Here’s how much people have saved for retirement in every state

It's no secret that Americans have far too little in retirement savings. A recent GOBankingRates survey found that 42 percent of those surveyed have less than $10,000 saved for retirement, including 13.7 percent who have saved nothing at all.

The poll also found that among those who have been saving for retirement, 6.7 percent have saved between $10,000 and $49,999, 12.6 percent have saved between $50,000 and $99,999, 12 percent have saved between $100,000 and $199,999, 9.9 percent have saved between $200,000 and $299,999 and 16.5 percent have saved $300,000 or more.

The results vary at the state level, however, and the people in some states are more prepared for retirement than the people in others.

Click through for a state-by-state breakdown, and learn how much a comfortable retirement costs in each state.

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How much people have saved for retirement in every state
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How much people have saved for retirement in every state

Alabama

Most popular answer: Less than $10,000 saved

Like the vast majority of survey respondents in the rest of the United States, many Alabamians — nearly one in three — have less than $10,000 saved for retirement. That's higher than the 28.6 percent of the larger American population that is in the same boat. The same percentage of Alabama respondents — 9.09 percent — reported savings of both $100,000 to $199,000 and $300,000 or more.

One benefit of living in Alabama: Cities like Huntsville are experiencing a decrease in cost-of-living expenses.

Alaska

Most popular answer: Tie between less than $10,000, $200,000 to $299,000 and $300,000 or more saved

In Alaska, most people are either doing fairly well or are not prepared nearly enough for retirement. There's a three-way tie between those in the two wealthiest categories and those with less than $10,000 saved. The state also produced a separate two-way tie: 14.29 percent claim both $100,000 to $199,999 in savings and $200,000 to $299,999 saved. Not a single respondent reported having $10,000 to $49,999 saved up.

A separate GOBankingRates study found Alaska has the sixth-highest average household income in the country.

Arizona

Most popular answer: Less than $10,000 saved

Arizona respondents follow the nationwide trend with most people having less than $10,000 saved for retirement. But the numbers are even more dire in Arizona than in the country as a whole. Just over 36 percent of Arizonans surveyed have less than $10,000 saved and 19.7 percent have nothing at all.

Fortunately, housing is more affordable in Arizona, and there are cities like Mesa that make great places to retire where rent is under $1,000 a month.

Arkansas

Most popular answer: Less than $10,000 saved

With 31.91 percent of those surveyed claiming savings under $10,000, nearly one in three Arkansas respondents fall into that category. The next-largest group of respondents from the state — 17.02 percent — have nothing saved at all.

Retirees who own their homes will be in better shape than those who rent — mortgages are more affordable than rental prices in Arkansas.

California

Most popular answer: Less than $10,000 saved

In the good news category: In California, 6.32 percent of survey respondents said they had nothing saved for retirement. Just three states have a lower concentration of respondents with no savings. In the bad news category: 36.84 percent of Californians surveyed have less than $10,000 saved, putting the state in the top 10 in that category.

Real estate is expensive in California whether you own a home or are renting, so retirees should be mindful of their retirement housing costs.

Colorado

Most popular answer: Less than $10,000 saved

Colorado's largest percentage of respondents by far — 29.47 percent — said they have less than $10,000 saved. Almost 18 percent, however, said they have $300,000 or more saved up.

Connecticut

Most popular answer: Less than $10,000 saved

Only South Dakota has more people with nothing saved than Connecticut, where 23.64 percent of respondents said they have zero savings. Only 5.45 percent of Connecticut respondents claimed savings of $100,000 to $199,999, which was the fourth-lowest percentage in that category in the country.

Delaware

Most popular answer: $300,000 or more saved

Slightly fewer than 17 percent of respondents in Delaware said they have less than $10,000 saved. Only Vermont has a lower concentration in that category. About 14 percent reported savings of $10,000 to $49,000 — the second-highest concentration in that category behind only Virginia. In addition, Delaware holds the distinction of being one of just four states where the largest percentage said they have more than $300,000 saved.

A good portion of Delaware residents are on their way to saving $1 million for retirement — it's possible to save $1 million for retirement even with a $50,000 salary.

District of Columbia

Most popular answer: Less than $10,000 saved

In Washington, D.C., not a single person polled reported having $200,000 to $299,999 in savings. About 18 percent reported having nothing at all. Another 18 percent reported having at least $300,000.

Florida

Most popular answer: $100,000 to $199,999 saved

Only three states have a higher concentration of respondents with savings of $100,000 to $199,999 than the 19.3 percent of Floridians who reported that level of financial security. Florida also is one of just two states where that category is the largest.

You'll need more saved if you plan on living in one of the many luxury retirement communities in Florida.

Georgia

Most popular answer: Less than $10,000 saved

In Georgia, 18.18 percent of respondents said they have savings of $100,000 to $199,999. Just four states have a higher concentration in that category.

Hawaii

Most popular answer: Tie between less than $10,000 and $300,000 or more saved

Hawaii has the highest percentage of any state when it comes to people who have at least something saved for retirement. Just 5 percent of Hawaii respondents have nothing saved. It's also the state with the third-highest percentage of respondents — a full 30 percent — with more than $300,000 saved. However, the same percentage of respondents said they have less than $10,000 in savings.

Learn More: Hawaii Is the Most Expensive State to Live In

Idaho

Most popular answer: Less than $10,000 saved

A relatively low 9.26 percent of Idaho respondents said they have no money saved. Nearly one in five, however, have at least $300,000 saved and nearly one in three have less than $10,000.

Illinois

Most popular answer: Less than $10,000 saved

More than one in four Illinois respondents claimed savings of less than $10,000 — a little less than the national average. More than one in five have at least $300,000, which beats the national average.

Indiana

Most popular answer: Less than $10,000 saved

In Indiana, at least 10 percent of respondents fall into each of the following categories: $50,000 to $99,999, $100,000 to $199,999, $200,000 to $299,999 and more than $300,000. Fewer than one in 10 have nothing saved.

Iowa

Most popular answer: Less than $10,000 saved

Nearly 25 percent of respondents in Iowa said they have less than $10,000 saved for retirement, and another 18.09 percent have nothing at all. On the bright side, 13.83 percent fall into both the $50,000 to $99,999 and $200,000 to $299,999 categories.

Kansas

Most popular answer: Less than $10,000 saved

Nearly mirroring the national average, 28.89 percent of Kansans said they have less than $10,000 saved for retirement. Also nearly identical to the national average is the 13.33 percent of Kansas respondents with nothing saved at all.

Follow these tips to increase your savings and retire rich.

Kentucky

Most popular answer: Less than $10,000 saved

In Kentucky, 5.26 percent of the state's respondents said they had savings of between $50,000 and $99,999. Just three other states have a lower concentration of respondents who fall into that category.

Louisiana

Most popular answer: Less than $10,000 saved

In Louisiana, a full 46.15 percent of respondents said they had less than $10,000 saved for retirement. That's a higher percentage than any other state in the nation. When it comes to those with at least $300,000 in savings, 7.69 percent of Louisiana respondents fall into that category.

Maine

Most popular answer: $300,000 or more saved

Just shy of 21 percent of Maine respondents have nothing saved for retirement. Only three other states have a higher percentage of people with zero savings. Very few respondents claimed less than $10,000 but more than zero. No one in Maine reported having $10,000 to $49,999.

Maryland

Most popular answer: Less than $10,000 saved

In Maryland, just 2.22 percent of the people polled reported having between $10,000 and $49,999 saved up. That's the fourth-lowest percentage in the country. The three states that came in under Maryland all had 0 percent in that category.

Massachusetts

Most popular answer: Less than $10,000 saved

About 6.2 percent of Massachusetts respondents reported savings of $100,000 to $199,999. The state makes the top five when it comes to the lowest concentration of respondents in that category.

Michigan

Most popular answer: Less than $10,000 saved

In Michigan, only 3.7 percent of respondents said they had savings of between $200,000 and $299,999. That's low compared to the national average of 9.9 percent.

Use these clever ways to save more for retirement.

Minnesota

Most popular answer: $50,000 to $99,999 saved

With 20.69 percent of respondents claiming savings of $50,000 to $99,999, Minnesota has a higher concentration of people in that category than all but two other states. The national average is 12.6 percent.

Mississippi

Most popular answer: Less than $10,000 saved

Just 4 percent of Mississippi respondents reported savings of $100,000 to $199,999. No other state has a lower concentration of people who fall into that category.

Prepare for Retirement: This Is the Salary You Need to Afford the Average Home in Your State

Missouri

Most popular answer: Less than $10,000 saved

With 5.74 percent of respondents reporting savings of $50,000 to $99,999, Missouri has fewer than all but five other states in that category. Missouri's percentage is less than half the national average of 12.6 percent.

Montana

Most popular answer: Less than $10,000 saved

About 37 percent of those polled in Montana claimed less than $10,000 saved — the fourth-highest percentage in that category in the U.S.

Nebraska

Most popular answer: Less than $10,000 saved

With 22.95 percent of Nebraska respondents claiming savings of $100,000 to $199,999, just two other states have a higher concentration of people in that category.

Lincoln, Neb. is one city where your retirement nest egg will stretch the furthest.

Nevada

Most popular answer: Less than $10,000 saved

One in five respondents in Nevada said they have nothing saved for retirement. A full 24 percent — nearly one resident in four — have less than $10,000.

New Hampshire

Most popular answer: $300,000 or more saved

New Hampshire is a state of extremes. About 23 percent of those polled have nothing saved for retirement, which was the third-highest percentage in that category. With 30.77 percent of New Hampshire respondents boasting retirement funds greater than $300,000, however, just one state has a greater concentration of high savers.

New Hampshire is also the best state for families to live a richer life.

New Jersey

Most popular answer: Less than $10,000 saved

In New Jersey, only 5.17 percent of respondents reported no savings for retirement. That's the lowest percentage in that category of any state except Hawaii.

New Mexico

Most popular answer: Less than $10,000 saved

More than one-third of those polled in New Mexico will stumble into retirement with less than $10,000. However, 14.74 percent have tallied savings of $50,000 to $99,999 and another 14.74 percent have at least $300,000.

New York

Most popular answer: Less than $10,000 saved

The smallest percentage of New Yorkers — 7.83 percent — have between $10,000 and $49,999 saved for retirement. Nearly 27 percent, on the other hand, have less than $10,000 saved.

North Carolina

Most popular answer: Less than $10,000 saved

Nearly 30 percent of North Carolina respondents have less than $10,000 to put toward their retirements. But 11.11 percent fall into each of the two highest-saving categories.

North Dakota

Most popular answer: $100,000 to $199,999 saved

None of the respondents in North Dakota reported retirement savings of $10,000 to $49,999. However, North Dakota is home to the highest concentration of respondents with $100,000 to $199,999, at 27.78 percent.

North Dakota is also the state where the rich are increasing their wealth the most.

Ohio

Most popular answer: Less than $10,000 saved

In Ohio, there's a two-way tie between those who reported $50,000 to $99,999 in savings and those who reported $100,000 to $199,999, with 11.54 percent of respondents falling into each of those categories.

Oklahoma

Most popular answer: Less than $10,000 saved

In Oklahoma, only 5 percent of the population reported savings of $50,000 to $99,999. No other state has a lower concentration of respondents in that category.

Oregon

Most popular answer: Less than $10,000 saved

With just 6.33 percent of those polled reporting no retirement savings, Oregon has the fifth-lowest concentration in that category. However, about 38 percent said they have less than $10,000 saved up — a higher percentage than any state except Louisiana.

Pennsylvania

Most popular answer: Less than $10,000 saved

Nearly one in three of those polled in Pennsylvania said they have less than $10,000 currently saved for retirement. More than one in five, however, claim savings of at least $300,000.

If you need to put away more, use these ways to trick yourself into saving money.

Rhode Island

Most popular answer: Tie between less than $10,000, $50,000 to $99,999, $100,000 to $199,999 and $300,000 or more saved

No respondent from Rhode Island reported saving between $10,000 and $49,999 for retirement. That was also the case for those with $200,000 to $299,999 in savings.

South Carolina

Most popular answer: $50,000 to $99,999 saved

In South Carolina, just 5.41 of the respondents said they have nothing saved for retirement — the third-lowest percentage in that category in the country. Another 5.41 percent claimed savings of $100,000 to $199,999, which was also the third-lowest in that category. The same percentage reported savings of $10,000 to $49,999.

South Dakota

Most popular answer: No savings

No other state has a higher percentage of people with nothing saved than the 29.03 percent of South Dakotans who fall into that category. South Dakota also has the lowest concentration of people with more than $300,000 saved, at 3.23 percent.

Related: See Why South Dakotans Aren't Saving More Money

Tennessee

Most popular answer: Less than $10,000 saved

A full 37.29 percent of Tennessee respondents said they have less than $10,000 in retirement savings. Only two other states have a higher concentration of respondents who fall into that category.

Texas

Most popular answer: Less than $10,000 saved

With 20 percent of respondents accumulating no savings at all, Texas has the fifth-highest concentration of people in that category. Only 6.25 percent of Texas respondents have at least $300,000 saved — the third-lowest percentage in that category.

Utah

Most popular answer: Less than $10,000 saved

In Utah, 8.06 percent of respondents reported having retirement savings of at least $300,000. Only four states have a lower percentage of respondents with that much money saved up.

The best place to live on a fixed income in Utah is in Provo.

Vermont

Most popular answer: $300,000 or more saved

In Vermont, 14.29 percent of respondents reported less than $10,000 in savings, which was the lowest concentration in that category in the country. Vermont is one of only four states where the highest percentage of respondents claims savings of $300,000 or more. Nearly 29 percent of Vermont respondents fall into that category compared with 16.5 percent nationwide.

Virginia

Most popular answer: $10,000 to $49,999 saved

In Virginia, one in four respondents reported having $10,000 to $49,999 saved up — the highest concentration in that category by far. The next-closest state had 14 percent with that amount of savings.

Washington

Most popular answer: Less than $10,000 saved

About a quarter of Washington respondents have less than $10,000 in savings. The 16.3 percent with at least $300,000, however, nearly mirrors the national average.

Seattle might be expensive, but Spokane, in eastern Washington, is one of the cheapest places to retire.

West Virginia

Most popular answer: Less than $10,000 saved

Only South Dakota has fewer respondents with at least $300,000 saved for retirement than West Virginia. Just 3.85 percent of those polled in West Virginia achieved that level of financial security.

Wisconsin

Most popular answer: Less than $10,000 saved

Like most states, Wisconsin had more respondents who claimed savings of less than $10,000 than any other category, although its percentage was still below the national average. The good news is, more than 20 percent of Wisconsin respondents say they have at least $300,000 saved for retirement.

Wyoming

Most popular answer: Less than $10,000 saved

One out of 10 Wyoming respondents said they have nothing saved at all. A minuscule 3.33 percent have between $10,000 and $49,999.

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Click through to learn how long $1 million will last in retirement in each state.

This article originally appeared on GOBankingRates.com: Here’s How Much People Have Saved for Retirement in Every State

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