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WHERE HAS LIVING BEEN BEST SINCE THE GREENSPAN-BERNANKE GREAT INFLATION, PEAK GDP AND THE GREATEST DEPRESSION?

Today, I did some sleuthing. Using income per resident, age 16 and up, expressed in True Dollars™, I compared the 50 states and the District of Columbia to see what Americans have weathered the Greatest Depression storm the best.

While I am not going to put up all 51 curve charts plotting per capita income for each state and DC, I shall present to you a few tables.

The first table shows the change in income per head from various dates in the past.



Nevada has been the best place to live since Peak GDP merely because Nevadans enjoyed the smallest decline in income per resident expressed in True Dollars™.




The second table shows how the states rank by changes in income as expressed in the percents above.



It fails to surprise that car making country — Michigan and Ohio sit at the bottom. Also, who wouldn't expect high-tax states like New York and Illinois to be  near the bottom. It surprises that residents of upstate New York continue to pay taxes to feed the residents of New York City. Likewise, it seems the residents of Chicago have the rest of Illinoisans held hostage.

The third table shows how the states rank by income per head at Peak GDP in True Dollars™, Q4 2007, and for the latest report (Q3 2014 as of this writing). Also, the table reveals the per cap income percentile for each state.

This table can give you an idea in which states living is declining and in which states living is improving.



For any state, if the number in the second column is larger than the number in the first column, living is worsening in that state.