New report names ‘poorest’ town in each New England state
A new financial report has named the “poorest” town in each New England state after analyzing data from the U.S. Bureau of Labor and the U.S. Census Bureau.
The website 24/7 Wall Street recently identified the poorest town in each state after crunching data on the median household income in communities with populations between 1,000 and 25,000 people.
“Low incomes in these communities are often reflected in the local housing market,” the website wrote in its report. “In over half of the places on this list, the typical home is worth less than $100,000.”
The poorest towns in each New England state were as follows, according to the website:
Massachusetts: Ware
Median household income: $43,783 (Massachusetts: $89,026)
Adults with a bachelor’s degree or higher: 16.8% (Massachusetts: 45.2%)
Households receiving SNAP benefits: 29.9% (Massachusetts: 12.2%)
Median home value: $183,900 (Massachusetts: $424,700)
Population: 6,339
No. of towns considered in ranking: 152
New Hampshire: Ashland
Median household income: $33,365 (New Hampshire: $83,449)
Adults with a bachelor’s degree or higher: 17.3% (New Hampshire: 38.2%)
Households receiving SNAP benefits: 14.1% (New Hampshire: 6.1%)
Median home value: $160,600 (New Hampshire: $288,700)
Population: 1,778
No. of towns considered in ranking: 52
Vermont: West Brattleboro
Median household income: $36,618 (Vermont: $67,674)
Adults with a bachelor’s degree or higher: 31.9% (Vermont: 40.9%)
Households receiving SNAP benefits: 26.8% (Vermont: 10.3%)
Median home value: $178,500 (Vermont: $240,600)
Population: 2,770
No. of towns considered in ranking: 42
Maine: Machias
Median household income: $20,333 (Maine: $63,182)
Adults with a bachelor’s degree or higher: 18.9% (Maine: 33.6%)
Households receiving SNAP benefits: 38.6% (Maine: 12.1%)
Median home value: $105,000 (Maine: $212,100)
Population: 1,396
No. of towns considered in ranking: 99
Rhode Island: Central Falls
Median household income: $40,235 (Rhode Island: $74,489)
Adults with a bachelor’s degree or higher: 9.2% (Rhode Island: 35.3%)
Households receiving SNAP benefits: 33.7% (Rhode Island: 14.7%)
Median home value: $187,300 (Rhode Island: $292,600)
Population: 22,192
No. of towns considered in ranking: 18
Connecticut: Canaan
Median household income: $28,873 (Connecticut: $83,572)
Adults with a bachelor’s degree or higher: 24.5% (Connecticut: 40.6%)
Households receiving SNAP benefits: 28.8% (Connecticut: 11.5%)
Median home value: $170,300 (Connecticut: $286,700)
Population: 1,243
No. of towns considered in ranking: 126
To view 24/7′s full report, click here.
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