The second-richest neighborhood in America is in Bethesda, according to Stephen Higley, a professor emeritus of urban social geography at the University of Montevallo. But which one? This should be easy to guess, right?
Burning Tree? Spring Hill? Westmoreland Hills? Congressional Country Club? Kenwood?
Nope.
Bradley Manor-Longwood is the richest neighborhood in Bethesda this year, on Higley's conversation-starting Higley Elite 100 list. It is second only to The Golden Triangle in Greenwich, Connecticut. Bradley Manor-Longwood's median income is $599,440, and is 80% white, according to Higley's data. Located right where the Beltway meets I-270, the neighborhood's home values have clearly not been impacted by its proximity to interstate highways.
The criteria Higley uses includes studying contiguous blocks that house residents earning a mean income over $200,000. His data comes from the American Community Survey of 2006-2010.
Higley found that more urban neighborhoods are joining his list, as redevelopment, gentrification and demolition of existing housing has forced out low and middle-income residents.
Image via Google Maps
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Showing posts with label richest neighborhood in America. Show all posts
Showing posts with label richest neighborhood in America. Show all posts
Wednesday, February 26, 2014
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