We're Number 11!
Categories: Economy
Rest easy, fellow Minnesotans: We are among the top 22 percent of states in per capita income. Which is, like, totally in the top quarter and easily in the top third. The Minneapolis/St. Paul Business Journal reports the Commerce Department puts our average annual income for 2007 at $41,034. Edging us out for the top ten was Colorado. Damn you, Boulder!
The per capita income statistic, it ought be noted, doesn't take into account income disparity. This explains how Connecticut, with its wealthy suburbs and broken inner cities, placed first.
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