Tag: state rankings

February 3, 2025 Off

State of Mind: How Your Location Impacts Your Financial Literacy

A recent study by The Penny Hoarder ranked states based on their support for financial literacy and resilience, using 27 criteria across six categories: personal consumption, earnings, knowledge, investing/savings, state policy, and resilience. **New Hampshire** ranked highest (79.9%), followed by Virginia and Nebraska. Conversely, **Nevada** ranked lowest (40.0%), with Hawaii, Texas, and California also near the bottom. The study highlights the significant impact of state policies,

April 1, 2024 Off

Robot-Proof States: Where Jobs Are Safe From Automation

By The Admiral Staff

An analysis by The Penny Hoarder, using data from an Oxford University study and U.S. Bureau of Labor Statistics, identifies the states most and least vulnerable to job automation. Nevada is predicted to face the largest job losses (757,000), primarily in retail, followed by South Dakota and Alabama. Conversely, the District of Columbia, Massachusetts, and Maryland are considered least vulnerable. While the study has limitations and doesn’t account for gradual change, it highlights potential shifts in

March 30, 2024 Off

Millennial Homeownership: Where to Buy (and Where to Skip)

By The Admiral Staff

A recent Bankrate report analyzed the best and worst states for first-time homebuyers, finding that millennials may need to consider smaller, more affordable states to achieve homeownership. States like California, New York, Texas, Colorado, Oregon, and Massachusetts rank among the toughest due to high housing costs. Conversely, Iowa, Utah, and Minnesota are the most favorable. The report highlights that affordability varies significantly, with the least affordable states requiring over a third of household income for mortgage payments compared to just 1

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