Hawaii: Fifth Richest State in the US in 2025
Hawaii places as 2025’s fifth richest state with a predicted real GDP of $90,804.57 and home value of $822,628.98. Included in the top 5 are: California, Massachusetts, Washington, and New York.
A new index by Moneypenny ranks all 50 states to forecast the richest, based on real GDP, personal income per capita, and Zillow home value data over the past 5 – 10 years. With a predicted personal income per capita of $67,248.07 in 2025, it comes as no surprise that Hawaii is predicted as one of the top five richest states.
After analyzing real GDP and personal income per capita over the past 10 years, as well as Zillow home value data over the past 5 years, leading outsourced communications company, Moneypenny, has created an index that predicts the economic health of each state in 5 years.
Using a forecasting algorithm, each location was given a total score to represent its overall wealth and was then placed in order from largest to smallest and given a ranking from 1 – 50.
The top 5 richest states are:
| Rank | State | Real GDP (est. 2025) | Personal Income (est. 2025) | Home Value (est. 2025) | Total Score |
| 1 | California | $3,321,441.49 | $81,477.61 | $740,577.00 | 2.71 |
| 2 | Massachusetts | $581,983.91 | $88,350.19 | $808,818.50 | 2.13 |
| 3 | Washington | $723,533.81 | $78,901.54 | $837,816.32 | 2.00 |
| 4 | New York | $1,637,028.44 | $86,460.65 | $480,559.02 | 1.95 |
| 5 | Hawaii | $90,804.57 | $67,248.07 | $822,628.98 | 1.52 |
California takes a clear lead as the state predicted to be the most stable in 2025, with a total index score of 2.71 followed by Massachusetts (2.13), Washington (2.00), New York (1.95), and Hawaii (1.52).
The 2025 index has also outlined which states may have the weakest economic health out of all in the US.
Those that feature at the bottom are:
| Rank | State | Real GDP (est. 2025) | Personal Income (est. 2025) | Home Value (est. 2025) | Total Score |
| 46 | Alabama | $211,359.09 | $50,842.99 | $231,933.73 | 0.36 |
| 47 | Oklahoma | $221,707.50 | $52,796.30 | $189,865.16 | 0.35 |
| 48 | Arkansas | $125,881.09 | $52,241.94 | $186,099.36 | 0.30 |
| 49 | West Virginia | $73,126.13 | $47,405.80 | $123,452.55 | 0.09 |
| 50 | Mississippi | $104,703.04 | $44,106.98 | $150,811.84 | 0.06 |
Commenting on the index, Joanna Swash, Group CRO of Moneypenny said: “It’s really interesting to see what the economic position of each state might look like in 2025. All three factors that make up the index are extremely important in determining how wealthy a state is.”
To see where your state ranks, or to have a look at the full index, please visit: https://www.moneypenny.com/us/resources/blog/ranked-the-richest-states-by-2025/.
