- A new index by Moneypenny ranks all 50 US states to forecast the richest, based on real GDP, personal income per capita, and Zillow home value data over the past 5–10 years
Q4 2020 hedge fund letters, conferences and more
- California is 2025’s richest state with a predicted real GDP of $3,321,441.4 and home value of $740,577.00
- Massachusetts places second with a personal income per capita of $88,350.19
Predicting The Economic Health Of Each State
With a 33% real GDP annual increase in Q3 2020(1), the US remains one of the richest countries in the world, however, with change sweeping the states it is time to look at which will be the wealthiest as the decade progresses.
After analyzing real GDP(2) and personal income per capita(2) over the past 10 years, as well as Zillow(3) home value data over the past 5 years, leading outsourced communications company, Moneypenny, has created an index that predicts the economic health of each state in 5 years.
Using a forecasting algorithm, each location was given a total score to represent its overall wealth and was then placed in order from largest to smallest and given a ranking from 1 – 50.
The Top 5 Richest States
The top 5 richest states are as follows:
| Rank | State | Real GDP
(est. 2025) |
Personal Income
(est. 2025) |
Home Value
(est. 2025) |
Total Score |
| 1 | California | $3,321,441.49 | $81,477.61 | $740,577.00 | 2.71 |
| 2 | Massachusetts | $581,983.91 | $88,350.19 | $808,818.50 | 2.13 |
| 3 | Washington | $723,533.81 | $78,901.54 | $837,816.32 | 2.00 |
| 4 | New York | $1,637,028.44 | $86,460.65 | $480,559.02 | 1.95 |
| 5 | Hawaii | $90,804.57 | $67,248.07 | $822,628.98 | 1.52 |
California takes a clear lead as the state predicted to be the most stable in 2025, with a total index score of 2.71 followed by Massachusetts (2.13), Washington (2.00), New York (1.95), and Hawaii (1.52).
The 2025 index has also outlined which states may have the weakest economic health out of all in the US.
The Weakest States
Those that feature at the bottom are:
| Rank | State | Real GDP | Personal Income | Home Value | Total Score |
| 46 | Alabama | $211,359.09 | $50,842.99 | $231,933.73 | 0.36 |
| 47 | Oklahoma | $221,707.50 | $52,796.30 | $189,865.16 | 0.35 |
| 48 | Arkansas | $125,881.09 | $52,241.94 | $186,099.36 | 0.30 |
| 49 | West Virginia | $73,126.13 | $47,405.80 | $123,452.55 | 0.09 |
| 50 | Mississippi | $104,703.04 | $44,106.98 | $150,811.84 | 0.06 |
Commenting on the index, Joanna Swash, Group CRO of Moneypenny said: “It’s really interesting to see what the economic position of each state might look like in 2025. All three factors that make up the index are extremely important in determining how wealthy a state is.”
To see where your state ranks, or to have a look at the full index, please visit: https://www.moneypenny.com/
About Moneypenny
Moneypenny is the world's leading provider of telephone answering, outsourced switchboard, live chat, and customer contact solutions. Moneypenny works with businesses of all shapes and sizes, from sole traders right up to multinational corporations.
Moneypenny has over 1,000 staff based across Atlanta, Charleston, USA, and the UK. The company handles over 20 million calls and live chats for 21,000 businesses. Moneypenny is proud to have won the Queen’s Award for Enterprise and has been recognised in the 100 Best Companies to Work For’ six times.
