I must admit I was a bit surprised. I imagine the size of the state is a factor (see Delaware)?

Newport area defense contract industry, newport brahimns, Prov Families

Maybe a few Providence residents. However, Exeter/West Greenwhich has the states most affluent residents.

I meant Families, not families, but the capital F ones probably wouldn't have their wealth in a place where it could be recorded to make this graphic, so I guess I'm still wrong.

We're on the top of the income heap? Kind of surprising

I’m not surprised. Comparing how most of my friends are doing in Florida, I realised we complain too much up here. We are quite fine in comparison to how the working class people in other states are doing.

I love feeling above average

Junk data. Median average is a terrible way to measure fat-tailed social phenomena like income.

I just calculated basic numbers on a median calculator.

Here is the link if anyone is curious.

Median calculator

Edit: Basic numbers not basically.

I walk into my local Dunkin, and see five of neighbors waiting for coffee. I survey them and learn that 3x make $60k a year, one makes $90k, and the last one makes $130k. The median is $80k, pretty close to the average you shared here. However, this data does not really tell you what the “average” person makes in your neighborhood. Someone making $250k could easily live next to a pensioner making $30k. Taleb does a great job explaining the asymmetric nature of social data in “Fooled by Randomness.”

In short, I really have no idea what the average income is in RI with a simple median income calculation.

I was trying to back up your point but I suck at commenting 😔

😂✋

I don’t have time to provide citation right now but if you look up census bureau data yourself you can easily find that whoever made this figure messed something up…Rhode Island definitely has lower median household income than MA and CT. We rank about 15th last I checked.

Wrong

https://worldpopulationreview.com/state-rankings/median-household-income-by-state