Come here often? Make XFINITY.com your homepage » close

Get instant access to XFINITY.com. Download the XFINITY® One Click Google extension» close

close

Your XFINITY Connect session has timed out due to inactivity. Click here to go back close

The Best-Run and Worst-Run States

3rd Best-Run State: Iowa

Debt per capita: $2,478 (15th lowest)

Budget deficit: 2.5% (41st largest)

Unemployment: 5.2% (tied-5th lowest)

Median household income: $50,957 (23rd highest)

Pct. below poverty line: 12.7% (14th lowest)

Agriculture and related industries accounted for 6.7% of Iowa’s GDP last year, six times the national rate. Like many well-run states, it has a perfect credit rating from both Standard & Poor’s and Moody’s. Additionally, while home values across the nation fell by more than 10% between 2007 and 2012, in Iowa they increased considerably—by 7.1%—over that time. Also, Iowa’s unemployment rate and underemployment rate—which includes the unemployed, discouraged workers, and those who work but want to work more—were both among the lowest in the nation last year, at 5.2% and 10%, respectively. Iowa’s budget shortfall in fiscal 2012 was under 3%, one of the smallest budget gaps in the country.

(Photo: iStock)



More from 24/7 Wall St.:

America's Most Dangerous States

States with the Fastest Growing Economies

10 Companies That Pay Americans the Least



The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

Ad Info - Ad Feedback

Ad Info - Ad Feedback

Loading...