The richest counties in America by median income are not located near Silicon Valley or adjacent to Wall Street. They are not in oil rich Texas either.
If you guessed that they are surrounding the D.C. Metro Area, you are correct. Six of ten of the richest counties by median income are based just outside of Washington D.C.: five in Virginia, and one in Maryland. This includes the number one ranked county in all of the United States, Falls Church City in Virginia, which has a median income of $121,250 and where half of homeowners own houses worth more than $500k. In case you are wondering, Falls Church City is less than a 10 mile commute from the nation’s capital.
Warren Buffett: If You Own A Good Business, Keep It
Buying private businesses is easier than acquiring public firms, and investors should avoid selling good investments at all costs, according to the Oracle of Omaha, Warren Buffett. Q2 2020 hedge fund letters, conferences and more In an interview with CNBC in March 2013, Buffett was asked if he was looking at any businesses, in particular, Read More
The Ten Richest Counties in America Will Surprise You
Infographic source: Timothy Sykes