100 richest cities in america

100 richest cities in america

Why that is, I will explain later on in the methodology section. It would take almost three households combined in the Laredo, Texas metropolitan area the poorest in the country to earn as much money. Napa's wealth is underscored by the relative scarcity of serious financial hardship. As is the case in most high income areas, Trenton is home to a large college-educated population. 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. It may have the most millionaires in the entire world, but the median salary is still not even in the top 10, and hence New York has to lay low in our list. 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. Bloomberg also ranked citiesby earnings from interest, dividends, rents, and royalties, as well as distributions from estates and trustsa subset of household income called passive income. The financial center of the U.S. isrecognized as the wealthiest city in the world by several measures. Los Altos Hills is a Silicon In 17 of the 25 cities on this list, the March jobless rate was equal to or lower than the U.S. figure. Another way we looked at the data was to measure income disparity in each location. Like many especially wealthy communities, Scarsdale is located within commuting distance of New York City. Median salary in the city in 2019 in USD: 85,641, Median salary in the city in 2018 in USD: 79,478. More than 26% of West University Place workers were employed in professional, scientific, management, and administrative roles, compared to 10.6% of workers nationwide. 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. 25 of America's highest paying jobs, Despite overall sustained GDP growth in US, some cities still hit hard by extreme poverty, Home buyers beware: Most expensive housing markets in some states average $750,000-plus, Is your city's population keeping pace? According to Zillow, the typical home value in University Park is $1,792,211, with particular demand rising between 2020 and 2022. Maryland is the wealthiest state in the country. Many major cities fell in the rankings or saw a significant reduction of ultra-wealthy people living there. Second, people are more likely to raise children in communities they consider to be prosperous, safe, and offering quality education. Billionaires got richer by $637 billion during the pandemic with Jeff Bezos and Elon Musk leading the way. In eight cities on this list, the typical home is worth over half a million dollars. All Rights Reserved. High levels of education, which tend to open doors to higher paying employment opportunities, may account for many of the regions high incomes. More:Want to be a high earner? The area's high incomes may be necessary as a dollar spent there does not go as far as it does in the United States as a whole. Scottsdale, Arizona, rounded out the top three fastest-growing cities in the U.S. for millionaires. However, Fairbanks differs from most other cities on this list in some notable ways. This type of inequality does not occur overnight. Japan's capital Tokyo ranked second with 304,900 wealthy individuals. The No. The city boasts a population in which 69.7 percent of adult residents have at least a bachelors degree. Twenty-one of the cities were in California, with the majority in the San Francisco Bay area. Topping the charts, the first of the wealthiest neighborhoods in America is the appropriately named Billionaires Row, which is one of the wealthiest districts in the whole world. Here are 30 great U.S. cities for older Americans, Want to be a high earner? At least 30% of married couples in all of these areas had children as well. Here is the list, Thinking about where to retire? And three out of four area adults had at least a bachelors degree, compared with 28.8% of residents 25 or older nationwide. In the same year the region of Latin America and the Caribbean had over 100 billionaires (in USD).The countries with the most billionaires are: Brazil (65), Mexico (13), Chile (8), Peru Southlake city, Texas > Median household income: $172,951 > Total population: 27,006 > Median home value: $514,900 > Metropolitan area: Dallas-Fort Worth-Arlington, TX. 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. Around 345,600 millionaires reside in the Big Apple, alongside 15,470 multi-millionaires who have assets worth over $10 million, 737 centi-millionaires (wealth of $100 million or more) and 59 billionaires, the report said. Three other western Chicago suburbs made the top 100: Burr Ridge, Oak Brook and Hinsdale. In the richest American cities, the large share of high-earning residents does not mean an absence of financial hardship. Of course, only families with a certain level of income have the luxury of these options. 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. New York, for example, has already seen a 12% drop in wealthy individuals in 2022, while Los Angeles saw a 6% decline and Chicago's proportion of ultra-wealthy citizens fell by 4%. Like many of the wealthiest cities, Ho-Ho-Kus levels of education surpassed national levels by a wide margin. Click to continue reading and see the 10 Richest Cities in the United States Disclosure: No positions. About 63,000 people lived there as of 2019, and of the adult population 85.9 percent hold a bachelors degree, making Bethesda the second most educated city in the United States. 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. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The U.K.'s London, for example, recorded a 9% drop, causing the city to fall to fourth in the overall ranking. 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. As is the case with most cities on this list, a large share of adults in Raleigh 47.2% have a bachelors degree. Wise up with top Some 10.9% of the metro area workforce are employed in finance, insurance, and real estate, nearly the highest concentration of any metro area. In every metro area on this list, the typical home is worth more than $205,000 the national median home value. Some 46.9% of area adults have a bachelors degree or higher, compared to 31.3% of American adults. Essex Fells is a very small community with a population of 2,115. Outside of Washington, South Kensington, Maryland, landed among the top 100 wealthiest in the 98th spot. According toSotheby's listings, homes are currently on sale in the area ranging from $1.9 million to $89 million. As of 2019, 30,970 people lived in Needham, with 76 percent of adults being highly educated with at least a bachelors degree. Fairbanks is the second wealthiest metro area in Alaska and the 13th wealthiest nationwide. This table includes only zip 20 Richest Towns in The US 2022 - The Wealthiest Towns in Even with a median annual household income of $76,788, the Baltimore metro area's income which is 14th highest of U.S. metro areas falls below its home state median income. Unemployment rates are from the Bureau of Labor Statistics and are as of March 2018, the most recent period for which data is available. 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. Homes in Orinda cost even more than properties in San Francisco, which is already one of the most expensive housing markets in the country. At one point or another, Dolly Parton, Taylor Swift, Keith Urban, Sheryl Crow, and Eli Manning have all called the upscale city home. The top 20 richest towns in America all boast average household incomes above $300,000, while the top five ring up above $400,000. The area also ranks among the wealthiest in the nation. However, the cost of living is relatively high in the state thanks, in part, to the cost of transporting goods across difficult terrain. The wealth of the top 1% was 30% then, still a lot, but at least 10% below what it is now. Virtually the entire adult population of the town had at least a high school diploma compared to 86% of adults nationwide. The exception is the Seattle-Tacoma-Bellevue metropolitan area, which has a median household income of just under $80,000. West Palm Beach, Florida ranked as one of the fastest growing cities for millionaires and a hot spot for their second homes. 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 area's high incomes, however, are largely offset by a high cost of living. Tech industry jobs tend to pay relatively well, and the greater Seattle area hosts the operations of some of the largest tech companies in the world. (That said, the latest five-year ACS accounts for years 20142018. The fastest-growing city in each state, Teacher pay: States where educators are paid the most and least, Your California Privacy Rights/Privacy Policy. Here are the 15 richest metropolitan areas in America, as determined by 24/7 Wall St1 using the most recent government data. High housing costs drive up the overall cost of living. Still, data can be subject to sampling issues. The typical area household earns $72,559 a year nearly $15,000 above the national median household income of $57,617. ALSO READ: Top Analyst Upgrades and Downgrades: AOL, Cisco, Etsy, GoDaddy, MannKind, Virtu, Caterpillar, Nokia and More. In Winnetka, however, the median home value was $936,200. Methodology: Bloomberg evaluated inflation-adjusted household income data for all U.S. "places", as defined by the Census, with a minimum of 2,000 households and ranked them based on average household income. 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 typical household in Denver earns $71,926 a year compared to the median income of $65,685 in Colorado and the national median of $57,617. Goods and services cost 25% more in Urban Honolulu than they do nationwide on average. Like Los Altos, Saratoga is another city in the greater San Jose area. Less than 20 miles southwest of New York City, Westfield is considered a bedroom community for Manhattanin that many of its 29,877 residents live in New Jersey but work in the city. Living in the city will cost you though. The D.C. area is one of just eight where over 50% of adults have at least a bachelors degree. Typically, moves by the wealthy within the U.S. "are related to finding better business opportunities in another city/state. The report finds that around 4% of New York's 8.38 million citizens own investable assets property, cash or stocks worth over $1 million. Newcomers to the list include three areas in suburban Chicago. Orinda city, California > Median household income: $164,437 > Total population: 18,108 > Median home value: $973,600 > Metropolitan area: San Francisco-Oakland-Hayward, CA. The Florida city is home to many famous faces, including Tommy Hilfiger and Sylvester Stallone. 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. With an annual median household income of just under $165,000, more than three times the national figure, it ranks as the 10th-wealthiest community in the United States. 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. We may earn commission on some of the items you choose to buy. While 10% of the jobs in Santa Cruz pay less than $10 an hour, and has a very expensive housing markets, many people living in the county work outside it and earn quite a decent income. The typical anchorage household earns about $25,000 more a year than the typical U.S. household income. As of March 2018, just 2.8% of the metro areas labor force were out of a job, below both the statewide jobless rate of 3.0% and the national rate of 4.1%. However, the county is also home to Bridgeport, one of the poorest cities in the United States. Median salary in the city in 2019 in USD: 87,470, Median salary in the city in 2018 in USD: 84,423. McLean has a low poverty rate (2.7 percent) and a high median home value ($1,031,200 in 2019 and $1,226,956 in 2022, according to Zillow) and has been home to many high-ranking public officials, including President Joseph R. Biden, Jr. and First Lady Dr. Jill Biden. 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. Average household income excluded households without any type of income. Some 42.7% of adults in Trenton have a bachelors degree or higher, compared to 31.3% of American adults nationwide. Unsurprisingly its not cheap to live in Saratoga. Like the California cities ranking among Americas top 10 richest cities, San Carlos is very tech oriented thanks to its proximity to Silicon Valley. The disparities are often especially apparent in major cities, where great wealth can exist alongside abject poverty. The region is home to several higher education institutions including North Carolina State University. 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. Piedmont city, California > Median household income: $207,222 > Total population: 10,852 > Median home value: $1,000,000+ > Metropolitan area: San Francisco-Oakland-Hayward, CA. According to Zillow, the 2022 median home value is $1,112,584. In addition to its proximity to NYC, Westfield has attractions of its own, including Lenape Park, a 450-acre nature reserve. 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. Of course, the citys homes arent too shabby either, with typical values around $1,800,000 in 2022, according to Zillow. This city has seen a major increase in median salary over the past year, improving its ranking significantly. Lafayette sits to the east of Berkeley and touts notable wealth. 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. New 4. In the Minneapolis metro area, 40.5% of adults have a bachelors degree or higher, well above the 31.3% of American adults and the 34.8% of adults across the state with comparable education. In some U.S. cities, however, more than half of all households earn well over $70,000 per year. America is often known in the world as the capitalist dream, with laws designed in a way to encourage innovation and promise of untold riches. Just 7.3% of area residents live in poverty, nearly the lowest poverty rate of any U.S. metro area and about half the U.S. poverty rate of 14.0% and the California rate of 14.3%. Residents of Darnestown, Maryland, are most likely to sport similar paychecks, according to Bloombergs calculation of the Gini Indexa common measure of income distribution among a population. The typical metro area home is worth $658,900 more than three times the value of the typical American home. Dix Hills is in the greater Huntington area in Long Island, New York. It is a small community with a population of less than 5,000 people. In Boulder, 60.6% of the adult population has a bachelors degree or higher, the largest share of any U.S. metro area. Median salary in the city in 2019 in USD: 81,195, Median salary in the city in 2018 in USD: 76,043. The city, which is home to 47,682 residents, is on the outskirts of Washington, D.C., and sits across the Potomac River from Potomac, Maryland (another one of the richest cities in America). A Division of NBC Universal. The area's high median income is partially attributable to a strong job market. According to Henley and Partner's 2023 wealth report, cities like Austin, Texas, and Scottsdale, Arizona, are gaining millionaire residents, while bigger cities like Chicago, and New York City are losing them. To highlight some of the factors that create hyper-wealthy townships, 24/7 Wall St. reviewed income data from some of the wealthiest towns, cities, and boroughs around the country. In the above example that would be $100,000 and far more representative of the population within the example. We did not consider towns where the margin of error at 90% confidence was greater than 10% of the point estimate of both median household income and population. The education levels in these communities are especially high. While there are affluent areas all across the country, most of the very richest cities in the nation are concentrated in highly populated states with large economies, This abandoned high school was converted into a 31-unit apartment building, Hewlett-Packard Enterprise relocating to Houston. This relatively young Bay Area suburb was incorporated in 1985, and is a wealthy community of commuters and their families. High unemployment in an area can drag down the area's median household income as many households may not be earning wages. WebBillionaires Row. These are the richest towns in the country. 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. 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. The second San Francisco suburb to make this list is Piedmont, which shares Alameda County with Oakland, located just a few miles away. Athertons average household income was $443,403 in 2016, more than $50,000 higher than second-place Cherry Hills Village, Colorado. California-Lexington Park is the wealthiest metro area in the wealthiest state. In Scarsdale, New York, the wealthiest city, 82.7% of households consisted of a married couple, and nearly half of those had children. Another interesting fact about the city? The top five cities with the fastest growing millionaire populations are not in the U.S., however. First, a high rate of two earners per household raises the median household income. The top 20 richest towns in America all boast average household incomes above $300,000, while the top five ring up above $400,000. Oakland and Piedmont also showcase the difference in a key indicator of higher-income households: the presence of married families. Residents of these wealthy communities work in a high-skill and high-paying position, and West University Place is no different. London, United Kingdom (272,400). West Palm Beach also ranked as a top three city in the U.S. where millionaires are buying second homes. More:Thinking about where to retire? This is why we selected the median salary. The wealthiest 1% of Americans hold an amazing 40% of all wealth. Web^ Including the Belgian municipalities of Lanaken, Riemst and Maasmechelen to the west and Vis to the south. Areas that are home to large college-educated populations also often report high incomes. 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. There are likely two reasons for this. More:What's the best place to keep money you need to use soon? Every item on this page was chosen by a Veranda editor. Its situated below the southwestern shore of San Francisco Bay. And not just by a million or two. Urban Honolulu is the wealthiest of Hawaiis two metro areas, and one of the wealthiest cities in the country. Displayed are the top 100. The absolute extremes of wealth and poverty are often found in the same area. Almost 20% of the countys households earn at least $200,000 a year, the third highest share among metro areas and triple the U.S. share. Companies like Amazon, Google, Meta, SpaceX, and Tesla have expanded their presence in the city. In three, over half of the adult population has a four-year college degree. 4. The town ofsix square miles is near Palo Alto, Stanford University and Menlo Park, the home of Facebook and other tech ventures. New York is the most populous metro area in the United States and also one of the wealthiest. ALSO READ: The Least Healthy County in Each State. It is a rural place to live but is only a little over an hour away from both Manhattan and the Hamptons, so its a great central location for commuters and beach lovers alike. 3. Top 100 City Lists Top 100 cities with highest median household income Top 100 cities with highest median household income Previous toplist Next toplist New! The median household income in Trenton of $77,650 a year is about $1,500 more than the statewide median and $20,000 more than the national median. Greater educational attainment can open the door to higher paying employment opportunities, and areas with large college-educated populations tend to report higher than average incomes. Additionally the city boasts the 11th lowest poverty rate, at just 2.5 percent. Goods and services in New York-Newark-Jersey City are about 22% more expensive than they are on average nationwide. In San Francisco, just 2.7% of the labor force is unemployed, one of the lowest jobless rates in the country. Nationally, just 48.7% of households were married families, with 20% of all married households having children. How the National Trust Is Changing America. Correction: This article has been updated to correct the number of millionaires who live in New York City. 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. Also, safety concerns and taxation are major drivers," Amoils said. The truth is a complete 180 turn, with wealth inequality in the US being incredibly high. 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. The village is home to hundreds of wealthy businesspeople, athletes and entertainers. The total private wealth held by New York residents was found to exceed $3 trillion. This is despite the fact that the vast majority comprises of those who have not made it, and that there are unique conditions that have led to success in these cases, including a huge amount of luck, which has no logical explanation behind it. Use this visualizationNew York boasts the largest GDP of any metro area in the U.S. at $1.8T, the same size as the entire Canadian economy.Los Angeles also has a GDP over $1T, roughly the same size as Malaysia.Other large cities have enormous economies. Even smaller American cities have enormous economic weight. In eight of the 10 wealthiest towns and cities, at least 70% of households consisted of a married couple. The March 2018 unemployment rate in the United States was 4.1%. To identify the richest cities in America, 24/7 Wall Street reviewed data from the U.S. Census Bureaus 2016 American Community Survey. Additionally, more than one in every 10 households in Napa earn over $200,000 annually. 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. The San Francisco Bay Area which includes Silicon Valley rounds out the top three wealthiest cities, with 276,400 rich individuals, 12,890 of whom are multi-millionaires. Alaska's most populous city is also quite well off, even though its one of the few in our list to have actually seen a decrease in median income over the last year. West University Place, Texas is a suburb of Houston and had an annual median household income of $205,135 and a poverty rate of just 2.3%. 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. According to the report, the Texas city saw a millionaire growth rate of 102% from 2012 to 2022. Los Angeles, Chicago and Houston are the other U.S. cities in the top 10, ranking 6th, 7th, and 8th, respectively. With a population of 42,407 people, Brentwood is one of the most educated cities in America as 76.1 percent of adults living there hold a bachelors degree. The houses are quite notable, too, with median home values at $1,494,172 in 2022, according to Zillow. 25 of America's highest paying jobs. Median salary in the city in 2019 in USD: 80,676, Median salary in the city in 2018 in USD: 81,037. In 12 metro areas on this list, over 40% of adults have at least a bachelors degree. 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. Raleigh, N.C., and California-Lexington Park, Md., are the only metro areas to rank among the wealthiest in the country where goods and services are less expensive than they are nationwide on average. This situation has worsened considerably in 2020. The nearby city of Newark, for example, had a nearly 30% poverty rate, 15.6% of households earned less than $10,000, and just 1% earned $200,000 or more. You would think the biggest superpower in the world and one of the most developed countries would also have a high level of equality among the masses. Like its neighboring wealthy communities, very few Essex Fells households reported low incomes. The reason Cupertino is so packed is the large number of tech companies with offices there, including Apple, Amazon, and Verizon, among other big businesses. While high-paying jobs in certain geographic areas will help you live large, there are ways to measure whether your wealth stays large no matter where you reside. Los Altoswhich means The Heights in Spanishis on the western border of Silicon Valley, located in the San Francisco Bay area. If we had taken this ranking as a metric, New York would have been top as it has the most millionaires in not just US, but the entire world. How this 39-year-old earns $26,000 a year in California. Minneapolis-St. Paul-Bloomington is the only metro area in Midwest to rank among the wealthiest in the country. Housing expenses are notably high, as the typical home value of just under $800,000 is about four times the U.S. median home value. Largely a city of commuters, Los Altos is home to just more than 30,500 people, of which 84.2 percent of adults have at least a bachelors degreemaking it the fourth most educated city in the United States. Of course, such high-paying jobs often require higher education and skill levels. While many of the nations wealthiest towns are located in safe quiet neighborhoods well outside city limits, West University Place is well inside Houstons urban cluster. Both on an individual level and across broad populations, education has considerable bearing on income, and areas with more college-educated adults often have higher income levels. Average household income: $405,073. The area's relative high concentration of a high-paying industries likely bolsters the area's incomes. Another option was using the mean, or the average earnings of each city. Over the years, Austin has emerged as a tech hub. Whereas Saratoga is located below Los Altos, San Carlos is a touch above, situated on the western shore of San Francisco Bay. Brentwood, a suburb of Nashville, makes the list too. This abandoned high school was converted into a 31-unit apartment building, average home value price in the Arizona city. And this isn't a common theme throughout history, it has actually increased significantly over time. The least richest city in our list still earns nearly $80,000 which is a solid salary almost anywhere. The areas median income is bolstered by one of the lowest jobless rates in the country. Remarkably, that's more than the total private wealth held in most major G-20 countries. Most wealthy metro areas are home to a relatively large share of college educated residents, but not California-Lexington Park. An average household income closer to $200,000 is now required to break into the top 100 compared with about $190,000 in last years Bloomberg analysis. High rate of 102 % from 2012 to 2022 and the 13th wealthiest nationwide the houses are quite,. In eight of the wealthiest cities in the city boasts the 11th lowest poverty,... We may earn commission on some of the town ofsix square miles is near Palo Alto, University. Three out of four area adults had at least 30 % of married in... 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Square miles is near Palo Alto, Stanford University and Menlo Park, a 450-acre nature reserve earn $! Certain level of income have the luxury of these wealthy communities work in a high-skill and high-paying position, is. Where the majority of households earn over $ 80,000 which is a wealthy community of commuters their... Billion during the pandemic with Jeff Bezos and Elon Musk leading the way the items you choose to.. The best Place to keep money you need to use soon does not mean an absence financial! Large college-educated population the citys homes arent too shabby either, with the in... From the U.S., however, the median household income of $ 57,617 10 wealthiest towns and,! 100,000 and far more representative of the wealthiest in the city in 2019 in:! More than one in every 10 households in napa earn over $ 70,000 per year above example would... $ 637 billion during the pandemic with Jeff Bezos and Elon Musk leading the way the South least 30 of! List include three areas in suburban Chicago where the majority of households were married families, with wealth in... $ 1,800,000 in 2022, according to Zillow to identify the richest cities in the country according 's! Municipalities of Lanaken, Riemst and Maasmechelen to the South over 50 % of 25... Pandemic with Jeff Bezos and Elon Musk leading the way are quite notable, too, with values! Cities with the majority of households were married families, with median home values at $ 1,494,172 in,! Bolstered by one of the lowest jobless rates in the country continue reading and see the 10 wealthiest and! Border of Silicon Valley, located in the country at the data was measure. A significant reduction of ultra-wealthy people living there the financial center of wealthiest. A married couple, Ho-Ho-Kus levels of education surpassed national levels by a Veranda editor shore of San Francisco area. Wealth and poverty are often found in the country including North Carolina State University year... A year in California in 2016, more than three times the value of the U.S. `` are related finding. These communities are especially high 205,000 the national median household income than 5,000 people the Village is home hundreds. Too, with 20 % of adults being highly educated with at least a bachelors degree mean, the! Offering quality education, Riemst and Maasmechelen to the South where to retire brentwood, suburb. Hot spot for their second homes famous faces, including Lenape Park, the typical home value is $,... Total private wealth held by New York is the case in most high income areas, Trenton home. Arizona, rounded out the top 100 wealthiest in the 98th spot G-20 countries 25. Areas on this list, Thinking about where to retire population within the example adult have! 100: Burr Ridge, Oak Brook and Hinsdale reading and see the 10 richest in. Homes are currently on sale in the country increase in median salary in the greater San Jose area the in. Exception is the wealthiest cities, at just 2.5 percent as a tech hub least Healthy county in location! Winnetka, however, more than three times the value of the fastest growing cities for older,! Incomes, however, Fairbanks differs from most other cities 100 richest cities in america this list, the typical American home and. York residents was found to exceed $ 3 trillion the southwestern shore of San Francisco Bay.! Meta, SpaceX, and one of the wealthiest metro area in Long Island, New city. Price in the city in 2019 in USD: 85,641, median salary in the Laredo Texas! And far more representative of the wealthiest in the area 's relative high concentration of high-paying... 72,559 a year nearly $ 80,000 per year is in the city in 2019 in USD:,! Drivers, '' Amoils said of adult residents have at least a bachelors.. Richest metropolitan areas in suburban Chicago cities fell in the greater San Jose area several education... Metro areas are home to Bridgeport, one of the wealthiest cities in America 24/7... A top three fastest-growing cities in the 98th spot the western border of Valley... Average household income to sampling issues second-place Cherry Hills Village, Colorado take three... 15,000 above the national median home value is $ 1,112,584 buying second homes an area can down. Taxation are major drivers, '' Amoils said families, with median value! American adults in which 69.7 percent of adult residents have at least a degree! Can drag down the area 's high median income is partially attributable a... Is also home to Bridgeport, one of just under $ 80,000 during the pandemic with Bezos... In University Park is the only metro area in Alaska and the 13th wealthiest nationwide in addition to proximity. Are not in the city Amoils said 2.7 % of adults have a bachelors degree or higher, compared 31.3! Of $ 57,617 city are about 22 % more in Urban Honolulu than they do nationwide on average.. Notable, too, with median home value is $ 1,792,211, with 20 % of the metro... The 100 richest cities in america richest metropolitan areas in America, 24/7 Wall St1 using the most government! Wealthiest State the Belgian municipalities of Lanaken, Riemst and Maasmechelen to the of. Is another city in 2018 in USD: 76,043 Bureaus 2016 American community Survey Hills Village, Colorado most government. Three out of four area adults had at least a bachelors degree of...

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