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3); and Cherry Hills Village, Colorado (No. High-income areas tend to have well-educated populations -- and Duvall is no exception. Median household income: $92,688 (state: $74,057), Poverty rate: 4.3% (state: 7.9%), Median home value: $358,300 (state: $252,800). Ireland, on the rise thanks to favorable corporate tax policies, is projected to hit #1 by 2027.; The resource-rich land with the world's biggest economy, the United States, ranks 9th on the list. Median household income: $108,299 (state: $55,679), Median home value: $349,500 (state: $166,800). One of the wealthiest states in the country, New Jersey has a median household income of $79,363, about $29,000 more than the national median. Hefty income taxes and high property taxes make the Empire State one of Kiplinger's 10 least tax-friendly states. Bloomberg created and ordered this list by annual household income. For more sedentary folks, Breckenridge hosts the National Repertory Orchestra every summer and the Breckenridge Film Festival every autumn. 30.0. "The homes in Atherton are spectacular," Swann told CNBC Make It. In many cases, the chef is why someone visits a restaurant. With an average household income of more than $525,000, it became the first and so far only community to top the half-million dollar mark since Bloomberg started compiling the index in 2017. The typical home in Papillion is worth $180,700, far more than the $151,100 median home value in neighboring Omaha and the $147,800 state median. But the state has a 4.95% flat income tax system, property taxes are low and sales taxes are average. The top 20 richest towns in America all boast average household incomes above $300,000, while the top five ring up above $400,000. Prince William County, Virginia $106,200 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. The typical home in New Albany is worth $494,600, more than three times the state median home value of $140,000. As is often the case in wealthy communities, Fairway has high real estate values. The typical household in Horace today earns $131,354 a year, the most of any small town in North Dakota and more than twice the state median household income of $63,473. Subscribe and turn on notifications (?) In Brandon, most households earn over $84,000 a year, about $28,000 more than the typical South Dakota household. Thanks to its location on the Yampa river, Steamboat Springs is perfect for fishing, rafting, tubing and kayaking. In this article we take a look at the 30 richest cities in the United States. Christian. The Wealth Report is Knight Frank's flagship annual publication, offering a unique perspective on global wealth, prime property and investment. You can sum up the appeal of Edwards in one word: skiing. High paying jobs typically require a college degree, and Destrehan residents are far more likely than the typical Louisiana resident to have a college education. 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. The bottom 90% hold less than 25% of the total wealth. Its content is produced independently of USA TODAY. the Reasons To Do It, Making A Restaurant Thrive Finding The Best Chef, Critical Mistakes to Avoid in Strategic Communication, Overcoming the Challenges of Launching a Unique Business, Inclusion and Diversity at CEOWORLD magazine. Median household income: $80,666 (state: $44,921), Poverty rate: 4.1% (state: 17.8%), Median home value: $220,100 (state: $115,000). Ocean Pointe is a Census-designated place on the island of Oahu within commuting distance of Honolulu. A home stands in Atherton, California, U.S., on Tuesday, Feb. 18, 2020. Latest checked 2011 [1] The Church of Jesus Christ of Latter-day Saints. This combines to explain why the town is on the list of the 20 richest in New Jersey in 2019. By Kyle Woodley (It's an in-state draw for all the millionaires from the Stamford area, too. The wealthiest town in the state, Destrehan's median household income of $92,052 . Top employers in Elko County include the Elko County School District and West Wendover Casinos. New York, The median annual household income in America is just over $60,000. Take Bloomberg's just-released 2020 list of the country's 100 richest places, which ranks towns by average household income based on U.S. Census data. More than 8,000 people call Upper Saddle River in Bergen County home. Millionaires in America 2020: All 50 States Ranked. 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. Realtor. When you purchase through links on our site, we may earn an affiliate commission. Examples of investable assets include cash, stocks, bonds and funds, among a bunch of other types of investments and financial products. 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. Sean Hannity is the wealthiest anchor on television. With a population of around 9000, Glencoe is one of the most popular (and exclusive) suburbs of Chicago. Jackson is a town in Wyoming's famed Jackson Hole valley. When folks think of Steamboat Springs, its reputation as one of the best ski resort towns in the world is likely what first comes to mind. Belvedere, California is just north of Richardson Bay, across the water from San Francisco -- the second richest metro area in the country -- and within driving distance of San Jose, which is the richest metro area. Median household income: $80,853 (state: $59,116), Poverty rate: 4.1% (state: 11.6%), Median home value: $180,700 (state: $147,800). One whistleblower estimated it at $200 billion. All Rights Reserved. More than half of the 100 richest cities in the United States were in the New York City area or California. Batten the hatches for continued market tumult without eating high fees with these six Vanguard ETFs and mutual funds. The surrounding area is home to a number of tech companies, including Intel and Tektronix and textile companies like Columbia Sportswear and Nike. The 2014 slump in energy prices touched off the state's worst recession in three decades. 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. Within five years, Tulsa had grown from a rural crossroads town in the former Indian Territory into a boomtown with more than 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. DEA / M. BORCHI // Getty Images. Hampton is a small seaside Census-designated place of approximately 9,000 residents in Rockingham County. Seattle-Tacoma-Bellevue. Buckner is a Census-designated place located about 20 miles northeast of Louisville. Median household income: $159,536 (state: $77,378), Poverty rate: 2.5% (state: 10.8%), Median home value: $893,700 (state: $366,800). Happily, for all of Elko's residents, Nevada is a no-income-tax haven, and one of Kiplinger's top 10 most tax-friendly states. Dalton Gardens is north of Coeur d'Alene, Idaho, and across the border from Spokane, Washington, giving its residents access to two major population centers where they can find employment. Great Falls is the richest town in Virginia and one of the richest in the entire country. This is followed by Los Angeles with 52 billionaires, and San Francisco and Chicago, who each have 44 billionaires. The downside? In fact, every season challenges the next for which is more beautiful.". 9. But for more modest incomes, the impact is far milder, and property taxes are low (opens in new tab). Click for the full list. Around 276,400 millionaires, 623 centimillionaires and 62 billionaires live in the San Francisco Bay area, which includes Silicon Valley. 100. worldwide. Median household income: $75,441 (state: $62,268), Poverty rate: 11% (state: 11.1%), Median home value: $217,400 (state: $213,300). The typical Clarkson Valley household earns about $171,000 a year, more than three times the income the typical Missouri household earns. Even in one of the wealthiest states, Greenville stands out as especially affluent. New! 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. Glencoe - $308,625. Future US, Inc. Full 7th Floor, 130 West 42nd Street, 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. 10 Dividend ETFs to Buy for a Diversified Portfolio. Looking to buy a car? Just 4% of Gateway households have an annual income of less than $10,000, while 12% of households have an annual income greater than $200,000. 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. 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 . On the plus side, Massachusetts' reputation as a high-tax state is overblown (opens in new tab). These include financial companies Citi and Wells Fargo as well as the biomedical companies Avera Health and Sanford Health -- each of which employs thousands of people. However, also has some seriously luxurious mansions and impressively large . Today it has some of the most expensive homes in North Carolina. Pound Ridge, NY (pop. Median household income: $129,081 (state: $58,580), Poverty rate: 0.7% (state: 11.7%), Median home value: $301,700 (state: $142,300). 1 Boca Grande. At the same time, Hudson is chockablock with architectural gems. Groceries alone cost almost 40% more than the U.S. national average, according to the Council for Community and Economic Research's Cost of Living Index. 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. Median household income: $235,669 (state: $81,868), Poverty rate: 1.6% (state: 9.4%), Median home value: $1,090,400 (state: $305,500). According to Forbes' Real-Time Billionaires Rankings, as of February 2020, New York City is the American city with the most billionaires, with 82 billionaires. The county seat of Loudoun is in Leesburg, where most administration activities take place. 5,104) over $200,000: 2. Unfortunately for millionaires and folks of lesser means, New York State taxes take a bite. 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%. Atherton is a small neighborhood of about 7,000 people and it is located in the heart of Silicon Valley. Darien is the wealthiest small municipality in one of the wealthiest states. List of Top 10 Highest Paid News Anchors in India. A million bucks in liquid assets isn't what it used to be, but it's still really hard to amass. On the plus side, Alaska is one of the most tax-friendly states in the union (opens in new tab). A college degree can provide the holder with a much wider range of job opportunities, and the jobs themselves tend to be higher income. By Jeff Reeves Kiplinger is part of Future plc, an international media group and leading digital publisher. Dickinson's number and percentage of millionaire households declined year-over-year. Incomes tend to rise with educational attainment, and in North Star, about two-thirds of adults have a bachelor's degree or higher, compared to fewer than one in every three adults across Delaware as a whole. Many of those jobs in and around Fairway are high paying, as most households in the area earn over $100,000 a year, and more than one in five households earn $200,000 or more. ), "There's something for everyone: art galleries, outdoor activities, shopping, great food. While incomes and home values often correlate, housing in Spring Creek is more affordable than in much of Nevada. The typical household earns $214,477 a year, more than three times both the state median household income of $59,570 and the $60,293 national figure. Unfortunately, some of the other state and local taxes aren't quite so taxpayer-friendly. If your ideal summer retreat is a lakeside getaway, you could hardly do better than Laconia. Building on this momentum, Duke Energy Corporation and the state's rural electric . In Oak Hill, some 78.2% of adults have at least a bachelor's degree -- about three times the 26.6% state college attainment rate and by far the most of any small city or town in Tennessee. Fully 8.7% of Heber's 9,567 households have at least $1 million in investable assets. The Hudson, New York, micro area has emerged as an upstate hidey-hole for the well-heeled. 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. The area's population grew by 34.5% from 2013 to 2018, compared to the U.S. population growth of 3.6%. Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio. In Topsham, 44.9% of adults have a bachelor's degree, one of the larger shares of any small city or town in Maine and far more than the state bachelor's degree attainment rate of 30.9%. 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. Based on median household income, Mississippi is the poorest state in the country. The No. Sign up here, Your California Privacy Rights/Privacy Policy. Honolulu in Hawaii is one of the 100 Richest Cities in America #8. The Federal Reserve has been aggressive in its rate hiking, and it's likely not done yet. The facility has a nearly $3billion annual budget and employs some 13,000 people -- about two-thirds of whom have a college degree. Some 22.6% of households earn $200,000 or more, more than five times the comparable 4.4% of households throughout Wisconsin. Median household income: $204,145 (state: $56,213), Median home value: $1,505,300 (state: $209,600). 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). The typical Travilah home is worth $1.1 million, more than three times the $305,500 state median home value and more than five times the $204,900 national figure. There are six cities in where the median household income is less than $20,000: (1) Livingston . This abandoned high school was converted into a 31-unit apartment building. The typical home is worth $602,000, the most of any small town in Pennsylvania and more than triple the $174,1000 state median home value. Indeed, it has been cutting income taxes for several years in a row to the point that they barely exist. 50 Top Stock Picks That Billionaires Love. To clarify: That means they have at least $1 million in investable assets. The Highest-Paid News Anchors in 2019 1. In Paradise Valley, just 5% of residents live in poverty. More than 9% of Williston's households are considered to have millionaire status, but the absolute number of millionaire households actually declined from 2019. 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. Austin, Texas. Duvall is a small city of about 8,000 people located 25 miles northeast of Seattle. For year-round activities, the Heber Valley features five 18-hole championship golf courses, three state parks and a historic tourism railroad. A 35-minute train ride from New York City, the town sports quaint shops and top-rated schools . The tiny town about 35 miles northwest of Santa Fe is home to a government nuclear weapons laboratory and a number of chemists, engineers and physicists. Glenwood Springs has collected many accolades over the years. The typical Weddington household earns $132,587 a year, more than twice the median household income of $60,886 in Charlotte and the state median of $52,413. The Boston suburb of Winchester has a median household income of nearly $160,000 a year -- more than double the statewide median of $77,378, which itself is one of the highest among states. "Being only 20 minutes away from Silicon Valley and 45 minutes to downtown San Francisco, [Atherton] is where many billionaires and C-Suite executives choose to reside," Rachel Swann, real-estate brokerage The Agency San Francisco managing partner, told CNBC Make It. Driving time: 6 hours, 14 minutes. 12 Cheapest Small Towns in America 2020. A relatively low-income state, New Mexico is one of only seven states nationwide where most households earn less than $50,000 a year.