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Old 11-26-2012, 04:37 PM
 
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The U.S. Bureau of Economic Analysis reported Monday morning that the Bridgeport Stamford metropolitan region had the highest per capita income in the United States in 2011. Connecticut’s major metro regions all had higher per capita income than the nation.
Residents of of Fairfield County earned a combined $72.6 billion in 2011, which translates into $78,504 per person in the region. Midland, Texas was second with $65,173. Hartford ranked 12th for per-capita income with $53,081 and New Haven was 18 with $48,978.

Can't say I'm surprised about FFC. I am surprised that Hartford ranked so high though.

Bridgeport-Stamford region ranks first in per-capita income - Financial Mines - Connecticut News
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Old 11-26-2012, 06:34 PM
 
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I saw this earlier. I have to say that I was surprised that FFC is number one. Top 10? Easy. But the highest in the nation? Wow. Guess that's why it seems like a dollar doesn't go very far around here.
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Old 11-26-2012, 06:38 PM
 
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Originally Posted by Appias View Post
I saw this earlier. I have to say that I was surprised that FFC is number one. Top 10? Easy. But the highest in the nation? Wow. Guess that's why it seems like a dollar doesn't go very far around here.
Very true. Though I think the Bridgeport-MSA excludes the Danbury area and includes the Valley and Milford of western NH County.
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Old 11-27-2012, 06:50 AM
 
Location: Connecticut
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Originally Posted by kidyankee764 View Post
The U.S. Bureau of Economic Analysis reported Monday morning that the Bridgeport Stamford metropolitan region had the highest per capita income in the United States in 2011. Connecticut’s major metro regions all had higher per capita income than the nation.
Residents of of Fairfield County earned a combined $72.6 billion in 2011, which translates into $78,504 per person in the region. Midland, Texas was second with $65,173. Hartford ranked 12th for per-capita income with $53,081 and New Haven was 18 with $48,978.

Can't say I'm surprised about FFC. I am surprised that Hartford ranked so high though.

Bridgeport-Stamford region ranks first in per-capita income - Financial Mines - Connecticut News
People do not realize just how wealthy Hartford and New Haven really are because they are still very quiet about their wealth. If you look at the businesses and industry that makes up their economies you will realize just how money driven these cities are. Jay
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Old 11-27-2012, 08:40 AM
 
Location: Somewhere on the Moon.
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Considering that this is one of the wealthiest states in one of the wealthiest countries on earth, and Fairfield County is the wealthiest county in our state, and now the Bridgeport-Stamford MSA is the wealthiest MSA of the county, state, region, and nation; I do wonder how we fare internationally.
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Old 11-27-2012, 08:52 AM
 
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Originally Posted by Antonio84 View Post
Considering that this is one of the wealthiest states in one of the wealthiest countries on earth, and Fairfield County is the wealthiest county in our state, and now the Bridgeport-Stamford MSA is the wealthiest MSA of the county, state, region, and nation; I do wonder how we fare internationally.
Fairfield County ranks 6 nationally, but is knocked down to 3rd when you don't include counties like Nantucket, MA (which is pretty much just a town) and Pitkin County, CO (which has half the population of the town of Westport).

It's interesting though - if CT didn't have Bridgeport, imagine how off the charts the MSA would be?
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Old 11-27-2012, 09:53 AM
 
Location: Connecticut
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Originally Posted by Appias View Post
I saw this earlier. I have to say that I was surprised that FFC is number one. Top 10? Easy. But the highest in the nation? Wow. Guess that's why it seems like a dollar doesn't go very far around here.
I was surprised, too. Even more surprising? The fact that wealthy residents are moving here from other states and find this state to be a bargain.
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Old 11-27-2012, 01:25 PM
 
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Here's how Connecticut fares internationally in terms of wealth and human capital.

As a State, we rank at the very top of the charts, somewhere between Norway and Sweden.

Human development: Nation states | The Economist

Of course, this is partially based on GDP which is not evenly distributed. If you looked at the lower quartiles, rather than per capita, Connecticut (and all other US states) would be quite a bit farther down the list internationally. That is the main reason why, despite the fact the US is at the top of the charts on wealth, it ranks surprisingly poorly internationally on many measures of health and education.
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Old 11-27-2012, 03:48 PM
 
Location: New London County, CT
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Originally Posted by anon860 View Post
That is the main reason why, despite the fact the US is at the top of the charts on wealth, it ranks surprisingly poorly internationally on many measures of health and education.
I'm not that surprised.
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Old 11-27-2012, 04:18 PM
 
Location: Southwestern Connecticut
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Originally Posted by MikefromCT View Post
I was surprised, too. Even more surprising? The fact that wealthy residents are moving here from other states and find this state to be a bargain.
Any sources to prove this? I believe you and hear it myself, especially from former Westchester County NY residents. But would be interested in reading up on any studies and digging deeper into the numbers.


Focusing more on the middle class and upper middle class in FFC, I wonder where the number really is. Take out the people who inflate the number such as any billionaires. Any way we can look at the income per age group and average salary for people who work in particular industries?
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