Washington, D.C. kicks Ass! Not Quite Yet!

Although the three recent studies/charts below  shows our city as the richest, the best-educated, and  fastest growing than any other U.S. state at three times the national average, but as I’ve always been bitching, this is due to a large number of government milking type of businesses in DC Metro.

Once, I see more innovators in DC area, then I truly feel proud of these charts! Till then,  I hate to say it, but Washington DC is mainly the beneficiary of having more Federal employees and government contractors  than any other city in the  nation. 

That said, with the trend towards cutting government spending, i wonder if DC will decline.

– Most Educated Cities

% of adults 25+ with a bachelor's degree, 2008. - Brookings analysis

– Fastest Growing States

% growth between 2010 and 2011 - Census

– Most Stable Home Prices

S&P/Case-Shiller Home Price Index, sample of cities: Jan 2009 - Sept 2011

The only thing I feel good about this new survey, I am glad I bought my condo in 2008 🙂

Feel free to connect with me via awesomize.me

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About Elias Shams
I have been a serial entrepreneur in telecom and social media space for past 12 years or so. I hold a M.S. degree in Telecommunication Engineering from the George Washington University and a B.S. degree in Electrical Engineering from the University of Maryland. I’ve lived and worked in many countries and cities including London England, Tehran Iran, Bonn Germany, Paris France, Alicante Spain, Delhi India, and my favorite of all Washington, DC of great US of A. Two of the greatest Washington, DC based companies I worked for and very proud of are Yurie Systems which was sold to Lucent in 1998 for $1.23 B and telezoo.com that I founded in 1999. I am currently the founder and awesomizer @ awesomize.me

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