Business Insider Ranks States by Median Adult Earnings Using Census Data
What happened
Business Insider analyzed the 2024 American Community Survey data from the US Census Bureau to rank states by median earnings for adults aged 25 and older. The study included both Maryland and Arkansas. The findings indicated that higher educational attainment is associated with higher earnings across all 50 states.
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Why it matters
The report found that adults with some college or an associate degree earned the most in Maryland, with a median of $55,301. The analysis also showed an average earnings gap of about $18,539 a year across states for those with a bachelor's degree compared to those with an associate's degree or less.
A consulting firm based in Maryland has begun providing services to the state of Arkansas.
From aol.com
Who's involved
- Business InsiderFinancial and business news website that published the study on earnings trends.
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The entities involved
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Maryland
state of the United States of America
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Arkansas
state of the United States of America
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Business Insider
financial and business news website