In a breakdown of the average income in every state and the District of Columbia, residents of the national capital have the biggest paydays overall, with household incomes averaging $116,090.
On the flip side, Southern states made up a majority of the low end of the pay scale, with eight of the lowest-income states out of the bottom 10. In the last spot, Mississippi posted an average household income of $58,371, GoBankingRates found.
However, the South also has a lower cost of living, and some states in the region — such as Florida — have no personal income tax, noted Andrew DePietro, GoBankingRates' lead researcher and data analyst. By contrast, in D.C. "the cost of living is so high that it necessitates a high income," he added.So how does your income measure up to your neighbors'? Here's a breakdown of the average in every state and D.C. , according to GoBankingRates:
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