The auto industry implosion and recession has knocked Oakland County from the list of America’s wealthiest counties.
Oakland County — once considered the fourth wealthiest county in the country — is not even among the 25 richest counties in the nation anymore, according to a Forbes.com survey.
Oakland has ranked itself as the 10th richest county based on per capita income, a different variable from that used by Forbes.com.
Census Bureau data shows the recession has reduced the median household income to $61,907 last year compared with $103,035 in 2000.
Re: Shrinking Detroit
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