A new study of state tax data shows that rising prosperity trends ended in 2001, as inflation rates exceeded growth rates for married couples' income.
The study, written by economist John L. Knapp and research specialist Stephen C. Culp, stated that the median adjusted gross income for married couples fell by 0.9 percent in 2001.
The center reported that Virginia's top-five highest median income localities were all located in Northern Virginia: Loudoun County ($80,759), Fairfax County ($78,927), the City of Falls Church ($78,654), Arlington ($76,566) and the City of Alexandria ($75,145). Northern Virginia also accounted for 42 percent of Virginians' total adjusted gross income in 2001.
The Center also reported that the localities with the highest general income disparities in 2001 were Goochland County, Williamsburg City, Richmond City, Lancaster County and the City of Charlottesville.
-Compiled by Matt Galati
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