Alan: The states with the highest real estate value -- and the highest labor union participation -- are all blue states.
The states with the lowest real estate value -- and, generally speaking, the lowest labor union participation -- are red states.
In other words, blue states are sigificantly wealthier -- and, furthermore, blue state wealth is more widely distributed -- in blue states than in red.
"Red State Moocher Links"
Alan: The states with the highest real estate value -- and the highest labor union participation -- are all blue states.
The states with the lowest real estate value -- and, generally speaking, the lowest labor union participation -- are red states.
In other words, blue states are sigificantly wealthier -- and, furthermore, blue state wealth is more widely distributed -- in blue states than in red.
"Red State Moocher Links"
"The Hard, Central Truth Of Contemporary Conservatism"
Republican Rule And Economic Catastrophe, A Lockstep Relationship
More Than 13% Of The Homes In These States Are Worth More Than $1 Million
December 28, 2017
Where are the million-dollar property listings? Odds are high you’ll find them in Washington, D.C., California and Hawaii, all where more than 13% of the homes are worth at least $1 million.
Where are the million-dollar property listings? Odds are high you’ll find them in Washington, D.C., California and Hawaii, all where more than 13% of the homes are worth at least $1 million.
Overflow Data analyzed data from the 2016 American Community Survey, conducted by the U.S. Census Bureau to find the number of owner-occupied units worth $1 million or more.
Here are the top 10 states or jurisdictions with the most million-dollar homes:
| Jurisdiction | Percentage of homes worth more than $1 million |
| Washington, D.C. | 17.3% |
| California | 13.6% |
| Hawaii | 13.5% |
| New York | 7.0% |
| Massachusetts | 5.2% |
| Connecticut | 4.5% |
| Washington | 3.6% |
| New Jersey | 3.5% |
| Maryland | 3.0% |
| Virginia | 2.8% |
| U.S. Census Bureau, analyzed by Overflow Data |
It’s not just homes that are expensive in Washington, D.C., which is ranked the metro area with the highest cost of living. High costs include child care, which runs $31,158 on average. It’s also where drivers occasionally have to fork over as much as $40 in tolls just to drive 10 miles on suburban highways.
Here are the top 10 states or jurisdictions with the fewest million-dollar homes:
| Jurisdiction | Percentage of homes worth more than a million dollars |
| Arkansas | 0.5% |
| Indiana | 0.5% |
| West Virginia | 0.5% |
| Iowa | 0.6% |
| Kansas | 0.6% |
| Mississippi | 0.6% |
| Nebraska | 0.6% |
| Ohio | 0.6% |
| Oklahoma | 0.6% |
| Kentucky | 0.7% |
| U.S. Census Bureau, analyzed by Overflow Data |
Big home prices are paid for with big salaries. Washington, D.C. comes in at No. 3 in a list of median household income by metro area, at $95,843. The metro area extends far beyond the capital, though home prices in the suburbs also tend to be above the national average.
The San Jose metro area in San Francisco has the highest median household income at $110,040.
On the flip side, Arkansas and Mississippi don’t have a single metro area with a median household income over $59,000. Perhaps not surprisingly, the most rural states also tend to have the smallest percentage of million-dollar homes.
Home prices are on the rise in most major cities, especially in tech hotbeds. Home prices rose in Seattle are up 12.7% in the last 12 months, and home prices in Las Vegas are up 10.2%.
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