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  1. #1 America’s Poorest States 
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    The U.S. Census Bureau released two pieces of widely followed data yesterday — one on poverty and the other on median income for 2010. The most interesting findings in this release were the state-by-state figures, especially when compared to national averages. A closer look at the statistics shows that a relatively small number of states suffer such widespread levels of low income and poverty that they skew the national numbers downward.


    10. North Carolina


    > Median income: $43,275
    > Poverty rate: 16.1% (tied for 9th highest)
    > Without health insurance: 16.7% (13th highest)
    > Unemployment: 10.1% (9th highest)
    SNIP

    9. Alabama


    > Median income: $42,218
    > Poverty rate: 16.1% (tied for 9th highest)
    > Without health insurance: 14.4% (21st highest)
    > Unemployment rate: 10.0% (10th highest)

    SNIP


    8. Kentucky

    > Median income: $42,091
    > Poverty rate: 17.3% (6th highest)
    > Without health insurance: 15.5% (18th highest)
    > Unemployment rate: 9.5% (13th highest)
    SNIP

    7. South Carolina

    > Median income: $42,059
    > Poverty rate: 14.9% (16th highest)
    > Without health insurance: 17.6% (12th highest)
    > Unemployment rate: 10.9% (4th highest)

    SNIP

    6. Montana

    > Median income: $42,005
    > Poverty rate: 13.4% (24th highest)
    > Without health insurance: 16.3% (16th highest)
    > Unemployment rate: 7.7% (18th lowest)

    SNIP

    5. Louisiana


    > Median income: $41,896
    > Poverty rate: 18% (4th highest)
    > Without health insurance: 18% (11th highest)
    > Unemployment rate: 7.6% (17th lowest)

    SNIP

    4. West Virginia

    > Median income: $40,824
    > Poverty rate: 15.7% (12th highest)
    > Without health insurance: 13.9% (25th highest)
    > Unemployment rate: 8.1% (tied for 24th lowest)

    SNIP

    3. Tennessee


    > Median income: $40,026
    > Poverty rate: 16.1% (11th highest)
    > Without health insurance: 14.7% (20th highest)
    > Unemployment rate: 9.8% (11th highest)

    SNIP

    2. Arkansas


    > Median income: $38,600
    > Poverty rate: 16.5% (8th highest)
    > Without health insurance: 18.5% (9th highest)
    > Unemployment rate: 8.2% (25th highest)

    1. Mississippi


    > Median income: $36,850
    > Poverty rate: 21.3% (the highest)
    > Without health insurance: 18.7% (8th highest)
    > Unemployment rate: 10.4% (7th highest)

    http://www.foxbusiness.com/markets/2...oorest-states/
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  2. #2  
    Power CUer noonwitch's Avatar
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    Nobody ever balances those statistics against the cost of living in those states.

    It's Montana being on the list that strikes me-you don't see a lot of poverty-striken Montana residents on the news. I've heard that the cost of living in states like Montana and Wyoming is low. I have coworkers from places like Mississippi who go back there when they retire, because they bought a bunch of rural land really cheap.
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  3. #3  
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    Quote Originally Posted by noonwitch View Post
    Nobody ever balances those statistics against the cost of living in those states.

    It's Montana being on the list that strikes me-you don't see a lot of poverty-striken Montana residents on the news. I've heard that the cost of living in states like Montana and Wyoming is low. I have coworkers from places like Mississippi who go back there when they retire, because they bought a bunch of rural land really cheap.
    You don't even have to buy in a rural area in Mississippi. Most places in most towns are fairly inexpensive.

    But I have to smile........"places like Mississippi"...?? And just what "kind" of "place" is Mississippi?;)
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    Quote Originally Posted by TruckerMe View Post
    You don't even have to buy in a rural area in Mississippi. Most places in most towns are fairly inexpensive.

    But I have to smile........"places like Mississippi"...?? And just what "kind" of "place" is Mississippi?;)

    I didn't mean anything by it. I meant from southern states, mostly. African-americans who buy land down in the areas where their families came from. They come up here to go to college, get jobs/spouses and stay until they retire. Then they go back to Mississippi or Alabama and live in the country.
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  5. #5  
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    Noon is right. Even though I was born in northern Iowa, my real roots are deep in the Missouri Ozarks through my Dad (born in a real log cabin near Norwood in south central Missouri in 1895).

    When I retired, we moved down here. The motivating factors were the friendliness of the people, who are pretty conservative, and the lower cost of living.

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  6. #6  
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    Quote Originally Posted by noonwitch View Post
    I didn't mean anything by it. I meant from southern states, mostly. African-americans who buy land down in the areas where their families came from. They come up here to go to college, get jobs/spouses and stay until they retire. Then they go back to Mississippi or Alabama and live in the country.
    :) I know. I'm just yankin' your chain. Lots of retirees, and especially black folks, come to Mississippi to retire.

    In all my travels, though, I have not seen an area attract retirees the way Tennessee does. Get around Bristol, out in East Tennessee and ever 'crick & holler' has a retiree or two in it.

    In fact, retirement would be a lot tougher for us in another state. Here, we pay 900/year property tax. That would be hard to match, most places.
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    Quote Originally Posted by TruckerMe View Post
    :) I know. I'm just yankin' your chain. Lots of retirees, and especially black folks, come to Mississippi to retire.

    In all my travels, though, I have not seen an area attract retirees the way Tennessee does. Get around Bristol, out in East Tennessee and ever 'crick & holler' has a retiree or two in it.

    In fact, retirement would be a lot tougher for us in another state. Here, we pay 900/year property tax. That would be hard to match, most places.

    I have seen TN mostly from I-75, but what I've seen is beautiful. I drove to Florida once in November, when the colors were peaking in the mountains. Michigan falls are great, but we don't really have mountains. I think the highest spot in Michigan is in the UP and is just under 2000 ft.

    My dad, like so many retirees from Michigan, lives in sunny Florida.
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    Quote Originally Posted by TruckerMe View Post
    :) I know. I'm just yankin' your chain. Lots of retirees, and especially black folks, come to Mississippi to retire.

    In all my travels, though, I have not seen an area attract retirees the way Tennessee does. Get around Bristol, out in East Tennessee and ever 'crick & holler' has a retiree or two in it.

    In fact, retirement would be a lot tougher for us in another state. Here, we pay 900/year property tax. That would be hard to match, most places.
    That's about average here.
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  9. #9  
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    Quote Originally Posted by Novaheart View Post
    That's about average here.
    Friend of my wife has a small 3 bedroom. Their paying about $3500 a year. Gotta love Illinois.
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  10. #10  
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    Quote Originally Posted by djones520 View Post
    Friend of my wife has a small 3 bedroom. Their paying about $3500 a year. Gotta love Illinois.

    I have a small 3 bedroom house. I pay about $1700 in property taxes. I live in the county in Michigan with the lowest property tax rates (Macomb).
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