Top Income in U.S. Is...Gasp!...Wash. D.C. Area
By Frank Bass and Timothy R. Homan
The typical household in the Washington metro area earned $84,523 last year, down from the $85,168 earned in 2009. Household income also dropped last year in San Jose, to $83,944 from $85,168 the previous year.
The figures demonstrate how the nation’s political and financial classes are prospering as the economy struggles with unemployment above 9 percent.
Federal employees whose compensation averages more than $126,000 and the nation’s greatest concentration of lawyers helped Washington edge out San Jose as the wealthiest U.S. metropolitan area, government data show.
The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 last year. The national median income for 2010 was $50,046.
Read rest of the story here. . .
|
|
Urgent Petition
|
Sign the petition to stop Social Security Cuts and send a fax to every Member of Congress demanding they cut other spending, NOT SOCIAL SECURITY.
| |