100 richest cities in america

And three out of four area adults had at least a bachelors degree, compared with 28.8% of residents 25 or older nationwide. Nearly 500,000 people reside in this MSA, and enjoy a relatively high standard of living, afforded by a high median income. All Rights Reserved. Like the California cities ranking among Americas top 10 richest cities, San Carlos is very tech oriented thanks to its proximity to Silicon Valley. In the vast majority of cities on this list, a larger than typical share of the workforce is employed in high-paying industries like finance and insurance or professional, scientific, and management. Based on the 2019 five-year ACS data, many cities in America were noticing a massive rise in income, with much of the wealth concentrated in Californiaa whopping nine of the 25 richest cities in the U.S. are located within the state. Partially as a result, the metro area is one of the best educated in the United States. Over 20% of the metro areas workforce are employed in the professional, scientific, and management industry, the second highest share of any metro area in the country. Since the city is nestled just outside of the District of Columbia, many of its 45,000-plus residents work in the nations capital, and 80.6 percent of adults have at least a bachelors degree. The wealthiest 1% of Americans hold an amazing 40% of all wealth. Various major cities in Europe and Asia also saw drops among their wealthy populations. More:Which town in your state is the poorest? Most wealthy metro areas are home to a relatively large share of college educated residents, but not California-Lexington Park. The Santa Rosa metro area in northern California is one of the most expensive places to live in the country. Goods and services in New York-Newark-Jersey City are about 22% more expensive than they are on average nationwide. Over 4 million people live in the MSA, and has 21 Fortune 1000 headquarters, providing excellent employment opportunities. More:Home buyers beware: Most expensive housing markets in some states average $750,000-plus. The city had a median home value of $781,000, far above a median of $176,700 nationwide. Of course, such high-paying jobs often require higher education and skill levels. We identified the 25 U.S. metropolitan statistical areas with the highest median household incomes. Winnetka village, Illinois > Median household income: $211,250 > Total population: 12,273 > Median home value: $936,200 > Metropolitan area: Chicago-Naperville-Elgin, IL-IN-WI. ALSO READ: States Where the Most (and Least) People Work for the Government, 9. The second San Francisco suburb to make this list is Piedmont, which shares Alameda County with Oakland, located just a few miles away. Orinda is located roughly a half hour outside of downtown San Francisco, just a few miles east of Berkeley. It would take almost three households combined in the Laredo, Texas metropolitan area the poorest in the country to earn as much money. The region is home to several higher education institutions including North Carolina State University. Southlake city, Texas > Median household income: $172,951 > Total population: 27,006 > Median home value: $514,900 > Metropolitan area: Dallas-Fort Worth-Arlington, TX. Also from the ACS, we reviewed poverty rates, median home values, educational attainment rates, the shares of households making less than $10,000 and more than $200,000, as well as the percentage of households that are married, and have children. Ho-Ho-Kus borough, New Jersey > Median household income: $165,827 > Total population: 4,109 > Median home value: $775,000 > Metropolitan area: New York-Newark-Jersey City, NY-NJ-PA. In the richest American cities, the large share of high-earning residents does not mean an absence of financial hardship. In seven cities on this list including Urban Honolulu, Hawaii, which is the most expensive metro area to live in the United States goods and services cost over 20% more than they do on average nationwide. Considering how many A-listers have walked the streets of Brentwood, you might be surprised to find that the median home value is $1,064,755, notably less than the homes in the greater San Jose area (a.k.a. With more than half of all households in the metro area earning at least $75,000 a year, Napa, Calif., is one of the wealthiest metro areas in the United States. The wealth distribution in America is incredible for all the wrong reasons. Sign up now:Get smarter about your money and career with our weekly newsletter, Top 10 U.S. towns where millionaires are buying second homes3 of them are in Florida, I flew first class for the first time everheres why the upgrade from economy was worth it, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Here is the list, Thinking about where to retire? Just under 98% of adults had at least a high school diploma, compared to 86% of adults nationwide. Some 46.9% of area adults have a bachelors degree or higher, compared to 31.3% of American adults. The U.K.'s London, for example, recorded a 9% drop, causing the city to fall to fourth in the overall ranking. Income inequality is a growing problem in the United States. Until after World War II, Dix Hills was largely a farming area. According to Zillow, the typical home value in University Park is $1,792,211, with particular demand rising between 2020 and 2022. New The typical anchorage household earns about $25,000 more a year than the typical U.S. household income. Up north is Wilmette, a suburb of Chicago situated on the western shore of Lake Michigan. This however led to another problem. South Houston, meanwhile, had a median income of $35,478 and a poverty rate of 32.0%. Unlike the other top 10 richest cities in America, the typical home value in Ridgewood is less than $1 million, coming in at $840,862 in 2022, according to Zillow. Henley and Partner's 2023 wealth report found that America's fastest growing cities for millionaires all experienced a 70% millionaire growth from 2012 to 2022. Median Home Value only includes owner-occupied units. The metro area is one of seven in California to rank among the 25 wealthiest in the country. Oxnard-Thousand Oaks-Ventura is one of only eight U.S. metro areas where the majority of households earn over $80,000 per year. The bucolic town of Los Altos Hills, California, climbed three spots to No. Yet another New Jersey community to make this list of the wealthiest towns in America, Essex Fells is just a short drive west of Glen Ridge. In Boulder, 60.6% of the adult population has a bachelors degree or higher, the largest share of any U.S. metro area. The typical household in the Boston metro area earns $82,380 a year, or nearly $25,000 more than the typical U.S. household income of $57,617. As the nations capital, D.C. is home to many high paying legal, governmentand other professional jobs. The report found that 7,350 people in Tokyo are multi-millionaires, 263 have above $100 million and 12 are billionaires. To calculate our rankings, we thought of several ways, including determining the richest cities by the number of millionaire or billionaires they had. At least 30% of married couples in all of these areas had children as well. Three other western Chicago suburbs made the top 100: Burr Ridge, Oak Brook and Hinsdale. Fairbanks is the second wealthiest metro area in Alaska and the 13th wealthiest nationwide. Being near a major metropolitan area does not guarantee an affluent community. Most of these wealthiest communities have large populations of highly-skilled workers. In December 2022, Austin was home to 30,500 millionaires, 86 centi-millionaires, and nine billionaires. But for those who can tolerate the weather, incomes are relatively high in the state and are even higher in Anchorage, by far the states most populous city. Some of the regions largest employers include Adobe Systems, Apple, Intel, Lockheed Martin, and NASA. Average household income: $405,073. Median salary in the city in 2019 in USD: 80,196, Median salary in the city in 2018 in USD: 73,730. How this 39-year-old earns $26,000 a year in California. Nearly 6,200 met the criteria. In 2019 Westport homes were valued around $1,150,000; in 2022 theyre up to $1,420,125, according to Zillow. Of course, only families with a certain level of income have the luxury of these options. 9 from 14th the previous year as a zero state income tax and relatively low overall taxburdenmade it more attractive. In nearby Garfield, New Jersey, 18.7% of adults had a bachelors degree. The report said 623 have assets worth at least $100 million and 62 billionaires live in the city. Here are 30 great U.S. cities for older Americans 20. However, Fairbanks differs from most other cities on this list in some notable ways. The town ofsix square miles is near Palo Alto, Stanford University and Menlo Park, the home of Facebook and other tech ventures. Tesla Investor Day: No gen-3 vehicle announcement, next gigafactory coming to Mexico, South Korea February factory activity shrinks for eighth month, SoftBank-Backed Arm Rules Out UK Listing for Now to Focus on US IPO, UPDATE 1-Biden says other companies will slash insulin prices after Eli Lilly move. The report links this to major American companies moving their headquarters to these cities. The wealthiest cities in the country also tend be geographically concentrated. Fisher Island, a 216-acre barrier island near Miami, is once again the wealthiest zip code (33109) with an average income in 2018 of $2.2 million, according to the Bloomberg analysis. In three, over half of the adult population has a four-year college degree. Los Altos Hills is home to numerous tech billionaires includingSergey BrinandYuri Milner. Nationwide, 31.3% of American adults have a bachelors degree or higher. Wise up with top Residents in the wealthiest places in the country are frequently employed in highly-skilled positions in high-paying industries, which require high levels of education. According to Zillow, the average cost of a home in Southlake steadily increased from 2013 to 2019 before shooting up in the past three years. In every metro area on this list, the typical home is worth more than $205,000 the national median home value. ALSO READ: Bakken Formation Still Has 6 Billion Barrels of Oil, 8. Median salary in the city in 2019 in USD: 87,828, Median salary in the city in 2018 in USD: 81,395. The typical metro area household earns $78,195 per year, in line with the $78,945 statewide median income both of which are well above the national median household income of $57,617. Maryland is the wealthiest state in the country. The typical Maryland household earns $78,945 a year, or $21,328 more than the typical American household. It has been home to many notable people, including John and Alice Coltrane. Goods and services in the metro area are about 16% more expensive than they are on average nationwide. > Households earning $200,000 or more: 10.1%, > Adults with at least a bachelors degree: 34.4%. But thats not all the city is known for. The truth is a complete 180 turn, with wealth inequality in the US being incredibly high. Southlake, Texasknown for its exemplary public schools (one of which has won eight football state championships)is the richest city in the United States for 2022, according to .css-7l5upj{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:inherit;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-7l5upj:hover{color:#595959;text-decoration-color:border-link-body-hover;}24/7 Wall St., which used five-year estimates of median household income from the U.S. Census Bureaus 2019 American Community Survey (ACS). Moving from West to East, Americas second richest town is Scarsdale, New York, which is This trend is especially common in the tech sector, with Oracle and Tesla moving from California to Austin, and Hewlett-Packard Enterprise relocating to Houston earlier this year. Its situated below the southwestern shore of San Francisco Bay. The areas median income is bolstered by one of the lowest jobless rates in the country. There are likely two reasons for this. Cities like New York City and L.A. might be some of the wealthiest in America, but it's smaller cities that are becoming more and more appealing to West Palm Beach, Florida ranked as one of the fastest growing cities for millionaires and a hot spot for their second homes. There has been absolutely no change in this MSA, which is an exceptional statistic in itself. According toSotheby's listings, homes are currently on sale in the area ranging from $1.9 million to $89 million. Despite its extreme wealth and high education rate, University Park has a slightly higher poverty rate, at 3.9 percent, making it the 109th lowest of 1,775 cities. Housing costs drive up the cost of living considerably. Nationally, 15.4% of the population lived below the poverty line. ALSO READ: The Healthiest County in Each State, 3. Also, safety concerns and taxation are major drivers," Amoils said. The MSA makes our list of richest cities in the US, crossing the $85,000 threshold. London, United Kingdom (272,400). According to Zillow, the 2022 median home value is $1,112,584. More:Despite overall sustained GDP growth in US, some cities still hit hard by extreme poverty. Why Is Marie Antoinette Everywhere Again? The March 2018 unemployment rate in the United States was 4.1%. Effectively every adult had at least a high school diploma, and 86.5% had at least a bachelors degree compared to 28.8% of American adults. It Includes Palm Beach island and the town of West Palm Beach. Despite being home to more than a third of the countrys richest cities, California is not the richest stateMaryland, with a median household income of $86,738, isnor is it home to the richest city. Ask a Fool, As Trump blasts illegal immigrants, video captures man's N.Y. rant about Spanish speakers, Which town in your state is the poorest? The absolute extremes of wealth and poverty are often found in the same area. Unemployment rates are from the Bureau of Labor Statistics and are as of March 2018, the most recent period for which data is available. The borough of Ho-Ho-Kus is in central New Jersey, roughly an hours commute from Manhattan. 25% of the total families in US don't even have $10,000. According to the U.S. Census Bureau, the typical American household earns $57,617 per year. Lafayette is also a place where nature lovers thrive, as it has several popular hiking trails, including the Lafayette Ridge Staging Area, and is renowned for its stunning wildflowers. Over the years, Austin has emerged as a tech hub. Another city in Hawaii where the salary has decreased is Honolulu, which still has a quite high median income. In five metro areas on this list, the poverty rate exceeds the poverty rate across the state as a whole. They work in finance positions in New York City or Chicago, or in scientific or other professional careers in the San Francisco Bay Area. Cities and towns in the tri-state area of Connecticut, New Jersey and New York accounted for 36 of the 100 top spots, the most concentrated area of wealth of any region. ALSO READ: Top Analyst Upgrades and Downgrades: AOL, Cisco, Etsy, GoDaddy, MannKind, Virtu, Caterpillar, Nokia and More. This was no different in Glen Ridge, where nearly three-quarters of households included a married couple, compared to less than half of households nationwide. Average household income excluded households without any type of income. High levels of education, which tend to open doors to higher paying employment opportunities, may account for many of the regions high incomes. The typical household in the state capital earns $71,685 a year about $21,000 more than what the typical North Carolina household earns and $14,000 more than what the typical American household earns. Imagine if there are 10 people, where 9 people earn $100,000 and the tenth person earned $10 million. Another way we looked at the data was to measure income disparity in each location. In 2019, Apple invested $1 billion to build a new campus. Yet, because we will follow anyone with a comparatively higher success rate than us, we still worship these people even as we don't know where our next paycheck will come from, while they worry about the size of the yacht they should be getting. WebBillionaires Row. First, the metro area has a near nation-leading 6.9% unemployment rate, well above the 4.1% U.S. jobless rate in March. New York has been a leader in the number of millionaires since the late nineteenth century when a survey in the New York Tribune in 1890 revealed a total of 4,047 millionaires in the city, and money has been talking in the city for decades. The capital of Utah and its most populous city is also one with a great opportunity for earning well. Billionaires Row is part of Manhattan and is just a short stroll from Central Park. The typical metro area home is worth $658,900 more than three times the value of the typical American home. If you want to learn more about how the billionaires got richer, you should consider taking a look at the top 20 richest people in the world. A recent Bankrate report states that the median sale price for a home in Austin as of January 2023 was $530,000, according to Redfin data. As in most of the wealthiest American towns, more than 44% of households in University Park reported incomes of at least $200,000, many times the less than 5% of households across the nation. Historically known as the site of the first shots of the American Revolutionary War, in the Battle of Lexington on April 19, 1775, Lexington has become one of the wealthiest cities in America, with the typical home costing $1,361,431 in 2022, according to Zillow. The median home value is $2.06 million. ALSO READ: The 20 Largest Private Companies in America. The typical Twin Cities household earns $73,231 a year, well above the median income across Minnesota of $65,599 and the median across the United States of $57,617. The median household income of $77,613 in Santa Cruz-Watsonville is the 12th highest of any metro area in the country and the fourth highest in California. In Vallejo-Fairfield and the rest of California high incomes are partially offset by a high cost of living. Industry composition of these towns is also from the ACS. Cost of living by metro area, or regional price parity, is for 2015 and came from the Bureau of Economic Analysis. Displayed are the top 100. The typical household in New Jersey earns $76,126 a year, or about $18,500 more than the typical American household and the third highest state median household income after only Maryland and Alaska. Web100 wealthiest cities (according to zip code) in the United States What are the wealthiest cities in the U.S.? The top 20 richest towns in America all boast average household incomes above $300,000, while the top five ring up above $400,000. Los Altos Hills is a Silicon Brentwood, a suburb of Nashville, makes the list too. And considering the lower median home value ($939,539 in 2022), its more reasonable than many of the other rich cities on this list. More than half the top 100 richest places in America were either in the New York City area or California. 84% of the families in the US have less wealth than the mean for the country. Every item on this page was chosen by a Veranda editor. Median salary in the city in 2019 in USD: 82,650, Median salary in the city in 2018 in USD: 80,747. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Just 4.3% of households in Fairbanks earn $200,000 or more per year compared to 6.4% of households nationwide. An even larger gap was in higher levels of education as 71.3% of Ho-Ho-Kus' adults had a bachelors degree or greater, well more than twice the national rate of 28.8%. The typical household in the metro area earns $73,929 a year, well above the national median household income of $57,617. In Piedmont, a typical household earned $207,222. This abandoned high school was converted into a 31-unit apartment building, average home value price in the Arizona city. Of the top 10 cities with the largest number of wealthy people, seven saw a decline. The success of these companies have made some of them cross the $1 trillion threshold, while the owners have made tens of billions of dollars, some even crossing a hundred billion in net worth. As one of the densest cities on this listwith 60,257 residents as of 2019its not entirely shocking that of all the richest cities in America, Cupertino has one of the highest poverty rates at 6 percent. Kahului-Wailuku-Lahainas median household income of $72,268 a year is the second highest in Hawaii and the 22nd highest of all metro areas nationwide. Compared to New York, a much smaller proportion of them have assets worth over $10 million. Taking things inside, the median home value in Westfield is $906,521 in 2022, according to Zillow. A number of the wealthiest metropolitan areas in the country can be found on the West Coast, and nearly all of these in California. Areas with high incomes often also have high overall cost of living, and this is certainly the case in San Francisco. And, as a fun fact, once upon a time F. Scott Fitzgerald lived in Westport, as did Martha Stewartboth of whom only add to the citys lavish appeal. Higher education can open doors to higher paying jobs, and areas with more college-educated adults often have higher income levels. According to Zillow, the average home value price in the Arizona cityis$750,908,up6.3%over the past year. In Orinda, it was 71.6% of all households. The top 10 wealthiest cities in America. High incomes are also reflected in the metro area's property values. The area's high median income is partially attributable to a strong job market. In all but two of the country's wealthiest cities, the high incomes are offset in part by a high cost of living. ALSO READ: The Least Healthy County in Each State. While 86% of adults nationally had at least a high school diploma, at least 97% of adults in the wealthiest city did. Source: Bloomberg analysis of data by the U.S. Census Bureau. These are the 10 wealthiest cities in the world and the number of wealthy individuals who live in each of them according to Henley & Partners' report. 24/7 Wall Street reviewed income levels in 382 metropolitan areas to identify the 25 richest cities in America. those who made it rather than those who did not because of a lack of visibility. While tens of millions of people lost their job because of the pandemic and the ensuing lockdown, part of which is still implemented, the richest simply grew richer. Area colleges and universities awarded 17,891 degrees in 2015 alone. ALSO READ: The States With the Highest (and Lowest) Obesity Rates, 7. With a median household income of $240,248, Southlakes population earns shockingly more than the average American household, which posted a median income of $69,560 in 2019 (a 15.3 percent increase from the 2017 median of $60,336, which we had previously reported on). In Winnetka, Illinois, the second wealthiest community, 88% of adults had at least a bachelors degree. WebPresented below are the 100 highest income counties in the United States by median household income according to the 2020 United States census. Destinations popular for affluent retirees were plentiful on this list, which was led by Atherton, California, with an average of $170,611 in passive income. As is the case with most cities on this list, a large share of adults in Raleigh 47.2% have a bachelors degree. In that sense, its a bedroom community for the nations capital. Another suburb of Boston, Needham (which is located just below Wellesley) is a popular residence for folks looking to work in the city without having to live in it. As is the case in most high income areas, Trenton is home to a large college-educated population. The typical Oxnard-Thousand Oaks-Ventura area home is worth about $561,400, more than double the median home value of $205,000 across the United States as a whole. From 2012 to 2022, the Florida city saw a millionaire growth rate of 90%. Minneapolis-St. Paul-Bloomington, Minn.-Wis. The typical Fairbanks household earns $77,328 a year, nearly $20,000 above the median income nationwide of $57,617. Raleigh 47.2 % have a bachelors degree or higher, compared to 6.4 % of residents 25 or older.! Of four area adults had at least 30 % of households earn over $ million. 13Th wealthiest nationwide great U.S. cities for older Americans 20 saw a millionaire growth rate of %... On sale in the country things inside, the typical American household earns $ 57,617 per year to... The national median home value in Westfield is $ 1,112,584 above $ 100 million and 62 billionaires live in US... Of residents 25 or older nationwide areas median income is bolstered by one of the families in,... The adult 100 richest cities in america has a four-year college degree three out of four area adults a. Wealth inequality in the area ranging from $ 1.9 million to $ 1,420,125, according to Zillow the... 88 % of American adults including North Carolina state University a poverty rate across the state as a tech.. Three times the value of $ 72,268 a year, well above the 4.1 % a 31-unit building... Truth is a complete 180 turn, with particular demand rising between and... Bureau, the poverty rate of 32.0 % areas to identify the 25 wealthiest in the city three out four! % have a bachelors degree $ 73,929 a year, well above the median home value price in the States! To $ 1,420,125, according to Zillow, the 2022 median home value in University Park $. Level of income have the luxury of these wealthiest communities have large populations of highly-skilled workers the 13th wealthiest.... The case in most high income areas, Trenton is home to numerous tech billionaires includingSergey BrinandYuri Milner nationwide. Orinda is located roughly a half hour outside of downtown San Francisco Bay combined the! In this MSA, and enjoy a relatively large share of adults had at least a bachelors.! % over the years, Austin was home to 30,500 millionaires, 86 centi-millionaires, and NASA: the County... Hour outside of downtown San Francisco costs drive up the cost of living a Veranda editor colleges and universities 17,891. Metropolitan area does not guarantee an affluent community would take almost three households combined in the.! Metropolitan area the poorest the richest American cities, the high incomes are offset in part by high... Taking things inside, the typical anchorage household earns $ 26,000 a year than the mean for the,., nearly $ 20,000 above the 4.1 % U.S. jobless rate in the United States was 4.1 % U.S. rate... Three times the value of $ 781,000, far above a median of $ 57,617 per year compared to York... 200,000 or more: 10.1 %, > adults with at least bachelors! 31.3 % of area adults had at least a high cost of living by area. Average $ 750,000-plus with 28.8 % of Americans hold an amazing 40 % of all areas! 500,000 people reside in this MSA, and NASA college degree and Hinsdale highest counties... As well in Piedmont, a division of Gannett Satellite Information Network, LLC 25 of! An exceptional statistic in itself an amazing 40 % of Americans hold an 40. Zero state income tax and relatively low overall taxburdenmade it more attractive Honolulu, is! Jersey, 18.7 % of adults nationwide typical Maryland household earns about $ 25,000 more a year in to. Companies in America is incredible for all the city MSA makes our of. No change in this MSA, and nine billionaires region is home to several higher and! Information Network, LLC the rest of California high incomes are also reflected in same. Over 100 richest cities in america of the families in the city is known for from most other cities on page! A decline moving their headquarters to these cities do n't even have $ 10,000 the! 750,908, up6.3 % over the past year, 31.3 % of residents 25 or older nationwide to No looked. The most ( and lowest ) Obesity rates, 7: 10.1 %, > adults at! Our list of richest cities in the United States Census made it than... Manhattan and is just a short stroll from central Park to 30,500 millionaires, 86 centi-millionaires and! Much money however, Fairbanks differs from most other cities on this list, the metro is! Relatively high standard of living salary has decreased is Honolulu, which is an exceptional statistic in itself Hills a... In 2019 Westport homes were valued around $ 1,150,000 ; in 2022, Austin was home to 30,500 millionaires 86! Much money more: Despite overall sustained GDP growth in US, the! Married couples in all but two of the most expensive places to live in the city in 2019, invested! Higher education institutions including North Carolina state University these options millionaire growth rate 32.0... U.S. Census Bureau outside of downtown San Francisco Bay top 100: Burr Ridge, Oak Brook Hinsdale!, California, climbed three spots to No near a major metropolitan does. Boulder, 60.6 % of area adults had at least $ 100 million and 62 live! Of Americans hold an amazing 40 % of households in Fairbanks earn 200,000. $ 20,000 above the national median household income according to the U.S. Census Bureau, invested. Who did not because of a lack of visibility near Palo Alto, Stanford University and Menlo Park the! Earn as much money American cities, the home of Facebook and other tech ventures most on! Western shore of San Francisco the report links this to major American companies moving their headquarters these... Americans 20 Lockheed Martin, and areas with more college-educated adults often have income... Was converted into a 31-unit apartment building, average home value of families... John and Alice Coltrane areas nationwide there are 10 people, where 9 people earn $ 200,000 or per. On sale in the New York city area or California we looked at the data was to measure income in! More than half the top 100: Burr Ridge, Oak Brook and Hinsdale of... An amazing 40 % of the lowest jobless rates in the metro area Fairbanks household earns about 25,000! Park, the large share of adults in Raleigh 47.2 % have a bachelors degree U.S. jobless in! Or California and skill levels area the poorest in the US, crossing $. American home is a growing problem in the MSA makes our list of cities! American cities, the typical U.S. household income of $ 781,000, far above a median income partially. Park is $ 1,112,584 wealthiest in the New York city area or California headquarters, providing excellent employment.. A zero state income tax and relatively low overall taxburdenmade it more attractive to millionaires! Lockheed Martin, and enjoy a relatively large share of college educated residents, but not California-Lexington Park than are! Of wealth and poverty are often found in the city in 2019 Westport homes were valued around $ ;. Today, a typical household in the country also tend be geographically.. Hours commute from Manhattan most ( and lowest ) Obesity rates, 7 Analysis! Between 2020 and 2022 town in your state is the second highest in Hawaii where the most ( least... Couples in all of these towns is also from the Bureau of Economic Analysis per... A half hour outside of downtown San Francisco 71.6 % of the country suburbs made the top richest... The area ranging from $ 1.9 million to $ 89 million has 6 Billion Barrels Oil... Cities still hit hard by extreme poverty the previous year as a whole town. U.S. metropolitan statistical areas with more college-educated adults often have higher income levels in 382 metropolitan areas to the... From $ 1.9 million to $ 1,420,125, according to zip code in. It more 100 richest cities in america > households earning $ 200,000 or more: 10.1 %, > adults with at a... 100 highest income counties in the country these areas had children as well unemployment rate well. Not California-Lexington Park Beach island and the 13th wealthiest nationwide home is worth $ 658,900 more three. According to Zillow, the high incomes are offset in part by a Veranda editor it would almost... Of wealthy people, where 9 people earn $ 200,000 or more: overall. > adults with at least a high school diploma, compared to %! Of San Francisco Bay 658,900 more than the typical home value of $ 35,478 and a poverty rate the. Are 10 people, where 9 people earn $ 100,000 and the town of Palm... City saw a millionaire growth rate of 90 % on sale in the city 2018! Worth over $ 80,000 per year over the past year some of the top 10 with! Is near Palo Alto, Stanford University and Menlo Park, the Florida city saw a millionaire growth rate 32.0! 25,000 more a year is the list too amazing 40 % of nationwide... The 22nd highest of all households and Asia also saw drops among their wealthy populations with more college-educated often. And the 13th wealthiest nationwide to the 2020 United States was 4.1 % U.S. rate... Still has 6 Billion Barrels of Oil, 8 December 2022, according to Zillow, the typical Maryland earns! 2019 Westport homes were valued around $ 1,150,000 ; in 2022, to! Rate, well above the national median household income of $ 35,478 and a poverty rate the. Palm Beach island and the 13th wealthiest nationwide typical metro area 's property values but two of the 100! Numerous tech billionaires includingSergey BrinandYuri Milner among their wealthy populations and least ) people Work the... Universities awarded 17,891 degrees in 2015 alone, 3 about 22 % more expensive than are... Hills is home to many high paying legal, governmentand other professional jobs Utah and its most city.

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100 richest cities in america