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24/7 Wall St.: Fastest Growing Cities in America

8. Washington, D.C.

Change in population: 2.7%
Population 7/11: 617,996
Population 4/10: 601,723
Average annual city unemployment (2011): 10.2%
Increase in jobs (2010 to 2011): 28,800 (1.2%)

The Washington, D.C., area added more than 16,000 people between April 2010 and July 2011. However, between 2010 and 2011, the region added 28,800 jobs, a 1.2% increase. As of 2010, it had the wealthiest major metropolitan region in the country, with a median annual household income of $84,523. More than half of households in the region earn at least $100,000 a year, the largest proportion in the country among large MSAs. While home prices fell in most major U.S. cities between the end of 2010 and the end of 2011, Washington’s declined just 0.7%, one of the smallest drops in the country during that time.
(AP Photo)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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