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Contact: Alan Fogg, afogg@fceda.org,
703-790-0600 (office) or 571-213-5065 (mobile)
Fairfax County again tops in income level among largest U.S. counties
County has median household income of $94,600 per year
Fairfax County , Virginia USA, August 30, 2006 – Fairfax County again ranks first among large U.S. counties (population 500,000 plus) with the highest median household income in 2005, according to Census Bureau data. Fairfax County ranked first among large counties in 2004 as well.
Fairfax County, just outside Washington, D.C., ranked second in the nation overall regardless of population size. The county had a 2005 median household income of $94,600, while the 2004 median household income was $88,133. All the numbers reflect inflation-adjusted dollars.
In additional national rankings:
- Fairfax County ’s median family income was $90,305, the second highest in the country;
- 58.5 percent of the county’s residents (25 years and older) have at least a bachelor’s degree, the third highest in the country. Nationwide 27.2 percent of the population 25 and over have a bachelor’s degree.
“High income levels are one result of Fairfax becoming an employment center that attracts a tremendous number of technology and professional services firms, ” said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority (FCEDA). In just the first half of the year, the Fairfax County EDA has worked with 73 companies that will add more than 3,400 jobs to the local economy.”
The American Community Survey is conducted annually by the Census Bureau in counties with more than 65,000 residents. Rankings are online at http://factfinder.census.gov. Click on “Ranking Tables.”
Business growth helps Fairfax County fund public services, such as the nation’s top-rated school system and library, park, public safety and human services, which contribute to the quality of life of its residents. Fairfax County offers businesses a state-of-the-art telecommunications infrastructure, access to domestic and international markets through Washington Dulles International Airport, and a well-educated workforce.
The Fairfax County Economic Development Authority promotes Fairfax County as a business and technology center. The FCEDA’s Capital Attraction Program links technology entrepreneurs with potential investors. Another program supports the growth of minority and woman-owned businesses. The FCEDA maintains offices in Silicon Valley, Bangalore, Frankfurt, London, Seoul and Tel Aviv.
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