[Ed. – Get ready to pack just in case.]
% of Population With Bachelor’s Degrees: 38.2%
Median Household Income (2013): $65,339 (5th)
Average SAT Score (2013): 1553
Massachusetts is home to some of the most prestigious schools in the world including Harvard University and the Massachusetts Institute of Technology. Tuffts University, Boston College and Wellesley also call the state home. The state reported a gross state product of $404 billion in 2012, while per capita personal income was third highest in the nation at $53,221. Median household income in the state was $65,339 last year. Nearly a third of working residents in the state were employed in education, health care or social assistance.
Dumbest: West Virginia
% of Population With Bachelor’s Degrees: 17.3%
Median Household Income (2012): $40,196 (48th)
Average SAT Score (2013): 1513
The “dumbest” state on our list has a median income that is the third lowest in the country and a poverty rate of 17.8%, or 38th in the country. Despite this, the city of Morgantown, home to West Virginia University, was ranked by Forbes as one of the 10 best small cities in which to do business in 2010. In an effort to attract businesses, the state’s corporate income tax is set to be reduced to 6.5% from 8.5% this year. The state’s once robust coal industry has taken a hit as the industry faces increased competition from other energy sources and tougher regulations. Despite this downturn, the state exported $2.9 billion worth of coal last year and the industry employs 30,000 West Virginians.