Florida ranks 24th, almost mid-way in terms of the 50 states, in per capita income (PCI), according to data released by the U.S. Bureau of Economic Analysis on Wednesday.
PCI is defined as the average amount of money received by each resident of a given state, in a given year. It is a measure of all sources of income including, salaries, interest payments, dividends and rental income.
Florida’s per capita income of $39,272 is only 96.8 percent of the national average of $40,584 for 2010.
Connecticut topped the rankings with a per capita income of $56,001, followed by Massachusetts, $51,552; New Jersey, $50,781; Maryland $49,025 and New York with a PCI of $48,821, in 5th position.
Mississippi has the lowest rank with a PCI of $31,186.
