MSNBC: Top wealthiest counties in the nation (no surprises)

[Initech]

Here is the list:

Rank County Millionaire households % of state's millionaire households
1 Los Angeles County, CA 262,800 23%
2 Cook County, IL 167,873 41%
3 Orange County, CA 113,299 10%
4 Maricopa County, AZ 106,210 62%
5 San Diego County, CA 100,030 9%
6 Harris County, TX 96,593 17%
7 Nassau County, NY 78,816 13%
8 Santa Clara County, CA 75,371 7%
9 Palm Beach County, FL 69,871 12%
10 Middlesex County, MA 67,552 28%

http://moneycentral.msn.com/content/invest/extra/P148783.asp

[mitchtv]

1. four of 10 in CA

Marin County, where did you go wrong?

[enid602]

3. figure

No, I think it means that 40% of CALIFORNIA'S millionaires reside in LA, Orange or Sta Clara counties.

[Crazy Guggenheim]

20. Marin has the 2nd highest average income in the nation. That was

a couple of years ago anyways.

:popcorn:

[mitchtv]

2. double delete

[4 t 4]

4. Cook County IL ?

I live in cook county and I am poor poor poor poor but I wonder if it has anything to do with the fact that the Chicago Mercantile Exchange AND the Chicago Board Of Trade have gone public and all the members have become Millionaire's

[unblock]

6. this is why it's silly to break it out by county.

cook county includes some very rich areas as well as some very poor areas.
but they're just counting the number of millionaire households, not the percentage of millionaire households per capita or the total wealth per capita, etc.

if alabama decided to all be one county, they'd probably top the list. how meaningless is that?

[TheUnspeakable]

7. stop obsessing about them !!!!

hehehe Hi Edge, how's it hangin'?you make me wanna:puke:
but I :loveya: you anyway!!

[unblock]

5. this is an odd measure of "wealthiest'

NUMBER of of millionaire households in the county.

so the sheer size of the county is a big factor.
los angeles county is ginormous, and while 262,800 is an awful lot of millionaires, l.a. county contains many more people below the poverty line as well.

also it just counts number of millionaires, so a multi-billionaire counts just the same as a considerably more modest household that just happens to have had their house appreciate a lot in the last few years.

in fact, breaking it down by county, as opposed to city or metro region, seems a bit silly to begin with.

[4 t 4]

8. Jenna

Hows your liver??

[TheUnspeakable]

11. splotchy !!!

[Gabi Hayes]

9. name a stupider frickin way to analyze data

fox news poll?

[Minnesota_Lib]

10. Hmmm...7 of the 10 are in "blue states." ; )

[cali]

12. This is a whacky way of measuring

In reality the wealthiest counties are those with the highest per capita income.

[Fenris]

13. That's an absurd way to measure "wealth."

Absolutely ridiculous.

[Initech]

14. Really. Who does MSNBC hire to do their stats?

[unblock]

16. unfortunately, someone more interested in generating hits and selling ads

than someone interested in giving people actual facts or useful analysis.

i'm sure they don't care to field questions like "what does 'per capita' mean?" not much profit for g.e. in answering questions.

[unblock]

15. i'll bet l.a. county is ALSO the "poorest" county in america

if we simply count the number of households below the poverty line as our silly definition of "poorest".

[0007]

17. Costilla County, Colorado is one of the poorest

and one of most beautiful. I doubt if they have one millionaire.

[unblock]

18. my point was that their way of measuring "wealthiest" is silly

l.a. county surely has more households below the poverty line than costilla county does, simply because l.a. county has so many more total households.

[0007]

19. I agree.

[Initech]

22. Yeah, it depends on what part of LA county they're talking about.

If they're talking about the costal areas, then fine. If they're talking about Compton or Watts... :yoiks:

[Crazy Guggenheim]

21. They are ranking that in terms of number of millionares. Not average

income.

:popcorn: