Personal finance website WalletHub has recently determined which U.S. states have contributed most to America’s innovative success and which have been lacking.
The site analyzed the states (and the District of Columbia) across 18 key metrics such as share of STEM professionals, scientific knowledge output, eighth grade math and science performance, R&D spending per capita, tax friendliness, and average internet speed.
Below are some of the highlights from the analysis followed by the ten most and least innovative states:
- The District of Columbia has the highest share of STEM professionals, 9.4 percent, 2.8 times higher than in Mississippi and Nevada, which have the lowest at 3.3 percent each.
- Virginia has the highest share of technology companies, 7.52 percent, 3.9 times higher than in West Virginia, which has the lowest at 1.95 percent.
- New Mexico has the highest research and development (R&D) intensity, 6.31 percent, 19.7 times higher than in Wyoming, which has the lowest at 0.32 percent.
- The District of Columbia has the fastest average Internet speed, 22.47 Mbps, 2.1 times faster than in Idaho, which has the slowest at 10.65 Mbps.
- The District of Columbia has the highest share of public high-school students who completed advanced-placement (AP) exams, 60.2 percent, 4.4 times higher than in North Dakota, which has the lowest at 13.8 percent.
Most Innovative States
1. District of Columbia
2. Maryland
3. Massachusetts
4. California
5. Colorado
6. Washington
7. Virginia
8. Utah
9. Connecticut
10. New Hampshire
Least Innovative States
42. Maine
43. South Dakota
44. Iowa
45. Tennessee
46. North Dakota
47. Oklahoma
48. Kentucky
49. Louisiana
50. Mississippi
51. West Virginia
For the full list and an in-depth look at the methodology, click here.
Related Stories
Market Data | Nov 30, 2016
Marcum Commercial Construction Index reports industry outlook has shifted; more change expected
Overall nonresidential construction spending in September totaled $690.5 billion, down a slight 0.7 percent from a year earlier.
Industry Research | Nov 30, 2016
Multifamily millennials: Here is what millennial renters want in 2017
It’s all about technology and convenience when it comes to the things millennial renters value most in a multifamily facility.
Market Data | Nov 29, 2016
It’s not just traditional infrastructure that requires investment
A national survey finds strong support for essential community buildings.
Industry Research | Nov 28, 2016
Building America: The Merit Shop Scorecard
ABC releases state rankings on policies affecting construction industry.
Multifamily Housing | Nov 28, 2016
Axiometrics predicts apartment deliveries will peak by mid 2017
New York is projected to lead the nation next year, thanks to construction delays in 2016
Market Data | Nov 22, 2016
Construction activity will slow next year: JLL
Risk, labor, and technology are impacting what gets built.
Market Data | Nov 17, 2016
Architecture Billings Index rebounds after two down months
Decline in new design contracts suggests volatility in design activity to persist.
Market Data | Nov 11, 2016
Brand marketing: Why the B2B world needs to embrace consumers
The relevance of brand recognition has always been debatable in the B2B universe. With notable exceptions like BASF, few manufacturers or industry groups see value in generating top-of-mind awareness for their products and services with consumers.
Industry Research | Nov 8, 2016
Austin, Texas wins ‘Top City’ in the Emerging Trends in Real Estate outlook
Austin was followed on the list by Dallas/Fort Worth, Texas and Portland, Ore.
Market Data | Nov 2, 2016
Nonresidential construction spending down in September, but August data upwardly revised
The government revised the August nonresidential construction spending estimate from $686.6 billion to $696.6 billion.
