These Are America’s Poorest States, Ranked

These Are America’s Poorest States, Ranked

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#5: New Mexico

Median income per household: $49, 754
Rate of poverty: 18.2%

New Mexico faces economic hardships with tourism and oil and gas demand dwindling recently. With an 8.6% average unemployment rate last year and high child poverty, 25% of children live below poverty, in stark contrast to the national 17%.

Local insight suggests concessions attract businesses, but New Mexico grapples with an untrained workforce. Portia highlights on Reddit the balance between lower wages and the deterrent of training costs, complicating the state’s economic landscape.

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