New Hampshire has the Most Economically Free Metro Areas in the Nation
According to the Economic Freedom Index for U.S. Metropolitan Areas, New Hampshire metro areas were ranked the most economically free in the county, on average. The 2 metros in NH were ranked #3 and #7 overall, for a combined metro average ranking of #5. The next best state was South Dakota, where the metro average ranking was #15, putting SD and all other states substantially behind NH in economic freedom as ranked by metro average.
The article ranks 384 U.S. metros by a variety of economic factors combined into 3 main categories (size of government, takings and discriminatory taxation and labor market freedoms).
Additionally, the Rockingham County – Strafford County, NH metro was ranked #2 in the country in the size of government category. The Manchester – Nashua, NH metro was ranked #3 in the country for having the smallest government. The Manchester – Nashua, NH metro is also ranked as the best of the top 20 metros in the takings and discriminatory taxation category.
Several of the top ranking metros were in Florida. The bottom 20 ranking metros were in California, New York, Alaska, Washington and West Virgina. New York City was ranked #378. Los Angeles was ranked #361. Chicago was ranked #276.
The sourced article was published in the Journal of Regional Analysis and Policy.