U.S. Census Bureau
| [hide]Total fiscal year 2015 state debt, U.S. Census Bureau | ||
|---|---|---|
| State | Total state debt | State debt per capita |
| Washington | $32,231,967,000 | $4,501 |
| Idaho | $3,685,377,000 | $2,230 |
| Nevada | $3,351,972,000 | $1,162 |
Which US state is the most in debt?
In 2019, the federal state of California had about 506.66 billion U.S. dollars of debt outstanding, the most out of any state.
How much money does Washington state have?
FY 2021: $26.4 billion/$61.8 billion. FY 2020: $24.0 billion/$54.3 billion.
How much is each state in debt?
| State | State Debt | Gross State Product |
|---|---|---|
| California | $146.7 | $3,571.7 |
| Colorado | $22.3 | $445.7 |
| Connecticut | $41.3 | $308.1 |
| Delaware | $5.3 | $83.6 |
What states are in financial trouble?
States with the Most Debt
- New York. New York has the highest debt of any state, with total debt of over $203.77 billion.
- New Jersey. New Jersey has the second-highest amount of debt in the country.
- Illinois.
- Massachusetts.
- 5. California.
- Texas.
- Florida.
- North Carolina.
What is California’s debt right now?
In the fiscal year of 2021, California’s state debt stood at about 143.73 billion U.S. dollars. By the fiscal year of 2027, this is expected to increase to about 188.54 billion U.S. dollars.
Is Washington state rich?
Washington is the twelfth richest state in the United States of America, with a per capita income of $22,973 (2000) and a personal per capita income of $33,332 (2003).
What is Washington’s main source of income?
Major Categories of State Revenue in Washington
Taxes are an important revenue source for Washington, comprising almost all of the general fund but slightly less than 50 percent of all revenues. Other sources of revenue include federal and other grants, license and permit fees, charges for services, and borrowing.
How does Washington make money without taxes?
Washington is one of a few states without personal or corporate income taxes. Washington depends more heavily on excise taxes, including the general sales & use tax, selective sales taxes, and the gross receipts tax (business & occupation tax) than most any other state.
Is there any state not in debt?
States With the Least Debt in 2020
Alaska takes the No. 1 spot, with a tiny debt ratio of only 14.2%. Its total liabilities amount to only $12.65 billion compared to total assets of approximately $89.17 billion in 2019.
Who holds US debt?
The public holds over $22 trillion of the national debt. 3 Foreign governments hold a large portion of the public debt, while the rest is owned by U.S. banks and investors, the Federal Reserve, state and local governments, mutual funds, pensions funds, insurance companies, and holders of savings bonds.
How much is New York’s debt?
In the fiscal year of 2021, New York’s state debt stood at about 160.65 billion U.S. dollars. By the fiscal year of 2027, this is projected to increase to 202.65 billion U.S. dollars.
What state is the best financially?
Alaska is the top state for fiscal stability. It’s followed by South Dakota, Tennessee, Idaho and Utah to round out the top five. Half of the 10 states with the best fiscal stability also rank among the top 10 Best States overall. Learn more about the Best States for fiscal stability below.
Which state has strongest economy?
Washington topped the list of best state economies, ranking third on economic activity, seventh on economic health, and second on innovation potential. Utah and California rounded out the top three state economies. At the bottom of the list were Louisiana, Alaska, and West Virginia.
Which state has the best economy 2022?
The new top state for business in 2022 is North Carolina, according to a new CNBC study, thanks to putting partisanship aside to build the nation’s strongest economy.
Is the state of Oregon in debt?
In the fiscal year of 2020, the state of Oregon had state debt totaling 16.61 billion U.S. dollars.
Is Hawaii state in debt?
In the fiscal year of 2020, the state debt of Hawaii was about 10.07 billion U.S. dollars. In that same year, the state’s local government debt was 7.31 billion U.S. dollars.
What countries do we owe the most to?
Foreign governments who have purchased U.S. treasuries include China, Japan, Brazil, Ireland, the U.K. and others. China represents 29 percent of all treasuries issued to other countries, which corresponds to $1.18 trillion. Japan holds the equivalent of $1.03 trillion in treasuries.
What is the poorest city in Washington?
Yakima was ranked the poorest city in Washington in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nation’s median annual household income of $65,712.
What is the richest city in Washington state?
“Any towns with a population smaller than 1,000 people were omitted.” Stacker says the richest town in Washington is Clyde Hill!
What is the poorest county in WA?
Washington’s Ferry County is in the northeastern part of the state, partially bordering Canada. It is also the state’s poorest, with a median annual household income of $41,939, compared to the state median of $73,775. The county contains part of the Colville Indian Reservation.