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Reply to "Top 3 of nation's 4 richest counties are in NoVa"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The real shocker is that people repeatedly abuse terms, e.g. using 'median income' as a proxy for 'rich', when describing differences.[/quote] How is this shocking?[/quote] Because you could have a modest income and a high net worth (wealth), or a high net worth and a modest income. Given that these Virginia counties have been showing up as those with the highest median household incomes for years, however, there are undoubtedly many high net worth households as well. [/quote] Mangled the first part - you could have a high income and a modest net worth (if, for example, most of your income went to paying off student debts).[/quote]
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