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There's plenty of accounting jobs in Indianapolis not just corporate tax accounting. Just heard another advertisement on the radio recently about hiring accountants now across the city.
I am not qualified to do anything other than corporate tax accounting jobs. I can't do general accounting jobs. It's a whole different career path, and I'd have to start completely from the bottom again, and take a HUGE pay cut to do so.
Richmond's metro isn't wealthier than Indy. The region has natural beauty and a storybook history but economically it is a tier below. Northern Virginia and Hampton Roads are the economic engines in the state not Richmond. Case in point ... Richmond expects Northern Virginia and Hampton Roads to build their own roads and bridges without state funding.
Two different things. The state expects Hampton Roads and NoVA to pay for a "portion" of their own road funding based on their populations, not their economies. If a VDOT Planning District meets certain population, motor vehicle registration, and transit ridership criteria, it gets to create a fund specifically for its own roads through new revenue. Arguably the law was tailored so that right now only NoVA and Hampton Roads qualify, but Richmond was envisaged too. And it would not be fair to have folks in Roanoke to pay for miles and miles of miles of new "hot" lanes and high intensity lighting on I-95 in Northern VA that they'll never need to use.
"Wealthy" can mean a lot of things. If we're talking about incomes, for example, it looks like this:
Washington–Baltimore, District of Columbia–Maryland–Virginia–West Virginia CMSA - $57,291
Richmond–Petersburg, Virginia MSA - $46,800
Indianapolis, Indiana MSA - $45,548
Norfolk–Virginia Beach–Newport News, Virginia–North Carolina MSA - $42,448 Source: US Census Bureau
Median income is typically what people look at for the "feel" of a metro area's wealth because it's a better indicator. Population, concentration of service vs manufacturing base, and other factors can impact an area's GDP without directly impacting the wealth of the people.
DC/NoVa is both high income and high GDP for obvious reasons is oodles above the others, but Richmond holds its own pretty well, especially in median income. And for its size, with six F500 headquarters topping Indy and Hampton Road's three each, it packs a punch and is also extremely affordable. Richmonders have a lot to be happy about.
Two different things. The state expects Hampton Roads and NoVA to pay for a "portion" of their own road funding based on their populations, not their economies. If a VDOT Planning District meets certain population, motor vehicle registration, and transit ridership criteria, it gets to create a fund specifically for its own roads through new revenue. Arguably the law was tailored so that right now only NoVA and Hampton Roads qualify, but Richmond was envisaged too. And it would not be fair to have folks in Roanoke to pay for miles and miles of miles of new "hot" lanes and high intensity lighting on I-95 in Northern VA that they'll never need to use.
"Wealthy" can mean a lot of things. If we're talking about incomes, for example, it looks like this:
Washington–Baltimore, District of Columbia–Maryland–Virginia–West Virginia CMSA - $57,291
Richmond–Petersburg, Virginia MSA - $46,800
Indianapolis, Indiana MSA - $45,548
Norfolk–Virginia Beach–Newport News, Virginia–North Carolina MSA - $42,448 Source: US Census Bureau
Median income is typically what people look at for the "feel" of a metro area's wealth because it's a better indicator. Population, concentration of service vs manufacturing base, and other factors can impact an area's GDP without directly impacting the wealth of the people.
DC/NoVa is both high income and high GDP for obvious reasons is oodles above the others, but Richmond holds its own pretty well, especially in median income. And for its size, with six F500 headquarters topping Indy and Hampton Road's three each, it packs a punch and is also extremely affordable. Richmonders have a lot to be happy about.
Why did you use CMSA for a Northern VA when Northern VA doesn't have any economical ties to Baltimore? Also, you used CMSA for DC-NoVa but MSA for the others? Doesn't make any sense what so ever. The only reason I can come up with is because if you only specfically did DC MSA the median house hold income would come out more than 50k. Adding Baltimore into the equation brings down the house hold income. So you're trying to close the gap between the DC area and Richmond but guess what? You go caught. Not so slick.
I voted for Richmond in this thread, Indy can't match Richmond's natural beauty and scenic historical rustic feel. Indy is more flat and barren while Richmond has rolling hills and the james river. Theres also more outside activities to do and an amazing food and art scene in the city. The housing is very affordable and there's also a younger crowd because of a college presence in the city and suburbs.
Why did you use CMSA for a Northern VA when Northern VA doesn't have any economical ties to Baltimore? Also, you used CMSA for DC-NoVa but MSA for the others? Doesn't make any sense what so ever. The only reason I can come up with is because if you only specfically did DC MSA the median house hold income would come out more than 50k. Adding Baltimore into the equation brings down the house hold income. So you're trying to close the gap between the DC area and Richmond but guess what? You go caught. Not so slick.
You have to compare MSA to MSA doesn't make sense to compare MSA to CMSA. Gives a false purpose.
Fair, but it was just included for cursory comparison since the regions had been mentioned and that's how the data was presented. The thread is really about Indy and Richmond, are the numbers there are the numbers for their MSAs - which shows they are pretty similar, but RVA does edge out a little higher.
[quote=aquest1;37735153]Two different things. The state expects Hampton Roads and NoVA to pay for a "portion" of their own road funding based on their populations, not their economies. If a VDOT Planning District meets certain population, motor vehicle registration, and transit ridership criteria, it gets to create a fund specifically for its own roads through new revenue. Arguably the law was tailored so that right now only NoVA and Hampton Roads qualify, but Richmond was envisaged too. And it would not be fair to have folks in Roanoke to pay for miles and miles of miles of new "hot" lanes and high intensity lighting on I-95 in Northern VA that they'll never need to use.quote]
Who do you think pays for the roads that Roanoke and the hundreds of miles of roads in the rural parts of the state that NoVA and Hampton Roads don't use? HB2313 replaced the state's flat 17.5-cent-per gallon gasoline tax with a percentage tax at the wholesale level, raise the general sales tax and increases in the general sales tax from 5 to 6 percent and the titling tax on car purchases from 3 to 4.3 percent. Owners of hybrids and other alternative-fuel vehicles would pay a new $100 annual registration fee. These were basically regional taxes for NoVa and Hamptons. This is in addition to the tolls on road construction that have already been paid for like the Hampton Roads downtown and midtown tunnels.
It is beginning to look as if the HB2313 wasn't such a great idea because the Virginia House gambled on being able to raise addition revenues from the Marketplace Fairness Act which has yet to pass the United States Congress. Virginia lawmakers were counting on an estimated $978 million in projected revenue from the MFC. Looks like gas taxes at the pump are about to increase which will place and additional financial burden on NoVa and Hampton Roads.
Cost of living to income ratio is what you need to factor in. Since you bring up DC a million dollars will buy you more for your money in Indy than either DC or Richmond. The over all cost of living index is lower in Indy than Richmond. There is really nothing in Richmond that I can't get in Indy as there isn't anything in DC I can't get in Chicago. A more vibrant urban downtown core in Indy is what is more important to me. Since you want to factor in another larger metro in another part of the state to include DC than I could also counter your point to claim that NW IN residents has Chicago as an option where your money will go further. I think Chicago is a far better city than DC but that's my opinion. However, since this is about Richmond and Indy my money will go further in the Circle City anyway. Income is only part of the equation. You have to factor in the cost. Highest income means nothing. It's what's left over and how much more you can get for your money.
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