The website 24/7 Wall St. says Montgomery County is a great place to live because of well-paying jobs and long life expectancy.
The website 24/7 Wall St. developed an index based on poverty rate, education and life expectancy. They then ranked counties based on well-being. Montgomery County ranks 14th in the US. Helping Mongomery County obtain that ranking, the many high-paying government contractors and their jobs, including Lockheed Martin, General Dynamics, and Northrop Grumman.
Here is what 24/7 Wall St. has to say about Montgomery County.
5 yr. population change: +7.5%
Nov. unemployment rate: 3.1%
Poverty rate: 6.7%
Life expectancy at birth: 81.6 years
"Many of the wealthiest, best educated, and healthiest counties in the United States are located in and around the Washington D.C metro area, and Montgomery County is one of them. Many workers living in the county are employed in high-paying jobs in and around the nation’s capital. The typical household in Montgomery earns $99,435 a year, a higher median income than in all but a dozen other U.S. counties.
People with higher educational attainment tend to live longer than those with less education. In Montgomery, 57.9% of adults have at least a bachelor’s degree, a larger share than in all but 10 other U.S. counties. With high educational attainment, the county’s 81.6 year life expectancy at birth is nearly three years longer than the national life expectancy."
If you are thinking about relocating to Montgomery Cpunty, please consider the Myers Team your resource for all things real estate. We have almost 30 years of real estate experience, specializing in the Montgomery County area. If you are refinancing, want a recommendation on a home warranty, need a service or just have a home related question, please give me a call at 301-910-9910 or email me at firstname.lastname@example.org.