California is an economic basket case.
It is in the midst of a recession and unemployment rates are at historic highs.
And it has the worst income inequality in the nation, with a median household income of $50,000 a year.
But it is also home to some of the richest cities in the country.
Here are some key facts about California that will be new to most people as they learn more about its unique economic landscape.
California’s poverty rate is the lowest in the U.S. and has dropped to 2.4% from 3.2% in 2008.
In 2016, it was the second lowest of all 50 states.
California is the only state with a lower poverty rate than the national average, with 6.1% in 2016.
The state has been the top poverty-ridden state for decades.
It was the top income-producing state for the second consecutive year.
Nearly all of California’s residents have a high school education, and a high percentage of students receive some type of college or university education.
In 2014, California had more than 3.8 million students with an average of 14 years of schooling.
California also has the highest percentage of high school graduates of any state.
The median household earns about $52,000 annually, and the state is one of the highest-earning states in the United States.
The poverty rate in California is 5.9%, compared to the national rate of 5.4%.
In 2017, California surpassed New Jersey to become the second-most populous state in the union with more than 6 million residents.
New Jersey, a state with an unemployment rate of 12.3%, is not even in the top 10 most populous states in terms of population.
The states most populous cities, Los Angeles and New York, have fewer than 1 million residents each.
About 15% of California residents live in urban areas, and an additional 15% live in suburbs, according to the U,S.
The rest of the state has an urban population of more than 200,000.
In 2018, California saw the largest drop in violent crime in its history, from 1,931 to 634.
It also saw a decrease in property crime, from 9,711 to 7,879.
The murder rate fell to its lowest point since 1980, with 7.6 homicides per 100,000 people in 2018.
In California, the average length of a commute from one place to another is a whopping four hours.
In Los Angeles, it is an average eight hours.
In 2020, California ranked 12th in the world in economic growth.
This is the highest ranking it has ever gotten.
The economy is forecast to grow 4.6% in 2020, which is almost double the national growth rate.
California has the third-highest rate of growth in the industrialized world, behind the U.,S.A., and Canada.
Nearly half of the people in California are employed, and almost half of all the workers are employed part-time, according a recent study by the American Action Forum, a nonpartisan group that tracks economic development.
California ranks No. 8 on the list of states with the most affordable housing, with an affordability index of 8.6, according the Housing Foundation.
California ranked No. 5 in the first tier of job opportunities and was No. 1 in the second tier.
It ranked No .6 in the third tier and No. 3 in the fourth tier.
About two-thirds of all people in the state live below the poverty line.
California had the highest rate of low-income housing at 37.9%.
California offers the most generous child care, a tax credit of up to $1,000 for families that can make up the difference, and many benefits, such as unemployment benefits, child care and subsidized housing.
California boasts the highest median household incomes in the entire nation.
California families have the highest income, the highest wages and the highest savings rates, according.
The nation’s median household household income is $52.34, according for the most recent data available from the Bureau of Labor Statistics.
Nearly 50% of people in Northern California have at least a high-school diploma, the lowest rate of college attendance in the region.
More than one in four adults in California has a college degree.
California students have the best graduation rates in the Midwest, with just over 50% completing college.
The fastest growing city in the Bay Area is Oakland, with nearly 30,000 new residents in 2018, according U. of California.
In 2024, the largest number of immigrants to California will be in the city of San Francisco, with more residents than any other U. S. city.
California became the first state to allow marijuana sales in 2018 and is now the seventh in the Western Hemisphere to allow recreational sales. 21