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| 5/25 |
| 2006/3/29-31 [Politics/Domestic/California] UID:42528 Activity:low |
3/29 These are the counties in the USA with the most millionaires,
excluding the value of their primary residence : (from Money/CNN)
1 Los Angeles County, CA 262,800
2 Cook County, IL 167,873
3 Orange County, CA 113,299
4 Maricopa County, AZ 106,210
5 San Diego County, CA 100,030
6 Harris County, TX 96,593
7 Nassau County, NY 78,816
8 Santa Clara County, CA 75,371
9 Palm Beach County, FL 69,871
10 Middlesex County, MA 67,552
\_ http://www.city-data.com/top2.html
Top median household income are usually in N Cal
\_ It's not what you earn, it's what you save/invest.
\_ Hmm .. I didn't expect Cook County to rank so high. It's kind
of a dump. I guess it's just a big county, or maybe housing
is still relatively cheap here so they don't have all their
money locked up in their homes. - cook county resident
\_ Why is New York not in there?
\_ New York City is *IN* Nassau County last time I checked.
\_ http://en.wikipedia.org/wiki/Nassau_County,_New_York
"Nassau County is a county located outside New York City
in the state of New York."
\_ As a former resident of Nassau County: I would like to
correct this info: Nassau is most definitely not a part
of NYC. It is a distinct county of the state of NY.It is
of NYC. It is a distinct county of the state of NY. It is
\_ What info would you like to correct? You proceeded
to say the exact same thing yourself.
not a borough of NYC. Now if you want to start defining
what is or is not a part of suburban NYC; then things get
interesting in that suburban NYC is contained in three
states; not one. Most of the NY rich have houses
in Connecticut, NJ or Westchester County ;AFAIR.
http://www.worldstatesmen.org/US_NYBOROUGHS.html
\_ In NYC, each borough is its own county of about 2-3 million
people. None of them qualified on their own. I'm going to
also guess that lots of people who work in NYC actually live
in CT and NJ, further reducing the number in NYC counties.
If you look at number of billionaires by city then NYC is
#1(#2), LA is #2(#5), SF is #3(#7), and Chicago #4(#10) in the
USA/world.
\_ It still seems wrong that there aren't 68k or more
millionaires in Manhattan.
\_ As the guy above points out, this has a lot to do with
the number of people in a given county. It's not a
coincidence that the counties are mostly in Western
states. Western counties are the size of eastern states
in some cases.
\_ "excluding the value of their primary residence"
Doesn't seem too unlikely with that caveat.
\_ Might seem wrong, but those are the stats.
\_ Why would you exclude the value of someones primary residence?
\_ With the recent runup in real estate prices, lots of people
are paper millionaires. However, their wealth is not liquid
and not really useful either. (If they sold their house
they would have to buy another for a similar price.) It
makes a lot of sense to ask how much in cash/investments
people have *outside* of their house, which they are
presumably living in and intend to keep. |
| 5/25 |
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| www.city-data.com/top2.html Top 100 Cities with Highest Median Household Income (pop. |
| en.wikipedia.org/wiki/Nassau_County,_New_York As of 2004, Nassau County is the richest county per capita in the State of New York and the sixth richest in the nation with a median household income of $78,762. American Revolutionary War, the town of Hempstead was split into two, when pro-revolutionists in the northern part formed the new Town of North Hempstead, leaving royalist majorities in the Town of Hempstead. Several other names had been considered: Matinecock (note that a village in the county currently has that name), Norfolk, (presumably because of the proximity to Suffolk County), Bryant, and Sagamore, but Nassau had the historical advantage of having at one time been the name of Long Island itself. Queens, who left their urban dwellings for a more suburban setting. This led to a massive boom in population in the county, especially on the south shore. By the 1980s, Nassau County became the epitome of suburban life. In the 1990s, Nassau County saw huge budget problems, forcing the county to near bankruptcy. In recent years Nassau County has recovered from its economic malaise of the 1990s. Since 2000, housing prices in Long Island have been the highest in the country. The economy has been booming and according to the United States Census Bureau, residents of Nassau County have one of the highest per capita wealth in the country. According to the above statistics, Nassau County is now one of the most Italian-American counties in the USA. Many middle-class Italian families have moved from inner NYC "Little Italy"s to suburban areas. The average household size was 293 and the average family size was 334. The median income for a household in the county was $72,030, and the median income for a family was $81,246. Males had a median income of $52,340 versus $37,446 for females. |
| www.worldstatesmen.org/US_NYBOROUGHS.html to the United States Boroughs of New York City Party abbreviations : Con = Conservative Party; Fus = Fusion (representing more than one party/coalition of parties); Adopted 1971 3 Sep 1609 Named Staaten Eyelandt by the Dutch. Nov 1993 Staten Island voters approve (65%) a draft charter for independent City of Staten Island, but charter not adopted by state government. |