The United States is large enough that even what defines wealth varies greatly from place to place. (How wealthy was the 1% each year since 1976.)
For example, it takes a median annual household income of only $77,750 to live in the wealthiest town in West Virginia, Boaz located along the Ohio River, but it requires at least more than two-and-a-half times that annual income to be in the statistical middle in Chevy Chase Village, Maryland, one of the wealthiest and most highly educated towns in America.
To determine the richest town in every state, 24/7 Wall St. reviewed the median household income for towns and places in every state using data from the U.S. Census Bureau’s 2020 American Community Survey. Towns are defined as having populations between 1,000 and 25,000.
The Census Bureau does not break down median incomes higher than $250,000, even though many places exceed that maximum. Therefore, several towns on this list are listed as having a median income of $250,001. For these areas we broke ties by using the percentage of households earning over $200,000 annually, the highest bracket the Census provides.
The variation in the gap between the median income of the richest town and the median income statewide is large. In Steele Creek, Alaska, households earn a median household income that is about $28,000 more than the statewide median, while the typical household in Belle Meade, Tennessee, earns at least $195,000 more than the typical household across the state as a whole.
Median home values in the 50 towns that make up the wealthiest town in each state are often hundreds of thousands of dollars higher than nearby communities, and the median home value statewide.
The median home value in Hickman, Nebraska, is almost $53,000 higher than the statewide median of $216,800. In Yarrow Point, Washington, the home value is more than $1.6 million above the statewide median of $366,800. The wealthiest towns in nine U.S. states — including South Carolina, Arizona, and Texas — have median home values that are at least $1 million above the statewide median.
The largest of these 50 towns is Scarsdale, New York, with a population of 17,890. The smallest: Thompson, North Dakota, home to just 1,143 people.
Setting aside the occasional built-from-a-garage millionaire who skipped college, people in these communities overwhelmingly tend to be more highly educated than their statewide peers. (These are the 30 richest Americans of all time.)
Here is the richest town in every state
Click here to see our detailed methodology
Alabama: Highland Lakes
> Median household income: $155,200 (Alabama: $52,035)
> Adults with at least a bachelor’s degree: 72.8% (Alabama: 26.2%)
> Households with incomes above $200,000: 39.8% (Alabama: 4.4%)
> Median home value: $450,500 (Alabama: $149,600)
> Population: 5,973
[in-text-ad]
Alaska: Steele Creek
> Median household income: $105,938 (Alaska: $77,790)
> Adults with at least a bachelor’s degree: 36.1% (Alaska: 30.0%)
> Households with incomes above $200,000: 21.1% (Alaska: 8.8%)
> Median home value: $271,600 (Alaska: $275,600)
> Population: 7,365
Arizona: Paradise Valley
> Median household income: $212,773 (Arizona: $61,529)
> Adults with at least a bachelor’s degree: 73.0% (Arizona: 30.3%)
> Households with incomes above $200,000: 52.9% (Arizona: 6.4%)
> Median home value: $1,663,200 (Arizona: $242,000)
> Population: 14,502
Arkansas: Goshen
> Median household income: $146,250 (Arkansas: $49,475)
> Adults with at least a bachelor’s degree: 70.3% (Arkansas: 23.8%)
> Households with incomes above $200,000: 33.4% (Arkansas: 4.0%)
> Median home value: $428,900 (Arkansas: $133,600)
> Population: 2,528
[in-text-ad-2]
California: Castle Hill
> Median household income: $250,001 (California: $78,672)
> Adults with at least a bachelor’s degree: 75.8% (California: 34.7%)
> Households with incomes above $200,000: 66.1% (California: 13.3%)
> Median home value: $1,337,100 (California: $538,500)
> Population: 1,164
Colorado: Cherry Hills Village
> Median household income: $250,001 (Colorado: $75,231)
> Adults with at least a bachelor’s degree: 86.9% (Colorado: 41.6%)
> Households with incomes above $200,000: 60.6% (Colorado: 9.7%)
> Median home value: $1,919,500 (Colorado: $369,900)
> Population: 6,680
[in-text-ad]
Connecticut: Tokeneke
> Median household income: $250,001 (Connecticut: $79,855)
> Adults with at least a bachelor’s degree: 97.8% (Connecticut: 40.0%)
> Households with incomes above $200,000: 73.4% (Connecticut: 13.2%)
> Median home value: $2,000,001 (Connecticut: $279,700)
> Population: 2,533
24/7 Wall St.
Delaware: Hockessin
> Median household income: $153,879 (Delaware: $69,110)
> Adults with at least a bachelor’s degree: 68.2% (Delaware: 32.7%)
> Households with incomes above $200,000: 37.7% (Delaware: 7.6%)
> Median home value: $456,100 (Delaware: $258,300)
> Population: 14,172
Florida: Palm Beach
> Median household income: $169,003 (Florida: $57,703)
> Adults with at least a bachelor’s degree: 68.4% (Florida: 30.5%)
> Households with incomes above $200,000: 48.0% (Florida: 6.4%)
> Median home value: $1,211,900 (Florida: $232,000)
> Population: 8,776
[in-text-ad-2]
Georgia: Berkeley Lake
> Median household income: $135,579 (Georgia: $61,224)
> Adults with at least a bachelor’s degree: 59.7% (Georgia: 32.2%)
> Households with incomes above $200,000: 26.9% (Georgia: 7.1%)
> Median home value: $503,900 (Georgia: $190,200)
> Population: 2,324
Hawaii: Maunawili
> Median household income: $151,250 (Hawaii: $83,173)
> Adults with at least a bachelor’s degree: 65.9% (Hawaii: 33.6%)
> Households with incomes above $200,000: 35.43% (Hawaii: 11.3%)
> Median home value: $1,104,000 (Hawaii: $636,400)
> Population: 1,915
[in-text-ad]
Idaho: Hidden Spring
> Median household income: $122,188 (Idaho: $58,915)
> Adults with at least a bachelor’s degree: 59.0% (Idaho: 28.7%)
> Households with incomes above $200,000: 30.2% (Idaho: 4.8%)
> Median home value: $473,200 (Idaho: $235,600)
> Population: 3,416
Illinois: Winnetka
> Median household income: $250,001 (Illinois: $68,428)
> Adults with at least a bachelor’s degree: 91.6% (Illinois: 35.5%)
> Households with incomes above $200,000: 60.9% (Illinois: 8.9%)
> Median home value: $1,132,400 (Illinois: $202,100)
> Population: 12,361
Indiana: Meridian Hills
> Median household income: $164,167 (Indiana: $58,235)
> Adults with at least a bachelor’s degree: 77.4% (Indiana: 27.2%)
> Households with incomes above $200,000: 42.0% (Indiana: 4.5%)
> Median home value: $495,300 (Indiana: $148,900)
> Population: 1,712
[in-text-ad-2]
Iowa: Robins
> Median household income: $132,188 (Iowa: $61,836)
> Adults with at least a bachelor’s degree: 54.2% (Iowa: 29.3%)
> Households with incomes above $200,000: 21.8% (Iowa: 5.0%)
> Median home value: $304,400 (Iowa: $153,900)
> Population: 3,510
Kansas: Mission Hills
> Median household income: $250,001 (Kansas: $61,091)
> Adults with at least a bachelor’s degree: 90.5% (Kansas: 33.9%)
> Households with incomes above $200,000: 60.6% (Kansas: 5.7%)
> Median home value: $966,200 (Kansas: $157,600)
> Population: 3,563
[in-text-ad]
Kentucky: Anchorage
> Median household income: $188,906 (Kentucky: $52,238)
> Adults with at least a bachelor’s degree: 77.3% (Kentucky: 25.0%)
> Households with incomes above $200,000: 48.9% (Kentucky: 4.2%)
> Median home value: $698,500 (Kentucky: $147,100)
> Population: 2,357
Louisiana: Paulina
> Median household income: $135,625 (Louisiana: $50,800)
> Adults with at least a bachelor’s degree: 37.9% (Louisiana: 24.9%)
> Households with incomes above $200,000: 13.5% (Louisiana: 4.7%)
> Median home value: $319,100 (Louisiana: $168,100)
> Population: 1,761
Maine: Falmouth Foreside
> Median household income: $123,026 (Maine: $59,489)
> Adults with at least a bachelor’s degree: 81.1% (Maine: 32.5%)
> Households with incomes above $200,000: 24.5% (Maine: 4.9%)
> Median home value: $556,900 (Maine: $198,000)
> Population: 1,550
[in-text-ad-2]
Maryland: Chevy Chase Village
> Median household income: $250,001 (Maryland: $87,063)
> Adults with at least a bachelor’s degree: 95.1% (Maryland: 40.9%)
> Households with incomes above $200,000: 78.1% (Maryland: 13.5%)
> Median home value: $1,937,500 (Maryland: $325,400)
> Population: 1,871
Massachusetts: Dover
> Median household income: $217,284 (Massachusetts: $84,385)
> Adults with at least a bachelor’s degree: 78.2% (Massachusetts: 44.5%)
> Households with incomes above $200,000: 56.6% (Massachusetts: 14.3%)
> Median home value: $986,000 (Massachusetts: $398,800)
> Population: 2,518
[in-text-ad]
Michigan: Orchard Lake Village
> Median household income: $208,750 (Michigan: $59,234)
> Adults with at least a bachelor’s degree: 66.2% (Michigan: 30.0%)
> Households with incomes above $200,000: 50.9% (Michigan: 5.7%)
> Median home value: $686,400 (Michigan: $162,600)
> Population: 2,489
24/7 Wall St.
Minnesota: North Oaks
> Median household income: $210,370 (Minnesota: $73,382)
> Adults with at least a bachelor’s degree: 73.0% (Minnesota: 36.8%)
> Households with incomes above $200,000: 54.3% (Minnesota: 8.5%)
> Median home value: $672,600 (Minnesota: $235,700)
> Population: 5,244
Mississippi: Pleasant Hill
> Median household income: $123,583 (Mississippi: $46,511)
> Adults with at least a bachelor’s degree: 38.4% (Mississippi: 22.8%)
> Households with incomes above $200,000: 33.5% (Mississippi: 3.4%)
> Median home value: $294,600 (Mississippi: $125,500)
> Population: 1,657
[in-text-ad-2]
Missouri: Ladue
> Median household income: $242,792 (Missouri: $57,290)
> Adults with at least a bachelor’s degree: 84.5% (Missouri: 29.9%)
> Households with incomes above $200,000: 56.1% (Missouri: 5.2%)
> Median home value: $775,600 (Missouri: $163,600)
> Population: 8,631
Montana: Helena Valley Northeast
> Median household income: $112,656 (Montana: $56,539)
> Adults with at least a bachelor’s degree: 43.5% (Montana: 33.1%)
> Households with incomes above $200,000: 11.1% (Montana: 4.7%)
> Median home value: $373,700 (Montana: $244,900)
> Population: 3,519
[in-text-ad]
Nebraska: Hickman
> Median household income: $100,250 (Nebraska: $63,015)
> Adults with at least a bachelor’s degree: 40.9% (Nebraska: 32.5%)
> Households with incomes above $200,000: 8.5% (Nebraska: 5.2%)
> Median home value: $216,800 (Nebraska: $164,000)
> Population: 2,432
24/7 Wall St.
Nevada: Incline Village
> Median household income: $117,905 (Nevada: $62,043)
> Adults with at least a bachelor’s degree: 58.4% (Nevada: 25.5%)
> Households with incomes above $200,000: 28.5% (Nevada: 5.9%)
> Median home value: $909,100 (Nevada: $290,200)
> Population: 9,160
New Hampshire: Londonderry
> Median household income: $107,813 (New Hampshire: $77,923)
> Adults with at least a bachelor’s degree: 42.7% (New Hampshire: 37.6%)
> Households with incomes above $200,000: 14.2% (New Hampshire: 9.7%)
> Median home value: $331,800 (New Hampshire: $272,300)
> Population: 12,053
[in-text-ad-2]
New Jersey: Short Hills
> Median household income: $250,001 (New Jersey: $85,245)
> Adults with at least a bachelor’s degree: 89.4% (New Jersey: 40.7%)
> Households with incomes above $200,000: 70.5% (New Jersey: 14.8%)
> Median home value: $1,388,700 (New Jersey: $343,500)
> Population: 13,700
New Mexico: Tano Road
> Median household income: $121,750 (New Mexico: $51,243)
> Adults with at least a bachelor’s degree: 74.2% (New Mexico: 28.1%)
> Households with incomes above $200,000: 28.5% (New Mexico: 4.1%)
> Median home value: $846,000 (New Mexico: $175,700)
> Population: 1,596
[in-text-ad]
New York: Scarsdale
> Median household income: $250,001 (New York: $71,117)
> Adults with at least a bachelor’s degree: 89.5% (New York: 37.5%)
> Households with incomes above $200,000: 69.3% (New York: 11.5%)
> Median home value: $1,473,200 (New York: $325,000)
> Population: 17,890
North Carolina: Walnut Creek
> Median household income: $158,750 (North Carolina: $56,642)
> Adults with at least a bachelor’s degree: 73.5% (North Carolina: 32.0%)
> Households with incomes above $200,000: 42.0% (North Carolina: 6.0%)
> Median home value: $383,700 (North Carolina: $182,100)
> Population: 1,419
North Dakota: Thompson
> Median household income: $100,500 (North Dakota: $65,315)
> Adults with at least a bachelor’s degree: 38.1% (North Dakota: 30.7%)
> Households with incomes above $200,000: 3.7% (North Dakota: 6.0%)
> Median home value: $222,000 (North Dakota: $199,900)
> Population: 1,143
[in-text-ad-2]
Ohio: South Russell
> Median household income: $133,750 (Ohio: $58,116)
> Adults with at least a bachelor’s degree: 71.7% (Ohio: 28.9%)
> Households with incomes above $200,000: 22.7% (Ohio: 5.2%)
> Median home value: $353,600 (Ohio: $151,400)
> Population: 3,761
Oklahoma: Tuttle
> Median household income: $89,375 (Oklahoma: $53,840)
> Adults with at least a bachelor’s degree: 28.7% (Oklahoma: 26.1%)
> Households with incomes above $200,000: 8.4% (Oklahoma: 4.5%)
> Median home value: $194,700 (Oklahoma: $142,400)
> Population: 7,348
[in-text-ad]
Oregon: Dunthorpe
> Median household income: $250,001 (Oregon: $65,667)
> Adults with at least a bachelor’s degree: 81.3% (Oregon: 34.4%)
> Households with incomes above $200,000: 65.8% (Oregon: 7.2%)
> Median home value: $1,281,700 (Oregon: $336,700)
> Population: 1,690
24/7 Wall St.Pennsylvania: Villanova
> Median household income: $250,001 (Pennsylvania: $63,627)
> Adults with at least a bachelor’s degree: 83.9% (Pennsylvania: 32.3%)
> Households with incomes above $200,000: 61.5% (Pennsylvania: 7.1%)
> Median home value: $750,000 (Pennsylvania: $187,500)
> Population: 7,194
Rhode Island: Ashaway
> Median household income: $103,750 (Rhode Island: $70,305)
> Adults with at least a bachelor’s degree: 20.2% (Rhode Island: 35.0%)
> Households with incomes above $200,000: 3.1% (Rhode Island: 7.7%)
> Median home value: $241,200 (Rhode Island: $276,600)
> Population: 1,444
[in-text-ad-2]
South Carolina: India Hook
> Median household income: $92,824 (South Carolina: $54,864)
> Adults with at least a bachelor’s degree: 45.9% (South Carolina: 29.0%)
> Households with incomes above $200,000: 13.4% (South Carolina: 5.1%)
> Median home value: $206,500 (South Carolina: $170,100)
> Population: 3,762
South Dakota: Colonial Pine Hills
> Median household income: $85,213 (South Dakota: $59,896)
> Adults with at least a bachelor’s degree: 40.2% (South Dakota: 29.3%)
> Households with incomes above $200,000: 4.6% (South Dakota: 4.5%)
> Median home value: $293,100 (South Dakota: $174,600)
> Population: 2,720
[in-text-ad]
Tennessee: Belle Meade
> Median household income: $250,001 (Tennessee: $54,833)
> Adults with at least a bachelor’s degree: 84.1% (Tennessee: 28.2%)
> Households with incomes above $200,000: 58.2% (Tennessee: 5.1%)
> Median home value: $1,595,500 (Tennessee: $177,600)
> Population: 2,191
24/7 Wall St.
Texas: Hunters Creek Village
> Median household income: $250,001 (Texas: $63,826)
> Adults with at least a bachelor’s degree: 84.1% (Texas: 30.7%)
> Households with incomes above $200,000: 72.2% (Texas: 7.8%)
> Median home value: $1,778,800 (Texas: $187,200)
> Population: 4,834
Utah: Woodland Hills
> Median household income: $121,750 (Utah: $74,197)
> Adults with at least a bachelor’s degree: 55.7% (Utah: 34.7%)
> Households with incomes above $200,000: 25.9% (Utah: 7.0%)
> Median home value: $534,500 (Utah: $305,400)
> Population: 1,422
[in-text-ad-2]
Vermont: Jericho
> Median household income: $92,188 (Vermont: $63,477)
> Adults with at least a bachelor’s degree: 63.0% (Vermont: 39.7%)
> Households with incomes above $200,000: 1.3% (Vermont: 6.0%)
> Median home value: $268,800 (Vermont: $230,900)
> Population: 1,077
Virginia: Great Falls Crossing
> Median household income: $250,001 (Virginia: $76,398)
> Adults with at least a bachelor’s degree: 92.8% (Virginia: 39.5%)
> Households with incomes above $200,000: 79.4% (Virginia: 11.7%)
> Median home value: $874,700 (Virginia: $282,800)
> Population: 1,407
[in-text-ad]
Washington: Yarrow Point
> Median household income: $250,001 (Washington: $77,006)
> Adults with at least a bachelor’s degree: 86.3% (Washington: 36.7%)
> Households with incomes above $200,000: 64.1% (Washington: 10.6%)
> Median home value: $2,000,001 (Washington: $366,800)
> Population: 1,353
West Virginia: Boaz
> Median household income: $77,750 (West Virginia: $48,037)
> Adults with at least a bachelor’s degree: 23.5% (West Virginia: 21.3%)
> Households with incomes above $200,000: 4.5% (West Virginia: 3.1%)
> Median home value: $160,700 (West Virginia: $123,200)
> Population: 1,645
Wisconsin: Elm Grove
> Median household income: $112,500 (Wisconsin: $63,293)
> Adults with at least a bachelor’s degree: 61.4% (Wisconsin: 30.8%)
> Households with incomes above $200,000: 27.6% (Wisconsin: 5.2%)
> Median home value: $395,500 (Wisconsin: $189,200)
> Population: 6,156
[in-text-ad-2]
.jpg "CheyenneWyoming by Vasiliymeshko")
Wyoming: Ranchettes
> Median household income: $106,513 (Wyoming: $65,304)
> Adults with at least a bachelor’s degree: 40.0% (Wyoming: 28.2%)
> Households with incomes above $200,000: 16.3% (Wyoming: 5.1%)
> Median home value: $406,900 (Wyoming: $228,000)
> Population: 6,384
Methdology
To determine the richest town in every state, 24/7 Wall St. reviewed the median household income for towns and places in every state using data from the U.S. Census Bureau’s 2020 American Community Survey. Towns are defined as having populations between 1,000 and 25,000. Only towns with relevant data were included.
In several states, the town with the highest median income is listed as having income of $250,001 – the Census’ notation for income levels falling in the “highest interval of an open-ended distribution” of $250,000+. In cases where more than one town in a state had the same income, we used the percentage of households earning more than $200,000 a year to break the ties.
The percentage of adults 25 or over with at least a bachelor’s degree, the poverty rate, median home value, and population for each town also came from the ACS. All estimates are five-year averages for 2020.
Find a Qualified Financial Advisor (Sponsor)
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
