Report says Bellingham ranks high in income growth

Bellingham has landed on a list that says residents had some of the fastest growing incomes in the nation - but that doesn't mean local residents are suddenly wealthy.

NerdWallet, a financial information website, recently released a list of cities with the fastest growing incomes between 2007 and 2011. Using median income data from the U.S. Census, the report shows Bellingham had the third-highest income growth percentage increase out of 483 cities during that period, rising 21.1 percent. The only cities with higher median income percentage growth were Chico, Calif., up 32 percent, and Greeley, Colo., up 24.6 percent.