Money Magazine recently detailed the towns and cities with the highest median family incomes in the country.  It's no surprise that McLean, Virginia made this list.  Traditionally viewed as one of the ritziest communities in the Washington, D.C. metro area, McLean placed #8 on Money Magazine's list.  See the full list here.

McLean Virginia

With a population of just 40,715, McLean boasts a median family income of $180,103.  The Money Magazine snippet states that some powerful movers and shakers make McLean their home, including Supreme Court Justice Antonin Scalia, Democratic Senators Ted Kennedy and Patrick Leahy, as well as many Washington area business leaders.

While the article reports that the median home price in McLean is $840,000, take a look at some of the following real estate statistics for the area.

Money in McLeanAs of August 9, 2008:

421 homes on the market in McLean.

Average listing price $1,817,445.

58% of homes on the market are priced over $1 million.

26% of homes are priced over $2 million.

Almost 13% of homes are priced over $3 million.

There are 6 homes available in McLean priced over $10 million.

So far this year, there have been 118 home sales in McLean that have topped $1 million.

 

While I can't guarantee that moving to McLean will make you rich, if you've got some money, McLean may be the place for you to live. 

CLICK HERE TO SEARCH FOR A HOME IN MCLEAN

For information on selling your McLean, Virginia home, please contact me for a no-obligation private consultation.

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Contact Brian Block, REALTOR/Attorney: Licensed in Virginia & Washington D.C. (703) 626-0715. If you are interested in purchasing or selling a property in Northern Virginia including Arlington County, Alexandria City, Annandale, Burke, D.C., Fairfax County, Falls Church City, Lorton, McLean, Springfield, Vienna, Washington D.C., contact Brian today.

 

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This post has been included in Virginia Real Estate News Fairfax County, VA Real Estate News McLean, VA Real Estate News
Post is included in group: Localism Success and Accountability Group
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4 Comments on Making Money in McLean

AUG
09
2008
569,437 Points 1 Featured Post Localism Sponsor Outside Blog Attended Rain Camp

For a comparision we have 15 listed in Grand Rapids over 1 million.
10:03pm • #1
AUG
10
2008
1,913,515 Points 386 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp Called Shot Master

Brian, I think that's more homes over $10million than we had listed in DC.  It's a pretty posh place!
9:12am • #2
599,714 Points 79 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp

TERRY:  Yes, McLean is an extraordinarily wealthy community.
4:43pm • #3
599,714 Points 79 Featured Posts Localism Sponsor Outside Blog Attended Rain Camp

PAT:  I wouldn't be surprised if that were the case.
4:43pm • #4


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Brian Block -- Northern Virginia & D.C. Real Estate

McLean, VA

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RE/MAX Allegiance, Managing Broker/Branch Vice President

Address: 6226 Old Dominion Drive, McLean, VA, 22101

Office Phone: (703) 626-0715

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