10. Published 23 January 23. Carson City, capital of the Silver State, is just 20 miles to the north of Gardnerville Ranchos, and high rollers can reach Reno's casinos in an hour. 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, Portugal Golden Visa Program. Median household income: $214,477 (state: $59,570), Poverty rate: 4.3% (state: 15.5%), Median home value: $1,230,200 (state: $161,700). Reply. Once upon a time before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. Median household income: $213,801 (state: $79,363), Poverty rate: 3.9% (state: 10.4%), Median home value: $644,900 (state: $327,900). Lexington has become one of the wealthiest cities in America, with the typical home costing $1,361,431 in 2022, according to Zillow. 100. worldwide. The typical Mississippi household earns just $43,567 a year, about $17,000 less than the typical American household. Bethany is the most affluent neighborhood in Oregon. By Kyle Woodley "Oak Harbor is usually regarded as the poorer but more developed stepsister when compared to other Whidbey municipalities," notes the Whidbey News-Times. In fact, every season challenges the next for which is more beautiful.". Indeed, if Nevada were a country, it would be the world's fourth-largest producer of gold behind China, Australia and Russia, according to the U.S. Geological Survey. And thanks to abundant revenue that the state collects from oil and mineral rights, Wyoming millionaires shoulder one of the lowest tax burdens in the U.S. For those living in Idaho, the tax situation is a bit more mixed (opens in new tab). So it should come as no surprise that Breckenridge would make the cut. By comparison, the median household income across Pennsylvania is $59,445. In the first half of the 2010s, North Dakota had the fastest-growing economy in the nation, thanks to the explosion in shale oil drilling. Horace is a small bedroom community located roughly 10 miles southwest of downtown Fargo. In Los Alamos, most households earn over $100,000 a year. A far higher than average share of workers in Buckner work as health diagnosing and treating practitioners, which are generally high paying jobs. 50 Top Stock Picks That Billionaires Love. The median household income in Edgeworth is $161,641, making it the wealthiest municipality in Pennsylvania. 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. Burlington, the largest city in the state, sits less than 10 miles west of Essex Junction. Although gold mining is no longer much of a growth area, pulling the yellow metal from the ground does remain a productive endeavor. Indeed, it has been cutting income taxes for several years in a row to the point that they barely exist. 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 . With a median income of $123,220, Buckner is the wealthiest place in Kentucky. The city of Williston expanded rapidly during the first half of the 2010s, driven by the explosion in shale oil drilling that once gave North Dakota the fastest-growing economy in the nation. However, also has some seriously luxurious mansions and impressively large . Dickinson's number and percentage of millionaire households declined year-over-year. Glenwood Springs has collected many accolades over the years. For context, the typical American home is worth about $205,000. Topsham is a Census-designated place of approximately 6,100 residents located about 25 miles north of Portland, Maine. Who said big money is smart? The bottom 90% hold less than 25% of the total wealth. A suburb of Kansas City, Fairway, like many small cities and towns on this list, is well within commuting distance of employment opportunities in a major city. Avondale Estates is a small city of approximately 3,100 residents located seven miles east of downtown Atlanta. August 25, 2020. 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. 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. Millionaires in America 2020: All 50 States Ranked. If there's a silver lining, it's that North Dakota is one of the nation's more tax-friendly states (opens in new tab). The micro area even holds a charming Swiss-themed village. By Dan Burrows With its covered bridges, forests and rivers, the scenery is gorgeous. 6. The 2014 slump in energy prices touched off the state's worst recession in three decades. 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 But high concentrations of millionaires can be found in some far-flung places too. Fitness buffs have plenty of options: In the snowy Minnesota winter, you can cross-country ski along miles of groomed trails or snowshoe through Carleton's Cowling Arboretum. The report based its . The rugged mountain terrain is ideal for hiking, mountain biking, camping, you name it. 18 Stocks Warren Buffett Is Selling (And 6 He's Buying). 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. Median household income: $80,666 (state: $44,921), Poverty rate: 4.1% (state: 17.8%), Median home value: $220,100 (state: $115,000). Greenwich and Darien, Connecticut. Hidden Valley is a private residential community on the eastern edge of Indiana, just across the Ohio border from Cincinnati. Median household income: $93,364 (state: $51,424), Median home value: $205,100 (state: $130,900). The typical area home is worth about $1.5 million. America's 50 richest towns: Silicon Valley community leads the list for the fourth year in a row with average household income of $525,000. Oxnard-Thousand Oaks-Ventura, California. 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. [2] Sree Venkateswara Swamy Temple. Unfortunately for millionaires and folks of lesser means, New York State taxes take a bite. Fly fishing, hiking and whitewater rafting draw folks to town in the summer months. Since then, the 2020 median household income has been reported as $67,521, a 2.9 percent decrease since 2019, . Median household income: $108,299 (state: $55,679), Median home value: $349,500 (state: $166,800). And while it helps to be a millionaire to live in Juneau, it's increasingly difficult to become one. Spring Creek is a small suburb of approximately 14,000 residents in Elko County in northeast Nevada. More than 9% of Williston's households are considered to have millionaire status, but the absolute number of millionaire households actually declined from 2019. 4); and Los Altos Hills, California (No. 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. Find the full list of America's 100 Richest Places on Bloomberg. Thanks to its location on the Yampa river, Steamboat Springs is perfect for fishing, rafting, tubing and kayaking. When you purchase through links on our site, we may earn an affiliate commission. Median household income: $141,533 (state: $65,627), Poverty rate: 1.8% (state: 11.9%), Median home value: $444,400 (state: $244,700). Only 4.5% of the community's families fall below the poverty line, and with a mean household income of $339,883, residents can boast of being some of the wealthiest in the entire state of Illinois. Easton's proximity to the beach, abundance of parks and good schools make for an idyllic small-town experience for residents. 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. In Dellwood, some 75.2% of adults have a bachelor's degree, more than twice both the state bachelor's degree attainment rate of 35.4% and the national rate of 31.5%. 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. Median household income: $235,669 (state: $81,868), Poverty rate: 1.6% (state: 9.4%), Median home value: $1,090,400 (state: $305,500). Some 39% of adults have a bachelor's degree or higher, well above the comparable 23.7% share of adults across the state as a whole. For more sedentary folks, Breckenridge hosts the National Repertory Orchestra every summer and the Breckenridge Film Festival every autumn. AI stocks have been bloodied up in recent months, but the technology's relentlessly growing importance should see the sun shine on them again. Loudoun County. Atherton, CA- Average household income - $450,696. Building on this momentum, Duke Energy Corporation and the state's rural electric . Median household income: $84,075 (state: $56,499), Poverty rate: 2.5% (state: 13.6%), Median home value: $206,600 (state: $159,100). Hot springs, rafting, kayaking, fishing, hiking, mountain biking and golf, among many other activities, make Glenwood Springs a year-round destination. Mountain biking, hiking and fly fishing are just a few of the allures for the millionaire who likes the great outdoors. Based on median household income, Mississippi is the poorest state in the country. This table shows the astonishing list of wealthiest counties in America by average household income. 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. Median household income: $156,205 (state: $70,116), Poverty rate: 2.1% (state: 11.5%), Median home value: $452,200 (state: $311,700). Median household income: $72,537 (state: $55,425), Poverty rate: 10.6% (state: 12.5%), Median home value: $218,800 (state: $184,500). Property taxes are modest, but sales taxes lean high (opens in new tab). 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. Inverness is a suburb located some 33 miles northwest of downtown Chicago in Cook County. A steep drop in oil prices first sparked pain across the Bakken about five years ago. The nearby world-class resorts of Vail and Beaver Creek draw big-spending skiers hoping to see and be seen all winter long. The high incomes in Glen Ridge are evident by real estate values. 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. 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 is worth $602,000, the most of any small town in Pennsylvania and more than triple the $174,1000 state median home value. The high incomes in the community are due in part to the presence of major companies. Christian. The Cannon River runs through town, and several parks and walking paths provide access to fishing, canoeing and kayaking. In some cases, these locations benefit from being popular recreational areas or havens for wealthy retirees. "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. Median household income: $222,115 (state: $65,323), Poverty rate: 3.3% (state: 14.6%), Median home value: $954,400 (state: $302,200). In Tega Cay, less than 1% of residents live below the poverty line. The U.S. poverty rate is 14.1%. View Slideshow. 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. 24/7 Wall Street is a USA TODAY content partner offering financial news and commentary. Click for the full list. Median household income: $204,145 (state: $56,213), Median home value: $1,505,300 (state: $209,600). 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. 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. Arus kas bersih dari aktivitas operasi di tahun Net cash flow from operating activity in 2016 consisted of cash re 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. At the same time, the town offers easy access to several major cities. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities. 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. 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. The typical home in Fairway is worth $352,000. Median household income: $174,750 (state: $54,938), Median home value: $856,700 (state: $146,200). Jenks, Oklahoma, is located just south of Tulsa, so residents have access to the many high-paying jobs in the bigger city, in sectors like health care and aerospace engineering. 25% of the total families in US don't even have $10,000. This prosperity has likely attracted many new residents to Jenks -- the population grew by more than 24%, from less than 18,000 in 2013 to over 21,000 in 2018. 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. 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). One of the primary determinants of income is education. In his current role at Kiplinger, Dan writes about equities, fixed income, currencies, commodities, funds, macroeconomics and more. Vineyard Haven is a town on Martha's Vineyard. Hampton is a small seaside Census-designated place of approximately 9,000 residents in Rockingham County. The typical home in Weddington is worth $443,600, the highest median home value of any small city or town in North Carolina and more than twice the $165,900 state median. The small resort city about 160 miles west of Denver is loaded with fun stuff to do and not just in winter, when skiing is the main attraction in the Colorado Rockies. #2. Median household income: $106,285 (state: $54,325), Poverty rate: 3.7% (state: 14.1%), Median home value: $196,800 (state: $135,400). More than 10% of Alaska residents live in poverty, yet the poverty rate in Gateway is just 4.2%. In Essex Junction, the wealthiest small city or town in the state, the median household income is just $75,439. Heres how retirees can benefit from changes in required minimum distributions (RMDs), qualified longevity annuities and IRA catch-up contributions. Atherton isn't the only town touting notable wealth, though. Millionaires building second homes in the Steamboat Springs area have done more to push up house prices than wages. The typical household in Rock Springs earns $75,441 a year, more than the $62,268 state median household income but less than the vast majority of places on this list. Does it really matter if Aunt Jemima and Uncle Ben get retired? The village was originally incorporated in 1892 as a means to organize a school system for the children of farmers, and today it is the wealthiest small town in Wisconsin. But the state has a 4.95% flat income tax system, property taxes are low and sales taxes are average. Posted Mon, Feb 24, 2020 at 12:35 pm ET. Edgeworth was originally developed in the late 19th century as a haven for managers and professionals wanting to escape the pollution of industrialized Pittsburgh, and today it has some of the most expensive homes in the state. 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. 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? 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. The Kapaa micropolitan area includes the entirety of Kauai, Hawaii's fourth-largest island. Sergey Brin. 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. Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University. 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 household income in Paradise Valley is nearly four times as high as the median in Arizona. Latest checked 2011 [1] The Church of Jesus Christ of Latter-day Saints. The surrounding area is home to a number of tech companies, including Intel and Tektronix and textile companies like Columbia Sportswear and Nike. It's easy to see why Glenwood Springs is popular with millionaires. With a median home value of $316,500, the typical home in the town has a median value more than double the median home value across the state as a whole. But the town's signature draws are antiques and architecture. 10. According to Niche, the national percentage is 20%. You'll find the Truckee-Grass Valley area on the California side of Lake Tahoe, with Truckee proper situated near the shore of the famed lake itself and Grass Valley sitting farther to the west. The typical household earns $127,351 a year, more than double the $59,393 the typical Oregon household earns. Here is the list of top 14 wealthiest towns in America as of March 2023 1. Grant Suneson, Evan Comen and Samuel Stebbins. At the same time, Hudson is chockablock with architectural gems. The typical household in Avondale Estates earns $108,299 a year, nearly twice the state median income of $55,679 and far more than the national figure of $60,293. But the area offers a wealth of outdoor fun year-round. Of all adults in the area, 38% have a bachelor's degree or higher, compared to 33.3% of adults statewide. "Sprawling residences set amidst landscaped gardens and a beautiful backdrop.". One characteristic these towns have in common is a high level of education. Oklahoma has one of the lower median household incomes among states, at $51,424. A long-time financial journalist, Dan is a veteran of SmartMoney, MarketWatch, CBS MoneyWatch, InvestorPlace and DailyFinance. The Evergreen State makes the cut because it doesn't have an income tax. In the last five years, the number of people living there jumped by 33.9%. Elko's fortunes rise and fall with the price of gold, so one would hope that its millionaire population is properly diversified. The wealthiest town in the state, Destrehan's median household income of $92,052 . High-income areas tend to have well-educated populations -- and Duvall is no exception. Five-star skiing at the Deer Valley and Sundance ski resorts is roughly a half-hour away. Median household income: $97,143 (state: $57,598), Median home value: $225,400 (state: $242,400). Centerton is the fastest growing small city or town in Arkansas and one of the fastest growing places in the entire country. 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. All of the wealthiest neighborhoods in America on Bloomberg's Richest Places Index have average household incomes over $300,000. Here are nine of the best stocks for rising interest rates. But it's Colorado's status as a tax-friendly state for both retirees and working residents that helps make Edwards a great deal for year-round living. Median household income: $100,641 (state: $76,715), Median home value: $296,500 (state: $265,200). Median household income: $159,536 (state: $77,378), Poverty rate: 2.5% (state: 10.8%), Median home value: $893,700 (state: $366,800). With a population of around 9000, Glencoe is one of the most popular (and exclusive) suburbs of Chicago. The sun-kissed island and nearby neighbors offer a tropical paradise in the good ol' U.S. of A. Buckner is a Census-designated place located about 20 miles northeast of Louisville. 20 Best Stocks to Buy for the New Bull Market. Microsoft co-founder Paul Allen's estate sold for over $35 million in 2020. The median annual household income is over $228,000 -- more than triple that of the state. South Carolina has one of the higher poverty rates among states, at 16%. Los Angeles, Chicago and Houston round out the top five . Bloomfield Hills is the wealthiest place in Michigan. Skiing, luxury shopping, world famous film festivals the Summit Park, Utah, area has everything a millionaire could ask for and more. Published 17 January 23. places to live Connecticut's median annual household of $76,106 is about $26,000 more than the median nationwide. Rather, he dollar-cost averages into cheap funds and index funds and holds them forever in tax-advantaged accounts. A relatively low-income state, New Mexico is one of only seven states nationwide where most households earn less than $50,000 a year. (It's an in-state draw for all the millionaires from the Stamford area, too. Upper Saddle River Borough in Bergen County - Median Income of $171,747. People with higher educational attainment are more likely to hold higher-paying jobs. Too cold outdoors? 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. But the area offers much more than pricey lift tickets and celebrity spotting. 30.0. Honolulu in Hawaii is one of the 100 Richest Cities in America #8. 11 March 2007: The tables provide GDP figures for cities and their surrounding urban areas in 2020. Millionaire households: 1,840; 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. Genesee has a median annual household income of nearly $160,000, more than double the state median. West Virginia's median household income is one of the lowest among states, at just under $45,000. New Mexico's personal income tax rates top out at 4.9% on taxable income over $16,000 for single filers and over $24,000 for married couples filing jointly. Buzz60's Tony Spitz has the details. No need to worry about health care, either. 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. Cumberland Hill is a small Census-designated place of about 8,000 residents located in northern Rhode Island. Realtor. In Darien, a small Census-designated place in southwest Connecticut within commuting distance of New York City, the typical household earns $210,511. 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. For the fourth straight year, Atherton toppedBloomberg'sRichestPlaces annual index. Long work hours means more stress and less family time. 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. Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio. The median household income is $94,027, and the median home value is $503,000. 10 Ridgewood, New Jersey . Educational attainment is one of the largest determinants of income. Jackson is a town in Wyoming's famed Jackson Hole valley. Be that as it may, property taxes as a percentage of home value are the lowest in the U.S. By this point in our list of small towns with the highest concentrations of millionaires, it should be clear that Western ski resort towns are mighty popular with people of means. Montana City is also home to some of the most expensive homes in the state. Median household income: $74,172 (state: $43,567), Poverty rate: 3.8% (state: 20.8%), Median home value: $177,900 (state: $114,500). The typical household earns $176,528 a year, more than twice the $68,411 state median household income and nearly three times the $60,293 national figure. More than three out of every four adults in the area have a bachelor's degree or higher, compared to 41.9% of adults in Massachusetts. 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. Median household income: $80,513. Top 100 cities with highest median household income Previous toplist Next toplist . One whistleblower estimated it at $200 billion. Loudoun County is the richest county in the USA, with an estimated average household income of $ 117,876. The boom times looked to be rolling again in North Dakota until COVID-19 gutted oil demand. On the downside, Minnesota is not a friendly state (opens in new tab) when it comes to taxes. 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. Phoenix Marketing International (opens in new tab), a firm that tracks the affluent market, annually ranks 933 urban areas, large and small, based on the percentage of millionaire households in each location. Analysts say a tough 2022 has left these small-cap stocks priced for outperformance in the new year and beyond. The following list of cities is limited to "micropolitan" areas, which the Census Bureau defines as urban clusters with populations between 10,000 and 50,000, "plus adjacent territory that has a high degree of social and economic integration with the core as measured by commuting ties.". "Coupeville and Langley have higher incomes, swankier homes and older residents." Median household income: $123,564 (state: $51,015), Median home value: $316,500 (state: $154,800). Idaho's median annual household income is just over $53,000, which is lower than the majority of states. Places like Dickinson, located in the oil-rich Bakken Formation, were mining millionaires. . Median household income: $159,226 (state: $68,811), Poverty rate: 5.5% (state: 10.9%), Median home value: $694,900 (state: $313,600). March 6, 2018 9:00am by Barry Ritholtz. Median household income: $93,194 (state: $52,559), Poverty rate: 2.4% (state: 13.7%), Median home value: $331,900 (state: $219,600). Darien is the wealthiest small municipality in one of the wealthiest states. America's 100 richest towns have been revealed by Bloomberg's annual index, with the highest-paid town averaging an income of over $500,000. While many of the small cities and towns on this list have median home values of well over half a million dollars, in Brandon, most homes are worth less than $178,000. In Gateway, Alaska, most households earn more than $100,000 per year, compared to the statewide median income of $76,715. All four have average incomes upwards of $400,000. CEOWORLD magazine - Top Stories - C-Suite Lifestyle - RANKED: These Are The 50 Richest Towns To Live In The United States, 2020. 13 Best Vanguard Funds for the Next Bull Market. 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. (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.
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