Community Corner
14 Percent of Edmonds Households Have Incomes of $150,000 or More
Unincorporated Esperance comes in at 8.4 percent in a study conducted by On Numbers, a research division of American City Business Journals.
Fourteen percent of households in Edmonds have an income of $150,000 or more, according to a report from On Numbers, a research division of American City Business Journals (ACBJ).
The Puget Sound Business Journal, an ACBJ publication, reports that the city with the highest rate of $150,000-plus households is Clyde Hill, on Seattle's Eastside. In that city, the number is 62.42 percent.
Edmonds' number, 14.28 percent, is good enough to rank it 1,890th out of more than 14,000 cities nationwide. The survey also found that 42 percent of household have interest, dividends or net rental income.
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The survey, which contains statistics for towns and villages with populations of 1,000 or more, found that unincorporated Esperance in Snohomish County, which Edmonds has more than once tried to annex, has 8.4 percent of households with incomes of $150,00 or more. That ranks it 3,292nd nationwide.
No. 1 in the country is Hidden Hills in Southern California, with 78.5 percent of households pulling in $150,000 or more.