Washington Sees Incomes Soar as Most of U.S. Declines
...The income of the typical D.C. household rose 23.3% between 2000 and 2012 to an inflation-adjusted $66,583, according to the Census Bureau’s American Community Survey, its most comprehensive snapshot of America’s demographic, social and economic trends. During this period, median household incomes for the nation as a whole dropped 6.6% — from $55,030 to $51,371. The state of Mississippi, which had one of the biggest declines, dropped 15% to $37,095: Nearly one in three people there have an income that is near the poverty line.

The Washington, D.C. metro area — which includes the surrounding suburbs in Maryland, Virginia and West Virginia — has it even better, with a median household income of $88,233 that ranks highest among the U.S.’s 25 most populous metro areas. Tampa, Florida’s median income, by contrast, is under $45,000....

Chart of the Day: Median income in DC vs the rest of us
...From the mid-1980s to around 2007, the median household income rise in DC remained pretty closely linked to that of the nation as a whole. Anyone remember what happened in 2007, besides the economic slowdown that would turn into the Great Recession? Democrats took control of Congress and federal spending shot upward ever since. And at least according to the Fed, that disparity is actually accelerating, at least to 2012, with DC median income skyrocketing while the rest of us stagnate....