The rich are getting richer in our area. Loudoun County is still the region’s wealthiest county, according to the Census Bureau, and its margin over other counties has just increased.
The average household in Loudoun County earns more than $114,000 a year. That’s about $11,000 a year more than the area's second-wealthiest jurisdiction, Fairfax County. Fairfax was the big winner a decade ago, with its households earning $3,000 more than Loudoun County.
"Loudoun is more oriented toward single-family, detached homes; many of them are very large," Anirban Basu, CEO of Sage Policy Group, told The Washington Examiner. "The executive decision makers have been better able to retain their earnings."
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