FILE - Virginia Beach boardwalk

Virginia Beach boardwalk

Virginia is the seventh best state to live in, according to a recent ranking by the financial website, WalletHub.

The study ranked every state in five different categories using several different factors for each. The commonwealth ranked within the top 20 in every category, which makes it one of the most well-rounded states in the country.

“[Virginia] has one of the highest median annual household incomes, the lowest unemployment rate, and plenty of job opportunities,” WalletHub analyst Jill Gonzalez told The Center Square in an email. “The state has a healthy economy, demonstrated by the low foreclosure rate, just 0.01%, and low food insecurity rate. Virginia has a quality K-12 public school system and a low crime rate. In terms of quality of life, there are a lot of restaurants and fitness centers to choose from."

With the highest possible score with every factor added up being 100, Virginia received a 60.98. The top state was Massachusetts, which scored a 66.77, and the lowest was Mississippi with a 38.67.

Virginia’s best category was its safety ranking, where it ranked 10th. It ranked 13th in economy, 18th in affordability, and 19th in both quality of life and education and health categories.

All of Virginia’s neighbors ranked outside of the top half. North Carolina ranked 28th, Maryland ranked 31st, Tennessee 37th, Kentucky 41st and West Virginia 43rd.

West Virginia, Tennessee and Kentucky all ranked well in affordability at two, 15 and 16, respectively. West Virginia also ranked first in home ownership rate.

West Virginia and Kentucky both scored in the bottom 10 for their economy, while Tennessee ranked 25th. Tennessee also had the fourth highest crime rate in the country and Kentucky had the fourth highest percentage of people living below the poverty line.

Staff Writer

Tyler Arnold reports on Virginia and Ohio for The Center Square. He previously worked for the Cause of Action Institute and has been published in Business Insider, USA TODAY College, National Review Online and the Washington Free Beacon.