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. RANKED: These Are The 50 Richest Towns To Live In The United States, 2020. Should the American taxpayers from lower-income areas be subsidizing the lifestyles of the rich and famous? Hearst Magazine Media, Inc. All Rights Reserved. Why? Youll recognize some of the top people, like Bill Gates (Seattle) and Phil Knight West University Place is a suburb of Houston, just southwest of downtown. Atherton, CA (income: $525,324/ bailout: $3.8 million) With a median home price of $7.5 million, Atherton is home to tech billionaires and sports stars. The top 20, listed below, each had an average household income over $300,000. 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. In these places, the typical household has an income that is three times, and occasionally even four times, that of the national median of $57,652. 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 community has at least nine country clubs. You can get just about any demographic on just about any city center. In these wealthy communities, the average household income ranged from #1 Atherton, CA ($525,324) to #50 Darnestown, MD ($262,988). None of the richest cities in the country are particularly large. Some parts of this area are just off the charts out of touch with reality. The truth is a complete 180 turn, with wealth inequality in the US being incredibly high. Top editors give you the stories you want delivered right to your inbox each weekday. To even make the top 100, towns need an average household income of more than $220,000. But hey -- you could spend your days counting your money, right? This Fairfax County, Connecticut, town is just 37 miles from New York City, but its wealthy residents likely consider it a world away, thanks to its 11 parks, 2 public beaches, and several private clubs focused on activities like golf and yachting. Probably. Chappaqua Daily Voice serves Chappaqua, NY. You may opt-out by. Some notable Americans who have called the Essex County, New Jersey, town home include actress Anne Hathaway and fashion designer Rachel Zoe. #6. How in the heck did they get so much money here? However, in the run up to the November election, President Donald Trump indicated he was open to a $2 trillion deal. Highland Park is an affluent suburb of Dallas, just four miles north of downtown. ATHERTON, CA - JULY 12: A mansion style home is seen July 12, 2005 in Atherton, California. Bloomberg Surveillance, covering the latest news in finance, economics and investments. You could easily drive through this leafy Silicon Valley suburb without realizing you were in Americas richest neighborhood. Keep reading for a look at richest towns in the US. Each has an average household income of over $400,000. 24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. 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. It might help to see how much your community received. While it's idyllic in many places, it can be quiteboring. the cities with the most expensive homes. Its content is produced independently of USA TODAY. Well, maybe there's a lot less about the midwest than you thought you knew, kiddo. 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. After the analysis was over, we crowned Cary as the richest city in America for 2022. The wealthiest 1% of Americans hold an amazing 40% of all wealth. For the rest of America, we can feel better about ourselves when we define rich as love, friends, health or the little things in life. Sponsored: Find a Qualified Financial Advisor. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal, S&P 500 Wraps Up Turbulent Month Near Lows of Day: Markets Wrap, Cash Is Paying More Than Traditional Stock-Bond Portfolio. The SNAP benefit recipiency rate can be one indicator of poverty, and the richest cities in the country have a significantly lower share of the population relying on this program formerly called food stamp than the 11% share nationwide. 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. Then, U.S. Senate Leader Mitch McConnell (R-KY) refused to call the bill. Some of the cities listed are indeed among. Paradise Valley is right outside of Phoenix. Keep reading to learn more about the top 20 richest towns in America. Atherton, California Average household income: $525,324 2. Families earn the 3rd highest incomes in the whole state. Why Is Marie Antoinette Everywhere Again? Does being rich make you a happier person? Here are the top 10 richest places in the U.S., according to Bloomberg: 1. But wealthy people - like old money people will never spend all their money. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_1',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');The general assumption is going to be suburbs of major cities where people live in big homes, away from the grimy, packed downtown areas. (These are the most educated big cities in the country). Lifestyle 02/21/2020. Many of the streets are named after authors, such as Geoffrey Chaucer, John Dryden, and William Shakespeare. It's just plain boring is all. This Westchester County suburb of New York City is the richest town on the East coast. We found the 50 richest places in the country received $350 million in bailouts. Atherton is a small neighborhood of about 7,000 people and it is located in the heart of Silicon Valley. New Yorks richest person and former mayor, Michael Bloomberg, is worth $59 billion.Beijings richest billionaire is the founder of TikTok (among other things), Zhang Yiming with a net worth of $35.6 billion.. Photographer: David Paul Morris/Bloomberg via Getty Images, A mansion-style home in Atherton, California, the most expensive ZIP code in the state, Why Finland and Denmark are the happiest countries in the world, How this 39-year-old earns $26,000 a year in California. In the richest cities, over half of adults in the same age group have at least a bachelors degree, and in 15, this figure is higher than 80%. How does 20% of Kansas rank as the wealthiest cities in the nation? Median household income is an important indicator for understanding the level of wealth in places throughout the country. We excluded towns for which the margin of error at 90% confidence was greater than 10% of either the median household income or the population. Just 17 miles south of San Francisco in Californias San Mateo County, Hillsborough is home to several significant mansions in American architectural history, including: Carolands, built by Harriet Pullman Carolan, the Pullman railway heiress; the Western White House, built by George Randolph Hearst, son of William Randolph Hearst, and designed by Julia Morgan, of Hearst Castle fame; and the Sidney Bazett Residence, designed by Frank Lloyd Wright and lived in by Joseph Eichler for a time. Any more than that, and you're not. 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. While Silicon Valley and the New York metro area make up a big chunk This Dallas suburb is home to the Americas first self-contained shopping center: Highland Park Village, which opened in 1931, was designed by architects Marion Fresenius Fooshee and James B. Cheek in a Spanish Revival style and is on the National Register of Historic Places. We contacted Speaker Pelosi and the Atherton city manager for comment and did not receive a response. So, while your little small town might be rollin' in the dough, we're only looking at the most populated areas. Paradise Valley takes sixth-place for the small town with the most households, totaling 5,239. 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. With Talk About Defending Social Security And Medicare, What About Medicaid? Do you think they know they're the richest people in the state? Located 20 miles from Silicon Valley, the San Francisco suburb is home to the many tech titans of Google Education is one of the largest determinants of income. Darien, CT. Average Household Income: $352,839. When HomeSnacks looks at a place to live, we study the stats you can find anywhere on the web. 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. They can't even do it if they tried. Top 15 Filthy Rich Neighborhoods In AmericaHammock Oaks - Coral Gables, Florida. Coral Gables is where the University of Miami is located. The Golden Triangle - Greenwich, Connecticut. The Golden Triangle is a section in Greenwich, Connecticut that is considered to be Americas wealthiest neighborhood.Los Altos Hills - San Jose, California. Clyde Hill - Seattle, Washington. More items Or if you're simply not interested in reading about the high and mighty, and you don't care about this list, check out: Here in Cary, North Carolina, things couldn't be more rich. It is known for its luxury golf courses, and it's also the hometown of both Emma Stone and Dick Van Dyke. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. People come here to find jobs and for a more peaceful and better quality of life. Only 3.26% of residents here are without work, and if you drive around town long enough, it'll be clear; anyone who wants a job here can get a job. Click here to see our detailed methodology. 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. According to a recent survey by Forbes.com, Atherton, a small town in the heart of silicon has been called the most expensive ZIP Code, 94027, in the nation, with a median home price of nearly $2.5 million in 2004 and has been attracting several Google employees who are taking advantage of hot company stock options. Travilah, Maryland. Just about all households who live here earn well over $100,000 a year annually. 4. Our auditors at OpenTheBooks.com cross-referenced the nations 50 richest communities listed in the Bloomberg 2020 Richest Places with Heroes Act coronavirus bailouts. Launching and succeeding with an innovative, one-of-a-kind business is an exhilarating yet daunting journey. Boroughs, census designated places, cities, towns, and villages were all considered. It's safe, friendly, and there are great schools. Atherton, the upscale community south of San Francisco, has been home to the former chairman of Google Eric Schmidt and brokerage boss Charles Schwab. 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