New Hampshire ranks in the top 10 states. To see exactly where it ranks and how all 50 states and D.C. stack up, check out the infographic.
The middle class, generally characterized as households that earn approximately two-thirds to two times the median national income, comprises slightly more than half of American households. That figure (52%) is down from 61% in 1971.
Still, some parts of the U.S. are better suited to this socio-economic class than others. In a new study, SmartAsset analyzed data on metrics related to income, jobs and homeownership to find the best states for the middle class.
- New Hampshire and Colorado moved up the list. Both states ranked toward the middle of the pack in 2019. This year, both states improved across several metrics, ranking in the top 10. Most notably, the median household income adjusted for cost of living rose from about $70,600 to almost $73,300 in NH. In Colorado it increased by even more, from roughly $69,800 to almost $75,700.
The full report, including the methodology and key findings, can be found here: https://smartasset.com/mortgage/best-states-for-the-middle-class-2020-edition.