Thursday, October 27, 2011

Portland Affluent Rankings

The Business Journals’ On Numbers blog this week is taking a week-long look at affluence, including data from the U.S. Census Bureau’s American Community Survey.

Oregon has just two communities with median household incomes above $100,000: Cedar Mill and Lake Oswego.

Cedar Mill placed 460th of all 14,214 communities with a median income of $109,340. Its per capita income, which reflects the average income per person, was $48,708.

Lake Oswego ranked No. 676 in median household income with $100,510 and had a per-capita income of $35,337.

The tiny Washington County community, located north of U.S. 26 but west of Portland’s city limits, ranks atop a pair of studies looking at affluence by geography.

The 2nd study looked at income concentration, Cedar Mill topped Oregon cities with nearly 32 percent of the population with income above $150,000, ranking 488th nationally.

But it still loses a teacher mid year, in its elementary school, due to needs at other schools.  Apparently, the taxes on such wealth are being spread around.  See, Occupy, there's nothing to protest about. 

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