Only ultra rich can afford Bay Area living

Longtime residents continue vacating the world’s tech capital. Who’s left over? Easy: the wealthy, as revealed by recent Census Bureau data, which identifies the SCC as the second richest U.S. county of 65,000+ residents. SCC’s median household income is $141,562 — as compared with $69,717 nationally. Is it a shock that, facing restrictive taxes and ordinances, only the mega pecunious can afford to stay in the Bay? This article originally appeared in CNSNews.

The Census Bureau this week released its data on the 2021 median household incomes for areas that have populations of 65,000 or more.

According to this data, taken from the bureau's American Community Survey, the five wealthiest counties in the United States were all situated near the nation's capital or the city by the bay.

Specifically, Loudoun County, Virginia, had the highest median household income ($153,506) of any county in the survey, and Santa Clara County, California, ($141,562) had the second highest.

Fairfax County, Virginia, ranked third with a median household income of $134,115; Howard County, Maryland, ranked fourth with a median household income of $133,267; and San Mateo County, California, ranked fifth with a median household income of $131,796.

But the trend did not stop there.

It turned out that 11 of the 20 richest counties, according to the Census Bureau's data, were located either near Washington, D.C., or near the Golden Gate.

This article originally appeared in CNSNews. Read the whole thing here.

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