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One thing I would ask is why is this surprising. Wake probably has the highest concentration of the highest wage jobs in the state.
It makes sense. The person who got so triggered that they threw a hissy fit and posted random stats to suggest it was "misleading" or whatever....has deleted most of his posts because he realized how silly the "argument" was.
Incorrect but what you can do is go to census quick facts and look up the latest data from Mecklenburg and Wake county on total number of payroll positions for each county and the total payroll. Then you can divide total payroll by the total number of positions for each county and compare those numbers and then we can have a conversation
Or....the average household income, which is what the topic at hand here is, can be taken at face value as it simply is what it is?
You can believe that Charlotte and Mecklenburg County is vastly superior to Raleigh and Wake County all you'd like for whatever personal reasons or preferences. But getting upset because of particular statistics not necessarily supporting your perceived superiority complex...and trying to cherry-pick/bend the numbers to "disprove" the pretty-straightforward statistic...... is silly.
I'm not surprised Wake is the highest median income county in the state, but I am surprised that it is only ~$83,000. Hard to imagine half of households are getting by on less than that comfortably in Wake, let alone the lower median income in so many of the other counties in North Carolina... I think many households are rather financially constrained / stressed across North Carolina as our cost of living increases, but our wages remain below average.
North Carolina's billionaire ranking also punches below our population weight of #9, ranking #27 for billionaires and having less than smaller states like Utah, Missouri, Nevada, Wisconsin, et...
I'm not surprised Wake is the highest median income county in the state, but I am surprised that it is only ~$83,000. Hard to imagine half of households are getting by on less than that comfortably in Wake, let alone the lower median income in so many of the other counties in North Carolina... I think many households are rather financially constrained / stressed across North Carolina as our cost of living increases, but our wages remain below average.
North Carolina's billionaire ranking also punches below our population weight of #9, ranking #27 for billionaires and having less than smaller states like Utah, Missouri, Nevada, Wisconsin, et...
Personally; I think the amount of Billionaires in any particular area is kind of a useless metric when considering the overall economic health/wellbeing of said area. A strong middle class with high purchasing power is far more important IMO.
Lower GINI coefficient > higher number of billionaires all day long when looking for "impressive" economic data.
NC as a whole doesn't do so well in that metric ranking (15th out of 50 from highest GINI to lowest) ; but I would imagine if you were to break it down to counties/metro areas....Wake/The Triangle would be considered quite healthy compared to the national average.
Last edited by TarHeelNick; 02-14-2023 at 12:32 PM..
I'm not surprised Wake is the highest median income county in the state, but I am surprised that it is only ~$83,000. Hard to imagine half of households are getting by on less than that comfortably in Wake, let alone the lower median income in so many of the other counties in North Carolina... I think many households are rather financially constrained / stressed across North Carolina as our cost of living increases, but our wages remain below average.
North Carolina's billionaire ranking also punches below our population weight of #9, ranking #27 for billionaires and having less than smaller states like Utah, Missouri, Nevada, Wisconsin, et...
But that's everywhere.
I recently took a government position in Buncombe County/Asheville. The pay with the government, at least in IT at the individual contributor level, is better than the private sector at the same job grade vs. where I am from in east TN. It's been refreshing.
I was a senior level contributor in the private sector - now associate - but my stress level is lower. The pay isn't bad for the grade, and the benefits are incredible.
They will need that income for a continued overpriced, or hottest whatever that means, housing market with Raleigh and Durham ranking #1 and #3 in the country:
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