Isn't that Rich?: Northern Virginia Counties Top List of Richest in U.S.
March 20, 2008
Fairfax, Loudoun, Arlington, Stafford, Prince William, and Alexandria are some of the wealthiest areas in nation by median household income
Where's the wealth of the United States? Silicon Valley? Manhattan? Bill Gate's backyard in Medina County, Washington?
How about the Northern Virginia suburbs of Washington D.C.!
Northern Virginia had 6 counties place in the top 20, due in large part to the quantity and quality of high-paying jobs in the technology sector, government, government contracting, and legal fields. High salaries and median income explain the boom in luxury priced property throughout the region.
FAIRFAX COUNTY
Ranked #1 in the country by median income pegged at $100,318. Fairfax County has a population of over 1 million residents. Fairfax County covers a large area and includes the following towns and municipalities: Alexandria, Annandale, Burke, Centreville, Chantilly, Clifton, Fairfax, Fairfax Station, Falls Church, Great Falls, Herndon, Lorton, McLean, Oakton, Reston, Springfield, and Vienna.
11% of available homes in Fairfax County are currently listed for over $1 Million. In McLean & Great Falls, a whopping 67% of homes are priced at over $1 million, with an average price of $1.9 Million.
LOUDOUN COUNTY
Just behind Fairfax County at #2 on Forbes list is Loudoun County with a median income of $99,371. Loudoun County is further out from Washington, D.C., and its growth and income is driven by the presence of Dulles International Airport and a multitude of information technology companies that came to the area after AOL initially established its headquarters there. Loudoun County includes the following areas: Ashburn, Dulles, Leesburg, Lovettsville, Potomac Falls, Purcellville, South Riding, and Sterling.
About 200 homes in Loudoun County are currently on the market for over $1 Million.
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ARLINGTON COUNTY
In the #9 position on the list with a median income of $87,350 is Arlington County, the closest-in suburb to Washington D.C. Arlington lies just across the Potomac River from D.C. and is home to the Pentagon, the largest office building in the world. Many Washington lawyers, lobbyists, and politicians call Arlington home. Arlington County has no separate municipalities, but has several distinct areas, including: Rosslyn, Clarendon, Ballston, Crystal City, Shirlington.
A full 13.4% of the homes for sale in Arlington are currently priced at over $ 1 Million. SEARCH ALL ARLINGTON HOMES
STAFFORD COUNTY
Stafford County chimes in at #11 with a median income of $85,014. Stafford County is situated about 45 miles south of Washington, D.C., halfway between the Nation's Capital and Richmond, the Capital of Virginia. The major city in Stafford County is Fredericksburg, known for its rich history. Quantico Marines Corps Base in the northern end of the County comprises over 30,000 acres.
In the more affordable Stafford County, only 8 homes are currently priced at over $1 Million.
PRINCE WILLIAM COUNTY
At #18 on the Forbes List, Prince William County boasts a median income of $80,783. Prince William County includes the following areas: Bristow, Dale City, Dumfries, Gainesville, Haymarket, Lake Ridge, Manassas, Woodbridge.
76 Prince William County homes are listed for sale at $1 Million or more. SEARCH NORTHERN VIRGINIA HOMES
CITY OF ALEXANDRIA
Rounding out the list of Northern Virginia counties is Alexandria. While technically it is an independent city, not a county, the statistics are tracked the same way. At #19 on the list, Alexandria has a median income of $80,449. Some of the popular areas of Alexandria include: Old Town Alexandria, Del Ray, Rosemont, Landmark, and Cameron Station.
Over 8% of homes for sale are on the market for over $1 Million in Alexandria. Wanna see? You know the drill... just click the link. SEARCH ALEXANDRIA HOMES
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