The cities that manage to attract cutting-edge industries tend to also be those that concentrate the best-paid jobs in each era and, through tax collection, guarantee the best living conditions for their inhabitants. This virtuous circle It is desired by many, but achieved by few. Washington, and particularly the Seattle metropolitan area, is a clear example of this.
A recent study of Forbesbased on data from the United States Census Bureau, analyzed 642 cities and towns in Washington to compile a list of the 50 richest.
For the analysis, four variables were considered: the average household income, the total average household income, the median home value and the median property taxes paid.
Companies like Amazon and Starbucks are just some of the luxurious headquarters that are based in this state (Source: Archive)
Forbes made the list of the richest cities and towns. According to the publication, “Being home to large companies such as Starbucks, Amazon, Microsoft, Boeing, Expedia, Nordstrom and others in the technology sector makes it not surprising that Washington state is home to a substantial amount of wealth”, which has also grown significantly in the last 30 years with the explosion of the Internet.
In this landscape of cutting-edge businesses, high-paying jobs, high household incomes, expensive housing and high property taxes, Washington’s 10 richest towns rank in the Seattle metropolitan area, crystallizing the geographical correlation of the largest bank accounts in the State.
Likewise, as additional information, Forbes points out that Each of these places has a relatively low population densityIn fact, within the list of the 50 richest, the one with the largest population is Sammamish, with only 22,258 homes.
Hunts Point
Located in King County and part of the Seattle metropolitan area, this small enclave has 136 households with a total median income of $609,224, the highest in Washington. Management occupations represent 37.7% of the workforce, followed by computing and mathematics occupations at 13.9%. Properties in this area exceed US$7.36 million and pay an average of more than US$10,000 a year in property taxes.
Clyde Hill
Located south of Hunts Point, this town has 1,156 homes and a average income of US$483,738. Jobs in professional, scientific and technical services represent 25.7% of the workforce, followed by health care and social assistance (15.7%) and finance and insurance (9.43%). Homes have an average value of $4.1 million and property taxes exceed $10,000 a year.
Medina
Also east of Seattle and bordering Hunts Point and Clyde Hill, Medina has a average household income of US$439,677. 37% of the workforce works in professional, scientific and technical services; retail trade (10.9%) and finance and insurance (9.55%). The median home value is more than $4.5 million and property taxes exceed $10,000 a year.
The average home value in Medina is more than US$4.5 million (Source: Archive)THE NATIONAccording to the criteria of
