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24/7 Wall St.: America's Richest and Poorest Cities

America's Richest Cities

1. Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va.

Median household income: $86,680

Population: 5,703,948 (7th highest)

Unemployment rate: 5.8% (29th lowest)

Pct. households below poverty line: 8.3% (5th lowest)

The Washington area is filled with tens of thousands of highly-skilled professionals in a host of different industries, from consulting to law to defense contracting. In fact, the Brookings Institute dubbed the area the most educated in the country because 46.8% of adult residents in 2010 had at least a college degree. The median home value in the area was more than double the national figure of $173,600, while 4.5% of homes were worth over $1 million, compared to 2% nationally. The median rent of $1,391 in Washington D.C. was higher than all but the San Jose and Honolulu metropolitan areas.

(iStock 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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