Posted: 04/30/2010 04:49:10 PM PDT
Marin has once again topped the state in median household income, according to figures released by the state this week.
Also, the county grew in population by .08 percent last year and is now at 260,651, the state reported.
Although Marin led the state with the highest median income for joint returns for the 2008 tax year at $118,704, that was a decrease of 3.85 percent from 2007.
San Mateo County ranked second with $100,165, Santa Clara County third at $100,077, Contra Costa County fourth with $90,956 and Alameda County fifth with $88,138.
Marin, Contra Costa, San Mateo and Santa Clara counties have led California for 37 years in reported highest median incomes, according to the state Franchise Tax Board.
"That income level is important for our local economy," said Coy Smith, CEO of the Novato Chamber of Commerce. "If people are employed and earning a good salary it has a positive ripple effect on our local economy."
Congrats to Marin on this amazing accomplishment. The Bay Area is definitely on its way back to being at the top of all categories!