Source: Bloomberg. Median household income: $80,513. Here in Utah, things couldn't be more odd. The typical home in University Park is worth $1.2 million, compared to the median home value of $161,700 statewide. It became the first and only neighborhood in America to top the half-million-dollar mark. The typical Spring Creek home is worth $225,400, less than the $242,400 state median home value. This city in the oil-rich Bakken Formation soon found itself home to fracking millionaires. Another appealing aspect of the area for millionaires: It's a straight shot down Interstate 80 to reach Sacramento, the state capital, and San Francisco. The typical Montana City household earns $93,194 a year, the most of any small city or town in Montana and far more than the $52,559 state median household income. The facility has a nearly $3billion annual budget and employs some 13,000 people -- about two-thirds of whom have a college degree. Antigua and Barbuda Citizenship by Investment Program (CIP), St. Lucia CIP: Saint Lucia Citizenship By Investment Program, Vanuatu CIP: Vanuatu Citizenship By Investment Program, Montenegro Citizenship By Investment Program (CIP), Moldova CIP: Moldova Citizenship By Investment Program, Turkey CIP: Turkey Citizenship By Investment Program, Portugal Golden Visa Program. Its richest municipality, Dalton Gardens, has a median household income of just over $71,000, which is lower than that of any other municipality on this list. The Boston suburb of Winchester has a median household income of nearly $160,000 a year -- more than double the statewide median of $77,378, which itself is one of the highest among states. . Median household income: $74,172 (state: $43,567), Poverty rate: 3.8% (state: 20.8%), Median home value: $177,900 (state: $114,500). Heber boasts world-class recreational activities for the wealthy and regular Joes alike. Median household income: $72,537 (state: $55,425), Poverty rate: 10.6% (state: 12.5%), Median home value: $218,800 (state: $184,500). Oak Harbor itself plays host to nearby Naval Air Station Whidbey Island. Glencoe - $308,625. It is one of the most educated towns in the state, with 48% of the population holding a bachelor's degree. Microsoft co-founder Paul Allens estate in Atherton, CA, recently sold for a hefty $35.25 million. 10 Ridgewood, New Jersey . He has written for The Wall Street Journal, Bloomberg, Consumer Reports, Senior Executive and Boston magazine, and his stories have appeared in the New York Daily News, the San Jose Mercury News and Investor's Business Daily, among other publications. A far higher than average share of workers in Buckner work as health diagnosing and treating practitioners, which are generally high paying jobs. 4); and Los Altos Hills, California (No. NEW ALBANY, OH A Bloomberg report identified the 100 richest towns in America, and three Ohio cities made the cut. Naturally, this tony locale is not easy on the wallet, as evidenced by the exorbitant real estate prices. Estimates of millionaire households provided by Phoenix Marketing International. Atherton is joined by Scarsdale, New York (No. The Claremont-Lebanon micro area abuts Laconia and has plenty of its own attractions, as well. The U.S. poverty rate is 14.1%. Bloomberg released its annual list of the richest town . The title of most expensive town in Florida goes to the South-West beachside paradise, Boca Grande. More importantly, it makes Laconia a relatively easy drive from points farther south where millionaires maintain their primary residences. All Rights Reserved. While the economies of rural areas are believed to be less exposed to these effects, the virus has adversely affected all parts of the U.S. Problematic logos: Does it really matter if Aunt Jemima and Uncle Ben get retired? Tourism is a key contributor to the local economy, thanks to the nearby New Hampshire International Speedway, as is the state's increasing emergence as a center of high-tech manufacturing. The tiny town about 35 miles northwest of Santa Fe is home to a government nuclear weapons laboratory and a number of chemists, engineers and physicists. Median Home Value: $288,200. 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. Grant Suneson, Evan Comen and Samuel Stebbins. The self-made hyper-rich say these things are the key to getting there. Its closest competitor, the quaint Hamptons village of Sagaponack, had a median price that, at $3.9 million, was about half of Atherton's. Keep reading for a closer look at the 27 most expensive . Rank City Income; 1. In Avondale Estates, 74.8% of adults have at least a bachelor's degree, the largest share of any city in Georgia and more than twice the state college attainment rate of 30.7%. Access to these two hubs for high-paying jobs is likely a major contributing factor in Belvedere's high incomes -- the city has a median household income of over $223,000 -- the highest in California and one of the highest in the nation. The wealthiest town in the state, Destrehan's median household income of $92,052 is nearly double the median income across Louisiana of $47,942. #2. The following list of cities is limited to "micropolitan" areas, which the Census Bureau defines as urban clusters with populations between 10,000 and 50,000, "plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties.". The typical home in Hampton is worth $358,300, far more than both the state median home value of $252,800 and the $204,900 national figure. T-shirts, pillows, running shoes and even underwear are being sold, Hertz is selling thousands of used cars in its fleet in bankruptcy at bargain prices, Money tips and advice delivered right to your inbox. A wealthy suburb of the Omaha metro area, Papillion has grown from approximately 1,000 residents in 1950 to more than 20,000 today. Austin, Texas. Less than 2% of the town's 5,500 residents live below the poverty line, a fraction of the state poverty rate. Then oil prices collapsed in 2014 and some folks even started pulling up stakes. Median household income: $93,364 (state: $51,424), Median home value: $205,100 (state: $130,900). "The homes in Atherton are spectacular," Swann told CNBC Make It. With a median income of $123,220, Buckner is the wealthiest place in Kentucky. Here are nine of the best stocks for rising interest rates. Perhaps best known is Hanover, N.H., which forms the northern tip of this urban agglomeration. Even in one of the wealthiest states, Greenville stands out as especially affluent. We have yet one of the Richest Cities in California on our list at the eight spot and that is Oxnard-Thousand Oaks-Ventura. Seattle-Tacoma-Bellevue. 30.0. Median household income: $75,441 (state: $62,268), Poverty rate: 11% (state: 11.1%), Median home value: $217,400 (state: $213,300). A suburb of Kansas City, Fairway, like many small cities and towns on this list, is well within commuting distance of employment opportunities in a major city. The typical home in Rock Springs is worth $217,400, slightly more than the $213,300 state median home value. This is further evidenced by rapid population growth. The poverty rate in Dalton Gardens is 3.6%, a fraction of Idaho's 13.8% poverty rate. Happily, for all of Elko's residents, Nevada is a no-income-tax haven, and one of Kiplinger's top 10 most tax-friendly states. A popular New England vacation destination, Hampton is home to some of the most expensive houses in New Hampshire. Sean Hannity is the wealthiest anchor on television. Published 6 January 23. real estate Here are the top 10 richest places in the U.S., according to Bloomberg: For the full list of 200, take a look at Bloomberg's ranking. Tiny Easton, on the Eastern Shore of the Chesapeake Bay, prides itself on its out-of-the-way feel, with country farms mixing with lavish waterfront estates. Analysts say a tough 2022 has left these small-cap stocks priced for outperformance in the new year and beyond. Examples of investable assets include cash, stocks, bonds and funds, among a bunch of other types of investments and financial products. For each location in the U.S., Bloomberg evaluated inflation-adjusted household income data from the past 12 months, with a minimum of 2,000 households, and ranked each by average household income. The town is centered by Hidden Valley Lake. Indeed, former presidents Bill Clinton and Barack Obama have summered there, and Jacqueline Kennedy Onassis long maintained a home on the island. Idaho's median annual household income is just over $53,000, which is lower than the majority of states. It also can get a bit crowded. Places like Dickinson, located in the oil-rich Bakken Formation, were mining millionaires. Median household income: $80,135. Incomes in the town are so high likely partly because of the residents' high level of education -- more than two-thirds of Highland Lakes residents 25 and over hold at least a bachelor's degree, one of the larger shares of any small city or town in Alabama. An 85-year Harvard study found the No. America is often known in the world as the . This abandoned high school was converted into a 31-unit apartment building. Jim Walton is the last heir to the Walmart fortune. Published 17 January 23. places to live Prince William County, Virginia $106,200 This table shows the astonishing list of wealthiest counties in America by average household income. The typical household in Avondale Estates earns $108,299 a year, nearly twice the state median income of $55,679 and far more than the national figure of $60,293. 5,104) over $200,000: 2. Top 100 cities with highest median household income Previous toplist Next toplist . The typical household earns $214,477 a year, more than three times both the state median household income of $59,570 and the $60,293 national figure. Multiple bodies of water including Donner Lake, where the Donner Party met its gruesome demise, make the entire area a recreational haven for water sports. Back out things such as the value of real estate (the bulk of most folks' wealth is tied up in their homes), employer-sponsored retirement plans and business partnerships, and only 6.7% of American households qualify as millionaires. Sign up here, Median household income: $203,194 (state: $54,533), Poverty rate: 2.5% (state: 14.5%), Median home value: $494,600 (state: $140,000). Median household income: $210,511 (state: $76,106), Median home value: $1,461,100 (state: $272,700). By Kyle Woodley Long work hours means more stress and less family time. No need to worry about health care, either. But the area offers much more than pricey lift tickets and celebrity spotting. Median household income: $123,220 (state: $48,392), Poverty rate: 11.5% (state: 17.9%), Median home value: $328,000 (state: $135,300). His wealth has rocketed to $10.9 billion from $4.6 billion in 2020. Fairfax County, which includes the independent cities of Fairfax City and Falls Church, remains one of the . [2] Sree Venkateswara Swamy Temple. The micro area even holds a charming Swiss-themed village. The Evergreen State makes the cut because it doesn't have an income tax. (See below for yet even more examples.) Less than 1% of people in Robins, Iowa, live below the poverty line, and more than 22% of households in the town earn more than $200,000 annually. Edgeworth was originally developed in the late 19th century as a haven for managers and professionals wanting to escape the pollution of industrialized Pittsburgh, and today it has some of the most expensive homes in the state. The typical home in Fairway is worth $352,000. Median household income: $105,000 (state: $57,422), Poverty rate: 2.7% (state: 12.4%), Median home value: $352,200 (state: $145,400). In Oak Hill, some 78.2% of adults have at least a bachelor's degree -- about three times the 26.6% state college attainment rate and by far the most of any small city or town in Tennessee. Building on this momentum, Duke Energy Corporation and the state's rural electric . Median household income: $131,354 (state: $63,473), Poverty rate: 1.5% (state: 10.9%), Median home value: $293,800 (state: $185,000). Median household income: $92,052 (state: $47,942), Poverty rate: 3.6% (state: 19.4%), Median home value: $234,500 (state: $157,800). Clarkson Valley is the only small city or town in the state where more than 75% of the adult population has a bachelor's degree or higher. Looking to buy a car? ", 91 Top Dividend Stocks From Around the World. The Federal Reserve has been aggressive in its rate hiking, and it's likely not done yet.