In 2019, the official estimated level of poverty in New Hampshire was 7.3 percent, which was lower than any other state in the nation, based on state-level estimates from the ACS.
Is New Hampshire rich or poor?
New Hampshire is the eighth wealthiest state in the United States, having a median household income of $76,768 as of 2019. The most affluent parts of the state are in the Seacoast Region, in the outer Boston suburbs and around Dartmouth College.
What is the poorest state in United States?
Mississippi
Mississippi is the poorest U.S. state. Mississippi’s median household income is $45,792, the lowest in the country, with a livable wage of $46,000. Additionally, the state has a poverty rate of 19.6%, the highest of any state.
Is New Hampshire poor?
Compared to other states, New Hampshire has a high median household income and a low official poverty rate. Yet nearly 100,000 Granite Staters live in poverty, and about a third of households have less than $50,000 dollars of annual income.
What are the top 10 poorest states?
These states and territories have the highest percentages of poverty in the country: Mississippi, Louisiana, New Mexico, Kentucky, Arkansas, West Virginia, Alabama, the District of Columbia, South Carolina, and Georgia.
Do any billionaires live in NH?
Rick Cohen, reportedly the richest guy in NH. This NH news tidbit comes from www.supercompressor.com, which lists the richest residents of each state. At No. 18 is Richard Cohen, of Keene, NH, reportedly worth $11.2 billion through his successful national C&S Wholesale Grocers with locations around the country.
Who are the millionaires in NH?
Richest People in New Hampshire
- Rick Cohen. $11.2 Billion. Rick Cohen net worth: Rick Cohen is an American billionaire and philanthropist who has a net worth of $11.2 billion.
- Patrick McGovern. $5.7 Billion.
- Martin Trust. $600 Million.
Which US state is the richest?
Richest U.S. States by GDP
- 1. California. California, the nation’s most populous state, has the largest state GDP of $3,120,386,000. California’s median household income is $80,440, the sixth-highest in the U.S.
- Texas.
- New York.
- Florida.
- Illinois.
What are the 10 poorest counties in the United States?
The Top 10 Poorest Counties in the U.S. by Median Household Income
- Holmes County, MS.
- Buffalo County, SD.
- Owsley County, KY.
- Wilcox County, AL.
- McDowell County, WV.
- Clay County, KY.
- Stewart County, GA.
- McCreary County, KY.
Which state has the lowest poverty rate?
New Hampshire
Idyllic New Hampshire boasts the lowest percentage of its population living below the poverty line[+] According to the latest data from the U.S. Census Bureau — namely, the 2019 American Community Survey, 5-Year Estimates — the U.S. poverty rate nationally is 13.4%.
Why is NH poverty so low?
The low poverty rate is a result of the state’s strong economy and low unemployment rate, said Taylor Caswell, state commissioner of the Department of Business and Economic Affairs. “There is a connection to the economy,” he said. “We have jobs available across the state.”
Is New Hampshire a good state to live?
The Granite State is filled with great places to call home. Ranked #2 on U.S. News and World Report’s list of best states to live in the U.S., New Hampshire is known for its excellent quality of life, robust economy and pristine wilderness.
How many millionaires are in New Hampshire?
Households with more than $1 million in investable assets
State | Millionaire households | Percent change in millionaire households from 2016 |
---|---|---|
North Dakota | 19,662 | 8.9% |
Colorado | 143,564 | 8.6% |
Georgia | 200,395 | 8.3% |
New Hampshire | 39,209 | 8.3% |
What race is the poorest in the United States?
As of 2010 about half of those living in poverty are non-Hispanic white (19.6 million). Non-Hispanic white children comprised 57% of all poor rural children. In FY 2009, African American families comprised 33.3% of TANF families, non-Hispanic white families comprised 31.2%, and 28.8% were Hispanic.
Is Florida a poor state?
Nearly 55 percent of Florida’s four million children are either living in or near poverty, or in households that are one missed paycheck or lost job away from not being able to meet basic needs. With 20% of Florida children actually living in poverty, Florida ranks in the bottom 15 states (35th in the nation).
What are the lowest income states?
These states have the lowest median incomes.
- Mississippi. Median household income: $45,792 (2019) Population: 2.97 million (2020)
- West Virginia. Median household income: $48,850 (2019) Population: 1.78 million (2020)
- Arkansas. Median household income: $48,952 (2019) Population: 3.03 million (2020)
Who is the richest family in NH?
Rick Cohen is ranked number 42 on the Forbes 400 list. Cohen’s net worth is estimated at $11.2 billion. The Cohen family is the richest in New Hampshire. His grandfather opened C&S Wholesaler Grocers in 1918 in Massachusetts.
Are people in New England rich?
As far as the richest people in New England, no residents of Maine, Vermont, Rhode Island, or New Hampshire made the Forbes 400. Five Connecticut billionaires made the list, with hedge fund managers Ray Dalio ($20 billion) and Steve Cohen ($16 billion) coming in at 36 and 48 respectively.
How many billionaires are in New Hampshire?
Table
Rank by number of billionaires (9/15/20) | State or federal district | Billionaires/ State’s 10M pop. (7/19 census) (9/15/20) |
---|---|---|
31 | Oregon | 4.74 |
45 | New Hampshire | 0.00 |
36 | Rhode Island | 9.44 |
36 | Maine | 7.44 |
Does New Hampshire tax your income?
New Hampshire has no income tax on wages, though the state does charge a 5% tax on income from interest and dividends. No cities in New Hampshire levy local income taxes.
Where does Rick Cohen live in New Hampshire?
The owner and executive chairman of C&S Wholesale Grocers, the nation’s largest grocery wholesaler with $25 billion in revenue, Cohen lives in tiny Keene, New Hampshire (pop.: 23,000), where C&S is based.