When measuring the prosperity of U.S. states, median household income is one of the most telling indicators. It reflects not just individual earnings, but also access to opportunities, education, employment, and overall quality of life. While the cost of living may vary, the richest states consistently offer strong economies, top-tier schools, and a high standard of living.
Here are the 10 richest states in the United States in 2025, based on the latest median household income data from the U.S. Census and state-level economic reports.
1. Rhode Island – $104,252
Rhode Island tops the list as the richest state in 2025. Despite its small size, it has a booming healthcare, education, and biotech industry. With strong wages and a growing tech sector in Providence, Rhode Island is quickly becoming a hidden gem in New England.
Key Sectors: Healthcare, Education, Biotechnology
Population: ~1.1 million
2. Maryland – $90,203
Maryland has long held a spot among the wealthiest states. Its proximity to Washington, D.C. means many residents are employed in high-paying government, defense, and tech jobs. Montgomery and Howard Counties are especially affluent.
Key Sectors: Government, Cybersecurity, Defense
Population: ~6.2 million
3. District of Columbia – $90,088
While technically not a state, Washington D.C. is a powerful economic region. The city is home to thousands of federal jobs, lobbyists, lawyers, and think tanks. High-level professionals drive the city’s high median income.
Key Sectors: Government, Law, Public Policy
Population: ~700,000
4. Massachusetts – $89,645
Massachusetts is known for its world-class education system, including Harvard and MIT, and a strong economy driven by finance, biotech, and healthcare. Boston is a major hub for innovation and startups.
Key Sectors: Education, Finance, Biotech
Population: ~7 million
5. New Jersey – $89,296
New Jersey’s high median income is boosted by its wealthy suburbs and proximity to both New York City and Philadelphia. Its pharmaceutical and finance industries play a key role in state wealth.
Key Sectors: Pharma, Finance, Logistics
Population: ~9.3 million
6. New Hampshire – $88,465
With low poverty rates and high education levels, New Hampshire enjoys a robust economy. Residents benefit from no state income or sales tax, helping retain more of their income.
Key Sectors: Manufacturing, Education, Tourism
Population: ~1.4 million
7. California – $84,907
Despite high living costs, California remains one of the richest states due to its booming tech, entertainment, and finance industries. Silicon Valley and Los Angeles drive much of its economic output.
Key Sectors: Tech, Entertainment, Finance
Population: ~39 million
8. Hawaii – $84,857
Tourism is the backbone of Hawaii’s economy, but its median income remains high despite high costs of living. Government and military jobs also contribute significantly to the state’s wealth.
Key Sectors: Tourism, Defense, Hospitality
Population: ~1.4 million
9. Washington – $84,247
Home to tech giants like Amazon and Microsoft, Washington offers high-paying jobs and a thriving economy. Seattle continues to attract talent from across the country in fields like cloud computing, aerospace, and engineering.
Key Sectors: Tech, Aerospace, E-commerce
Population: ~7.8 million
10. Connecticut – $83,771
Connecticut’s wealth stems from its affluent suburbs, top-tier universities, and a strong finance sector. Cities like Stamford and Greenwich house many hedge funds and financial institutions.
Key Sectors: Finance, Insurance, Education
Population: ~3.6 million
Conclusion: These ten states (and the District of Columbia) stand out for their economic power, high incomes, and overall prosperity. While income alone doesn’t define quality of life, it’s a useful lens through which to view economic opportunity and stability. Whether you’re considering relocation, business expansion, or policy comparison, understanding where the money flows can be incredibly insightful.
As the economy continues to evolve, tech, education, and innovation hubs are likely to remain key drivers of wealth. Stay informed, and you’ll stay ahead.
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