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Arlington and Alexandria Named Two of America’s 10 Top “Wealth Centers”

Bizjournals has identified Arlington and Alexandria as two of America’s top 10 wealth centers. Wealth centers are defined as communities that manage to blend substantial size (populations above 100,000) with considerable affluence.

#1 Arlington captured the top spot with a “wealth index” of 14.97. The 2006 per capita income was $53,543.

#4 Alexandria came in with a “wealth index” of 13.03 although it had the second highest per capita income of $52, 530.

Bizjournals used a six-part formula to analyze the relative affluence of all cities, incorporated towns and unincorporated urban areas above the 100,000-person cutoff. The strongest scores went to places with high income levels and large inventories of high-end homes.

The study’s raw data came from the U.S. Census Bureau’s 2006 American Community Survey, the most recent source for federal statistics at the local level. The figures are for specific municipalities, not for the broader metropolitan areas to which they belong.

This continues to be a banner year for Alexandria. Other accolades include being named for:

Wouldn’t you like to know more about living in Alexandria or Arlington? Give me a call at 703.927.4554 and let’s make you a part of this exciting community.

Michael

Pictures courtesy of the Arlington Economic Development Office and the City of Alexandria.
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