Our newest Great Falls property is absolutely gorgeous. Listed at $3.69 million, this luxurious home boasts a whopping 14,000 square feet. You’ll definitely want to see the stunning photos of this incredible home, both inside and out. We’ve even captured some incredible shots using drone photography. If this home has captured your attention or if you have any questions, feel free to give me a call.
What do the five richest counties in the U.S. have in common? Before we answer that question, let’s add some context to it. According to U.S. News & World Report, the median household income for counties around the nation is $57,652. What constitutes a household? According to the Census Bureau, a household refers to a single housing unit and all of the people that live in it. For example, a studio apartment, one half of a duplex, and a mansion are all considered a single household. Family households have related residents, such as a husband, wife, and children. People who aren't related who live together, such as roommates or unmarried couples, also constitute a household. Also, the median household income refers to the income level earned by a given household where half of the homes in the area earn more and half earn less. It's used instead of the average or mean household income because it can give a more accurate picture of an area's actual economic status. Median household incomes are frequently used to determine housing affordability.
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Median household incomes are frequently used to determine housing affordability.
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Now, the one trait that all five richest counties in the U.S. have in common is...they’re all located around the DC area:
1. Loudoun County, Virginia: $129,588 2. Fairfax County, Virginia: $117,515 3. Howard County, Maryland: $115, 576 4. Falls Church City, Virginia: $114,795 5. Arlington County, Virginia: $112,138 As always, if you have any questions about this or any other real estate topic, don’t hesitate to reach out to me. I’d be happy to help you.
