San Diego leads nation in income growth [Los Angeles Times (CA)]
CORELOGIC (CLGX)
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Source: Los Angeles Times
San Diego leads nation in income growth The national economy keeps growing and by at least one measure, San Diego is the nation’s No. 1 boom town. The San Diego area turned in the best performance in U.S. personal income growth, according to data released this week by the Census Bureau . Median household income in San Diego increased to $76,207, jumping 5.4 percent and finishing No. 1 among 50 metropolitan areas studied. Christopher Thornberg, founding partner at Beacon Economics , a Los Angeles-based research firm, said the big drivers for San Diego were “military, tourism and tech — the big three. And all three are doing great right now.” California cities set the pace in the census figures, with five metro areas finishing in the top 10. San Diego edged past the Silicon Valley for the top spot in the Golden State. The median income in the San Jose-Sunnyvale-Santa Clara area posted a 4.6 percent gain last year, rising to $117,474. The Inland Empire that includes Riverside, Ontario a
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