According to a new research based on the most recent US Census, Alabama has the eighth lowest income in the country, with the top 10% earning more than 12 times more than the bottom 10%.
The median yearly income in the United States is $74,600, although there is a large disparity in Americans’ salaries. So much so that the report’s conclusions had to be weighted against the averages of the top 5%, the poorest 20%, and all people in each state.
Alabama’s top 5% earned an average of $398,584, the worst 20% earned an average of $13,242, and the entire population earned an average of $55,480 per year.
Virginia was revealed to be the highest-earning state in the country, with an average of $89,393 among residents and $18,694 among the bottom 20%. Surprisingly, their neighbor to the west, West Virginia, is at the bottom of the list, with an average income $52,719 for all people and $12,477 for the worst 20% of residents.
The stark contrast is expected to exacerbate an already-existing competition between the two states, but it also underscores what could be the study’s central focus: people in America aren’t making the same money, and it appears to have a lot to do with where they reside that generates those chances for them.
Joeal Bright is a committed journalist at WVPrepBB.com, focusing on USA and crime news. With a knack for in-depth reporting and a dedication to delivering accurate and timely information, Joeal keeps readers informed about crucial national events and crime stories. His work on WVPrepBB.com is essential for those seeking comprehensive coverage and insightful analysis of current events in the United States.
