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.
Benjamin Freed joined Washingtonian in August 2013 and covers politics, business, and media. He was previously the editor of DCist and has also written for Washington City Paper, the New York Times, the New Republic, Slate, and BuzzFeed. He lives in Adams Morgan.
Washington’s Median Income Rose Nearly 10 Percent in 4 Years
The District had the 17th-fastest-growing median income between 2007 and 2011.
Benjamin Freed joined Washingtonian in August 2013 and covers politics, business, and media. He was previously the editor of DCist and has also written for Washington City Paper, the New York Times, the New Republic, Slate, and BuzzFeed. He lives in Adams Morgan.
Most Popular in News & Politics
Young DC Conservatives: No One Wants to Date Us
5 Things to Know About This Weekend’s Inaugural Balls
DC Demonstrations and Protests Planned Around Trump’s Second Inauguration
This Time, Metro Will Offer a Full-Blown Trump Inauguration SmarTrip Card
Inauguration Road Closures: The Very Long List of DC Streets to Avoid This Weekend
Washingtonian Magazine
January Issue: He's Back
View IssueSubscribe
Follow Us on Social
Follow Us on Social
Related
A Biography of Perle Mesta Sheds Light on a Famed DC Figure
Inside the Library of Congress’s Artificial-Aging Lab
Guest List: 5 People We’d Love to Hang Out With This January
Paula Whyman’s New Book Is About an Ecology Project From Hell
More from News & Politics
Donald Trump’s Inauguration Will Be Indoors
Workers at Some of DC’s Best-Known Restaurants Move to Unionize
Elon Musk and Hulk Hogan Will Speak at Trump Rally, DC Could Get a Bottle Deposit Program, and the US Will Send Ambassadors to Hollywood
Playbook’s New Author Is “Used to Chaos and Turmoil and Change”
Jason Aldean Is Among Inauguration Musical Guests, There’s House Intrigue Over Ukraine, and Lots of People Are Buying Mansions
What Trump’s Return Means for DC
What Snow Could Mean for Inauguration Day
4 Surprising Moments in the Compass Coffee Lawsuit