[Alberta's Child]

By this definition, New Jersey is not the richest state in the nation. It may have the highest median income, but it also has a very high cost of living and one of the heaviest tax burdens.

The only accurate measure of wealth across the 50 states is median net family worth (assets minus liabilities).

[tina07]

I knew you were from New Jersey by what you wrote..."very high cost of living and one of the heaviest tax burdens."...yup, that's New Jersey!