Posted on 03/14/2014 6:28:43 AM PDT by SeekAndFind
A record 9.63 million households had a net worth of $1 million or more last year, a 58 percent increase from 2008. The number of affluent households worth between $100,000 and $1 million also went up in 2013
There was a record 9.63 million households in the U.S. with a net worth of $1 million or more last year, according to new market research.
The number of millionaire households surged 58 percent from a dip in 2008, when there were 6.7 million households worth $1 million or more (not including primary residences). In 2007, there were 9.2 million households worth that amount, reports market research firm Spectrem Group.
(Excerpt) Read more at time.com ...
How much of that wealth is concentrated around Washington D.C.?
Here’s the Census Bureau list of the counties with the highest median incomes:
Falls Church city, Va. $121,250
Loudoun County, Va. $118,934
Los Alamos County, N.M. $112,115
Howard County, Md. $108,234
Fairfax County, Va., $106,690
Hunterdon County, N.J. $103,301
Arlington County, Va. $99,255
Douglas County, Colo. $98,426
Stafford County, Va. $95,927
Somerset County, N.J. $95,574
Morris County, N.J. $95,236
Montgomery County, Md. $94,365
Prince William County, Va. $93,011
http://www.city-data.com/city/Arnold-Maryland.html
Estimated median household income in 2011: $101,653
Clearly I live in the poor section of Maryland compared to some of those areas.
I would suspect the added wealth is due to the gain in the stock market since Bama was elected. Its all fake money and will indeed crash AFTER the government uses that to promote income equality.
I know of a few who bought houses during the mortgage crisis and rented them out for quite a tidy sum.
The way property has been rising here in New York City and suburbs, they are millionaires on paper.
Hey! We can all be in the one percent!
RE: Hey! We can all be in the one percent!
God loves us so much he made more of us :)
RE: Hey! We can all be in the one percent!
God loves us so much he made more of us :)
Conservatives love the one percenters so much, they’re trying to make everyone the one percent. “Progressives” (liberals) love poor people so mush, they’re trying to make everyone poor (except themselves, of course.)
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