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Economic well-being rank in United States

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Definition and Source



Economic Well-Being Ranks for 2012 to 2021, 2023 for each state using a consistent set of economic indicators; namely those used to derive the rank reported in the 2012 to 2021, 2023 KIDS COUNT Data Books.

The Economic Well-Being Rank for each state was obtained in the following manner. First, using the 2020 KIDS COUNT Data Book to demonstrate, we converted the 2018 state numerical values for each of the 4 key indicators within each domain into standard scores. We summed those standard scores in each domain to get a total standard score for each state. Finally, we ranked the states on the basis of their total standard score by domain in sequential order from highest/best (1) to lowest/worst (50). Standard scores were derived by subtracting the mean score from the observed score and dividing the amount by the standard deviation for that distribution of scores. All measures were given the same weight in calculating the domain standard score.

Data Source

Population Reference Bureau, analysis of data gathered for the 2012 to 2021, 2023 KIDS COUNT Data Books.

Last Updated

June 2023