WalletHub Study: 2023’s Best & Worst States to Raise a Family

Happy New Year! With rampant inflation making raising children much more costly than usual, the personal-finance website WalletHub today released its report on 2023’s Best & Worst States to Raise a Family, as well as expert commentary.

To determine the best states in which to put down family roots, WalletHub compared the 50 states across 51 key indicators of family-friendliness. The data set ranges from the median annual family income to housing affordability to the unemployment rate.

Raising a Family in California (1=Best; 25=Avg.):

• 11^th – % of Families with Young Children
• 42^nd – Child-Care Costs (Adjusted for Median Family Income)
• 2^nd – Infant-Mortality Rate
• 45^th – Median Annual Family Income (Adjusted for Cost of Living)
• 35^th – Violent Crimes per Capita
• 31^st – % of Families in Poverty
• 50^th – Housing Affordability
• 37^th – Unemployment Rate
• 12^th – Separation & Divorce Rate
• 13^th – Percentage of Residents Aged 12+ Who Are Fully Vaccinated Against COVID-19

For the full report, please visit: https://wallethub.com/edu/best-states-to-raise-a-family/31065