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The Best State Economies in America (2026)

Economic strength varies dramatically across the United States. Our economy score combines unemployment rate data from the Bureau of Labor Statistics (2025) and median household income from the U.S. Census Bureau's American Community Survey (2024). States with low unemployment and high incomes rank highest. The economy category carries a 20% weight in our overall composite score — the single largest factor in our rankings. States in the Northeast and West tend to dominate due to higher median incomes, while several Southern and Midwestern states compete strongly on low unemployment.

Economy Score by State

Key Takeaways

Related Analysis

Best State Economies 2026: Jobs & Income Ranked

A strong economy is more than a single number. It's whether you can find a job, whether that job pays enough to live on, and whether the trajectory is up or down. We scored all 50 states using BLS unemployment data, Census Bureau median incomes, BEA GDP per capita, and economic growth rates.

Read the full analysis →

The best state economy in America in 2026 is Hawaii with an economy score of 90.0/100, followed by New Hampshire (84.5) and Maryland (83.6). See the full rankings below.

RankStateGradeEconomy ScoreOverall ScoreKey MetricsRegion
1Hawaii
A+
90.063.22.2% unemp · $94,814 incomeWest
2New Hampshire
A+
84.587.82.8% unemp · $97,880 incomeNortheast
3Maryland
A+
83.667.72.9% unemp · $98,461 incomeNortheast
4Virginia
A+
72.274.92.9% unemp · $87,106 incomeSouth
5South Dakota
A+
70.381.82% unemp · $72,280 incomeMidwest
6Utah
A
68.779.33.2% unemp · $87,804 incomeWest
7North Dakota
A
67.776.62.2% unemp · $72,583 incomeMidwest
8Minnesota
A
63.676.73.4% unemp · $85,551 incomeMidwest
9Colorado
A
63.666.23.8% unemp · $91,340 incomeWest
10Vermont
A
62.979.62.7% unemp · $74,919 incomeNortheast
11Nebraska
B+
60.074.92.8% unemp · $73,423 incomeMidwest
12Connecticut
B+
59.873.54.2% unemp · $93,228 incomeNortheast
13Massachusetts
B+
57.972.84.9% unemp · $101,370 incomeNortheast
14Wisconsin
B+
56.265.23% unemp · $72,458 incomeMidwest
15Iowa
B+
56.169.53% unemp · $72,429 incomeMidwest
16New Jersey
B+
55.165.94.8% unemp · $97,126 incomeNortheast
17Idaho
B+
49.870.73.2% unemp · $68,930 incomeWest
18Maine
B+
49.777.33.2% unemp · $68,810 incomeNortheast
19Kansas
B
49.259.33.3% unemp · $69,747 incomeMidwest
20Wyoming
B
48.469.43.5% unemp · $71,847 incomeWest
Show all 50 states ▾
21Georgia
B
47.951.53.5% unemp · $71,355 incomeSouth
22Alabama
B
47.638.92.7% unemp · $59,613 incomeSouth
23Rhode Island
B
46.969.84.3% unemp · $81,800 incomeNortheast
24Washington
B
46.961.44.9% unemp · $90,325 incomeWest
25Montana
B
46.171.13.7% unemp · $72,340 incomeWest
26Missouri
B
45.749.33.2% unemp · $64,811 incomeMidwest
27New York
C+
43.758.44.5% unemp · $81,386 incomeNortheast
28North Carolina
C+
43.553.73.5% unemp · $66,880 incomeSouth
29Tennessee
C+
43.546.83.3% unemp · $64,036 incomeSouth
30Indiana
C+
42.450.73.5% unemp · $65,870 incomeMidwest
31Pennsylvania
C+
41.860.34.1% unemp · $73,823 incomeNortheast
32California
C+
41.342.95.4% unemp · $91,905 incomeWest
33Oklahoma
C+
40.041.53.3% unemp · $60,528 incomeSouth
34Arizona
C+
39.744.74.3% unemp · $74,568 incomeWest
35Texas
C
39.645.84.2% unemp · $73,035 incomeSouth
36Illinois
C
39.252.04.6% unemp · $78,304 incomeMidwest
37South Carolina
C
38.644.03.5% unemp · $62,064 incomeSouth
38Florida
C
36.752.84.3% unemp · $71,516 incomeSouth
39Alaska
C
35.042.15.3% unemp · $84,143 incomeWest
40Delaware
C
32.152.35.2% unemp · $79,810 incomeNortheast
41Ohio
C
31.749.14.1% unemp · $63,715 incomeMidwest
42Oregon
C
27.158.15.4% unemp · $77,630 incomeWest
43New Mexico
D
26.933.14% unemp · $57,488 incomeWest
44Mississippi
D
26.731.53.7% unemp · $52,985 incomeSouth
45Michigan
D
25.147.74.9% unemp · $68,505 incomeMidwest
46Arkansas
D
22.930.94.2% unemp · $56,335 incomeSouth
47Kentucky
D
22.738.44.5% unemp · $60,407 incomeSouth
48Louisiana
D
20.625.94.3% unemp · $55,416 incomeSouth
49Nevada
F
18.440.35.5% unemp · $70,448 incomeWest
50West Virginia
F
13.934.44.7% unemp · $54,515 incomeSouth

Frequently Asked Questions

What is the best state economy in America in 2026?

Hawaii has the best economy in 2026, followed by New Hampshire and Maryland. Rankings are based on unemployment rate and median household income from BLS and Census data.

Which states have the worst economies?

The states with the weakest economies in 2026 are West Virginia, Nevada, and Louisiana, based on higher unemployment and lower median incomes.

How is the economy score calculated?

The economy score combines unemployment rate (BLS 2025) and median household income (Census ACS 2024), normalized to 0-100. It carries a 20% weight in the overall composite score.

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Data Sources

📎Bureau of Labor Statistics, LAUS (Dec 2025)📎U.S. Census Bureau, ACS 2024📎FBI Uniform Crime Reporting, 2024📎America's Health Rankings, 2025📎WalletHub/NAEP, 2025📎U.S. Census Bureau, Vintage 2024📎Cook Political Report, PVI 2024📎Tax Foundation, Facts & Figures 2025📎ALEC Rich States Poor States, 2025📎WalletHub Tax Burden Study, 2025📎U.S. Census Bureau / FHFA, 2025📎BEA Regional Price Parities, 2023📎EPA AirData, Median AQI by County 2024📎EIA State Electricity Profiles, 2024📎FEMA National Risk Index v1.20, 2025📎U.S. Census Bureau, Net Domestic Migration 2024📎FCC / BroadbandNow, Broadband Access 2025📎National Park Service API, 2024📎USGS Protected Areas Database (PAD-US), 2024📎U.S. Census Bureau, County Business Patterns 2022📎U.S. Census Bureau, ACS 2023 (Commuting)📎FHWA Highway Statistics, 2023📎U.S. Census Bureau, County Business Patterns 2022📎EIA State Electricity Profiles, 2024📎EIA Natural Gas Prices, 2024📎DOL National Database of Childcare Prices, 2023📎BEA Regional Price Parities (Food), 2023📎NCES Common Core of Data (CCD), 2023-24📎EDFacts ACGR Graduation Rates, 2021-22📎NCES School District Finance Survey (F-33), 2022-23📎BEA GDP by State (SAGDP9), 2023📎NASBO Fiscal Survey of States, FY2023📎Census Bureau State Government Finances, FY2022📎Pew Charitable Trusts Fiscal 50, FY2023📎Pew Charitable Trusts, FY2022📎S&P/Moody's via Ballotpedia, 2025📎Bureau of Labor Statistics, OES (May 2023)📎IRS Statistics of Income, Migration Data 2021-2022