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The U.S. avoided this outcome for a long time, but it's in the process of happening to D.C. too. D.C.'s median household income was only slightly higher than the national average in 2006. But by 2015 it was almost 40% higher: https://www.washingtonian.com/wp-content/uploads/2016/09/DC-.... Not surprisingly the Michelin Guide started handing out stars for D.C. restaurants in 2017: https://en.wikipedia.org/wiki/List_of_Michelin_starred_resta..... For decades, it ranked (in the US) only restaurants in SF, NYC, and Chicago. |
The increase is probably driven largely by these people, who 20 years ago would have been in Fairfax, Arlington, Montgomery or Howard Counties.
And the area has always done fairly well. An uncle by marriage had planned to move back to Long Island after finishing up at Georgetown Law. Then he read that Arlington County topped the list of US counties ranked by average income for lawyers. He moved across the river and didn't look back. That would have been about 1950.