"The homes in Atherton are spectacular," Swann told CNBC Make It. A Division of NBC Universal, A home stands in Atherton, California, U.S., on Tuesday, Feb. 18, 2020. Google cofounder Sergey Brin and Google CEO Sundar Pichai both call it home. People here earn on average, the 13th highest incomes overall, and only 3.56% of people who live here don't have a job. After the analysis was over, we crowned Cary as the richest city in America for 2022. In dozens of cities, the median household income is significantly higher than the national figure, including 50 in which median household income is more than double the national figure at least $153,000 or higher. To even make the top 100, towns need an average household income of more than $220,000. Atherton isnt the only town touting notable wealth, though. Highland Park is an affluent suburb of Dallas, just four miles north of downtown. The typical home value in the wealthy DC suburb is just under $1.4 million, according to Zillow. Less than 15 miles outside of Cincinnati, this Hamilton County, Ohio, town was developed in the early 20th-century by a handful of wealthy businessmen who already owned property there. Located 20 miles from Silicon Valley, the San Francisco suburb is home to the many tech titans of Google Boroughs, census designated places, cities, towns, and villages were all considered. How does 20% of Kansas rank as the wealthiest cities in the nation? Scarsdale is 35 minutes away from New York City, and yet another town on this list that's in Westchester County. Then, U.S. Senate Leader Mitch McConnell (R-KY) refused to call the bill. How in the heck did they get so much money here? 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. So lets take a look at the cities where you are more than likely to be well off, rather than not, starting with number 30: 30. Families earn the 3rd highest incomes in the whole state. Many of the richest suburbs also have very expensive homes. as well as other partner offers and accept our. runs in excess of $250,000 and the mean household income is $462,556. It's safe. Harwood Court in Scarsdale, Westchester county, New York State, USA getty. We then averaged the three rankings into a rich score with the lowest overall score being crowned richest in America. Now, the median home value in the once entirely agricultural Village of Indian Hill is just over $1.3 million, according to Zillow. Nationally, 33% of adults 25 and older hold at least a bachelors degree. Scenes from two classic 1980s John Hughes filmsFerris Buellers Day Off and Sixteen Candleswere shot in Glencoe. For this analysis we used the -- U.S. Census 2016-2020 American Community Survey. the Reasons To Do It, Making A Restaurant Thrive Finding The Best Chef, Critical Mistakes to Avoid in Strategic Communication, Overcoming the Challenges of Launching a Unique Business, Inclusion and Diversity at CEOWORLD magazine. Boroughs, census designated places, cities, towns, and villages were all considered. This year, to crack the top 100, a neighborhood needed, at minimum, an average household income upwards of $220,000. Average household income: $405,073. Hillsborough, CA (income: $430,681/ bailout: $5.7 million) With a median home price of $5.4 million, notable residents include Bing Crosby, Elon Musk, Jenny Craig, Jimmy Kimmel and Salote Mafileo Pilolevu Tuita, a Tongan princess. Beyonc and Jay-Z purchased a home in Scarsdale. This city has it all - Grand houses. Doctors, lawyers, business owners and entrepreneurs. They also get an excellent location by the bay. In many cases, the chef is why someone visits a restaurant. Of the remaining top 20 richest towns in America, one is nestled just outside the nations capital, one is in Florida, one is in Arizona, six are in the New York Tri-State Region, and two more are in California, one of the richest states in the U.S. Bloomberg compiled its Richest Places Index using data from the U.S. Census Bureaus American Community Survey, evaluating inflation-adjusted household income data for all U.S. places, defined by the Census Bureau as having a minimum of 2,000 households. According to a recent study, if you earn about $95,000 a year, you're optimally happy. A common theme among these poor cities is de-industrialization. Paradise Valley takes sixth-place for the small town with the most households, totaling 5,239. Its content is produced independently of USA TODAY. Population: 234,829Rank Last Year: 2 (Down 3)Median Income: $142,374 (2nd best)Unemployment Rate: 4.0% (36th best)More on Fremont: Real Estate|Crime|Cost Of Living. But in fact, it's the jam-packed east bay city of Fremont that's the wealthiest in all of the Golden State. After all, it has a stereotype as being a very snobby city. Search 40,000 local units of government for their allocation of $400 billion of Heroes Act bailout [+] money. Youll recognize some of the top people, like Bill Gates (Seattle) and Phil Knight (Portland). The town of 152569 high-priced residents has a median income of $150,464 and a median home value of $1397200.0. Perhaps. Winnetka, IL (income: $353,700/ bailout: $6.1 million) Located next to Glencoe, the village is home to many notable persons. Maybe from an outsiders standpoint, but it might be more of a shallow suburban type of vibe. Education is one of the largest determinants of income. It is known for its luxury golf courses, and it's also the hometown of both Emma Stone and Dick Van Dyke. Located in Monmouth County, New Jersey, Rumson boasts a population of just over 7,000 (as of 2020). It's known for drawing wealthy Wall Street types. Glencoe, just north of Winnetka, is another Chicago suburb situated on Lake Michigan. Median Income: $175,673. You may opt-out by. Notable residents include CEOs, actors, pro sports players, and authors. Access your favorite topics in a personalized feed while you're on the go. Notable residents who have called West University Place home include Craig Biggio, a former baseball player for the Houston Astros, and NFL player Brian Cushing. Do you think they know they're the richest people in the state? Households here make earn the 2nd highest incomes. But are most of their bank accounts pretty fat? Notable residents include John Elway and Peyton Manning. Cary is just a perfect little slice of heaven outside of Raleigh. Steph Curry of the Los Angeles Lakers purchased a $31 million home. Several well-known actors, such as Charlton Heston, Rock Hudson, Virginia Madsen, and Chris ODonnell, have called the Chicago suburb home. In terms of the locations themselves, London, New York, and San The national median household income reached $69,021, according to the U.S. Census Bureau December release of the 2021 American Community Survey five-year estimates. Web^ Including the Belgian municipalities of Lanaken, Riemst and Maasmechelen to the west and Vis to the south. Atherton, the upscale community south of San Francisco, has been home to the former chairman of Google Eric Schmidt and brokerage boss Charles Schwab. Great Falls, Virginia. Knowing this, Americans would be right to ask why Nancy Pelosis Heroes Act shelled out $3.8 million in coronavirus aid money to Atherton. Median home values in the 50 richest cities begin at $498,900, about double the median nationwide of $244,900, and reach over $2,000,000 among. Background: In May, the Heroes Act passed the U.S. House, 208-199. While it's idyllic in many places, it can be quiteboring. Located in Virginias Fairfax County, Great Falls is less than 20 miles outside of Washington, DC. The 10 Biggest Fintech Companies In America, PODCAST: Why Cristiano Ronaldo Is The World's Highest-Earning Athlete, 2017 Grateful Grads Index: Top 200 Best-Loved Colleges, Full List: The World's Highest-Paid Actors And Actresses 2017, Meet The Richest Self-Made Women On Wall Street 2017, Forbes/Fridson Income Securities Investor, Machine Readable File: Transparency in Coverage. Regions that were once home to the richest cities in the U.S. such as the Midwest and New England during the time of John D. Rockefeller, Andrew Carnegie and Joseph P. Kennedy now have fallen behind new centers of wealth on the West Coast and booming southern states like Texas. Four of those six states are in the U.S. South. Los Altos Hills is a Silicon There are six cities in where the median household income is less than $20,000: (1) Livingston, Alabama; (2) Hawaiian Ocean View, Hawaii; (3) Homer, No wonder rich tech executives and investors have landed in Sunnyvale. The median home value in this San Matteo County, California, town is a staggering $7,795,239, according to Zillow. Population: 111,331Rank Last Year: 1 (Down 1)Median Income: $109,767 (13th best)Unemployment Rate: 3.6% (19th best)More on Centennial: Real Estate|Crime|Cost Of Living. Does being rich make you a happier person? Read on to find out the richest cities in the U.S. and poorest cities. The typical home value in Palm Beach is just shy of $1.7 million, according to Zillow. The Village of Indian Hill is a suburb of Cincinnati. Madeline Albright and Condoleezza Rice graduated from its private schools. Population: 125,817Rank Last Year: 3 (Down 4)Median Income: $102,764 (19th best)Unemployment Rate: 3.8% (29th best)More on Pearland: Real Estate|Crime|Cost Of Living. Many of the streets are named after authors, such as Geoffrey Chaucer, John Dryden, and William Shakespeare. 2. If education is power, and power is Does being rich make you out of touch with reality? That would be the people in Pearland, Texas. There are six cities in where the median household income is less than $20,000: (1) Livingston, Alabama; (2) Hawaiian Ocean View, Hawaii; (3) Homer, Louisiana; (4) Highland Park, Michigan; (5) Albany, Kentucky; and (6) Allendale, South Carolina. You just have to measure how much money people make, and who has the best jobs in every city. Visit Business Insider's homepage for more stories. Or, you could just see where people like this live and try and get on their good side. And, to be clear, we measured the 306 largest cities in America with over 100,000 people. All four have average incomes upwards of $400,000. Adults with at least a bachelor's degree: 63.3%, Adults with at least a bachelor's degree: 76.4%, Adults with at least a bachelor's degree: 77.8%, Adults with at least a bachelor's degree: 65.2%, Adults with at least a bachelor's degree: 71.2%, Adults with at least a bachelor's degree: 78.4%, Adults with at least a bachelor's degree: 75.3%, Adults with at least a bachelor's degree: 72.7%, Adults with at least a bachelor's degree: 79.6%, Adults with at least a bachelor's degree: 73.7%, Adults with at least a bachelor's degree: 75.4%, Adults with at least a bachelor's degree: 84.4%, Adults with at least a bachelor's degree: 79.5%, Adults with at least a bachelor's degree: 64.2%, Adults with at least a bachelor's degree: 62.8%, Adults with at least a bachelor's degree: 71.4%, Adults with at least a bachelor's degree: 80.7%, Adults with at least a bachelor's degree: 66.1%, Adults with at least a bachelor's degree: 76.3%, Adults with at least a bachelor's degree: 85.5%, Adults with at least a bachelor's degree: 83.1%, Adults with at least a bachelor's degree: 80.9%, Adults with at least a bachelor's degree: 77.7%, Adults with at least a bachelor's degree: 81.0%, Adults with at least a bachelor's degree: 87.2%, Adults with at least a bachelor's degree: 79.1%, Adults with at least a bachelor's degree: 85.0%, Adults with at least a bachelor's degree: 89.3%, Adults with at least a bachelor's degree: 84.3%, Adults with at least a bachelor's degree: 79.0%, Adults with at least a bachelor's degree: 81.3%, Adults with at least a bachelor's degree: 83.5%. Darien, CT (income: $352,839/ bailout: $10.7 million) A storied East Coast community, notable residents included Charles Lindberg, Vineyard Vines CEO and founder Ian Murray, and many actors, politicians, and CEOs. The Silicon Valley town, which is just eight minutes from Stanford University, isnt only renowned for its wealthy tech entrepreneurs, though; its known for its large, private lots and lavish homes, too. Following Atherton is Scarsdale, New York, which is less than 25 miles away from Manhattan; Hillsborough, California, about 20 miles south of San Francisco; Cherry Hills Village, Colorado, a Denver suburb; and Los Altos Hills, California, near Silicon Valley. Population: 193,412Rank Last Year: 7 (Down 2)Median Income: $87,629 (46th best)Unemployment Rate: 3.2% (5th best)More on Overland Park: Real Estate|Crime|Cost Of Living, Population: 105,410Rank Last Year: 25 (Up 15)Median Income: $108,979 (14th best)Unemployment Rate: 3.9% (32nd best)More on League City: Real Estate|Crime|Cost Of Living. Everything is justpeaceful. Yes, we took that into account, but you also have to assume the richest cities in America are going to be where people have amazing jobs. Crazy Rich Asians would maybe even consider buying a home here. Some of the cities listed are indeed among the cities with the most expensive homes.
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