What Are Richest States in America?

4. Massachusetts

Sitting in fourth place with a median household income of $77,385, Massachusetts tops many different ranking charts. The education and health services fields employ more people in Massachusetts than any other industries. Recent developments in its technology sector have also allowed those industries to flourish. One of its most powerful economic draws is its tourist attractions. With sites like Cape Cod and Martha’s Vineyard, Massachusetts has a steady and robust tourism income. In terms of legislation, Massachusetts is a trendsetter. It was the first state to legalize same-sex marriage and the second to pass anti-discrimination laws for people who identify under the LGBTQ+ spectrum. This led to many individuals traveling to the state, which significantly boosted its economy in turn.