Reply to How rich do you have to be to live in McLean, Great Falls or Vienna?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]NP. We moved to McLean 5 years when our HHI was $350K and the home we bought was $1.1M.  The house is now worth around $1.5M based on comps on our street, so its been a good investment like many homes in Northern Virginia.  Based on our personal experience there are a number of people in the area that work for the CIA, State Department, some lawyers, doctors, and the occasional lobbyist - but also a good number of people that work for Fed Gov agencies, consultants, accountants, and such.

Primary reasons we moved were: 1) the schools as we have two ES age children, 2) a larger house, and 3) a relatively short commute to work downtown.  We have no regrets.

We considered homes in Falls Church, Vienna and we have friends and family that live in both.  Each area has its own pros/cons but it really boils down to personal preferences/priorities, we think they are all great options.  We've made a lot of great friends in our neighborhood, families from our sons baseball team, girl scouts, the pool/swim team. The HHI among our group of friends definitely ranges from probably $300K to $1M, though I think only a few of them are north of $600K.

We all enjoy each others company and get together often.  I think you have to know yourself, and decide if it will really bother YOU to be around some people that make more.  But again, in our experience, their HHI doesn't dictate what type of people they are.

[/quote]

Which part of McLean? [/quote]

South of 123[/quote]

There are plenty of multi-million dollar homes south of 123 and also smaller older homes.  Location doesn't tell you anything.   Wealthier people live in larger new homes, poorer people live in small old homes unless they are the minimalist "millionaire next door types", but for the sake of generalization, let's realize that those who could buy large new homes would buy them, and those who end up in older small homes obviously have lower income/networth for the most part, excluding humble millionaire minority.  The whole conversation about areas is moot.  One can live in a 3mil home in Vienna or one can live in a  1.2 mil home in Mclean, which person is likely to be wealthier?[/quote]

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