Study: City’s population, income higher than estimates

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Baltimore City might have more money in its pocket than originally thought, according to a new study.

Baltimore’s average household income is $51,800, which is 23 percent higher than the 2000 Census Bureau figure, according to the Baltimore Neighborhood Market DrillDown report released Monday. The average income of homeowners who bought property in the city between 2003 and 2006 was even higher — $75,500 a year — the study found.

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