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In this study, GOBankingRates analyzed U.S. Census Bureau income data in locations in every state with 500 to 15,000 households to determine the wealthiest small towns in America and they’re ...
How much do you make compared to people who live in these towns?
Methodology: To find the most expensive small towns in America, GOBankingRates looked at [1] towns with 500-15,000 housing units, according to the U.S. Census American Community Survey.
To put it another way, the purchasing power of a dollar compared to the U.S. average is $1.13 in Birmingham and $0.79 in San Jose. The net impact of accounting for differences in the purchasing power of a dollar in different MSAs is to narrow the gap in the standard of living between rich and poor cities. [6]
Massachusetts is the second wealthiest state in the United States of America, with a median household income of $89,026 (as of 2021), [1] and a per capita income of $48,617 (as of 2021). [2] Many of the state's wealthiest towns are located in the Boston suburbs.
Richfield town (Washington County), WI Urban Cluster 5,045 29,678 64 Camarillo, CA Urbanized Area 62,798 29,674 65 Ocean View, DE Urban Cluster 7,330 29,549 66 Highland Mills, NY Urban Cluster 7,127 29,423 67 Poolesville, MD Urban Cluster 4,740 29,318 68 Portsmouth, NH—ME Urbanized Area 50,912 29,155 69 Brooklyn, MI Urban Cluster 4,683 29,144 70
Want to own a home in one of America's wealthiest towns? Your annual income needs to be at least $136,000, at a bare minimum, to afford it in these pricey locations. Find Out: How Far a $100,000...
In terms of per capita income, Connecticut is the wealthiest state in the United States of America.As at 2019, Connecticut had a per capita income of $44,496. [1]Despite its high per capita income, Connecticut is still mainly a middle to upper-middle class state.