Foreign Media: U.S. State-by-State Savings Rate Map: Midwest Best at Saving, Hawaii Nearly Spends All Monthly Income
According to data from the American Enterprise Institute, after deducting housing, food, childcare, insurance, and taxes, the median income household with four members retains vastly different proportions of income across U.S. states.
The states with the highest savings rates are concentrated in the Midwest: Iowa leads with 34.7%, allowing about $2,900 (approximately 19,787 CNY) in disposable income per month; South Dakota (34.6%), North Dakota (33.5%), Kansas (33.4%), and Alaska (33.3%) follow closely. States such as Ohio, Missouri, and Wyoming also have savings rates exceeding 30%. The national average stands at 24.7%.
The states with the lowest savings rates face extreme financial pressure: Hawaii retains only 9%, California 10.9%, and although Massachusetts has higher incomes, childcare alone consumes 24% of family income, significantly eroding its income advantage. Notably, despite Texas having no state income tax, it ranks only 39th overall—indicating that tax exemption does not necessarily equate to real affordability.
Original article: toutiao.com/article/1863635944147015/
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