FACTOID # 2: Minnesota and Connecticut are both in the top 5 in saving money and total tax burden per capita.
 
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Economy Statistics > Nest Egg Index (most recent) by state

DEFINITION: Index ranking the ability to build and nurture financial saving and retirement assets. Factors include: Savings propensity (proportion of households in the area that have a savings product of any type — e.g., regular savings account, CD, IRA); 401(k) retirement plan penetration; Non-401(k) retirement savings plan penetration (e.g., pension plans); Investing propensity (proportion of households in the area that have any investment product or service, excluding 401(k) plans); Net worth; Owner-occupied housing value; First mortgage balance; Personal debt level; Home ownership; Household income, Cost of living; Local employment rate.
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Showing latest available data.
Rank   States  Amount 
# 1     New Jersey: 114.35 
# 2     Connecticut: 113.98 
# 3     Minnesota: 113.7 
# 4     New Hampshire: 112.19 
# 5     Massachusetts: 111.77 
# 6     Maryland: 111.4 
# 7     Delaware: 108.73 
# 8     Michigan: 107.45 
# 9     Wisconsin: 107.41 
# 10     Colorado: 106.41 
# 11     Illinois: 105.87 
# 12     Virginia: 105.14 
# 13     Utah: 104.71 
# 14     Indiana: 103.8 
# 15     Washington: 103.55 
# 16     Alaska: 103.46 
# 17     Pennsylvania: 103.44 
# 18     Vermont: 103.33 
# 19     Iowa: 103.3 
# 20     Kansas: 103.18 
# 21     Hawaii: 102.95 
# 22     Rhode Island: 102.02 
# 23     Ohio: 101.94 
# 24     Missouri: 100.81 
# 25     Oregon: 100.04 
# 26     Maine: 99.71 
# 27     Nevada: 99.04 
# 28     Idaho: 98.71 
# 29     Arizona: 98.49 
# 30     Wyoming: 97.96 
# 31     North Carolina: 97.91 
# 32     California: 97.86 
# 33     Nebraska: 97.24 
# 34     South Dakota: 97.14 
# 35     Florida: 97.04 
# 36     Georgia: 96.81 
# 37     North Dakota: 96.36 
# 38     New York: 95.53 
# 39     South Carolina: 94.37 
# 40     Montana: 94.2 
# 41     Kentucky: 92.97 
# 42     Tennessee: 92.55 
# 43     Texas: 92.02 
# 44     New Mexico: 91.46 
# 45     West Virginia: 90.39 
# 46     Alabama: 89.29 
# 47     Oklahoma: 87.77 
# 48     Arkansas: 87.12 
# 49     Louisiana: 86.94 
# 50     Mississippi: 85.48 
Weighted average: 100.2  

SOURCE: A.G. Edwards

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CITATION

"Nest Egg Index by state", A.G. Edwards. Retrieved from http://www.StateMaster.com/graph/eco_nes_egg_ind-economy-nest-egg-index

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