Photo: Getty Images
It's no secret that some school districts get more funding than others. Several studies found that increased spending on schools led to better test scores and improved college enrollment.
24/7 Wall St got curious and compiled a list of the wealthiest school districts in the country:
"Using data from the U.S. Census Bureau and National Center for Education Statistics, 24/7 Wall St. identified the richest school districts in each state. School districts are ranked by average household income in the district, and only districts with at least 100 students and income data were considered."
Florida's richest school district is St. Johns County School District! The district's website says they have nearly 49,000 students as of June 2022.
Writers provided more statistics about St. Johns:
- Average household income: $113,475 (Florida: $83,104)
- District graduation rate: 94%
- Annual per pupil spending: $8,661 (Florida: $9,986)
- Student-teacher ratio: 18:1 (Florida: 17:1)
- District location: St. Johns County
- Total operational school districts in Florida: 76
Researchers also pointed out an interesting statistic from the study: "Among the districts on this list, average annual household income ranges from $90,500 to over $450,000. In the majority of these school districts, graduation rates are 90% or higher."
Check out the full report on 24/7 Wall St's website.