The median annual household income in America is just over $60,000. While many of the highest paying jobs tend to be concentrated near large population centers, there are also smaller towns that are very prosperous. In most states, the wealthiest town has a median household income that is two or three times higher than the median across the state as a whole.
24/7 Wall St. reviewed the median annual household income in over 2,600 cities, towns, villages, and census designated places to identify the richest town in every state. We only considered areas with populations between 1,000 and 25,000. To ensure accuracy, we only considered places where the margin of error for population and median household income was less than 10%.
One characteristic these towns have in common is a high level of education among their populations. All 50 have among the highest share of adults with a bachelor’s degree in their states, and all but four exceed the U.S. bachelor’s degree attainment rate of 31.5%. A college degree can provide the holder with a much wider range of job opportunities, and the jobs themselves tend to be higher income. These are America’s most and least educated states.
It is worth noting that the data used for this story represents a time before the coronavirus pandemic. While the economies of rural areas are believed to be less exposed to these effects, the virus has adversely affected all parts of the U.S. These are the state economies most likely to be crippled by the coronavirus.
Click here to see the richest town in every state
Alabama: Highland Lakes
> Median household income: $151,055 (state: $48,486)
> Poverty rate: 1.9% (state: 17.5%)
> Median home value: $441,000 (state: $137,200)
> Population: 5,500
[in-text-ad]
Alaska: Gateway
> Median household income: $100,641 (state: $76,715)
> Poverty rate: 4.2% (state: 10.8%)
> Median home value: $296,500 (state: $265,200)
> Population: 7,037
24/7 Wall St.
Arizona: Paradise Valley
> Median household income: $204,145 (state: $56,213)
> Poverty rate: 5.0% (state: 16.1%)
> Median home value: $1,505,300 (state: $209,600)
> Population: 14,215
Arkansas: Centerton
> Median household income: $73,015 (state: $45,726)
> Poverty rate: 8.8% (state: 17.6%)
> Median home value: $170,700 (state: $123,300)
> Population: 13,252
[in-text-ad-2]
California: Belvedere
> Median household income: $223,182 (state: $71,228)
> Poverty rate: 2.3% (state: 14.3%)
> Median home value: $2,000,000+ (state: $475,900)
> Population: 2,098
Colorado: Genesee
> Median household income: $159,226 (state: $68,811)
> Poverty rate: 5.5% (state: 10.9%)
> Median home value: $694,900 (state: $313,600)
> Population: 3,766
[in-text-ad]
Connecticut: Darien
> Median household income: $210,511 (state: $76,106)
> Poverty rate: 3.1% (state: 10.0%)
> Median home value: $1,461,100 (state: $272,700)
> Population: 21,759
24/7 Wall St.
Delaware: North Star
> Median household income: $141,533 (state: $65,627)
> Poverty rate: 1.8% (state: 11.9%)
> Median home value: $444,400 (state: $244,700)
> Population: 7,441
Florida: Pinecrest
> Median household income: $153,417 (state: $53,267)
> Poverty rate: 5.5% (state: 14.8%)
> Median home value: $919,800 (state: $196,800)
> Population: 19,446
[in-text-ad-2]
Georgia: Avondale Estates
> Median household income: $108,299 (state: $55,679)
> Poverty rate: 2.9% (state: 16.0%)
> Median home value: $349,500 (state: $166,800)
> Population: 3,135
Hawaii: Ocean Pointe
> Median household income: $114,801 (state: $78,084)
> Poverty rate: 4.2% (state: 9.9%)
> Median home value: $629,800 (state: $587,700)
> Population: 14,037
[in-text-ad]
Idaho: Dalton Gardens
> Median household income: $71,111 (state: $53,089)
> Poverty rate: 3.6% (state: 13.8%)
> Median home value: $364,600 (state: $192,300)
> Population: 2,765
Illinois: Inverness
> Median household income: $180,541 (state: $63,575)
> Poverty rate: 1.2% (state: 13.1%)
> Median home value: $625,100 (state: $187,200)
> Population: 7,747
Indiana: Hidden Valley
> Median household income: $106,285 (state: $54,325)
> Poverty rate: 3.7% (state: 14.1%)
> Median home value: $196,800 (state: $135,400)
> Population: 5,449
[in-text-ad-2]
Iowa: Robins
> Median household income: $129,081 (state: $58,580)
> Poverty rate: 0.7% (state: 11.7%)
> Median home value: $301,700 (state: $142,300)
> Population: 3,414
Kansas: Fairway
> Median household income: $105,000 (state: $57,422)
> Poverty rate: 2.7% (state: 12.4%)
> Median home value: $352,200 (state: $145,400)
> Population: 3,947
[in-text-ad]
Kentucky: Buckner
> Median household income: $123,220 (state: $48,392)
> Poverty rate: 11.5% (state: 17.9%)
> Median home value: $328,000 (state: $135,300)
> Population: 5,465
Louisiana: Destrehan
> Median household income: $92,052 (state: $47,942)
> Poverty rate: 3.6% (state: 19.4%)
> Median home value: $234,500 (state: $157,800)
> Population: 10,933
Maine: Topsham
> Median household income: $72,537 (state: $55,425)
> Poverty rate: 10.6% (state: 12.5%)
> Median home value: $218,800 (state: $184,500)
> Population: 6,103
[in-text-ad-2]
Maryland: Travilah
> Median household income: $235,669 (state: $81,868)
> Poverty rate: 1.6% (state: 9.4%)
> Median home value: $1,090,400 (state: $305,500)
> Population: 11,633
Massachusetts: Winchester
> Median household income: $159,536 (state: $77,378)
> Poverty rate: 2.5% (state: 10.8%)
> Median home value: $893,700 (state: $366,800)
> Population: 22,677
[in-text-ad]
Michigan: Bloomfield Hills
> Median household income: $174,750 (state: $54,938)
> Poverty rate: 2.9% (state: 15.0%)
> Median home value: $856,700 (state: $146,200)
> Population: 4,009
Minnesota: Dellwood
> Median household income: $176,528 (state: $68,411)
> Poverty rate: 0.3% (state: 10.1%)
> Median home value: $619,000 (state: $211,800)
> Population: 1,251
Mississippi: Brandon
> Median household income: $74,172 (state: $43,567)
> Poverty rate: 3.8% (state: 20.8%)
> Median home value: $177,900 (state: $114,500)
> Population: 23,688
[in-text-ad-2]
Missouri: Clarkson Valley
> Median household income: $170,952 (state: $53,560)
> Poverty rate: 1.3% (state: 14.2%)
> Median home value: $629,200 (state: $151,600)
> Population: 2,640
Montana: Montana City
> Median household income: $93,194 (state: $52,559)
> Poverty rate: 2.4% (state: 13.7%)
> Median home value: $331,900 (state: $219,600)
> Population: 2,796
[in-text-ad]
Nebraska: Papillion
> Median household income: $80,853 (state: $59,116)
> Poverty rate: 4.1% (state: 11.6%)
> Median home value: $180,700 (state: $147,800)
> Population: 20,466
Nevada: Spring Creek
> Median household income: $97,143 (state: $57,598)
> Poverty rate: 4.0% (state: 13.7%)
> Median home value: $225,400 (state: $242,400)
> Population: 13,805
New Hampshire: Hampton
> Median household income: $92,688 (state: $74,057)
> Poverty rate: 4.3% (state: 7.9%)
> Median home value: $358,300 (state: $252,800)
> Population: 9,235
[in-text-ad-2]
New Jersey: Glen Ridge
> Median household income: $213,801 (state: $79,363)
> Poverty rate: 3.9% (state: 10.4%)
> Median home value: $644,900 (state: $327,900)
> Population: 7,573
New Mexico: Los Alamos
> Median household income: $106,288 (state: $48,059)
> Poverty rate: 6.6% (state: 20.0%)
> Median home value: $295,600 (state: $166,800)
> Population: 12,373
[in-text-ad]
New York: Greenville
> Median household income: $222,115 (state: $65,323)
> Poverty rate: 3.3% (state: 14.6%)
> Median home value: $954,400 (state: $302,200)
> Population: 7,336
North Carolina: Weddington
> Median household income: $132,587 (state: $52,413)
> Poverty rate: 1.7% (state: 15.4%)
> Median home value: $443,600 (state: $165,900)
> Population: 10,574
North Dakota: Horace
> Median household income: $131,354 (state: $63,473)
> Poverty rate: 1.5% (state: 10.9%)
> Median home value: $293,800 (state: $185,000)
> Population: 2,660
[in-text-ad-2]
Ohio: New Albany
> Median household income: $203,194 (state: $54,533)
> Poverty rate: 2.5% (state: 14.5%)
> Median home value: $494,600 (state: $140,000)
> Population: 10,896
Oklahoma: Jenks
> Median household income: $93,364 (state: $51,424)
> Poverty rate: 6.4% (state: 16.0%)
> Median home value: $205,100 (state: $130,900)
> Population: 21,793
[in-text-ad]
Oregon: Bethany
> Median household income: $127,351 (state: $59,393)
> Poverty rate: 4.8% (state: 14.1%)
> Median home value: $509,900 (state: $287,300)
> Population: 24,396
Pennsylvania: Edgeworth
> Median household income: $161,641 (state: $59,445)
> Poverty rate: 5.8% (state: 12.8%)
> Median home value: $602,000 (state: $174,100)
> Population: 1,596
Rhode Island: Cumberland Hill
> Median household income: $88,199 (state: $63,296)
> Poverty rate: 5.3% (state: 13.1%)
> Median home value: $251,300 (state: $249,800)
> Population: 8,142
[in-text-ad-2]
South Carolina: Tega Cay
> Median household income: $123,564 (state: $51,015)
> Poverty rate: 0.7% (state: 16.0%)
> Median home value: $316,500 (state: $154,800)
> Population: 9,954
South Dakota: Brandon
> Median household income: $84,075 (state: $56,499)
> Poverty rate: 2.5% (state: 13.6%)
> Median home value: $206,600 (state: $159,100)
> Population: 9,867
[in-text-ad]
Tennessee: Oak Hill
> Median household income: $159,167 (state: $50,972)
> Poverty rate: 0.8% (state: 16.1%)
> Median home value: $649,000 (state: $158,600)
> Population: 4,634
24/7 Wall St.
Texas: University Park
> Median household income: $214,477 (state: $59,570)
> Poverty rate: 4.3% (state: 15.5%)
> Median home value: $1,230,200 (state: $161,700)
> Population: 24,954
Utah: Highland
> Median household income: $133,768 (state: $68,374)
> Poverty rate: 2.6% (state: 10.3%)
> Median home value: $536,100 (state: $256,700)
> Population: 18,362
[in-text-ad-2]
Vermont: Essex Junction
> Median household income: $75,439 (state: $60,076)
> Poverty rate: 6.2% (state: 11.2%)
> Median home value: $283,400 (state: $223,700)
> Population: 10,395
Virginia: Great Falls
> Median household income: $228,836 (state: $71,564)
> Poverty rate: 2.8% (state: 10.9%)
> Median home value: $1,133,100 (state: $264,900)
> Population: 15,394
[in-text-ad]
Washington: Duvall
> Median household income: $156,205 (state: $70,116)
> Poverty rate: 2.1% (state: 11.5%)
> Median home value: $452,200 (state: $311,700)
> Population: 7,811
West Virginia: Bridgeport
> Median household income: $80,666 (state: $44,921)
> Poverty rate: 4.1% (state: 17.8%)
> Median home value: $220,100 (state: $115,000)
> Population: 8,466
Wisconsin: Whitefish Bay
> Median household income: $117,300 (state: $59,209)
> Poverty rate: 3.5% (state: 11.9%)
> Median home value: $373,200 (state: $173,600)
> Population: 14,039
[in-text-ad-2]
Wyoming: Rock Springs
> Median household income: $75,441 (state: $62,268)
> Poverty rate: 11.0% (state: 11.1%)
> Median home value: $217,400 (state: $213,300)
> Population: 23,633
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Have questions about retirement or personal finance? Email us at [email protected]!
By emailing your questions to 24/7 Wall St., you agree to have them published anonymously on a673b.bigscoots-temp.com.
By submitting your story, you understand and agree that we may use your story, or versions of it, in all media and platforms, including via third parties.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
