Residents of Connecticut enjoyed the highest average income per person of any state in the country in 1986, displacing Alaska for the No. 1 spot for the first time in 14 years, the government reported today.
The Commerce Department said residents of Connecticut earned an average of $19,208, an increase of 6.1% over 1985.
This gain far surpassed the nationwide income average gain of 4.3%. Nationally, the average income was $14,461 in 1986, compared to $13,867 in 1985.
New Jersey ranked second among the states with average per-capita income of $18,284 in 1986. By contrast, Mississippi, the perennial last-place finisher, was last again with a per-capita income of $9,552.
Alaska, which had held the No. 1 earning spot since 1973 when it displaced Connecticut, fell to third place with per-capita income of $17,744 last year, a decline of 2.2% from 1985.
In all, Alaska and six other states, located primarily in energy regions, had income performances last year which failed to keep up with the 2.1% rise in inflation.
The smallest percentage gains in per-capita income were generally in the Rocky Mountain region and the Southwest.