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Better Measurement of State by State Prosperity

Posted by on | November 20, 2017 | Comments Off

I have always been suspicious of metrics showing that people in, say, San Francisco are way richer than everyone else in the country.  Sure, they have a larger number on their paycheck, but they also very likely have a larger number on their mortgage check.  In a paper by Cletus C. Coughlin, Charles S. Gascon, and Kevin L. Kliesen, the authors publish this map of state per capita income, both before and after adjusting for local cost of living (Link via a long chain that started at Maggies Farm).  As usual click to enlarge.

states 484x650 Better Measurement of State by State Prosperity

 Better Measurement of State by State Prosperity  Better Measurement of State by State Prosperity  Better Measurement of State by State Prosperity

 Better Measurement of State by State Prosperity

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