45.7 F
Mobile
39.1 F
Huntsville
43 F
Birmingham
40.1 F
Montgomery

Alabama ranks 4th most federally dependent state

Alabama is the fourth most federally dependent state in the union, according to analysis done by the personal finance website WalletHub.

The details:

Researchers compared the 50 states by examining both the dependency of state governments and of state residents.

To determine state government dependence, researchers looked at federal funding as a share of state revenue in each of the states.

To determine the dependency of residents, researchers used returns on taxes paid to the federal government and each state’s share of federal jobs as metrics.

Alabama’s state government was ranked the thirteenth most federally dependent and Alabama’s residents were ranked fourth most dependent.

New Mexico, Kentucky and Mississippi were ranked the three most federally dependent states.

In January, WalletHub ranked Alabama the tenth most affected state by the federal government shutdown, which was determined by various metrics indicating the state’s dependence upon the federal government.

That analysis examined Alabama’s share of federal jobs and contracts, its access to federal lending programs, and its percentages of children reliant upon the Children’s Health Insurance Program (CHIP).

Click here to read the experts’ analyses.

Don’t miss out!  Subscribe today to have Alabama’s leading headlines delivered to your inbox.