Top 10 Most Financially Secure States in America: New York has been named the most financially stable state in America, new research has revealed, after examining multiple factors relating to the personal finances of residents living in each state.

Financial experts at Uplift Legal Funding analyzed six factors relating to the personal finances of residents in each state and scored each one out of 10 to create an Index score for all 50 states (state budget deficits ranked). The top 10 most financially secure states in America include New York, Connecticut, Massachusetts, Wyoming, South Dakota, Rhode Island, Washington, New Jersey, Oklahoma and California.

The factors analyzed within the index included: consumption of annual income as a percentage alongside the percentage of income saved; household debt-to-income ratios; annual personal bankruptcy rates, and the number of saving and debt-related Google searches per state.

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