Economy

How federally dependent is North Carolina? See WalletHub’s state rankings

How much does North Carolina rely on the federal government? Here are the most federally dependent states in America, according to WalletHub.

How federally dependent is North Carolina? See WalletHub's state rankings
The North Carolina State Capitol building in Raleigh. A new WalletHub study ranks the states that are the most and least federally dependent. (Eli Wilson via Shutterstock)

A recent study from WalletHub ranked how federally dependent each of the 50 U.S. states were.

To determine how federally dependent a state was, WalletHub compared all 50 across two key dimensions including state residents’ dependency and state government’s dependency.

State resident dependency was determined by return taxes paid to the federal government, while state government dependency was determined by federal funding as a share of state revenue.

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WalletHub is a personal finance company that provides consumers with tools to improve credit scores, compare credit card offers and personal loans and gain a “holistic picture” of their financial health. The company also conducts studies, including recent studies covered by the Citizen Times measured how gambling-addicted the state was, ranked the 50 states from most to least stressed, chose the best states for drivers and more.

Here’s what the study found on North Carolina and more.

How federally dependent is North Carolina?

Each state was given a point score out of 100 possible points, with 100 representing the highest possible level of federal dependency. N.C. tallied 31.94 total points out of 100, ranking No. 30 out of the 50 states for both state government and state resident dependency levels.

This placed the Tar Heel State at a ranking of No. 32 out of the 50 states for its federal dependency level.

Which states are the most federally dependent in U.S.?

The top 10 most federally dependent states according to WalletHub included:

  • No. 1 – Alaska
  • No. 2 – Kentucky
  • No. 3 – West Virginia
  • No. 4 – Mississippi
  • No. 5 – Louisiana
  • No. 6 – South Carolina
  • No. 7 – Arizona
  • No. 8 – Indiana
  • No. 9 – New Mexico
  • No. 10 – Montana

Which states are the least federally dependent states in the U.S.?

On the other end of the spectrum, the least federally dependent states included:

  • No. 50 – New Jersey
  • No. 49 – Massachusetts
  • No. 48 – Delaware
  • No. 47 – Utah
  • No. 46 – Kansas
  • No. 45 – Illinois
  • No. 44 – California
  • No. 43 – Washington
  • No. 42 – Nevada
  • No. 41 – Iowa

Reporting by Iris Seaton, Asheville Citizen Times / Asheville Citizen Times

USA TODAY Network via Reuters Connect

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