Subscribe Now

travelers today

Home »

America's Richest Cities 2012: Washington D.C. at Number One [SEE PHOTOS]

Travelers Today       By    Lena Vazifdar

Updated: Oct 08, 2012 03:04 PM EDT

Text Size: A A A

24/7 Wall St. has released its recent America's Richest Cities survey. Washington D.C. and its surrounding metropolitan area has come out number one.

Using 2011 Census Bureau American Community Survey they found out which cities had the highest and lowest incomes.

Alex Friedhoff, a Research Analyst at Brookings Institute's Metropolitan Policy Program noted  to 24/7 Wall St. that the "The biggest factor in determining a city's income is the underlying industries that employ the most residents, as well as the type of jobs. High-tech jobs, particularly those related to computers and information technology, tend to pay higher salaries and are more likely to be located in areas with affluent residents. On the other hand, most of the jobs in the lower-income metro areas tend to be in retail, service, agriculture and low-tech manufacturing."

What also was found from their research is that there is a big disparity between rich and poor cities. In cities like McAllen, Texas 24/7 Wall St. reported  that more than 35 percent of its residents live below the poverty line.

Here are the top five richest American Cities according to 24/7 Wall St.

Washington DC and surrounding metropolitan areas-- Arlington-Alexandria, D.C.-Va.-Md.-W.Va.

Credit: Flickr

Washington DC has a median household income of  $86,680 and boasts a population of 5,703,948. The percentage of households below poverty line are 8.3 percent which is the 5th lowest and the unemployment rate is 5.8 percent, 24/7 Wall St. reports.

San Jose-Sunnyvale-Santa Clara, Calif.

 

Credit: Flickr

San Jose and its surrounding areas have a median household income of $84,012 and a population of 1,865,450. The unemployment rate is 9.9 percent and the percentage of those below the poverty line is 10.6 percent.

Bridgeport-Stamford-Norwalk, Conn.

Samford. Credit: Flickr

The median household income in Bridgeport, Stamford and Norwalk, Connecticut is $77,289. The area boasts a population of 925,899 and the unemployment rate is 8.2 percent. The percentage below the poverty line is 9.4 percent.

Oxnard-Thousand Oaks-Ventura, Calif.

Oxnard. Credit: Flickr

The Oxnard area of California has a population of 831,771 and a median household income of 474,623. The unemployment rate is at 10.1 percent and 11.3 percent lives below the poverty line.

Trenton-Ewing, N.J.

Trenton. Credit: Flickr

The median household income in Trenton and Ewing, New Jersey is $73,890. The population is 367,063 and the unemployment rate is at 7.7 percent. 11.4 percent live below the poverty line.

See related article:

Top Ten Poorest States in America 2012

 

© 2017 Traverlers Today, All rights reserved. Do not reproduce without permission.
Join Our Conversation

Travel Tips

The Top 5 Rides at Walt Disney World

Five Tips On How To Enjoy Your Trip In Disney World Orlando

Disney World Orlando is a famous tourist spot with its wide selection of rides, activities, restaurants, and spectacular events. But if you want to enjoy every bit of it, you need to plan your trip carefully. Here are five tips on how to enjoy your trip in Disney World Orlando.

Five Things To Do When You Are Travelling With A Disabled Person

Five Things To Do When You Are Traveling With A Disabled Person

Persons with disabilities are as special as what their needs should be. Despite the incapability they have, they likewise deserve to experience good life through traveling and discovering beautiful places outside the four corners of their homes.

Five Expressions You Need To Learn Before Traveling To Los Angeles

Five Expressions You Need To Learn Before Traveling To Los Angeles

In Los Angeles’ metro area itself, there are 185 languages that are spoken in households. Therefore, it is always better to learn some of the basics before visiting L.A.

Five Things That You Need To Do When You Are Traveling With Your Pet

Five Things That You Need To Do When You Are Traveling With Your Pet

Pet travels are some of the most exciting travels in the world. But before going on a trip, be sure to prepare this checklist for you and your pet to have a safe trip ahead.

Subscribe to our newsletter

Receive the latest travel news, reviews, and more..

Want more Travel?

Most Popular

Austin Vacation Travel Guide | Expedia

Austin, Texas Hailed As The Best Place To Live In America

Austin is now the most desirable place to live in the States.

Humiliated by British Airways

Elderly Woman Flies For 13 Hours In Wet Clothes After A British Airways Crew Denied Her Of Using The Toilet

A British Airways crew has garnered a lot of criticism following an incident of denying an old lady to use the toilet. As a result, the lady ended up wetting herself and flew the whole flight in her wet clothes.

Man forcibly taken off an overbooked United Airlines flight.

Doctor Who Refused To Get Off An Overbook United Airlines Flight Forcibly Taken Off The Plane [VIDEO]

Aviation security officers used force to remove a passenger from an overbooked flight from Chicago to Louisville. The doctor refused to leave the plane voluntarily, saying he needs to see patients in the morning.

Works at Atapuerca Archeological Site

From King Solomon’s Mine To Treasure Hunt App In London, 2017 Is Good Year For Archaeology

Archaeologists will find more interesting dig ups this year and would like the public to know more of their history and culture. More expeditions and creative initiatives have 2017 say it's the year of archaeology.

travelers today

© 2017 TRAVELERS TODAY All rights reserved.

Subscribe to our newsletter
Real Time Analytics