3 WV metro areas rank low on household income list - Business, Government Legal News from throughout WV

3 WV metro areas rank low on household income list

Posted: Updated:
  • BusinessBusiness

  • Tuesday, June 18 2013 1:16 PM EDT2013-06-18 17:16:11 GMT
    The West Virginia Sesquicentennial cake will make an impact on the celebration, clocking in at 8 feet long and 40 inches tall.
    The West Virginia Sesquicentennial cake will make an impact on the celebration, clocking in at 8 feet long and 40 inches tall.
  • Monday, June 17 2013 10:32 AM EDT2013-06-17 14:32:21 GMT
    Champion Industries Inc. on June 14 announced a reduced second quarter 2013 net loss from continuing operations of $700,000, compared to a$21.0 million for the quarter last year.
    HUNTINGTON, WV — Champion Industries Inc. on June 14 announced a reduced second quarter 2013 net loss from continuing operations of $700,000, compared to a net loss from continuing operations of $21.0 million for the quarter that ended April 30, 2012.
  • Monday, June 17 2013 8:04 AM EDT2013-06-17 12:04:51 GMT
    Worth an estimated $1.7 billion, Jim Justice is a prominent member of Lewisburg, but his coal operations are struggling as business owners have filed at least nine lawsuits since late 2011.
    Worth an estimated $1.7 billion, Jim Justice is a prominent member of Lewisburg, but his coal operations are struggling as business owners have filed at least nine lawsuits since late 2011.

When it comes to metropolitan areas with high-income households, three such areas in West Virginia rank among the bottom 12 nationally.

Of the 366 metro areas studied by the Census Bureau, Steubenville-Weirton ranked 363rd in percentage of households with income in the top 5 percent nationally, with only 1.3 percent of households classified as high income. The Cumberland, Maryland, metro area, which includes Mineral County, ranked 357th and Wheeling ranked 355th, both with about 1.4 percent.

The Census Bureau report defines high income as being in the top 5 percent of national income distribution, which is an annual household income of at least $191,469.  

At the other end of the scale, the Washington, D.C., metro area, which includes Jefferson County, was third on the list, at 14.1 percent.

Bridgeport-Stamford-Norwalk, Conn., topped the national list with 17.9 percent of households being classified as high income. Danville, Va., was at the bottom, with 1.1 percent.

Powered by WorldNow
All content © Copyright 2000 - 2013 WorldNow and WVSTATE. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.