Wednesday, October 19, 2011

Wash DC Is Richest US Metro Area

From Bloomberg, "Top Income in U.S. Is...Gasp!...Wash. D.C. Area" by Frank Bass and Timothy R. Homan:
Federal employees whose compensation averages more than $126,000 and the nation’s greatest concentration of lawyers helped Washington edge out San Jose as the wealthiest U.S. metropolitan area, government data show.

The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 last year. The national median income for 2010 was $50,046.
Read the complete article here.

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