Washington’s Median Income Rose Nearly 10 Percent in 4 Years
The District had the 17th-fastest-growing median income between 2007 and 2011. By Benjamin Freed
Comments () | Published October 23, 2013
The median income in the District rose 9.7 percent from 2007 to 2011, making Washington the city with the 17th-fastest-growing income during that period, according to the personal finance website Nerd Wallet. Median earnings jumped from $42,041 in 2007 to $46,112.
That DC came in near the bottom of Nerd Wallet’s top-20 list wouldn’t be notable if the District didn’t have the third-highest median income of the cities included. The city with the fastest-growing income, Chico, California, experienced a 32 percent gain over the four-year period, but that represents an increase from $15,898 to $20,979.
The only two cities on the list with a higher median income are Mountain View, California (home to Google) and Yorba Linda, California, which was the United States’ wealthiest city in 2006. Both are barely one-tenth the size of DC.