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The Richest County in Each State<br>
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<a class="moz-txt-link-freetext" href="http://247wallst.com/special-report/2015/01/29/the-richest-county-in-each-state/">http://247wallst.com/special-report/2015/01/29/the-richest-county-in-each-state/</a>
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<p>In his recent State of the Union address, president Barack Obama
asked, “will we accept an economy where only a few of us do
spectacularly well? Or will we commit ourselves to an economy that
generates rising incomes and chances for everyone who makes the
effort?”</p>
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<p>Wealth in the United States is not equally distributed — not
across states, and not within states. Based on data from the
Census Bureau’s American Community Survey, 24/7 Wall St. reviewed
the richest county in each state.</p>
Residents in the richest county in each state tended to earn more
than most Americans. While the income gap between the richest and
poorest counties was modest in some states, the gap was quite large
in a majority of states.<br>
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<p><strong>12. Blaine County, Idaho</strong><br>
<strong>> County median household income:</strong> $64,042<br>
<strong>> State median household income:</strong> $46,767<br>
<strong>> Pct. households in county making $200,000 or more:</strong>
5.5%<br>
<strong>> 2013 county unemployment rate</strong>: 5.6%</p>
<p>Residents in the vast majority of the wealthiest counties were
far more likely to have health insurance than most Americans.
However, more than 18% of Blaine County residents did not have
health insurance over the five years through 2013, one of the
worst rates nationwide. County residents were still far better off
than others in the state, as well as most Americans, however. Only
8.3% lived in poverty over that period, for example, much less
than the comparable national figure of 15.4%.<br>
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<p><strong>47. King County, Washington</strong><br>
<strong> > County median household income:</strong> $71,811<br>
<strong>> State median household income:</strong> $59,478<br>
<strong>> Pct. households in county making $200,000 or more:</strong>
9.1%<br>
<strong>> 2013 county unemployment rate:</strong> 5.2%</p>
<p>Relatively high incomes usually provide people with the means to
purchase homes and make other large investments. Yet, less than
60% of King County housing units were owned by their occupants.
Only a handful of states’ wealthiest counties had home ownership
rates lower than the comparable national rate of 64.9%. Many
county residents are likely employed or living in Seattle, which
makes up a large portion of the county. Higher paying jobs were
also likely available in the city.<br>
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<p>Ken<br>
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