Thanks to a low percent of incidents of workplace injury and low state tax on average income, Illinois was ranked the fifth best state for making a living in 2015, according to personal finance site MoneyRates.
The list, which ranked the top 10 best and worst states for making a living in 2015, was based off the five factors that most affect income and job security: average wages, state tax rates, cost of living, unemployment rates, and incidents of workplace injury.
Here are the top ten best states to make a living in 2015:
And the ten worst:
9. Rhode Island
8. South Dakota
4. West Virginia
With an average income of $45,330 and no state tax on average income, Texas wins best state to make a living in 2015. Hawaii comes in last thanks to a $3,074 average state tax on income and a Cost of Living index of 170.8. Illinois is average for income, and actually has a higher than average unemployment rate, but it’s few incidents of workplace injuries and low state income tax puts Illinois in the top ten.
But the best state to make a living in doesn’t necessarily mean the best paycheck. In fact, Hawaii’s average income ($46,230) is actually higher then Texas’s. And most of the paychecks of the states ranked best to make a living in are only slightly larger than those in the bottom ten.