According to the Census Bureau’s “American Community Survey” …
The five richest counties in the United States are all suburbs of Washington, D.C.
Loudoun County, VA tops the list … the median household income there is $125,672.
As a benchmark, the median household income in the U.S. $55,322.
Following close behind Loudoun are:
- Falls Church, VA ($115,244)
- Fairfax County, VA ($114,329)
- Howard County, MD ($113,800)
- Arlington County, VA ($108,706)
New York, New Jersey and California have a total of 8 counties on the top 20 list.
Here’s the full list …
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December 8, 2017 at 12:37 pm |
While household income is a worthy metric, it seems at odds with academic rigor to equate income with wealth.
Wealth – being rich – is a measurement of net assets, not income. If someone is rich, it is because they have lots of assets. If someone doesn’t have a lot of assets, even if they have a relatively high household income, it seems entirely wrong to label them rich.
Households with “higher” incomes may well spend much of that income (vs saving/investing) and therefore could be “not rich” at all. Further, disposable income would be a better measure of relative wellbeing across the country, since it is well-known that housing is more expensive in the regions associated with high levels of household income.
See here: http://www.investinganswers.com/financial-dictionary/personal-finance/wealth-5711