Hudson boasts scores of antiques dealers, which led the charge in making the town attractive for new residents, tourists and wealthier folks in search of second homes. tech stocks 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. Visit our corporate site. High paying jobs typically require a college degree, and Destrehan residents are far more likely than the typical Louisiana resident to have a college education. Top employers in Elko County include the Elko County School District and West Wendover Casinos. Five-star skiing at the Deer Valley and Sundance ski resorts is roughly a half-hour away. 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). This time the list is from Bloomberg. Largely agricultural for most of its history, Weddington began to develop more residential housing in the 1970s in tandem with the expansion of the Charlotte metro area. It has long been a retreat for the well-to-do of the Mid-Atlantic seeking antique shops and solitude. With a median household income of $156,205, Duvall is the wealthiest small city or town in the state. 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. And the long, snowy winters are perfect for the numerous ski resorts in the vicinity of Truckee and Grass Valley. Top 100 cities with highest median household income Previous toplist Next toplist . The aforementioned Park City, which hosts Robert Redford's Sundance Film Festival, also boasts several world-class ski resorts. 3); and Cherry Hills Village, Colorado (No. The Hudson, New York, micro area has emerged as an upstate hidey-hole for the well-heeled. For context, the typical American home is worth about $205,000. Everything costs more in Juneau. Port Royal, Naples, Florida. Median household income: $159,167 (state: $50,972), Poverty rate: 0.8% (state: 16.1%), Median home value: $649,000 (state: $158,600). The Evergreen State makes the cut because it doesn't have an income tax. Median household income: $80,513. The Summit Park micro area, which also includes Park City, is a short drive from Salt Lake City and has the second highest concentration of millionaire households of any small town in the U.S. The Cannon River runs through town, and several parks and walking paths provide access to fishing, canoeing and kayaking. Some 22.6% of households earn $200,000 or more, more than five times the comparable 4.4% of households throughout Wisconsin. As is often the case in wealthy communities, Fairway has high real estate values. The Aloha State is known for its high cost of living and a mixed picture when it comes to taxes (opens in new tab). The small resort city about 160 miles west of Denver is loaded with fun stuff to do and not just in winter, when skiing is the main attraction in the Colorado Rockies. Sergey Brin. By Dan Burrows 13 Best Vanguard Funds for the Next Bull Market. Today it has some of the most expensive homes in North Carolina. Median household income: $75,439 (state: $60,076), Poverty rate: 6.2% (state: 11.2%), Median home value: $283,400 (state: $223,700). With everything from ski resorts to beaches, the Lake Tahoe area offers year-round activities for well-heeled tourists and full-time residents alike. Cumberland Hill is a small Census-designated place of about 8,000 residents located in northern Rhode Island. 6. But the area offers much more than pricey lift tickets and celebrity spotting. Accessibility to a city center is typically a key characteristic of the cities on the list. so you don't miss any videos: http://goo.gl/0bsAjO Over the past year, housing . For the fourth year in a row, the suburb of Atherton, California topped Bloomberg's annual Richest Places Index. More than three out of every four adults in the area have a bachelor's degree or higher, compared to 41.9% of adults in Massachusetts. The city's great appeal is no secret. Around 276,400 millionaires, 623 centimillionaires and 62 billionaires live in the San Francisco Bay area, which includes Silicon Valley. The town of six square miles is near Palo Alto, Stanford University and . Take Bloomberg's just-released 2020 list of the country's 100 richest places, which ranks towns by average household income based on U.S. Census data. West Virginia's median household income is one of the lowest among states, at just under $45,000. revealing the wealthiest towns in the US. Seattle, Tacoma, and Bellevue combine to become some of the richest cities in America. The area's population grew by 34.5% from 2013 to 2018, compared to the U.S. population growth of 3.6%. Looking at the poorest cities in the U.S., there are certainly some geographic patterns that emerge. 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. In Los Alamos, most households earn over $100,000 a year. Its content is produced independently of USA TODAY. The typical Mississippi household earns just $43,567 a year, about $17,000 less than the typical American household. 2); Hillsborough, California (No. Median household income: $123,220 (state: $48,392), Poverty rate: 11.5% (state: 17.9%), Median home value: $328,000 (state: $135,300). Only 4.5% of the community's families fall below the poverty line, and with a mean household income of $339,883, residents can boast of being some of the wealthiest in the entire state of Illinois. They have new homes, drive new cars, and have bright futures. Oklahoma has one of the lower median household incomes among states, at $51,424. Hidden Valley is a private residential community on the eastern edge of Indiana, just across the Ohio border from Cincinnati. Honolulu in Hawaii is one of the 100 Richest Cities in America #8. Weddington is a small town of approximately 11,000 residents located 16 miles south of downtown Charlotte. All Rights Reserved. Indeed, benchmark U.S. crude oil is off about 35% over the past year. The wealthiest town in the state, Destrehan's median household income of $92,052 . The 150 richest cities in the world by GDP in 2020. In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics and more. People with higher educational attainment are more likely to hold higher-paying jobs. Originally developed as housing for the teachers and staff of Southern Methodist University in the early 1920s, University Park has since developed into one of the wealthiest communities in the country. Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016. The typical household in Horace today earns $131,354 a year, the most of any small town in North Dakota and more than twice the state median household income of $63,473. All. 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. Maryland has the second most millionaires per capita of any state in the U.S., according to Phoenix Marketing International, but it's unfriendly when it comes to taxes (opens in new tab). Demand for oil is gradually coming back, but it is by no means taking off. Disclosure: Dan does not trade stocks or other securities. Arizona has one of the highest poverty rates of any U.S. state, at 16.1%, 2 percentage points higher than the U.S. rate. Median household income: $88,199 (state: $63,296), Poverty rate: 5.3% (state: 13.1%), Median home value: $251,300 (state: $249,800). Belvedere, California is just north of Richardson Bay, across the water from San Francisco -- the second richest metro area in the country -- and within driving distance of San Jose, which is the richest metro area. Of all adults in the area, 38% have a bachelor's degree or higher, compared to 33.3% of adults statewide. Median household income: $204,145 (state: $56,213), Median home value: $1,505,300 (state: $209,600). Happily for residents, Washington is among the most friendly states for taxes (opens in new tab). Run, swim or take exercise classes at the YMCA Community Center. Since then, the 2020 median household income has been reported as $67,521, a 2.9 percent decrease since 2019, . Source: Bloomberg. The typical area home is worth about $645,000, nearly double the value of the typical New Jersey home. Published 23 January 23. 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. Glencoe, IL. Each has an average household income of over $400,000. America's 100 Richest Places. In others, a particular industry drives local wealth. 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. Incomes tend to rise with educational attainment, and in North Star, about two-thirds of adults have a bachelor's degree or higher, compared to fewer than one in every three adults across Delaware as a whole. All 50 have among the highest share of adults with a bachelors degree in their states, and all but four exceed the U.S. bachelors degree attainment rate of 31.5%. The Faribault-Northfield area is so desirable that Kiplinger has named it a great place to retire. Check out the latest list of American small towns teeming with well-to-dos. Due in part to a warm climate, proximity to the ocean, and access to a major city, homes in Pinecrest are expensive compared to statewide home values. And, hang in there until you're 100 and your income taxes are waived altogether. But the town's signature draws are antiques and architecture. A Division of NBC Universal, A home stands in Atherton, California, U.S., on Tuesday, Feb. 18, 2020. Median household income: $73,015 (state: $45,726), Poverty rate: 8.8% (state: 17.6%), Median home value: $170,700 (state: $123,300). Carson City, capital of the Silver State, is just 20 miles to the north of Gardnerville Ranchos, and high rollers can reach Reno's casinos in an hour. Estimates of millionaire households provided by Phoenix Marketing International. But this comes at a cost. Tega Cay, South Carolina, is located on a peninsula along Lake Wylie, just south of the border with North Carolina. As residents like to point out, few towns have a groomed ski area right in their downtown that is accessible to all. But high concentrations of millionaires can be found in some far-flung places too. It became the first and only neighborhood in America to top the half-million-dollar mark. Concord also benefits from being within easy reach of Laconia and the state's famed Lakes Region, as noted earlier. The typical Inverness household earns $180,541 a year, nearly three times the median household income of $63,575 across Illinois as a whole and the most of any small city or town in the state. Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio. Median household income: $84,075 (state: $56,499), Poverty rate: 2.5% (state: 13.6%), Median home value: $206,600 (state: $159,100). Ocean Pointe is a Census-designated place on the island of Oahu within commuting distance of Honolulu. However, also has some seriously luxurious mansions and impressively large . The typical household in Papillion earns $80,853 a year, the most of any small city or town in Nebraska and far more than the state median household income of $59,116. Prince William County, Virginia $106,200 This level of education qualifies Genesee residents for many of the high-paying jobs in the Denver area. With a median home value of $316,500, the typical home in the town has a median value more than double the median home value across the state as a whole. Atherton is the richest town in America. Brandon is a small city in eastern South Dakota, just outside of Sioux Falls -- a city home to several major companies that offer high-paying employment opportunities. The Kapaa micropolitan area includes the entirety of Kauai, Hawaii's fourth-largest island. 1 Boca Grande. 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. The Golden State's reputation as a high-tax destination is built in part on how aggressively it goes after big earners, with a 13.3% tax rate that kicks in at $1 million (for single filers) of taxable income. Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University. A popular New England vacation destination, Hampton is home to some of the most expensive houses in New Hampshire. Heres how it works. CEOWORLD magazine - Top Stories - C-Suite Lifestyle - RANKED: These Are The 50 Richest Towns To Live In The United States, 2020. In most of these cities, people have it made, financially. While Silicon Valley and the New York metro area make up a big chunk of this list, the richest people in America also take up residences in Arizona, Florida, Colorado and Virginia. The typical household in Oak Hill earns $159,167 a year, more than triple the median household income of $50,927 across Tennessee as a whole and the most of any small city or town in the state. While many of the highest paying jobs tend to concentrate near large population centers, there are also smaller towns that are very prosperous. Advertisement - Continue Reading Below. 20 Best Stocks to Buy for the New Bull Market. Seattle-Tacoma-Bellevue. Winnetka - $311,902. The typical Travilah home is worth $1.1 million, more than three times the $305,500 state median home value and more than five times the $204,900 national figure. The allures of the Key West area are well known. 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. As of 2020, Jim Walton's net worth is $44.6 billion, placing him at 11th on this list of the richest people in America. He's also written for Esquire magazine's Dubious Achievements Awards. Heber boasts world-class recreational activities for the wealthy and regular Joes alike. Phoenix Marketing International (opens in new tab), a firm that tracks the affluent market, annually ranks 933 urban areas, large and small, based on the percentage of millionaire households in each location. Another attractive aspect of the area is that the City of Lebanon operates Storrs Hill, a 20-acre ski area that hosts three ski trails, two ski jumps, a surface lift and ski lodge. Grant Suneson, Evan Comen and Samuel Stebbins. Property taxes are modest, but sales taxes lean high (opens in new tab). Median household income: $222,115 (state: $65,323), Poverty rate: 3.3% (state: 14.6%), Median home value: $954,400 (state: $302,200). The typical home in Montana City is worth $331,900, the most of any city with a population between 1,000 and 25,000 in Montana and far more than the $219,600 state median. 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. Posted Mon, Feb 24, 2020 at 12:35 pm ET. This prosperity has likely attracted many new residents to Jenks -- the population grew by more than 24%, from less than 18,000 in 2013 to over 21,000 in 2018. Much of Alaska's wealth is tied to the energy business. The town's widespread prosperity suggests that Ocean Pointe is a desirable place to live. Here are the 10 leading cities for the wealthy for 2019. Many high-income residents likely commute to high-paying jobs in the Seattle area. You can sum up the appeal of Edwards in one word: skiing. Greenville is a relatively short commute to New York City, providing its residents access to the many high-paying jobs. Bethany is the most affluent neighborhood in Oregon. Nevin Rudloff October 8, 2020 . 100. worldwide. 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. The boom times looked to be rolling again in North Dakota until COVID-19 gutted oil demand. Rents jumped nationwide over the past year, but these big U.S. cities remain comparatively affordable for apartment dwellers. No need to worry about health care, either. Bloomberg released its annual list of the richest town . Median household income: $72,537 (state: $55,425), Poverty rate: 10.6% (state: 12.5%), Median home value: $218,800 (state: $184,500). Data on household incomes and home values come from the U.S. Census Bureau. The typical home in Papillion is worth $180,700, far more than the $151,100 median home value in neighboring Omaha and the $147,800 state median. That helps explain its inclusion on the list of small towns with high concentrations of millionaires. SECURE 2.0 Act Lets Retirees Defer Some Taxes Longer, Best AI Stocks to Buy: Smart Artificial Intelligence Investments, The 6 Safest Vanguard Funds to Own in a Bear Market, 10 Big U.S. Cities With the Cheapest Apartment Rents, 7 Best Small-Cap Stocks to Buy for 2023 and Beyond, New Hampshire is a relatively tax-friendly state, North Dakota is one of the nation's more tax-friendly states, But for more modest incomes, the impact is far milder, and property taxes are low, reputation as a high-tax state is overblown. Incomes tend to rise with educational attainment, and as is often the case in other states, Missouri's wealthiest town is also its best educated. Realtor. ; The 15 Richest Countries in the World 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. Median household income: $213,801 (state: $79,363), Poverty rate: 3.9% (state: 10.4%), Median home value: $644,900 (state: $327,900). 1 Bethany ($121,149) This town is the richest in the entire state of Oregon and it even has a larger population of 20,646. With nearly a $12 million annual salary, Walters was one of the highest-paid news anchors . The appeal of Key West to millionaires and heck, everyone is pretty self-evident. America's 100 richest towns have been revealed by Bloomberg's annual index, with the highest-paid town averaging an income of over $500,000. 10. 10. Rank Metropolitan statistical area Population Per capita income 1 Washington-Arlington-Alexandria, D.C-Virginia-Maryland MSA 5,949,178 $47,411 Hampton is a small seaside Census-designated place of approximately 9,000 residents in Rockingham County. Mississippi: Sherwood-Audubon Area, Jackson. Median household income: $170,952 (state: $53,560), Poverty rate: 1.3% (state: 14.2%), Median home value: $629,200 (state: $151,600). 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. . (It's an in-state draw for all the millionaires from the Stamford area, too. By Louis Navellier The greater area we're talking about here spills over into Idaho, too, and includes Grand Teton National Park, as well as parts of Yellowstone National Park and The Teton Wilderness Area. Click to skip ahead and jump to the 10 richest cities in the United States. Individuals with greater educational attainment are more likely to have high-paying jobs. A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. The New Hampshire state capital is home to a horde of state, county, local and federal agencies and the law firms and professional agencies that support them. The typical home in University Park is worth $1.2 million, compared to the median home value of $161,700 statewide. The nearby world-class resorts of Vail and Beaver Creek draw big-spending skiers hoping to see and be seen all winter long. Reply. Although Torrington might be hidden in the northwest corner of the state, millionaires can't escape Connecticut's onerous tax bite (opens in new tab). Dalton Gardens is north of Coeur d'Alene, Idaho, and across the border from Spokane, Washington, giving its residents access to two major population centers where they can find employment. Places like Dickinson, located in the oil-rich Bakken Formation, were mining millionaires. 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. The median . Arus kas bersih dari aktivitas operasi di tahun Net cash flow from operating activity in 2016 consisted of cash re The poverty rate in Dalton Gardens is 3.6%, a fraction of Idaho's 13.8% poverty rate. In Brandon, most households earn over $84,000 a year, about $28,000 more than the typical South Dakota household. Concord also is a major distribution, industrial and transportation hub. 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. Most households in the area earn over $170,000 a year -- more than triple the median annual household income statewide of $55,000. The area sits between Lake Winnisquam and Lake Winnipesaukee in the middle of New Hampshire's famed Lakes Region. Destrehan is a Census-designated place with 11,000 residents, located about 20 miles west of downtown New Orleans. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. The city of Williston expanded rapidly during the first half of the 2010s, driven by the explosion in shale oil drilling that once gave North Dakota the fastest-growing economy in the nation. Travilah is a wealthy suburb situated some 15 miles up the Potomac River from downtown Washington D.C. With a median household income of $235,669 a year, Travilah is the wealthiest place with a population between 1,000 and 25,000 in both Maryland and the United States. Then oil prices collapsed in 2014 and some folks even started pulling up stakes. Chevy Chase Village, MD (pop. The best healthcare stocks offer investors a defensive hedge in an uncertain market. Located less than 25 miles west of St. Louis, Clarkson Valley residents have access to employment opportunities in the nearby city, many of them high paying. Not all parts of the state are low income, however. Long work hours means more stress and less family time. Revealed: Countries With The Fastest Internet Speeds, 2020, Why Acting Like An Entrepreneur May Be Killing Your Business, Best Universities For Doctor of Business Administration (DBA), 2022, Worlds Best Hospitality & Hotel Management Schools, 2022, 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, These are the worlds trendiest countries, 2023, Living in the Countryside? The typical Topsham household earns $72,537 a year, the most of any small city or town in the state and more than the statewide median household income of $55,425. NY 10036. Nearly 60% of Highland residents 25 and older hold at least a bachelor's degree, as compared to 33.3% of Utah adults.
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