32. Connecticut > Debt per capita: $8,889 (2nd highest) > Credit Rating (S&P/Moody’s): AA/Aa3 > 2013 unemployment rate: 7.8% (13th highest) > Median household income: $67,098 (5th highest) > Poverty rate: 10.7% (4th lowest) While Connecticut is in the worst-run half of all states, its residents are relatively well off. A typical Connecticut household earned more than $67,000 in 2013, a higher median income than in all but four other states. Property values are also very high. A typical Connecticut home was valued at $267,000, versus the national median of $173,900 in 2013. Additionally, less than 10% of residents did not have health insurance last year, one of the lowest rates nationwide. Yet, while high incomes are generally favorable for residents, they can also often reflect a high cost of living. As of 2012, Connecticut had the nation’s sixth highest cost of living. The state also had one of the highest foreclosure rates last year, with one out of every 74 housing units in foreclosure. More residents left the state than have moved to Connecticut between 2010 and 2013. Read more: The Best and Worst Run States in America: A Survey of All 50 - 24/7 Wall St. 247wallst/special-report/2014/12/03/the-best-and-worst-run-states-in-america-a-survey-of-all-50-3/#ixzz3MXtMXnyn Follow us: @247wallst on Twitter | 247wallst on Facebook
Posted on: Sun, 21 Dec 2014 15:15:19 +0000