Top Ten Richest Towns in America
Atherton, California, in the technology corridor between San Francisco and San Jose, topped the list as America’s wealthiest town, while more than one-third of the nation’s 100 richest households were located within 50 miles of New York City.
The town of six square miles is near Palo Alto, Stanford University and Menlo Park, the home of Facebook and other tech ventures. Atherton’s average household income was $443,403 in 2016, more than $50,000 higher than second-place Cherry Hills Village, Colorado.
The 10 richest towns in America 1. Scarsdale village, N.Y. > Median household income: $233,311. ... 2. Winnetka village, Ill. > Median household income: $211,250. ... 3. Piedmont city, Calif. > Median household income: $207,222. ... 4. West University Place city, Texas. > Median household income: $205,136. ... 5. University Park city, Texas. ...
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Where do the richest Americans live? Short answer: the Northeast. Six out of 10 of the nation’s wealthiest zip codes come from Connecticut, Maryland, New York and New Jersey, while three more lie just to the south, in Virginia. Only one zip code west of the Mississippi—76092 in Southlake, Texas—cracks the top 10.
Atherton, California, in the technology corridor between San Francisco and San Jose, topped the list as America’s wealthiest town, while more than one-third of the nation’s 100 richest households were located within 50 miles of New York City.
Last month, Time published a list of the 10 Richest Towns in America, crowning Short Hills, New Jersey, number one. Darien, Connecticut; Chappaqua, New York; and Fairfax Station, Virginia also made the cut. Notably absent, to the consternation of their residents: Greenwich, Connecticut; Beverly Hills; and Manhattan, to name a few.
Four of the 10 wealthiest towns are within commuting distance of New York City, two are close to Dallas, and two are outside of San Francisco. Being near a major metropolitan area does not guarantee an affluent community.
The annual median household income in the wealthiest towns in America can be as high as three or four times the national median income, and as much as five or six times the income in nearby impoverished communities.