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Los Alamos County has gained national recognition for being one of the top 50 counties or municipalities with the highest per capita income.
The list, released by the Associated Press, ranked Los Alamos County number 49, with a per capita income of $55,109. Number one was Teton County, Wyo., with a per capita income of $132,728, while number 50 was Monmouth County, New Jersey, with a per capita income of $54,801.
There are a couple of different factors that contribute to the wealth of Los Alamos County, said Kevin Holsapple, Executive Director of the Los Alamos Commerce and Development Corporation.
The biggest factor for having such a high per capita income compared to the rest of the state is Los Alamos National Laboratory.
“A lot of economic drivers come from the lab and given the nature of what the lab does and with the people who are highly skilled and educated in technical fields, the lab pays salaries that you have to pay to get the right kind of people to do the work in those fields,” Holsapple said. “That would probably account for most of the jobs paying those high wages.”
He also said that as people retire, they sometimes have pensions that can also pay considerable income or provide considerable income to people who choose to retire here.
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