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Draft 2/23/2017 Resident income is one of the highest in the state. The graph below depicts Washington County's per capita income as the third highest in the state of Minnesota. This high level of personal incomes means that there is a strong purchasing power, which is an opportunity to support new development. This is further substantiated by data on household median income and net worth statistics. 2014 Per Capita Incomes Minnesota $31,642 Anoka Co. $31,474 Carver Co. $38,638 Dakota Co. $35,755 3 f Hennepin Co. $38,125 Ramsey Co. $30,076 Scott Co. $35,690 Washington Co. $37,841 $20,000 $25,000 $30,000 $35,000 $40,000 Source: American Community Survey According to 2015 estimates, Washington County's median income is $87,995, 39% higher than statewide, and an increase 5.3% over the year. Washington County had an average net worth of $793,314 in 2013 and a median net worth of $216,586. Median net worth is generally a more accurate depiction of wealth than the average figure. A few households with very large net worth can significantly skew the average. As a comparison, the metropolitan area had an average net worth of $586,479 and median net worth of $111,991. This is also reflected in the data about employed residents over the age of 16; median earnings are $59,262. Washington County had an estimated 134,000 employed residents who were at least 16 years of age, in 2015. The largest percentage of jobs were found within Management, Business, and Financial Operations; followed by Office and Administrative Support; and Education, Legal, Community Services, Arts, and Media occupations. Washington County Occupational Statistics, 2010-2014 American Community Survey Occupational Group Employment % Male % Female Median Earnings Civilian employed population 16 years & over 133,637 51.5% 48.5% $59,262 Management, business, and financial 25,917 57.4% 42.6% $85,220 Office and administrative support 16,912 29.1% 70.9% $41,369 13