Saturday, January 26, 2013

BOOMTOWN: Washington Passes Silicon Valley for Highest Median Income in U.S.

Big Government reports:
Wealth in Washington, DC has surged to the highest median income in the United States, surpassing even tech mecca Silicon Valley, California. With a median household income of $119,134, the Census Bureau reports that Loudoun County, Virginia now occupies the number one spot for the highest median U.S. income. The number two position belongs to Fairfax County, Virginia at $105,797. Arlington, Virginia comes in third at $100,735. In fact, seven of the ten counties with the highest household incomes are in the Washington region.
Rent-seeking has hijacked America's economy.