New Jersey is Among 2023’s 15 Most Independent States – WalletHub Study

With Independence Day right around the corner and high inflation threatening Americans’ financial independence, the personal-finance website WalletHub today released its report on 2023’s Most Independent States, as well as expert commentary. This study follows WalletHub’s reports on the Best Places for 4th of July Celebrations and Most Patriotic States.

To determine the most self-sufficient states, WalletHub compared the 50 states across 39 metrics, which measure how dependent Americans are on the government and other people for finances, their jobs and personal vices. You can find highlights from the report below.

Independence in New Jersey (1=Best; 25=Avg.):

  • 2nd – Median Debt per Income
  • 8th – Share of Adults Saving for Children’s College Education
  • 9th – Share of Households Receiving Public Assistance
  • 20th – Share of Federal-, State- & Local-Government Employees
  • 27th – Share of Jobs Supported by Exported Goods
  • 5th – Share of Current Adult Smokers

For the full report, please visit:
http://wallethub.com/edu/most-independent-states/36426

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