FACT CHECK: Are ‘Seven Of The Nine’ Wealthiest Counties Around DC?

Holmes Lybrand | Contributor

In an interview on 60 Minutes Sunday, former White House chief strategist Steve Bannon stated that “seven of the nine biggest…wealthiest counties in America ring Washington, D.C.”

During the interview, Bannon argued that Washington D.C. “is a business model. It’s a successful business model.” He touted the “seven of the nine” statistic as evidence of the financial success in and around D.C.

Verdict: False

Regardless of the major measurements used when analyzing wealth, Bannon is close but incorrect that seven out of the top nine wealthiest counties in the U.S. “ring Washington, D.C.”

Fact Check:

Five out of the nine wealthiest counties are near D.C. when measuring by median income levels.

Other measurements can be used when determining wealth such as per capita income. Surrounding D.C. counties make up four of the top nine wealthiest counties when analyzing by per capita income – based on data from the U.S. Census Bureau.

When using median family income, counties near D.C. make up six out of the top nine wealthiest counties in the U.S. and five out of the top nine when analyzing by household income.

Bannon is correct that a large amount of the top nine wealthiest U.S. counties are found near D.C., but his claim that seven out of the top nine are found near D.C. is incorrect.

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Holmes Lybrand

Contributor

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