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Wednesday, June 17, 2015

Hawaii Lowest Median Income for Families with Father Present

By Selected News Articles @ 9:37 PM :: 8368 Views
 

2015’s Best and Worst States for Working Dads

From Wallet Hub, June 17, 2015

With Father’s Day approaching and nearly 93 percent of dads with kids younger than 18 in the labor force in 2014, the leading personal finance website WalletHub conducted an in-depth analysis on the Best & Worst States for Working Dads.

In order to help dads balance their dual role as parent and provider, WalletHub analyzed the work-life balance, health conditions, financial well-being and child-rearing environments for working dads in the 50 U.S. states and the District of Columbia. We did so using 20 key metrics, which range from the unemployment rate for dads with kids younger than 18 to male life expectancy to day care quality.

Hawaii scores 51st for "median income for families (dad present) with kids younger than 18 adjusted for cost of living" 

Overall Rank State “Economic & Social Well-Being” Rank “Health” Rank “Work-Life Balance” Rank “Child Care” Rank
29 Hawaii 43 3 7 44

Best States for Working Dads

 

Worst States for Working Dads

  1 Minnesota   42 Arizona
  2 New Hampshire   43 Idaho
  3 Massachusetts   44 Alabama
  4 Vermont   45 Alaska
  5 New Jersey   46 New Mexico
  6 Virginia   47 Louisiana
  7 Wisconsin   48 West Virginia
  8 Maryland   49 Arkansas
  9 Utah   50 Nevada
  10 Connecticut   51 Mississippi

Key Stats

  • The median income for families (dad present) with kids younger than 18 adjusted for cost of living is two times higher in the District of Columbia than in Hawaii.
  • The unemployment rate for dads with kids younger than 18 is seven times higher in Nevada than in North Dakota.
  • The percentage of dads with kids younger than 18 living in poverty is four times higher in New Mexico than in New Hampshire.
  • The rate of uninsured men is five times higher in Texas than in Massachusetts.
  • The mortality rate due to heart disease (per 100,000 men) is two times higher in Alabama than in Colorado.
  • The cost of child care adjusted for the median income for families (dad present) is two times higher in New York than in Louisiana.
For the full report and to see where your state ranks, please visit: LINK
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