With Father’s Day approaching and nearly 93 percent of dads with kids younger than 18 in the labor force, the leading personal-finance website WalletHub conducted an in-depth analysis of the Best & Worst States for Working Dads.
In order to help dads balance their dual role as parent and provider, WalletHub analyzed the work-life balance, health conditions, financial well-being and child-rearing environments for working dads in the 50 U.S. states and the District of Columbia.Wallet Hub did so using 20 key metrics, which range from day care quality to male life expectancy.
Best States for Working Dads | Worst States for Working Dads | ||||
1 | Minnesota | 42 | New Mexico | ||
2 | Connecticut | 43 | Georgia | ||
3 | Vermont | 44 | Alabama | ||
4 | Massachusetts | 45 | Idaho | ||
5 | New Jersey | 46 | South Carolina | ||
6 | Wisconsin | 47 | Louisiana | ||
7 | Iowa | 48 | Mississippi | ||
8 | Kansas | 49 | West Virginia | ||
9 | Virginia | 50 | Alaska | ||
10 | North Dakota | 51 | Nevada |
Comparing The Best & Worst
- Virginia has the highest median income for families – dad present – with kids younger than 18, at $100,738 – which is two times higher than the state with the lowest, Hawaii, at $51,160.
- Nevada has the highest unemployment rate for dads with kids younger than 18, 7.95%, which is seven times higher than in North Dakota, the state with the lowest rate: 1.20%.
- New Mexico has the highest percentage of kids younger than 18 with dad present living in poverty, 21.28%, which is four times higher than in New Hampshire, the state with the lowest, 5.36%.
- Texas has the highest male uninsured rate, 22.9%, which is five times higher than in Massachusetts, the state with the lowest, 4.9%.
- Alabama has the highest heart disease mortality rate among males, 267.8, which is two times higher than in Minnesota, the state with the lowest, 147.
- Florida has the highest child care costs adjusted for median family income, 13.32%, which is two times higher than in Mississippi, the state with the lowest, 5.82%.
For the full report and to see where your state ranks, please visit:
http://wallethub.com/edu/best–