Sunday, February 23, 2025
HomeNewsDC Ranks Sixth on WalletHub’s Economic Impact of Immigration List

DC Ranks Sixth on WalletHub’s Economic Impact of Immigration List

-

Washington, D.C. ranks number six on WalletHub’s list of the economic impact of foreign-born populations on 50 states and the District of Columbia.

D.C. got a total score of 57.41 on the list, while its “workforce” rank was five, and “socioeconomic contribution” rank turned out to be 26.

20 key indicators were used in the research, with each graded on a 100-point scale — a score of 100 signifying “most positive economic impact” — to determine states benefiting the most and least from immigration.

“Our data set ranges from a median household income of foreign-born population to jobs generated by immigrant-owned businesses as a share of total jobs,” notes WalletHub.

The personal finance website compared 50 states and the District of Columbia across four key dimensions — immigrant workforce, socioeconomic contribution, brain gain & innovators, and international students — to find out the states where immigration made the most positive impact.

According to Allan Wernick, Director of CUNY Citizenship Now, the country will need to allow workers at all levels of skill and education to come to the United States. “Otherwise, the work done here will continue to move abroad, hurting our economy. Immigration, bring spirited, ambitious foreigners to the United States has always been key to our economic, cultural and economic world dominance,” said Wernick.

The data used for the ranking was collected from U.S. Census Bureau, Bureau of Labor Statistics, Department of Labor, National Academy of Sciences, Association of American Medical Colleges, American Immigration Council, and Center for American Entrepreneurship, among other sources.

DC Mayor Announces $100,000 Grant to Help Immigrants Get US Citizenship

 

You Might Also Like

Latest Posts

Best Coffee & Tea Shops in Washington DC: Top Five Spots

Nothing is more relaxing than having a nice cup of coffee or tea to blow off steam. These are the best coffee and tea shops in Washington DC. 

Blooms and Bouquets: Washington DC’s Finest Florists

Whether you seek classic charm, modern elegance, or a touch of artistic flair, here are the best florists in Washington, DC.

Unveiling DC’s Top Picks for Shades, Blinds, Drapes, and Shutters

Transform your living space with the best in window treatments! These are the best shades, blinds, drapes, and shutters in Washington, DC.