Anchorage Beats San Francisco, Seattle
Forbes's survey of the richest cities in America rates Anchorage directly above San Francisco. Seattle doesn't even make the top five. As one sage commentator says in the story, "Smart people can live anywhere, and they choose to live in the best places." Apparently, part of being smart is not getting old, as Anchorage's lack of retirees is credited for keeping the median income up.
Median HH income / Median home cost
1. San Jose: $71,765 / $623,000
2. Anchorage: $61,595 / $294,374
3. San Francisco: $60,031 / $726,900
4. Virginia Beach: $55,781 / $192,000
5. San Diego: $51,382 / $605,600
posted by President in exile at 9:13 PM
3 Comments:
How on earth does someone making under $62K afford a nearly $300K house?
(I know, I know....)
I'm not sure why you didn't ask the more puzzling question: how on earth does someone making under $61K afford a nearly $727K house?
I know! Get elected to Congress. Then, sell your current house to a defense contractor at $700,000 more than it's appraised value. Buy a big, big house, then do the contractor some simple favors via your congressional seat. Name your boat (provided by said defense contractor) "The Duke-ster" and sail away home free.
Post a Comment
<< Home