All 50 States Ranked from Poorest to Richest

Vermont stays near the middle because its small, rural economy limits large-scale industry and high-paying corporate jobs. Many workers rely on tourism, small businesses, and public-sector roles, which tend to offer steady but not high wages. A shrinking population also affects economic expansion and statewide earnings.

The state’s outlook could improve if remote work continues to attract higher-earning professionals who bring income without requiring large companies. Expanding clean energy and sustainable agriculture may also generate better-paying opportunities. Efforts to draw younger residents could help boost economic activity over time.