forbes wealthiest cities in america
Read more on the six Connecticut residents featured. The houses are quite notable, too, with median home values at $1,494,172 in 2022, according to Zillow. 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. Oakland is a wealthy suburb of Memphis in southwest Tennessee. People here earn on average, the 13th highest incomes overall, and only 3.56% of people who live here don't have a job. Households here make earn the 2nd highest incomes. #9. When you click through real estate links on our site, we earn an affiliate commission. We may earn commission on some of the items you choose to buy. Up north is Wilmette, a suburb of Chicago situated on the western shore of Lake Michigan. Well, good schools and plenty of amenities, of course. Many renowned architects have also designed homes and churches in Winnetka, including George Washington Maher, Howard Van Doren Shaw, Solon S. Beman, and David Adler. Keep reading to learn more about the top 20 richest towns in America. From 2012 to 2022, the Florida city saw a millionaire growth rate of 90%. 10. The 2022 median home value in the city is $2,895,125, according to Zillow. 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.. Well, maybe there's a lot less about the midwest than you thought you knew, kiddo. Lying at the midway point between San Francisco and San Jose, the city is one of the wealthiest in the entire country (not just the state!) Moscow lost more billionaires than any other city on the list amid the fallout from Russias invasion of Ukraine. So, what's the richest big city in America according to the data? But this comes at a cost. Of course, not all of Americas wealth is centered on the West and East coasts. Atherton, California. . Shenzhens richest person, Tencent chairman and CEO Ma Huateng, also took a hit. There is definitely some overlap between the first list, where cities had to have at least 1,000 households, and this list in which there are no size limitations. Of course, the South, East, and West coasts arent the only places where wealthy cities exist. 527. From Singapore To New York City, more than 26% of the world's 2,095 billionaires live in just 10 cities on three continents. Darnestowns Gini coefficient is 0.37, the lowest of all 100 places. Notable residents have included former AOL CEO Steve Case and Redskins owner Dan Snyder. 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. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. I think that's a safe bet. It's safe, friendly, and there are great schools. Population: 146,145Rank Last Year: 6 (No Change)Median Income: $129,497 (4th best)Unemployment Rate: 3.5% (16th best)More on Bellevue: Real Estate|Crime|Cost Of Living. Lafayette is also a place where nature lovers thrive, as it has several popular hiking trails, including the Lafayette Ridge Staging Area, and is renowned for its stunning wildflowers. Los Altos Hills, CA (income: $405,073/ bailout: $4.2 million) With a median home price of $3 million, the community is located just five miles from Silicon Valley. Hearst Magazine Media, Inc. All Rights Reserved. And while there are wealthy towns all across the country (these are the richest town in each state ), the. So, while your little small town might be rollin' in the dough, we're only looking at the most populated areas. US LNG export volumes and revenues January 2010 - July 2022. The HomeSnacks money train takes its next stop in Olathe, Kansas. Frankly speaking, Kansas is one of the best places you can live. Forbes en Moses Lake, WA Ampliar bsqueda . Population: 152,569Rank Last Year: 10 (Up 6)Median Income: $150,464 (best)Unemployment Rate: 3.8% (26th best)More on Sunnyvale: Real Estate|Crime|Cost Of Living. We continue our money train tour of the state as we stop in the city of Overland Park, Kansas. This survey evaluated inflation-adjusted household income data for America. Or so one might think. Yeah they are. In the latest edition of the ranking, North America has a strong showing with seven of the wealthiest cities, by number of millionaires. Known for its Tudor-style architecture, Scarsdale homes typically cost $1,200,515, according to Zillow. The typical home value in Palm Beach is just shy of $1.7 million, according to Zillow. Residents can head down to places like Baylands Park, stare across the water, and plot their next venture capital strategy. 7: Los Altos Hills, California. 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. Hearst Magazine Media, Inc. All Rights Reserved. An 85-year Harvard study found the No. 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. Do you think they know they're the richest people in the state? [1] Top 25 richest Americans [ edit] Its no surprise that as a college city University Park has the highest education ranking, with 87.8 percent of adults having a bachelors degree or higher. Thanks to that influx, Austin has also become a growth market for luxury real estate, according to Henley and Partner's 2023 wealth report. Atherton isnt the only rich suburb to receive bailouts from American taxpayers. It's safe. Rebecca R. Norris is a full-time freelance writer living in the DC metro area. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. #16 Old Greenwich, CT ($321,377 income/ $5.9 million bailout), #18 Palm Beach, FL ($314,090 income/ $4.4 million bailout), #36 Wellesley, MA ($277,568 income/ $14.7 million bailout), #37 Malibu, CA ($275,675 income/ $6.3 million bailout), #46 Lake Forest, IL ($265,477 income/ $9.7 million bailout). Outside of Washington, South Kensington, Maryland, landed among the top 100 wealthiest in the 98th spot. Every item on this page was chosen by a Veranda editor. We mean, specifically, which parts of the country. Although it was a 5.4% decline year-over-year, it's still well above thenational median price of $359,000. The median home value in this New York City suburb is just under $1,750,000, according to Zillow. Population: 125,817Rank Last Year: 3 (Down 4)Median Income: $102,764 (19th best)Unemployment Rate: 3.8% (29th best)More on Pearland: Real Estate|Crime|Cost Of Living. #2. Manage Settings In fact, most have bigger bank account than you will ever have. . While it's idyllic in many places, it can be quiteboring. How does 20% of Kansas rank as the wealthiest cities in the nation? When HomeSnacks looks at a place to live, we study the stats you can find anywhere on the web. A new report ranks the friendliest cities and regions in the world Pasar al contenido principal LinkedIn. This Cook County, Illinois, town is perhaps best known as the setting for director John Hughes Home Alone. Is it snobby here? Extreme wealth tends to be much more common in the richest states in the country. runs in excess of $250,000 and the mean household income is $462,556. 10 spot in 2021. Just seven miles from Houston, this Harris County, Texas, town was developed in 1917 and is named for its close proximity to Rice University. Does being rich make you out of touch with reality? Cary is just a perfect little slice of heaven outside of Raleigh. Where's our 3rd richest city in the entire nation? Welcome to Bellevue, Washington, our 6th most richest city in America. According to Zillow, the typical home value in University Park is $1,792,211, with particular demand rising between 2020 and 2022. Increased government scrutiny unleashed a world of pain for the super-rich in Chinas capital, who have shed $174.3 billion from their collective net worth since 2021. Harwood Court in Scarsdale, Westchester county, Search 40,000 local units of government for their. Yeah they are. Six of the richest counties lie on the outskirts of Washington:. 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. Stop and see us at the Iowa State University Engineering Career Fair today! 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 . What do these folks get for their money? Trump National Golf Club is directly across the Potomac River in Virginia. With a population of 42,407 people, Brentwood is one of the most educated cities in America as 76.1 percent of adults living there hold a bachelors degree. Now, the median home value in the once entirely agricultural Village of Indian Hill is just over $1.3 million, according to Zillow. Steph Curry of the Los Angeles Lakers purchased a $31 million home. Ray Dalio allocation of $400 billion of Heroes Act bailout money. The city is very family oriented, with 60.5 percent of the 6,414 households including children and 88 percent of homes inhabited by married couples. So, you're not as 'rich' in Fremont as you would be in, say, Cary, NC. Is Prince Andrew Moving to Frogmore Cottage? In December 2022, Austin was home to 30,500 millionaires, 86 centi-millionaires, and nine billionaires. ATHERTON, CA - JULY 12: A mansion style home is, seen July 12, 2005 in Atherton, California. Notable residents include CEOs, actors, pro sports players, and authors. A rare winner amid the turmoil was Zhang Yiming, the founder of TikTok-owner ByteDance and Beijings richest resident, who is $14.4 billion richer than last year. Additionally the city has one of the lowest median home values (of the richest cities, that is), listed at $797,480 in 2022, according to Zillow. forbes wealthiest cities in america. Seouls three billionaire newcomers (the fourth is a returnee) are all self-made: Covid-19 testing entrepreneur Cho Young-sik, fintech startup founder Lee Seung-Gun and gaming mogul Park Kwan-ho. It's a different type of place from the rest of the state. 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. The 10 Richest Towns in America. Figure 3. 4 top billionaire city in 2021 to No. We found the 50 richest places in the country received $350 million in bailouts. Cuando se ampla, se proporciona una lista de opciones de bsqueda para que los resultados coincidan con la seleccin actual. A new report ranks the friendliest cities and regions in the world. The organization cites . Millionaires and Billionaires in the Wealthiest Cities. Based on Forbes' list of the richest people in the world, 24/7 Wall St. identified the city in every state that is home to the most billionaires. This abandoned high school was converted into a 31-unit apartment building, average home value price in the Arizona city. 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. The collective fortune of the billionaires living in Russias capital is now $214.9 billion, down from $420.6 billion last year. 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. Home to tech billionaires like Facebooks Sheryl Sandberg and Googles Eric Schmidt, not to mention the headquarters of both companies, as well as Tesla, the richest town in America remains Atherton, California, according to Bloombergs 2020 Richest Places Index. Highland Park is also famous for serving as a filming location for the 1980s hit television show Dallas. Why You Need To Take A Look At New RMD Rules: Theyre Flexible, UBS Fuels The Next Decade Of Black Innovation With $3 Million Commitment, This Week In Credit Card News: Visa, Mastercard Pause Crypto Push; Tracking Gun Purchases, Borrowers Receive Student Loan Forgiveness Approval Emails After Court Green-Lights Settlement, Biden May Propose Using Net Investment Income Tax Revenues To Shore Up Medicare, Student Loan Forgiveness: 6 Big Takeaways From Landmark Supreme Court Hearing, Athlete Investors Cant Save Tonals Falling $500 Million Valuation, U.S. Census Bureaus 2019 American Community Survey. Vladimir Lisin, the chairman of steel products manufacturer NLMK Group and Moscows richest person, shed about $8 billion of his personal wealth. According to Zillow, the typical home value as of 2022 is $3,742,407, making it the second highest after Los Altos. To even make the top 100, towns need an average household income of more than $220,000. Cupertino is in Silicon Valley, west of San Jose, with Los Altos to the north and Saratoga to the south. Hollywood filmed in Winnetka including Home Alone, Ferris Buellers Day Off, Uncle Buck, National Lampoon Christmas, Risky Business, and Breakfast Club. Is everyone in these places loaded? Crime is something that happens in other cities, not here. Another city with a dramatic drop in billionaires, Hong Kong lost a dozen amid a year of market tumult and strict Covid-19 protocols. Whereas Saratoga is located below Los Altos, San Carlos is a touch above, situated on the western shore of San Francisco Bay. The city continues to attract some very educated people; about 44% of adults in the area have at least Bachelor's Degrees. You just have to measure how much money people make, and who has the best jobs in every city. Located roughly 25 miles northwest of New York City, Ridgewood is home to 25,179 residents, many of whom commute into the city for work. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. Winnetka, IL (income: $353,700/ bailout: $6.1 million) Located next to Glencoe, the village is home to many notable persons. That would be the people in Pearland, Texas. What? Twenty-one of the cities were in California, with the majority in the San Francisco Bay area. #8. 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. You can see their impact on the stats. .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. Thats one takeaway from the latestBloomberg analysisof2016 U.S. Census data. For this analysis we used the -- U.S. Census 2016-2020 American Community Survey. GOOG However, when it comes to the highest concentration of . It was only a decade ago that Moscow topped the list of cities with the most billionaire residents. 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. And you can bet that many of the residents here are aware of the fact that they're only the second richest people in the state, too. And, to be clear, we measured the 306 largest cities in America with over 100,000 people. Seattle-Tacoma-Bellevue. An example of data being processed may be a unique identifier stored in a cookie. Our auditors at OpenTheBooks.com cross-referenced the nations 50 richest communities listed in the Bloomberg 2020 Richest Places with Heroes Act coronavirus bailouts. 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. Darien, CT (income: $352,839/ bailout: $10.7 million) A storied East Coast community, notable residents included Charles Lindberg, Vineyard Vines CEO and founder Ian Murray, and many actors, politicians, and CEOs. One look at the real estate in the area, and its safe to say that Atherton is a sanctuary for the mega-wealthy. Continue with Recommended Cookies. 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. Keep reading to find out more about the richest cities in the U.S. A suburb of Dallas/Fort Worth, Southlake had an estimated population of 31,292 people as of 2019, with 69.7 percent of adults holding at least a bachelors degree. In Scarsdale, the median household income [+] runs in excess of $250,000 and the mean household income is $462,556. and Facebook. Any more than that, and you're not. . The town has less than 8,000 residents. In addition, this city has a low unemployment rate, and one of the state's lowest poverty rates. 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. Pennsylvania. An average household income closer to $200,000 is now required to break into the top 100 compared with about $190,000 in last years Bloomberg analysis. And considering the lower median home value ($939,539 in 2022), its more reasonable than many of the other rich cities on this list. You'll recognize some of the top people, like Bill Gates (Seattle) and Phil Knight. Empleos Notable residents who have called West University Place home include Craig Biggio, a former baseball player for the Houston Astros, and NFL player Brian Cushing. Elon Musk came in as Forbes' richest person in America for the first time in 2022, ending Jeff Bezos' four-year run at the top. The tony town sits on Long Island Sound and was known as Sound Beach in the 19th century. All these cities have at least 1,000 households. Brentwood, a suburb of Nashville, makes the list too. Rich people can spend all their money and then they're broke. Families earn the 7th highest incomes in the state. Phillip Roths first book, Goodbye, Columbus, was largely set in Short Hills. Three other western Chicago suburbs made the top 100: Burr Ridge, Oak Brook and Hinsdale. It has been home to many notable people, including John and Alice Coltrane. Los Altos is located in the northern silicon valley of the San Francisco Bay Area (Santa Clara County). When you think of wealthy areas in California, some people may think Beverly Hills or Sunnyvale. The 10 Richest Cities In Colorado For 2022 1. Millennial Billionaire Ryan Breslow Created Buzz, And Enemies, Attacking Stripe And Shopify. California. Allowing cities with less than 1,000 households to be included generated a list of cities that are even more extreme in their incomes, though many of these places have less than a hundred households or just a few hundred. Per the most recent ACS data, the richest city in America is Cary, NC.You can check out how NC ranked overall in our richest states in America. Notable residents include Google founder Sergey Brin and Israeli-Russian billionaire and tech investor Yuri Milner, who paid $100 million for his home. People come here to find jobs and for a more peaceful and better quality of life. Here are the Top 10 Richest Places in America and how they split their Heroes Act bailout allocation: #1. These Are the 25 Richest Cities in America, The Krehbiels' Collection Goes to Auction, U.S. Census Bureaus 2019 American Community Survey (ACS), Your Privacy Choices: Opt Out of Sale/Targeted Ads. No wonder rich tech executives and investors have landed in Sunnyvale. 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). Located in Monmouth County, New Jersey, Rumson boasts a population of just over 7,000 (as of 2020). According to the report, in December 2022, West Palm Beach was home to 9,400 millionaires, 64 centi-millionaires, and six billionaires. The Richest Women in America in One Graphic The majority of the world's billionaires hail from the United States. A total of five billionaires on this year's list hail from North Carolina. Many renowned architects have also designed homes and churches in Winnetka, including George Washington Maher, Howard Van Doren Shaw, Solon S. Beman, and David Adler. Long work hours means more stress and less family time. In fact, all but two living in Russias capital came away worse off than they were the year prior. The town has had some population growth in recent years because of its reputation for low crime and low taxes. Or, you could just see where people like this live and try and get on their good side. The Midwest is also home to some of the lowest incomes, such as Michigans Highland Park, Missouris Cuba and Ohios East Cleveland. 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. Among the largest movers on the list was Highland Park, Texas, which moved up to No. Here's a look at the poorest cities in America: Chris Kolmar has been in the real estate business for almost ten years now. Of adults residing in Westport, 78 percent hold a bachelors degree or higher. Another suburb of Boston, Needham (which is located just below Wellesley) is a popular residence for folks looking to work in the city without having to live in it. The U.S. Census Bureau tracks median household income up to $250,000. 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. Bloomberg released its annual Richest Places index, revealing the wealthiest towns in the US. This city has it all - Grand houses. Vermont is a beautiful state that is the home of countless cities . 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). Okay, thanks Mr. 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. I cover real estate, economics and cost of living. In fact, people here are more likely to downplay their money than show it off. Hes Just Getting Started. Similar cases include Central Falls, Rhode Island, whose population peaked at 25,808 in 1930; East Cleveland, whose population peaked at 40,047 in 1950; and Highland Park, Michigan, whose population peaked at 52,959 in 1930. Castle Pines Source: Public domain Overall SnackAbility 6 /10 Population: 10,977 Rank Last Year: 1 (Down 1) For listings in Canada, the trademarks REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. One reason people are 'rich' in Fremont is the fact that salaries are so inflated because the cost of living is so high. As of 2019, 30,970 people lived in Needham, with 76 percent of adults being highly educated with at least a bachelors degree. 6 and Hangzhou fell out of the top 10 from the No. Editor's Note: We updated this article for 2022. Largely a city of commuters, Los Altos is home to just more than 30,500 people, of which 84.2 percent of adults have at least a bachelors degreemaking it the fourth most educated city in the United States. Some notable Americans who have called the Essex County, New Jersey, town home include actress Anne Hathaway and fashion designer Rachel Zoe. Los Altos- $326,456. where the concentration of wealthiest cities is the densest). Just about all households who live here earn well over $100,000 a year annually. 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. 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. This is followed by Los Angeles with 52 billionaires, and San Francisco and Chicago, who each have 44 billionaires. Some of these neighborhoods are where you go to for sell Girl Scout cookies or candy bars or where all the poor kids go trick-or-treating on Halloween. There are six cities in where the median household income is less than $20,000: (1). But wealthy people - like old money people will never spend all their money. The Old Greenwich Station, a commuter rail station that delivers residents to nearby New York City, was built in 1872 and is listed on the National Register of Historic Places. They also get an excellent location by the bay. Big Sky, Montana; Jackson Hole, Wyoming; Aspen, Colorado; Park City, Utah; and Lake Tahoe, California are seeing increased sales amid the Covid-19 pandemic, as wealthy residents flee cities in . A fresh infusion of wealthand trouble in Asias markets over the past yearhelped end the short-lived reign of Beijing, which usurped New York as the top billionaire city for the first time in six years in 2021. Bloomberg released its annual list of the richest town . According to Henley and Partner's 2023 wealth report, cities like Austin, Texas, and Scottsdale, Arizona, are gaining millionaire residents, while bigger cities like Chicago, and New York City are losing them. Back . Lafayette sits to the east of Berkeley and touts notable wealth. The No. U.S. Census 2016-2020 American Community Survey. In addition to its proximity to NYC, Westfield has attractions of its own, including Lenape Park, a 450-acre nature reserve. Notable figures who have called Los Altos Hills home include former Major League Baseball player Barry Bonds and tech entrepreneur Steve Kirsch. Forbes' Post Forbes 18,071,009 followers 40m Report this post Report Report. Seattle, Tacoma, and Bellevue combine to become some of the richest cities in America. Dropping from the No. 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. 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. 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. Until after World War II, Dix Hills was largely a farming 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. Surprised by that? While that may seem quite high, its surprisingly ranked only 57th of the 1,775 cities evaluated. Now the Midwest is starting to make some noise. 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. The median household income is $94,027, and the median home value is $503,000. As one of the densest cities on this listwith 60,257 residents as of 2019its not entirely shocking that of all the richest cities in America, Cupertino has one of the highest poverty rates at 6 percent. Just ask someone without it. The richest cities in the U.S. are glittering metropolises where super-wealthy people gather and even relatively modest homes costs millions of dollars. HomeSnacks is reader-supported. It Includes Palm Beach island and the town of West Palm Beach. Jeff Bezos, the. There's a lot of old money here, too. Forbes in Boydton, VA Expand search. A 35-minute train ride from New York City, the town sports quaint shops and top-rated schools.