100 Wealthiest Towns and Cities in Maryland (Baltimore, Potomac: mortgage, credit, home equity)

[truthhurts]

Here's an easier to read break-down by county. What this is saying is very simple. It explains where the majority of people live who make a certain amount of money in the state.

100-150k
1. Montgomery County 26.0%
2. Prince Georges County 17.3%
3. Baltimore County 14.0%
4. Ann Arundel County 11.0%
5. Howard County 9.0%
6. Hartford County 4.0%
7. Carrol County 3.7%

150k-199k
1. Montgomery County 34.0%
2. Prince Georges County 12.0%
3. Baltimore County 11.0%
4. Ann Arudnel County 10%
5. Howard County 9.8%
6. Hartford County 3.2%
7. Carroll County 2.0%

200k +
1. Montgomery County 42%
2. Baltimore County 15%
3. Ann Arundel County 9.4%
4. Howard County 7.8%
5. Prince Georges County 6.0%
6. Hartford County 2.3%
7. Carrol County 1.4%

Total Numbers for all counties
100 to 200k+

1. Montgomery County 90,110 total families
2. Prince Georges County 41,655 total Families
3. Baltimore County 39,775 total Families
4. Ann Arundel County 33,816 total Families
5. Howard County 25,958 total Families
6. Hartford County 11,839 total Families
7. Carrol County 8,733 total Families

Really hard to argue against facts isn't it?

Well, here's the best part of all the data.

US Families that make over 100-200k

11,032,447

Maryland

292,787

Math

292,787/11,032,447 = 2.6%

Let me say this loud and clear of all the households in the United States of America that make between 100,000k to 200,000k plus 2.6% of those families reside in the state of Maryland. Thanks in large part to the following counties

1. Montgomery County, MD, which houses 30.7% of the Affluent Families in the state of MD
2. Prince Georges County, MD, which houses 14.7% of the Affluent Families in the state of MD
3. Baltimore County MD, which houses 13.8% of the Affluent Families in the state of MD

Combined all three account for more than half of the states affluent population 59.2%

*in total shock Baltimore County, MD has so many affluent people.

*next time bigots try to crap on PG you're now armed with the facts (note regardless I personally still do not like the county, but facts are facts)

Now we are all armed with State wide and county wide information let's discuss fairly.

Here's a link if you want it Quick Tables - American FactFinder

[truthhurts]

Okay Here's the last but most important list. What Percentage of households do the counties individually make up of the "Wealthiest Families" in the Country. Here's the answer

1. Montgomery County 0.82%
2. Prince Georges County 0.38%
3. Baltimore County 0.36%
4. Ann Arundel County 0.31%
5. Howard County 0.24%
6. Hartford County 0.11%
7. Carroll County 0.08%

What is really impressive is that Montgomery County makes up almost by itself 1% of the total affluent families in this country. Wow, that is truly amazing!

[Jaded]

Thnks for the list truthurts...it helps with my research on the area!

[Bob The Builder]

Originally Posted by truthhurts

I'm sorry Bob, but I seem to not notice where i put down my income, networth, or stock apprecaition? Nor, do I reside in the state of Maryland, so what am i comparing personally? What is sooo vulgar about my list vs one compiled by CNN, Forbes, or any other newsworthy source that compiles "Wealthiest" information for the public to view and discuss?

If you're looking to take a cheap shot at me on the basis of profound nothingness you could surely attempt a much better quip than this "Civil People" non-sense.

Now, if I said personally I had true wealth let's say 100 million plus and I decided to post on this forum to degrade others i'd agrew with you it would declasse and perhaps a bit vulgar, but this psudeo upper class facade you come on with is laughable and your attempt to name call others who are pointing out fact is plain foolishness. All I did was list facts in a 100 town and city list nothing more nothing less. Considering this list recieved thus far a high number of views i'd say that there are a lot of people equally as fascinated with these statics and facts as I am.

Again the problem comes down to wealth. If I did the same list of the 100 poorest places to live in the state of Maryland i'm sure people would have responded droves. Bob, i'm having a little trouble finding a point in your last comment. Did I somehow not post factual information? Why is a list of the Wealthiest cities in Maryland Vulgar to you? Any state you go to Mass, CT, NY, NJ and any other "wealthy" state already compiles a list similiar, so your point is moot.

Truth

No cheap shot intended. You were puzzled. I thought you wanted an answer as to why the silence.

I answered. Like I said in my post, you probably don't see what you did as tasteless. You didn't. When I answered quite honestly, you attack me and got defensive. But people are giving me reps for that post.

It is difficult to change one's behavior unless he listens to a little criticism once in a while.

I do goofy stuff all the time. People make mistakes. Some people don't take the time to correct me (us) and set me (us) straight. People who are used to making the same mistake might even egg us on. Like high school. It takes effort to listen and change.

PS. Just because it is in a magazine does not make it less vulgar either.

[truthhurts]

Originally Posted by Bob The Builder

Truth

No cheap shot intended. You were puzzled. I thought you wanted an answer as to why the silence.

I answered. Like I said in my post, you probably don't see what you did as tasteless. You didn't. When I answered quite honestly, you attack me and got defensive. But people are giving me reps for that post.

It is difficult to change one's behavior unless he listens to a little criticism once in a while.

I do goofy stuff all the time. People make mistakes. Some people don't take the time to correct me (us) and set me (us) straight. People who are used to making the same mistake might even egg us on. Like high school. It takes effort to listen and change.

PS. Just because it is in a magazine does not make it less vulgar either.

Bob, I find it funny, that when wealth is talked about and facts are put out on the table you become the moral compass for the board. Doesn't that strike you a bit odd? I been on this board for a few months and I've seen nothing, but racist, mis-informed, and cowardice behavior from 90% of the posters with regard to certain locations in Maryland. Well, how do you counteract lies and false information?

Exaclty, you present the facts laid out in plain and clear english. I frankly do not care if you get 100 positive responses, because you stated this was vulgar. Facts are facts and educated people tend to enjoy going through information and developing thoughts and attitudes as to why certain information exist. I happend to attend a top notch business school and enjoy social economics and why "certain people" with certain incomes tend to choose to live here or there, do you find my side hobby vulgar?

Is posting factual helpful information on a board somehow wrong when it runs couter to many peoples falsified beliefs (including your own)?

I have not once seen you jump into other boards and insult others lack of intelligence, blatant lies, and perverse use of non-factual information, so kudos to you for wanting to hide the truth and silence factual information. I'm glad you're a hero in the eyes of the poor, racist, unintelligent, status quo, hate mongers, that fill a lot of these boards. Okay superman, put your cap on and go check out another thread I think it contains more facts and truth. I'm sure the Dr. Evils of the board will be glad you've saved them from the truth!

PS Bob, the fact that the "Dr.Evils" of the board are commending you let's me know i'm doing something right . Thanks for the motivation to keep posting the truth even though it obviously is hurting a lot of people .

[truthhurts]

Originally Posted by fishfister

Truth,
I thank you for addressing my reply.
The one factor I still hinge on is the presence of the federal government. 70% may have employment in the private sector but, as a former sub-contractor that chased positions around the entire metro area, I know the sources of funding for those contracts. They all tied into projects funded by the feds which created the plethora of cottage industries that exist to support those contracts.
Most of the people I know have employment that ties back to federal funding in some manner. I am curious as to what those who receive $75K+ do for a living. I found too many people are Managers with far too few worker bees. The managers won't perform the duties of their underlings if put to it.
I whine and complain about PG county because I live here and have seen what is wrong. If you live here long enough and pay attention - prejudices aside - it falls into a pattern. I could not attempt to fix it because I would be considered racist while infuriating most whites as well. Unbeknownst to all, it is not about race. Parris Glendenning, white, wreaked more havoc on this county than I can recall. Most importantly, it is not a matter of further segregation of black and white though the politicians of the county and state succeed in doing so too well. I think it to be a redistribution of county awareness and services. Oh, the right county executive and council help as well. Glendenning did little in the way of attracting any of the large tech companies that built in NOVA. We all know we could have used the business on this side of the Potomac. How many PG county residents drive over there for employment?
Boasts of the wealthiest black county means little in the long run. As been pointed out, the division of wealth skews the demographics because there are too many in the county that don't fit into that slice of the chart. The slice containing the wealth is diluted when put back in place as pristine subdivisions of mcmansions are included with decades old subdivisions, townhouses, apartments, farms and houses up in the woods of this huge county. That rather large slice of the pie cuts the wealthier salary averages down to half.

Fish, Sorry, no comment needed I agreed 110% with everything you said in this post. Wow, this could be the start of something really cool. (us agreeing lol).

Here's an example of the two counties in the state with the biggest wealth disparities between the wealthy and the poor.

Wealthy Family Houesholds

United States Total
100-149k 6,936,210 total families 12.5% of US population
150-199k 1,983,673 total families 2.7% of US population
200,000+ 2,112,564 total families 2.9% of US population

Maryland State Wealthy Family Households Incomes

100-149k 179,790 total families 14.5% of state population
150-199k 60,552 total families 4.4% of state population
200,000+ 52,445 total families 3.8% of state population

Prince Georges County
100-149k 31,215 total families 17.3% of state population
150-199k 7,317 total families 12.0% of state population
200,000+ 3,123 total families 6.0% of state population

Baltimore County
100-149k 25,180 total families 14.0% state population
150-199k 6,746 total families 11.1% state population
200,000+ 7,869 total families 15.0% state population

VS

Poor/Working Class Households

United States Total
25-34k 8,684,429 total families 10.7% of US population
35-49k 12,377,108 total families 12.0.% of US population
50k-74k 16,130,100 total families 17.1% of US population

Maryland State Totals
25-34k 127,850 total families 9.3% of state population
35-49k 200,870 total families 14.7% of state population
50k-74k 316,596 total families 23.1% of state population

Prince Georges Conty
25-34k 19,684 total families 9.9% of county population
35-49k 30,079 total families 15.0.% of county population
50k-74k 48,599 total families 24.4% of county population

Baltimore County
25-34k 20,648 total families 10.3% of county population
35-49k 31,971 total families 16.0.% of county population
50k-74k 50,561 total families 25.3% of county population

Fish, here you can see exactly what you highlighted in the previous comment. The wealth disparity between the wealthy and the poor are huge in these two counties. Although the economics are the same the racial disparities differ. In Baltimore County the Affluent are predomintely white and the poor are predomintely black and a few whites. In Prince Georges the Affluent are predomintely black and the poor are predomintely black and a few whites.

The Counties Population Percentage for the Poor/Working Class

Prince Georges County
49.3% (mostly concentrated inside of the beltway)

Baltimore County
51.6% (mostly concentrated inside of the beltway)

State
47.1% (Prince Georges makes up 15% and Baltimore County makes up 16% for a combined total of 31% of the 47.1%)


While both counties have a disproportionate high number of Affluent families with incomes of 100k to 200k+ (relative to US and State averages) they also have a disproportionately high number of working class/poor families realtive to US and State Averages.

Fish, you're point is 100% verified with the statistics. Isn't it nice to verify things you may have thought, but now you know you're a 100% accurate and not talking out of the side of your mouth like a lot of posters. This is exactly what I previously complained about in reference to PG. There are two distinctly seperate stories operating in these two counties one part of the county rich and affluent the other working class and poor.

The rest of the counties in Maryland tended to be either uniformely middle class without a starke contrast betwen the rich and the poor or they were either one or the other (ie poor or rich.) Montgomery County being the Richest uniformly and most likely an Eastern Shore county being the poorest uniformely.

[TuborgP]

Whoa, wait a minute. I have had my share of disagreements with Truth. However the truth is that he was the OP and thus his posts are consistant with his first. Second he is correct this is an intellectual exercise and we certainly need more of that in this society. What is there to object to? This is a finance topic related to the state of Maryland? Go to the Retirement forum and you will see lots of talk about money.
How much money do you plan to retire on?
Go to the Finance Forum ditto.http://www.city-data.com/forum/busin...americans.html Every where you turn in this state there are threads and discussions about race. Even in this forum.When the topic is crime do you object to data? When the topic is poverty do you object to the pursuit of intelligence? Are you getting rep points from people who have a limited ability to interpret the data and the are feeling impotent? I don't know but I have a better suggestion! Don't read this thread. Truth keep posting and if a moderator can explain with a straight face what you are doing wrong then consider slowing down. Now if anyone give me negative rep points for being supportive of someone then Truth be told. Maryland is doing it's part in helping to stave off http://www.city-data.com/forum/busin...-set-pass.html.
Congrats to the listed Maryland communities and their affluent citizens for helping to keep America moving forward in our global economy.
Peace and have a prosperous Sunday, life and retirement to all. The streets of your senior years are paved with the wealth you create today. Truth I am sure your business school professors are proud of you and I can see now why you have such a keen sense of data application and interpretation.

[fishfister]

To tell the truth,
What does a litany of income figures have to do with the state of affairs in PG county? Millionaires live knee deep in sewer effuse and it still reeks of fecal matter. That's the problem we face here. Will any own up to it?
Posting salary figures that represent wealthy citizens will not change PG county one iota. It seems as if this is aimed at a racial issue - if one looks at it intelligently, it isn't. The county is majority black, therefore the black population has the upper hand, especially if the majority of them are wealthy as is always pointed out. Are the wealthy only such when inside the safety of their own homes? They seemingly drive past ruination in $70K cars with a blind eye and then lavish at home in front of big screen tvs with surround sound systems.
I don't know - someone tell me.

I have found people with cash tend to be a bit more responsible than those that don't. It makes life easy knowing that your neighbors want to pay $500K+ to live in your neighborhood regardless of race.

I want to know what happened to the PG county of just 20 years ago. I don't mean black versus white, I am talking about commerce - where we spend our dollars for goods and services and lack of customer service.
This is always blown off as a racial issue. Those that continue to see it as such are part of the problem rather than the solution.
Think people and not color.

[truthhurts]

Education and Wealth. Here's an interesting correlation. If I had to describe the characteristics of what makes a county super wealthy here are the three most likely reasons.

1. Education (post graduate higher than state and nation average)
2. Age (median age higher than state or national average)
3. Income (the first two dictate the third)

*4. Married/Marriage

Explanation and Examples.

The more highly educated the work force the better job they can obtain. The closer the populations age to peak earnings years the higher their overall wages will be. Most high income areas consist of high education attainment, which leads to better higher paying jobs and as the work force age increases they come closer to reaching their peak earnings around 35-50 years of age. The fourth characteristics would be marriage i.e dual incomes obviously lead to higher family earnings. Please note the correlation between the counties with incomes 200+ or greater and the percentage that have post graduate degrees. Is it any coincidence that 42% of the Maryland population that earns greater than 200k dollars resides in Montgomery county. Notice that 34% of the Maryland population that has a post graduate degree also resides in Montgomery County. There is no denying education and high incomes (wealth) have a stricking correlation. What really makes a state wealthy inc omparison to other states.

1. Education
2. Marriage
3. Age

All Lead to
4. Higher Incomes

200k +
1. Montgomery County 42%
2. Baltimore County 15%
3. Ann Arundel County 9.4%
4. Howard County 7.8%
5. Prince Georges County 6.0%
6. Hartford County 2.3%
7. Carrol County 1.4%

Education Attainment Level College Graduate Percentage

US
Bachelor's Degree 28,317,792 15.5% of US population
Graduate or professional Degree 16,144,813 8.9% of US population
Total 44,462,605 24.4% of US population

Maryland
Bachelor's Degree 629,304 18.0% of of state population
Graduate or professional Degree 470,056 13.4% of state population
Total 1,099,360 31.4% of state population

Bachelor's Degrees
1. Howard County 29.5%
2. Montgomery County 27.0%
3. Ann Arundel County 19.1%
4. Baltimore County 18.1%
5. Hartford County 17.9%
6. Prince Georges's County 16.9%
7. Carroll County 16.0%

Total Bachlors Degrees 629,304
1. Montgomery County 160,074 25% of states population
2. Baltimore County 92,487 14% of states population
3. Prince George's County 85,325 13% of states population
4. Ann Arundel Count 62,371 9% of states population
5. Howard County 48,210 7% of states population
6. Hartford County 25,564 4% of states population
7. Carroll County 15,786 2% of states population

Advanced Degrees (Graduate or Professional)
1.Montgomery County 27.5%
2.Howard County 23.4%
3.Baltimore County 12.5%
4.Ann Arundel County 11.5%
5. Prince Georges's County 10.2%
6. Hartford County 9.4%
7. Carroll County 8.8%

Total Number of Families with Advance Degrees 470,056
1.Montgomery County 163,326 34% of states population
2.Baltimore County 63,864 13% of states population
3.Prince Georges's 51,463 10% of states population
4.Howard County 38,227 8% of states population
5.Ann Arundel County 37,707 8% of states population
6.Hartford County 13,492 3% of states population
7.Carroll County 8,697 2% of states population

Total Bachlors + Advance
1.Montgomery County 54.6%
2.Howard County 52.9%
t3.Ann Arudnel County 30.6%
t3.Baltimore Conty 30.6%
4. Hartford County 27.3%
5. Prince Georges's County 27.2%
6. Carroll County 24.8%

Total Families with Bachlors and Advance Degrees 1,099,360
1. Montgomery County 323,400 29% of states population
2. Baltimore County 156,351 14% of states population
3. Prince Georges's County 136,788 12% of states population
4. Ann Arundel County 100,078 9% of states population
5. Howard County 86,437 7% of states population
6. Hartford County 39,056 3% of states population
7. Caroll County 24,483 2% of states population

[mom2boys37]

Um truth, it's Harford County not Hartford County