Top 10 States with the Best Household Income

2nd New Jersey – $71,637

Top 10 States with the Best Household Income

Welcome to “The Garden State.” New Jersey is ranked number 2 for annual household income. Even though the state is on the high end of the income and property tax scale, New Jersey has still been able to receive larger than usual wages. Many are attributing the large median income to the high percentage of college bachelor degrees held by its residence. One sixth of all biopharmaceutical companies are located in New Jersey, making it the number one industry in the state.