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Forbes Magazine: Falls Church is ‘Richest Locality in the U.S.’

Although misidentifying the City of Falls Church as a “county,” Forbes Magazine has anointed its “richest locality” designation to Falls Church in its edition on newsstands yesterday. Falls Church’s median household income is listed at $113,313, followed in second place by Northern Virginia neighbor Loudoun County with a median income of $112,021. Falls Church eclipsed Loudoun this year, after Loudoun had led the ratings each of the last three years. The top 10 jurisdictions were ranked based on median household income estimates from 2005 to 2009 in each county in the nation provided by the U.S. Census’ American Community Survey, according to Forbes. The estimates are in 2009 inflation-adjusted U.S. dollars.

Four of the five wealthiest jurisdictions in the nation are in the D.C. suburbs, according to Forbes. In addition to Falls Church and Loudoun, Fairfax County is right up these with a median household income of $104,259, and Howard County, Maryland, is fifth highest in the U.S. with a median household income of $101,003, and Fairfax City ranks 10th on the list with a median household income of $96,232.

 

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News

Forbes Magazine: Falls Church is ‘Richest Locality in the U.S.’

Although misidentifying the City of Falls Church as a “county,” Forbes Magazine has anointed its “richest locality” designation to Falls Church in its edition on newsstands yesterday. Falls Church’s median household income is listed at $113,313, followed in second place by Northern Virginia neighbor Loudoun County with a median income of $112,021. Falls Church eclipsed Loudoun this year, after Loudoun had led the ratings each of the last three years. The top 10 jurisdictions were ranked based on median household income estimates from 2005 to 2009 in each county in the nation provided by the U.S. Census’ American Community Survey, according to Forbes. The estimates are in 2009 inflation-adjusted U.S. dollars.

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