Subscribe Now

travelers today

Home » City Guides

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

white hosue
Washington DC is the richest city in the U.S.(Photo : Flickr)

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 technologyDescription: http://images.intellitxt.com/ast/adTypes/icon1.png, 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."

Share This Story

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
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
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
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
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
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

 

© 2015 Traverlers Today, All rights reserved. Do not reproduce without permission.
Join Our Conversation

Travel Tips

Kas, Turkey

Things to Consider While Planning the Perfect Summer Adventure

It is difficult to figure out where to go when there are so many amazing and breathtaking places around the globe to choose from. But there are a couple of important qualifications that can help narrow down the options: safety, weather, and expense.

Subscribe to our newsletter

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

Want more Travel?

Most Popular

Jodi Arias Update

Jodi Arias UPDATE: Convicted Murderer To Live In Prison For Life Without Any Chance Of Parole

Jodi Arias’ latest update reveals that the convicted killer is getting a sentence of natural life in prison with no chance of parole. Now that the sentence has been given, the 2008 murder case that made headlines for its salacious details is finally closed.

No reports of injury after a magnitude 3.5 quake in Los Angeles

Los Angeles Earthquake: 3.5 Magnitude Quake Shakes West Los Angeles Five Hours After Smaller Quake, Due To Drilling?

Los Angeles Earthquake – On Sunday night, the U.S. Geological Survey reported that a magnitude 3.5 earthquake shook the Baldwin Hills section of Los Angeles. Residents on social media described the recent Los Angeles earthquake as a “quick jolt.”

Collegiate rowing team gets attacked by Asian carp

Asian Carp Attacks Rowers, Flies Towards Them? [VIDEO]

Asian Carp Attack – Early Friday morning, the Washington University in St. Louis freshman men's rowing team experienced an unexpected scene with a swarm of Asian carp. The Asian Carp attack occurred as swarm flew out of the water and seemingly attacked, or to be more specific, slapped them in the face.

20 sleeping dam workers were killed Balochistan, Pakistan

Dam Workers Killed: 20 Sleeping Workers Gunned By 40 Men In Pakistan

Dam Workers Killed – Early Saturday, gunmen in Pakistan's southwestern Balochistan province shot and killed at least 20 sleeping workers, while wounding three at a dam construction site. The attack which had the dam workers killed is now considered the deadliest attack in recent times which targeted civilians in a region with low-level insurgency.

Disturbing video shows horse thief being beaten by police in California

Horse Thief Beaten By Police: Shocking Footage Shows 11 Officers Brutally Beating Thief, Gets Internal Investigation [VIDEO]

Horse Thief Beaten By Police – A video showing more than ten deputies beating and kicking a suspected horse thief is making headlines. The footage of the showing the horse thief beaten by police has been recorded by an NBC Los Angeles helicopter Thursday, and it lasts for about two minutes.

Six Thais, one Italian injured in car bomb blast on Thailand's Samui island

Thailand Car Bomb Explosion: Injures 7 In Popular Resort Island, Act Of Islamic Insurgency?

Thailand Car Bomb Explosion – On Friday, a bomb exploded at the Central Festival shopping mall in Samui Island in Surat Thani province, one of the country’s popular resort islands. The Thailand car bomb explosion, which went off in the basement of the mall after a fashion show at 11:30 p.m., injured seven people, according to authorities.

7 died in a plane crash near Bloomington, IL while returning home from NCAA championship game

Bloomington, Il Plane Crash: 7 Dead While Returning From NCAA Tournament, NTSB Investigating

Bloomington, Il Plane Crash – Seven people died after a small plane crash in McLean County, Illinois, near the Bloomington airport Tuesday while on its way home from the NCAA basketball tournament in Indianapolis. Authorities said that two members of Illinois State University's athletic department were amongst those killed in the Bloomington, Il plane crash.

Dozens arrested as violence erupts at Kentucky's basketball celebration

Lexington Fans Arrested: Wildcat Fans Rampage Over Loss, 31 Arrests Made

Lexington Fans Arrested – Following the loss of Wildcats to the Badgers, a number of Wildcat fans were left bewildered over the loss. However, some fans were quite enraged that they took their rage literally with a number of fires spread in the University of Kentucky’s Lexington Campus.

Caribbean Beach

Delaware Family Pesticide: Family In Critical Condition Following Alleged Pesticide Poisoning At Caribbean Resort

Delaware Family Pesticide – What should have been a safe and enjoyable Caribbean getaway turned out to be a deadly one. A family from Delaware is in serious condition following an alleged pesticide poisoning at the Sirenusa Resort on St. John in the US Virgin Islands.

Find Us on Facebook

travelers today

© Copyright 2015 Travelers Today All Rights Reserved.

Subscribe to our newsletter