a record low of 0.00000 in January of 2002. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Real Gross Domestic Product Growth: Private Goods-Producing Industries in Rich County, UT - last updated from the United States Federal Reserve on July of 2025.
Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.