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March 10, 2010

Six of the Ten Richest Counties in the USA are Around Washington DC

Washington Examiner reports on Forbes magazine ranking of counties by median income (H/T instapundit)

Loudoun ranks as the richest county in the United States, immediately followed by Fairfax and Howard counties, while Montgomery, traditionally one of the wealthiest, is now 10th. 12 of the top 25 are in the Washington DC area.

Rank County            Population Median household income 
1 Loudoun County         277,433   $110,643 
2 Fairfax County       1,005,980   $106,785 
3 Howard County          272,412   $101,710 
4 Hunterdon County, N.J. 129,000   $100,947 
5 Somerset County, N.J.  321,589   $100,207 
6 Fairfax City            23,281    $98,133 
7 Morris County, N.J.    486,459    $97,565 
8 Douglas County, Colo.  270,286    $97,480 
9 Arlington County       204,889    $96,390 
10 Montgomery County     942,747    $93,999 
11 Nassau County, N.Y. 1,352,817    $93,579 
12 Stafford County       120,219    $89,536 
13 Calvert County         88,126    $89,049 
14 Prince William County 358,719    $88,675 
15 Putnam County, N.Y.    99,195    $88,580 
16 Goochland County, Va.  20,494    $88,552 
17 Williamson County,Ten 165,336    $88,316 
18 Marin County, Calif.  246,985    $88,101 
19 Santa Clara,Ca      1,734,756    $87,287 
20 Forsyth County, Ga.   158,009    $86,938 
21 Charles County        140,032    $86,586 
22 Summit County, Utah    35,448    $85,258 
23 Alexandria City       140,657    $85,135 
24 Chester County, Pa.   485,083    $84,844 
25  Suffolk County, NY 1,510,716    $84,767

Lobbyists in Washington can make over one million per year.
Even when government is downsized people can make money as several people in the $100 million or more networth range achieved their wealth during the Reagan administration by creating companies that took over functions that were performed in government.

Here is a rough analysis of the sources of wealth of those living around Washington DC




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