Top 10 States for the Middle Class - YouTube

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Are you in the middle class? Looking to settle down maybe buy a home?
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if so keep watching What is going on everyone? Welcome back
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to the world according to briggs let's take a look at the best states to
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be in the middle class in case you didn't see the worst states for the
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middle class video let me recap what is considered the
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middle class pew research defines the middle class as
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people earning between two-thirds and double the median household income
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in the united states which in 2019 was 61 000 this means that the category
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of middle income is made up of people making somewhere
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between 42 000 and 123 000 in 2019.
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do you fall into the middle class in the 1970s 61 percent of the united states
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adults were living in the middle class as of 2019
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50 of us are the middle class is shrinking
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the states on this list offer you the best chances to stay
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in the middle class or even move up and out of the middle class you know
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the right direction not down like in the last video
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all right let's take a look number 10 wisconsin wisconsin is one of
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the top five states to raise a family year over year it's always in the top
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five this entire state is sort of family orientated and people never leave
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wisconsin has this strange thing where they
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are the state with the lowest percentage of born and raised residents
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migrating outwards they just don't leave here wisconsin has a lot of good things
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going for it that makes people stay and not all of them include cheese
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the five year change in middle class income in
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wisconsin is up one percent that doesn't sound like a big deal i get it but keep
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in mind some of the worst states declined 10 to
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almost 15 percent the high school graduation rate in
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wisconsin is 90 percent great place to you know get an education
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the in-state tuition fees are not that bad
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the 2019 to 2020 year it's about nine thousand dollars some states are above
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fifteen thousand just for a year of school number nine
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south carolina south carolina became the eighth state to ratify the us
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constitution on may 23 1788 it also became the first
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state to vote in favor of succession from the union on december 20th
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1860. these days it's a great place to be for the middle class
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one thing about south carolina in the last decade it's become a place for
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opportunity if you like the south warm summers and
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really nice beaches south carolina is a good choice and if
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you've ever dreamed about the united states splitting in two again they'll
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probably be the first state to green light the idea
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the five-year change in middle class income households is
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up 3.6 so they're gaining where a lot of states are either
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even or declining the high school graduation rate here
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is 85 solid not bad the median listing price for a home in south carolina is
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249 thousand dollars meaning you gotta have roughly fifty thousand dollars
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for a down payment you're twenty percent so that's not terrible
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home ownership in south carolina is really high it's like seventy five
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percent actually seventy four point one percent so it's
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pretty high compared to other states where it's
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barely 50 percent number eight north carolina north carolina was once
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combined with south carolina to form a single
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territory and it was also one of the original 13 colonies it became the 12th
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state in 1879 and it also sent the most troops to
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fight in the civil war part of the confederacy and then later
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on we decided to let them back in that was 1868 north carolina has always
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been a great state for the middle class or
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lower class and they got nascar yeah it's a thing
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the tar heel state is a state that's expected to see a lot of growth
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post pandemic so we'll see how that one works out the five year change in middle
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class income households is two percent it's
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raised two percent that's good high school graduation rate is 89
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now you could go to college here for pretty cheap the in-state tuition
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for 2019-2020 is about seven thousand dollars
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that's not bad if you're looking to buy a home the median home
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listing price is 275 000 which means your
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down payment's got to be somewhere around 54 55
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000 definitely not a bad place to live number seven ohio ohio like so many
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other places in this part of the country was
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first settled by french fur traders it later became a british colony in 1754
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after the french and indian war great britain gave ohio to the us
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after they got their butts handed to him in the revolutionary war so it's been
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handed around a little bit the buckeye state was incorporated into a territory
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in 1787 and ohio became the 17th state in 1803 which
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kind of shocks me i thought they were one of the early ones but i
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guess i was totally wrong i don't know how that one slipped by me
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the five-year change in middle-class income households is 1.2 percent which
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is solid their high school graduation rate is
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better than i thought it was going to be it's 86 the in-state tuition is a little
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bit high about 11 000 but you kind of get a sweet
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deal when it comes to housing the median home listing price is 177
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000 that's pretty low the cost of your 20
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mortgage down payment is gonna be a little over thirty five thousand dollars
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the average monthly mortgage payment in ohio is
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880 that's nice number six arkansas i've given arkansas
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a hard time on a lot of videos in the past
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mostly because the state it's just wrecked with poverty in a lot of
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different areas that may not be like a forever
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thing for arkansas arkansas is showing some promise and
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hardly anyone makes marrying your first cousin jokes anymore if the northwest
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corner of arkansas is any indication of the future of the
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natural state things are looking a lot better fayetteville rogers and
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springdale are not acting like arkansas cities they have jobs good
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schools educated people and hardworking people the five-year
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change in the middle class income households is up just under three
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percent which is solid and arkansas has a 90
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percent graduation rate that's phenomenal you don't expect that from
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them their in-state tuition only nine grand a year now here's where
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they really shine the median home listing price is just
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under 180 000 that's not bad that means your down
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payment's got to be somewhere around 35 000 a little bit over and the property
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tax is .63 in arkansas yeah like i said it could be
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so much worse arkansas is looking better all the time
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number five tennessee at number five we have volunteer state tennessee
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if you stay out of memphis tennessee is a solid choice for anyone looking to
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start a new life you have knoxville nashville and
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chattanooga to choose from really unless you go to a smaller
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town i like chattanooga if you ever visit there go to the tennessee aquarium
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it's one of the best aquariums i've ever seen
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knoxville is probably a good place for families and they got a lot of work
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there if you're younger maybe nashville
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nashville always reminds me of where people end up because they didn't
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have enough gas to get all the way to austin texas but it's a solid place for
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the middle class the five-year change in middle-class
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income households is 2.09 that's good high school graduation rate
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is 91 and it costs about 10 000 a year to go
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to school there the median home list price is 255
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000 which means you need about 51 000 to slap down for that 20 mortgage down
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payment all in all tennessee's start to become a very
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popular place and it's not just the upper class people that are looking to
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move here actually they're not it's middle class people number four
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florida and the sunshine state makes it onto a
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list and we're not even talking about hurricanes
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that's amazing florida's very interesting state to someone like me i
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pour over stats about states and cities every freaking day they
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always seem to be on the list for both good and bad it's weird so i
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could do five videos about positive stuff about states
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and for some reason more often than not florida seems like they're on that list
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then i can turn around do five negative videos of different stats and they
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always seem to be there too they never seem to be in the middle
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they however are a great place for the middle class they have some great cities
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and a lot of good blue-collar jobs throughout the state they also have
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solid middle class stats the five-year change in middle class
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income households has risen 1.7 high school graduation rate isn't
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the best it's only 82 percent but you know these days anything over 80 to
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me is a win the in-state tuition and fees for 2019-2020 school year is
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only 6 300 that's amazing the median home
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list price is about three hundred thousand two hundred and ninety six
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thousand it's a little bit up there and it's
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gonna make your mortgage down payment around
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60 grand but what gets them on the list is they're increasing
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and it's dirt cheap to go to a college there in most cases obviously private
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schools can be a little bit different but the state ones are
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pretty cheap compared to other states number three
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missouri missouri became a u.s territory as part of the louisiana purchase
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in 1803 and a year later lewis and clark rolled through
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st louis to explore the rest of what would soon be our country
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and they were never seen or heard from again just kidding
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they found the pacific ocean and we're back like two years later the show me
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state has always been a state that prides itself on hard work and being
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down to earth this is an amazing state has a lot of
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good things going for it especially last couple years things are getting better
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i mean unless you're in st louis missouri is a great place for the middle
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class this is a nice place to buy a home send
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your kids to school as long as like i said you're not doing
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that in st louis the five year change on middle class
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income is point five percent increase so they're
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doing a little bit better not as good as some of the other ones on here their
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high school graduation rate again 90 which is solid tuition for a year is
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about 8 000 and then when it gets to housing that's
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where they really shine the median home list price is about 187
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000 which means your mortgage down payment is going to be somewhere around
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37. all in all it's a good state and things
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are looking good post-pandemic for the state of missouri number two
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mississippi as you can imagine i almost fell out of my chair when i realized
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mississippi was on a positive video i really shouldn't have been that
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surprised earlier this year we came to find out that the magnolia state has one
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of the top five education systems in the country
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yeah it's a great place for middle class that's one of the top things the middle
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class is looking for good schools that's why i keep bringing
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up how cheap it is to go to a university in some of these states it's very
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important to the middle class the five year change in
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middle class income households is 6.78 that's i think the best on this list
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it's phenomenal they're actually gaining money but you know really they
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were so low on the totem pole when it came to
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earnings like for the last 20 30 years this isn't as big a step as it sounds
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they're finally catching up with people but it's still solid the high school
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graduation rate is right about 91 percent
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the in-state tuition for 2019 is about 8 500 now here's one of the finer points
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of mississippi it's got some of the cheapest real estate in the country the
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median home list price is 185 000
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that means you need right around 37 000 for your down payment
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which is good the average monthly mortgage payment in mississippi
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is only 814 dollars and homeownership rate is 73.7 percent
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good numbers and number one indiana at number one we have the
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hoosier state indiana indiana is leading the nation in
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manufacturing job growth right now they have for the last three years
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they have jobs and they're going to have more in the future
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just stay out of indianapolis and you'll be fine try fort wayne
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that's a city that's growing and slowly becoming a hot spot for blue-collar
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millennials yeah they're all heading there it's a
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great place for families indiana has some great stats the five-year change in
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middle-class income household is increased by 1.51
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not the best on this list but solid their high school graduation rate is 87
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and the in-state tuition is about 9 500 that's not bad at all
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now some of the good things are the median home list price
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is about 190 000 that means you need roughly 38
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000 for your down payment the average monthly mortgage payment
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in indiana is 833 and 73 of the population actually own
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their home this is a great place for the middle
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class especially in you know post-pandemic days it'll be
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phenomenal all right that's today's video if you
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live in any of these states tell us about your state leave it in the
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comment section below we'd love to hear about it don't forget all the links
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below give the video a big thumbs up subscribe
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if you haven't already everybody have a great day be nice to
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each other