Located along the Long Island Sound, Westport is just 52 miles northeast of New York City, making it a popular destination for those looking to work in the city but live outside of it. 2023, Paper: "The annual Forbes magazine's lists of the wealthiest individuals in the world are a widely used source of data about the dynamics of wealth concentration. The town has had some population growth in recent years because of its reputation for low crime and low taxes. The 2022 median home value in the city is $2,895,125, according to Zillow. Other NYC newcomers include the first NFT billionaires identified by Forbes: Devin Finzer and Alex Atallah, the cofounders of the buzzy blockchain startup OpenSea. Despite its extreme wealth and high education rate, University Park has a slightly higher poverty rate, at 3.9 percent, making it the 109th lowest of 1,775 cities. San Francisco, Seattle and Boston followed. Pennsylvania. Some notable Americans who have called the Essex County, New Jersey, town home include actress Anne Hathaway and fashion designer Rachel Zoe. Rich people can spend all their money and then they're broke. It might help to see how much your community received. I cover real estate, economics and cost of living. Average household income excluded households without any type of income. American towns: Here are the top 34 richest areas - USA TODAY Scarsdale, NY (income: $452,041/ bailout: $8.8 million) With a median home sales price of $1.2 million, Scarsdale is the richest town on the East Coast. San Francisco, the home of Silicon Valley, tops the list. Forbes Or if you're simply not interested in reading about the high and mighty, and you don't care about this list, check out: Here in Cary, North Carolina, things couldn't be more rich. Beijing: 83 billionaires. And of the residents, women hold the majority, with roughly 92 men for every 100 women in the city. Just 17 miles south of San Francisco in Californias San Mateo County, Hillsborough is home to several significant mansions in American architectural history, including: Carolands, built by Harriet Pullman Carolan, the Pullman railway heiress; the Western White House, built by George Randolph Hearst, son of William Randolph Hearst, and designed by Julia Morgan, of Hearst Castle fame; and the Sidney Bazett Residence, designed by Frank Lloyd Wright and lived in by Joseph Eichler for a time. Here are the top 10 richest places in the U.S., according to Bloomberg: 1. More than 30,000 people lived there as of 2019, with 68.3 percent of adults holding a bachelors degree. The top 20 richest towns in America all boast average household incomes above $300,000, while the top five ring up above $400,000. The reason Cupertino is so packed is the large number of tech companies with offices there, including Apple, Amazon, and Verizon, among other big businesses. Lexington is northwest of Boston, just 10 miles from downtown. A new report ranks the friendliest cities and regions in the world . The internet media tycoons fortune dropped by more than $28 billion since 2021. This Phoenix suburb is the hometown of several celebrities, including Emma Stone, and is best known for its luxury resorts, such as the Camelback Inn, and golf courses. You can download the data here. For a state this large, that's crazy low.In fact, People in other parts of the nearby areas generally stereotype this part of the state as being wealthy and stuck up. As New York thrived, Beijing and other Chinese cities floundered amid regulatory crackdowns by Chinas government on industries ranging from ecommerce to after-school tutoring. Whereas Saratoga is located below Los Altos, San Carlos is a touch above, situated on the western shore of San Francisco Bay. The very best groundskeepers and gated-subdivision on-call security guards around. The HomeSnacks money train takes its next stop in Olathe, Kansas. You'll recognize some of the top people, like Bill Gates (Seattle) and Phil Knight. Bloomberg released its annual list of the richest town . Folks here rank 19th for income levels, and 2nd-lowest for number of people living in poverty (3.51%). Every item on this page was chosen by a Veranda editor. The 20 Wealthiest Cities in the United States - Housely The COVID-19 pandemic has affected both high- and low-income communities, but its unclear why such wealthy neighborhoods need so much money to weather the storm. San Antonio, Texas (tie) Median household income: $46,754 Home ownership rate: 44.3. Of adults living in Ridgewood, 76 percent hold a bachelors degree. The town ranked number 2 on Forbes list of America's most expensive zip codes in 2010, but by 2013, it had jumped to poll position; a position it's occupied ever since. Millennial Billionaire Ryan Breslow Created Buzz, And Enemies, Attacking Stripe And Shopify. Of Potomac residents with a minimum 10-figure net worth, Mitchell Rales is the wealthiest, worth an estimated $1.4 billion. Watch on. We mean, specifically, which parts of the country. Looking at the poorest cities in the U.S., there are certainly some geographic patterns that emerge. By Garrett Parker Posted on April 1, 2019 July 31, . Bollywood superstar Salman Khan is the richest Indian celebrity, according to the 2018 Forbes India Celebrity 100 list, which he has topped for the third consecutive year. Immediately to the south, you've got Cupertino, home of Apple. All rights reserved. Three other western Chicago suburbs made the top 100: Burr Ridge, Oak Brook and Hinsdale. Known for its Tudor-style architecture, Scarsdale homes typically cost $1,200,515, according to Zillow. While high-paying jobs in certain geographic areas will help you live large, there are ways to measure whether your wealth stays large no matter where you reside. 7 this year. Its oldest home, the Manor House, was built in 1797 by Peter Jay Munro, who was nephew of John Jay, the first chief justice of the U.S. Supreme Court. Millions of people have lost their jobs due to the effects of the Covid-19 pandemic and now the machines will take away even more jobs from workers, according to the WEF. In Spanish, the word 'Los Altos' means 'the height'. What? Wealthiest City in Every State - Alot Travel Best known for being home to Trump's Mar-a-Lago Club, Palm Beach is a beautiful beach town situated on the southeastern tip of Florida. Opinions expressed by Forbes Contributors are their own. Source: Bloomberg analysis of data by the U.S. Census Bureau. The 10 Richest Towns in America (Updated for 2020) - Money Inc Among the lists published, there is also that relating to female athletes who, during 2022, have earned more. Another way we looked at the data was to measure income disparity in each location. Tough international sanctions and shuttered markets meant 34 Russians dropped off the 2022 Worlds Billionaire List; about three-quarters of them lived in Moscow. Several well-known actors, such as Charlton Heston, Rock Hudson, Virginia Madsen, and Chris ODonnell, have called the Chicago suburb home. Yeah they are. Here is the list of top 14 wealthiest towns in America as of March 2023 1. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Four of those six states are in the U.S. South. Top 30 Most Expensive Cities in the US 2021 | GOBankingRates The Richest Cities in the USA - YouTube Up north is Wilmette, a suburb of Chicago situated on the western shore of Lake Michigan. The Chinese cities on this years top 10 list have lost a total of 29 billionaires and some $375.6 billion in wealth since last year. In real estate, your neighbors matter. Well, maybe there's a lot less about the midwest than you thought you knew, kiddo. Just off the shores of Miami, Fisher Island has become a second-home destination for many of the world's wealthiest folksincluding Russian oligarchs, who keep their helicopters and yachts here.. Outside of Washington, South Kensington, Maryland, landed among the top 100 wealthiest in the 98th spot. Take a look at the magazine's 2018 list of cities where African-Americans are doing the best economically 8. Hearst Magazine Media, Inc. All Rights Reserved. Considering this city has its very own television show centered around wealthThe Real Housewives of Potomacits no surprise that its one of the richest places in America. From 2012 to 2022, Scottsdale saw an 88% millionaire growth rate and is home to 13,900 millionaires, 60 centi-millionaires, and five billionaires, according to the report. A hub for self-made billionaires, Chinas Silicon Valley'' fell to No. One look at the real estate in the area, and its safe to say that Atherton is a sanctuary for the mega-wealthy. The median home value in Cherry Hills Village is just shy of $2,612,468, according to Zillow. Close behind is Los Angeles at $2.3 trillion, while San Francisco ranks third at $1.3 trillion. This is our ninth time ranking the. Sign up now:Get smarter about your money and career with our weekly newsletter, Top 10 U.S. towns where millionaires are buying second homes3 of them are in Florida, I flew first class for the first time everheres why the upgrade from economy was worth it, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Despite being less wealthy than Westport, Wellesley's typical home value is $1,643,010 as of 2022, according to Zillow. The residents here aren't necessarily famous, but they're definitely rich. They also get an excellent location by the bay. Este botn muestra el tipo de bsqueda seleccionado. Cities like New York City and L.A. might be some of the wealthiest in America, but it's smaller cities that are becoming more and more appealing to millionaires. Brentwood, a suburb of Nashville, makes the list too. It's safe, friendly, and there are great schools. Notable people include Eric Lefkofsky, founder of Groupon, film critic Gene Siskel, and author Scott Turow. Below youll find the table: This is a BETA experience. I cover the world's richest people for Forbes. The prize for the highest Gini on our list goes to Greenwich, Connecticut, with its 0.65 reading, suggesting a much higher proportion of its residents wealth were in the hands of far fewer households. #10. And as demographics change, so do patterns of wealth.