Minnesota is the second-happiest state in America, new study says

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Minnesota is a pretty great place to live – we've been named the best state for kids, the second best for working moms, and top five of the best states to grow old in, just to name a few.

And according to a new study, Minnesota is the second happiest state in America.

After recent research proved that money can lead to happiness, personal finance website WalletHub decided to take a closer look at what makes people happy.

WalletHub says analysts compared the 50 states and the District of Columbia across three key dimensions: emotional and physical well-being, work environment, and community and environment.

To do this, WalletHub evaluated 28 different metrics of happiness and ranked each state using a point system. Minnesota earned a score of 69.09 out of 100, just behind Utah, which was named the happiest state in the U.S. with a score of 71.02.

North Dakota came in at No. 3, followed by Hawaii and Colorado. (See the full rankings here.)

Here are some of WalletHub's findings:

No. 1 for emotional and physical well-being

Researchers analyzed things like depression rate, binge-drinking rate, life expectancy, and suicide rate. Minnesota came in first overall, for several reasons.

We have the third-highest adequate-sleep rate, the 10th-lowest suicide rate, and we came in ninth on the hedonometer ranking – a tool that measures happiness in real time.

Minnesota also measured above average for depression rate (18) and obesity rate (20).

We like to volunteer, and it makes us happy

Minnesota tied with South Dakota for the fourth-highest volunteerism rate. This helped boost Minnesota's score in community and environment.

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Also keeping us happy in this category: Minnesota is the seventh safest state in America, with some of the fewest fatalities per 100 million vehicle miles of travel and the fifth-lowest share of population lacking health insurance.

And Minnesota has the third-lowest divorce rate in the county.

Work isn't so bad either. Minnesota ranked above average for income growth rate, coming in at No. 20, and Minnesota's long-term unemployment rate earned it a spot at No. 22.

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