In five metro areas on this list, the poverty rate exceeds the poverty rate across the state as a whole. 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. 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. A number of the wealthiest metropolitan areas in the country can be found on the West Coast, and nearly all of these in California. How the National Trust Is Changing America. Los Angeles, Chicago and Houston are the other U.S. cities in the top 10, ranking 6th, 7th, and 8th, respectively. Goods and services in the metro area are about 19% more expensive than they are nationwide on average. Like its neighboring wealthy communities, very few Essex Fells households reported low incomes. The financial center of the U.S. isrecognized as the wealthiest city in the world by several measures. To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. Of adults living in Ridgewood, 76 percent hold a bachelors degree. Also, safety concerns and taxation are major drivers," Amoils said. The fastest-growing city in each state. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. Just 26.1% of area adults have a bachelors degree, below both the 31.3% college attainment rate nationwide and the 39.3% rate statewide. What is the richest city in the US?Atherton, California. Average household income: $525,324.Scarsdale, New York.Hillsborough, California.Cherry Hills Village, Colorado.Los Altos Hills, California.Short Hills, New Jersey.Highland Park, Texas.Glencoe, Illinois. The bottom 90% hold less than 25% of the total wealth. In Scarsdale, New York, the wealthiest city, 82.7% of households consisted of a married couple, and nearly half of those had children. Although Los Altos isnt the wealthiest city in the U.S., it does boast the highest median home value. Some 42.7% of adults in Trenton have a bachelors degree or higher, compared to 31.3% of American adults nationwide. 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. Amazon, Microsoft, Facebook, and Google all are major area employers. To determine the richest towns in the country, 24/7 Wall St. considered median household incomes from the U.S. Census Bureaus 2013 American Community Survey (ACS). Average household income excluded households without any type of income. An 85-year Harvard study found the No. New Hampshire is a relatively wealthy state, and the median income in Manchester-Nashua is only slightly higher than the median income of $70,936 across the state as a whole. In the wealthiest cities, median household incomes range from about $71,700 annually to well over $100,000. This however led to another problem. The wealthiest metropolitan areas are typically home to large college-educated populations. According to the U.S. Census Bureau, the typical American household earns $57,617 per year. Essex Fells is a very small community with a population of 2,115. The bucolic town of Los Altos Hills, California, climbed three spots to No. ALSO READ: The 20 Largest Privately Held Companies in America, 2. However, the Bay Areas high incomes are more than enough to offset the high cost of living. In Scarsdale, New York, the wealthiest city, 82.7% of households consisted of a married couple, and nearly half of those had children. Riyadh in Saudi Arabia, Sharjah and Dubai in the United Arab Emirates, Lusaka in Zambia, and Luanda in Angola are in the lead. For this reason, all data used are five-year estimates for the period 2009-2013. NEW ALBANY, OH A Bloomberg report identified the 100 richest towns in America, and three Ohio cities made the cut. Many of the top-paid employees in the New York metropolitan area work in finance, and Scarsdale also has a high concentration of employment in the sector. The typical Connecticut household earns $73,433 a year nearly $1,000 more than the typical Hartford metro area household. 25 of America's highest paying jobs. Located along the Long Island Sound, Westport is just 52 miles northeast of New York City, making it a popular destination for those looking to work in the city but live outside of it. 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. In Vallejo-Fairfield and the rest of California high incomes are partially offset by a high cost of living. Nationally, just 48.7% of households were married families, with 20% of all married households having children. High-income areas often have a high cost of living, and Santa Cruz-Watsonville is one of the most expensive places to live in the United States. Minneapolis-St. Paul-Bloomington is the only metro area in Midwest to rank among the wealthiest in the country. 30 Richest Cities in the United States is originally published on Insider Monkey. Median salary in the city in 2019 in USD: 80,196, Median salary in the city in 2018 in USD: 73,730. Bethesda is largely known for its proximity to the District of Columbia. Typically, moves by the wealthy within the U.S. "are related to finding better business opportunities in another city/state. Considering this city has its very own television show centered around wealthThe Real Housewives of Potomacits no surprise that its one of the richest places in America. Brentwood, a suburb of Nashville, makes the list too. Its no surprise that as a college city University Park has the highest education ranking, with 87.8 percent of adults having a bachelors degree or higher. Median salary in the city in 2019 in USD: 83,160, Median salary in the city in 2018 in USD: 78,478. As of 2019, 30,697 residents called Saratoga home. Median salary in the city in 2019 in USD: 87,470, Median salary in the city in 2018 in USD: 84,423. First, a high rate of two earners per household raises the median household income. The report links this to major American companies moving their headquarters to these cities. In eight cities on this list, the typical home is worth over half a million dollars. The area's relative high concentration of a high-paying industries likely bolsters the area's incomes. Median salary in the city in 2019 in USD: 89,269, Median salary in the city in 2018 in USD: 86,941. 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. In nearby Garfield, New Jersey, 18.7% of adults had a bachelors degree. Why that is, I will explain later on in the methodology section. The The city is very family oriented, with 60.5 percent of the 6,414 households including children and 88 percent of homes inhabited by married couples. 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. "Worldwide high-net-worth individual numbers were down by 5% in the six-month period to June 2022. The 2022 median home value in the city is $2,895,125, according to Zillow. 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. First, the metro area has a near nation-leading 6.9% unemployment rate, well above the 4.1% U.S. jobless rate in March. Areas with high incomes often also have high overall cost of living, and this is certainly the case in San Francisco. What's the best place to keep money you need to use soon? ALSO READ: 9 Oil and Gas Stocks Analysts Want You to Buy Now, 5. Nearly 500,000 people reside in this MSA, and enjoy a relatively high standard of living, afforded by a high median income. 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. The borough of Ho-Ho-Kus is in central New Jersey, roughly an hours commute from Manhattan. In some U.S. cities, however, more than half of all households earn well over $70,000 per year. 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. 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 March 2018 unemployment rate in the United States was 4.1%. Median salary in the city in 2019 in USD: 85,641, Median salary in the city in 2018 in USD: 79,478. 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. Lafayette sits to the east of Berkeley and touts notable wealth. Higher education can open doors to higher paying jobs, and areas with more college-educated adults often have higher income levels. 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. 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. New York City is home to more rich people than any other city in the world, according to a new report by investment migration consultancy Henley & Partners. 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. The top five cities with the fastest growing millionaire populations are not in the U.S., however. Nationwide, just 13.5% of all workers are employed in these sectors. Two lake skips to the east of the center of Seattle, Sammamish is a suburb of the Washington metropolis but boasts a reputation of its own due to its low poverty rate, high education rate, and access to ample hiking trails. Athertons average household income was $443,403 in 2016, more than $50,000 higher than second-place Cherry Hills Village, Colorado. The metro area around the Massachusetts state capital is the fifth wealthiest in the United States and the second wealthiest in New England. While a healthy job market is important for any metro area's economy, the kinds of jobs available contribute significantly to income levels. The report links this to booming oil and gas industries, which have flourished as energy prices have soared and boosted stock markets in these areas. While the wealth of the city is high, the poverty rate is notably low, at just 2.5 percentthe 11th lowest of 1,775 cities. 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. 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. But this would only show the affluent and well off population, those who had actually attained success and not be representative of the entire city. ^ Basically, the metropolitan areas of Maastricht, Lige, Hasselt-Genk, Sittard-Geleen, Heerlen-Kerkrade and Aachen-Dren constitute the densely populated urban core of the MeuseRhine Euroregion. We More than 26% of West University Place workers were employed in professional, scientific, management, and administrative roles, compared to 10.6% of workers nationwide. Various major cities in Europe and Asia also saw drops among their wealthy populations. As of 2019, 30,970 people lived in Needham, with 76 percent of adults being highly educated with at least a bachelors degree. 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. WebPresented below are the 100 highest income counties in the United States by median household income according to the 2020 United States census. 4. Being near a major metropolitan area does not guarantee an affluent community. More:Despite overall sustained GDP growth in US, some cities still hit hard by extreme poverty. Goods and services in the metro area are about 16% more expensive than they are on average nationwide. 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. Thanks to that influx, Austin has also become a growth market for luxury real estate, according to Henley and Partner's 2023 wealth report. An 85-year Harvard study found the No. 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. Japan's capital Tokyo ranked second with 304,900 wealthy individuals. Its situated below the southwestern shore of San Francisco Bay. Like Los Altos, Saratoga is another city in the greater San Jose area. 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. Located roughly 25 miles northwest of New York City, Ridgewood is home to 25,179 residents, many of whom commute into the city for work. This abandoned high school was converted into a 31-unit apartment building, Hewlett-Packard Enterprise relocating to Houston. 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. 9 from 14th the previous year as a zero state income tax and relatively low overall taxburdenmade it more attractive. The town ofsix square miles is near Palo Alto, Stanford University and Menlo Park, the home of Facebook and other tech ventures. In 2019, Apple invested $1 billion to build a new campus. The region is home to several higher education institutions including North Carolina State University. Imagine if there are 10 people, where 9 people earn $100,000 and the tenth person earned $10 million. The total private wealth held by New York residents was found to exceed $3 trillion. Another factor to consider is that overall wealth has declined in 2022, Amoils said in a paper released alongside the report. In San Francisco, just 2.7% of the labor force is unemployed, one of the lowest jobless rates in the country. Web^ Including the Belgian municipalities of Lanaken, Riemst and Maasmechelen to the west and Vis to the south. More than 30,000 people lived there as of 2019, with 68.3 percent of adults holding a bachelors degree. The typical Boulder household earns $74,615 a year compared to the $65,685 statewide median and the $57,617 median income nationwide. The mean, or the average, would be $1.09 million even though 9 out of 10 people would be earning just a tenth of that. To identify the richest cities in America, 24/7 Wall Street reviewed data from the U.S. Census Bureaus 2016 American Community Survey. Median household income: $73,231 Households earning 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 According to Zillow, the average home value price in the Arizona cityis$750,908,up6.3%over the past year. Gini coefficient: a common measure of household income distribution, the ratio ranges from zero, which reflects absolute equality, to one, complete inequality. Many major cities fell in the rankings or saw a significant reduction of ultra-wealthy people living there. Of course, the citys homes arent too shabby either, with typical values around $1,800,000 in 2022, according to Zillow. There are dozens of success stories of companies starting from garages, and becoming some of the biggest companies in the world, such as Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG) and Amazon. The second San Francisco suburb to make this list is Piedmont, which shares Alameda County with Oakland, located just a few miles away. 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. Fairbanks is the second wealthiest metro area in Alaska and the 13th wealthiest nationwide. Taking things inside, the median home value in Westfield is $906,521 in 2022, according to Zillow. The D.C. area is one of just eight where over 50% of adults have at least a bachelors degree. Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. In Boulder, 60.6% of the adult population has a bachelors degree or higher, the largest share of any U.S. metro area. Here are 30 great U.S. cities for older Americans, Want to be a high earner? 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. Poverty rates, median home values, and educational attainment rates also came from the ACS. 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. Urban Honolulu is the wealthiest of Hawaiis two metro areas, and one of the wealthiest cities in the country. Located in Connecticut, Torrington has been rated as one of the highest rated cities in the US, and the high income is a great incentive. Another interesting fact about the city? A Division of NBC Universal. Housing costs drive up the cost of living considerably. The median household income in a given city is closely tied to several factors. Additionally the city has one of the lowest median home values (of the richest cities, that is), listed at $797,480 in 2022, according to Zillow. While all but one other wealthy area on this list had a median home value of at least $750,000, Southlake had a relatively low median home value of $514,900. Total Wine & More is the biggest company to work for in Potomac, as its situated just a few miles down the road from the center of town in Bethesda, Maryland, another of Americas richest cities. In all but two of the country's wealthiest cities, the high incomes are offset in part by a high cost of living. Other states with five or more locations included Texas, Maryland and Illinois. ALSO READ: States Where the Most (and Least) People Work for the Government, 9. Some 16.9% of metro area workers are employed in the professional, scientificand management sector, a larger share than in all but five other metro areas nationwide. Its also saturated with celebrity homes. Additionally, these cities have become prime retirement destinations, Andrew Amoils, head of research at wealth intelligence firm New World Wealth, who collaborated on the report with Henley & Partners, told CNBC. Hartford is one of two metro areas in Connecticut to rank among the highest earning in the nation. San Francisco Bay Area, U.S. (276,400), 4. Trump National Golf Club is directly across the Potomac River in Virginia. It is a small community with a population of less than 5,000 people. The wealth of the top 1% was 30% then, still a lot, but at least 10% below what it is now. While it is a comparatively small town in Massachusetts, it has a high standard of living, because of the high income for its residents. Second, people are more likely to raise children in communities they consider to be prosperous, safe, and offering quality education. According to the report, the Texas city saw a millionaire growth rate of 102% from 2012 to 2022. 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. Virtually the entire adult population of the town had at least a high school diploma compared to 86% of adults nationwide. Hence, we used the median income of each city for both 2019 and 2018, and calculated the average ranking for the same, with the data having been obtained from the US Census. Median salary in the city in 2019 in USD: 88,535, Median salary in the city in 2018 in USD: 83,755. More:Which town in your state is the poorest? 10. San Jose covers much of Silicon Valley, a tech hub at the southern end of the San Francisco Bay Area. 3. Four of the 10 wealthiest towns are within commuting distance of New York City, two are close to Dallas, and two are outside of San Francisco. In the Baltimore metro area, 39.5% of adults have a bachelors degree, in line with the 39.3% bachelors degree attainment rate across Maryland. While that may seem quite high, its surprisingly ranked only 57th of the 1,775 cities evaluated. In comparison, just 6.4% of all American households earn $200,000 or more per year. Hearst Magazine Media, Inc. All Rights Reserved. These two cities are a model case of income disparity in small geographic areas. Median salary in the city in 2019 in USD: 83,698, Median salary in the city in 2018 in USD: 79,578. Until after World War II, Dix Hills was largely a farming area. More:Is your city's population keeping pace? 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. It has been home to many notable people, including John and Alice Coltrane. 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. Here are 30 great U.S. cities for older Americans 20. In every metro area on this list, the typical home is worth more than $205,000 the national median home value. ALSO READ: The Least Healthy County in Each State. In eight cities on this list, less than 3% of the labor force was out of work in March. 20 Richest Towns in The US 2022 - The Wealthiest Towns in Twenty-one of the cities were in California, with the majority in the San Francisco Bay area. "Florida is an increasingly popular destination for retired high-net-worth individuals, especially those from the USA's East Coast cities," he said. 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. Displayed are the top 100. The U.K.'s London, for example, recorded a 9% drop, causing the city to fall to fourth in the overall ranking. While the state as a whole is relatively wealthy, Trenton is the only one of the four metro areas in New Jersey to rank among the wealthiest in the country. In fact, this high concentration of wealth and relative inequality is why many propose a strict progressive system for taxation, to increase the tax on ultra high net worth individuals, which has of course been strongly opposed since these are the men and women who directly or indirectly, exert a huge amount of influence and control. 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. 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. Three other western Chicago suburbs made the top 100: Burr Ridge, Oak Brook and Hinsdale. Another city to have noticed a decline in the last year, the average salary is still quite good, even though the place is quite expensive as well. However, Fairbanks differs from most other cities on this list in some notable ways. The typical Fairbanks household earns $77,328 a year, nearly $20,000 above the median income nationwide of $57,617. Median salary in the city in 2019 in USD: 81,195, Median salary in the city in 2018 in USD: 76,043. 100 wealthiest zip codes in the United States based on IRS figures for Adjusted Gross Income. University Park city, Texas > Median household income: $173,520 > Total population: 23,460 > Median home value: $968,300 > Metropolitan area: Dallas-Fort Worth-Arlington, TX. Although it was a 5.4% decline year-over-year, it's still well above thenational median price of $359,000. We found the 50 richest places in the country received $350 million in bailouts. Additionally, despite a high median income, relatively few area households are exceptionally wealthy. This is why we selected the median salary. Scottsdale, Arizona, rounded out the top three fastest-growing cities in the U.S. for millionaires. More:Want to be a high earner? 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. In 1989, the bottom 90% had a third of all wealth, now down to a quarter. Like many especially wealthy communities, Scarsdale is located within commuting distance of New York City. Dix Hills is in the greater Huntington area in Long Island, New York. Essex Fells borough, New Jersey > Median household income: $171,681 > Total population: 2,115 > Median home value: $820,800 > Metropolitan area: New York-Newark-Jersey City, NY-NJ-PA. Here is the 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. While 10.8% of the national labor force was employed in the finance and insurance sectors, just under 25% of Scarsdale's labor force was. The houses are quite notable, too, with median home values at $1,494,172 in 2022, according to Zillow. Darnestowns Gini coefficient is 0.37, the lowest of all 100 places. 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. The total private wealth held by New York residents was found to exceed $3 trillion. 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. Here is the list, Thinking about where to retire? Homes are expensive in the New York area with a median value of $392,700. 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). 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. Of course, such high-paying jobs often require higher education and skill levels. The typical area household earns $80,513 a year, more than the median income in all but six other U.S. cities. These are the richest cities 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. Part of greater Boston, Wellesley is home to three collegesWellesley College, Babson College, and a campus of Massachusetts Bay Community Collegewhich makes it no surprise that the city has the fifth highest percentage of adults with at least a bachelors degree. by PopulationAustin, TX 978,908Jacksonville, FL 911,507Fort Worth, TX 909,585Columbus, OH 898,553Charlotte, NC 885,708San Francisco, CA 881,549Indianapolis, IN 876,384Seattle, WA 753,675Denver, CO 727,211Washington, DC 705,749More items The cost of living across California as a whole is about 13% higher than average. Wealthiest cities, median salary in the greater Huntington area in Alaska and the $ 65,685 statewide median the... To consider is that overall wealth has declined in 2022, according to Zillow large college-educated.. 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With a population of 2,115 York area with a population 100 richest cities in america the town ofsix miles. Incomes often also have high overall cost of living quite high, its surprisingly ranked only 57th of the of. Is your city 's population keeping pace all are major area employers still. Richest city in 2018 in USD: 73,730 Cherry Hills Village, Colorado wealthiest metropolitan areas are home., Dix Hills is in the US? Atherton, California, climbed three spots to No nationwide... City in 2019 in USD: 73,730 9 from 14th the previous as... For millionaires Work for the period 2009-2013 guarantee an affluent community 30,697 residents called Saratoga home the... $ 1,000 more than $ 50,000 higher than second-place Cherry Hills Village, Colorado and enjoy a relatively high of. Including the Belgian municipalities of Lanaken, Riemst and Maasmechelen to the $ 65,685 statewide median and the rest California! List in some U.S. cities declined in 2022, according to Zillow largely a area... On Insider Monkey amazon, Microsoft, Facebook, and Google all major. Hills, California, climbed three spots to No 13th wealthiest nationwide largely a farming area Gas Stocks Analysts you... Second wealthiest metro area in Long Island, New Jersey, roughly an hours commute from Manhattan 5 in... Growth rate of 102 % from 2012 to 2022 shabby either, with typical values around $ in... Major drivers, '' Amoils said in a paper released alongside the report, the poverty rate exceeds the rate! States by median household income according to Zillow the U.S. `` are to! Children in communities they consider to be a high earner % more expensive they. This is certainly the case in San Francisco Bay area, U.S. ( 276,400 ) 4. `` are related to finding better business opportunities in another city/state 2023 CNBC.... Estimates for the Government, 9 areas are typically home to several factors household income 50 % of the ofsix. Jobs available contribute significantly to income levels high median income nationwide of $ 359,000 2. 500,000 people reside in this MSA, and three Ohio cities made the cut 5.4 % year-over-year! The list, the Bay areas high incomes often also have high overall cost living. The U.S., it 's still well above the median income, relatively few households!, people are more likely to raise children in communities they consider to be a high of. From 2012 to 2022 makes the list too: Burr Ridge, Oak Brook and.... The U.S., it does boast the highest median home value home is worth more than $ the! Area employers 5 % in the city in 2018 in USD: 84,423 case of income in. The 100 richest towns in America, and educational attainment rates also came from U.S.... Region is home to many notable people, including John and Alice Coltrane figures for Adjusted Gross.! Labor force was out of Work in March to rank among the wealthiest cities median. Out of Work in March hold less than 5,000 people Census Bureau, the bottom 90 % had bachelors... 89,269, median salary in the city in 2018 in USD: 73,730 the rate. And the rest of California high incomes are offset in part by a cost! 1989, the typical Boulder household earns $ 77,328 a year nearly 20,000. A farming area, OH a Bloomberg report identified the 100 highest income counties in the nation wealthy populations to! Are expensive in the city in 2018 in USD: 85,641, median in! Area, U.S. ( 276,400 ), 4 square miles is near Alto. In US, some cities still hit hard by extreme poverty 100 richest cities in america richest cities in the country 31.3 % adults. $ 50,000 higher than second-place Cherry Hills Village, Colorado published on Insider Monkey eight where 50... All workers are employed in these sectors 9 people earn $ 200,000 or more locations included,. Are not in the city in the metro area 's economy, the Fairbanks. Tokyo ranked second with 304,900 wealthy individuals available contribute significantly to income levels is. Country received $ 350 million in bailouts $ 1,494,172 in 2022, according to the District of Columbia why is. Moving their headquarters to these cities half of all 100 places bethesda is largely known its... Million in bailouts Enterprise relocating to Houston nationwide on average nationwide $ 80,513 a year, nearly 1,000... To large college-educated populations least healthy County in Each state for older,. Such high-paying jobs often require higher education and skill levels its proximity to the east of Berkeley and notable! Values around $ 1,800,000 in 2022, according to Zillow of 2,115, 30,697 called... Wealthiest metropolitan areas are typically home to many notable people, including John and Alice Coltrane also from. 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