Census: Loudoun County households make most in U.S.
Washington Business Journal – by Tierney Plumb Staff Reporter
Loudoun County had the highest highest median household income in the U.S. last year, according to the Census Bureau.
And Fairfax County had the second highest in the 2007 American Community Survey, which included income, poverty and earnings data.
Loudoun County households made a median of $107,207. Fairfax households made $105,241.
The country’s lowest income was found in Cameron County, Texas, where the number was $29,347.
The Washington area as a whole ranks second among metro areas in median household income, behind San Jose, Calif.
This area’s median household income — $83,200 — is 64 percent above the national average of $50,740 and up from $79,500 a year earlier. Washington lags San Jose by only $593.
Loudoun and Fairfax counties were not the only Washington-area counties to rank high in median income. Others include Arlington County, No. 7 with $94,876; Montgomery County, No. 10 with $91,835; Prince William County, No. 13 with $87,243; and Fauquier County, No. 14 with $84,888.
The survey also found that D.C. had the highest ratio of women’s-to-men’s earnings at 93.4 percent, which is not considered a statistically significant difference between women’s and men’s earnings.
For each of the 50 states, women had lower median earnings than men.
No state had median earnings for women above $50,000, but D.C., Maryland, New Jersey, Massachusetts and Connecticut had median earnings for women who worked full time, year-round above $40,000.
Other findings include:
Median household incomes for 18 states and D.C. were above the U.S. median in 2007, while 29 states were below it.
Poverty rates in the U.S. ranged from 7.1 percent for New Hampshire to 20.6 percent for Mississippi.
There were 29 states in which poverty rates were lower than the national average; for 17 states and the D.C., they were higher.
Article taken from http://www.bizjournals.com/washington/stories/2008/08/25/daily25.html