Survey Says Working Moms Have It Made in These States
We can all agree that motherhood is one of the hardest (and best!) jobs in the world and today, with more than 70 percent of moms with young children working, it seems we’re all doing overtime.
While some mothers have the luxury of being able to stay at home with their children, others will be required to make sure that they have enough money to not only live on but to be able to provide their children with the best life possible. While states like New Jersey, Connecticut, etc., tend to make sure that they provide the best opportunities for working through progressive tax rates (see New Jersey tax rates here for reference) and good payroll jobs, it is not every day that women especially mothers see this progressive changes around them. We all like to have some money in the bank after all. In fact, some stay-at-home mothers may have a side hustle to help them earn a wage. This may come in the form of mining cryptocurrency, with equipment that can be found on sites like https://coinminingdirect.se/product/goldshell-mini-doge-dogecoin-miner/ and then trading it, or it may come in the form of taking paid online services, or selling goods that they have made. These are all popular choices, and can be something for people to consider if they want to have suitable finances.
According to personal finance website WalletHub’s 2017 Best & Worst States for Working Moms, Vermont holds the #1 spot, while Alabama earned itself last place.
3. New Jersey
8. Rhode Island
9. New York
43. West Virginia
44. New Mexico
The study took into account factors such as child-care costs, day-care systems, gender pay gap, and female to male executive ratios, ultimately arriving at these key findings:
New York has the highest day-care quality score, 116, which is five times better than in Idaho, registering the lowest at 23.
Mississippi has the lowest child-care costs as a share of the median women’s salary, 9.87 percent, which is 2.7 times lower than in the District of Columbia, registering the highest at 26.70 percent.
The District of Columbia has the most pediatricians per 100,000 residents, 52.51, which is 28.2 times more than in Idaho, registering the fewest at 1.86.
South Dakota has the highest ratio of female executives to male executives, 79.39 percent, which is 3.1 times higher than in Utah, registering the lowest at 25.81 percent.
Virginia has the highest median women’s salary (adjusted for the cost of living), $42,814, which is 1.9 times higher than in Hawaii, registering the lowest at $22,645.