Incomes Fall Across America, Hit ‘All-Time High’ In D.C.

As The Obama Economy Crushes American Family Incomes, It’s Turning Washington, D.C. Into A Boomtown

Census: ‘Household Income Decreased’

“The income of the typical U.S. family fell or was flat in almost every state last year, with the drop particularly steep in places where the economy has been hit hard by the housing bust.” (“Incomes Fell Or Stagnated In Most States Last Year,” Wall Street Journal, 9/20/12)

“Real median household income decreased between the 2010 and 2011 ACS in 18 states. These decreases range from 1.1 percent (Ohio) to 6.0 percent (Nevada).” (“Household Income For States: 2010 And 2011,” U.S. Census, P.1, 9/12)

• “The sharpest drop occurred in Nevada, where median income fell by 6%. The median fell by 3.8% in California and by 2.9% in Arizona and Florida.” (“Incomes Fell Or Stagnated In Most States Last Year,” Wall Street Journal, 9/20/12)

‘Washington Region... Looking Even More Affluent’

“Seven of nation’s 10 most affluent counties are in Washington region… an all-time high.”

• “With a median household income surpassing $119,000, Loudoun County heads the list.”
• “Fairfax County, at nearly $106,000, is second.”
• “Arlington County leapfrogged… to third.” “More surprising, Arlington County leapfrogged from the fifth spot to third, with a median household income of almost $101,000, a $6,000 gain in one year.”
• “Other counties in the top 10 are Howard, Prince William, Fauquier and Montgomery, which had dropped out of it in 2010.” (“Seven Of Nation’s 10 Most Affluent Counties Are In Washington Region,” The Washington Post, 9/19/12)

“The Washington region has emerged from the recession looking even more affluent compared with the rest of the country...”(“Seven Of Nation’s 10 Most Affluent Counties Are In Washington Region,” The Washington Post, 9/19/12)

“The rankings in the 2011 American Community Survey released Thursday expand Washington’s dominance among high-income households, reflecting a regional economy that was largely cushioned as the recession yanked down income levels elsewhere. Household incomes rose in most counties around Washington last year, even as they continued to sink around the country.” (“Seven Of Nation’s 10 Most Affluent Counties Are In Washington Region,” The Washington Post, 9/19/12)

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