Economic Impact of Immigration by State
From Wallet Hub, January 28, 2020
Immigration, and how to handle it, continues to be a contentious topic in the United States in 2020. Currently, much of the debate revolves around border security and President Trump’s border wall, which may receive $7.2 billion in diverted Pentagon funds this year. This proposition has divided lawmakers. But political differences aside, there’s no question that immigration as a whole affects the economy.
In light of recent developments in U.S. immigration policy, WalletHub compared the economic impact of foreign-born populations on the 50 states and the District of Columbia. We determined which states benefit the most — and least — from immigration using 23 key indicators. Their data set ranges from median household income of foreign-born population to jobs generated by immigrant-owned businesses as a share of total jobs….
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- 17 -- Overall Rank*
- 47.11 -- Total Score
- 12 -- ‘Immigrant Workforce’ Rank
- 2 -- ‘Socioeconomic Contribution’ Rank
- 39 -- ‘Brain Gain & Innovation’ Rank
- 27 -- ‘International Students’ Rank