8 Wealthiest Towns In The US

8 Wealthiest Towns In The US

8 Wealthiest Towns in the U.S.

Daily Real Estate News | Monday, July 06, 2015

  

The annual median household income in the wealthiest towns in the U.S. can be as high as three or four times the national median income. In some places, household income in the wealthiest areas is five or six times larger than the income of nearby lower income areas. 

Read more: Listing Luxury

24/7 Wall St. recently reviewed income data from some of the wealthiest communities across the country, where many home values exceed $1 million. The majority of the richest communities nationwide are in quiet suburbs located within commuting distance of a major city. 

Here are the top eight richest towns in the U.S., according to their analysis: 

1. Scarsdale Village, N.Y.

Median household income: $233,311

Median home value: $1,000,000+

2. Winnetka Village, Ill. 

Median household income: $211,250

Median home value: $936,200

3. Piedmont City, Calif.

Median household income: $207,222

Median home value: $1,000,000+

4. West University Place City, Texas

Median household income: $205,136

Median home value: $781,300

5. University Park City, Texas

Median household income: $173,520

Median home value: $968,300

6. Southlake City, Texas

Median household income: $172,951

Median home value: $514,900

7. Essex Fells Borough, N.J.

Median household income: $171,681

Median home value: $820,800

8. Glen Ridge Borough, N.J.

Median household income: $167,101

Median home value: $581,400

Source: "The 10 Richest Towns in America," 24/7 Wall St. (May 12, 2015)


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Phone: 931-561-1103
Dated: July 6th 2015
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About Kriste: I am a licensed Real Estate Agent in TN, and KY with Reliant Realty ERA Powered. I have over 18 yea...

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