For the second year, 24/7 Wall St. has reviewed data on financial, health, standard of living and government services by state to determine how well each state is managed. Based on this data, 24/7 Wall St. ranked the 50 states from the best to worst run. The best-run state is Wyoming. The worst-run state is California. And Texas falls right in the middle at 25 but we tie with California for worst in the country in one category.
- State debt per capita: $1,240 (2nd lowest)
- Pct. without health insurance: 23.7% (the highest)
- Pct. below poverty line: 17.0% (9th highest)
- Unemployment: 8.5% (23rd highest)
Texas managed to spend the third least per capita in 2009, and as a partial consequence has the second lowest debt per capita, a mere $1,240 per person. Austere spending comes at a price, however. Nearly a quarter of the state’s residents are without health insurance. Also, only 80.9% of Texans 25 years or older graduated from high school. While this is an improvement from its 2003 rate of 77%, it is tied with California for worst among all states.