Do people earn more or less in Texas?
The average income is lower than the national average, yet whites, blacks, and hispanics all have higher income in Texas than in the rest of the country.
Stefan is an economist currently working in Sweden.
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Yet as Tino Sanandaji points out, this is entirely and more the result of the fact that groups that typically have low income, primarily Hispanics, are over-represented in Texas. However, Whites, Blacks and Hispanics all have higher income in Texas than in the rest of the country.
Adjusting for the lower cost of living in general and lower cost of housing in particular would make Texas look even better.
The Christian Science Monitor has assembled a diverse group of the best economy-related bloggers out there. Our guest bloggers are not employed or directed by the Monitor and the views expressed are the bloggers' own, as is responsibility for the content of their blogs. To contact us about a blogger, click here. This post originally ran on stefanmikarlsson.blogspot.com.