Study: KY is 2017’s most federally dependent state

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Kentucky money budget revenue

WASHINGTON, D.C. (WTVQ) – Personal finance website WalletHub has released a study comparing 50 states on how dependent they are on federal support.

The study determined that Kentucky depends on federal support more than any other state.

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WalletHub’s analysts compared the 50 states across three key metrics: return on taxes paid to the federal government; federal funding as a share of state revenue; and share of federal jobs.

Kentucky placed 5th of 50 states in the categories “Return on Taxes Paid to the Federal Government,” and “Federal Funding as a Share of State Revenue.”  The state places 22nd in the category “Share of Federal Jobs.”

To see the full report, visit: https://wallethub.com/edu/states-most-least-dependent-on-the-federal-government/2700/