Good Tuesday morning, Alexandria!
🌤️ Today’s weather: Mostly cloudy, then gradually becoming sunny, with a high near 76. Northeast wind around 10 mph. At night: Increasing clouds, with a low around 56. Northeast wind 6 to 8 mph.
🚨 You need to know
A study by investment adviser firm SmartAsset found that Alexandria ranked sixth in an overview of the wealthiest counties (and cities) in Virginia, Alexandria Living Magazine first reported.
The survey looks at investment income, property value and per capita income. According to the website:
To identify the wealthiest counties, we compared all U.S. counties across three metrics: investment income, property value, and per capita income.
We started the analysis by calculating the Investment Index for each county by evenly weighing the Ordinary Dividends, Qualified Dividends, and Net Capital Gains. From there we calculated the Median Home Value, and the Per Capita Income for each county, and ranked them on all three metrics.
Alexandria ranked just below Fairfax City and just above Fauquier County. Alexandria had a lower median income — $105,450 — and lower investment income — $47,518 — but was boosted by its higher median home value — $608,562.
Alexandria’s neighbors nabbed higher spots on the list with Fairfax County coming in at number three and Arlington County at number two. The number one spot was Falls Church.
📈 Friday’s most read
The following are the most-read ALXnow articles for May 26, 2023.
- ALXnow answers your questions about Alexandria… kind of (2818 views)
- Maryland man charged with robbing two Alexandria banks (1981 views)
- Notes: Police arrest two people for robbery at Arlandria Autozone (877 views)
- Sen. Tim Kaine visits Campagna Early Learning Center in Alexandria, talks debt ceiling fight (336 views)
📅 Upcoming events
Here is what’s going on today in Alexandria, from our event calendar.
- 5:00 pm: Live Music
