Sunday, May 26, 2024
Hawai'i Free Press

Current Articles | Archives

Tuesday, May 3, 2022
Hawaii Most Expensive, but Ranks 24th in Earnings
By Selected News Articles @ 3:48 AM :: 1530 Views :: Hawaii Statistics, Cost of Living
Rank State Per capita income in 2021 ($) Adults with a bachelor's degree or higher (%)
24 Hawaii $61,302 33.6

 

Here’s How Rich Hawaii Residents Are Compared to the Nation

by Samuel Stebbins, 24/7 Wall St. via The Center Square, Apr 29, 2022

The United States is in a period of historic inflation. The consumer price index rose by 8.5% over the 12 months ending in March 2022, the fastest increase in over four decades. Though it is not keeping pace with inflation, income is also on the rise in the United States.

Personal income per capita in the United States increased by 7% in 2021, according to the Bureau of Economic Analysis. Based on the latest population data from the U.S. Census Bureau's American Community Survey and annual income data from the Bureau of Labor Statistics, per capita income in the United States is $64,478.

It is important to note that income per capita includes not only wages and salaries, but also Social Security and other government benefits, dividends and interest, profits from business ownership, and other sources.

In Hawaii, per capita income stands at $61,302, lower than the national figure and the 24th highest among states.

According to the Bureau of Labor Statistics, workers with a bachelor's degree earn about 65% more each week than those with no education beyond high school. Perhaps not surprisingly, states with higher than average income often also have better-educated populations, but Hawaii is a notable exception. An estimated 33.6% of the state's 25 and older population have a bachelor's degree or higher, compared to 32.9% of all Americans in the same age group.

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii