America's Richest Counties 2014

Apr 1 2014, 4:03pm CDT | by

America's Richest Counties 2014
Photo Credit: Forbes Business

America's Richest Counties 2014

 Like a great river, the government industrial complex continues to roll along.

Want to live the good life? Move to Washington, D.C. Or, specifically, to its suburbs.

Six of America’s 10 wealthiest counties lie within a stone’s throw of the Beltway. Plenty of lucrative jobs are available in tech contracting and other professional services, while other big sources of employment are local school systems and major federal agencies like the Department of Defense.

None of them are in California or Texas, no so Silicon Valley or oil money here. None are in New York, either, although Wall Street money does show up in a couple of wealthy New Jersey counties that make the list, Hunterdon and Somerset.

The most notable change from last year’s list: Falls Church has passed fellow Virginia county Loudoun to take the title of America’s Richest County. Falls Church, where more than half of the houses occupied by families are valued between half a million and a million dollars, boasts an annual median household income of $121,250. Loudoun is some $2,600 per year behind. Loudoun, sitting 45 miles northwest of the White House, dates back to the pre-Revolutionary War era. It’s now a bustling county of 350,000 people and over 80,000 families, where the biggest employer is the public school system.

We rank the nation’s wealthiest counties by median household income data from the Census Bureau’s Small Area Income and Poverty Estimates for 2012, the last full year for which data is available. Other D.C.-area counties raking in the money: Fairfax, Arlington and Stafford counties in Virginia and Howard County in Maryland, the home base of Johns Hopkins’ applied physics lab. All of those counties boast median household income of at least $95,000 annually.

Washington isn’t the only area that benefits from government spending. Coming in at No. 3, with a median household income of more than $112,000 annually, is Los Alamos, N.M., home to the famous Los Alamos National Laboratory. The $2.2 billion government research facility employs 9,000 people and supports a local ecosystem of restaurants and stores.

Full List: America’s Richest Counties 2014

Follow Me on Twitter

Source: Forbes Business

 
 

Don't miss ...

 

<a href="/latest_stories/all/all/30" rel="author">Forbes</a>
Forbes is among the most trusted resources for the world's business and investment leaders, providing them the uncompromising commentary, concise analysis, relevant tools and real-time reporting they need to succeed at work, profit from investing and have fun with the rewards of winning.

 

blog comments powered by Disqus

Latest stories

Add spices and herbs in food for super health
Washington, Oct 29 (IANS) Spices and herbs not only offer a zingy flavour to your food, they can also improve your health by helping to reduce sodium, calorie and fat intake, finds research.
 
 
High milk intake may lead to early death: Study
London, Oct 29 (IANS) Instead of strengthening your bones, drinking more than three glasses of milk a day may increase the risk of early death, a study has found.
 
 
UN to help Myanmar move out of least developed countries
Yangon, Oct 29 (IANS) The United Nations Conference on Trade and Development (UNCTAD) vowed to provide technical assistance to Myanmar to help lift it out of the least developed countries (LDC) list, the president's office said Wednesday.
 
 
Black tea, citrus fruits lower ovarian cancer risk
London, Oct 29 (IANS) Having black tea and citrus fruits daily - and red wine occasionally - may lower the risk of developing ovarian cancer, research shows.
 
 
 

Latest from the Network

Chloe Grace Moretz: I'm a geek
Chloe Grace Moretz is a ''geek'' when she's at home. The 17-year-old actress - who can be seen playing a prostitute alongside Denzel Washington in new action thriller film 'The Equalizer' - insists she lives a pretty...
Read more on Celebrity Balla
 
High powered MRI scans identify language centres in brain
Vienna, Oct 29 (IANS) A study from the Medical University of Vienna found how 7-Tesla ultra high-field magnetic resonance imaging (MRI) could be used to clearly show the brain areas responsible for speech processing...
Read more on Business Balla
 
Timothy Spall sees 'certain parallels' with William Turner
Timothy Spall sees ''certain parallels'' between himself and William Turner. Spall, 57, plays the influential painter in his new film 'Mr. Turner', for which he won the Best Actor award at the Cannes Film Festival, and...
Read more on Movie Balla
 
Trinidad cricket board condemns Windies players pull out
Port-of-Spain, Oct 29 (IANS/CMC) The Trinidad and Tobago Cricket Board (TTCB) has condemned the recent decision by the West Indies cricketers to abort their tour of India. The condemnation came in the form of a motion...
Read more on Sport Balla
 
Binge drinking hampers memory in long run
Washington, Oct 29 (IANS) High doses of alcohol during adolescence may continue to affect the brain even after drinking stops, leading to structural changes in the brain and memory deficits, says a significant study....
Read more on Celebrity Balla
 
EU: inspiring innovation through 3D-printed robot
Brussels, Oct 29 (IANS) The European Union (EU) said that it has a 3D-printed robot ready to be introduced in schools to cultivate the creativity of students studying mechanics, computer sciences, electronics and 3D...
Read more on Politics Balla
 
'Confident West Indies will appear in 2015 World Cup'
Sydney, Oct 29 (IANS/CMC) John Harden, 2015 Cricket World Cup chief executive, has said he is confident that the former champions West Indies will appear at next year's event in Australia and New Zealand. Harden...
Read more on Sport Balla
 
NASA cargo spacecraft explodes minutes after launch
Washington, Oct 29 (IANS) In a shocking incident, an unmanned commercial rocket carrying crucial scientific cargo for the International Space Station (ISS) exploded moments after lift-off Tuesday evening. Orbital...
Read more on Politics Balla
 
Sleep disturbances linked to higher Alzheimer's risk in men
London, Oct 29 (IANS) Elderly men with self-reported sleep disturbances run a higher risk of developing Alzheimer's disease than men without self-reported sleep disturbances, says a study. "We demonstrate that men...
Read more on Business Balla
 
Champ Bailey Retires From the NFL
Former Denver Broncos cornerback Champ Bailey retired from the NFL on Oct. 28.Bailey ends his career as one of the top shutdown cornerbacks in league history, per Ben Swanson of the Broncos' official website:"Longtime...
Read more on Sport Balla