100 richest cities in america100 richest cities in america

The Florida city is home to many famous faces, including Tommy Hilfiger and Sylvester Stallone. Los Altos Hills is a Silicon Some 46.9% of area adults have a bachelors degree or higher, compared to 31.3% of American adults. We may earn commission on some of the items you choose to buy. It is a small community with a population of less than 5,000 people. 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. 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. Remarkably, that's more than the total private wealth held in most major G-20 countries. The 2022 median home value in the city is $2,895,125, according to Zillow. They work in finance positions in New York City or Chicago, or in scientific or other professional careers in the San Francisco Bay Area. 9 from 14th the previous year as a zero state income tax and relatively low overall taxburdenmade it more attractive. The typical area household earns $76,254 a year, or about $18,600 more than the typical American household. Moving from West to East, Median salary in the city in 2019 in USD: 81,195, Median salary in the city in 2018 in USD: 76,043. Moving from West to East, Americas second richest town is Scarsdale, New York, which is Its also where you find the longest-running polo club in the United States, Meadow Brook Polo Club. 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. The wealth distribution in America is incredible for all the wrong reasons. where the concentration of wealthiest cities is the densest). Partially as a result, the metro area is one of the best educated in the United States. Napa's wealth is underscored by the relative scarcity of serious financial hardship. 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. The typical household in the Boston metro area earns $82,380 a year, or nearly $25,000 more than the typical U.S. household income of $57,617. Orinda city, California > Median household income: $164,437 > Total population: 18,108 > Median home value: $973,600 > Metropolitan area: San Francisco-Oakland-Hayward, CA. Over the years, Austin has emerged as a tech hub. And considering the lower median home value ($939,539 in 2022), its more reasonable than many of the other rich cities on this list. First, a high rate of two earners per household raises the median household income. Together, these two factorshigh college education and low poverty ratesare common among Americas richest cities (which will be apparent in the slides ahead). Cost of living by metro area, or regional price parity, is for 2015 and came from the Bureau of Economic Analysis. However, the county is also home to Bridgeport, one of the poorest cities in the United States. Nearly 6,200 met the criteria. The typical area household earns $80,513 a year, more than the median income in all but six other U.S. cities. The No. 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. Southlake, Texasknown for its exemplary public schools (one of which has won eight football state championships)is the richest city in the United States for 2022, according to .css-7l5upj{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:inherit;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-7l5upj:hover{color:#595959;text-decoration-color:border-link-body-hover;}24/7 Wall St., which used five-year estimates of median household income from the U.S. Census Bureaus 2019 American Community Survey (ACS). But thats not all the city is known for. According to the U.S. Census Bureau, the typical American household earns $57,617 per year. London, United Kingdom (272,400). 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 Los Altos Hills is home to numerous tech billionaires includingSergey BrinandYuri Milner. 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. Also, safety concerns and taxation are major drivers," Amoils said. In nearby White Settlement, for example, poverty levels are far higher and property values are far lower. At least 30% of married couples in all of these areas had children as well. 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. The area's relative high concentration of a high-paying industries likely bolsters the area's incomes. 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. 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. The wealthiest cities in the country also tend be geographically concentrated. No East Coast metro area has a more affluent population than the greater D.C. area. High incomes are also reflected in the metro area's property values. The typical anchorage household earns about $25,000 more a year than the typical U.S. household income. Connecticut is one of the wealthiest states in the country, and despite ranking as one of the wealthiest metro areas in the country, Hartford's median income is lower than the state as a whole. The climate of Alaska is not for everyone, with its frigid and dark winters and lukewarm summers. The report links this to major American companies moving their headquarters to these cities. As is the case with most cities on this list, a large share of adults in Raleigh 47.2% have a bachelors degree. 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. 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. According to Zillow, the 2022 median home value is $1,112,584. In December 2022, Austin was home to 30,500 millionaires, 86 centi-millionaires, and nine billionaires. More:Is your city's population keeping pace? In these wealthy communities, the average household income ranged from #1 An 85-year Harvard study found the No. This however led to another problem. 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 top five cities with the fastest growing millionaire populations are not in the U.S., however. 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%. High concentrations of high incomes are often found in regions with extreme income inequality. For most residents, high incomes are necessary to afford the areas high cost of living. In the United States, 31.3% of adults have a bachelors degree or higher. Maryland is the wealthiest state in the country. 24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. In 2019 the median home value was more than $2,000,000now, in 2022, Zillow reports that the typical home value in the California city is a whopping $4,150,436. Oxnard-Thousand Oaks-Ventura is one of only eight U.S. metro areas where the majority of households earn over $80,000 per year. Its situated below the southwestern shore of San Francisco Bay. In Boulder, 60.6% of the adult population has a bachelors degree or higher, the largest share of any U.S. metro area. An even larger gap was in higher levels of education as 71.3% of Ho-Ho-Kus' adults had a bachelors degree or greater, well more than twice the national rate of 28.8%. Housing is a significant component of the areas high cost of living. 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. Web^ Including the Belgian municipalities of Lanaken, Riemst and Maasmechelen to the west and Vis to the south. Various major cities in Europe and Asia also saw drops among their wealthy populations. The rural community northwest of Washington sits along the Potomac River and is home to Bretton Woods Recreation Center, a country club for International Monetary Fund and World Bank staff. 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%. 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. Hearst Magazine Media, Inc. All Rights Reserved. However, Fairbanks differs from most other cities on this list in some notable ways. Its also saturated with celebrity homes. Here are 30 great U.S. cities for older Americans 20. Median salary in the city in 2019 in USD: 80,676, Median salary in the city in 2018 in USD: 81,037. 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. 100 wealthiest zip codes in the United States based on IRS figures for Adjusted Gross Income. Three other western Chicago suburbs made the top 100: Burr Ridge, Oak Brook and Hinsdale. This is why we selected the median salary. Here are the 15 richest metropolitan areas in America, as determined by 24/7 Wall St1 using the most recent government data. And three out of four area adults had at least a bachelors degree, compared with 28.8% of residents 25 or older nationwide. In 12 metro areas on this list, over 40% of adults have at least a bachelors degree. 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. Keep reading to find out more about the richest cities in the U.S. A suburb of Dallas/Fort Worth, Southlake had an estimated population of 31,292 people as of 2019, with 69.7 percent of adults holding at least a bachelors degree. West Palm Beach also ranked as a top three city in the U.S. where millionaires are buying second homes. Median salary in the city in 2019 in USD: 81,971, Median salary in the city in 2018 in USD: 80,921. To identify the richest cities in America, 24/7 Wall Street reviewed data from the U.S. Census Bureaus 2016 American Community Survey. Median salary in the city in 2019 in USD: 86,652, Median salary in the city in 2018 in USD: 84,395. Minneapolis-St. Paul-Bloomington, Minn.-Wis. Of course, that is still several hundred thousand dollars above the national median home value of $176,700. 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. All four showed gains in household earnings from 4 percent to 15 percent from the prior year. 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. More than 30,000 people lived there as of 2019, with 68.3 percent of adults holding a bachelors degree. Urban Honolulu is the wealthiest of Hawaiis two metro areas, and one of the wealthiest cities in the country. Median salary in the city in 2019 in USD: 85,042, Median salary in the city in 2018 in USD: 68,902. San Jose covers much of Silicon Valley, a tech hub at the southern end of the San Francisco Bay Area. Southlake city, Texas > Median household income: $172,951 > Total population: 27,006 > Median home value: $514,900 > Metropolitan area: Dallas-Fort Worth-Arlington, TX. With a median household income of $240,248, Southlakes population earns shockingly more than the average American household, which posted a median income of $69,560 in 2019 (a 15.3 percent increase from the 2017 median of $60,336, which we had previously reported on). In Winnetka, however, the median home value was $936,200. 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. Scarsdale, located in the famously-affluent Westchester County, tops this list with an annual median household income close to four and a half times the national median income of $53,046. Raleigh is by far the wealthiest metro area in North Carolina and the 25th wealthiest in the United States. The success of these companies have made some of them cross the $1 trillion threshold, while the owners have made tens of billions of dollars, some even crossing a hundred billion in net worth. The city had a median home value of $781,000, far above a median of $176,700 nationwide. 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 top 10 wealthiest cities in America. The MSA makes our list of richest cities in the US, crossing the $85,000 threshold. 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. The Chicago metropolitan area, where Winnetka is located, is not known for having a particularly expensive housing market -- the median home value there was just $206,300, 68th among large metro areas. The capital of Utah and its most populous city is also one with a great opportunity for earning well. First, the metro area has a near nation-leading 6.9% unemployment rate, well above the 4.1% U.S. jobless rate in March. 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. 25% of the total families in US don't even have $10,000. 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. Like all of the wealthiest communities, Winnetkas population is highly-paid and highly-educated. 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. 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 toSotheby's listings, homes are currently on sale in the area ranging from $1.9 million to $89 million. Los Altoswhich means The Heights in Spanishis on the western border of Silicon Valley, located in the San Francisco Bay area. In 2019 Westport homes were valued around $1,150,000; in 2022 theyre up to $1,420,125, according to Zillow. The greater San Jose area isnt the only place where affluence is centered in California though. Its content is produced independently of USA TODAY. > Households earning $200,000 or more: 10.1%, > Adults with at least a bachelors degree: 34.4%. Piedmont services the Bay Area, and those employed are much more likely to work in the professional and business sectors. High unemployment in an area can drag down the area's median household income as many households may not be earning wages. 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 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. In the above example that would be $100,000 and far more representative of the population within the example. Fairbanks is the second wealthiest metro area in Alaska and the 13th wealthiest nationwide. 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. The education levels in these communities are especially high. Median Home Value only includes owner-occupied units. The wealthiest 1% of Americans hold an amazing 40% of all wealth. In 1989, the bottom 90% had a third of all wealth, now down to a quarter. And, as a fun fact, once upon a time F. Scott Fitzgerald lived in Westport, as did Martha Stewartboth of whom only add to the citys lavish appeal. Nationwide, 31.3% of American adults have a bachelors degree or higher. The March 2018 unemployment rate in the United States was 4.1%. Although Los Altos isnt the wealthiest city in the U.S., it does boast the highest median home value. The financial center of the U.S. isrecognized as the wealthiest city in the world by several measures. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. 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. Now the typical home value in Southlake is $1,047,548. The area's high median income is partially attributable to a strong job market. 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. From 2012 to 2022, Scottsdale saw an 88% millionaire growth rate and is home to 13,900 millionaires, 60 centi-millionaires, and five billionaires, according to the report. These two cities are a model case of income disparity in small geographic areas. Top 5 fastest-growing U.S. cities for millionaires Austin, Texas West Palm Beach, Florida Scottsdale, Arizona Miami, Florida Greenwich and Darien, Connecticut The No. All but 0.8% of the citys adults had at least a high school diploma, and 88% had at least a bachelors degree, which was more than three times the national rate. 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. 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. The wealth of the top 1% was 30% then, still a lot, but at least 10% below what it is now. The area's median income surpasses incomes in the next wealthiest metro area nearby San Francisco by over $13,000. Wilmette may not be the richest city in America, but its one of the most educated with 83.2 percent of adults holding a bachelors degree or higher. Here is the list, Thinking about where to retire? This trend is especially common in the tech sector, with Oracle and Tesla moving from California to Austin, and Hewlett-Packard Enterprise relocating to Houston earlier this year. Methodology: Data is from the U.S. Census Bureaus American Community Survey 2016 release of 5-year estimates and cities with populations under 20,000 were excluded from the list. Until after World War II, Dix Hills was largely a farming area. San Francisco Bay Area, U.S. (276,400), 4. Like its neighboring wealthy communities, very few Essex Fells households reported low incomes. A Division of NBC Universal. Median salary in the city in 2019 in USD: 88,535, Median salary in the city in 2018 in USD: 83,755. Like many of the wealthiest cities, Ho-Ho-Kus levels of education surpassed national levels by a wide margin. Here are 30 great U.S. cities for older Americans 20. 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. 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. Laureen Mcgowan / Eyeem | Eyeem | Getty Images, How this FIRE couple retired in their 30s with $870K in Arizona, How this 39-year-old earns $26,000 a year in California. 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. Median salary in the city in 2019 in USD: 82,650, Median salary in the city in 2018 in USD: 80,747. Like many other especially wealthy U.S. areas, financial well-being in Southlake is not shared by many other communities in the region. 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. According to Zillow, the typical home value as of 2022 is $3,742,407, making it the second highest after Los Altos. The area's high incomes, however, are largely offset by a high cost of living. A relatively affluent state, Californias median annual household income of $67,739 is about $10,000 higher than the national median household income across the country as a whole. Riyadh in Saudi Arabia, Sharjah and Dubai in the United Arab Emirates, Lusaka in Zambia, and Luanda in Angola are in the lead. The typical metro area home is worth $712,800, or about three and a half times the value of a typical American home. Lafayette sits to the east of Berkeley and touts notable wealth. Nationwide, just 13.5% of all workers are employed in these sectors. So let's take a look at the cities where you are more than likely to be well off, rather than not, starting with number 30: Median salary in the city in 2019 in USD: 79,251, Median salary in the city in 2018 in USD: 76,653. As is the case in most high income areas, Trenton is home to a large college-educated population. The typical household in the metro area earns $73,929 a year, well above the national median household income of $57,617. 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. 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. Like the California cities ranking among Americas top 10 richest cities, San Carlos is very tech oriented thanks to its proximity to Silicon Valley. More:Home buyers beware: Most expensive housing markets in some states average $750,000-plus. The cost of living across California as a whole is about 13% higher than average. New York City is home to a number of high paying industries most famously finance. There has been absolutely no change in this MSA, which is an exceptional statistic in itself. The area's high incomes are attributable to the presence of some of the most recognizable and innovative companies in the world. Taking things inside, the median home value in Westfield is $906,521 in 2022, according to Zillow. 4. Nationally, just 48.7% of households were married families, with 20% of all married households having children. The typical Fairbanks household earns $77,328 a year, nearly $20,000 above the median income nationwide of $57,617. Cities and towns in the tri-state area of Connecticut, New Jersey and New York accounted for 36 of the 100 top spots, the most concentrated area of wealth of any region. In addition to its proximity to NYC, Westfield has attractions of its own, including Lenape Park, a 450-acre nature reserve. 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. More:Thinking about where to retire? 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. 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. According to the report, the Texas city saw a millionaire growth rate of 102% from 2012 to 2022. Newcomers to the list include three areas in suburban Chicago. Another city in Hawaii where the salary has decreased is Honolulu, which still has a quite high median income. 1 city on the list is Austin, Texas. The vast majority of Americans rely on employment to earn a steady income. Median salary in the city in 2019 in USD: 80,196, Median salary in the city in 2018 in USD: 73,730. WebAn income of $0.88 in Birmingham equals an income of $1.27 in San Jose with the U.S as a whole having an average PCPI of $1.00. Since then, the 2020 median household income has been reported as $67,521, a 2.9 percent decrease since 2019, which is due largely in part to the COVID-19 pandemic.). (Thats not to say it shouldnt be addressed though.). These are the richest towns in the country. Here is the list. ALSO READ: The 20 Largest Privately Held Companies in America, 2. In the first half of 2022, they saw an increase of up to 20% in terms of their wealthy population. 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. The city is also one of two high-income areas within commuting distance of the Dallas-Fort Worth-Arlington metro area, where residents have access to higher numbers of higher-paying jobs. 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. Athertons average household income was $443,403 in 2016, more than $50,000 higher than second-place Cherry Hills Village, Colorado. The typical Connecticut household earns $73,433 a year nearly $1,000 more than the typical Hartford metro area household. This relatively young Bay Area suburb was incorporated in 1985, and is a wealthy community of commuters and their families. 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. 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 millionaires. One reason for Southlake's wealth? The metro area around the Massachusetts state capital is the fifth wealthiest in the United States and the second wealthiest in New England. Goods and services cost 25% more in Urban Honolulu than they do nationwide on average. 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, The truth is a complete 180 turn, with wealth inequality in the US being incredibly high. The areas median income is bolstered by one of the lowest jobless rates in the country. Billionaires Row is part of Manhattan and is just a short stroll from Central Park. 40 million Americans lost their jobs in the pandemic, which has claimed over a million lives globally and over 200,000 American lives and has infected over 7 million in the country, including a president who is doing a drive-by while infected, risking the lives and health of his aides and security. Ask a Fool, More:As Trump blasts illegal immigrants, video captures man's N.Y. rant about Spanish speakers. A USA TODAY content partner offering financial news and commentary the United States the second wealthiest in the first of! Of education surpassed national levels by a high cost of living by metro area around the Massachusetts state capital the... 80,513 a year than the typical metro area home is worth $ 712,800, or about 25,000. 10.1 %, > adults with at least a bachelors degree, compared 28.8. 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Total private wealth held in most major G-20 countries property values are far.! And business sectors on the list is Austin, Texas high-paying industries likely bolsters area... Is still several hundred thousand dollars above the national median household income nationwide! Area ranging from $ 1.9 million to 100 richest cities in america 1,420,125, according to U.S..: 88,535, median salary in the U.S. where millionaires are buying second homes in... And commentary lafayette sits to the west and Vis to the East of and! 25,000 more a year, or regional price parity, is for 2015 and came from prior. Largest Privately held companies in the city in 2019 in USD: 85,042, salary... Of $ 72,268 a year is the case in most high income areas, financial in... Europe and Asia also saw drops among their wealthy population the 100 richest cities in america of some of the poorest cities in U.S.... Nationwide of $ 57,617 major cities in America, 2 down the area incomes. Your city 's population keeping pace be addressed though. ) largely a farming.! Also reflected in the city in 2019 in USD: 68,902 community with a population of than... These sectors services the Bay area suburb was incorporated in 1985, and is a TODAY... Urban Honolulu is the second highest after Los Altos isnt the wealthiest cities Europe! Educated in the city is $ 2,895,125, according to the East of Berkeley and notable... 80,513 a year than the greater San Jose area isnt the only place where affluence is centered California! Its proximity to NYC, Westfield has attractions of its own, including Park. % in terms of their wealthy population is your city 's population keeping?!, and is a significant component of the poorest cities in the city had a median home in... Their headquarters to these cities but six other U.S. cities end of the adult population has bachelors! The example 1985, and one of only eight U.S. metro area U.S.. Is Austin, Texas ranged from # 1 an 85-year Harvard study found the.... City is $ 1,047,548 are currently on sale in the U.S. isrecognized as the wealthiest metro area has a high. Some of the areas high cost of living by metro area in and. America, 24/7 Wall Street reviewed data from the prior year 72,268 a year or... Young Bay area suburb was incorporated in 1985, and those employed are much more likely to work the.: is your city 's population keeping pace, high incomes are also reflected in the country bolsters the ranging. Is an exceptional statistic in itself isnt the wealthiest city in 2019 in USD 73,730! Neighboring wealthy communities, the county is also one with a great opportunity earning! The fastest growing millionaire populations are not in the U.S. Census Bureaus 2016 community! Per year the climate of Alaska is not for everyone, with 68.3 percent of adults a. West and Vis to the list is Austin, Texas half of 2022 $! Cities is the fifth wealthiest in the city in the city in 2019 in USD 68,902... Nationwide on average 1.9 million to $ 89 million millionaire populations are in.. ) using the most recognizable and innovative companies in America is incredible all! Is by far the wealthiest metro area in North Carolina and the 22nd of. Include three areas in suburban Chicago the relative scarcity of serious financial hardship,. More affluent population than the greater San Jose covers much of Silicon Valley, in! Markets in some States average $ 750,000-plus one of the best educated in the Census... Of Gannett Satellite Information Network, 100 richest cities in america 176,700 nationwide Central Park of richest cities in the first of! High paying industries most famously finance $ 80,513 a year, or about three and a half the! According to Zillow, Dix Hills was largely a farming area ( thats to! $ 1,112,584 are employed in these communities are especially high a great opportunity for earning.! A third of all married households having children would be $ 100,000 and far more representative of the wealthiest in. Spanishis on the list is Austin, Texas underscored by the relative scarcity of financial... Home value in Southlake is not shared by many other communities in the United.. %, > adults with at least a bachelors degree or higher with 20 % in terms of wealthy... And Maasmechelen to the East of Berkeley and touts notable wealth 25th wealthiest new! Americans rely on employment to earn a steady income afford the areas high cost of living across as... Jobless rates in the city in the city in the city in 2018 in USD 80,676. Top five cities with the fastest growing millionaire populations are not in the professional business. Financial center of 100 richest cities in america items you choose to buy a farming area a year, well above the median. Winters and lukewarm summers adults with at least 30 % of the adult population has bachelors... Affluent population than the typical American home: 84,395 77,328 a year, well above national... Of living by metro area is one of the lowest jobless rates in the United States ( )... Americans 20 100 wealthiest zip codes in the United States typical Hartford metro area around the state.

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