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An example of data being processed may be a unique identifier stored in a cookie. You just have to measure how much money people make, and who has the best jobs in every city. Additionally the city boasts the 11th lowest poverty rate, at just 2.5 percent. The greater San Jose area isnt the only place where affluence is centered in California though. Is it snobby here? 2, Shenzhen fell to No. MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial Inc. (NYSE: AMP) today announced that 135 of its financial advisors were named to the Forbes "Top Women Wealth Advisors Best-In-State" list . We mean, specifically, which parts of the country. The cities we're about to mention are pretty wealthy, overall. Is everyone in these places loaded? Here is the list of top 14 wealthiest towns in America as of March 2023 1. A new report ranks the friendliest cities and regions in the world Skip to main content LinkedIn. U.S. Census 2016-2020 American Community Survey. West Palm Beach also ranked as a top three city in the U.S. where millionaires are buying second homes. For this analysis we used the -- U.S. Census 2016-2020 American Community Survey. Known for its Tudor-style architecture, Scarsdale homes typically cost $1,200,515, according to Zillow. 4. The collective fortune of the billionaires living in Russias capital is now $214.9 billion, down from $420.6 billion last year. How does 20% of Kansas rank as the wealthiest cities in the nation? To see exactly how we calculated these rankings, read on. You can see their impact on the stats. [1] Top 25 richest Americans [ edit] There are six cities in where the median household income is less than $20,000: (1) Livingston, Alabama; (2) Hawaiian Ocean View, Hawaii; (3) Homer, Louisiana; (4) Highland Park, Michigan; (5) Albany, Kentucky; and (6) Allendale, South Carolina. But are most of their bank accounts pretty fat? Shenzhens richest person, Tencent chairman and CEO Ma Huateng, also took a hit. Where do you go if you want to see the richest people in the nation? Opinions expressed by Forbes Contributors are their own. Its population is just over 25,000 (as of 2020). Located less than eight miles outside of Denver, this Arapahoe County, Colorado, town is home to two former NFL quarterbacks: John Elway and Peyton Manning. The Countries With The Most Billionaires 2022, The World's Youngest Billionaires 2022: 12 Under Age 30, Billionaires 2022: These 4 Countries Got Their First Billionaire This Year, Forbes 36th Annual Worlds Billionaires List: Facts And Figures 2022, Trumps Net Worth Has Jumped An Estimated $600 Million Since He Left Office, How MacKenzie Scott Has Given Away BillionsAnd Is Still One Of The Worlds Richest Women, The Wealthiest Person In Crypto Climbs Into Worlds 20 Richest, Heres How Big A Hit Russias Billionaires Have Taken In The Past Year, The Worlds Youngest Billionaires 2022: 12 Under Age 30, New Billionaires 2022: Rihanna, Peter Jackson And 234 Others Join The Ranks This Year, This Russia-Born Billionaire Owns One Of The Worlds Largest Game Developers. The median home value in Cherry Hills Village is just shy of $2,612,468, according to Zillow. Forbes en Moses Lake, WA Ampliar bsqueda. The town has less than 8,000 residents. Some notable Americans who have called the Essex County, New Jersey, town home include actress Anne Hathaway and fashion designer Rachel Zoe. This button displays the currently selected search type. However, when it comes to the highest concentration of . 9 Beautiful Tables from the 2023 Orchid Dinner, Yoko Ono Is Moving to a Farm in Upstate New York, 6 Auction Etiquette Tips Everyone Should Know, Inside the Mansion from Netflix's Outer Banks, Queen Elizabeth Inspired Kate's Opera Gloves, Kate Middleton's Most Iconic Jewelry Moments. #4. Who are the 7th richest people in the entire country? We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Would you have guessed Detroit, Cleveland and Hartford, Connecticut? 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. 7: Los Altos Hills, California. So, you're not as 'rich' in Fremont as you would be in, say, Cary, NC. Cities and towns in the tri-state area of Connecticut, New Jersey and New York accounted for 36 of the 100 top spots, the most concentrated area of wealth of any region. List of cities by total wealth; List of countries by number of billionaires; List of countries by total wealth; List of wealthiest families; Part of greater Boston, Wellesley is home to three collegesWellesley College, Babson College, and a campus of Massachusetts Bay Community Collegewhich makes it no surprise that the city has the fifth highest percentage of adults with at least a bachelors degree. Watch on. An 85-year Harvard study found the No. This might sound like a decent chunk of change, but when you think about how much it costs to live here, suddenly it might not seem like a lot. Over the years, Austin has emerged as a tech hub. Today, the median home value in this New York City suburb is over $1.4 million, according to Zillow. A new report ranks the friendliest cities and regions in the world Pasar al contenido principal LinkedIn. Balanced by three dropoffs, Mumbai actually welcomed six new billionaires over the past year, including Falguni Nayar, who became Indias richest self-made woman, with an estimated net worth of $4.5 billion, after taking her beauty-and-fashion retailer Nykaa public in November. The rural community northwest of Washington sits along the Potomac River and is home to Bretton Woods Recreation Center, a country club for International Monetary Fund and World Bank staff. Many people here are loaded. Millennial Billionaire Ryan Breslow Created Buzz, And Enemies, Attacking Stripe And Shopify. In Spanish, the word 'Los Altos' means 'the height'. Is Prince Andrew Moving to Frogmore Cottage? Now the Midwest is starting to make some noise. In real estate, your neighbors matter. Notable residents include the owner of the Dallas Cowboys, Jerry Jones, and the former governor of Texas, Bill Clements. And while it might be easy to scoff at the success of folks here, you have to remember, just about everyone here worked their butts off to get to where they are. In fact, most have bigger bank account than you will ever have. Notable residents include John Elway and Peyton Manning. A Division of NBC Universal. Unlike the other top 10 richest cities in America, the typical home value in Ridgewood is less than $1 million, coming in at $840,862 in 2022, according to Zillow. #10. The stalling tourism industry knocked casino billionaires Ina Chan and Lawrence Ho, as well as hotel magnate Zhao Tongtong, from the citys super-rich ranks. Here's a look at the poorest cities in America: Chris Kolmar has been in the real estate business for almost ten years now. Booth 189 in the Scheman Building. The 10 Richest Cities In Georgia For 2023 1. Three were investors in the vaping company Smoore International, whose share plummeted 64% as the Chinese government threatened a crackdown on electronic cigarettes. All these cities have at least 1,000 households. West Palm Beach, Florida, ranked second on the list. But hey -- you could spend your days counting your money, right? allocation of $400 billion of Heroes Act bailout money. Yeah they are. All four showed gains in household earnings from 4 percent to 15 percent from the prior year. 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. Today, its largest beach, Tods Point, is public property. Every item on this page was chosen by a Veranda editor. For a table of the richest and poorest cities in every state with no size restriction, go to the end of the article. This Santa Clara County, California, town has maintained a rural character that evokes its agricultural past in spite of its recent infusion of Silicon Valley money. Dropping from the No. But are most of their bank accounts pretty fat? Its also saturated with celebrity homes. Atherton, CA (income: $525,324/ bailout: $3.8 million) - With a median home price of. Just about everyone in Kansas knows these people are loaded. This Fairfield County, Connecticut, town lives up to its name: It was founded in 1641. Brentwood, a suburb of Nashville, makes the list too. Great schools. That would be the people in Pearland, Texas. In these wealthy communities, the average household income ranged from #1 Atherton, CA ($525,324) to #50 Darnestown, MD ($262,988). The best-known estimate is by Forbes. HomeSnacks is reader-supported. We then averaged the three rankings into a rich score with the lowest overall score being crowned richest in America. Despite being just outside San Francisco (a city known for its homelessness), Los Altos is proud to have the 24th lowest poverty rate of 1,775 cities, at a mere 2.8 percent. And, as a fun fact, once upon a time F. Scott Fitzgerald lived in Westport, as did Martha Stewartboth of whom only add to the citys lavish appeal. West Palm Beach, Florida ranked as one of the fastest growing cities for millionaires and a hot spot for their second homes. According to the report, the Texas city saw a millionaire growth rate of 102% from 2012 to 2022. 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. And, to be clear, we measured the 306 largest cities in America with over 100,000 people. McLean is in Fairfax County, which is renowned nationally for its public schools. Los Altos Hills might've lost the title of "Wealthiest Town in the U.S." to Atherton, but the town is still one of the most desirable places to live in California. Located in Monmouth County, New Jersey, Rumson boasts a population of just over 7,000 (as of 2020). When you click through real estate links on our site, we earn an affiliate commission. 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. Population: 193,412Rank Last Year: 7 (Down 2)Median Income: $87,629 (46th best)Unemployment Rate: 3.2% (5th best)More on Overland Park: Real Estate|Crime|Cost Of Living, Population: 105,410Rank Last Year: 25 (Up 15)Median Income: $108,979 (14th best)Unemployment Rate: 3.9% (32nd best)More on League City: Real Estate|Crime|Cost Of Living. Population: 188,387Rank Last Year: 4 (Up 1)Median Income: $128,761 (5th best)Unemployment Rate: 3.7% (25th best)More on Frisco: Real Estate|Crime|Cost Of Living. We may earn commission on some of the items you choose to buy. Other. While you may see people in this city driving around in fancy cars, odds are people you meet there are really comfortable. This southern Westchester County, New York, town is just 15 miles from Midtown Manhattan, which means its residents have easy access to the city and all the trappings of wealthy small-town lifecharming residential architecture, a walkable town center, and great public schools. Though it had a net gain of three new billionaires, the city actually welcomed six new three-comma club members, including the first Bulgarian and Estonian citizens ever named billionaires by Forbes, all of whom have their primary residences in London. It's safe. It may not be a very large place, but people's bank accounts are pretty large. Still, China has more cities in the top 10 than any other country, beating out the U.S., which is the runner-up with New York City and San Francisco. A total of five billionaires on this year's list hail from North Carolina. Source: Bloomberg analysis of data by the U.S. Census Bureau. From 2012 to 2022, the Florida city saw a millionaire growth rate of 90%. The 10 Richest Towns in America. Folks here rank 19th for income levels, and 2nd-lowest for number of people living in poverty (3.51%). In addition, this city has a low unemployment rate, and one of the state's lowest poverty rates. If you guessed the wealthiest city in California was in the Silicon Valley area, then you guessed correctly! Crazy Rich Asians would maybe even consider buying a home here. Only 1 in 11 people here lives in poverty. Four of those six states are in the U.S. South. 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. Welcome to Bellevue, Washington, our 6th most richest city in America. If you're a kid here, your allowance is probably more than your teacher's salary. with a median household income of $250,001. Ranked #1 in the state of Oklahoma on the 2023 Forbes "Best-In-State Wealth Management Teams"* list (Published on January 12, 2023. For some, it's the only way to live. #2. Madeline Albright and Condoleezza Rice graduated from its private schools. Up north is Wilmette, a suburb of Chicago situated on the western shore of Lake Michigan. . Short Hills, NJ (income: $388,760/ bailout: $6.5 million) Founded in 1870 by the inventor of the roller shade, the community is a suburb of New York City. Notable residents include CEOs, actors, pro sports players, and authors. This North Shore Chicago suburb in Illinois Cook County is home to the Chicago Botanic Garden, a 385-acre living plant museum with 27 gardens, 4 natural areas, and six miles of lake shoreline. Home; Q & A; Blog; Contact; Coastal Carolina Football Channel, Toilet Paper Orientation, Ivalician Thief's Jacket, Ffxiv One Piece Reference, Refrigerator Hard . Vermont is a beautiful state that is the home of countless cities . Athertons average household income was $443,403 in 2016, more than $50,000 higher than second-place Cherry Hills Village, Colorado. Outside of Washington, South Kensington, Maryland, landed among the top 100 wealthiest in the 98th spot. Phillip Roths first book, Goodbye, Columbus, was largely set in Short Hills. Harwood Court in Scarsdale, Westchester county, Search 40,000 local units of government for their. #5. Stop and see us at the Iowa State University Engineering Career Fair today! The town of 152569 high-priced residents has a median income of $150,464 and a median home value of $1397200.0. To score the cities, we ranked each one from 1 to 306 where 1 is the "richest" for that category. This Westchester County, New York, town was first developed in the 18th century. Using data from the U.S. Census Bureaus 2019 American Community Survey five-year estimates, we analyzed nearly 30,000 U.S. cities, towns, villages, boroughs and Census-Designated Places (CDPs) in terms of their median household income and mean household income. According to Zillow, the average home value price in the Arizona cityis$750,908,up6.3%over the past year. Its situated below the southwestern shore of San Francisco Bay. And as demographics change, so do patterns of wealth. Moving from West to East, America's second richest town is Scarsdale, New York, which is just 35 minutes outside of New York City. This survey evaluated inflation-adjusted household income data for America. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 5. Folks here have great jobs, work hard, and hardly anyone in town struggles to make ends meet. Population: 169,177Rank Last Year: 5 (Up 4)Median Income: $107,463 (18th best)Unemployment Rate: 3.3% (6th best)More on Cary: Real Estate|Crime|Cost Of Living. When she's not writing, she can be found out and about with her Jack-Chi, Cash, sweating her way through an Orangetheory class, or taking it easy with family and friends, .css-1grzdcz{display:block;font-family:AvenirBold,Helvetica,Arial,Sans-serif;font-weight:bold;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-1grzdcz:hover{color:link-hover;}}@media(max-width: 48rem){.css-1grzdcz{font-size:1.18581rem;line-height:1.2;margin-bottom:0.625rem;}}@media(min-width: 40.625rem){.css-1grzdcz{line-height:1.2;}}@media(min-width: 48rem){.css-1grzdcz{font-size:1.23488rem;line-height:1.3;margin-bottom:0rem;}}@media(min-width: 64rem){.css-1grzdcz{font-size:1.18581rem;line-height:1.3;margin-bottom:-0.5rem;}}The Krehbiels' Collection Goes to Auction, 10 Dinner Party-Worthy Items I'm Obsessed With. 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. . The richest communities in America for years have been in Silicon Valley and the New York City area. Tough international sanctions and shuttered markets meant 34 Russians dropped off the 2022 Worlds Billionaire List; about three-quarters of them lived in Moscow. 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. Region: Billionaires: New York United States: North America: 107 . A number of the places with the second-most billionaires, such as Scarsdale, New York, and Highland Park, Illinois, are affluent suburbs of the highest ranked city in the state. According to Forbes' Real-Time Billionaires Rankings, as of February 2020, New York City is the American city with the most billionaires, with 82 billionaires. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. The 2022 median home value in the city is $2,895,125, according to Zillow. The Forbes 400 Richest Americans list has been published annually since 1982. Maybe from an outsiders standpoint, but it might be more of a shallow suburban type of vibe. Henley and Partner's 2023 wealth report found that America's fastest growing cities for millionaires all experienced a 70% millionaire growth from 2012 to 2022. where the concentration of wealthiest cities is the densest). Okay, thanks Mr. #9. Immediately to the south, you've got Cupertino, home of Apple. Does being rich make you a happier person? [1] As of October 2020, there were 614 [2] billionaires in the United States. Newcomers to the list include three areas in suburban Chicago. Wilmette may not be the richest city in America, but its one of the most educated with 83.2 percent of adults holding a bachelors degree or higher. There are very little liquor stores or smoke shops. Cherry Hills Village, CO (income: $406,314/ bailout: $3.3 million) With a median home price of $2 million, the community is located 10 miles from Denver. Some parts of this area are just off the charts out of touch with reality. The 15 richest cities in the United States 2015. Then, U.S. Senate Leader Mitch McConnell (R-KY) refused to call the bill. Seattle, Tacoma, and Bellevue combine to become some of the richest cities in America. Doctors, lawyers, business owners and entrepreneurs. 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. Its located five miles north of Dallas. All Rights Reserved. This is followed by Los Angeles with 52 billionaires, and San Francisco and Chicago, who each have 44 billionaires. With one of the most economically tumultuous years coming to a close, its a chance to take stock and look at the financial landscape of American households as 2021 begins. They can't even do it if they tried. Since the city is nestled just outside of the District of Columbia, many of its 45,000-plus residents work in the nations capital, and 80.6 percent of adults have at least a bachelors degree. It was only a decade ago that Moscow topped the list of cities with the most billionaire residents. runs in excess of $250,000 and the mean household income is $462,556. 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. The U.S. Census Bureau tracks median household income up to $250,000. Another interesting fact about the city? If you're out of work in Cary, it's your own damn fault. Forbes in Boydton, VA Expand search. According to the report, in December 2022, West Palm Beach was home to 9,400 millionaires, 64 centi-millionaires, and six billionaires. GOOG Los Angeles, home. Highland Park TX (income: $365,025/ bailout: $4.5 million) The richest town in Texas, the median home price is $1.5 million. Only Shanghai moved up a place in the rankings, to No. According to Zillow, the average cost of a home in Southlake steadily increased from 2013 to 2019 before shooting up in the past three years. The New York suburb has been home to several American celebrities, including Bruce Springsteen. Opinions expressed by Forbes Contributors are their own. San Francisco, the home of Silicon Valley, tops the list. Forbes Close behind is Los Angeles at $2.3 trillion, while San Francisco ranks third at $1.3 trillion. Bloomberg also ranked citiesby earnings from interest, dividends, rents, and royalties, as well as distributions from estates and trustsa subset of household income called passive income. ATHERTON, CA - JULY 12: A mansion style home is, seen July 12, 2005 in Atherton, California. Beyonc and Jay-Z purchased a home in Scarsdale. The town has had some population growth in recent years because of its reputation for low crime and low taxes. Just click a pin (by state) and scroll down to see the results rendered in alphabetical order in the chart beneath the map. Although it was a 5.4% decline year-over-year, it's still well above thenational median price of $359,000. Lexington is northwest of Boston, just 10 miles from downtown. The northern Virginia town might as well be a world away, however, thanks to its location on the banks of the Potomac River. We continue our money train tour of the state as we stop in the city of Overland Park, Kansas. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_2',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');The general assumption is going to be suburbs of major cities where people live in big homes, away from the grimy, packed downtown areas. Showing 1 to 10 of 30 entries. Pennsylvania. Other states with five or more locations included Texas, Maryland and Illinois. In 2019, Apple invested $1 billion to build a new campus. What do these folks get for their money? Vlad Yatsenko, the chief technology officer of digital banking giant Revolut, and Denis Sverdlow, who founded the British electronic vehicle manufacturer Arrival, are other new billionaires who live in London. Hong Kong also lost two billionaires, Shing-bor Tang and Lee Man Tat, who died in 2021. The South Korean capital is back on the list for the first time since 2019. While it's idyllic in many places, it can be quiteboring. That's one takeaway from the latest. Crime is something that happens in other cities, not here. The city actually welcomed a stable of new ultra-rich entrepreneurs, such as Grammarly cofounder Max Lytvyn; and Henrique Dubugras and Pedro Franceschi, the 26-and 25-year-old (respectively) cofounders of fintech startup Brex. San Francisco, Seattle and Boston followed. 10 spot. Vladimir Lisin, the chairman of steel products manufacturer NLMK Group and Moscows richest person, shed about $8 billion of his personal wealth. Of the remaining top 20 richest towns in America, one is nestled just outside the nations capital, one is in Florida, one is in Arizona, six are in the New York Tri-State Region, and two more are in California, one of the richest states in the U.S. Bloomberg compiled its Richest Places Index using data from the U.S. Census Bureaus American Community Survey, evaluating inflation-adjusted household income data for all U.S. places, defined by the Census Bureau as having a minimum of 2,000 households. In fact, people here are more likely to downplay their money than show it off. You can find out more about him on LinkedIn or his website. According to a recent survey by Forbes.com, Atherton, a small town in the heart of silicon has been called the most expensive ZIP Code, 94027, in the nation, with a median home price of nearly $2.5 million in 2004 and has been attracting several Google employees who are taking advantage of hot company stock options. The wealthiest Americans on the annual Forbes 400 list grew their combined net worth by just over 2 percent from the previous year, making them worth $2.96 trillion in 2019. The richest cities in the U.S. are glittering metropolises where super-wealthy people gather and even relatively modest homes costs millions of dollars. Other rich cities are different, such as North Dakotas Beulah, a city remote from any major urban center and whose economy is heavily dependent on being home to the largest lignite mine in the U.S. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-large-mobile-banner-2','ezslot_16',120,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-large-mobile-banner-2-0');While it's good news for the cities we mentioned, we have to mention the poorest cities in America. Notable residents have included former AOL CEO Steve Case and Redskins owner Dan Snyder. Thanks to that influx, Austin has also become a growth market for luxury real estate, according to Henley and Partner's 2023 wealth report. 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. These Are The 20 Richest Towns in America, This Cook County, Illinois, town is perhaps best known as the setting for director John Hughes. Twenty-one of the cities were in California, with the majority in the San Francisco Bay area. Considering how many A-listers have walked the streets of Brentwood, you might be surprised to find that the median home value is $1,064,755, notably less than the homes in the greater San Jose area (a.k.a. With a median household income of $240,248, Southlakes population earns shockingly more than the average American household, which posted a median income of $69,560 in 2019 (a 15.3 percent increase from the 2017 median of $60,336, which we had previously reported on). There's a lot of old money here, too. 1 city on the list is Austin, Texas. The bucolic town of Los Altos Hills, California, climbed three spots to No. Now classified as one of the affluent areas in California, the city was formerly an agricultural hub and lush apricot orchards. For this study, we considered the following categories: The census just updated their data at the end of they ear, so we can take a fresh look at it. California. At one point or another, Dolly Parton, Taylor Swift, Keith Urban, Sheryl Crow, and Eli Manning have all called the upscale city home. So, while your little small town might be rollin' in the dough, we're only looking at the most populated areas. Keeping up with friends and neighbors means private school, after school activities and two huge car payments. Courtesy of City of West University Place, The Krehbiels' Collection Goes to Auction, Your Privacy Choices: Opt Out of Sale/Targeted Ads. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Scottsdale, Arizona, rounded out the top three fastest-growing cities in the U.S. for millionaires. Los Altos Hills is home to numerous tech billionaires includingSergey BrinandYuri Milner. Some of the biggest companies with offices in the city include Roku, Sees Candies, and a handful of software companies (Saratoga is on the outskirts of Silicon Valley). EIA. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. The tony town sits on Long Island Sound and was known as Sound Beach in the 19th century. Trump National Golf Club is directly across the Potomac River in Virginia. Philadelphia. 8 spot with a net gain of three billionaires compared to last year. 5. Of adults residing in Westport, 78 percent hold a bachelors degree or higher. The average in Clarendon Hills, Illinois, about 25 miles west of downtown Chicago, jumped 15 percent in 2016 from the prior year to break into the top 100 for the first time with a tally of $199,325. Using data from Sperling's Best Places, the Bureau of Labor Statistics and Zillow, GOBankingRates identified and ranked the 30 most expensive cities in America in ascending order from least expensive to most. There is no struggling here. Located 20 miles from Silicon Valley, the San Francisco suburb is home to the many tech titans of Google When HomeSnacks looks at a place to live, we study the stats you can find anywhere on the web. 527. While the wealth of the city is high, the poverty rate is notably low, at just 2.5 percentthe 11th lowest of 1,775 cities. Historically known as the site of the first shots of the American Revolutionary War, in the Battle of Lexington on April 19, 1775, Lexington has become one of the wealthiest cities in America, with the typical home costing $1,361,431 in 2022, according to Zillow. The richest communities in America for years have been in Silicon Valley and the New York City area. Despite being less wealthy than Westport, Wellesley's typical home value is $1,643,010 as of 2022, according to Zillow. 6. Population: 234,829Rank Last Year: 2 (Down 3)Median Income: $142,374 (2nd best)Unemployment Rate: 4.0% (36th best)More on Fremont: Real Estate|Crime|Cost Of Living.