360° Coverage : America's Richest Counties 2014

2 Updates
America's Richest Counties 2014
Photo Credit: Forbes Business

America's Richest Counties 2014

Apr 1 2014, 4:03pm CDT | by

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...

Filed under: news

 
 
 

23 weeks ago

America's Richest Counties 2014

Apr 1 2014, 4:03pm CDT | by

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

 
Update
2

2 weeks ago

Khazanah throws MAS RM6b lifeline

Aug 29 2014 5:01pm CDT | Source: Business Times Singapore

August 30, 2014 1:15 AMKHAZANAH Nasional will inject RM6 billion (SS$2.4 billion) over three years to resuscitate loss-making Malaysia Airlines (MAS) under a recovery plan that includes even an Act of Parliament. Other key moves are migrating its operations, assets and liabilities to a new company (NewCo) and slashing the workforce of 20,000 by 30 ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 
Update
1

2 weeks ago

MAS posts loss of RM307m for Q2

Aug 28 2014 5:00pm CDT | Source: Business Times Singapore

August 29, 2014 1:13 AMMALAYSIA Airlines (MAS) registered a loss of RM307 million (S$122 million) for the second quarter to end-June, but warned of worse to come in the second half when the "full financial impact of the double tragedies of MH370 a ...
Source: Business Times Singapore   Full article at: Business Times Singapore
 

 

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

$1bn needed to fight Ebola virus: UN
United Nations, Sep 16 (IANS) Over one billion dollars are needed to fight the West Africa Ebola outbreak - a tenfold increase in the past month, the UN's Ebola coordinator has said.
 
 
Five children die of spoiled vaccines in Syria
Damascus, Sep 16 (IANS) At least five children died after taking contaminated measles vaccines in rebel-held areas in the country's northern province of Idlib, the opposition Syrian Observatory for Human Rights said Tuesday.
 
 
'XI visit will set tone of Modi's US trip'
Washington, Sep 16 (IANS) Chinese President Xi Jinping's India visit will set the tone of Indian Prime Minister Narendra Modi's upcoming trip to the US, according to Jagat Shah, secretary general of the China-India Trade and Investment Centre.
 
 
Kenya maintains flight ban to Ebola-hit West African nations
Nairobi, Sep 16 (IANS) The Kenyan government will not lift a travel ban to West African countries affected by an outbreak of Ebola virus disease until the risk reduces to a manageable level, officials said Tuesday.
 
 
 

Latest from the Network

$1bn needed to fight Ebola virus: UN
United Nations, Sep 16 (IANS) Over one billion dollars are needed to fight the West Africa Ebola outbreak - a tenfold increase in the past month, the UN's Ebola coordinator has said. David Nabarro made the...
Read more on Business Balla
 
Modi's speech to be beamed live at iconic Times Square
New York, Sep 16 (IANS) Prime Minister Narendra Modi's address to the Indian community at a grand public reception at Madison Square Garden Sep 28 will be beamed live on giant screens at New York's iconic Times Square...
Read more on Politics Balla
 
Five children die of spoiled vaccines in Syria
Damascus, Sep 16 (IANS) At least five children died after taking contaminated measles vaccines in rebel-held areas in the country's northern province of Idlib, the opposition Syrian Observatory for Human Rights said...
Read more on Politics Balla
 
Nepal all-party conference on constitution drafting cancelled
Kathmandu, Sep 16 (IANS) A scheduled all-party conference which was expected to provide an impetus to the fragile constitution drafting process of Nepal has been cancelled due to dispute among parties about its agenda...
Read more on Politics Balla
 
'XI visit will set tone of Modi's US trip'
Washington, Sep 16 (IANS) Chinese President Xi Jinping's India visit will set the tone of Indian Prime Minister Narendra Modi's upcoming trip to the US, according to Jagat Shah, secretary general of the China-India...
Read more on Politics Balla
 
Bangladesh court to give verdict on Islamist leader's death rap appeal
Dhaka, Sep 16 (IANS) Bangladesh's apex court will Wednesday deliver the final judgment on an appeal against the verdict of the International Crimes Tribunal (ICT)-1 sentencing an Islamist party leader to death for war...
Read more on Politics Balla
 
Iraq parliament fails to endorse key ministerial nominees
Baghdad, Sep 16 (IANS) Iraqi lawmakers Tuesday failed to approve new Prime Minister Haider al-Abadi's nominees for defence, interior and tourism ministers, media reported. Jaber al-Jaberi, a Sunni nominee for defence...
Read more on Politics Balla
 
Google wants to teach programming to millions of American girls
San Francisco, Sep 16 (IANS/EFE) Internet giant Google is seeking to teach computer programming to millions of girls in the US under its Made With Code initiative, which has an eye on developing women programmers in...
Read more on Politics Balla
 
Over 260,000 internally displaced in Ukraine: UN agency
Geneva, Sep 16 (IANS) Over 260,000 people in Ukraine are internally displaced, the UN Office for the Coordination of Humanitarian Affairs (OCHA) said Tuesday. According to its latest report, OCHA said an estimated 5.1...
Read more on Politics Balla
 
Riyadh calls for 10-year fight to wipe out terror
Riyadh, Sep 16 (IANS) Saudi Arabia wants that the war on the so-called Islamic State (IS) and other terrorist organisations should continue for 10 years, Foreign Minister Prince Saud Al-Faisal has said. Addressing...
Read more on Politics Balla