NEW ALBANY, Ohio (WCMH) — A study found New Albany is the fifth wealthiest suburb in the U.S. that tracks precise income data.
The study by BestWallClock Archive used U.S. Census data to locate America’s wealthiest suburbs. With a median income of $238,250, New Albany was the wealthiest suburb in Ohio and the fifth wealthiest in the U.S. that reports an entire income. Comparably, the Census lists Ohio’s median income at $71,389.
The Census reports suburbs with median incomes above $250,000 generically; the cutoff was $100,00 before 2009. Of suburbs with reported median incomes, New Albany ranks fifth. See previous coverage of New Albany’s top homes in the video player above.
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Described by the New Albany Company as a “Shangri-La for the wealthy,” New Albany straddles Franklin and Licking counties. It is known for lavish homes and its emerging role as a hub for tech companies. The study said New Albany’s wealth is “supported by planned community development and ties to major employers in Columbus, including finance and retail corporations.”…