Per Capita GDP by US State, First Quarter 2021

Jul 28, 2021
Per Capita Gross Domestic Product in US States

The chart above shows the per capita annualized nominal gross domestic product (GDP) in each US state as of the first quarter of 2021 in dollars, the change from the previous quarter, and the GDP one year prior.  Every single state's economy grew over the past quarter.

Findings

  • The difference between the state with the largest per capita GDP, Washington, and the state with the smallest, Mississippi, is $55,705.57 (up from $55,066.95 last quarter and up from $53,497.83 last year).  Washington had the largest per capita GDP last quarter and last year and Mississippi had the smallest per capita GDP last quarter and last year.
  • Washington has 2.35 times the per capita GDP that Mississippi does.  The ratio of largest per capita GDP to smallest per capita GDP was down from 2.38 last quarter and down from 2.36 last year.
  • The median per capita GDP in the 50 US states is $65,298.12 (up from $63,512.13 last quarter and up from $63,336.46 last year) and the mean $66,640.69 (up from $64,747.78 the previous quarter and up from $64,860.75 last year).
  • Of the 50 states, 50 saw a rise in per capita GDP in current dollars from the previous quarter while 0 saw a contraction.
  • Of the 50 states, 48 saw a rise in per capita GDP in current dollars from last year while 2 saw a contraction.

Caveats

  • GDP data is from the first quarter of 2020, the fourth quarter of 2020, and the first quarter of 2021.
  • Census data is from 2010.
  • The data is seasonally adjusted in current dollars.
  • Growth rates may differ from those provided by the Bureau of Economic Analysis as the BEA's growth rates are based on chained dollars in conjunction with the chain index or the quality index for real GDP.
  • All figures are rounded to the nearest hundredth.

Details

In absolute terms, Maine had the worst performance over the previous quarter with a gain of $1,181.53.  North Dakota had the best performance with a gain of $4,441.33.  Year over year, Hawaii had the worst performance with a drop of $2,075.64 while Utah had the best performance with a gain of $4,923.87.

In relative terms, Delaware had the worst performance over the previous quarter with a 1.85% gain in per capita GDP while Wyoming had the best performance with a 5.42% gain in per capita GDP.  Year over year, Hawaii had the worst performance with a 2.96% drop in per capita GDP while Utah had the best performance with a 6.96% drop in per capita GDP.

The number of states with a per capita GDP of over $80,000 was seven last year, seven the previous quarter, and eight this past quarter.  Conversely, the number of states with a per capita GDP of less than $50,000 was five last year, six the previous quarter, and four this past quarter.

Wyoming (went from 24th highest per capita GDP to 19th highest) rose 5 spots over the previous quarter.  On the flip side, Hawaii (from 20th to 23rd) fell 3 spots.  Year over year, Utah (15th to 11th) rose 4 spots.  Conversely, Hawaii (17th to 23rd) fell 6 spots.

Data

StateFirst Quarter 2020Fourth Quarter 2020First Quarter 2021
Alabama47,704.7848,100.1649,550.89
Alaska74,432.6873,307.1476,916.95
Arizona59,054.2760,064.0661,716
Arkansas45,206.3545,596.4847,090.42
California85,620.5184,939.886,900.53
Colorado79,543.7779,749.0582,235.51
Connecticut80,682.7980,838.1582,411.28
Delaware84,954.1386,518.7288,118.06
Florida59,643.0259,777.5361,251.48
Georgia65,170.1365,776.0967,502.17
Hawaii70,105.2966,724.7268,029.65
Idaho54,756.3755,727.8757,302.27
Illinois68,932.4669,097.5570,884.05
Indiana58,900.9259,427.9461,250.17
Iowa62,686.4663,785.4565,618.45
Kansas62,358.962,509.3364,555.41
Kentucky49,910.5749,885.0451,362.31
Louisiana55,361.9254,767.3356,821.57
Maine51,431.251,069.9352,251.46
Maryland74,784.4374,981.3176,704.62
Massachusetts91,749.2491,416.6893,456.26
Michigan54,145.3353,445.754,895.38
Minnesota72,493.5472,679.1474,849.08
Mississippi39,463.2639,808.0541,119.98
Missouri55,149.5355,364.9356,795.55
Montana53,854.7553,582.5755,696.04
Nebraska72,669.6272,856.9375,160.33
Nevada66,665.6566,070.2968,564.97
New Hampshire66,941.5266,313.8568,064.37
New Jersey72,983.7672,214.5473,912.25
New Mexico50,729.7349,842.6851,661.41
New York91,765.4489,014.5490,724.61
North Carolina62,989.0463,238.8164,977.79
North Dakota83,880.8482,947.5987,388.92
Ohio60,35460,168.9661,847.77
Oklahoma52,142.9250,855.1752,783.17
Oregon67,262.566,952.0168,541.38
Pennsylvania63,683.8862,936.0164,642.8
Rhode Island58,859.7258,503.1659,903.55
South Carolina53,577.8253,785.0655,232.09
South Dakota68,868.9270,183.8772,315.58
Tennessee59,793.1859,285.6160,894.72
Texas72,314.7372,387.5974,756.16
Utah70,767.9273,383.6275,691.79
Vermont54,362.1153,884.1155,238.51
Virginia70,330.7570,794.0872,473.27
Washington92,961.0994,87596,825.55
West Virginia41,212.3840,992.4243,006.02
Wisconsin61,196.0461,221.5262,839
Wyoming68,627.4265,740.9369,302.87

Sources

US Bureau of Economic Analysis.  2021.  "GDP by State."  Accessed July 20, 2021.  https://www.bea.gov/data/gdp/gdp-state.

United States Census Bureau.  September 2012.  "United States Summary: 2010: Population and Housing Unit Counts."  Accessed January 23, 2018.  https://www.census.gov/prod/cen2010/cph-2-1.pdf.

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