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If you adjust incomes for cost of living, the notion of which states are "behind" has much less correlation to political voting patterns. Here's a comparison f
by rjdagost 9y ago
If you adjust incomes for cost of living, the notion of which states are "behind" has much less correlation to political voting patterns. Here's a comparison from the Bureau of Economic Analysis: https://www.fool.com/investing/general/2014/10/05/which-states-residents-have-the-most-cash-to-spend.aspx https://www.fool.com/investing/general/2014/10/05/which-stat...
According to this comparison, after accounting for cost of living the average Arkansas resident has more disposable income than the average Californian. Having lived in both states, I agree with this (but my friends in California can't fathom this).