Louisiana has the lowest net worth in the nation. 4 of 5 lowest SEC states

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5 states with the highest net worth

1. Hawaii: $472,600
Hawaii ranks as the state with the highest net worth where the median is $472,600. Although Hawaii has a higher cost of living than most other states, the average salary is also quite high at $65,030, according to data from Empower. Additionally, homeowners enjoy elevated property values; the average home value in Hawaii is $841,274, according to Zillow, versus the national average of $361,263.

2. Washington: $375,100
The second-highest median net worth in the U.S. belongs to Washington at $375,100. The average debt-to-income ratio (DTI) in Washington sits at roughly 1.5, which is considered moderate compared to other states. The average salary in Washington is also $78,130, while the average property value is $603,837 — nearly double the national average.

3. Massachusetts: $308,400
Massachusetts residents have a median net worth of $308,400, thanks to lower debt levels and higher incomes and home values. The average DTI in Massachusetts is 1.2, while the average salary is one of the highest on our list at $80,330. The average property value in the state is $635,252.

4. Maine: $307,100
Maine residents have a median net worth of $307,100, with an average DTI of 1.48. The average salary in Maine ($60,000) is on the lower end compared to other states on this list. Property values are also lower compared to other states, but at $400,642, they're still well above the national average.

5. Utah: $305,600
In Utah, residents have a median net worth of $305,600. The average DTI in Utah is 1.8, and the average income is $61,070. Utah has the third-highest average property value on this list at $530,787.


5 states with the lowest net worth

1. West Virginia: $96,740
West Virginia is the state with the fifth-lowest median net worth at $96,740. The average DTI in West Virginia is just under 1.2, and the average salary is $52,200. The average property value is $167,589, which is less than half the national average.

2. Arkansas: $93,480
In Arkansas, the median net worth is $93,480 — less than half the national average. The average DTI is 1.2, and the average salary is $51,250. Property values in Arkansas are slightly higher than West Virginia at $210,633.

3. Alabama: $90,200
In Alabama, the median net worth is $90,200 — also less than half the national average. The average DTI in Alabama is over 1.3, and the average salary is $53,400. Despite having lower average salaries and higher levels of debt, homeowners in Alabama are at a slight advantage compared to the previous two states because the average property value is $228,669.

4. Mississippi: $82,440
Mississippi has a median net worth of $82,440. Residents have an average DTI of 1.4, while the average salary is on the lower end at $47,570. Property values in Mississippi are some of the lowest in the country at $181,232, on average.

5. Louisiana: $71,900
The state with the lowest net worth is Louisiana, with a median net worth of $71,900. The average salary in Louisiana is $53,440, and the average DTI is 1.3. On the bright side, property values in Louisiana are up 0.4% year over year, with the average property value sitting at $201,100.

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