What Are Richest States in America?

7. Alaska

Though Alaska sits on the lower end of the richest states, it also has one of the best income equality among households. This means that its median household income of $73,181 is even more indicative of the overall incomes in the state. Since the completion of the Trans-Alaska Pipeline in 1977, oil has been responsible for almost 90% of Alaska’s economy. Though it is the largest state in the nation, it also has the lowest population density. In fact, Anchorage alone accounts for almost 40% of its population.