When you think of wealthy places in America, what comes to mind? Palo Alto, California? New York City?
New York and the San Francisco Bay area, most notably, Silicon Valley have been at the forefront of affluent communities for the past several years. This is in part due to the growing technology industry in Silicon Valley and the financial services hub that is New York City.
The wealthy don’t only live in New York or Silicon Valley. Rich neighborhoods and towns are scattered all over America. As the economy grows, so does the wealth of these places. And according to recent data, the economy is in healthy shape and continues to promise strong growth moving forward.
Here are America’s 20 richest places:
1. Atherton, California
- Average household income 2016: $443,403
2. Cherry Hills Village, Colorado
- Average household income 2016: $390,224
3. Scarsdale, New York
- Average household income 2016: $387,558
4. Los Altos Hills, California
- Average household income 2016: $373,848
5. Short Hills, New Jersey
- Average household income 2016: $354,479
6. Hillsborough, California
- Average household income 2016: $350,917
7. Old Greenwich, Connecticut
- Average household income 2016: $334,911
8. Bronxville, New York
- Average household income 2016: $334,848
9. Highland Park, Texas
- Average household income 2016: $330,703
10. Darien, Connecticut
- Average household income 2016: $327,901
11. West University Place, Texas
- Average household income 2016: $317,665
12. The village of Indian Hill, Ohio
- Average household income 2016: $314,077
13. Winnetka, Illinois
- Average household income 2016: $313,173
14. Great Falls, Virginia
- Average household income 2016: $308,663
15. Glencoe, Illinois
- Average household income 2016: $306,923
16. Kentfield, California
- Average household income 2016: $287,843
17. University Park, Texas
- Average household income 2016: $286,107
18. Paradise Valley, Arizona
- Average household income 2016: $284,203
19. Westport, Connecticut
- Average household income 2016: $282,362
20. McLean, Virginia
- Average household income 2016: $280,225
After years of New York and California dominating the wealthiest places in America, areas in the Midwest are starting to join the list. For example, Glencoe, Illinois with an average household income of $306,923 or Indian Hill, in Ohio with an average household income of $314,077. Do you live in one of the top wealthiest places in America?