Four Maryland Counties Named Richest in the Country

Four Maryland Counties were named the richest in the country according to a recent Newseek Report.

Below is the top-ten list based on Median Household Income: 

Coming Soon: A redesigned White Flint neighborhood in Montgomery County

Residents, businesses and local leaders have been presented with an unprecedented opportunity to create a new neighborhood for White Flint– transforming the current hodge-podge of traffic, parking lots and urban sprawl – into a new “Smart Growth” hometown that is less dependent on automobiles and more oriented towards walking, biking and mass transit.

The new White Flint can become a place where the community comes together, friends meet on walkable streets, bicyclists traverse new trails to work and play, and families enjoy vastly improved park space in safe, more environmentally friendly neighborhoods, where development is concentrated along the new Pike and away from existing homes. Think shops, outdoor cafes, bistros, and galleries along wide tree-lined sidewalks.  Envision a new White Flint that is connected, convenient, vibrant, accessible, and sustainable!

Your help, input and questions are an integral part of the planning process and the key to making the new White Flint a model smart growth success. The White Flint Partnership is working hard with citizens, neighborhood groups and our elected and appointed officials to transform the White Flint area into an accessible, engaging and vibrant community in Montgomery County Maryland.

Please stay in touch with the White Flint Partnership and take a moment to spread the word to friends and family in the area. For more information visit http://www.whiteflintpartnership.com

Montgomery County MD Named one of 10 Best Places to Retire

With the economy in turmoil and lifestyle preferences changing, traditional retirement counties aren’t looking as attractive as they used to. With this in mind, Forbes magazine set out to identify the Best Places to Grow Old.

The magazine mined data from the U.S. Census Bureau to determine where people older than 65 live now. It examined housing costs, employment opportunities, and the availability of hospitals and eldercare facilities, among other things.

Of counties with populations greater than 500,000, here are Forbes’ top picks of places in which to grow old gracefully:

• Montgomery County, Pa.
• Nassau County, N.Y.
• Pima County, Ariz.
• Palm Beach County, Fla.
• Honolulu County, Hawaii
• Brevard County, Fla.
• Montgomery County, Md.
• Ocean County, N.J.
• Westchester County, N.Y.
• Lancaster County, Pa.

Search for Montgomery County Real Estate

Source: Forbes, Lauren Sherman (05/18/2009)

Five Cities in Montgomery County Rank Among “America’s Top 25 Towns to Live Well”

Forbes Magazine evaluated towns on quality of life, business environment and labor force

#8 – Rockville, MD

Population: 54,274

Location: Another northeast Washington, D.C., suburb, Rockville is 25 miles from Capitol Hill.

Median income: $88,759

Strongest categories: Its per capita venture capital investment of $3,130 is the highest of any town outside California, which isn’t surprising when you consider that the 0.0018 patents per capita ranking places it firmly in the top five by that measure.

#13 – North Potomac, MD

Population: 29,909

Location: A northwest D.C., suburb, North Potomac is slightly farther out than more familiar suburbs like

Chevy Chase and Bethesda.

Median income: $142,455

Strongest categories: North Potomac differs from Potomac because it has a slightly higher share of people with a bachelor’s degree or higher and of BLS-defined highly skilled workers, which represent 70% of the labor pool.

#17 – Germantown, MD

Population: 61,606

Location: A northwest suburb of Washington, D.C.

Median income: $78,164

Strongest categories:Germantown performs very well in our venture capital ranking, hauling in $2,110 per person. Its bucolic nature does well to attract highly skilled professionals, including those from other countries (who make up 10% of the labor force).

#20 – Silver Spring, MD

Population: 77,805

Location: An immediate D.C., suburb, Silver Spring is the last stop on the D.C., red subway line.

Median income: $63,329

Strongest categories:BLS-defined highly skilled workers with backgrounds in technology, mathematics or engineering make up 23% of the labor force, and they often filter through well performing start-ups, which garnish $2,712 venture capital dollars per capita, one of the highest rates on our list.

#23 – Potomac, MD

Population: 45,993

Location: A northwest D.C., suburb, Potomac is slightly farther out than more familiar ‘burbs like Chevy Chase and Bethesda.

Median income: $170,029

Strongest categories: Potomac’s got a highly educated, albeit older, workforce: 67% of those in the labor pool qualify as white collar, professional workers based on the Bureau of Labor Statistics definitions. This places them in the top 10 by that measure.

To evaluate each town – defined as every city, town, borough or Census-designated-place under 100,000 people – Forbes  looked at the following factors:  median income; average commute; distance to highways and airports; per capita venture capital funding; per capita number of small businesses; sole-proprietorships and start-ups; the percentage of the population with bachelor’s degrees or higher; the share of BLS-defined professional-level workers; the percentage of young and educated people, or those ages 25-34 with a bachelor’s degree or higher; the percentage of foreign-born residents with a bachelor’s degree or higher; and the number of restaurants, bars, museums and cultural institutions per capita. Data was provided by ZoomProspector.com, a San Francisco-based consulting firm specializing in corporate relocation.

To read the article in its entirety, visit click here.

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