2021’s Best & Worst States to Raise a Family

Disclosure: In any review for a product or service, products or compensation may have been provided to me to help facilitate my review. All opinions are my own and honest. I am disclosing this in accordance with FTC Guidelines. Please see “Disclose” and "Terms of Use" tabs for more information.

best places

With families looking for a fresh start once the COVID-19 pandemic dies down and moving becomes practical, the personal-finance website WalletHub today released its report on 2021’s Best & Worst States to Raise a Family, as well as accompanying videos.

To determine the best states in which to put down family roots, WalletHub compared the 50 states across 52 key indicators of family-friendliness. The data set ranges from the median annual family income to housing affordability to the unemployment rate.

Best States for Families Worst States for Families
1. Massachusetts 41. Nevada
2. Minnesota 42. Arizona
3. North Dakota 43. South Carolina
4. New York 44. Alabama
5. Vermont 45. Arkansas
6. New Hampshire 46. Oklahoma
7. New Jersey 47. Louisiana
8. Washington 48. West Virginia
9. Connecticut 49. Mississippi
10. Utah 50. New Mexico

Best vs. Worst

  • Minnesota has the highest median annual family income (adjusted for cost of living), $85,473, which is 1.5 times higher than in New York, where it is lowest at $57,450.
  • Utah has the lowest separation & divorce rate, 15.74 percent, which is 1.7 times lower than in Nevada, where it is highest at 26.07 percent.
  • New Hampshire has the lowest share of families living in poverty, 4.60 percent, which is 3.4 times lower than in Mississippi, where it is highest at 15.50 percent.
  • South Dakota has the lowest average annual cost of early childcare (as a share of median family income), 7.22 percent, which is 1.8 times lower than in Nebraska, where it is highest at 13.19 percent.
  • Maine has the fewest violent crimes (per 1,000 residents), 1.15, which is 7.5 times fewer than in Alaska, the state with the most at 8.67.

To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/best-states-to-raise-a-family/31065

Trackbacks

  1. […] childcare facilities will all perform differently and have different values they uphold. Of course, every parent wants what is best for their child, so making sure the provider of your choice is right for you and your circumstances is vital to […]

Speak Your Mind

*