These 10 States Have the Fewest Households With a $100K Net Worth

If you're struggling to build wealth, where you live might be partially to blame. Factors like the local job market, economy, cost of living, home values and taxes can all play into your net worth, so it's not too surprising that the median net worth varies drastically by state.

According to a SmartAsset analysis, the median net worth in the United States ranges from $62,500 to nearly $700,000, depending on the state. Here's a look at the states with the lowest percentage of households with a net worth of $100,000 or more.

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1. Arkansas

• Median net worth: $62,500

• Percent of households with a net worth of $100K-plus: 44.4%

2. Mississippi

• Median net worth: $87,280

• Percent of households with a net worth of $100K-plus: 45.8%

3. Louisiana

• Median net worth: $85,230

• Percent of households with a net worth of $100K-plus: 45.9%

4. Oklahoma

• Median net worth: $78,510

• Percent of households with a net worth of $100K-plus: 45.9%

5. Kentucky

• Median net worth: $81,900

• Percent of households with a net worth of $100K-plus: 46%

6. New Mexico

• Median net worth: $77,500

• Percent of households with a net worth of $100K-plus: 49%

7. Alabama

• Median net worth: $103,500

• Percent of households with a net worth of $100K-plus: 50.9%

8. West Virginia

• Median net worth: $115,000

• Percent of households with a net worth of $100K-plus: 51.5%

9. New York

• Median net worth: $132,800

• Percent of households with a net worth of $100K-plus: 53.5%

10. Missouri

• Median net worth: $118,700

• Percent of households with a net worth of $100K-plus: 55.2%

While individual circumstances matter most, these rankings show how local economies, housing markets and wages can shape wealth outcomes. For households trying to build net worth, understanding regional challenges can help inform career, housing and long-term financial decisions.

This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.

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