The 30 Richest Towns In The US
The grass is always greener on the other side, according to some people. Your neighbor might have a bigger house, a better car, or a better job. It may seem like other people have more satisfying lives, but the truth is that in most cases, it just appears like that. However, when it comes to specific areas in the world, and especially in the States, the grass is indeed greener.
Actually, some areas are so green that other regions won’t be able to reach that level in decades to come. The Great Recession affected households so much that inequality increased across the country. As a result, some of the wealthiest places in the country have gotten even wealthier! Interestingly, the wealthiest towns can be found in just a few states. Read on to see where you should move if you want to have rich neighbors!
30. Austin-Round Rock, TX
Median household income: $73,800
Austin is doing something right. In 2019, the unemployment rate was just 2.1%. The area is a tech hub for major companies, such as Dell, IBM, Apple, and Amazon.
Owning a property in this area can secure you for a lifetime. According to some sources, the median home value in this area is $311,800.
29. Midland, TX
Median household income: $75,266
Midland is famous for being the halfway mark between El Paso and Ft. Worth. Midland is also near the center of the Permian Basin, one of the most significant oil fields in the States.
Midland’s economy is driven by the energy sector primarily. However, lately, Midland has also become a regional financial and distribution center.
28. New York-Newark-Jersey City, NY-NJ
Median household income: $75,368
New York has a population of over 20 million. This area is one of the most populous in the country. Moreover, its’ one of the wealthiest cities in the country, as well.
However, this area suffers from a significant poverty rate of 12.8%. New York earns a lot of money from the movie industry and tourism.
27. San Diego-Carlsbad, CA
Median household income: $76,207
San Diego gets its money from various sources, including defense, tourism, manufacturing, international trade, and research. San Diego also has a port, making it a home or often stop to significant submarine and shipbuilding on the West Coast.
Furthermore, San Diego has the largest naval fleet in the world. The metro area shares a border with Tijuana, Mexico, next to three ports of entry.
26. Denver-Aurora-Lakewood, CO
Median household income: $76,643
Denver has one of the most educated populations in the country. Even 43.9% of its residents have at least a bachelor’s degree. The national average is only 32%, so something is really done right in Denver.
Thanks to its location, Denver is a natural transportation and distribution hub for the entire West. The most significant and the largest industries in the city are mining, healthcare, technology, and energy.
25. Fairbanks, AK
Median household income: $76,747
Alaska is known for its fantastic nature, clean air, and an excellent quality fo life. Yes, Alaska is partly supported by the government’s permanent fund, which pays each resident a share of the state’s oil revenue each year.
The government service sector, including the military, employs more than one-third of the area’s workers. Also, significant industries are mining and tourism.
24. Minneapolis-St. Paul-Bloomington, MN-WI
Median household income: $76,856
The Twin Cities metro area is one of the most highly educated populations in the country. Around 425 of the adult population holds a bachelor or even higher.
This area is home to various companies, including Target, 3M, Land O’Lakes, and United Health Group.
23. Anchorage, AK
Median household income: $76,871
Although the income is this area is significant, the area still has a higher rate of unemployment, around 5.2%. The city’s top industries are defense, tourism, and oil production.
There are even three military bases located in the city’s area. The majority of the population are military and personnel family members.
22. Vallejo-Fairfield, CA
Median household income: $77,133
The largest industries in this area are construction and healthcare. The median home value is around $440,000.
Interestingly, the percentage of residents with a bachelor’s degree or higher is lower in this area than the national average of 32%.
21. Boulder, CO
Median household income: $80,834
This famous Colorado city is home to a highly educated workforce. Almost two-thirds of its adult population has a bachelor’s degree or higher.
The unemployment rate is just 2.5%. The largest employers in the area are Lockheed Martin and The University of Colorado.
20. Boston-Cambridge-Newton, MA
Median household income: $85,691
Boston University, Boston College, Harvard, Massachusetts Institute of Technology, and Northeastern University are responsible for Boston being so educational background.
This also means that this area has the highest concentrations of adults with a bachelor’s degree or even higher. With so many educational institutions, the city is also safe and has a low unemployment rate, next to stable financial flow.
19. Napa, CA
Median household income: $86,562
Just after the famous Santa Rosa, Napa is the second-largest city in California’s wine country. Moreover, Napa has only 80,000 residents. Napa Valley is known for its Mediterranean climate, which is perfect for growing grapes and other similar crops.
Napa is the city which employs the most agricultural workers in the States. The home value here is approximately half-million dollars.
18. Bridgeport-Stamford-Norwalk, CT
Median household income: $91,198
The Bridgeport-Stamford-Norwalk area is the wealthiest city in New England and on the East Coast. The area is within commuting distance to New York City.
The population is around 1 million, while the region’s median home value is $336,100.
17. San Francisco, CA
Median Household Income: $101,714
Residents of the Golden Gate City earn a lot of money. They make more money than residents from any other major city. Interestingly, they are also more highly educated. After Seattle, the city has the highest percentage of college-educated residents within the country.
San Francisco is home to the world’s largest companies, such as Airbnb, Adobe, Dropbox, and SalesForce. There are also significant financial institutions, such as Wells Fargo.
16. San Jose-Sunnyvale-Santa Clara, CA
Median Household Income: $117,474
San Jose is the largest Northern California city. It has more than 1 million residents and a huge area. San Jose is known as the capital of Silicon Valley.
As such, it seems only natural that GDP is one of the fastest-growing in the world. The median home value in San Jose is approximately $1 million.
15. Potomac, Maryland
Median Household Income: $248,189
Potomac, MD has a population of up to 45,000 people with an average age of 47.3. So far, the median income is around $248,189.
Potomac has a low poverty rate, of only 3.26%. At the time, the median property value is around $900,000. Potomac is also the seventh most educated small town in America.
14. North Caldwell, New Jersey
Median Household Income: $251,468
With a population of only 6,637, this area has significant income. Moreover, the poverty rate is not higher than 2.03%, while the median age is 45.7.
The numbers of employees in this area are always in growth, while the median property value is $730,000, and it keeps growing.
13. Malibu, California
Median Household Income: $261,237
To some, Malibu is known as a fantastic place with a Mediterranean climate. This area is also known for being a home to numerous stars and a vast entertainment industry. Usually, it comes as no surprise that the Malibu area is one of the wealthiest cities in the States.
The total population is only 12,871, while the age of the community is 52, significantly higher than in the other cities. Around 50% of people in the area are married.
12. Piedmont, California
Median Household Income: $275,243
Piedmont is officially one of the wealthiest cities in the San Francisco area. Oakland and some stunning nature surround this picturesque city.
Some of the most famous people living in this area are Pixar director Peter Docter and NFL’s Bubba Paris.
11. McLean, Virginia
Median Household Income: $283,992
The rumor has it that politicians, as well as rich and powerful people, never leave their desks. Or at least they never leave Washington, D.C. However, they are humans as well, and when they rest, they rest in big style. In their large homes in McLean, Virginia, to be exact.
McLean is located just next to the Potomac River and is famous being a town of extreme power. Ethel Kennedy, former Vice President Dick Cheney, and the CIA headquarters are here. Pretty fancy.
10. Riverside, Connecticut
Median Household Income: $290,904
Houses in this area are rarely sold for under the $10 million. First of all, the area is impressive, and secondly, it’s incredibly safe and filled with famous neighbors.
Tiki Barber, Marc Staal, and Kathie Lee Gifford are just some of the people in the neighborhood. Also, with a train, you can be in Big Apple in no time from this side.
9. Kentfield, California
Median Household Income: $299,450
If you love outdoors and you have a few hundred dollars to spare, you should think about moving to Kentfield, California. Even Californian major lived here.
The area is located just a few miles from San Francisco, and it’s known for its fantastic properties, excellent hiking area, and breathtaking scenery. Getting a simple house here will cost at least $850,000, and that’s after a $30,000 price cut.
8. Westport, Connecticut
Median Household Income: $304,439
Westport, or as locals call it ‘the Bestport’ is located not more than 52 miles north of Nre York City. This way, residents get the best from both worlds: busy city life and quiet family moments.
Naturally, for these benefits, one must have on a side at least $300,000. Westport is like the ultimate American suburb. Even the ‘The Stepford Wives’ was filmed here.
7. West University Place
Median Household Income: 330,459
This area might be close to Rice Univesity, but it’s hard that you will ever see any students here. Neither as owners or visitors. Houses here are designed with at least five-bedrooms. Their price starts at $4 million.
As a general rule, the person living in this area earns nearly four times than the typical American household. Interestingly, every street is named after famous poets or artists. In 2018, West University Place named the best place to live in the States.
6. Old Greenwich, Connecticut
Median Household Income: $336,692
According to the New York Times, Old Greenwich deserves the name ‘front-porch kind of place,’ because of its large homes and small-town vibe.
Old Greenwich has been considered heaven on Earth for Wall Street executives.
5. Highland Park, Texas
Median Household Income: $358,994
It seems that Dallas has it all. Famous and popular Highland Park area in Texas is home to one of the wealthiest people in the States. Just the single house value is around $1.4 million.
Former Texas governor Bill Clements found his forever home in this area. The famous TV show Dallas was filmed here.
4. Los Altos Hills, California
Median Household Income: $386,174
This city is rigorous when it comes to mixing business and pleasure. Although the majority of its residents are in some kind of business, operating a business within the town is strictly forbidden.
Los Altos Hills developers wanted to create a unique place for the richest and above anything else a quiet one. There are only two shops, one gift shop and one book store.
3. Cherry Hills Village, Colorado
Median Household Income: $394,259
The phenomenal Cherry Hills Village is all about the quality. The Denver suburb has attracted massive attention for its gigantic mansions and famous residents.
Some mansions even have 10,000-square-foot, and horse stables and almost untouched nature surround most of them. There is also a fantastic mountain view.
2. Scarsdale, New York
Median Household Income: $417,335
Scarsdale, New York, is among the wealthiest places in the entire country. So far, it’s one of the wealthiest towns on the East Coast. The average home price here is $1.8 million.
The area became instant famous once the rumors started about Beyonce and Jay-Z having a home here. With or without them, Scarsdale is still one of the richest towns in the States.
1. Atherton, California
Median Household Income: $450,696
When it comes to the richest towns, Atherton will always be on the top. This small neighborhood, situated between San Jose and San Francisco, is home to numerous mega-mansions. One simple home can cost $6 million, as a starting price, usually.
This is a perfect area for Silicon Valley’s wealthiest entrepreneurs. Facebook’s Sheryl Sandberg, Google’s Eric Schmidt, and Hewlett-Packard’s Meg Whitman are first neighbors.