Seattle Bubble

News & discussion about real estate & the housing bubble in the Seattle area.

Seattle Bubble - News & discussion about real estate & the housing bubble in the Seattle area.

Forbes: Seattle 8th Richest City

By The Tim on November 7th, 2005 at 5:14 PM · 1 Comment

A reader sent in this link to a Forbes story about the “Richest” cities in the US. In Forbes’ list of the 10 “richest” Seattle comes in at #8. However, I’m a bit suspicious of their methods though, since they list the Median Income of Seattle as $46,650, when the latest figures I’ve seen for King County list the median income at $55,000. Additionally, #2 on their list is Anchorage, Alaska, so I’m taking this one with a big grain of salt. Of course, don’t forget that even if you take the “8th richest” to be true, the same magazine rates Seattle as the most over priced city in the country in spite of our “richness.”

(Forbes, 10.27.2005)

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