Reply to How is Maryland the richest state?

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[quote=Anonymous][quote=Anonymous]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. [/quote]

Maryland is not the "richest" state (no matter what they misnamed list you're looking at says), it's the highest income state. Income does not equal wealth. (But there is no easy survey of overall wealth.) Truly wealthy show little or no income. Texas, to use your example, has some incredibly wealthy people who own oil fields and companies but who probably report next to no annual income, some high income people at the high echelons of those companies, and many, many, many more people working on oilfields who, though better compensated than some manual labor, are not winning any competitions. Maryland has far more upper-income-but-not-wealthy earners working at biotech companies, law firms, for the government, etc.[/quote]

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