Economy

The Health of the Economy in Every State Since Biden Was Elected


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WILL OLIVER / EPA-EFE / Shutterstock.com

President Biden’s chances of re-election largely depend on the public’s perception of the economy he has overseen — but the Biden economy looks different depending on your vantage point. America’s 51 micro-economies — though with several state GDPs in the trillions, some of them aren’t so micro — each experienced different outcomes in housing, employment, income and economic growth under his administration.

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To assess the country’s economic health more precisely during Biden’s tenure, GOBankingRates measured four key metrics from all 50 states and Washington, D.C. using data from the State Economic Monitor, created by the Urban Institute’s State and Local Finance Initiative, a joint Urban-Brookings Tax Policy Center project.

It outlines the unemployment rate and average weekly earnings in January 2021 and May 2024, the average home value percentage change in the first quarter of 2021 and the first quarter of 2024, and the state GDP in the first quarter of 2021 and the last quarter of 2023.

The November election will largely be a referendum on President Biden’s handling of the economy. Here’s how it looked in your state.

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Allard1 / Getty Images/iStockphoto

Alabama

  • Unemployment rate in January 2021: 4.20%

  • Unemployment rate in May 2024: 3.00%

  • Average weekly earnings in January 2021: $1,137

  • Average weekly earnings in May 2024: $1,033

  • YoY home value percentage change Q1 2021: 11.27%

  • YoY home value percentage change Q1 2024: 3.16%

  • State GDP Q1 2021: $283B

  • State GDP Q4 2023: $302B

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krisbasonphotography / Getty Images/iStockphoto

Alaska

  • Unemployment rate in January 2021: 7.00%

  • Unemployment rate in May 2024: 4.50%

  • Average weekly earnings in January 2021: $1,304

  • Average weekly earnings in May 2024: $1,258

  • YoY home value percentage change Q1 2021: 8.67%

  • YoY home value percentage change Q1 2024: 4.66%

  • State GDP Q1 2021: $64B

  • State GDP Q4 2023: $68B

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dszc / Getty Images

Arizona

  • Unemployment rate in January 2021: 6.40%

  • Unemployment rate in May 2024: 3.40%

  • Average weekly earnings in January 2021: $1,180

  • Average weekly earnings in May 2024: $1,139

  • YoY home value percentage change Q1 2021: 17.91%

  • YoY home value percentage change Q1 2024: 4.94%

  • State GDP Q1 2021: $463B

  • State GDP Q4 2023: $513B

Sean Pavone / Getty Images/iStockphotoSean Pavone / Getty Images/iStockphoto

Sean Pavone / Getty Images/iStockphoto

Arkansas

  • Unemployment rate in January 2021: 4.90%

  • Unemployment rate in May 2024: 3.40%

  • Average weekly earnings in January 2021: $996

  • Average weekly earnings in May 2024: $1,002

  • YoY home value percentage change Q1 2021: 12.07%

  • YoY home value percentage change Q1 2024: 5.14%

  • State GDP Q1 2021: $167B

  • State GDP Q4 2023: $177B

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©iStock.com

California

  • Unemployment rate in January 2021: 8.70%

  • Unemployment rate in May 2024: 5.20%

  • Average weekly earnings in January 2021: $1,492

  • Average weekly earnings in May 2024: $1,318

  • YoY home value percentage change Q1 2021: 14.20%

  • YoY home value percentage change Q1 2024: 6.27%

  • State GDP Q1 2021: $3.66T

  • State GDP Q4 2023: $3.9T

Kyle Allingham / Getty Images/iStockphotoKyle Allingham / Getty Images/iStockphoto

Kyle Allingham / Getty Images/iStockphoto

Colorado

  • Unemployment rate in January 2021: 6.30%

  • Unemployment rate in May 2024: 3.80%

  • Average weekly earnings in January 2021: $1,252

  • Average weekly earnings in May 2024: $1,265

  • YoY home value percentage change Q1 2021: 13.12%

  • YoY home value percentage change Q1 2024: 3.61%

  • State GDP Q1 2021: $482B

  • State GDP Q4 2023: $526B

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f11photo / iStock.com

Connecticut

  • Unemployment rate in January 2021: 7.10%

  • Unemployment rate in May 2024: 4.30%

  • Average weekly earnings in January 2021: $1,387

  • Average weekly earnings in May 2024: $1,259

  • YoY home value percentage change Q1 2021: 16.49%

  • YoY home value percentage change Q1 2024: 9.64%

  • State GDP Q1 2021: $315B

  • State GDP Q4 2023: $343B

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DenisTangneyJr / Getty Images

Delaware

  • Unemployment rate in January 2021: 5.7%

  • Unemployment rate in May 2024: 3.9%

  • Average weekly earnings in January 2021: $1,125

  • Average weekly earnings in May 2024: $1,010

  • YoY home value percentage change Q1 2021: 14.12%

  • YoY home value percentage change Q1 2024: 10.73%

  • State GDP Q1 2021: $93B

  • State GDP Q4 2023: $94B

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Pgiam / Getty Images

Washington, DC

  • Unemployment rate in January 2021: 7.30%

  • Unemployment rate in May 2024: 5.30%

  • Average weekly earnings in January 2021: $2,235

  • Average weekly earnings in May 2024: $1,769

  • YoY home value percentage change Q1 2021: 8.76%

  • YoY home value percentage change Q1 2024: -1.53%

  • State GDP Q1 2021: $168B

  • State GDP Q4 2023: $176B

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©iStock.com

Florida

  • Unemployment rate in January 2021: 5.90%

  • Unemployment rate in May 2024: 3.30%

  • Average weekly earnings in January 2021: $1,131

  • Average weekly earnings in May 2024: $1,089

  • YoY home value percentage change Q1 2021: 13.62%

  • YoY home value percentage change Q1 2024: 6.13%

  • State GDP Q1 2021: $1.38T

  • State GDP Q4 2023: $1.6T

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Boogich / iStock.com

Georgia

  • Unemployment rate in January 2021: 4.80%

  • Unemployment rate in May 2024: 3.20%

  • Average weekly earnings in January 2021: $1,152

  • Average weekly earnings in May 2024: $1,072

  • YoY home value percentage change Q1 2021: 13.67%

  • YoY home value percentage change Q1 2024: 7.27%

  • State GDP Q1 2021: $758B

  • State GDP Q4 2023: $811B

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Missing35mm / Getty Images

Hawaii

  • Unemployment rate in January 2021: 9.50%

  • Unemployment rate in May 2024: 3.00%

  • Average weekly earnings in January 2021: $1,277

  • Average weekly earnings in May 2024: $1,196

  • YoY home value percentage change Q1 2021: 6.72%

  • YoY home value percentage change Q1 2024: 7.77%

  • State GDP Q1 2021: $101B

  • State GDP Q4 2023: $109B

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Ron and Patty Thomas / iStock.com

Idaho

  • Unemployment rate in January 2021: 4.10%

  • Unemployment rate in May 2024: 3.30%

  • Average weekly earnings in January 2021: $1,063

  • Average weekly earnings in May 2024: $1,078

  • YoY home value percentage change Q1 2021: 24.42%

  • YoY home value percentage change Q1 2024: 4.60%

  • State GDP Q1 2021: $108B

  • State GDP Q4 2023: $120B

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©iStock.com

Illinois

  • Unemployment rate in January 2021: 7.20%

  • Unemployment rate in May 2024: 4.90%

  • Average weekly earnings in January 2021: $1,281

  • Average weekly earnings in May 2024: $1,108

  • YoY home value percentage change Q1 2021: 9.97%

  • YoY home value percentage change Q1 2024: 9.38%

  • State GDP Q1 2021: $1.04T

  • State GDP Q4 2023: $1.09T

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DenisTangneyJr / Getty Images/iStockphoto

Indiana

  • Unemployment rate in January 2021: 4.70%

  • Unemployment rate in May 2024: 3.70%

  • Average weekly earnings in January 2021: $1,128

  • Average weekly earnings in May 2024: $1,018

  • YoY home value percentage change Q1 2021: 13.32%

  • YoY home value percentage change Q1 2024: 8.04%

  • State GDP Q1 2021: $464B

  • State GDP Q4 2023: $501B

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Aaron Yoder / Getty Images/iStockphoto

Iowa

  • Unemployment rate in January 2021: 4.20%

  • Unemployment rate in May 2024: 2.80%

  • Average weekly earnings in January 2021: $1,092

  • Average weekly earnings in May 2024: $988

  • YoY home value percentage change Q1 2021: 9.68%

  • YoY home value percentage change Q1 2024: 5.44%

  • State GDP Q1 2021: $246B

  • State GDP Q4 2023: $251B

Marc Morrison 713-858-8573 / Marc Morrison 713-858-8573Marc Morrison 713-858-8573 / Marc Morrison 713-858-8573

Marc Morrison 713-858-8573 / Marc Morrison 713-858-8573

Kansas

  • Unemployment rate in January 2021: 4.00%

  • Unemployment rate in May 2024: 2.90%

  • Average weekly earnings in January 2021: $1,089

  • Average weekly earnings in May 2024: $990

  • YoY home value percentage change Q1 2021: 12.26%

  • YoY home value percentage change Q1 2024: 9.90%

  • State GDP Q1 2021: $211B

  • State GDP Q4 2023: $230B

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Jeremy Poland / Getty Images

Kentucky

  • Unemployment rate in January 2021: 4.60%

  • Unemployment rate in May 2024: 4.60%

  • Average weekly earnings in January 2021: $1,031

  • Average weekly earnings in May 2024: $1,003

  • YoY home value percentage change Q1 2021: 11.66%

  • YoY home value percentage change Q1 2024: 5.60%

  • State GDP Q1 2021: $262B

  • State GDP Q4 2023: $280B

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DenisTangneyJr / Getty Images/iStockphoto

Louisiana

  • Unemployment rate in January 2021: 7.00%

  • Unemployment rate in May 2024: 4.10%

  • Average weekly earnings in January 2021: $1,127

  • Average weekly earnings in May 2024: $1,045

  • YoY home value percentage change Q1 2021: 7.83%

  • YoY home value percentage change Q1 2024: 2.23%

  • State GDP Q1 2021: $298B

  • State GDP Q4 2023: $313B

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EJJohnsonPhotography / Getty Images/iStockphoto

Maine

  • Unemployment rate in January 2021: 4.40%

  • Unemployment rate in May 2024: 3.00%

  • Average weekly earnings in January 2021: $1,002

  • Average weekly earnings in May 2024: $1,049

  • YoY home value percentage change Q1 2021: 15.72%

  • YoY home value percentage change Q1 2024: 9.12%

  • State GDP Q1 2021: $86B

  • State GDP Q4 2023: $92B

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©iStock.com

Maryland

  • Unemployment rate in January 2021: 6.30%

  • Unemployment rate in May 2024: 2.70%

  • Average weekly earnings in January 2021: $1,356

  • Average weekly earnings in May 2024: $1,146

  • YoY home value percentage change Q1 2021: 13.21%

  • YoY home value percentage change Q1 2024: 6.95%

  • State GDP Q1 2021: $493B

  • State GDP Q4 2023: $516B

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DenisTangneyJr / Getty Images/iStockphoto

Massachusetts

  • Unemployment rate in January 2021: 6.90%

  • Unemployment rate in May 2024: 3.00%

  • Average weekly earnings in January 2021: $1,490

  • Average weekly earnings in May 2024: $1,368

  • YoY home value percentage change Q1 2021: 13.47%

  • YoY home value percentage change Q1 2024: 8.84%

  • State GDP Q1 2021: $686B

  • State GDP Q4 2023: $741B

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Michigan

  • Unemployment rate in January 2021: 6.50%

  • Unemployment rate in May 2024: 3.90%

  • Average weekly earnings in January 2021: $1,171

  • Average weekly earnings in May 2024: $1,093

  • YoY home value percentage change Q1 2021: 12.99%

  • YoY home value percentage change Q1 2024: 7.79%

  • State GDP Q1 2021: $626B

  • State GDP Q4 2023: $664B

culbertson / Getty Images/iStockphotoculbertson / Getty Images/iStockphoto

culbertson / Getty Images/iStockphoto

Minnesota

  • Unemployment rate in January 2021: 4.40%

  • Unemployment rate in May 2024: 2.80%

  • Average weekly earnings in January 2021: $1,333

  • Average weekly earnings in May 2024: $1,236

  • YoY home value percentage change Q1 2021: 11.25%

  • YoY home value percentage change Q1 2024: 4.79%

  • State GDP Q1 2021: $454B

  • State GDP Q4 2023: $476B

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©iStock.com

Mississippi

  • Unemployment rate in January 2021: 6.50%

  • Unemployment rate in May 2024: 2.80%

  • Average weekly earnings in January 2021: $921

  • Average weekly earnings in May 2024: $905

  • YoY home value percentage change Q1 2021: 9.64%

  • YoY home value percentage change Q1 2024: 2.73%

  • State GDP Q1 2021: $145B

  • State GDP Q4 2023: $147B

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Art Wager / iStock.com

Missouri

  • Unemployment rate in January 2021: 4.90%

  • Unemployment rate in May 2024: 3.50%

  • Average weekly earnings in January 2021: $1,090

  • Average weekly earnings in May 2024: $1,015

  • YoY home value percentage change Q1 2021: 12.83%

  • YoY home value percentage change Q1 2024: 7.61%

  • State GDP Q1 2021: $398B

  • State GDP Q4 2023: $425B

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leezsnow / Getty Images/iStockphoto

Montana

  • Unemployment rate in January 2021: 4.00%

  • Unemployment rate in May 2024: 3.10%

  • Average weekly earnings in January 2021: $1,009

  • Average weekly earnings in May 2024: $1,038

  • YoY home value percentage change Q1 2021: 15.12%

  • YoY home value percentage change Q1 2024: 5.15%

  • State GDP Q1 2021: $67B

  • State GDP Q4 2023: $71B

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marekuliasz / iStock.com

Nebraska

  • Unemployment rate in January 2021: 2.90%

  • Unemployment rate in May 2024: 2.50%

  • Average weekly earnings in January 2021: $1,086

  • Average weekly earnings in May 2024: $1,034

  • YoY home value percentage change Q1 2021: 12.29%

  • YoY home value percentage change Q1 2024: 7.14%

  • State GDP Q1 2021: $165B

  • State GDP Q4 2023: $181B

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constantgardener / Getty Images/iStockphoto

Nevada

  • Unemployment rate in January 2021: 8.90%

  • Unemployment rate in May 2024: 5.10%

  • Average weekly earnings in January 2021: $1,086

  • Average weekly earnings in May 2024: $1,033

  • YoY home value percentage change Q1 2021: 12.76%

  • YoY home value percentage change Q1 2024: 8.08%

  • State GDP Q1 2021: $213B

  • State GDP Q4 2023: $241B

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DenisTangneyJr / Getty Images/iStockphoto

New Hampshire

  • Unemployment rate in January 2021: 4.20%

  • Unemployment rate in May 2024: 2.50%

  • Average weekly earnings in January 2021: $1,233

  • Average weekly earnings in May 2024: $1,180

  • YoY home value percentage change Q1 2021: 16.15%

  • YoY home value percentage change Q1 2024: 9.37%

  • State GDP Q1 2021: $104B

  • State GDP Q4 2023: $112B

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DenisTangneyJr / Getty Images

New Jersey

  • Unemployment rate in January 2021: 7.30%

  • Unemployment rate in May 2024: 4.60%

  • Average weekly earnings in January 2021: $1,354

  • Average weekly earnings in May 2024: $1,196

  • YoY home value percentage change Q1 2021: 14.31%

  • YoY home value percentage change Q1 2024: 11.59%

  • State GDP Q1 2021: $751B

  • State GDP Q4 2023: $807B

Judd Brotman / Getty ImagesJudd Brotman / Getty Images

Judd Brotman / Getty Images

New Mexico

  • Unemployment rate in January 2021: 8.20%

  • Unemployment rate in May 2024: 3.80%

  • Average weekly earnings in January 2021: $988

  • Average weekly earnings in May 2024: $939

  • YoY home value percentage change Q1 2021: 11.63%

  • YoY home value percentage change Q1 2024: 7.04%

  • State GDP Q1 2021: $121B

  • State GDP Q4 2023: $132B

OlegAlbinsky / Getty Images/iStockphotoOlegAlbinsky / Getty Images/iStockphoto

OlegAlbinsky / Getty Images/iStockphoto

New York

  • Unemployment rate in January 2021: 8.60%

  • Unemployment rate in May 2024: 4.20%

  • Average weekly earnings in January 2021: $1,395

  • Average weekly earnings in May 2024: $1,234

  • YoY home value percentage change Q1 2021: 12.84%

  • YoY home value percentage change Q1 2024: 10.87%

  • State GDP Q1 2021: $2.04T

  • State GDP Q4 2023: $2.17T

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Kruck20 / iStock.com

North Carolina

  • Unemployment rate in January 2021: 5.60%

  • Unemployment rate in May 2024: 3.60%

  • Average weekly earnings in January 2021: $1,132

  • Average weekly earnings in May 2024: $1,088

  • YoY home value percentage change Q1 2021: 14.06%

  • YoY home value percentage change Q1 2024: 5.79%

  • State GDP Q1 2021: $718B

  • State GDP Q4 2023: $773B

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Christopher Cagney / Getty Images/iStockphoto

North Dakota

  • Unemployment rate in January 2021: 4.00%

  • Unemployment rate in May 2024: 2.00%

  • Average weekly earnings in January 2021: $1,108

  • Average weekly earnings in May 2024: $1,201

  • YoY home value percentage change Q1 2021: 6.83%

  • YoY home value percentage change Q1 2024: 3.30%

  • State GDP Q1 2021: $71B

  • State GDP Q4 2023: $75B

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Jenjira Indon / Getty Images/iStockphoto

Ohio

  • Unemployment rate in January 2021: 6.00%

  • Unemployment rate in May 2024: 4.20%

  • Average weekly earnings in January 2021: $1,106

  • Average weekly earnings in May 2024: $1,069

  • YoY home value percentage change Q1 2021: 13.50%

  • YoY home value percentage change Q1 2024: 8.03%

  • State GDP Q1 2021: $843B

  • State GDP Q4 2023: $881B

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DenisTangneyJr / Getty Images

Oklahoma

  • Unemployment rate in January 2021: 5.00%

  • Unemployment rate in May 2024: 3.50%

  • Average weekly earnings in January 2021: $1,046

  • Average weekly earnings in May 2024: $1,030

  • YoY home value percentage change Q1 2021: 10.49%

  • YoY home value percentage change Q1 2024: 6.00%

  • State GDP Q1 2021: $241B

  • State GDP Q4 2023: $257B

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gustavofrazao / iStock.com

Oregon

  • Unemployment rate in January 2021: 6.40%

  • Unemployment rate in May 2024: 4.20%

  • Average weekly earnings in January 2021: $1,177

  • Average weekly earnings in May 2024: $1,198

  • YoY home value percentage change Q1 2021: 14.50%

  • YoY home value percentage change Q1 2024: 3.96%

  • State GDP Q1 2021: $301B

  • State GDP Q4 2023: $320B

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Wirestock / Getty Images/iStockphoto

Pennsylvania

  • Unemployment rate in January 2021: 7.40%

  • Unemployment rate in May 2024: 3.40%

  • Average weekly earnings in January 2021: $1,149

  • Average weekly earnings in May 2024: $1,077

  • YoY home value percentage change Q1 2021: 11.78%

  • YoY home value percentage change Q1 2024: 7.92%

  • State GDP Q1 2021: $914B

  • State GDP Q4 2023: $975B

SeanPavonePhoto / Getty Images/iStockphotoSeanPavonePhoto / Getty Images/iStockphoto

SeanPavonePhoto / Getty Images/iStockphoto

Rhode Island

  • Unemployment rate in January 2021: 6.60%

  • Unemployment rate in May 2024: 4.30%

  • Average weekly earnings in January 2021: $1,207

  • Average weekly earnings in May 2024: $1,179

  • YoY home value percentage change Q1 2021: 15.47%

  • YoY home value percentage change Q1 2024: 8.47%

  • State GDP Q1 2021: $72B

  • State GDP Q4 2023: $78B

digidreamgrafix / Getty Images/iStockphotodigidreamgrafix / Getty Images/iStockphoto

digidreamgrafix / Getty Images/iStockphoto

South Carolina

  • Unemployment rate in January 2021: 4.60%

  • Unemployment rate in May 2024: 3.40%

  • Average weekly earnings in January 2021: $1,114

  • Average weekly earnings in May 2024: $1,025

  • YoY home value percentage change Q1 2021: 12.26%

  • YoY home value percentage change Q1 2024: 8.47%

  • State GDP Q1 2021: $297B

  • State GDP Q4 2023: $325B

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DenisTangneyJr / iStock.com

South Dakota

  • Unemployment rate in January 2021: 2.9%

  • Unemployment rate in May 2024: 2%

  • Average weekly earnings in January 2021: $1,026

  • Average weekly earnings in May 2024: $1,016

  • YoY home value percentage change Q1 2021: 14.67%

  • YoY home value percentage change Q1 2024: 4.27%

  • State GDP Q1 2021: $71B

  • State GDP Q4 2023: $73B

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Kruck20 / Getty Images

Tennessee

  • Unemployment rate in January 2021: 5.40%

  • Unemployment rate in May 2024: 3.00%

  • Average weekly earnings in January 2021: $1,100

  • Average weekly earnings in May 2024: $1,025

  • YoY home value percentage change Q1 2021: 14.79%

  • YoY home value percentage change Q1 2024: 5.95%

  • State GDP Q1 2021: $480B

  • State GDP Q4 2023: $528B

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RoschetzkyIstockPhoto / Getty Images

Texas

  • Unemployment rate in January 2021: 6.70%

  • Unemployment rate in May 2024: 4.00%

  • Average weekly earnings in January 2021: $1,183

  • Average weekly earnings in May 2024: $1,159

  • YoY home value percentage change Q1 2021: 11.97%

  • YoY home value percentage change Q1 2024: 3.34%

  • State GDP Q1 2021: $2.30T

  • State GDP Q4 2023: $2.60T

Utah

  • Unemployment rate in January 2021: 3.40%

  • Unemployment rate in May 2024: 2.90%

  • Average weekly earnings in January 2021: $1,197

  • Average weekly earnings in May 2024: $1,119

  • YoY home value percentage change Q1 2021: 19.38%

  • YoY home value percentage change Q1 2024: 5.79%

  • State GDP Q1 2021: $255B

  • State GDP Q4 2023: $275B

Amy Li / Getty Images/iStockphotoAmy Li / Getty Images/iStockphoto

Amy Li / Getty Images/iStockphoto

Vermont

  • Unemployment rate in January 2021: 4.40%

  • Unemployment rate in May 2024: 2.10%

  • Average weekly earnings in January 2021: $1,121

  • Average weekly earnings in May 2024: $1,111

  • YoY home value percentage change Q1 2021: 10.90%

  • YoY home value percentage change Q1 2024: 12.80%

  • State GDP Q1 2021: $41B

  • State GDP Q4 2023: $43B

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ferrantraite / Getty Imagesferrantraite / Getty Images

ferrantraite / Getty Images

Virginia

  • Unemployment rate in January 2021: 4.80%

  • Unemployment rate in May 2024: 2.70%

  • Average weekly earnings in January 2021: $1,252

  • Average weekly earnings in May 2024: $1,126

  • YoY home value percentage change Q1 2021: 11.46%

  • YoY home value percentage change Q1 2024: 5.73%

  • State GDP Q1 2021: $661B

  • State GDP Q4 2023: $713B

Washington

  • Unemployment rate in January 2021: 6.40%

  • Unemployment rate in May 2024: 4.90%

  • Average weekly earnings in January 2021: $1,454

  • Average weekly earnings in May 2024: $1,385

  • YoY home value percentage change Q1 2021: 16.14%

  • YoY home value percentage change Q1 2024: 5.12%

  • State GDP Q1 2021: $728B

  • State GDP Q4 2023: $808B

ablokhin / iStock.comablokhin / iStock.com

ablokhin / iStock.com

West Virginia

  • Unemployment rate in January 2021: 6.10%

  • Unemployment rate in May 2024: 4.20%

  • Average weekly earnings in January 2021: $1,048

  • Average weekly earnings in May 2024: $955

  • YoY home value percentage change Q1 2021: 11.60%

  • YoY home value percentage change Q1 2024: 3.64%

  • State GDP Q1 2021: $93B

  • State GDP Q4 2023: $100B

Ultima_Gaina / Getty ImagesUltima_Gaina / Getty Images

Ultima_Gaina / Getty Images

Wisconsin

  • Unemployment rate in January 2021: 4.70%

  • Unemployment rate in May 2024: 2.90%

  • Average weekly earnings in January 2021: $1,118

  • Average weekly earnings in May 2024: $1,097

  • YoY home value percentage change Q1 2021: 11.46%

  • YoY home value percentage change Q1 2024: 9.94%

  • State GDP Q1 2021: $405B

  • State GDP Q4 2023: $417B

Explore More: What Is the Median Household Income for the Upper Middle Class in 2024?

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jmoor17 / Getty Images

Wyoming

  • Unemployment rate in January 2021: 5.30%

  • Unemployment rate in May 2024: 2.90%

  • Average weekly earnings in January 2021: $1,096

  • Average weekly earnings in May 2024: $1,385

  • YoY home value percentage change Q1 2021: 8.51%

  • YoY home value percentage change Q1 2024: 4.07%

  • State GDP Q1 2021: $46B

  • State GDP Q4 2023: $51B

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This article originally appeared on GOBankingRates.com: The Health of the Economy in Every State Since Biden Was Elected



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