Wednesday, March 26, 2014

Raises in the States

Did you get a raise last year? You probably would have if you lived in North Dakota. Fueled buy the natural gas boom there, the average North Dakotan saw his or her income rise by 7.6 percent last year, according to figures released by the Commerce Department yesterday. The national average income increase was a more modest 2.6 percent.

But here in New Jersey, the increase was just 2.2 percent. That ranked only 33rd among the 50 states. The absolute lowest was in West Virginia, where the average income rose by just 1.5 percent.

All told, though, New Jersey still looks pretty good, with a per capita income of $55,993 for 2013. That ranks fourth in the nation, behind only Connecticut, North Dakota and Massachusetts. Last in that category: Mississippi.


No comments:

Post a Comment