(See below for yet even more examples.) Complete list click for interactive table. The sun-kissed island and nearby neighbors offer a tropical paradise in the good ol' U.S. of A. Individuals with greater educational attainment are more likely to have high-paying jobs. Atherton, California tops the list for the fourth . 5,104) over $200,000: 2. While the economies of rural areas are believed to be less exposed to these effects, the virus has adversely affected all parts of the U.S. Problematic logos: Does it really matter if Aunt Jemima and Uncle Ben get retired? While the median income in Essex Junction is about $15,000 more than the statewide median, it falls below the overall median in several other states, including neighboring Massachusetts and nearby Connecticut. New Albany is a suburb of the Columbus metro area, located less than 15 miles northeast of the Ohio state capital. Washington, D.C . "The homes in Atherton are spectacular," Swann told CNBC Make It. It has ranked in the top five of Outside magazine's best places to live in America, and Southern Methodist University once named it the "Most Vibrant Small Town Arts Environment in the United States. 4); and Los Altos Hills, California (No. Most homes in Pinecrest are worth over $900,000, while most Florida homes are worth less than $200,000. The Evergreen State makes the cut because it doesn't have an income tax. Published 21 December 22. small cap stocks Check out: The best credit cards of 2020 could earn you over $1,000 in 5 years, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Some 39% of adults have a bachelor's degree or higher, well above the comparable 23.7% share of adults across the state as a whole. This time the list is from Bloomberg. Fairfield County towns have made yet another list of the richest places in the U.S. Another appealing aspect of the area for millionaires: It's a straight shot down Interstate 80 to reach Sacramento, the state capital, and San Francisco. so you don't miss any videos: http://goo.gl/0bsAjO Over the past year, housing . Like all Floridians, Key West's millionaires save a bundle on taxes. Estimates of millionaire households provided by Phoenix Marketing International. With three major ski resorts and an abundance of other year-round recreational activities, it's easy to see the appeal for those with means. Median household income: $159,536 (state: $77,378), Poverty rate: 2.5% (state: 10.8%), Median home value: $893,700 (state: $366,800). "Coupeville and Langley have higher incomes, swankier homes and older residents." Median household income: $97,143 (state: $57,598), Median home value: $225,400 (state: $242,400). The New Hampshire state capital is home to a horde of state, county, local and federal agencies and the law firms and professional agencies that support them. Genesee is a small Census designated place located less than 20 miles west of Denver. Median household income: $75,441 (state: $62,268), Poverty rate: 11% (state: 11.1%), Median home value: $217,400 (state: $213,300). As is often the case in the small cities and towns on this list, Winchester residents tend to be well educated. Unfortunately, some of the other state and local taxes aren't quite so taxpayer-friendly. Topsham is a Census-designated place of approximately 6,100 residents located about 25 miles north of Portland, Maine. Buckner is a Census-designated place located about 20 miles northeast of Louisville. But the state has a 4.95% flat income tax system, property taxes are low and sales taxes are average. 9. Mountain biking, hiking and fly fishing are just a few of the allures for the millionaire who likes the great outdoors. Elko's fortunes rise and fall with the price of gold, so one would hope that its millionaire population is properly diversified. The city continues to attract some very educated people; about 44% of adults in the area have at least Bachelor's Degrees. Atherton is joined by Scarsdale, New York (No. In fact, every season challenges the next for which is more beautiful.". Posted Mon, Feb 24, 2020 at 12:35 pm ET. The typical home in Fairway is worth $352,000. The typical Hampton household earns $92,688 a year, the most of any small town in New Hampshire and far more than the $74,057 state median household income. Watch on. Great Falls is the richest town in Virginia and one of the richest in the entire country. Of all adults in the area, 38% have a bachelor's degree or higher, compared to 33.3% of adults statewide. The rugged mountain terrain is ideal for hiking, mountain biking, camping, you name it. 2); Hillsborough, California (No. For more sedentary folks, Breckenridge hosts the National Repertory Orchestra every summer and the Breckenridge Film Festival every autumn. Median household income: $93,364 (state: $51,424), Median home value: $205,100 (state: $130,900). All 30 Dow Stocks Ranked: The Pros Weigh In. Median household income: $88,199 (state: $63,296), Poverty rate: 5.3% (state: 13.1%), Median home value: $251,300 (state: $249,800). The area sits between Lake Winnisquam and Lake Winnipesaukee in the middle of New Hampshire's famed Lakes Region. Great Falls is just across the Potomac River from Maryland and a short commute away from Washington, D.C., giving residents access to the many high-paying jobs available in the area in government and with government contractors. This idyllic town has all the charms of Old Florida--a thriving fishing industry, mom-and-pop eateries, and, of course, beaches built for casual strolling. Median Home Value: $288,200. Not only is there no state income tax, but the government actually pays residents an annual stipend. Scarsdale, NYsales price of $1.2 million, Scarsdale is the richest town on the East Coast. Hampton is a small seaside Census-designated place of approximately 9,000 residents in Rockingham County. 30.0. Combined, the median household income is just over $171,000. Today it has some of the most expensive homes in North Carolina. Kip ETF 20: The Best Cheap ETFs You Can Buy. Bridgeport's median is just over $80,000, which is the highest of any municipality in the state but one of the lowest on this list. Naturally, this tony locale is not easy on the wallet, as evidenced by the exorbitant real estate prices. Top 5 fastest-growing U.S. cities for millionaires. NY 10036. Burlington, the largest city in the state, sits less than 10 miles west of Essex Junction. Batten the hatches for continued market tumult without eating high fees with these six Vanguard ETFs and mutual funds. Atherton is the richest town in America. 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. Tiny Elko, Nevada, owes its high concentration of millionaires to its status as the capital of Nevada's gold mining industry. Like many prosperous communities, New Albany is growing rapidly. Advertisement - Continue Reading Below. Median household income: $170,952 (state: $53,560), Poverty rate: 1.3% (state: 14.2%), Median home value: $629,200 (state: $151,600). Gabe Kaminsky of the Washington Examiner reports an ethic watchdog's critique of high-profile congressional Democrats known as "The Squad." Democratic members of the "Squad" in Congress continue to raise ethics concerns and red flags among watchdog groups, who have often urged government bodies to investigate their alleged misconduct.The latest situation earning the ire of watchdogs Median household income: $127,351 (state: $59,393), Poverty rate: 4.8% (state: 14.1%), Median home value: $509,900 (state: $287,300). However, also has some seriously luxurious mansions and impressively large . At the same time, the town offers easy access to several major cities. Rock Springs has since transitioned from coal to an economy dependent on trona mines and oil and gas, and is today the wealthiest small town in Wyoming. The typical Topsham household earns $72,537 a year, the most of any small city or town in the state and more than the statewide median household income of $55,425. Sponsored Content (opens in new tab) Previous Next 2/25 (Image credit: Getty Images) 24. Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016. Feb 25, 2020, 3:05pm Updated on Feb 25, 2020. The typical home in University Park is worth $1.2 million, compared to the median home value of $161,700 statewide. With pristine beaches, lush forests, soaring mountains and relatively few people, Kapaa (and the surrounding area) is an ideal place for a millionaire's tropical island nest. Visit our corporate site. The typical household earns $127,351 a year, more than double the $59,393 the typical Oregon household earns. Here are nine of the best stocks for rising interest rates. But the town's signature draws are antiques and architecture. For the fourth straight year, Atherton toppedBloomberg'sRichestPlaces annual index. According to Niche, the national percentage is 20%. 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%. . Tega Cay, South Carolina, is located on a peninsula along Lake Wylie, just south of the border with North Carolina. All of the wealthiest neighborhoods in America on Bloomberg's Richest Places Index have average household incomes over $300,000. With a median home value of $316,500, the typical home in the town has a median value more than double the median home value across the state as a whole. All four have average incomes upwards of $400,000. More than 8,000 people call Upper Saddle River in Bergen County home. Here are the 10 leading cities for the wealthy for 2019. Christian. The median . 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). A wealthy suburb of the Omaha metro area, Papillion has grown from approximately 1,000 residents in 1950 to more than 20,000 today. 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. The best healthcare stocks offer investors a defensive hedge in an uncertain market. In most of these cities, people have it made, financially. By comparison, the median household income across Pennsylvania is $59,445. A million bucks in liquid assets isn't what it used to be, but it's still really hard to amass. 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. 10. Centerton is the fastest growing small city or town in Arkansas and one of the fastest growing places in the entire country. With a population of around 9000, Glencoe is one of the most popular (and exclusive) suburbs of Chicago. This city in the oil-rich Bakken Formation soon found itself home to fracking millionaires. Median household income: $80,135. Destrehan is a Census-designated place with 11,000 residents, located about 20 miles west of downtown New Orleans. The Oak Harbor, Washington, micro area actually encompasses all of Whidbey Island. Median household income: $159,167 (state: $50,972), Poverty rate: 0.8% (state: 16.1%), Median home value: $649,000 (state: $158,600). This unincorporated town in Essex County was founded by the inventor of the modern roller shade in the 1870s. 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. Median household income: $74,172 (state: $43,567), Poverty rate: 3.8% (state: 20.8%), Median home value: $177,900 (state: $114,500). Small cities and towns are listed by percentage of millionaire households, from lowest to highest. Atherton is a small neighborhood of about 7,000 people and it is located in the heart of Silicon Valley. Brandon is a small city in eastern South Dakota, just outside of Sioux Falls -- a city home to several major companies that offer high-paying employment opportunities. Due in part to a warm climate, proximity to the ocean, and access to a major city, homes in Pinecrest are expensive compared to statewide home values. Greenwich and Darien, Connecticut. The typical household in Papillion earns $80,853 a year, the most of any small city or town in Nebraska and far more than the state median household income of $59,116. In Avondale Estates, 74.8% of adults have at least a bachelor's degree, the largest share of any city in Georgia and more than twice the state college attainment rate of 30.7%. The county seat of Loudoun is in Leesburg, where most administration activities take place. Income distibution for all U.S. cities. 1 city on the list is . We only considered areas with populations between 1,000 and 25,000. Higher prices have been a major headache for investors, but these best inflation-proof stocks could help ease the impact. 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%. Let's break out of Northern California and talk about an expensive Florida neighborhood - Port Royal, located in Naples. The campus covers over 8,693 acres of land of three adjoining campuses in Durham and in Beaufort, there is a marine lab for students to explore. 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. Maryland has the second most millionaires per capita of any state in the U.S., according to Phoenix Marketing International, but it's unfriendly when it comes to taxes (opens in new tab). Fly fishing, hiking and whitewater rafting draw folks to town in the summer months. Median household income: $156,205 (state: $70,116), Poverty rate: 2.1% (state: 11.5%), Median home value: $452,200 (state: $311,700). Much of Alaska's wealth is tied to the energy business. ; The 15 Richest Countries in the World Oxnard-Thousand Oaks-Ventura, California. Hidden Valley is a private residential community on the eastern edge of Indiana, just across the Ohio border from Cincinnati. While many of the small cities and towns on this list have median home values of well over half a million dollars, in Brandon, most homes are worth less than $178,000. Real estate values in Winchester reflect the area's high incomes. More than one in every five households in the area earn over $200,000 a year. Pound Ridge, NY (pop. The 2014 slump in energy prices touched off the state's worst recession in three decades. This is further evidenced by rapid population growth. Microsoft co-founder Paul Allens estate in Atherton, CA, recently sold for a hefty $35.25 million. We added hundreds of new lists - see our top 101 city lists. As is often the case in wealthy communities, Fairway has high real estate values. Concord also benefits from being within easy reach of Laconia and the state's famed Lakes Region, as noted earlier. The typical household earns $176,528 a year, more than twice the $68,411 state median household income and nearly three times the $60,293 national figure. One of the main reasons for this is likely a high level of education. The top 20 richest towns in America all boast average household incomes above $300,000, while the top five ring up above $400,000. Based on median household income, Mississippi is the poorest state in the country. 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). And while it helps to be a millionaire to live in Juneau, it's increasingly difficult to become one. The largest companies in the area include government tech contractor Booz Allen Hamilton, Inova Health System, and government-sponsored finance giant Freddie Mac. When you purchase through links on our site, we may earn an affiliate commission. Every one of the top 20 towns have households that bring in at least $300,000 a year. With an average household income of more than $525,000, it became the first and so far only community to . North Star, Delaware, located about 10 miles west of Wilmington and 35 miles southwest of Philadelphia, has a median household income of $141,533, more than double the statewide median of $65,627. The area's high incomes are supported by access to high-paying jobs in nearby urban centers, which in addition to New York City, include Norwalk and Stamford in Connecticut. While incomes and home values often correlate, housing in Spring Creek is more affordable than in much of Nevada. 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. On the downside, Minnesota is not a friendly state (opens in new tab) when it comes to taxes. As residents like to point out, few towns have a groomed ski area right in their downtown that is accessible to all. Its content is produced independently of USA TODAY. For the second year since Bloomberg started to compile the Richest 100, the nation's top spot is Atherton, California. Laconia, New Hampshire. Here are . The typical home in Rock Springs is worth $217,400, slightly more than the $213,300 state median home value. By the end of the last decade, fortunes were once again looking up, but that came to a halt with the coronavirus. Source: Bloomberg. 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. The North Star State hits hard with income tax and property taxes are on the high side, too. One whistleblower estimated it at $200 billion. The self-made hyper-rich say these things are the key to getting there. Wanna be a billionaire? The Phoenix suburb has a median home value of just over $1.5 million -- by far the highest of any small city or town in the state. But this comes at a cost. Water views, rolling hills and a verdant landscape (at least in the warmer months) make for many an idyllic scene. And just when Alaska could see an end to the downturn, COVID-19 hammered the energy sector. Either way, these are the 25 smallest cities and towns boasting the highest concentrations of millionaire households in the U.S. And just for good measure, we're also providing some important tax and cost-of-living information. 20. Pinecrest, Florida, is located a few miles south of Miami, just inland from Biscayne Bay. Billionaires say to be successful, do these simple things every day. As of 2020, Jim Walton's net worth is $44.6 billion, placing him at 11th on this list of the richest people in America. It also can get a bit crowded. This helps qualify Highland residents for the many high paying jobs available in the area, such as those in higher education, health care, and tech. Jackson is a town in Wyoming's famed Jackson Hole valley. The village was originally incorporated in 1892 as a means to organize a school system for the children of farmers, and today it is the wealthiest small town in Wisconsin. Rock Springs is a city located at the intersection of Interstate 80 and US 191 in Sweetwater County in southwest Wyoming. Gardnerville Ranchos is a favorite hiding place for millionaires because of its proximity to Lake Tahoe, which has long been a getaway for the rich and famous. Unfortunately for millionaires and folks of lesser means, New York State taxes take a bite.

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