The Wealthiest Cities In America (5-1)
Wealth is spread out across the United States. The previous list of richest cities included areas in the west (Scottsdale, AZ) as well as the east (Hoboken, NJ). Big cities and small suburbs produce some of the highest yearly incomes throughout the country regardless of location. Here is a look at the top-five wealthiest cities in America.
5. Napa, CA
With a population of just over 80,000 people, Napa is the 100th largest community in the state of California. But what Napa lacks in size, it makes up for in luxurious real estate. The median home is currently valued at $592,079, while average rent comes out to $2,087 per month. The average annual income amongst a family of four is $130,080 – much higher than the majority of the country.
4. Alexandria, VA
Seeing that Washington DC is only a 20-minute commute, Alexandria is a hotbed for wealthy politicians and other government employees. This suburb is currently home to more than 100,000 well-paying jobs. The median age of 36 accurately reflects the budding economic boom in this city. The current median household income is approaching six-digits and shows no sign of slowing down any time soon.
3. Greenwich, CT
Much like Alexandria, Greenwich houses many notable figures, but this time it’s celebrities instead of politicians. Mel Gibson, Meryl Streep, and Kathy Lee are some of the celebs that choose to live just outside of the busy NYC streets. Recently, the median home price in this area elevated above $1 million. And the average annual property tax sits at an astounding $14,312.
2. San Francisco, CA
San Francisco is one of the most diverse cities in the United States. Whites make up 48% of the city, while Asians and African Americans account for another 40% of the population. There is no shortage of diversity and definitely no shortage of good jobs. Lyft, Uber, Twitter, and Craiglist are just a few of the technology giants headquartered in San Fran. The bay area currently ranks third in the nation in median household income.
1. Scarsdale, NY
This suburb sits less than an hour outside of downtown Manhattan, making this one of the most sought-after areas in America. And with a median income of more than $240,000, it’s also one of the most expensive areas. NYC’s elite, including Susan Lucci and Liza Minelli currently call Scarsdale home. Although there are only 17,621 residents in Scarsdale, the area has seen rapid growth in recent years. Scarsdale has more than doubled its number of residents since the year 2015.