Buy Alexandria Real Estate: Isn't that Rich?: Northern Virginia Counties Top List of Richest in U.S.

Alexandria Virginia Real Estate Blog

Isn't that Rich?: Northern Virginia Counties Top List of Richest in U.S.

Start the next Microsoft and build a home like this -- Bill Gates' homeWhere's the wealth of the United States?  Silicon Valley?  Manhattan?  Bill Gate's backyard in Medina County, Washington?

 

 

Northern Virginia suburbs of D.C.How about the Northern Virginia suburbs of Washington D.C.! 

Forbes Magazine recently named the richest counties in the United States based on median income in the county

Northern Virginia had 6 counties place in the top 20, due in large part to the quantity and quality of high-paying jobs in the technology sector, government, government contracting, and legal fields.  High salaries and median income explain the boom in luxury priced property throughout the region.

 

FAIRFAX COUNTY

Ranked #1 in the country by median income pegged at $100,318.  Fairfax County has a population of over 1 million residents.  Fairfax County covers a large area and includes the following towns and municipalities:  Alexandria, Annandale, Burke, Centreville, Chantilly, Clifton, Fairfax, Fairfax Station, Falls Church, Great Falls, Herndon, Lorton, McLean, Oakton, Reston, Springfield, and Vienna. 

11% of available homes in Fairfax County are currently listed for over $1 Million.  In McLean & Great Falls, a whopping 67% of homes are priced at over $1 million, with an average price of $1.9 Million.  Click on the links to view some of the currently available homes.

LORTON 5 BEDROOM HOME    MCLEAN 5 BEDROOM HOME    5 BEDROOMS IN OAKTON    $2M+ GREAT FALLS

 

Dulles AirportLOUDOUN COUNTY

Just behind Fairfax County at #2 on Forbes list is Loudoun County with a median income of $99,371.  Loudoun County is further out from Washington, D.C., and its growth and income is driven by the presence of Dulles International Airport and a multitude of information technology companies that came to the area after AOL initially established its headquarters there.  Loudoun County includes the following areas: Ashburn, Dulles, Leesburg, Lovettsville, Potomac Falls, Purcellville, South Riding, and Sterling. 

About 200 homes in Loudoun County are currently on the market for over $1 Million.  Click to view a sampling of available homes.

STERLING 5 BEDROOM COLONIAL   

LEESBURG ON 11 ACRES                      6 BEDROOMS 6.5 BATHROOMS IN ASHBURN

 

The PentagonARLINGTON COUNTY

In the #9 position on the list with a median income of $87,350 is Arlington County, the closest-in suburb to Washington D.C.  Arlington lies just across the Potomac River from D.C. and is home to the Pentagon, the largest office building in the world.  Many Washington lawyers, lobbyists, and politicians call Arlington home.  Arlington County has no separate municipalities, but has several distinct areas, including: Rosslyn, Clarendon, Ballston, Crystal City, Shirlington. 

A full 13.4% of the homes for sale in Arlington are currently priced at over $ 1 Million.  Click links to see some million dollar plus homes in Arlington:

MILLION DOLLAR ARLINGTON CONDO   

LYON VILLAGE 5 BEDROOMS  

COUNTRY CLUB HILLS CUSTOM HOME       BONAIR 5 BEDROOM HOME

 

Quantico Marines Corps Base

 

STAFFORD COUNTY

Stafford County chimes in at #11 with a median income of $85,014.  Stafford County is situated about 45 miles south of Washington, D.C., halfway between the Nation's Capital and Richmond, the Capital of Virginia.  The major city in Stafford County is Fredericksburg, known for its rich history.  Quantico Marines Corps Base in the northern end of the County comprises over 30,000 acres. 

In the more affordable Stafford County, only 8 homes are currently priced at over $1 Million.  Check out some of these homes:

MAGNOLIA WOODS 7 BEDROOMS  

FREDERICKSBURG GEORGIAN ON 13 ACRES

 

 

PRINCE WILLIAM COUNTY

At #18 on the Forbes List, Prince William County boasts a median income of $80,783.  Prince William County includes the following areas:  Bristow, Dale City, Dumfries, Gainesville, Haymarket, Lake Ridge, Manassas, Woodbridge. 

76 Prince William County homes are listed for sale at $1 Million or more.  Click to view:

6 BEDROOMS IN GAINESVILLE         MANASSAS RIVERFRONT HOME          5 BEDROOM HAYMARKET HOME   

WOODBRIDGE HOME 6 BEDROOMS & ELEVATOR!

 

George Washington National Masonic Memorial in Alexandria

 

 

CITY OF ALEXANDRIA

Rounding out the list of Northern Virginia counties is Alexandria.  While technically it is an independent city, not a county, the statistics are tracked the same way.  At #19 on the list, Alexandria has a median income of $80,449.  Some of the popular areas of Alexandria include: Old Town Alexandria, Del Ray, Rosemont, Landmark, and Cameron Station. 

Over 8% of homes for sale are on the market for over $1 Million in Alexandria.  Wanna see?  You know the drill... just click the links.

CAMERON STATION SINGLE FAMILY HOME  

5 BEDROOM HOME IN DEL RAY   

COLONIAL TOWNHOUSE IN OLD TOWN ALEXANDRIA

HISTORIC OLD TOWN HOME 

 

 

CLICK HERE TO START YOUR SEARCH FOR HOMES IN NORTHERN VIRGINIA IN ANY PRICE RANGE   

 

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Comment balloon 14 commentsBrian Block • March 20 2008 09:10AM

Comments

Brian,

Your post made me think of politicians and how they've evolved from 'public servants' to 'wealthy demagogs'...we often hear about redistribution of wealth...which, if done through taxation I morally oppose...but a level playing field would be nice to enable the American Dream to work for other than the affluent! JMHO, Thanks,   Fran

Posted by Fran Gaspari, "The Title Man" - Title Insurance - PA & NJ (Patriot Land Transfer, Inc.) almost 10 years ago
Brian,  That is a wonderful report, but it indirectly points out that "regular folks" are finding it increasingly difficult to live here,  Karen
Posted by Karen Kruschka, - "My Experience Isn't Expensive - It's PRICELESS" (RE/MAX Executives) almost 10 years ago
Brian - As always, your research is impressive. You know how much I enjoy the DC area.
Posted by Tom Plant (WINEormous.com) almost 10 years ago
I definitely knew Fairfax and Loudoun would make that list, but very interesting to see the rest. Go NOVA!
Posted by Chelle Gassan, NOVA Realtor and Stager (RE/MAX Regency and Staged Homes VA) almost 10 years ago
The rest of us in the trailer parks down south salute you all up there.
Posted by Denise Allen, Realtor@ Chesapeake, Hampton Roads (Resh Realty Group) almost 10 years ago
Hi Brian,
I know Great Falls and McLean prices are outrageous!  I think I've told you before my brother lives in Great Falls and the prices there make it very difficult for young families. 
Posted by Cynthia Tilghman, Realtor® Onslow County NC Home Specialist (Kingsbridge Realty, Inc) almost 10 years ago
FRAN:  Thanks for your comments.  I don't know that I've got anything to add.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
KAREN:  Thanks for your comment.  You are right and I didn't want to make that impression.  You inspired an additional post with your comment.  Come take a look at: Good Buy for the "Regular Guy" -- Median Priced Homes in Northern Virginia
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
TOM:  Thanks for your kind comment.  I'm disappointed that you won't be making it here in May.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
CHELLE:  Northern Virginia is definitely a hotbed of good jobs and increasing wealth.  Thanks for your comment.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
DENISE:  LOL.  Thanks for your comment.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
CYNTHIA:  You have mentioned your brother before.  Great Falls and McLean are wonderful communities, but certainly not for the first time buyer.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago
Brian - that is indeed an expensive area to live in!!!
Posted by Barbara-Jo Roberts Berberi, MA, PSA, TRC - Greater Clearwater Florida Residential Real Estate Professional, Palm Harbor, Dunedin, Clearwater, Safety Harbor (Charles Rutenberg Realty) almost 10 years ago
BARBARA JO:  It can be expensive here in Northern Virginia, but there are many affordable options as well.
Posted by Brian Block, Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President) almost 10 years ago

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