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| Variable: |
Economy > Nest Egg Index |
Lifestyle > Best States to Live |
| Plot Display: |
Linear |
Logarithmic (base 10) |
| 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. |
Livability Index by state. "To determine a state's 'Livability Rating,' each state's rankings for 44 factors were averaged. The scale is 1 to 50, the higher the number, the better. Data used are for the most recent year in which comparable numbers are available from most states. All factors were given equal weight. States with no data available for a given category were ranked based only on the remaining factors. In our book, data are listed from highest to lowest. However, for purposes of this award, we inverted rankings for those factors we determined to be 'positive.' Thus the state with the highest median income in the book (ranking 1st) would be given a number 50 ranking for this award." - Morgan Quitno Press |
| Source: |
A.G. Edwards |
Morgan Quitno Press, 2005 |
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