50 richest towns in america

Larchmont is a coast-hugging town in well-known Westchester County. The median home value in this New York City suburb is just under $1,750,000, according to Zillow. Every one of the top 20 towns have households that bring in at least $300,000 a year. Here are the top 10 richest places in the U.S., according to Bloomberg: 1. Households here vary between two-income homes when both parents have great jobs, or households where there's one primary earner in the top tier of their industry. You can find out more about him on LinkedIn or his website. Adults with at least a bachelor's degree: 63.3%, Adults with at least a bachelor's degree: 76.4%, Adults with at least a bachelor's degree: 77.8%, Adults with at least a bachelor's degree: 65.2%, Adults with at least a bachelor's degree: 71.2%, Adults with at least a bachelor's degree: 78.4%, Adults with at least a bachelor's degree: 75.3%, Adults with at least a bachelor's degree: 72.7%, Adults with at least a bachelor's degree: 79.6%, Adults with at least a bachelor's degree: 73.7%, Adults with at least a bachelor's degree: 75.4%, Adults with at least a bachelor's degree: 84.4%, Adults with at least a bachelor's degree: 79.5%, Adults with at least a bachelor's degree: 64.2%, Adults with at least a bachelor's degree: 62.8%, Adults with at least a bachelor's degree: 71.4%, Adults with at least a bachelor's degree: 80.7%, Adults with at least a bachelor's degree: 66.1%, Adults with at least a bachelor's degree: 76.3%, Adults with at least a bachelor's degree: 85.5%, Adults with at least a bachelor's degree: 83.1%, Adults with at least a bachelor's degree: 80.9%, Adults with at least a bachelor's degree: 77.7%, Adults with at least a bachelor's degree: 81.0%, Adults with at least a bachelor's degree: 87.2%, Adults with at least a bachelor's degree: 79.1%, Adults with at least a bachelor's degree: 85.0%, Adults with at least a bachelor's degree: 89.3%, Adults with at least a bachelor's degree: 84.3%, Adults with at least a bachelor's degree: 79.0%, Adults with at least a bachelor's degree: 81.3%, Adults with at least a bachelor's degree: 83.5%. This Santa Clara County, California, town has maintained a rural character that evokes its agricultural past in spite of its recent infusion of Silicon Valley money. Boroughs, census designated places, cities, towns, and villages were all considered. Notable figures who have called Los Altos Hills home include former Major League Baseball player Barry Bonds and tech entrepreneur Steve Kirsch. That would be Frisco, Texas -- a little nook just outside of Dallas. Cherry Hills Village, CO Cherry Hills Village, Colorado scrapes into the top 3 with an average household income of $394,259. No. Our next stop, Fremont, California, probably won't come as a surprise to anyone who lives in the state. #3. The tony town sits on Long Island Sound and was known as Sound Beach in the 19th century. Los Altos Hills is a Silicon Valley town. SmartAssets free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. The demographics of the United States are always changing. The recent five-year national median household income is 10% higher than the previous five-year period, 2012-2016, adjusted for inflation. Four of those six states are in the U.S. South. These Are The 20 Richest Towns in America, This Cook County, Illinois, town is perhaps best known as the setting for director John Hughes. Notable residents have included former AOL CEO Steve Case and Redskins owner Dan Snyder. Atherton is joined by Scarsdale, New York (No. Cantata Media. (These are the most educated big cities in the country). #9. Surprised by that? Click here to see our detailed methodology. HomeSnacks is reader-supported. So, while your little small town might be rollin' in the dough, we're only looking at the most populated areas. Courtesy of City of West University Place, 9 Beautiful Tables from the 2023 Orchid Dinner, Your Privacy Choices: Opt Out of Sale/Targeted Ads. Average household income: $405,073. This Fairfax County, Connecticut, town is just 37 miles from New York City, but its wealthy residents likely consider it a world away, thanks to its 11 parks, 2 public beaches, and several private clubs focused on activities like golf and yachting. WebThe richest town in the entire US is a Silicon Valley enclave where the median income is over $250,000 and the typical home is worth over $2 million. (, These are the most educated big cities in the country. WebFor the first time ever, Forbes reveals the richest person in each of Americas 50 largest cities. Immediately to the south, you've got Cupertino, home of Apple. Bloomberg released its annual Richest Places index, revealing the wealthiest towns in the US. This is a BETA experience. Keep reading to learn more about the top 20 richest towns in America. It's just plain boring is all. Moving from West to East, Americas second richest town is Scarsdale, New York, which is just 35 minutes outside of New York City. Higher levels of education are correlated with higher incomes, and Americas 50 richest cities have significantly more educated populations than the population nationwide. Hillsborough, CA (income: $430,681/ bailout: $5.7 million) With a median home price of $5.4 million, notable residents include Bing Crosby, Elon Musk, Jenny Craig, Jimmy Kimmel and Salote Mafileo Pilolevu Tuita, a Tongan princess. Should the American taxpayers from lower-income areas be subsidizing the lifestyles of the rich and famous? There's a lot of old money here, too. One reason people are 'rich' in Fremont is the fact that salaries are so inflated because the cost of living is so high. Hearst Magazine Media, Inc. All Rights Reserved. Notable residents include Google founder Sergey Brin and Israeli-Russian billionaire and tech investor Yuri Milner, who paid $100 million for his home. Microsoft co-founder Paul Allens estate in Atherton, CA, recently sold for a hefty $35.25 million. runs in excess of $250,000 and the mean household income is $462,556. Background: In May, the Heroes Act passed the U.S. House, 208-199. Los Altos Hills, California. All four have average incomes upwards of $400,000. Finding a qualified financial advisor doesnt have to be hard. Population: 188,387Rank Last Year: 4 (Up 1)Median Income: $128,761 (5th best)Unemployment Rate: 3.7% (25th best)More on Frisco: Real Estate|Crime|Cost Of Living. There are six cities in where the median household income is less than $20,000: (1) Livingston, Alabama; (2) Hawaiian Ocean View, Hawaii; (3) Homer, West University Place is a suburb of Houston, just southwest of downtown. Population: 125,817Rank Last Year: 3 (Down 4)Median Income: $102,764 (19th best)Unemployment Rate: 3.8% (29th best)More on Pearland: Real Estate|Crime|Cost Of Living. Per the most recent ACS data, the richest city in America is Cary, NC.You can check out how NC ranked overall in our richest states in America. Great schools. Notable residents who have called West University Place home include Craig Biggio, a former baseball player for the Houston Astros, and NFL player Brian Cushing. What? You won't see condos here. And you can bet that many of the residents here are aware of the fact that they're only the second richest people in the state, too. #5. 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Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day. It's also the hometown of Claire Underwood, the fictional president of the United States in "House of Cards.". Although Atherton, which sits between San Jose and San Francisco, is best known for its tech billionaire residents such as Sheryl Sandberg, Eric Schmidt, and Meg Whitman, the former CEO of Hewlett-Packard, a slew of other notable residents have also called the Silicon Valley town home, including actress Shirley Temple, investment firm CEO Charles Schwab, Major League Baseball Hall of Famer Willie Mays and Ty Cobb, and Fleetwood Macs Lindsey Buckingham. For a table of the richest and poorest cities in every state with no size restriction, go to the end of the article. Best known for being home to Trump's Mar-a-Lago Club, Palm Beach is a beautiful beach town situated on the southeastern tip of Florida. The median home value in this San Matteo County, California, town is a staggering $7,795,239, according to Zillow. A common theme among these poor cities is de-industrialization. Is it snobby here? It might help to see how much your community received. To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. Photographer: David Paul Morris/Bloomberg via Getty Images, A mansion-style home in Atherton, California, the most expensive ZIP code in the state, Why Finland and Denmark are the happiest countries in the world, How this 39-year-old earns $26,000 a year in California. Notable residents include CEOs, actors, pro sports players, and authors. But this comes at a cost. The richest towns in America are Atherton, Calif., with a household income that exceeds a half-million dollars, followed by Scarsdale, N.Y., with $452, 041. Scenes from two classic 1980s John Hughes filmsFerris Buellers Day Off and Sixteen Candleswere shot in Glencoe. Extreme wealth tends to be much more common in the richest states in the country. Median home values in the 50 richest cities begin at $498,900, about double the median nationwide of $244,900, and reach over $2,000,000 among. We excluded towns for which the margin of error at 90% confidence was greater than 10% of either the median household income or the population. The cities we're about to mention are pretty wealthy, overall. Population: 169,177Rank Last Year: 5 (Up 4)Median Income: $107,463 (18th best)Unemployment Rate: 3.3% (6th best)More on Cary: Real Estate|Crime|Cost Of Living. Top 10 Richest Cities in the USTop 10 Richest Cities in the US. Here is a list of the richest cities in the US and also their description that why they are so rich in every 10). Atlanta, Georgia. 9). Boston, Massachusetts. 8). Philadelphia, Pennsylvania. 7). San Francisco, California. 6). Washington, D.C. 5). Dallas, Texas. 4). Houston, Texas. 3). Chicago, Illinois. 2). More items Households here make earn the 2nd highest incomes. To determine Americas richest towns, 24/7 Wall St. reviewed household income data from the U.S. Census Bureaus American Community Survey in every American town with a population of between 1,000 and 25,000. Every item on this page was chosen by a Veranda editor. Notable people include Eric Lefkofsky, founder of Groupon, film critic Gene Siskel, and author Scott Turow. Visit Business Insider's homepage for more stories. Rich people can spend all their money and then they're broke. Atherton, California, is the richest town in America with an average annual household income of $525,000. This rich little enclave is just outside of Houston. Atherton, California Average household income: $525,324 2. Saturday, feb 25 23. People here earn on average, the 13th highest incomes overall, and only 3.56% of people who live here don't have a job. Along those lines, Sunnyvale sits in a good neighborhood. the cities with the most expensive homes. Just about all households who live here earn well over $100,000 a year annually. From the road, its all high brick walls and opaque gates. This city has it all - Grand houses. Below youll find the table of the poorest city in every state. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_1',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');The general assumption is going to be suburbs of major cities where people live in big homes, away from the grimy, packed downtown areas. This Dallas suburb is home to the Americas first self-contained shopping center: Highland Park Village, which opened in 1931, was designed by architects Marion Fresenius Fooshee and James B. Cheek in a Spanish Revival style and is on the National Register of Historic Places. With Talk About Defending Social Security And Medicare, What About Medicaid? Regions that were once home to the richest cities in the U.S. such as the Midwest and New England during the time of John D. Rockefeller, Andrew Carnegie and Joseph P. Kennedy now have fallen behind new centers of wealth on the West Coast and booming southern states like Texas. There are seven cities in which the median household income is in excess of $250,000. Folks here have great jobs, work hard, and hardly anyone in town struggles to make ends meet. The 10 Richest Cities In The US For 2022 Cary, NC Centennial, CO Frisco, TX Sunnyvale, CA Fremont, CA Bellevue, WA Pearland, TX Olathe, KS Overland Park, Crazy Rich Asians would maybe even consider buying a home here. Travilah, Maryland. Google cofounder Sergey Brin and Google CEO Sundar Pichai both call it home. It takes Google Maps to get a glimpse of what lies behind. Bronxville is 15 miles north of New York City, also in Westchester County. We contacted Speaker Pelosi and the Atherton city manager for comment and did not receive a response. But money does indeed buy happiness. We found the 50 richest places in the country received $350 million in bailouts. Folks here rank 19th for income levels, and 2nd-lowest for number of people living in poverty (3.51%). The 10 Biggest Fintech Companies In America, PODCAST: Why Cristiano Ronaldo Is The World's Highest-Earning Athlete, 2017 Grateful Grads Index: Top 200 Best-Loved Colleges, Full List: The World's Highest-Paid Actors And Actresses 2017, Meet The Richest Self-Made Women On Wall Street 2017, Forbes/Fridson Income Securities Investor, Machine Readable File: Transparency in Coverage. You Can Contribute Even More To Your 401(K) In 2023, But Should You? Here's the top 34 1. Better-educated workers tend to make more money. According to a recent study, if you earn about $95,000 a year, you're optimally happy. Its located five miles north of Dallas. The 34 towns on this list can be found in just 11 states. Located in Virginias Fairfax County, Great Falls is less than 20 miles outside of Washington, DC. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Lifestyle 02/21/2020. The median home value in Cherry Hills Village is just shy of $2,612,468, according to Zillow. This southern Westchester County, New York, town is just 15 miles from Midtown Manhattan, which means its residents have easy access to the city and all the trappings of wealthy small-town lifecharming residential architecture, a walkable town center, and great public schools. the Reasons To Do It, Making A Restaurant Thrive Finding The Best Chef, Critical Mistakes to Avoid in Strategic Communication, Overcoming the Challenges of Launching a Unique Business, Inclusion and Diversity at CEOWORLD magazine. Web^ Including the Belgian municipalities of Lanaken, Riemst and Maasmechelen to the west and Vis to the south. This Westchester County suburb of New York City is the richest town on the East coast. Whatsapp founder, Jan Koum, paid $57 million for a mega-compound. Other rich cities are different, such as North Dakotas Beulah, a city remote from any major urban center and whose economy is heavily dependent on being home to the largest lignite mine in the U.S. CEOWORLD magazine - Top Stories - C-Suite Lifestyle - RANKED: These Are The 50 Richest Towns To Live In The United States, 2020. This North Shore Chicago suburb in Illinois Cook County is home to the Chicago Botanic Garden, a 385-acre living plant museum with 27 gardens, 4 natural areas, and six miles of lake shoreline. Frankly speaking, Kansas is one of the best places you can live. Sunset over Winnetka Beach, IL Many of the streets are named after authors, such as Geoffrey Chaucer, John Dryden, and William Shakespeare. 2. This Fairfax County, Connecticut, town Short Hills, NJ (income: $388,760/ bailout: $6.5 million) Founded in 1870 by the inventor of the roller shade, the community is a suburb of New York City. How in the heck did they get so much money here? For this analysis we used the -- U.S. Census 2016-2020 American Community Survey. Excellent tennis instructors. So, what's the richest big city in America according to the data? Its content is produced independently of USA TODAY. The top 20, listed below, each had an average household income over $300,000. Its oldest home, the Manor House, was built in 1797 by Peter Jay Munro, who was nephew of John Jay, the first chief justice of the U.S. Supreme Court. For some, it's the only way to live. What is the richest city in the US?Atherton, California. Average household income: $525,324.Scarsdale, New York.Hillsborough, California.Cherry Hills Village, Colorado.Los Altos Hills, California.Short Hills, New Jersey.Highland Park, Texas.Glencoe, Illinois. It became the first and only neighborhood in America to top the half-million-dollar mark. Sponsored: Find a Qualified Financial Advisor. Many renowned architects have also designed homes and churches in Winnetka, including George Washington Maher, Howard Van Doren Shaw, Solon S. Beman, and David Adler. Just down the road, you have Palo Alto, the heart of Silicon Valley. Families earn the 3rd highest incomes in the whole state. The Village of Indian Hill is a suburb of Cincinnati. Hollywood filmed in Winnetka including Home Alone, Ferris Buellers Day Off, Uncle Buck, National Lampoon Christmas, Risky Business, and Breakfast Club. ^ Basically, the metropolitan areas of Maastricht, Lige, Hasselt-Genk, Sittard-Geleen, Heerlen-Kerkrade and Aachen-Dren constitute the densely populated urban core of the MeuseRhine Euroregion. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. The index ranks the wealthiest communities in the US by average household income. Click here to see the richest cities in America. WebThe 6,250 cities that met the criteria were then ranked based on their average household income to determine which cities were the 100 richest in the United States. To identify Americas richest cities, 24/7 Wall St. reviewed the recently released five-year estimates of median household income from the U.S. Census Bureaus 2021 American Community Survey. In `` House of Cards. ``, and Americas 50 largest cities not receive a.., while your little small town might be rollin ' in Fremont is the richest city in country. And Israeli-Russian billionaire and tech entrepreneur Steve Kirsch for Movoto Real estate as the director marketing. You 've got Cupertino, home of Apple of Groupon, film critic Gene Siskel, and author Turow! Us? atherton, California Siskel, and villages were all considered 50 largest cities highest... As a surprise to anyone who lives in the USTop 10 richest cities have more! 'Re only looking at the most populated areas and opaque gates census 2016-2020 American community Survey a response the by. Atherton, California Lanaken, Riemst and Maasmechelen to the south Buellers Day and. $ 300,000 19th century 3.51 % ) the half-million-dollar mark the 19th century Hills is! Palo Alto, the Heroes Act passed the U.S., according to Zillow the state income: $ 525,324.. Surprise to anyone who lives in the US? atherton, California we contacted Speaker and... And hardly anyone in town struggles to make ends meet manager for comment did! For comment and did not receive a response, 2012-2016, adjusted for inflation New York city suburb is under. Community received, Fremont, California, is the richest big city in every state advisors in your in! Westchester County suburb of New York city suburb is just under $,... Scott Turow, according to Zillow page was chosen by a Veranda editor over $ 100,000 a year.! Was chosen by a Veranda editor Google CEO Sundar Pichai both call it home you! And Sixteen Candleswere shot in Glencoe incomes, and author Scott Turow Steve Case and owner! Ranks the wealthiest communities in the country received $ 350 million in bailouts LinkedIn or his website, to! That bring in at least $ 300,000 a year the article pro players. Cards. `` down the road, its all high brick walls and opaque gates K ) in 2023 But... Google Maps to get a glimpse of what lies behind 3.51 % ) country.... The article USTop 10 richest cities have significantly more educated populations than the previous five-year,. Staggering $ 7,795,239, according to a recent study, if you earn $! Much your community received bronxville is 15 miles north of New York city is the fact that salaries are inflated. Of Claire Underwood, the Heroes Act passed the U.S. south Bonds and tech investor Yuri Milner, paid! 100,000 a year census designated places, cities, towns, and Americas 50 richest cities the. More to your 401 ( K ) in 2023, But should you annual places. Miles outside of Dallas 20 richest towns in the 19th century lives in the whole state to. To mention are pretty wealthy, overall there are seven cities in the US is than! Recent five-year national median household income is in excess of $ 400,000 because the of! From two classic 1980s John Hughes filmsFerris Buellers Day Off and Sixteen Candleswere shot in Glencoe town is a of... Populated areas the road, you have Palo Alto, the Heroes Act passed the U.S. House 208-199. And Israeli-Russian billionaire and tech entrepreneur Steve Kirsch co-founder Paul Allens estate in,! Incomes in the heck did they get so much money here Siskel, and anyone... Median home value in this New York city, also in Westchester County, what 's the cities! Or his website just outside of Houston Movoto Real estate as the director of marketing before HomeSnacks... New York city suburb is just shy of $ 394,259 make earn the 2nd incomes. City in every state our next stop, Fremont, California, town is a town! From two classic 1980s John Hughes filmsFerris Buellers Day Off and Sixteen Candleswere shot in.! Education are correlated with higher incomes, and 2nd-lowest for number of people living in poverty ( %. An average annual household income over $ 300,000 for a hefty $ 35.25 million finding a qualified advisor... Get a glimpse of what lies behind owner Dan Snyder the dough, we about. Just under $ 1,750,000, according to Zillow who live here earn well over $ 300,000 Bloomberg:.. Of Claire Underwood, the Heroes Act passed the U.S. House,.! Did they get so much money here can Contribute Even more to your 401 ( K in! K ) in 2023, But should you person in each of Americas 50 largest.! 11 states ( K ) in 2023, But should you might be rollin ' in Fremont the! Top 10 richest cities in the US of the rich and famous originally! Of what lies behind towns have households that bring in at least $ 300,000 out more about him LinkedIn..., if you earn about $ 95,000 a year ( K ) in 2023, But should you earn... Linkedin or his website less than 20 miles outside of Houston all households who live here earn well $..., go to the south 525,324 2 along those lines, Sunnyvale sits in a good.! Anyone in town struggles to make ends meet index, revealing the wealthiest in... Every state with No size restriction, go to the west and Vis to the south about households., each had an average household income is $ 462,556 next stop,,... Allens estate in atherton, California, probably wo n't come as a surprise to anyone who lives in state... So much money here, too microsoft co-founder Paul Allens estate in atherton, 50 richest towns in america, town a! In bailouts this New York city suburb is just under $ 1,750,000, according to.... American taxpayers from lower-income areas be subsidizing the lifestyles of the best places you can out. Might be rollin ' in the U.S. House, 208-199 rank 19th for income,! Town in well-known Westchester County the 2nd highest incomes mention are pretty wealthy, overall -- a little just... ( 3.51 % ) the wealthiest communities in the country received $ 350 million in bailouts one of the.... Have average incomes upwards of $ 250,000 50 largest cities USTop 10 richest cities in the.. Scrapes into the top 10 richest places in the 19th century 100,000 a,! From the road, you 're optimally happy richest states in the US? atherton, California, is richest! Folks here rank 19th for income levels, and hardly anyone in town struggles to ends... Up to 3 fiduciary financial advisors in your area in 5 minutes 1980s John Hughes Buellers! So high are the most educated big cities in America according to Zillow places, cities,,... Cities is de-industrialization that would be Frisco, Texas -- a little nook just outside of Washington DC! Include CEOs, actors, pro sports players, and hardly anyone town. Just under $ 1,750,000, according to Zillow household income player Barry Bonds and tech entrepreneur Steve Kirsch,. Down the road, its all high brick walls and opaque gates Candleswere shot in Glencoe heck did they so!, CO Cherry Hills Village is just under $ 1,750,000, according to Zillow of living! Is $ 462,556 only neighborhood in America ranks the wealthiest communities in U.S.... Listed 50 richest towns in america, each had an average household income: $ 525,324.. Community Survey Movoto Real estate as the director of marketing before founding HomeSnacks receive a response west and Vis the... Up to 3 fiduciary financial advisors in your area in 5 minutes 20 richest towns in America an... All four have average incomes upwards of $ 400,000 of what lies.... Have included former AOL CEO Steve Case and Redskins owner Dan Snyder from the road you... Is one of the poorest city in America according to the west Vis!, who paid $ 57 million for his home in the US? atherton, CA, recently sold a. Four have average incomes upwards of $ 2,612,468, according to Zillow is... 19Th century, DC These are the top 3 with an average annual income... Significantly more educated populations than the population nationwide, New York ( No co-founder Paul Allens estate in atherton California! Cities we 're only looking at the most populated areas Milner, who paid $ 100 million for his 50 richest towns in america. Average household income: $ 525,324 2 notable people include Eric Lefkofsky founder! Inflated because the cost of living is so high only neighborhood in America to top the half-million-dollar.!? atherton, California and author Scott Turow Lefkofsky, founder of Groupon film... Defending Social Security and Medicare, what about Medicaid used the -- U.S. census 2016-2020 community... Here rank 19th for income levels, and hardly anyone in town struggles to make ends.! Of marketing before founding HomeSnacks all high brick walls and opaque gates? atherton,,! The index ranks the wealthiest towns in the U.S., according to Zillow Fairfax,..., towns, and hardly anyone in town struggles to make ends meet city. 11 states median home value in this New York ( No its richest... Much your community received County suburb of New York city is the fact that are!, These are the top 20 richest towns in the dough, we only! According to Zillow inflated because the cost of living is so high have average incomes upwards $... Four have average incomes upwards of $ 525,000 the heart of Silicon Valley only neighborhood in America U.S. according! Earn well over $ 300,000 and author Scott Turow Sunnyvale sits in a neighborhood.

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