Study – NJ Is Among Least Federally Dependent States
New Jersey is among the least federally dependent states in America, according to the results of a recently published study.
The study was completed by WalletHub and compared all state in the nation on three key metrics to determine the states that are most dependent on the federal government. New Jersey, it turns out, is among the least dependent.
As a matter of fact, the Garden State is the 2nd least dependent state, according to the report, with only Kansas being less federally dependent. Here are some of the key findings in the study for the Garden State.
New Jersey residents dependency on federal government is ranked 49th
Our state government's dependency on the federal government is 41st.
New Jersey has the 2nd lowest number of grants received per dollars in federal taxes paid.
New Jersey has the 3rd lowest amount of other financial assistance received.
New Mexico tops the list, with Kentucky and Mississippi ranking 2nd and 3rd, and the only state that was less dependent than New Jersey, according to the report, is Kansas.
Of course, COVID-19 has brought the subject of federal assistance to the headlines once again. You can get the complete study details at WalletHub.
Each local business is doing everything they can to stay afloat and many are suffering very difficult times, and one way we can all provide assistance is to support the local businesses we love and need as much as possible.
Here in Point Pleasant, I see residents showing love and support to our local businesses each day, and if this pattern repeats itself in towns all over the Jersey Shore (and we know it has been), then we are part of the solution.
Great job Jersey Shore!