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STUDY: Virginia named top state in which to make a living

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Posted at 11:31 AM, Mar 20, 2012
and last updated 2012-03-20 11:32:07-04

RICHMOND,Va. (WTVR) – Virginia was named the “Best State to Make a Living” according to a report on  MoneyRates.com.

In its report, the website said, “In jumping from fourth to first, Virginia improved its adjusted average income figure by $2,557. This year, Virginia enjoyed a best-of-both-worlds scenario in which its average income rose while its cost of living fell slightly. The state also saw its unemployment rate drop to 6.2 percent, which is well below the national average.”

Virginia Governor Bob McDonnell took the opportunity to use the study as proof he is doing a good job as Governor.

““Our administration is focused on getting Virginians back to work and our economy back on track. Over the past two years, we have put in place numerous policies to help spur private-sector job creation. We have traveled the nation and the world to tell the Virginia story and bring new job-creators to the Commonwealth, and to introduce the Commonwealth’s products to new markets overseas. We have been joined in this effort by lawmakers from both parties as the work to get Virginians back to work is a bipartisan endeavor. That work is getting results,” he said in a statement.

Best States to Make a Living 2012*

  1. Virginia
  2. Washington
  3. Texas
  4. Illinois
  5. Colorado
  6. Michigan
  7. Wyoming
  8. Utah
  9. Delaware
  10. Massachusetts

* according to www.money-rates.com