Texas Ranked the Best State to Make a Living In
Looks like it's a great day to be a hardworking Texan.
The fine folks at MoneyRates evaluated several factors to determine the value of your wages in each state. Basically, which state gives you the best chance at a decent paycheck and how much of it you get to keep. Texas has come in first place on this list as the best state to make a living in.
They say the average wages in Texas was only slightly above the national average, workers in Texas get good value from those wages. They break it down by this:
Cost of living index: 94.4
Average wage: $45,330
State tax on average income: $0
Unemployment rate: 4.2 percent
Workplace illness, injuries and fatalities per 100 workers: 2.7
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