
(KRON) — It’s no secret that the Bay Space is likely one of the most costly locations to stay in the complete United States. A current examine by SmartAsset exhibits 4 of the 5 wealthiest counties within the nation are within the Bay Space — additional displaying the excessive price of dwelling within the Northern California area.
SmartAsset: 10 Wealthies Counties in U.S.
Rank/County | Median Revenue | Funding Revenue | Median Residence Worth | Total Wealth Index |
1. San Mateo County, CA | $136,837 | $149,818 | $1,495,191 | 100.00 |
2. San Francisco, CA | $126,187 | $134,035 | $1,272,795 | 96.91 |
3. Santa Clara County, CA | $140,258 | $90,292 | $1,468,206 | 93.54 |
4. Marin County, CA | $131,008 | $142,305 | $1,428,578 | 91.68 |
5. Nantucket, MA | $116,571 | $96,756 | $2,439,428 | 88.02 |
6. New York County, NY | $93,956 | $240,895 | $1,174,530 | 80.90 |
7. Teton County, WY | $94,498 | $437,754 | $1,624,087 | 76.31 |
8. Falls Church Metropolis, VA | $155,071 | $46,711 | $957,075 | 72.89 |
9. Alameda County, CA | $112,017 | $38,318 | $1,067,823 | 72.07 |
10. Dukes County, MA | $77,392 | $70,387 | $1,379,576 | 68.61 |
SmartAsset used a county’s “total wealth index” in its rankings — a rating that measures a mix of three components: median earnings, funding earnings and median residence worth.
Among the many high 5, third-ranked Santa Clara County has the best median earnings ($140,258), in response to the examine. Solely Falls Church Metropolis, VA ($155,071) had the next median earnings within the total high 10 record.
Try SmartAsset’s interactive map and see the wealthiest counties in every state throughout the nation. The map will present you the place every county ranks each nationally and in its respective state.
The place different Bay Space counties ranked in U.S.
- Contra Costa County: 18th
- Napa County: nineteenth
- Sonoma County: twenty second
- Solano County: 69th
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Methodology
To find out the wealthiest counties, SmartAsset measured three metrics: funding earnings, property worth and per capita earnings.
“We began the evaluation by calculating the Funding Index for every county by evenly weighing the Bizarre Dividends, Certified Dividends, and Web Capital Positive factors. From there we calculated the Median Residence Worth, and the Per Capita Revenue for every county, and ranked them on all three metrics,” SmartAsset wrote.
SmartAsset used knowledge from IRS SOI Tax Statistics, Zillow and the Bureau of Financial Evaluation.