South Florida Is the 10th Richest Area in the Nation

The recession might have you feeling poor, but the Miami/Fort Lauderdale metropolitan area is still the 10th richest in the nation in terms of combined personal income. Buffalo Business First analyzed personal income for the top 72 markets in America based on salary, interest payments, dividends, rental income, and government checks, and South Florida...

By Kyle Munzenrieder

August 17, 2009

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The recession might have you feeling poor, but the Miami/Fort Lauderdale metropolitan area is still the 10th richest in the nation in terms of combined personal income.

Buffalo Business First analyzed personal income for the top 72 markets in America based on salary, interest payments, dividends, rental income, and government checks, and South Florida came in 10th with a total personal income of $236.7 billion.

This shouldn't be too surprising, considering South Florida is the seventh most populace metro area in the nation.

New York ranks first with a TPI just over $1 trillion, while L.A., Chicago, D.C., Houston, Philadelphia, Dallas/Forth Worth, San Francisco, and Boston round out the rest of the top ten.

[SFBJ: South Florida ranks 10th for personal income]

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