100 richest towns in america 2020

Within five years, Tulsa had grown from a rural crossroads town in the former Indian Territory into a boomtown with more than Median household income: $129,081 (state: $58,580), Poverty rate: 0.7% (state: 11.7%), Median home value: $301,700 (state: $142,300). Loudoun County is the richest county in the USA, with an estimated average household income of $ 117,876. 1 Bethany ($121,149) This town is the richest in the entire state of Oregon and it even has a larger population of 20,646. Indeed, former presidents Bill Clinton and Barack Obama have summered there, and Jacqueline Kennedy Onassis long maintained a home on the island. This is followed by Los Angeles with 52 billionaires, and San Francisco and Chicago, who each have 44 billionaires. Data on household incomes and home values come from the U.S. Census Bureau. Median household income: $92,052 (state: $47,942), Poverty rate: 3.6% (state: 19.4%), Median home value: $234,500 (state: $157,800). A suburb of Kansas City, Fairway, like many small cities and towns on this list, is well within commuting distance of employment opportunities in a major city. T-shirts, pillows, running shoes and even underwear are being sold, Hertz is selling thousands of used cars in its fleet in bankruptcy at bargain prices, Money tips and advice delivered right to your inbox. This island off the coast of Cape Cod the Census Bureau classifies the entire island as part of the Vineyard Haven micro area is one of the most desirable summer vacation spots in the Northeast and has long been a favorite of the rich, the famous and the powerful. Heres how it works. Relative to much of the country, median incomes do not vary much from place to place in Vermont. The Highest-Paid News Anchors in 2019 1. According to Niche, the national percentage is 20%. 1 Boca Grande. The Summit Park micro area, which also includes Park City, is a short drive from Salt Lake City and has the second highest concentration of millionaire households of any small town in the U.S. The typical area home is worth about $645,000, nearly double the value of the typical New Jersey home. All. Scottsdale, Arizona. Fairfax County, which includes the independent cities of Fairfax City and Falls Church, remains one of the . Major employers in the area include Amazon, Boeing, and Microsoft. Atherton isn't the only town touting notable wealth, though. Median household income: $161,641 (state: $59,445), Poverty rate: 5.8% (state: 12.8%), Median home value: $602,000 (state: $174,100). Published 11 January 23. stocks Highland, Utah, is located between Salt Lake City, the largest metro area in the state, and Provo, home to Brigham Young University, the state's largest college. To ensure accuracy, we only considered places where the margin of error for population and median household income was less than 10%. The median household income is $94,027, and the median home value is $503,000. Millionaire households: 1,840; In Los Alamos, most households earn over $100,000 a year. The Cannon River runs through town, and several parks and walking paths provide access to fishing, canoeing and kayaking. The typical actual cost that students . Median household income: $80,135. Less than 2% of the town's 5,500 residents live below the poverty line, a fraction of the state poverty rate. Median household income: $222,115 (state: $65,323), Poverty rate: 3.3% (state: 14.6%), Median home value: $954,400 (state: $302,200). At the same time, the town offers easy access to several major cities. The typical home in University Park is worth $1.2 million, compared to the median home value of $161,700 statewide. The median in Jenks is tens of thousands of dollars higher, at over $93,000. The town of six square miles is near Palo Alto, Stanford University and . New Mexico's personal income tax rates top out at 4.9% on taxable income over $16,000 for single filers and over $24,000 for married couples filing jointly. . Located along the Connecticut River bordering Vermont, this 50-square-mile town in the Upper Valley is home to Dartmouth College, the smallest of the eight Ivy League colleges. A 35-minute train ride from New York City, the town sports quaint shops and top-rated schools . Too cold outdoors? Multiple bodies of water including Donner Lake, where the Donner Party met its gruesome demise, make the entire area a recreational haven for water sports. The 25 Best Low-Fee Mutual Funds You Can Buy. With its covered bridges, forests and rivers, the scenery is gorgeous. Bridgeport, just south of Morgantown and West Virginia University, has the highest four-year college attainment rate of any town in the state, at 50.7%. Batten the hatches for continued market tumult without eating high fees with these six Vanguard ETFs and mutual funds. America's 100 Richest Places. Posted Mon, Feb 24, 2020 at 12:35 pm ET. If you need access to specialists not available at Northfield Hospital & Clinics, the Mayo Clinic is about 60 miles away, in Rochester. Examples of investable assets include cash, stocks, bonds and funds, among a bunch of other types of investments and financial products. An 85-year Harvard study found the No. Median household income: $88,199 (state: $63,296), Poverty rate: 5.3% (state: 13.1%), Median home value: $251,300 (state: $249,800). More than 10% of Alaska residents live in poverty, yet the poverty rate in Gateway is just 4.2%. 2020 At 9:44 pm. Genesee is the most highly-educated small city or town in Colorado, as 79% of residents 25 and older hold at least a bachelor's degree. That makes for easy access to the White Mountain National Forest about 30 miles to the north. Even in one of the wealthiest states, Greenville stands out as especially affluent. . These commodity ETFs offer investors exposure to the diverse asset class, which is a helpful hedge against inflation. revealing the wealthiest towns in the US. In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics and more. A popular New England vacation destination, Hampton is home to some of the most expensive houses in New Hampshire. On the plus side, Alaska is one of the most tax-friendly states in the union (opens in new tab). In most states, the wealthiest town has a median household income that is two or three times higher than the median across the state as a whole. There's been a lot of panic surrounding the mass exodus of wealthy residents from New . Rock Springs is a city located at the intersection of Interstate 80 and US 191 in Sweetwater County in southwest Wyoming. Kiplinger is part of Future plc, an international media group and leading digital publisher. The corporate leadership positions available to Centerton residents have likely helped raise the town's median household income to over $73,000 -- well above the statewide median of $45,726. South Carolina has one of the higher poverty rates among states, at 16%. Feb 25, 2020, 3:05pm Updated on Feb 25, 2020. Hidden Valley is a private residential community on the eastern edge of Indiana, just across the Ohio border from Cincinnati. Latest checked 2011 [1] The Church of Jesus Christ of Latter-day Saints. 10 Ridgewood, New Jersey . But high concentrations of millionaires can be found in some far-flung places too. Median household income: $174,750 (state: $54,938), Median home value: $856,700 (state: $146,200). Raleigh-Durham International Airport. Residents seeking a break from quaint New England living can drive to Boston in less than 90 minutes. In the last five years, the number of people living there jumped by 33.9%. The population of Horace has grown rapidly over the past several decades, from 276 residents in 1970 to 2,660 today. [2] Sree Venkateswara Swamy Temple. List of Top 10 Highest Paid News Anchors in India. Jackson is a town in Wyoming's famed Jackson Hole valley. Sure, the loss of the federal personal exemption due to the new tax law means that many Utahns, particularly those with multiple dependents, will pay higher state taxes than before. Published 24 January 23. recession Sponsored Content (opens in new tab) Previous Next 2/25 (Image credit: Getty Images) 24. Jenks, Oklahoma, is located just south of Tulsa, so residents have access to the many high-paying jobs in the bigger city, in sectors like health care and aerospace engineering. Here are . Across Missouri, 28.6% of adults have a four-year college education. Rank City Income; 1. Demand for oil is gradually coming back, but it is by no means taking off. The typical Clarkson Valley household earns about $171,000 a year, more than three times the income the typical Missouri household earns. In many cases, the chef is why someone visits a restaurant. Largely agricultural for most of its history, Weddington began to develop more residential housing in the 1970s in tandem with the expansion of the Charlotte metro area. Here are the 20 richest counties in the U.S. and the average household incomes of each, according to DailyMail.com's report. It became the first and only neighborhood in America to top the half-million-dollar mark. The area sits between Lake Winnisquam and Lake Winnipesaukee in the middle of New Hampshire's famed Lakes Region. Summary: The Wealthiest Cities in America For 2022. The title of most expensive town in Florida goes to the South-West beachside paradise, Boca Grande. Incomes in the town are so high likely partly because of the residents' high level of education -- more than two-thirds of Highland Lakes residents 25 and over hold at least a bachelor's degree, one of the larger shares of any small city or town in Alabama. Median household income: $97,143 (state: $57,598), Median home value: $225,400 (state: $242,400). The median home value in Hidden Valley is $196,800, more than $60,000 higher than the median home value in Indiana as a whole. Bloomberg released its annual list of the richest town . The rugged mountain terrain is ideal for hiking, mountain biking, camping, you name it. Mississippi: Sherwood-Audubon Area, Jackson. Looking to buy a car? Known for high-income levels and a low unemployment rate, Luxembourg is the richest country in the world. Los Alamos sounds like an unlikely place to find a lot of millionaires, but we're talking about the concentration of millionaire households, not the total number of millionaires. This abandoned high school was converted into a 31-unit apartment building. We only considered areas with populations between 1,000 and 25,000. As residents like to point out, few towns have a groomed ski area right in their downtown that is accessible to all. Weddington is a small town of approximately 11,000 residents located 16 miles south of downtown Charlotte. The typical area home is worth about $1.5 million. Walmart is the largest employer in Benton County, where Centerton is located. Published 17 January 23. places to live . Located in Washington County, Arkansas, the small town of Goshen is considered to be the wealthiest in the state. As a bonus, gun buyers aren't reliant on hit-and-miss sales or once-a-year clearance events, to save money. With a population of around 9000, Glencoe is one of the most popular (and exclusive) suburbs of Chicago. Educational attainment is one of the largest determinants of income. On the downside, Minnesota is not a friendly state (opens in new tab) when it comes to taxes. Once upon a time before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. Median household income: $80,853 (state: $59,116), Poverty rate: 4.1% (state: 11.6%), Median home value: $180,700 (state: $147,800). The Claremont-Lebanon micro area abuts Laconia and has plenty of its own attractions, as well. Speaking of wealth, Atherton's average household income is a mind-boggling $525,324, up $74,638 since 2017, when it was last recorded by Bloomberg. 24/7 Wall St. reviewed the median annual household income in over 2,600 cities, towns, villages, and census designated places to identify the richest town in every state. The economy in Los Alamos is supported by the Los Alamos National Lab -- a research and development center for the Department of Energy and the National Nuclear Security Administration. The mansions of America's wealthiest could just be a short trip from where you live although you might need a boat to get there. Another attractive aspect of the area is that the City of Lebanon operates Storrs Hill, a 20-acre ski area that hosts three ski trails, two ski jumps, a surface lift and ski lodge. It's less than an hour away from Annapolis, the state capital, while Washington, D.C., and Baltimore can be reached by car in about 90 minutes (traffic willing). More than 9% of Williston's households are considered to have millionaire status, but the absolute number of millionaire households actually declined from 2019. The downside? Dallas. The median . The typical Montana City household earns $93,194 a year, the most of any small city or town in Montana and far more than the $52,559 state median household income. More than half of the 100 richest cities in the United States were in the New York City area or California. DEA / M. BORCHI // Getty Images. Building on this momentum, Duke Energy Corporation and the state's rural electric . The wealthiest place in the state, New Albany has a median household income of $203,194, nearly four times the income the typical Ohio household earns annually. Does it really matter if Aunt Jemima and Uncle Ben get retired? In Glen Ridge, New Jersey, about 15 miles west of Manhattan, the typical household earns $213,801 a year, more than in any other small city or town in the state, and among the most anywhere nationwide. Mountain biking, hiking and fly fishing are just a few of the allures for the millionaire who likes the great outdoors. Top employers in Elko County include the Elko County School District and West Wendover Casinos. Atherton is a small neighborhood of about 7,000 people and it is located in the heart of . But the area offers much more than pricey lift tickets and celebrity spotting. To clarify: That means they have at least $1 million in investable assets. Phoenix Marketing International (opens in new tab), a firm that tracks the affluent market, annually ranks 933 urban areas, large and small, based on the percentage of millionaire households in each location. 9. One of the primary determinants of income is education. This is further evidenced by rapid population growth. Winnetka - $311,902. Centerton is the fastest growing small city or town in Arkansas and one of the fastest growing places in the entire country. Reply. In Gateway, Alaska, most households earn more than $100,000 per year, compared to the statewide median income of $76,715. 4. All 50 have among the highest share of adults with a bachelors degree in their states, and all but four exceed the U.S. bachelors degree attainment rate of 31.5%. It also helps that New Hampshire is a relatively tax-friendly state (opens in new tab). The typical home in Weddington is worth $443,600, the highest median home value of any small city or town in North Carolina and more than twice the $165,900 state median. 24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. In most of these cities, people have it made, financially. Indeed, if Nevada were a country, it would be the world's fourth-largest producer of gold behind China, Australia and Russia, according to the U.S. Geological Survey. Click to skip ahead and jump to the 10 richest cities in the United States. The 2014 slump in energy prices touched off the state's worst recession in three decades. ETFs More than three out of every four adults in the area have a bachelor's degree or higher, compared to 41.9% of adults in Massachusetts. The largest companies in the area include government tech contractor Booz Allen Hamilton, Inova Health System, and government-sponsored finance giant Freddie Mac. Antigua and Barbuda Citizenship by Investment Program (CIP), St. Lucia CIP: Saint Lucia Citizenship By Investment Program, Vanuatu CIP: Vanuatu Citizenship By Investment Program, Montenegro Citizenship By Investment Program (CIP), Moldova CIP: Moldova Citizenship By Investment Program, Turkey CIP: Turkey Citizenship By Investment Program, Portugal Golden Visa Program. There are obviously more than a few high rollers in this area as the median household income is $121,149 and housing isn't much better at a median cost of $479,700. The typical home in Montana City is worth $331,900, the most of any city with a population between 1,000 and 25,000 in Montana and far more than the $219,600 state median. Today it has some of the most expensive homes in North Carolina. Prince William County, Virginia $106,200 To compiler their 2020 list of the 50 richest places, Bloomberg "evaluated . The net impact of accounting for differences in the purchasing power of a dollar in . These places aren't in the best states to move to in the USA, but a few are some of the wor. A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. The aforementioned Park City, which hosts Robert Redford's Sundance Film Festival, also boasts several world-class ski resorts. In Brandon, most households earn over $84,000 a year, about $28,000 more than the typical South Dakota household. Concord also is a major distribution, industrial and transportation hub. Revealed: Countries With The Fastest Internet Speeds, 2020, Why Acting Like An Entrepreneur May Be Killing Your Business, Best Universities For Doctor of Business Administration (DBA), 2022, Worlds Best Hospitality & Hotel Management Schools, 2022, Antigua and Barbuda Citizenship by Investment Program (CIP), St. Lucia CIP: Saint Lucia Citizenship By Investment Program, Vanuatu CIP: Vanuatu Citizenship By Investment Program, Montenegro Citizenship By Investment Program (CIP), Moldova CIP: Moldova Citizenship By Investment Program, Turkey CIP: Turkey Citizenship By Investment Program, These are the worlds trendiest countries, 2023, Living in the Countryside? Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. Median household income: $132,587 (state: $52,413), Poverty rate: 1.7% (state: 15.4%), Median home value: $443,600 (state: $165,900). Its closest competitor, the quaint Hamptons village of Sagaponack, had a median price that, at $3.9 million, was about half of Atherton's. Keep reading for a closer look at the 27 most expensive . In Essex Junction, the wealthiest small city or town in the state, the median household income is just $75,439. Theres also a home for sale 6.8 times that size (15,300-square-foot) and more than 19 times that price, listed at $32 million. Median household income: $159,536 (state: $77,378), Poverty rate: 2.5% (state: 10.8%), Median home value: $893,700 (state: $366,800). Lexington has become one of the wealthiest cities in America, with the typical home costing $1,361,431 in 2022, according to Zillow. Although Torrington might be hidden in the northwest corner of the state, millionaires can't escape Connecticut's onerous tax bite (opens in new tab). Skiing, luxury shopping, world famous film festivals the Summit Park, Utah, area has everything a millionaire could ask for and more. Happily for residents, Washington is among the most friendly states for taxes (opens in new tab). Median household income: $159,167 (state: $50,972), Poverty rate: 0.8% (state: 16.1%), Median home value: $649,000 (state: $158,600). It is a short drive from Charlotte. Median household income: $210,511 (state: $76,106), Median home value: $1,461,100 (state: $272,700).

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