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DC cost of living 42 percent higher than national average
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6-7-2007 10:48 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2fabf48f-01a3-4311-9085-9f483ea132cc/83581811-8B6D-4137-B098-839A7B372947/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://dcist.com/index2.php" href="http://dcist.com/index2.php" style="font-size: 11px;">dcist.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://dcist.com/index2.php"><P><A href="http://washington.bizjournals.com/washington/stories/2007/06/04/daily28.html?jst=b_ln_hl">Washington Business Journal reports</A> on the Greater Washington Initiative annual report (you can <A href="http://www.greaterwashington.org/services/publications/request.asp">download the whole thing here</A> if you're willing to part with a little bit of personal information). Our region had the highest median household income in 2006 among metro areas, at $74,600, and nearly 46 percent of Greater Washington's residents 25 years or older have at least a bachelor's degree.</p> <BLOCKQUOTE><P>But the report also says Greater Washington's cost of living is 42 percent higher than the national average, and its current median housing price of $431,000 is the fifth-highest among U.S. metro regions.</p> <P>Looking ahead, Greater Washington's population is expected to grow to 6.5 million people by 2012, or an increase of 6 percent, the report says. The median household income is projected to jump to $86,980 by 2012, an increase of 16.5 percent from 2006</P></BLOCKQUOTE></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/83581811-8B6D-4137-B098-839A7B372947/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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