By NEAL WAGNER / Managing Editor

Shelby County residents, on average, have the highest net worth in Alabama by a significant margin, according to a report recently released by a national website.

Smartasset.com published the list after examining several criteria for every county in the nation, such as average income and debt amounts for the counties’ residents.

“Our study aims to find the places in the United States with the highest net worth,” read the website. “To do this, we calculated the ratio of net worth to per capita income for every county. This number can serve as insight into how much people have saved or invested relative to their income level.”

For each county, the website calculated residents’ average income, average debt amount, net worth, net worth as percent of income and net worth as a percentage of debt.

Shelby County came in at No. 1 on the list posting the following numbers:

-Average income: $33,135

-Average debt: $49,750

-Average net worth: $52,052

-Net worth as percentage of income: 157.1 percent

-Net worth as percentage of debt: 104.6 percent

Shelby County’s average net worth amount was significantly higher than the other Alabama counties in the top 10 – Often by several orders of magnitude.

Lawrence County came in at No. 2, and posted an average net worth of $25,324, followed by Baldwin County, which recorded an average net worth of $35,414 and Cherokee County with an average net worth of $25,675.

Blount County came in at No. 5 with an average net worth of $24,995, Washington County placed No. 6 with a $20,505 average net worth and Elmore County came in at No. 7 with a $29,749 average net worth.

Rounding out the top 10 were No. 8 Conecuh County with a $15,416 average net worth, No. 9 Bibb County with a $19,130 average net worth and No. 10 Lamar County with a $17,220 average net worth.

To view the entire list, visit Smartasset.com/investing/online-brokerage-accounts#alabama.