Sunday, November 8, 2009
Region
Comment
Get Email Alerts!

Maryland richest state in U.S.

Published 08/27/08

Maryland tops the list of the wealthiest residents in the country, according to Census data released yesterday.

Advertisement

The median household income in the state sits at $68,080, a 1.6 percent increase from last year, based on surveys over the past 12 months.

But in Anne Arundel County, household incomes rise to a range well above that at $80,402. That's been gaining over the years with $79,160 median incomes in 2006 and $71,961 in 2005.

Joseph E. Cater, president of Market-Economics Inc. in Annapolis, attributed the increase in the county's income levels to the medical industry, which has seen expansion in Annapolis as well as Glen Burnie.

"We've seen about 6 percent growth in medical services," Dr. Cater said. "That, despite recession, they've been the primary sector that's been growing. I hate to say it, but that's a big contributing factor to this income growth we're seeing, and it sort of reverberates through the economy."

He said the Census figures are a middle estimate of incomes, and that many county residents make far less than $80,000 per year.

Despite having many wealthy residents, Anne Arundel County is not as rich as some others districts within the state. Three of the nation's 10 wealthiest counties are in Maryland. Howard County came in third with a median household income of $101,672. Calvert County ranked sixth and Montgomery County ranked 10th.

As incomes are rising, however, so is the poverty rate. Maryland's 8.3 percent poverty rate is lower than the national average, but it climbed from 7.8 percent a year earlier.

But in Anne Arundel County, poverty has declined over the past three years. In 2005, 3.6 percent of families in the county were below the poverty level, but in 2006, that number decreased to 2.7 percent and based on 2007 figures, has now dropped to 2.6 percent.

Unemployment in the state and the county is also on the rise, according to the Maryland's Department of Labor, Licensing and Regulation. New numbers show 4.6 percent of Marylanders are unemployed, and 4.2 percent of Anne Arundel County residents are jobless.

Those figures have risen over June rates, which show Maryland's unemployment has increased by .4 percent and Anne Arundel's by .2 percent.

In the nation, median household income climbed 1.3 percent in 2007 over the previous year, rising to $50,233. This makes for the third year in a row of annual increases.

Meanwhile, the nation's poverty is also growing. In 2007 it was 12.5 percent, a statistical plateau from the year before. According to Census figures, there were 37.3 million U.S. residents in poverty up from 36.5 million in 2006.

---

esauers@capitalgazette.com

YOUR COMMENTS

If you encounter other problems, please email ewiffin@capitalgazette.com and include your name, username, and any errors or messages that are displayed. The more information you can provide, the better able we will be to assist you.

In order to post or vote on a comment, you must be signed in with a hometownannapolis account.

Take a look at a summary of Commenting Guidelines.

LOGIN TO POST A COMMENT

If you encounter other problems, please email ewiffin@capitalgazette.com and include your name, username, and any errors or messages that are displayed. The more information you can provide, the better able we will be to assist you.

Username: Password:
Forgot your username? Forgot your password? Create an account
Nov 02 - Nov 17 - Holiday Citrus Sale
LOGIN
Facebook click
Twitter click
HometownGlenBurnie click
HometownBowie click
video
video
Home of the Week: Judi Fike
video
video
Cordle Campaign Party
video
video
Cohen Victory Speech
video
video
Navy Sports Chat, Football: Nov. 3
video
video
Silver Gloves Boxing Champion
video
video
Business Q&A: Rick Morgan

• BUY PHOTOS & VIDEO>>

SPECIAL: Two-for-one 8x10 photo reprints

slideshow
slideshow
St. Mary's tops Severn in football
slideshow
slideshow
Navy 23 - Notre Dame 21
slideshow
slideshow
Tug-of-War
slideshow
slideshow
USS New York
slideshow
slideshow
Home of the Week: Judi Fike
slideshow
slideshow
High School football
#1 - Mids shock Irish again
#2 - Suspect in assault top military wrestler
#3 - 6 injured in early-morning crashes
#4 - Pasadena man presumed to have drowned
#5 - Annapolis 'Bar Wars' continue
#6 - Mids adjust, but Irish don't
#7 - Arundel Digest
#8 - Man: Police forced him to delete photos
#9 - MRE claims victory in 'Slaughter Across the Water'
#10 - Old Mill football coach’s car destroyed
#1 - Anti-illegal-immigration group draws controversy (43 comments)
#2 - Severna Park forfeits county title (38 comments)
#3 - Man: Police forced him to delete photos (14 comments)
#4 - Suspect in assault top military wrestler (12 comments)
#5 - Couple departs Annapolis, continues on sailing adventure (9 comments)
HomesInAnnapolis.com

Annapolis

Edgewater
Advertise
Archive
Blogs
Calendar
Comments
Contact us
Cookbook
Slideshows
Video
AP Video
SUBMIT INFO:
Anniversary
Band info
Birth
Calendar event
Engagement
Letter
Obituary
Wedding