WalletHub, the personal-finance website, has recently published a report on the Best States for Working from Home, accompanied by expert commentary. The report takes into account 12 key metrics to identify the states that offer the most favorable conditions for remote work. These metrics include the percentage of workers working from home, internet cost, and cybersecurity. Factors like the size and density of homes in each state were also considered to assess the feasibility of working from home in terms of cost, comfort, and safety. Let’s take a look at the highlights from the report, along with a Q&A provided by WalletHub.
Best States for Working from Home:
- Delaware
- Utah
- Maryland
- Connecticut
- New Jersey
- District of Columbia
- Georgia
- Arizona
- Washington
- Colorado
Worst States for Working from Home:
- South Dakota
- New Mexico
- Hawaii
- Iowa
- Mississippi
- Arkansas
- Montana
- North Dakota
- Alaska
Key Stats:
- The District of Columbia boasts the highest percentage of the labor force working from home, at 12.30 percent, which is 4.1 times higher than Mississippi, the state with the lowest percentage at 3.00 percent.
- New Hampshire has the highest share of households with a broadband internet subscription, with 81.00 percent, which is 1.5 times higher than Mississippi, where only 52.30 percent of households have broadband internet.
- Connecticut has the highest share of households with access to broadband speeds over 25 Mbps, at 98.70 percent, which is 1.5 times higher than Mississippi’s percentage of 65.40 percent.
- Iowa has the lowest amount lost per victim due to internet crime, with an average of $3,820.35, which is 8.3 times lower than North Dakota, the state with the highest average loss of $31,710.98.
- North Dakota has the lowest residential retail price of electricity, at 9.62 cents per kWh, which is 4.7 times lower than Hawaii, where the price is the highest at 44.78 cents per kWh.
For the complete report and to find out your state’s rank, you can visit WalletHub’s website at the following link: https://wallethub.com/edu/best-states-for-working-from-home/72801.