“American incomes have tumbled over the last decade. But for many people in Washington, D.C., it’s been something of a party. The income of the typical D.C. household rose 23.3% between 2000 and 2012 to an inflation-adjusted $66,583, according to the Census Bureau’s American Community Survey. During this period, median household incomes for the nation as a whole dropped 6.6% — from $55,030 to $51,371.
The Washington, D.C. metro area — which includes the surrounding suburbs in Maryland, Virginia and West Virginia — has it even better, with a median household income of $88,233 that ranks highest among the U.S.’s 25 most populous metro areas.”
http://blogs.wsj.com/economics/2013/09/19/washington-sees-incomes-soar-as-most-of-u-s-declines/
Related posts:
JPMorgan: China's Potential Capital Outflows 'Practically Boundless'
More Americans opting out of banking system
Russians prepare to quit Cyprus; Northern European bankers descend
Airport security scrutinized after boy flies to Maui in plane's wheel well
More Major Retailers Are Getting Ready to Accept Bitcoin
Why So Many Swiss Binationals Are Giving Up U.S. Citizenship
Bank of Montreal CEO: Bank is open to Bitcoin, conditionally
Muslim beauty pageant challenges Miss World
MLB will soon use fingerprints, facial recognition instead of tickets
Human trials for cancer vaccine that uses immune system to eliminate tumours
Former NJ police officer sentenced to 20 months
US expats flee taxman's reach by giving up citizenship
Supreme Court says public-sector unions can't force dissenters to pay them
Joe Klein defends the murder of children by drones
Bitcoin: Experts clash over the crypto-currency