20. More Stable Economies
Tennessee, the home of the country music and blues industry thanks to the cities of Nashville and Memphis, has a more developed economy than its neighbors to the south, Mississippi, and Alabama. And while the state does have pockets of extreme poverty, it also has a higher income for those in the top one percent. They make more than $333,000 per year. Many of those are country music stars whose homes are in and around Nashville.
Florida, a state that is all but synonymous with beaches and amusement parks, also has a higher threshold for the top one percent who are considered rich than its neighboring states of Alabama and Georgia. You have to make $417,000 per year to be in the top one percent of earners in Florida, though many people make much, much less, and quite a few earn significantly more. The average income for those in the top one percent in Florida is over $1.54 million.