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Easton's proximity to the beach, abundance of parks and good schools make for an idyllic small-town experience for residents. 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. Posted Mon, Feb 24, 2020 at 12:35 pm ET. If you need access to specialists not available at Northfield Hospital & Clinics, the Mayo Clinic is about 60 miles away, in Rochester. One characteristic these towns have in common is a high level of education. Median household income: $75,439 (state: $60,076), Poverty rate: 6.2% (state: 11.2%), Median home value: $283,400 (state: $223,700). Perhaps best known is Hanover, N.H., which forms the northern tip of this urban agglomeration. Naturally, skiing is what first comes to mind when it comes to Breckenridge, but the area supports a wide range of sports and cultural activities through all four seasons. Atherton, CA- Average household income - $450,696. Median household income: $123,220 (state: $48,392), Poverty rate: 11.5% (state: 17.9%), Median home value: $328,000 (state: $135,300). Concord also is a major distribution, industrial and transportation hub. Analysts say a tough 2022 has left these small-cap stocks priced for outperformance in the new year and beyond. 6. 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. This unincorporated town in Essex County was founded by the inventor of the modern roller shade in the 1870s. . Educational attainment is one of the largest determinants of income. Median household income: $153,417 (state: $53,267), Poverty rate: 5.5% (state: 14.8%), Median home value: $919,800 (state: $196,800). For year-round activities, the Heber Valley features five 18-hole championship golf courses, three state parks and a historic tourism railroad. Winnetka - $311,902. The boom times looked to be rolling again in North Dakota until COVID-19 gutted oil demand. 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. The high incomes in Glen Ridge are evident by real estate values. Hot springs, rafting, kayaking, fishing, hiking, mountain biking and golf, among many other activities, make Glenwood Springs a year-round destination. Originally developed as housing for the teachers and staff of Southern Methodist University in the early 1920s, University Park has since developed into one of the wealthiest communities in the country. Rank Metropolitan statistical area Population Per capita income 1 Washington-Arlington-Alexandria, D.C-Virginia-Maryland MSA 5,949,178 $47,411 Inverness is a suburb located some 33 miles northwest of downtown Chicago in Cook County. Driving time: 6 hours, 14 minutes. 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. Hidden Valley is a private residential community on the eastern edge of Indiana, just across the Ohio border from Cincinnati. Travilah is a wealthy suburb situated some 15 miles up the Potomac River from downtown Washington D.C. With a median household income of $235,669 a year, Travilah is the wealthiest place with a population between 1,000 and 25,000 in both Maryland and the United States. "Oak Harbor is usually regarded as the poorer but more developed stepsister when compared to other Whidbey municipalities," notes the Whidbey News-Times. He's also written for Esquire magazine's Dubious Achievements Awards. 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. With a median household income of $156,205, Duvall is the wealthiest small city or town in the state. As for taxes, millionaires could do worse. Darien is the wealthiest small municipality in one of the wealthiest states. As is often the case in wealthy communities, Fairway has high real estate values. 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. Pound Ridge, NY (pop. The typical household earns $127,351 a year, more than double the $59,393 the typical Oregon household earns. The typical actual cost that students . Future US, Inc. Full 7th Floor, 130 West 42nd Street, DEA / M. BORCHI // Getty Images. It's easy to see why Glenwood Springs is popular with millionaires. Most households in the area earn over $170,000 a year -- more than triple the median annual household income statewide of $55,000. Median household income: $132,587 (state: $52,413), Poverty rate: 1.7% (state: 15.4%), Median home value: $443,600 (state: $165,900). Incomes tend to rise with educational attainment, and not only is Cumberland Hill the wealthiest place in the state, it is also the best educated. The states with the highest number of the richest cities are California with 23, New Jersey with 18, and New York with 13. 25% of the total families in US don't even have $10,000. The Faribault-Northfield area is so desirable that Kiplinger has named it a great place to retire. 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. #2. 11 March 2007: The tables provide GDP figures for cities and their surrounding urban areas in 2020. The 2014 slump in energy prices touched off the state's worst recession in three decades. In others, a particular industry drives local wealth. All. Cashing in on George Floyd: T-shirts, pillows, running shoes and even underwear are being sold, Median household income: $151,055 (state: $48,486), Median home value: $441,000 (state: $137,200). The town of six square miles is near Palo Alto, Stanford University and . 10 Dividend ETFs to Buy for a Diversified Portfolio. For the fourth year in a row, the suburb of Atherton, California topped Bloomberg's annual Richest Places Index. Median household income: $105,000 (state: $57,422), Poverty rate: 2.7% (state: 12.4%), Median home value: $352,200 (state: $145,400). Revealed: Countries With The Fastest Internet Speeds, 2020, Why Acting Like An Entrepreneur May Be Killing Your Business, Best Universities For Doctor of Business Administration (DBA), 2022, Worlds Best Hospitality & Hotel Management Schools, 2022, 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, These are the worlds trendiest countries, 2023, Living in the Countryside? Visit our corporate site. Across Missouri, 28.6% of adults have a four-year college education. Not only is there no state income tax, but the government actually pays residents an annual stipend. The poverty rate in Dalton Gardens is 3.6%, a fraction of Idaho's 13.8% poverty rate. Martha's Vineyard has 17,000 or so year-round residents, but the population can swell to 200,000 during peak summer months. The small city has grown in tandem with SMU and the larger Dallas metro area, increasing from a population of 4,200 in 1930 to 24,954 today. Published 24 January 23. recession The surrounding area is home to a number of tech companies, including Intel and Tektronix and textile companies like Columbia Sportswear and Nike. 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. Source: Bloomberg. The Beehive State ranks well in every category we measured. In fact, according to the Organization for Economic Co-operation and Development, the U.S. ranks 10th in the number of hours worked per country (Mexico, C It's a good thing, too, considering the high price of homes in the area. Published 17 January 23. places to live Cost of living: 21.1% above U.S. average. 2020-10-14T13:25:00Z . The nearby world-class resorts of Vail and Beaver Creek draw big-spending skiers hoping to see and be seen all winter long. The typical household in Vermont earns about $60,000 a year, in line with the national median household income. Lexington has become one of the wealthiest cities in America, with the typical home costing $1,361,431 in 2022, according to Zillow. Atherton is the richest town in America. Los Angeles, Chicago and Houston round out the top five . 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. (It's an in-state draw for all the millionaires from the Stamford area, too. Here are . The average household income of people in this town is calculated as $450,696. The 150 richest cities in the world by GDP in 2020. Indeed, it's one of the more expensive cities in the U.S. Chalk it up to the remote location of Alaska's capital, which is tucked away in the southeast corner of the state hard against the Canadian border. In Glen Ridge, New Jersey, about 15 miles west of Manhattan, the typical household earns $213,801 a year, more than in any other small city or town in the state, and among the most anywhere nationwide. As residents like to point out, few towns have a groomed ski area right in their downtown that is accessible to all. With a population of around 9000, Glencoe is one of the most popular (and exclusive) suburbs of Chicago. Based on median household income, Mississippi is the poorest state in the country. Within five years, Tulsa had grown from a rural crossroads town in the former Indian Territory into a boomtown with more than 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. While Silicon Valley and the New York metro area make up a big chunk of this list, the richest people in America also take up residences in Arizona, Florida, Colorado and Virginia. Kiplinger is part of Future plc, an international media group and leading digital publisher. 10. ", 91 Top Dividend Stocks From Around the World. The Sunshine State is well known for its absence of a state income tax, which helps make it one of Kiplinger's 10 most tax-friendly states (opens in new tab). Looking to buy a car? List of Top 10 Highest Paid News Anchors in India. Number of individuals with a net worth of $5 million or more: 36,515. 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%. 27 / 52. Los Alamos sounds like an unlikely place to find a lot of millionaires, but we're talking about the concentration of millionaire households, not the total number of millionaires.

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