JACKSON, Miss. – Mississippi has been named the poorest state in the union according to 24/7 Wall St.
Median household income in the magnolia state was said to be $39,680, well below the national average of $53,657.
The top ten poorest states were, Mississippi, West Virginia, Arkansas, Alabama, Kentucky, Tennessee, Louisiana, New Mexico, South Carolina and Montana.
Some of the factors looked at by 24/7 Wall St when measuring which states were the poorest include, poverty rate, unemployment rate and population.
The three richest states were Maryland, New Jersey and Alaska.