Virginia, Maryland Counties Dominate Top 10 Richest Counties List

A December 12 Washington Examiner article reports that six of the ten richest counties in the United States are located in the Washington D.C. area.    According to U.S. Census Bureau data, two Maryland counties (Howard and Montgomery) and four Virginia counties (Loudoun, Fairfax, Arlington, and Prince William) are in the top 10 counties nationwide based on 2011 median household income.  On a statewide basis, Maryland is ranked number one in the nation with respect to household median income, although both Virginia and District of Columbia are also above the national median.

“I think this is probably the nation’s wealthiest region overall, and that wealth supports an array of public and private services that are in many ways a lot better than what poorer parts of the country can enjoy,” said Alan Berube, senior fellow at the Brookings Institution.

Credit for the high pay can be given to a job market focused around federal and state government work, according to Tad DeHaven, budget analyst at the Cato Institute.

 

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