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America may be a free country, but not all states are as independent as others, according to one study.
Last week, WalletHub published a report that found the most and least independent states in 2022.
For its report, WalletHub compared all 50 U.S. states based on 39 metrics in five categories: financial dependency, government dependency, job market dependency, international trade dependency and vice dependency.
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Aside from its overall ranking, WalletHub also found how states did within specific metrics.
For example, WalletHub found that Minnesota had the highest median credit score and the highest percentage of households with rainy-day and emergency funds.
Meanwhile, Mississippi had the lowest median credit score, while West Virginia had the lowest percentage of households with rainy day and emergency funds.
West Virginia was also found to have the lowest median household income, adjusted by cost of living, while Virginia had the highest.
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WalletHub found that Delaware is the least federally dependent state, while Alaska is the most.
Five states – Utah, Nebraska, New Hampshire, Vermont and Alabama – were tied for the state with the lowest unemployment rate, while Alaska was found to have the highest unemployment rate.
Hawaii was found to have the lowest percentage of state GDP generated by exports to other countries, while three states – Kentucky, Texas and Louisiana – tied for the state with the highest percentage of state GDP generated by exports to other countries.
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WalletHub also found that South Dakota is the state with the lowest percentage of adult drug users, while the report found that Vermont had the highest percentage of adult drug users.
To see the overall results, here are the most and least independent states in 2022, according to WalletHub.
Most independent states in 2022
Utah is the most independent state in the U.S. this year, according to WalletHub. Utah’s capital, Salt Lake City, is pictured. (iStock / iStock) 1. Utah 2. Colorado 3. Massachusetts 4. Virginia 5. Nebraska 6. Florida 7. Idaho 8. Wisconsin 9. Washington 10. Delaware GET FOX BUSINESS ON THE GO BY CLICKING HERE Kentucky was found to be the least independent state in 2022, according to WalletHub. Kentucky’s capital, Frankfort, is pictured. (iStock / iStock) 41. New Mexico 42. Indiana 43. Tennessee 44. Alabama 45. West Virginia 46. South Carolina 47. Alaska 48. Mississippi 49. Louisiana 50. Kentucky CLICK HERE TO READ MORE ON FOX BUSINESS Source: Read Full Article
Least independent states in 2022
