What are the wealthiest counties in the united states? We have listed here for you the top 10 richest counties in the United States with their estimated household income.
The USA is divided into 50 states, which are divided into several counties. The East Coast has the richest counties in the U.S, thanks to the annual financial income per household. Based on recent estimates, it is suggested that household income has increased in recent years but not evenly across the country. In the past 10 years, median household incomes increased 1.9 percent, amounting to $57,652 annually in urban counties than in rural ones.
In addition, the richest counties share one characteristic, the areas have small populations, so the lifestyle of the inhabitants and the expenses they make annually can be estimated.
What Is a County?
The term county is used to refer to the state’s geographical and political subdivision with government officials. Texas has the highest number of counties (254), while Delaware has the lowest number (3). Counties also play economic roles in the country and are home to some of the largest companies in the world.
Counties can be classified according to population size, land area, GDP size and family income. What are the richest counties in the United States? If you’ve been wanting to know the top richest counties in the United States some of the wealthiest counties in the USA have been listed below;
Top 5 Richest Counties in the USA 2021
1. Loudoun County
Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. The county seat of Loudoun is in Leesburg, where most administration activities take place. Loudoun County is the richest county in the USA, with an estimated average household income of $ 117,876. The county has a complete service economy and is home to some high-tech and Internet-related companies. The economy of Loudoun County has also benefited from Washington Dulles International Airport, the growing wine industry and vast wheat-producing property. The county is the second largest employer in the USA.
2. Fairfax County
Fairfax County is also located in the Commonwealth Virginia, with a population of 1.2 million people. The county seat is in the city of Fairfax and is home to several intelligence agencies, including CIA, NGIA, NRO, NCC and the Office of the Director of National Intelligence. With an average household income of $ 112,436, Fairfax County is the second richest county in the USA. The county’s economy revolves around professional service and technology with most government employees. Fairfax County also has some of the largest employers, including the Volkswagen Group of America, SAIC, Northrop Grumman, Capital One and SRA International. The county is also based in seven of the Fortune 500 companies. The economy is also supported by the Fairfax County Economic Development Authority.
3. Howard County
Howard County is located in the central part of the USA, in Maryland, with a population of 300,000 people. One of the wealthiest counties in the USA, it is popular for its influence, quality of life and excellent education with a median household income of $ 108,844. Development in the county was promoted by the media and the job market in Washington DC.
4. Hunterdon County
Hunterdon County is located in the US state of New Jersey and has a population of 125,488 people. The county is known to have the lowest level of child poverty in the USA. Hunterdon County has an average household income of $ 105,186 with agriculture contributing significantly to household income. The county is also an important fishing and hunting location in New Jersey. Hunting and management areas provide income for most families.
5. Arlington County
Arlington County ranks fifth among the wealthiest counties in the USA. It is located in the Commonwealth Virginia, with the lowest unemployment rate. The County has a domestic average of $ 100,474 with an estimated 200,000 jobs. Some of the main employers include the federal government, the local government, the technical area, food and services. In 2008, Business Week ranked Arlington as one of the safest cities to withstand the recession.
Top 10 Richest Counties in the United States
Below is the top ten richest counties in the United States;
- Loudon County, VA
- Howard County, MA
- Fairfax County, VA
- Hunterdon County, NJ
- Santa Clara County, CA
- Arlington County, VA
- Douglas County, CO
- San Mateo County, CA
- Morris County, NJ
- Williamson County, TN
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