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Richest States › Methodology

Richest States Power Rankings — Methodology

Field: 50 states + D.C.. Accountable official: Governor. Cadence: annual. Data retrieved 2026-06-18.

Weights are public so the ranking cannot be called rigged. Each dimension is normalized 0–100 across all ranked states & D.C. (min–max; inverted where lower is better), multiplied by its weight, and summed to the 0–100 composite. A metric that is unavailable for an entity is never estimated — the remaining weights are rescaled and the composite flagged “partial.”

DimensionSourceDirectionWeight
Median household incomeCensus ACS 1-year, B19013Higher better ▲25
Income growth (YoY)Census ACS 1-year, B19013 (2022→2023)Higher better ▲20
Poverty rateCensus SAIPE 2023, SAEPOVRTALL_PTLower better ▼15
Income inequality (Gini)Census ACS 1-year, B19083Lower better ▼8
Real (cost-of-living-adjusted) income pendingBEA Regional Price Parities API key pending20
Economic mobility pendingOpportunity Insights dataset download pending12

Provenance

Primary source: U.S. Census Bureau · https://api.census.gov/data/.