5. Massachusetts Median household income
: $62,859 Population
: 6,587,536 (14th highest) Unemployment rate
: 7.4% (18th lowest) Pct. below poverty line
: 11.6% (9th lowest)
Massachusetts’ median income is well off its 2008 high of $68,055. Just under 10% of families in the state made more than $200,000 in 2011, the fourth-highest rate in the country. Massachusetts also had the lowest percentage of the population without health insurance in 2011, at a mere 4.3% — a whopping 10.8 percentage points below the national rate. The high rate of insured residents has much to do with a 2006 law signed by then-Gov. Mitt Romney. The law provided near universal health care coverage to all Massachusetts citizens. Among cities with populations of 100,000 or more, three Massachusetts cities — Boston, Worcester and Cambridge — had the lowest proportion of residents without health insurance at 5.5% or less, compared to a national rate of more than 15%.
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