How is Maryland the richest state?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Eastern shore is not poor

PG was the wealthiest majority black community in the US until Charles county surpassed them so now we have the top 2.

Moco is not on a decline.

Howard and Frederick are wealthy.

Are you new here.

Aside from Talbot County and parts of Ocean City, the Eastern Shore is quite poor. Salisbury and Cambridge are dumps.

I swear PG being “the wealthiest majority Black” county is a statement some white people push to distract the public. Who cares? What’s more important is that PG lags neighboring places like MoCo and Howard in terms of income, housing, crime, and economic development.

MoCo has stagnated and is slowly but inexorably in decline. Population and economic development/investment stats — especially relative to Fairfax — prove it.

Yeah, you’re wrong about the eastern shore. I’m in Queens Anne County. There is a ton of money out here, you have to get off of 50 to know about it.

Yep

https://www.chesapeakeliving.com/maryland-millionaires-u-s-many-live-chesapeake-bay/

https://foxbaltimore.com/morning/marylands-eastern-shore-named-best-of-the-world-2022

[Anonymous]

Anonymous wrote:Maryland has a high median income. But it is not the wealthiest at least when measured with better metrics like net worth.

Well, it has the most millionaires.

https://www.chesapeakeliving.com/maryland-millionaires-u-s-many-live-chesapeake-bay/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Eastern shore is not poor

PG was the wealthiest majority black community in the US until Charles county surpassed them so now we have the top 2.

Moco is not on a decline.

Howard and Frederick are wealthy.

Are you new here.

Aside from Talbot County and parts of Ocean City, the Eastern Shore is quite poor. Salisbury and Cambridge are dumps.

I swear PG being “the wealthiest majority Black” county is a statement some white people push to distract the public. Who cares? What’s more important is that PG lags neighboring places like MoCo and Howard in terms of income, housing, crime, and economic development.

MoCo has stagnated and is slowly but inexorably in decline. Population and economic development/investment stats — especially relative to Fairfax — prove it.

Cambridge and Easton are not poor.

People can’t stand that majority black communities are thriving. Obviously it will take generations for black peoples to gain the generational wealth that whites were handed in the 1900’s and earlier.

Moco is thriving, jobs are plenty, housing is available, transportation is tolerable and schools are ranked top in the US.

Cambridge's median household income is less than half the state average, as is its per capita income. And over 23% of the population is below the poverty line. Also, it's not majority Black.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Maryland has a high median income. But it is not the wealthiest at least when measured with better metrics like net worth.

Well, it has the most millionaires.

https://www.chesapeakeliving.com/maryland-millionaires-u-s-many-live-chesapeake-bay/

that link is out of date - 2016.

More recent:

https://www.statista.com/statistics/294941/largest-ratio-millionaire-households-per-capita-us/

And I live in MD.

[Anonymous]

Anonymous wrote:Howard County is wealthy, but Montgomery County is declining, mainly because of its socialist policies. PG is PG. Western MD and most of the Eastern Shore is poor. And…Baltimore?

Anyways, I don’t get how MD is always first in household income. How does it beat out Massachusetts, Connecticut, and California. Also some of the oil states like Texas and Alaska have a lot of wealth. I guess the rural counties in Virginia drag down the average wealth/income since Northern Virginia and the Richmond area are very rich.

The median household income in
Prince George's County is
$94,507. It's about $70,700 for the USA.

[Anonymous]

This seems to really boil the blood of all of you MoCo haters lol! I have been hearing predictions of MoCo becomming a communist hellscape for over twenty years now.

[Anonymous]

Anonymous wrote:
Nothing in the US is remotely socialist. I know, I lived in a socialist country.

But high taxes and social safety nets are the next best thing. I much prefer to live in MoCo than NoVa, for this reason.

It's also the reason I picked Maryland over Virginia, as someone from the "rest of Virginia." Lots of Virginia is poor to lower middle class, not as many safety nets that people have been convinced they don't want.

I like libraries and lots of parks and help for poor people, even though I'm not one any more.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The only reason places like MD, MA, CT, and NJ top these lists is because they have pockets of extreme wealth that distort the state's overall statistics, and -- therefore -- point to very high wealth disparity.

There is rampant poverty across Maryland (both urban and rural) but it often gets ignored because the state's much smaller number of uber wealthy residents cause a distorted picture.

So, being #1 isn't all that it's chalked up to be.

No, that only probably applies to Virginia. It has 4 of the top 5 richest counties in the U.S but it barely makes the top 10. This tells us how much poorer the rest of the state is. VA is the only state with a very high wealth disparity.
Maryland meanwhile has only one county in the top 10 but is ranked #1. That tells us the wealth is more balanced in MD.

True, there is so much parity between the incomes in Potomac and inner city Baltimore. No disparity at all

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Maryland has a high median income. But it is not the wealthiest at least when measured with better metrics like net worth.

Well, it has the most millionaires.

https://www.chesapeakeliving.com/maryland-millionaires-u-s-many-live-chesapeake-bay/

that link is out of date - 2016.

More recent:

https://www.statista.com/statistics/294941/largest-ratio-millionaire-households-per-capita-us/

And I live in MD.

You are so right! MD is #2 by .04%, which is .0004. Thanks for the clarification.

[Anonymous]

Maryland's geography allows it to live almost entirely off the federal teet.

[Anonymous]

Anonymous wrote:Maryland's geography allows it to live almost entirely off the federal teet.

Then why not VA?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Maryland's geography allows it to live almost entirely off the federal teet.

Then why not VA?

Exactly. More federal workers lives in VA and there are for federal jobs in VA. Virginia economy depends more on the federal government. Most of the IT sweatshops in VA are federal contractors.

[Anonymous]

Both MD and VA live off the federal teet. In VA it is not only NOVA but also Hampton Roads with the vast military empire that is there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Howard County is wealthy, but Montgomery County is declining, mainly because of its socialist policies. PG is PG. Western MD and most of the Eastern Shore is poor. And…Baltimore?

Anyways, I don’t get how MD is always first in household income. How does it beat out Massachusetts, Connecticut, and California. Also some of the oil states like Texas and Alaska have a lot of wealth. I guess the rural counties in Virginia drag down the average wealth/income since Northern Virginia and the Richmond area are very rich.

The median household income in
Prince George's County is
$94,507. It's about $70,700 for the USA.

Given the strong nationwide correlation between income and educational achievement, why are PG's public schools so dismal? By income, the schools should be in the top 25 percent in terms of performance. I am wary of statistics because they don't at times reflect distributions, i.e., pockets of poverty in certain areas but this article suggests that performance is suffering on a county wide basis:

https://wjla.com/news/local/prince-georges-county-public-schools-students-academic-data-school-board-meeting-ceo-monica-goldson-activists-students-parents-english-math-langauagge-arts-school-system-pandemic-2022

Query whether there is a higher opt out rate to private schools in PG than in other jurisdictions. Puerto Rico has beyond awful scores, but they have a high opt out rate, making comparisons challenging.

By any measure, Maryland is a well off state. Garrett County doesn't have the income of other counties, but it does have wealth and for Appalachia is actually nice. Biggest concern to me is Baltimore's significant population loss, as well as the diminishing of their business base. The City's world class institution - Johns Hopkins - doesn't pay taxes. Not a great set of affairs.

[Anonymous]

Anonymous wrote:Don't underestimate how much poverty exists in other states.

our country has vast areas of very depressing poverty. See much of Ohio, for example.