GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.

Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
Using each data point, the change in units and percent was calculated.
The average total monthly and annualcost of livingwas also calculated using the average mortgage and average expenditure costs.
Key Findings
Keep reading to see where your state ranks within the nationseconomic growth.
Idaho
2.
Florida
3.
Arizona
4.
Delaware
5.
Tennessee
6.
North Carolina
7.
Utah
8.
New Mexico
9.
Georgia
10.
South Carolina
11.

Alabama
12.
West Virginia
13.
Texas
14.

Montana
15.
Nevada
16.
Colorado
17.

Indiana
18.
Rhode Island
19.
Kentucky
20.

Washington
21.
South Dakota
22.
Mississippi
23.
Ohio
24.
Missouri
25.
California
26.
Oregon
27.
Vermont
28.
Michigan
29.
Connecticut
30.
Alaska
31.
New Jersey
32.
Massachusetts
33.
New Hampshire
34.
Arkansas
35.
Louisiana
36.
Virginia
37.
Maine
38.
Illinois
39.
Pennsylvania
40.
Kansas
41.
Nebraska
42.
Iowa
43.
Oklahoma
44.
Maryland
45.
Wisconsin
46.
North Dakota
47.
Minnesota
48.
Wyoming
49.
New York
50.
The average single-family home was sourced from Zillow Home Value Index for December 2021 and December 2024.
Using the average mortgage and average expenditure costs, the average cost of living was calculated.
All scores were summed and sorted to rank each state in economic growth over the last few years.
All data was collected on and is up to date as of Feb. 10, 2025.
For our full Privacy Policy,click here.