The City With the Most to Spend on Christmas? It's Washington, D.C.

This year, the average American will spend $650 on gifts, as part of the country's projected $470 billion of shopping between Thanksgiving and New Year's -- a new record. But which U.S. metro areas have the most to spend? A new index Richard Florida developed with his colleagues at the Martin Prosperity Institute includes three measures of regional productivity and wealth: median household income, per capita income and average wages and salaries. By his calculations,  Washington, D.C., tops the list, followed by San Jose, and Bridgeport-Stamford, Connecticut.

Screen Shot 2011-12-20 at 1.09.27 PM.png

Presented by

The Atlantic Cities explores the most innovative ideas and pressing issues facing today’s global cities and neighborhoods. By bringing together news, analysis, data, and trends, the site is an engaging destination for an increasingly urbanized world.

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

Google Street View, Transformed Into a Tiny Planet

A 360-degree tour of our world, made entirely from Google's panoramas

Video

The 86-Year-Old Farmer Who Won't Quit

A filmmaker returns to his hometown to profile the patriarch of a family farm

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

More in Business

Just In