The Health of the Economy in Every State When Trump Was President

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Christopher Halloran / Shutterstock.com

A lot has been written about the national economy during the time of President Biden’s predecessor, but the Trump economy you experienced had a lot to do with where you lived during his time in office.

GOBankingRates looked at four key metrics from all 50 states and the District of Columbia using data from the State Economic Monitor, created by the Urban Institute’s State and Local Finance Initiative, a joint Urban-Brookings Tax Policy Center project.

The analysis examines the unemployment rate and average weekly earnings when Trump took office in January 2017 and when he left in January 2021, the year-over-year (YoY) home value percentage change in the first quarter of 2017 and the first quarter of 2021, and the state GDP from the first quarter of 2018 and the fourth quarter of 2020.

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Here’s a snapshot of the health of the economy in every state when Trump was president.

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Allard1 / Getty Images/iStockphoto

Alabama

  • Unemployment rate in January 2017: 5.5%

  • Unemployment rate in January 2021: 4.2%

  • Average weekly earnings in January 2017: $1,031

  • Average weekly earnings in January 2021: $1,135

  • YoY home value percentage change in Q1 2017: 3.83%

  • YoY home value percentage change in Q1 2021: 11.27%

  • State GDP Q1 2018: $272 billion

  • State GDP Q4 2020: $280 billion

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brytta / Getty Images

Alaska

  • Unemployment rate in January 2017: 6.6%

  • Unemployment rate in January 2021: 7.0%

  • Average weekly earnings in January 2017: $1,260

  • Average weekly earnings in January 2021: $1,302

  • YoY home value percentage change in Q1 2017: 1.85%

  • YoY home value percentage change in Q1 2021: 8.67%

  • State GDP Q1 2018: $66 billion

  • State GDP Q4 2020: $64 billion

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Elis Cora / iStock.com

Arizona

  • Unemployment rate in January 2017: 5.2%

  • Unemployment rate in January 2021: 6.4%

  • Average weekly earnings in January 2017: $1,113

  • Average weekly earnings in January 2021: $1,178

  • YoY home value percentage change in Q1 2017: 7.57%

  • YoY home value percentage change in Q1 2021: 17.91%

  • State GDP Q1 2018: $419 billion

  • State GDP Q4 2020: $459 billion

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dlewis33 / Getty Images

Arkansas

  • Unemployment rate in January 2017: 3.8%

  • Unemployment rate in January 2021: 4.9%

  • Average weekly earnings in January 2017: $910

  • Average weekly earnings in January 2021: $995

  • YoY home value percentage change in Q1 2017: 3.48%

  • YoY home value percentage change in Q1 2021: 12.07%

  • State GDP Q1 2018: $158 billion

  • State GDP Q4 2020: $164 billion

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California

  • Unemployment rate in January 2017: 5.2%

  • Unemployment rate in January 2021: 8.7%

  • Average weekly earnings in January 2017: $1,333

  • Average weekly earnings in January 2021: $1,489

  • YoY home value percentage change in Q1 2017: 7.22%

  • YoY home value percentage change in Q1 2021: 14.20%

  • State GDP Q1 2018: $3.34 trillion

  • State GDP Q4 2020: $3.59 trillion

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marekuliasz / iStock.com

Colorado

  • Unemployment rate in January 2017: 2.6%

  • Unemployment rate in January 2021: 6.3%

  • Average weekly earnings in January 2017: $1,172

  • Average weekly earnings in January 2021: $1,250

  • YoY home value percentage change in Q1 2017: 9.86%

  • YoY home value percentage change in Q1 2021: 13.12%

  • State GDP Q1 2018: $443 billion

  • State GDP Q4 2020: $471 billion

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Connecticut

  • Unemployment rate in January 2017: 4.6%

  • Unemployment rate in January 2021: 7.1%

  • Average weekly earnings in January 2017: $1,365

  • Average weekly earnings in January 2021: $1,384

  • YoY home value percentage change in Q1 2017: 1.55%

  • YoY home value percentage change in Q1 2021: 16.49%

  • State GDP Q1 2018: $330 billion

  • State GDP Q4 2020: $317 billion

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AndreyKrav / iStock.com

Delaware

  • Unemployment rate in January 2017: 4.7%

  • Unemployment rate in January 2021: 5.7%

  • Average weekly earnings in January 2017: $1,076

  • Average weekly earnings in January 2021: $1,123

  • YoY home value percentage change in Q1 2017: 2.14%

  • YoY home value percentage change in Q1 2021: 14.12%

  • State GDP Q1 2018: $88 billion

  • State GDP Q4 2020: $92 billion

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Sean Pavone / Getty Images/iStockphoto

District of Columbia

  • Unemployment rate in January 2017: 6.3%

  • Unemployment rate in January 2021: 7.3%

  • Average weekly earnings in January 2017: $1,912

  • Average weekly earnings in January 2021: $2,231

  • YoY home value percentage change in Q1 2017: 9.58%

  • YoY home value percentage change in Q1 2021: 8.76%

  • State GDP Q1 2018: $165 billion

  • State GDP Q4 2020: $169 billion

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Sean Pavone / iStock.com

Florida

  • Unemployment rate in January 2017: 4.7%

  • Unemployment rate in January 2021: 5.9%

  • Average weekly earnings in January 2017: $1,062

  • Average weekly earnings in January 2021: $1,129

  • YoY home value percentage change in Q1 2017: 9.24%

  • YoY home value percentage change in Q1 2021: 13.62%

  • State GDP Q1 2018: $1.28 trillion

  • State GDP Q4 2020: $1.34 trillion

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Boogich / iStock.com

Georgia

  • Unemployment rate in January 2017: 5.2%

  • Unemployment rate in January 2021: 4.8%

  • Average weekly earnings in January 2017: $1,131

  • Average weekly earnings in January 2021: $1,150

  • YoY home value percentage change in Q1 2017: 7.21%

  • YoY home value percentage change in Q1 2021: 13.67%

  • State GDP Q1 2018: $719 billion

  • State GDP Q4 2020: $747 billion

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Hawaii

  • Unemployment rate in January 2017: 2.6%

  • Unemployment rate in January 2021: 9.5%

  • Average weekly earnings in January 2017: $1,123

  • Average weekly earnings in January 2021: $1,275

  • YoY home value percentage change in Q1 2017: 0.88%

  • YoY home value percentage change in Q1 2021: 6.72%

  • State GDP Q1 2018: $110 billion

  • State GDP Q4 2020: $99 billion

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Victoria Ditkovsky / Shutterstock.com

Idaho

  • Unemployment rate in January 2017: 3.5%

  • Unemployment rate in January 2021: 4.1%

  • Average weekly earnings in January 2017: $953

  • Average weekly earnings in January 2021: $1,062

  • YoY home value percentage change in Q1 2017: 9.26%

  • YoY home value percentage change in Q1 2021: 24.42%

  • State GDP Q1 2018: $95 billion

  • State GDP Q4 2020: $107 billion

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EKIN KIZILKAYA / iStock.com

Illinois

  • Unemployment rate in January 2017: 5.3%

  • Unemployment rate in January 2021: 7.2%

  • Average weekly earnings in January 2017: $1,182

  • Average weekly earnings in January 2021: $1,279

  • YoY home value percentage change in Q1 2017: 4.98%

  • YoY home value percentage change in Q1 2021: 9.97%

  • State GDP Q1 2018: $1.05 trillion

  • State GDP Q4 2020: $1.02 trillion

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DenisTangneyJr / Getty Images/iStockphoto

Indiana

  • Unemployment rate in January 2017: 3.8%

  • Unemployment rate in January 2021: 4.7%

  • Average weekly earnings in January 2017: $1,093

  • Average weekly earnings in January 2021: $1,126

  • YoY home value percentage change in Q1 2017: 5.78%

  • YoY home value percentage change in Q1 2021: 13.32%

  • State GDP Q1 2018: $452 billion

  • State GDP Q4 2020: $457 billion

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rarrarorro / Getty Images/iStockphoto

Iowa

  • Unemployment rate in January 2017: 3.3%

  • Unemployment rate in January 2021: 4.2%

  • Average weekly earnings in January 2017: $1,020

  • Average weekly earnings in January 2021: $1,090

  • YoY home value percentage change in Q1 2017: 4.34%

  • YoY home value percentage change in Q1 2021: 9.68%

  • State GDP Q1 2018: $235 billion

  • State GDP Q4 2020: $239 billion

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marekuliasz / Getty Images/iStockphoto

Kansas

  • Unemployment rate in January 2017: 3.9%

  • Unemployment rate in January 2021: 4.0%

  • Average weekly earnings in January 2017: $1,019

  • Average weekly earnings in January 2021: $1,087

  • YoY home value percentage change in Q1 2017: 4.35%

  • YoY home value percentage change in Q1 2021: 12.26%

  • State GDP Q1 2018: $209 billion

  • State GDP Q4 2020: $214 billion

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Real Window Creative / Shutterstock.com

Kentucky

  • Unemployment rate in January 2017: 5.1%

  • Unemployment rate in January 2021: 4.6%

  • Average weekly earnings in January 2017: $999

  • Average weekly earnings in January 2021: $1,030

  • YoY home value percentage change in Q1 2017: 5.28%

  • YoY home value percentage change in Q1 2021: 11.66%

  • State GDP Q1 2018: $251 billion

  • State GDP Q4 2020: $259 billion

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grandriver / Getty Images/iStockphoto

Louisiana

  • Unemployment rate in January 2017: 5.8%

  • Unemployment rate in January 2021: 7.0%

  • Average weekly earnings in January 2017: $1,055

  • Average weekly earnings in January 2021: $1,125

  • YoY home value percentage change in Q1 2017: 2.84%

  • YoY home value percentage change in Q1 2021: 7.83%

  • State GDP Q1 2018: $317 billion

  • State GDP Q4 2020: $295 billion

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EJJohnsonPhotography / Getty Images/iStockphoto

Maine

  • Unemployment rate in January 2017: 3.5%

  • Unemployment rate in January 2021: 4.4%

  • Average weekly earnings in January 2017: $1,000

  • Average weekly earnings in January 2021: $1,100

  • YoY home value percentage change in Q1 2017: 5.06%

  • YoY home value percentage change in Q1 2021: 15.72%

  • State GDP Q1 2018: $79 billion

  • State GDP Q4 2020: $86 billion

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Maryland

  • Unemployment rate in January 2017: 4.1%

  • Unemployment rate in January 2021: 6.3%

  • Average weekly earnings in January 2017: $1,268

  • Average weekly earnings in January 2021: $1,354

  • YoY home value percentage change in Q1 2017: 3.33%

  • YoY home value percentage change in Q1 2021: 13.21%

  • State GDP Q1 2018: $489 billion

  • State GDP Q4 2020: $481 billion

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Jill_InspiredByDesign / Getty Images/iStockphoto

Massachusetts

  • Unemployment rate in January 2017: 3.8%

  • Unemployment rate in January 2021: 6.9%

  • Average weekly earnings in January 2017: $1,390

  • Average weekly earnings in January 2021: $1,487

  • YoY home value percentage change in Q1 2017: 5.57%

  • YoY home value percentage change in Q1 2021: 13.47%

  • State GDP Q1 2018: $648 billion

  • State GDP Q4 2020: $682 billion

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benkrut / iStock.com

Michigan

  • Unemployment rate in January 2017: 4.8%

  • Unemployment rate in January 2021: 6.5%

  • Average weekly earnings in January 2017: $1,092

  • Average weekly earnings in January 2021: $1,169

  • YoY home value percentage change in Q1 2017: 7.26%

  • YoY home value percentage change in Q1 2021: 12.99%

  • State GDP Q1 2018: $623 billion

  • State GDP Q4 2020: $627 billion

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sihuo0860371 / iStock.com

Minnesota

  • Unemployment rate in January 2017: 3.8%

  • Unemployment rate in January 2021: 4.4%

  • Average weekly earnings in January 2017: $1,238

  • Average weekly earnings in January 2021: $1,331

  • YoY home value percentage change in Q1 2017: 6.33%

  • YoY home value percentage change in Q1 2021: 11.25%

  • State GDP Q1 2018: $444 billion

  • State GDP Q4 2020: $449 billion

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Mississippi

  • Unemployment rate in January 2017: 5.6%

  • Unemployment rate in January 2021: 6.5%

  • Average weekly earnings in January 2017: $927

  • Average weekly earnings in January 2021: $920

  • YoY home value percentage change in Q1 2017: 2.58%

  • YoY home value percentage change in Q1 2021: 9.64%

  • State GDP Q1 2018: $140 billion

  • State GDP Q4 2020: $143 billion

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Davel5957 / iStock.com

Missouri

  • Unemployment rate in January 2017: 4.2%

  • Unemployment rate in January 2021: 4.9%

  • Average weekly earnings in January 2017: $1,021

  • Average weekly earnings in January 2021: $1,089

  • YoY home value percentage change in Q1 2017: 3.62%

  • YoY home value percentage change in Q1 2021: 12.83%

  • State GDP Q1 2018: $382 billion

  • State GDP Q4 2020: $397 billion

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Samuel A. Mitchell / Shutterstock.com

Montana

  • Unemployment rate in January 2017: 4.2%

  • Unemployment rate in January 2021: 4.0%

  • Average weekly earnings in January 2017: $958

  • Average weekly earnings in January 2021: $1,008

  • YoY home value percentage change in Q1 2017: 4.87%

  • YoY home value percentage change in Q1 2021: 15.12%

  • State GDP Q1 2018: $63 billion

  • State GDP Q4 2020: $67 billion

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Nebraska

  • Unemployment rate in January 2017: 3.1%

  • Unemployment rate in January 2021: 2.9%

  • Average weekly earnings in January 2017: $1,044

  • Average weekly earnings in January 2021: $1,085

  • YoY home value percentage change in Q1 2017: 6.71%

  • YoY home value percentage change in Q1 2021: 12.29%

  • State GDP Q1 2018: $156 billion

  • State GDP Q4 2020: $163 billion

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AlizadaStudios / iStock.com

Nevada

  • Unemployment rate in January 2017: 5.4%

  • Unemployment rate in January 2021: 8.9%

  • Average weekly earnings in January 2017: $999

  • Average weekly earnings in January 2021: $1,085

  • YoY home value percentage change in Q1 2017: 7.70%

  • YoY home value percentage change in Q1 2021: 12.76%

  • State GDP Q1 2018: $206 billion

  • State GDP Q4 2020: $209 billion

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DenisTangneyJr / Getty Images/iStockphoto

New Hampshire

  • Unemployment rate in January 2017: 2.9%

  • Unemployment rate in January 2021: 4.2%

  • Average weekly earnings in January 2017: $1,172

  • Average weekly earnings in January 2021: $1,231

  • YoY home value percentage change in Q1 2017: 8.29%

  • YoY home value percentage change in Q1 2021: 16.15%

  • State GDP Q1 2018: $100 billion

  • State GDP Q4 2020: $105 billion

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New Jersey

  • Unemployment rate in January 2017: 4.6%

  • Unemployment rate in January 2021: 7.3%

  • Average weekly earnings in January 2017: $1,293

  • Average weekly earnings in January 2021: $1,352

  • YoY home value percentage change in Q1 2017: 2.58%

  • YoY home value percentage change in Q1 2021: 14.31%

  • State GDP Q1 2018: $732 billion

  • State GDP Q4 2020: $741 billion

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ElFlacodelNorte / Getty Images/iStockphoto

New Mexico

  • Unemployment rate in January 2017: 6.7%

  • Unemployment rate in January 2021: 8.2%

  • Average weekly earnings in January 2017: $915

  • Average weekly earnings in January 2021: $987

  • YoY home value percentage change in Q1 2017: 5.61%

  • YoY home value percentage change in Q1 2021: 11.63%

  • State GDP Q1 2018: $116 billion

  • State GDP Q4 2020: $120 billion

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OlegAlbinsky / Getty Images/iStockphoto

New York

  • Unemployment rate in January 2017: 4.7%

  • Unemployment rate in January 2021: 8.6%

  • Average weekly earnings in January 2017: $1,305

  • Average weekly earnings in January 2021: $1,392

  • YoY home value percentage change in Q1 2017: 4.76%

  • YoY home value percentage change in Q1 2021: 12.84%

  • State GDP Q1 2018: $2.01 trillion

  • State GDP Q4 2020: $2.03 trillion

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Darwin Brandis / iStock.com

North Carolina

  • Unemployment rate in January 2017: 4.9%

  • Unemployment rate in January 2021: 5.6%

  • Average weekly earnings in January 2017: $1,052

  • Average weekly earnings in January 2021: $1,330

  • YoY home value percentage change in Q1 2017: 5.42%

  • YoY home value percentage change in Q1 2021: 14.06%

  • State GDP Q1 2018: $675 billion

  • State GDP Q4 2020: $707 billion

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North Dakota

  • Unemployment rate in January 2017: 2.9%

  • Unemployment rate in January 2021: 4.0%

  • Average weekly earnings in January 2017: $1,143

  • Average weekly earnings in January 2021: $1,106

  • YoY home value percentage change in Q1 2017: 0.54%

  • YoY home value percentage change in Q1 2021: 6.83%

  • State GDP Q1 2018: $73 billion

  • State GDP Q4 2020: $70 billion

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Sean Pavone / Getty Images/iStockphoto

Ohio

  • Unemployment rate in January 2017: 5.3%

  • Unemployment rate in January 2021: 6.0%

  • Average weekly earnings in January 2017: $1,069

  • Average weekly earnings in January 2021: $1,104

  • YoY home value percentage change in Q1 2017: 5.84%

  • YoY home value percentage change in Q1 2021: 13.50%

  • State GDP Q1 2018: $813 billion

  • State GDP Q4 2020: $839 billion

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Sean Pavone / Shutterstock.com

Oklahoma

  • Unemployment rate in January 2017: 4.4%

  • Unemployment rate in January 2021: 5.0%

  • Average weekly earnings in January 2017: $1,031

  • Average weekly earnings in January 2021: $1,035

  • YoY home value percentage change in Q1 2017: 3.83%

  • YoY home value percentage change in Q1 2021: 10.89%

  • State GDP Q1 2018: $244 billion

  • State GDP Q4 2020: $240 billion

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jmoor17 / Shutterstock.com

Oregon

  • Unemployment rate in January 2017: 4.1%

  • Unemployment rate in January 2021: 6.4%

  • Average weekly earnings in January 2017: $1,122

  • Average weekly earnings in January 2021: $1,175

  • YoY home value percentage change in Q1 2017: 8.60%

  • YoY home value percentage change in Q1 2021: 14.5%

  • State GDP Q1 2018: $283 billion

  • State GDP Q4 2020: $294 billion

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Cascade Creatives / Shutterstock.com

Pennsylvania

  • Unemployment rate in January 2017: 5.2%

  • Unemployment rate in January 2021: 7.4%

  • Average weekly earnings in January 2017: $1,097

  • Average weekly earnings in January 2021: $1,147

  • YoY home value percentage change in Q1 2017: 4.20%

  • YoY home value percentage change in Q1 2021: 11.78%

  • State GDP Q1 2018: $925 billion

  • State GDP Q4 2020: $916 billion

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DenisTangneyJr / Getty Images/iStockphoto

Rhode Island

  • Unemployment rate in January 2017: 4.6%

  • Unemployment rate in January 2021: 6.6%

  • Average weekly earnings in January 2017: $1,131

  • Average weekly earnings in January 2021: $1,205

  • YoY home value percentage change in Q1 2017: 6.77%

  • YoY home value percentage change in Q1 2021: 15.47%

  • State GDP Q1 2018: $72 billion

  • State GDP Q4 2020: $73 billion

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omersukrugoksu / Getty Images/iStockphoto

South Carolina

  • Unemployment rate in January 2017: 4.4%

  • Unemployment rate in January 2021: 4.6%

  • Average weekly earnings in January 2017: $1,026

  • Average weekly earnings in January 2021: $1,112

  • YoY home value percentage change in Q1 2017: 5.11%

  • YoY home value percentage change in Q1 2021: 12.26%

  • State GDP Q1 2018: $283 billion

  • State GDP Q4 2020: $295 billion

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South Dakota

  • Unemployment rate in January 2017: 3.1%

  • Unemployment rate in January 2021: 2.9%

  • Average weekly earnings in January 2017: $963

  • Average weekly earnings in January 2021: $1,024

  • YoY home value percentage change in Q1 2017: 3.36%

  • YoY home value percentage change in Q1 2021: 14.67%

  • State GDP Q1 2018: $68 billion

  • State GDP Q4 2020: $70 billion

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AndreyKrav / Getty Images/iStockphoto

Tennessee

  • Unemployment rate in January 2017: 4.6%

  • Unemployment rate in January 2021: 5.4%

  • Average weekly earnings in January 2017: $1,043

  • Average weekly earnings in January 2021: $1,098

  • YoY home value percentage change in Q1 2017: 6.74%

  • YoY home value percentage change in Q1 2021: 14.79%

  • State GDP Q1 2018: $443 billion

  • State GDP Q4 2020: $466 billion

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leekris / Getty Images/iStockphoto

Texas

  • Unemployment rate in January 2017: 4.8%

  • Unemployment rate in January 2021: 6.7%

  • Average weekly earnings in January 2017: $1,179

  • Average weekly earnings in January 2021: $1,181

  • YoY home value percentage change in Q1 2017: 6.68%

  • YoY home value percentage change in Q1 2021: 11.97%

  • State GDP Q1 2018: $2.16 trillion

  • State GDP Q4 2020: $2.27 trillion

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Utah

  • Unemployment rate in January 2017: 3.2%

  • Unemployment rate in January 2021: 3.4%

  • Average weekly earnings in January 2017: $1,133

  • Average weekly earnings in January 2021: $1,195

  • YoY home value percentage change in Q1 2017: 7.99%

  • YoY home value percentage change in Q1 2021: 19.38%

  • State GDP Q1 2018: $220 billion

  • State GDP Q4 2020: $249 billion

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DenisTangneyJr / Getty Images/iStockphoto

Vermont

  • Unemployment rate in January 2017: 3.1%

  • Unemployment rate in January 2021: 4.4%

  • Average weekly earnings in January 2017: $1,053

  • Average weekly earnings in January 2021: $1,119

  • YoY home value percentage change in Q1 2017: 7.18%

  • YoY home value percentage change in Q1 2021: 10.90%

  • State GDP Q1 2018: $40 billion

  • State GDP Q4 2020: $41 billion

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Kirkikis / Getty Images

Virginia

  • Unemployment rate in January 2017: 4.0%

  • Unemployment rate in January 2021: 4.8%

  • Average weekly earnings in January 2017: $1,253

  • Average weekly earnings in January 2021: $1,250

  • YoY home value percentage change in Q1 2017: 3.38%

  • YoY home value percentage change in Q1 2021: 11.46%

  • State GDP Q1 2018: $625 billion

  • State GDP Q4 2020: $651 billion

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Washington

  • Unemployment rate in January 2017: 4.8%

  • Unemployment rate in January 2021: 6.4%

  • Average weekly earnings in January 2017: $1,418

  • Average weekly earnings in January 2021: $1,452

  • YoY home value percentage change in Q1 2017: 10.62%

  • YoY home value percentage change in Q1 2021: 16.14%

  • State GDP Q1 2018: $655 billion

  • State GDP Q4 2020: $715 billion

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West Virginia

  • Unemployment rate in January 2017: 5.4%

  • Unemployment rate in January 2021: 6.1%

  • Average weekly earnings in January 2017: $976

  • Average weekly earnings in January 2021: $1,046

  • YoY home value percentage change in Q1 2017: 1.02%

  • YoY home value percentage change in Q1 2021: 11.60%

  • State GDP Q1 2018: $94 billion

  • State GDP Q4 2020: $92 billion

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Ron and Patty Thomas / Getty Images/iStockphoto

Wisconsin

  • Unemployment rate in January 2017: 3.5%

  • Unemployment rate in January 2021: 4.7%

  • Average weekly earnings in January 2017: $1,071

  • Average weekly earnings in January 2021: $1,116

  • YoY home value percentage change in Q1 2017: 5.54%

  • YoY home value percentage change in Q1 2021: 11.46%

  • State GDP Q1 2018: $402 billion

  • State GDP Q4 2020: $406 billion

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Ingo Dörenberg / iStock.com

Wyoming

  • Unemployment rate in January 2017: 4.8%

  • Unemployment rate in January 2021: 5.3%

  • Average weekly earnings in January 2017: $1,021

  • Average weekly earnings in January 2021: $1,095

  • YoY home value percentage change in Q1 2017: 0.78%

  • YoY home value percentage change in Q1 2021: 8.51%

  • State GDP Q1 2018: $48 billion

  • State GDP Q4 2020: $45 billion

All data was pulled on and is accurate as of June 26, 2024.

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This article originally appeared on GOBankingRates.com: The Health of the Economy in Every State When Trump Was President

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