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The Cannon River runs through town, and several parks and walking paths provide access to fishing, canoeing and kayaking. Millionaires building second homes in the Steamboat Springs area have done more to push up house prices than wages. The area sits between Lake Winnisquam and Lake Winnipesaukee in the middle of New Hampshire's famed Lakes Region. Most homes in Belvedere are worth more than $2 million. Mississippi: Sherwood-Audubon Area, Jackson. Nearly 60% of Highland residents 25 and older hold at least a bachelor's degree, as compared to 33.3% of Utah adults. 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). Batten the hatches for continued market tumult without eating high fees with these six Vanguard ETFs and mutual funds. The 2014 slump in energy prices touched off the state's worst recession in three decades. 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. By comparison, the median household income across Pennsylvania is $59,445. Most households in the town earn more than $150,000 annually, and more than one-third earn over $200,000. 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%. For example, giant brands like The Coca-Cola Company (NYSE: KO ), Walmart Inc. (NYSE: WMT ), oil companies like Exxon Mobil Corporation (NYSE: XOM ), and many U.S.-based airlines, American . The median in Jenks is tens of thousands of dollars higher, at over $93,000. Concord also benefits from being within easy reach of Laconia and the state's famed Lakes Region, as noted earlier. And while it helps to be a millionaire to live in Juneau, it's increasingly difficult to become one. 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. Inverness is a suburb located some 33 miles northwest of downtown Chicago in Cook County. The three largest employers in Linn County, where Robins is located, are in the aerospace, insurance, and health care fields, all of which can pay relatively high salaries. Click for the full list. Its richest municipality, Dalton Gardens, has a median household income of just over $71,000, which is lower than that of any other municipality on this list. South Carolina has one of the higher poverty rates among states, at 16%. Located less than 25 miles west of St. Louis, Clarkson Valley residents have access to employment opportunities in the nearby city, many of them high paying. Median household income: $75,439 (state: $60,076), Poverty rate: 6.2% (state: 11.2%), Median home value: $283,400 (state: $223,700). Higher prices have been a major headache for investors, but these best inflation-proof stocks could help ease the impact. Montana City is also home to some of the most expensive homes in the state. Published 21 December 22. small cap stocks Prince William County, Virginia $106,200 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. By Jeff Reeves Microsoft co-founder Paul Allens estate in Atherton, CA, recently sold for a hefty $35.25 million. so you don't miss any videos: http://goo.gl/0bsAjO Over the past year, housing . Loudoun County is located in the Commonwealth Virginia, with a population of 375,000 people. Individuals with greater educational attainment are more likely to have high-paying jobs. Sure, Utah ranks as the second richest state in the country. 13 Best Vanguard Funds for the Next Bull Market. The Beehive State ranks well in every category we measured. That makes for easy access to the White Mountain National Forest about 30 miles to the north. The Oak Harbor, Washington, micro area actually encompasses all of Whidbey Island. But the town's signature draws are antiques and architecture. Speaking of wealth, Atherton's average household income is a mind-boggling $525,324, up $74,638 since 2017, when it was last recorded by Bloomberg. . Across Missouri, 28.6% of adults have a four-year college education. Idaho's median annual household income is just over $53,000, which is lower than the majority of states. No need to worry about health care, either. Back out things such as the value of real estate (the bulk of most folks' wealth is tied up in their homes), employer-sponsored retirement plans and business partnerships, and only 6.7% of American households qualify as millionaires. (adsbygoogle = window.adsbygoogle || []).push({}); With an average household income of more than $525,000, Atherton, California is the richest town in the United States, thats according to a Bloomberg report. Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio. Boating, fishing, snorkeling, scuba diving and lazing on the beach are just some of Key West's draws. 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. 1 Bethany ($121,149) This town is the richest in the entire state of Oregon and it even has a larger population of 20,646. 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. Incomes tend to rise with educational attainment, and as is often the case in other states, Missouri's wealthiest town is also its best educated. Even in one of the wealthiest states, Greenville stands out as especially affluent. . This time the list is from Bloomberg. 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. By Dan Burrows Median household income: $180,541 (state: $63,575), Poverty rate: 1.2% (state: 13.1%), Median home value: $625,100 (state: $187,200). The wealthiest 1% of Americans hold an amazing 40% of all wealth. The median household income is $94,027, and the median home value is $503,000. With nearly a $12 million annual salary, Walters was one of the highest-paid news anchors . Here are the 20 richest counties in the U.S. and the average household incomes of each, according to DailyMail.com's report. In Los Alamos, most households earn over $100,000 a year. Median household income: $170,952 (state: $53,560), Poverty rate: 1.3% (state: 14.2%), Median home value: $629,200 (state: $151,600). The typical Clarkson Valley household earns about $171,000 a year, more than three times the income the typical Missouri household earns. Duvall is a small city of about 8,000 people located 25 miles northeast of Seattle. Tiny Easton, on the Eastern Shore of the Chesapeake Bay, prides itself on its out-of-the-way feel, with country farms mixing with lavish waterfront estates. It's easy to see why Glenwood Springs is popular with millionaires. 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Hidden Valley is a private residential community on the eastern edge of Indiana, just across the Ohio border from Cincinnati. It became the first and only neighborhood in America to top the half-million-dollar mark. Summary: The Wealthiest Cities in America For 2022. Edgeworth is a small borough of approximately 1,600 residents located some 12 miles up the Ohio River from downtown Pittsburgh. Glencoe, IL. 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. Perhaps best known is Hanover, N.H., which forms the northern tip of this urban agglomeration. Median household income: $159,536 (state: $77,378), Poverty rate: 2.5% (state: 10.8%), Median home value: $893,700 (state: $366,800). 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. Although median income in the micro area is roughly $12,000 above than the national level, median home value beats the U.S. median by a whopping $280,900. Darien is the wealthiest small municipality in one of the wealthiest states. Median household income: $93,364 (state: $51,424), Median home value: $205,100 (state: $130,900). Here are nine of the best stocks for rising interest rates. Built with one-acre plot minimums for most of its history, the Inverness housing stock is among the most expensive in the country. The median annual household income is over $228,000 -- more than triple that of the state. Real estate values in Winchester reflect the area's high incomes. 10. Too cold outdoors? The wealthiest town in the state, Destrehan's median household income of $92,052 . 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. But high concentrations of millionaires can be found in some far-flung places too. 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. 24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. The wealthiest place in the state, New Albany has a median household income of $203,194, nearly four times the income the typical Ohio household earns annually. The Top 10 CHEAPEST Cities to live in the United States for 2020. 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. Dallas. For example, your friend asks you, "how much money do you have . The Beehive State isn't as tax-friendly as it used to be (opens in new tab). Grant Suneson, Evan Comen and Samuel Stebbins. To clarify: That means they have at least $1 million in investable assets. Posted Mon, Feb 24, 2020 at 12:35 pm ET. One of the primary determinants of income is education. Known for high-income levels and a low unemployment rate, Luxembourg is the richest country in the world. Advertisement - Continue Reading Below. 8. 30.0. Weddington is a small town of approximately 11,000 residents located 16 miles south of downtown Charlotte. Median household income: $92,688 (state: $74,057), Poverty rate: 4.3% (state: 7.9%), Median home value: $358,300 (state: $252,800). Atherton, CA- Average household income - $450,696. Hot springs, rafting, kayaking, fishing, hiking, mountain biking and golf, among many other activities, make Glenwood Springs a year-round destination. Median household income: $84,075 (state: $56,499), Poverty rate: 2.5% (state: 13.6%), Median home value: $206,600 (state: $159,100). Median household income: $105,000 (state: $57,422), Poverty rate: 2.7% (state: 12.4%), Median home value: $352,200 (state: $145,400). Residents seeking a break from quaint New England living can drive to Boston in less than 90 minutes. 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. Median household income: $80,135. Top 5 fastest-growing U.S. cities for millionaires. 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. Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University. 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. Dan Burrows is Kiplinger's senior investing writer, having joined the august publication full time in 2016. Atherton isn't the only town touting notable wealth, though. All Rights Reserved. Chevy Chase Village, MD (pop. Lexington has become one of the wealthiest cities in America, with the typical home costing $1,361,431 in 2022, according to Zillow. 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). So it should come as no surprise that Breckenridge would make the cut. Large concentrations of high-net-worth households are found in surprising locales across the U.S. 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 We added hundreds of new lists - see our top 101 city lists. Heres how it works. The typical home in Hampton is worth $358,300, far more than both the state median home value of $252,800 and the $204,900 national figure. But the area offers much more than pricey lift tickets and celebrity spotting. The typical actual cost that students . A wealthy suburb of the Omaha metro area, Papillion has grown from approximately 1,000 residents in 1950 to more than 20,000 today. Rock Springs is a city located at the intersection of Interstate 80 and US 191 in Sweetwater County in southwest Wyoming. The largest companies in the area include government tech contractor Booz Allen Hamilton, Inova Health System, and government-sponsored finance giant Freddie Mac. This city in the oil-rich Bakken Formation soon found itself home to fracking millionaires. Less than 1% of people in Robins, Iowa, live below the poverty line, and more than 22% of households in the town earn more than $200,000 annually. The greater area we're talking about here spills over into Idaho, too, and includes Grand Teton National Park, as well as parts of Yellowstone National Park and The Teton Wilderness Area. 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 Pinecrest, Florida, is located a few miles south of Miami, just inland from Biscayne Bay. A Division of NBC Universal, A home stands in Atherton, California, U.S., on Tuesday, Feb. 18, 2020. Oak Harbor itself plays host to nearby Naval Air Station Whidbey Island. 20 Dividend Stocks to Fund 20 Years of Retirement, Torrington is the largest town in Litchfield County, which has long been a popular retreat for Manhattan's wealthy and chic looking for a remote, mountainous retreat. 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). Median household income: $176,528 (state: $68,411), Poverty rate: 0.3% (state: 10.1%), Median home value: $619,000 (state: $211,800). 10 Dividend ETFs to Buy for a Diversified Portfolio. One of the main reasons for this is likely a high level of education. Median household income: $80,513. More than 10% of Alaska residents live in poverty, yet the poverty rate in Gateway is just 4.2%. In others, a particular industry drives local wealth. Tiny Elko, Nevada, owes its high concentration of millionaires to its status as the capital of Nevada's gold mining industry. Median household income: $73,015 (state: $45,726), Poverty rate: 8.8% (state: 17.6%), Median home value: $170,700 (state: $123,300). He remains on the Walmart board of directors, and is also the CEO of his own company, Arvest Bank. Clarkson Valley is a small Missouri city of less than 3,000 people. 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. Here in Utah, things couldn't be more odd. Bethany is the most affluent neighborhood in Oregon. While this is the record at the beginning of 2020, his salary will surely increase by the end of this year. Scottsdale, Arizona. If your ideal summer retreat is a lakeside getaway, you could hardly do better than Laconia. He's also written for Esquire magazine's Dubious Achievements Awards. The typical home in Horace is worth $293,800, the most of place in North Dakota and far more than the median home value statewide of $185,000. Hard work is embedded in American culture. Property taxes are modest, but sales taxes lean high (opens in new tab). The Kapaa micropolitan area includes the entirety of Kauai, Hawaii's fourth-largest island. "Oak Harbor is usually regarded as the poorer but more developed stepsister when compared to other Whidbey municipalities," notes the Whidbey News-Times. With an average household income of more than $525,000, it became the first and so far only community to . 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. Tech billionaires, like former Google CEO Eric Schmidt, Facebook COO Sheryl Sandberg and late Microsoft co-founder Paul Allen, have called the richest town in America home where the average household income is more than $500,000 a year. The Highest-Paid News Anchors in 2019 1. West Virginia's median household income is one of the lowest among states, at just under $45,000.