Best States (and Worst) for Working from Home
Some interesting news from WalletHub.
With COVID-19 turning home into the workplace nationwide, the personal-finance website WalletHub today released its report on the Best States for Working from Home, as well as accompanying videos, in order to highlight which areas are thriving and which are struggling in this pandemic economy.
To identify which states are most conducive to working from home, WalletHub compared the 50 states and the District of Columbia across 12 key metrics. The data set ranges from the share of workers working from home before COVID-19 to internet cost and cybersecurity. We also considered factors like how large and how crowded homes are in the state. Together, these metrics show how feasible working from home is in terms of cost, comfort and safety. Below, you can see highlights from the report, along with a WalletHub Q&A.
Best States for Working from Home
Delaware
Washington
New Hampshire
Colorado
Georgia
Arizona
Utah
Oregon
North Carolina
South Dakota
Worst States for Working from Home
District of Columbia
Wyoming
Iowa
Rhode Island
North Dakota
Oklahoma
Arkansas
Mississippi
Hawaii
Alaska
Key Stats
Colorado has the highest share of the labor force working from home, 7.70 percent, which is 3.3 times higher than in Mississippi, the state with the lowest at 2.30 percent.
New Hampshire has the highest share of households with a broadband internet subscription, 78.80 percent, which is 1.7 times higher than in Mississippi, the state with the lowest at 46.80 percent.
Connecticut has the highest share of households with access to broadband speeds over 25 Mbps, 98.70 percent, which is 1.5 times higher than in Mississippi, the state with the lowest at 65.40 percent.
South Dakota has the fewest cybercrime victims per 100,000 residents, 54.73, which is four times fewer than in Nevada, the state with the most at 218.31.
Indiana has the lowest amount lost per victim as a result of internet crime, $2,465.73, which is 11.5 times lower than in Ohio, the state with the highest at $28,394.32.
North Dakota has the lowest residential retail price of electricity, 9.01 cents per kWh, which is 3.5 times lower than in Hawaii, the state with the highest at 31.70 cents per kWh.
To view the full report and your state’s rank, please visit:
https://wallethub.com/edu/best-states-for-working-from-home/72801/