With immigration reform remaining one of the biggest policy issues in 2018, the personal-finance website WalletHub released its report on 2018's Economic Impact of Immigration by State.
In order to determine which states benefit most from immigration, WalletHub compared the 50 states and the District of Columbia across 19 key metrics, ranging from median household income of foreign-born population to jobs generated by immigrant-owned businesses as a share of total jobs.
Source: WalletHub
Key Stats
- California has the highest share of foreign-born residents, 27.00 percent, which is 17.2 times higher than in West Virginia, the lowest at 1.57 percent.
- Maryland has the highest median household income for the foreign-born population, $72,916, which is 2.1 times higher than in New Mexico, the lowest at $34,220.
- New Mexico has the highest homeownership rate for the foreign-born population, 63.4 percent, which is 1.9 times higher than in North Dakota, the lowest at 33.3 percent.
- New Jersey has the highest share of foreign-born STEM workers, 43.8 percent, 54.8 times higher than in Wyoming, which has the lowest at 0.8 percent.
- The District of Columbia has the highest share of direct and indirect jobs created by the economic contributions of international students, 1.65 percent, which is 82.5 times higher than in Alaska, the lowest at 0.02 percent.
States Where Immigrants Have Biggest Economic Impact
- New York
- California
- New Jersey
- Massachusetts
- Delaware
- District of Columbia
- Maryland
- Illinois
- Connecticut
- Washington
States Where Immigrants Have Smallest Economic Impact
- Arkansas
- Maine
- Tennessee
- South Carolina
- Louisiana
- Idaho
- South Dakota
- Montana
- Wyoming
- Mississippi
To view the full report and your state or the District’s rank, please visit: https://wallethub.com/edu/economic-impact-of-immigration-by-state/32248/
