Markets

Insider Trading

Hedge Funds

Retirement

Opinion

The Safest State in the US in 2024

We recently compiled a list of the 20 Safest States in the US in 2024 and in this article we will look at the safest state in the US.

The State of Crime in the United States

Crime has been one of the key challenges for American citizens and the government. According to data from the Federal Bureau of Investigation (FBI), 2020 was one of the most dangerous years in decades with the number of murders rising to 30% during the year. Whereas the overall violent crime rate in the country surged by 5% during the same period. However, after 2020, the rate of crime reached a tipping point and has continued to decrease since then. As per the data from the FBI, the rate of violent crime decreased from 387 cases per 100,000 people in 2021 to 380.7 cases in 2022 depicting a 1.67% decrease during the year.

Fast forwarding to 2024, crime rates are following the same downward trajectory. According to government statistics, violent crime rates as a whole dropped 15.2% during the first quarter of 2024, whereas murders, reported rapes, and aggravated assaults also fell by 26.4%, 25.7%, and 12.5%, respectively.

Although the government statistics show that the crime rates are falling, however, the citizen sentiment about the overall security situation of the country remains bleak. A survey conducted by Gallup found that 63% of Americans described the crime issue as extremely or very serious in 2023. This number was up from 54%, which was last measured by the same organization in 2021. Moreover, the same survey also found that more than three-quarters of Americans believe that crime has increased in the country as compared to a year ago. The demographics of the response further revealed that the people living in big cities felt the crime rates rising more severely as compared to those living in rural areas.

Another recent survey conducted by Pew Research came to a similar conclusion and found that around 58% of Americans believe that reducing crime should be the priority of the government in 2024, up from 47% in 2021.

The interesting question to ask here is, what describes the difference between the statistics of the government that suggest falling crime rates and the general public sentiment, which suggests otherwise?

Currently, two primary government sources administer the data related to crime in the country, the Federal Bureau of Investigation (FBI) and the Bureau of Justice Statistics (BJS). The FBI releases its annual and quarterly data on reported crimes, collected from thousands of federal, state, county, and city-level police departments. However, two issues lead to an incomplete picture of the state of crime in the country. Firstly, the FBI only accounts for reported crimes, and that too for a handful of categories of violent and property crimes, thereby missing the unreported crimes and crimes that do not fall in the categorization of the department such as drug crimes. Secondly, while the department does take data from thousands of police departments and agencies, however, not all agencies participate every year. For instance, the latest 2022 report states that the FBI received data from 83% of the participating agencies, again leading to an incomplete picture.

On the other hand, the BJS relies on annual victimization surveys from people aged 12 and older. While this method does account for unreported crimes as well, however, it again falls short and captures only a handful of violent and property crimes similar to the FBI. The FBI is working on a new data collection system called the National Incident-Based Reporting System, which is expected to provide a clearer picture of crime rates based on large categories of both reported and unreported crimes. If you want to read more about the safest places in the United States, you can read 40 Best Places to Visit in South America That Are Beautiful and Safe and 15 Safest Cities To Live in Florida.

Companies Helping the Law Enforcement Agencies to Curb Crime Rates

Companies like Axon Enterprise, Inc. (NASDAQ:AXON) develops and sells technology products and services to law enforcement agencies in the United States and internationally. The company is known for its Conducted Energy Devices (CEDs), commonly known as Tasers. The company also provides integrated hardware and cloud-based software solutions to law enforcement agencies that enable them to capture, store, and manage videos and other digital evidence through body cameras, in-car cameras, and other related software.

Axon Enterprise, Inc. (NASDAQ:AXON) has recently added a Real-Time Crime Center (RTCC) technology to its portfolio. On February 1st, the company announced the acquisition of Fusus, a global leader in RTCC technology, thereby adding this cutting-edge technology to its portfolio. The acquisition will facilitate a seamless connection of Axon’s critical data sources including camera location, video feeds, and body-worn cameras to provide a real-time view of ongoing incidents and activities. The RTCC data will provide law enforcement agencies with the latest data analysis capabilities which can help identify crime trends and patterns allowing the agencies to react more proactively and curb crime rates.

The company is also extending its alliance with Skydio, a leading US drone manufacturer, to add scalable drones to its portfolio of public safety offerings. The company aims to equip law enforcement agencies with the Drone as First Responder (DFR) program. The DFR program is not only equipped to survey the crime scene swiftly but also reduces the risk of officers getting hurt as first responders. The Montgomery County Police Department in Maryland is already witnessing great results with the DFR program and has achieved an average response time of only 64 seconds, that too without risking officers.

Now that we have discussed the crime situation in the United States and how companies like Axon Enterprise, Inc. (NASDAQ:AXON) are equipping law enforcement agencies with the latest technologies. Let’s now look at the 20 safest states in the US in 2024.

Our Methodology

To compile the list of the 20 safest states in the US in 2024, we relied on a consensus methodology. We sifted through 10 online rankings to get an aggregate list of the safest states in the US. Next, we turned to Reddit to rank the safest states as per Redditor’s sentiment. We analyzed 5 high engagement threads that asked people about the safest states in the US. We only selected threads with at least 100 comments. Lastly, from these threads, we calculated the total number of Reddit upvotes for each state and ranked our list accordingly. Please note that the list of the safest states in the US in 2024 is arranged in ascending order of the total number of Reddit upvotes. Moreover we have also included population figures to our list descriptions sourced from US Census Bureau.

Note: This list is not exhaustive and does not reflect our opinion. The ranking is solely based on the opinions of Reddit users.

At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

The Safest State in the US in 2024

1. New Hampshire

Upvotes: 36,763

New Hampshire is situated in the New England region of the United States and is considered one of the safest states in the US in 2024. The state has one of the lowest crime rates in the United States, its violent crime ratio is approximately 65% lower than the national average, whereas its property crime rate is also half as much as the average of the other states. The state is considered safe not only in terms of crime but also renowned for its emergency preparedness and financial safety.

The state had a population of 1.4 million in 2023, with approximately 94% of the population being literate. The state also has good employment rates and around 66.5% of the population is employed in the labor force, above the national average of 63%.

Curious to learn about other states that Redditors consider the safest? Check out our report on the 20 Safest States in the US in 2024.

At Insider Monkey, we delve into a variety of topics, ranging from the wealthiest people in Switzerland to business aspects; however, our expertise lies in identifying the top-performing stocks. Currently, Artificial Intelligence (AI) technology stands out as one of the most promising fields. If you are looking for an AI stock that is more promising than NVDA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: Analyst Sees a New $25 Billion “Opportunity” for NVIDIA and Jim Cramer is Recommending These 10 Stocks in June.

Disclosure: None. This article is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…