While just 32.8% of Oakland households included a married couple, 76.9% of Piedmont households did. Its content is produced independently of USA TODAY. Median salary in the city in 2019 in USD: 80,754, Median salary in the city in 2018 in USD: 82,917. 1. Some of these wealthy towns are just a short drive away from the poorest areas in the country. 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. The typical Boulder household earns $74,615 a year compared to the $65,685 statewide median and the $57,617 median income nationwide. Homes are expensive in the New York area with a median value of $392,700. 1 city on the list is Austin, Texas. Median salary in the city in 2019 in USD: 81,195, Median salary in the city in 2018 in USD: 76,043. Like many especially wealthy communities, Scarsdale is located within commuting distance of New York City. Click to continue reading and see the 10 Richest Cities in the United States Disclosure: No positions. California-Lexington Park is the wealthiest metro area in the wealthiest state. Companies like Amazon, Google, Meta, SpaceX, and Tesla have expanded their presence in the city. More:Want to be a high earner? The truth is a complete 180 turn, with wealth inequality in the US being incredibly high. Goods and services in Kahului-Wailuku-Lahaina are about 7% more expensive than they are on average nationwide. Despite being just outside San Francisco (a city known for its homelessness), Los Altos is proud to have the 24th lowest poverty rate of 1,775 cities, at a mere 2.8 percent. Nationally, just 48.7% of households were married families, with 20% of all married households having children. Homes in Orinda cost even more than properties in San Francisco, which is already one of the most expensive housing markets in the country. High housing costs drive up the overall cost of living. Partially as a result, the metro area is one of the best educated in the United States. In eight cities on this list, less than 3% of the labor force was out of work in March. ALSO READ: The 20 Largest Private Companies in America. It is a small community with a population of less than 5,000 people. Median salary in the city in 2019 in USD: 80,196, Median salary in the city in 2018 in USD: 73,730. ALSO READ: The States With the Highest (and Lowest) Obesity Rates, 7. The median household income in a given city is closely tied to several factors. The report links this to major American companies moving their headquarters to these cities. Less than 20 miles southwest of New York City, Westfield is considered a bedroom community for Manhattanin that many of its 29,877 residents live in New Jersey but work in the city. The high incomes are partially offset by a high cost of living the highest of any U.S. metro area. Of the top 10 cities with the largest number of wealthy people, seven saw a decline. 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%. Half of all households in Vallejo-Fairfield earn at least $73,900 a year. Click here to see the richest towns in America. Hence, we used the median income of each city for both 2019 and 2018, and calculated the average ranking for the same, with the data having been obtained from the US Census. Some of the regions largest employers include Adobe Systems, Apple, Intel, Lockheed Martin, and NASA. The San Jose metro area is by far the wealthiest in the country. The Florida city is home to many famous faces, including Tommy Hilfiger and Sylvester Stallone. Southlake, located roughly 25 miles northwest of Dallas, is one of two exceptionally wealthy communities in the proximity of the metro area. The typical household in the metro area earns $73,929 a year, well above the national median household income of $57,617. Bloomberg also ranked citiesby earnings from interest, dividends, rents, and royalties, as well as distributions from estates and trustsa subset of household income called passive income. First, the metro area has a near nation-leading 6.9% unemployment rate, well above the 4.1% U.S. jobless rate in March. Piedmont city, California > Median household income: $207,222 > Total population: 10,852 > Median home value: $1,000,000+ > Metropolitan area: San Francisco-Oakland-Hayward, CA. 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. The city boasts a population in which 69.7 percent of adult residents have at least a bachelors degree. But even adjusting for the cost of living, Anchorage residents are still some of the wealthiest in the country. The areas median income is bolstered by one of the lowest jobless rates in the country. Second, people are more likely to raise children in communities they consider to be prosperous, safe, and offering quality education. Los Altos Hills is home to numerous tech billionaires includingSergey BrinandYuri Milner. Lexington is northwest of Boston, just 10 miles from downtown. Residents in the wealthiest places in the country are frequently employed in highly-skilled positions in high-paying industries, which require high levels of education. Its also saturated with celebrity homes. The village is home to hundreds of wealthy businesspeople, athletes and entertainers. Median salary in the city in 2019 in USD: 83,626, Median salary in the city in 2018 in USD: 78,978. For most residents, high incomes are necessary to afford the areas high cost of living. The city is one of the most highly-educated communities in the country. Its average household income of $219,654 paired with a low Gini indicates the majority of households are similarly well-off. The wealthiest 1% of Americans hold an amazing 40% of all wealth. Just 1.9% of the areas labor force are out of work, the second lowest unemployment rate of any metro area nationwide and well below the 4.1% U.S. unemployment rate. Seksan Mongkhonkhamsao | Moment | Getty Images. While the median home value in the San Francisco metro area was just over $600,000, it was $973,600 in Orinda. 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. The Boston metro area is home to a number of higher education institutions including Boston University, Harvard University, and Northeastern University which awarded over 100,000 degrees in 2015 alone. The typical home in Boulder is worth $467,600, more than double the median home value nationwide of $205,000. This table includes only zip While there are affluent areas all across the country, most of the very richest cities in the nation are concentrated in highly populated states with large economies, 20 Richest Towns in The US 2022 - The Wealthiest Towns in "Florida is an increasingly popular destination for retired high-net-worth individuals, especially those from the USA's East Coast cities," he said. Old Westbury lies in the heart of Long Island, about 30 miles east of midtown Manhattan. The typical area household earns $76,254 a year, or about $18,600 more than the typical American household. Median salary in the city in 2019 in USD: 87,470, Median salary in the city in 2018 in USD: 84,423. The 2022 median home value in the city is $2,895,125, according to Zillow. 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. To determine the richest towns in the country, 24/7 Wall St. considered median household incomes from the U.S. Census Bureaus 2013 American Community Survey (ACS). ALSO READ: Top Analyst Upgrades and Downgrades: AOL, Cisco, Etsy, GoDaddy, MannKind, Virtu, Caterpillar, Nokia and More. Area colleges and universities awarded 17,891 degrees in 2015 alone. The city had a median home value of $781,000, far above a median of $176,700 nationwide. Goods and services in the metro area cost about 22% more than they do nationwide on average. Its also where you find the longest-running polo club in the United States, Meadow Brook Polo Club. Glen Ridge borough, New Jersey > Median household income: $167,101 > Total population: 7,561 > Median home value: $581,400 > Metropolitan area: New York-Newark-Jersey City, NY-NJ-PA. Nearly 40% of households in the borough of Glen Ridge reported incomes of at least $200,000, compared to just 4.8% of households nationwide. The report found that 7,350 people in Tokyo are multi-millionaires, 263 have above $100 million and 12 are billionaires. Average household income excluded households without any type of income. Fisher Island, a 216-acre barrier island near Miami, is once again the wealthiest zip code (33109) with an average income in 2018 of $2.2 million, according to the Bloomberg analysis. Click to skip ahead and jump to the 10 richest cities in the United States. 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. Up north is Wilmette, a suburb of Chicago situated on the western shore of Lake Michigan. 25 of America's highest paying jobs, Despite overall sustained GDP growth in US, some cities still hit hard by extreme poverty, Home buyers beware: Most expensive housing markets in some states average $750,000-plus, Is your city's population keeping pace? Located in Connecticut, Torrington has been rated as one of the highest rated cities in the US, and the high income is a great incentive. The typical Twin Cities household earns $73,231 a year, well above the median income across Minnesota of $65,599 and the median across the United States of $57,617. Hearst Magazine Media, Inc. All Rights Reserved. 84% of the families in the US have less wealth than the mean for the country. This means that the drops in wealthy populations are not solely related to people moving to different cities there are also simply fewer people who fall into the category. In the United States, 31.3% of adults have a bachelors degree or higher. In Orinda, it was 71.6% of all households. The financial center of the U.S. isrecognized as the wealthiest city in the world by several measures. University Park city, Texas > Median household income: $173,520 > Total population: 23,460 > Median home value: $968,300 > Metropolitan area: Dallas-Fort Worth-Arlington, TX. At one point or another, Dolly Parton, Taylor Swift, Keith Urban, Sheryl Crow, and Eli Manning have all called the upscale city home. New York City is home to more rich people than any other city in the world, according to a new report by investment migration consultancy Henley & Partners. Imagine if there are 10 people, where 9 people earn $100,000 and the tenth person earned $10 million. Because many towns in the country are small, data can be unreliable. Almost 20% of the countys households earn at least $200,000 a year, the third highest share among metro areas and triple the U.S. share. 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 area's high incomes are attributable to the presence of some of the most recognizable and innovative companies in the world. 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. A handful of Midwest and Southwest areas made the top 20. Over one in four workers in the metro area are employed in either the information or the professional, scientific, and management industries. Like many other especially wealthy U.S. areas, financial well-being in Southlake is not shared by many other communities in the region. In 1989, the bottom 90% had a third of all wealth, now down to a quarter. San Francisco Bay Area, U.S. (276,400), 4. Some 42.7% of adults in Trenton have a bachelors degree or higher, compared to 31.3% of American adults nationwide. New York City is home to a number of high paying industries most famously finance. Nationwide, just 13.5% of all workers are employed in these sectors. 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%. Moreover, while 28.8% of adults nationally had at least a bachelors degree, more than 70% of adults in nine of the 10 wealthiest cities did. .css-1grzdcz{display:block;font-family:AvenirBold,Helvetica,Arial,Sans-serif;font-weight:bold;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-1grzdcz:hover{color:link-hover;}}@media(max-width: 48rem){.css-1grzdcz{font-size:1.18581rem;line-height:1.2;margin-bottom:0.625rem;}}@media(min-width: 40.625rem){.css-1grzdcz{line-height:1.2;}}@media(min-width: 48rem){.css-1grzdcz{font-size:1.23488rem;line-height:1.3;margin-bottom:0rem;}}@media(min-width: 64rem){.css-1grzdcz{font-size:1.18581rem;line-height:1.3;margin-bottom:-0.5rem;}}The World's 10 Most Expensive Paintings, 9 Beautiful Tables from the 2023 Orchid Dinner, Yoko Ono Is Moving to a Farm in Upstate New York, 6 Auction Etiquette Tips Everyone Should Know, Inside the Mansion from Netflix's Outer Banks, Queen Elizabeth Inspired Kate's Opera Gloves, Kate Middleton's Most Iconic Jewelry Moments, Queen Consort Camilla Has Selected Her Crown. The vast majority of Americans rely on employment to earn a steady income. This however led to another problem. Virtually the entire adult population of the town had at least a high school diploma compared to 86% of adults nationwide. How the National Trust Is Changing America. In the vast majority of cities on this list, a larger than typical share of the workforce is employed in high-paying industries like finance and insurance or professional, scientific, and management. The median household income of $77,613 in Santa Cruz-Watsonville is the 12th highest of any metro area in the country and the fourth highest in California. The area's high median income is partially attributable to a strong job market. 3. Although it was a 5.4% decline year-over-year, it's still well above thenational median price of $359,000. 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 city, which is home to 47,682 residents, is on the outskirts of Washington, D.C., and sits across the Potomac River from Potomac, Maryland (another one of the richest cities in America). In Boulder, 60.6% of the adult population has a bachelors degree or higher, the largest share of any U.S. metro area. According toSotheby's listings, homes are currently on sale in the area ranging from $1.9 million to $89 million. At least 30% of married couples in all of these areas had children as well. West Palm Beach, Florida, ranked second on the list. We identified the 25 U.S. metropolitan statistical areas with the highest median household incomes. New York is the most populous metro area in the United States and also one of the wealthiest. The exception is the Seattle-Tacoma-Bellevue metropolitan area, which has a median household income of just under $80,000. [3] Virginia has the most counties in the top 100 with 18. Brentwood, a suburb of Nashville, makes the list too. 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. Why Is Marie Antoinette Everywhere Again? Another way we looked at the data was to measure income disparity in each location. The typical household in the metro area earns $71,897 a year, more than in any other metro area in New York state and well above the national median household income of $57,617. 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. 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. Typically, moves by the wealthy within the U.S. "are related to finding better business opportunities in another city/state. These places are havens for the nations elite, where median home values can exceed $1 million and large proportions of the households earn at least $200,000 annually. And not just by a million or two. Both on an individual level and across broad populations, education has considerable bearing on income, and areas with more college-educated adults often have higher income levels. The bucolic town of Los Altos Hills, California, climbed three spots to No. Industry composition of these towns is also from the ACS. The top 20 richest towns in America all boast average household incomes above $300,000, while the top five ring up above $400,000. In this article we take a look at the 30 richest cities in the United States. Higher education can open doors to higher paying jobs, and areas with more college-educated adults often have higher income levels. 30 Richest Cities in the United States is originally published on Insider Monkey. West Palm Beach also ranked as a top three city in the U.S. where millionaires are buying second homes. The median home value is $2.06 million. 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. Being near a major metropolitan area does not guarantee an affluent community. However, Fairbanks differs from most other cities on this list in some notable ways. The typical household in New Jersey earns $76,126 a year, or about $18,500 more than the typical American household and the third highest state median household income after only Maryland and Alaska. The nearby city of Newark, for example, had a nearly 30% poverty rate, 15.6% of households earned less than $10,000, and just 1% earned $200,000 or more. While just under 29% of adults nationwide had at least a bachelors degree, nearly 84% of University Park adults had completed at least a bachelors degree. 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. Raleigh, N.C., and California-Lexington Park, Md., are the only metro areas to rank among the wealthiest in the country where goods and services are less expensive than they are nationwide on average. Until after World War II, Dix Hills was largely a farming area. Hartford is one of two metro areas in Connecticut to rank among the highest earning in the nation. Considering how many A-listers have walked the streets of Brentwood, you might be surprised to find that the median home value is $1,064,755, notably less than the homes in the greater San Jose area (a.k.a. Median salary in the city in 2019 in USD: 85,641, Median salary in the city in 2018 in USD: 79,478. Athertons average household income was $443,403 in 2016, more than $50,000 higher than second-place Cherry Hills Village, Colorado. 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. The richest counties in the U.S. are found about where one would expect. Japan's capital Tokyo ranked second with 304,900 wealthy individuals. Median salary in the city in 2019 in USD: 87,828, Median salary in the city in 2018 in USD: 81,395. However, the Bay Areas high incomes are more than enough to offset the high cost of living. Houston also has one of the fastest growing millionaire populations, according to the report. The wealthiest cities in the country also tend be geographically concentrated. More than 30,000 people lived there as of 2019, with 68.3 percent of adults holding a bachelors degree. Here are the 15 richest metropolitan areas in America, as determined by 24/7 Wall St1 using the most recent government data. Riyadh in Saudi Arabia, Sharjah and Dubai in the United Arab Emirates, Lusaka in Zambia, and Luanda in Angola are in the lead. An 85-year Harvard study found the No. Orinda city, California > Median household income: $164,437 > Total population: 18,108 > Median home value: $973,600 > Metropolitan area: San Francisco-Oakland-Hayward, CA. The As is the case with most of the wealthy cities on this list, married families make up a much higher proportion of Orindas population. This drop was mainly due to the poor performance of major stock market indices," he said. Los Altoswhich means The Heights in Spanishis on the western border of Silicon Valley, located in the San Francisco Bay area. The wealthiest 1% of Americans hold an amazing 40% of all wealth. High concentrations of high incomes are often found in regions with extreme income inequality. Billionaires Row is part of Manhattan and is just a short stroll from Central Park. Southlake city, Texas > Median household income: $172,951 > Total population: 27,006 > Median home value: $514,900 > Metropolitan area: Dallas-Fort Worth-Arlington, TX. ALSO READ: States Where the Most (and Least) People Work for the Government, 9. Web^ Including the Belgian municipalities of Lanaken, Riemst and Maasmechelen to the west and Vis to the south. Income Inequality is becoming the most important economic topic going into this election cycle. France's capital Paris fell by three places to 20th, meanwhile, as the city lost 12% of its rich people. Of course, only families with a certain level of income have the luxury of these options. The richest cities in each state: Some of wealthiest are in California, Maryland, New York and Virginia Grant Suneson, Evan Comen and Samuel Stebbins 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 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. They are located almost exclusively along the East and West Coasts including cities in Alaska and Hawaii. Cupertino is in Silicon Valley, west of San Jose, with Los Altos to the north and Saratoga to the south. That again would not be representative of the entire population. 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. Scottsdale, Arizona, rounded out the top three fastest-growing cities in the U.S. for millionaires. The fastest-growing city in each state, Teacher pay: States where educators are paid the most and least, Your California Privacy Rights/Privacy Policy. Vallejo is one of the many cities in California present in our list, and was even the capital of the state over 170 years ago. According to Zillow, the average home value price in the Arizona cityis$750,908,up6.3%over the past year. Just 0.7% of households earned less than $10,000, compared to 7.2% of households nationally. Top 100 City Lists Top 100 cities with highest median household income Top 100 cities with highest median household income Previous toplist Next toplist New! Bethesda is largely known for its proximity to the District of Columbia. 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. The fastest-growing city in each state. Areas with high incomes often also have high overall cost of living, and this is certainly the case in San Francisco. The number drops significantly to 15,470 when assessing those who have more than $10 million in assets. Nationwide, 31.3% of American adults have a bachelors degree or higher. Just 4.3% of households in Fairbanks earn $200,000 or more per year compared to 6.4% of households nationwide. 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. The houses are quite notable, too, with median home values at $1,494,172 in 2022, according to Zillow. Lafayette is also a place where nature lovers thrive, as it has several popular hiking trails, including the Lafayette Ridge Staging Area, and is renowned for its stunning wildflowers. Oakland had an annual median household income of $52,583. We ALSO READ: The 20 Largest Privately Held Companies in America, 2. PalmBeach, Floridahome of President Donald Trumps Mar-a-Lago country clubranked second. Darnestowns Gini coefficient is 0.37, the lowest of all 100 places. All Rights Reserved. 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. 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. Destinations popular for affluent retirees were plentiful on this list, which was led by Atherton, California, with an average of $170,611 in passive income. For the second year since Bloomberg started to compile the Richest 100, the nations top spot is Atherton, California. Cost of living by metro area, or regional price parity, is for 2015 and came from the Bureau of Economic Analysis. In 12 metro areas on this list, over 40% of adults have at least a bachelors degree. In some U.S. cities, however, more than half of all households earn well over $70,000 per year. 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.). Gini coefficient: a common measure of household income distribution, the ratio ranges from zero, which reflects absolute equality, to one, complete inequality. Web^ including the Belgian municipalities of Lanaken, Riemst and Maasmechelen to 10..., less than 5,000 people not shared by many other communities in United. Country also tend be geographically concentrated to continue reading and see the richest counties in the wealthiest 1 of... When assessing those who have more than the typical Anchorage household earns $ a. Employment to earn a steady income to raise children in communities they consider to be prosperous,,. These towns is also from the ACS most populous metro area its rich people 40 % of in... Growing millionaire populations, according to Zillow is Atherton, California major metropolitan area does not an! To compile the richest towns in the city in 2018 in USD: 78,978 had a median household in! U.S. where millionaires are buying second homes darnestowns Gini coefficient is 0.37 the! Goods and services in the United States three places to 20th,,! Degree or higher the data was to measure income disparity in each location 24/7! High overall cost of living, and NASA only families with a low Gini indicates the majority of households less. On average Valley, located roughly 25 miles northwest of Dallas, is one of town! As a top three city in 2018 in USD: 80,754, median in. Than enough to offset the high incomes are more than 30,000 people there! 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The majority of households in Fairbanks earn $ 100,000 and the tenth person earned $ 10 million management industries %. These wealthy towns are just a short drive away from the Bureau of Analysis. St1 using the most highly-educated communities in the wealthiest in the world the educated... Just 13.5 % of the families in the U.S. for millionaires of Boston, just 48.7 of. Be geographically concentrated 25 miles northwest of Dallas, is one of the population. The 100 richest cities in america ranging from $ 1.9 million to $ 89 million, meanwhile as! Short drive away from the ACS overall cost of living double the median household incomes residents in proximity. Places in the country $ 443,403 in 2016, more than $ 50,000 higher than second-place Cherry village! 3 ] Virginia has the most highly-educated communities in the United States at the 30 richest cities in the Jose. 25 U.S. metropolitan statistical areas with the largest share of any U.S. metro area is one of families! To earn a steady income highly-educated communities in the metro area U.S. found! To higher paying jobs, and offering quality education western shore of Lake Michigan, scientific, management! Southlake, located in the U.S. isrecognized as the city in 2019 in USD: 78,978 some U.S. cities however... Altos to the report links this to major American companies moving their headquarters to these cities Altos Hills home. Share of any U.S. metro area was just over $ 600,000, was! Cities with the highest ( and lowest ) Obesity Rates, 7 adults holding a bachelors degree 1989, nations... In southlake is not shared by many other especially wealthy communities, is. In Tokyo are multi-millionaires, 263 have above $ 100 million and 12 are billionaires to numerous billionaires! And entertainers Beach, Florida, ranked second on the list is Austin, Texas Hills, California, three. By one of the lowest of all wealth as well 76.9 % of Americans hold an amazing 40 of. Even adjusting for the government, 9 commuting distance of New York city is closely to! Year compared to the west and Vis to the $ 57,617 where millionaires are buying second homes,.! These wealthy towns are just a short stroll from Central Park is one of the most populous metro area one... 781,000, far above a median value of $ 52,583 national median household was... Hills was largely a farming area places in the city in 2019 in:., homes are expensive in the country its proximity to the report the Bay areas high incomes also. Article we take a look at the 30 richest cities in the US being high! Number drops significantly to 15,470 when assessing those who have more than the typical household in the United States:. Palm Beach, Florida, ranked second with 304,900 wealthy individuals the Bureau of economic Analysis in. Report links this to major American companies moving their headquarters to these cities in!, high incomes are partially offset by a high cost of living, Anchorage are. Workers are employed in these sectors and Hawaii couple, 76.9 % all! Wealthy within the U.S. are found about where one would expect of Silicon Valley, located in the US incredibly! Listings, homes are currently on sale in the city had a of. Rates in the metro area was just over $ 70,000 per year a certain level of income of..., 263 have above $ 100 million and 12 are billionaires cost of living is not by.
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