Looking for a change of pace and new state to call home? Check out MoneyRates’ list of the best U.S. states to make a living.
The Old Dominion State improved to the top of the list this year thanks to its adjusted average income figure increasing by $2,557.
Washington held onto the second spot in 2012 for the second year in a row, as its adjusted average income figure jumped by $2,206.
Texans continues to rank among the nation’s top earners thanks to the state’s lack of income tax
The state took a hit in the rankings falling from the top spot last year as its adjusted average income figure dropped and its state income tax rate rose.
Higher average incomes and lower taxes helped boost the Centennial State into the fifth spot in 2012 from ninth last year.
A restoration of the auto industry, which improved the state’s unemployment rate, helped push Michigan into the top 10 this year.
No state income tax and an unemployment well below the national average helped Wyoming crack the top 10 in 2012.
Cheap living in Utah helps its resident keep more of their hard-earned dollars in their pocket.
The First State nearly dropped out of the list from 2011 as the cost of living increased cost increased faster than the national average.
Massachusetts rounds out the list after falling form sixth in 2011.
If you are on the job hunting or looking for a new place to relocate, MoneyRates.com breaks where in the U.S. is the best place to make a living.