Study says West Virginia has second worst state economy in US. Here's why
CLARKSBURG, W.Va. (WBOY) — A recent ranking found that West Virginia has the second-worst economy in the U.S., with only Iowa scoring lower in several combined categories.
In the WalletHub ranking of best and worst economies that was released on June 2, West Virginia scored 50th overall, 38th in the Economic Activity category, 45th in the economic health category and dead last in the Innovation Potential category. Despite several new large industries announcing plans to come to West Virginia—including a data center in Tucker County—and growing industries in general, industry is still on the decline.
According to the study, West Virginia was 48th for startup activity, 48th for state-government surplus per capita, 49th for percent of jobs in high-tech industries and last in median household income.
McDonald's finally announces return date for beloved Snack Wraps
A second WalletHub study published on June 3 found that West Virginia has the lowest income level in America, with the state's top 5% earners, lowest 20% earners and median income all among the lowest in the country, even when adjusted for cost of living.
On the other side of the spectrum, the ranking said that Massachusetts, Utah, Washington, California and New Hampshire have the best state economies, with Utah leading the country in economic activity and Massachusetts coming out on top for innovation potential.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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