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10 States with the Highest Personal Income Growth

Good news: Personal income is growing nationwide. A recent report from the Pew Charitable Trusts indicates that income has grown by 1.7 percent across the board since the fourth quarter of 2007. The not-so-good news: The average income growth rate over the last 30 years was about 2.8 percent. These are the 10 states where income levels have grown the most since the fourth quarter of 2007.
Sarah Handzel, BSN, RN
PUBLISHED: Monday, March 6, 2017

1. North Dakota

· North Dakota enjoyed the fastest rate of personal income growth compared to every other state. Personal incomes in the state grew at a rate of 4.7 percent since 2007.

· In the last year, incomes dropped by 1.8 percent, largely due to declining petroleum prices.

2. Texas

· Incomes in the Lone Star State grew at a rate of 3.1 percent since 2007.

· Over the past year along, state residents have enjoyed a 1.7 percent growth rate in incomes.

Click to the next page to see states three and four.

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