(ReliableNews.org) – Financial tech company SmartAsset released its annual listing of the Best States for the Middle Class on October 18, 2020. A few interesting patterns emerge politically, particularly with the national elections less than three weeks away.
SmartAsset selected the best states looking at the number of middle-class households, the Gini index, homeownership rate, home value, and household income. It also evaluated four-year changes in job growth income.
While data from @pewresearch shows that the middle class is shrinking, some states are better suited to this socio-economic class than others. Our new study analyzed income, jobs and homeownership data to find the best states for the middle class: https://t.co/270Y0SbUlA #economy
— SmartAsset (@smartasset) October 15, 2020
The top five states with the number of Electoral College delegates and current political leaning include:
1, Utah (6) Likely Red
- Idaho (4) Safe Red
- Minnesota (10) Leans Blue
- South Dakota (3) Safe Red
- Iowa (6) Toss-up
The bottom five state include:
- Oklahoma (7) Safe Red
- New Mexico (5) Likely Blue
- Connecticut (7) Safe Blue
- Louisiana (8) Safe Red
- New York (29) Safe Blue
(The list goes to 51 because BestAsset included Washington, DC.)
As you can see, there’s a fairly even distribution of red and blue states throughout the top and bottom states. It will be interesting to see how the leaning states and one toss-up state vote during the upcoming presidential election.
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