Following today's news from Bloomberg Business Week that poverty in Orlando is nearing 20 percent, it should come as no surprise that, according to a study by WalletHub, Florida in one of the poorest states in the nation. No. 38, to be exact. Another sobering Florida statistic, we're No. 5 for the highest percentage of households earning between $25,000 and $49,999, with Idaho, South Dakota, Arkansas and Oklahoma claiming the 1-4 spots.
To determine these rankings, WalletHub used three key metrics: tax dollars per capita, income and GDP per capita.
Some other interesting facts from the study:
You can check out the entire study on WalletHub's website.
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