May 7, 2018

WallettHub With Some News About Working Moms

Mother and Daughter

Mother’s Day is around the corner, next Sunday! With more than 70 percent of moms with young children working today, the personal-finance website WalletHub today released its report on 2018’s Best & Worst States for Working Moms.

In order to help ease the burden on “Women Who Work,” particularly moms, WalletHub compared the attractiveness of each of the 50 states and the District of Columbia for a working mother based on 15 key metrics. The data set ranges from median women’s salary to female unemployment rate to day-care quality.

Best for Working Moms Worst for Working Moms
1 Vermont 42 Texas
2 Minnesota 43 Wyoming
3 Massachusetts 44 Georgia
4 District of Columbia 45 West Virginia
5 Connecticut 46 Mississippi
6 Rhode Island 47 South Carolina
7 Maine 48 Nevada
8 New Jersey 49 Alabama
9 Delaware 50 Louisiana
10 New York 51 Idaho

Best vs. Worst

 

  • New York has the highest day-care quality score, 116, which is five times higher than in Idaho, the lowest at 23.
  • Mississippi has the lowest child-care costs as a share of the median women’s salary, 9.60 percent, which is 2.7 times lower than in the District of Columbia, the highest at 26.06 percent.
  • South Dakota has the highest ratio of female executives to male executives, 79.39 percent, which is 3.1 times higher than in Utah, the lowest at 25.81 percent.
  • Maryland has the lowest share of single-mom families with children younger than 18 in poverty, 26.30 percent, which is 1.9 times lower than in Mississippi, the highest at 50.80 percent.
  • Minnesota has the highest median annual women’s salary (adjusted for cost of living), $44,281, which is 2.2 times higher than in Hawaii, the lowest at $19,828.

To view the full report and your state or the District’s rank, go ahead and visit:
https://wallethub.com/edu/best-states-for-working-moms/3565/

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