The Richest Town in Every State

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With a $23.3 trillion economy - accounting for nearly a quarter of global economic output in 2021 - the United States is the wealthiest country in the world by a wide margin. But despite its economic strength, the U.S. is also home to some of the world’s highest levels of income inequality. According to the World Bank, the wealth gap between the rich and poor in the U.S. is more pronounced than in China, Russia, or any highly developed European country with available data.

The latest available figures from the U.S. Census Bureau show that more than 41 million Americans live below the poverty line, which for a single household, for example, means (in most of the country) they live on an annual income of $14,580 or less. Meanwhile, at the other end of the spectrum, nearly 12.5 million American households earn more than $200,000 a year, and over 23% of all income in the U.S. is controlled by the top 5% of households by earnings.

Not only concentrated in the hands of a relative few, wealth is also geographically concentrated in the United States. Across the country, there are communities defined, at least in part, by their affluence - wealthy enclaves where incomes far exceed that of the average American household.

Using five-year data from the U.S. Census Bureau’s 2021 American Community Survey, 24/7 Wall St. identified the richest town in every state. Towns - defined for the purposes of this story as any community with populations between 1,000 and 25,000 people - were ranked on average household income.

In every town on this list, the average household income exceeds the $97,196 national average by more than $21,000. In half of all states, the average household income in the wealthiest town exceeds the national average by hundreds of thousands of dollars.

Incomes tend to rise with education levels in the United States, and the vast majority of towns on this list have well-educated populations. Nationwide, 33.7% of adults 25 and older have at least a bachelor’s degree. In all but nine towns on this list, the bachelor’s degree attainment rate exceeds 50%. (This is where the 25 richest American billionaires went to college .)

Not surprisingly, the high incomes in these communities are reflected in property values. In the vast majority of towns on this list, the typical home is worth over half a million dollars. (These are the states with the worst housing shortages for low income Americans .)

Click here to see the richest town in every state.

Click here to see our detailed methodology.

Alabama: Mountain Brook
> Avg. household income: $249,818 (Alabama: $76,150)
> Adults with a bachelor's degree or higher: 86.0% (Alabama: 26.7%)
> Median home value: $697,800 (Alabama: $157,100)
> Population: 22,184
> No. of towns considered in ranking: 298

Alaska: Steele Creek
> Avg. household income: $151,203 (Alaska: $103,258)
> Adults with a bachelor's degree or higher: 35.1% (Alaska: 30.6%)
> Median home value: $274,900 (Alaska: $282,800)
> Population: 7,399
> No. of towns considered in ranking: 70

ALSO READ: The City With the Richest Middle Class in Every State

Arizona: Paradise Valley
> Avg. household income: $359,522 (Arizona: $89,693)
> Adults with a bachelor's degree or higher: 71.7% (Arizona: 31.2%)
> Median home value: $1,778,000 (Arizona: $265,600)
> Population: 12,666
> No. of towns considered in ranking: 169

Arkansas: Goshen
> Avg. household income: $192,359 (Arkansas: $73,346)
> Adults with a bachelor's degree or higher: 69.4% (Arkansas: 24.3%)
> Median home value: $447,300 (Arkansas: $142,100)
> Population: 2,500
> No. of towns considered in ranking: 193

California: Atherton
> Avg. household income: $539,944 (California: $119,149)
> Adults with a bachelor's degree or higher: 84.6% (California: 35.3%)
> Median home value: $2,000,000+ (California: $573,200)
> Population: 7,181
> No. of towns considered in ranking: 758

Colorado: Cherry Hills Village
> Avg. household income: $464,068 (Colorado: $107,446)
> Adults with a bachelor's degree or higher: 86.0% (Colorado: 42.8%)
> Median home value: $2,000,000+ (Colorado: $397,500)
> Population: 6,426
> No. of towns considered in ranking: 186

Connecticut: Tokeneke
> Avg. household income: $611,239 (Connecticut: $120,670)
> Adults with a bachelor's degree or higher: 96.2% (Connecticut: 40.6%)
> Median home value: $2,000,000+ (Connecticut: $286,700)
> Population: 2,656
> No. of towns considered in ranking: 133

ALSO READ: CEOs of Major US Companies Who Are Paid 1000 Times More Than Their Employees

Delaware: Rehoboth Beach
> Avg. household income: $255,755 (Delaware: $97,081)
> Adults with a bachelor's degree or higher: 67.9% (Delaware: 33.6%)
> Median home value: $1,186,900 (Delaware: $269,700)
> Population: 1,392
> No. of towns considered in ranking: 50

Florida: Palm Beach
> Avg. household income: $332,764 (Florida: $88,267)
> Adults with a bachelor's degree or higher: 68.6% (Florida: 31.5%)
> Median home value: $1,523,100 (Florida: $248,700)
> Population: 9,175
> No. of towns considered in ranking: 605

Georgia: Druid Hills
> Avg. household income: $209,785 (Georgia: $91,082)
> Adults with a bachelor's degree or higher: 87.0% (Georgia: 33.0%)
> Median home value: $698,000 (Georgia: $206,700)
> Population: 8,611
> No. of towns considered in ranking: 336

Hawaii: Kaanapali
> Avg. household income: $223,037 (Hawaii: $113,310)
> Adults with a bachelor's degree or higher: 49.1% (Hawaii: 34.3%)
> Median home value: $1,317,100 (Hawaii: $662,100)
> Population: 1,164
> No. of towns considered in ranking: 115

Idaho: Hidden Spring
> Avg. household income: $180,783 (Idaho: $83,777)
> Adults with a bachelor's degree or higher: 59.8% (Idaho: 29.1%)
> Median home value: $523,400 (Idaho: $266,500)
> Population: 3,382
> No. of towns considered in ranking: 88

ALSO READ: States With the Worst Housing Shortages for Low Income Americans

Illinois: Winnetka
> Avg. household income: $417,007 (Illinois: $100,719)
> Adults with a bachelor's degree or higher: 90.4% (Illinois: 36.2%)
> Median home value: $1,123,700 (Illinois: $212,600)
> Population: 12,658
> No. of towns considered in ranking: 624

Indiana: Meridian Hills
> Avg. household income: $278,878 (Indiana: $81,703)
> Adults with a bachelor's degree or higher: 79.4% (Indiana: 27.8%)
> Median home value: $554,900 (Indiana: $158,500)
> Population: 1,736
> No. of towns considered in ranking: 310

Iowa: Kent Estates
> Avg. household income: $172,590 (Iowa: $84,948)
> Adults with a bachelor's degree or higher: 59.5% (Iowa: 29.7%)
> Median home value: $314,700 (Iowa: $160,700)
> Population: 1,944
> No. of towns considered in ranking: 267

Kansas: Mission Hills
> Avg. household income: $444,346 (Kansas: $87,033)
> Adults with a bachelor's degree or higher: 87.9% (Kansas: 34.4%)
> Median home value: $963,400 (Kansas: $164,800)
> Population: 3,579
> No. of towns considered in ranking: 189

Kentucky: Anchorage
> Avg. household income: $305,118 (Kentucky: $76,511)
> Adults with a bachelor's degree or higher: 78.7% (Kentucky: 25.7%)
> Median home value: $707,100 (Kentucky: $155,100)
> Population: 2,607
> No. of towns considered in ranking: 225

ALSO READ: Where America’s 25 Richest Billionaires Went to College

Louisiana: Des Allemands
> Avg. household income: $139,761 (Louisiana: $77,025)
> Adults with a bachelor's degree or higher: 9.0% (Louisiana: 25.5%)
> Median home value: $122,800 (Louisiana: $174,000)
> Population: 2,342
> No. of towns considered in ranking: 261

Maine: Falmouth Foreside
> Avg. household income: $204,669 (Maine: $83,914)
> Adults with a bachelor's degree or higher: 83.6% (Maine: 33.6%)
> Median home value: $581,300 (Maine: $212,100)
> Population: 1,811
> No. of towns considered in ranking: 105

Maryland: Chevy Chase Village
> Avg. household income: $489,515 (Maryland: $120,234)
> Adults with a bachelor's degree or higher: 96.5% (Maryland: 41.6%)
> Median home value: $1,938,800 (Maryland: $338,500)
> Population: 1,858
> No. of towns considered in ranking: 275

Massachusetts: Dover
> Avg. household income: $432,571 (Massachusetts: $123,174)
> Adults with a bachelor's degree or higher: 83.5% (Massachusetts: 45.2%)
> Median home value: $1,020,700 (Massachusetts: $424,700)
> Population: 2,413
> No. of towns considered in ranking: 159

Michigan: Orchard Lake Village
> Avg. household income: $355,008 (Michigan: $85,727)
> Adults with a bachelor's degree or higher: 66.1% (Michigan: 30.6%)
> Median home value: $727,100 (Michigan: $172,100)
> Population: 2,351
> No. of towns considered in ranking: 382

ALSO READ: What It Costs to Retire Comfortably in Every State

Minnesota: Orono
> Avg. household income: $306,372 (Minnesota: $102,691)
> Adults with a bachelor's degree or higher: 68.4% (Minnesota: 37.6%)
> Median home value: $766,700 (Minnesota: $250,200)
> Population: 8,252
> No. of towns considered in ranking: 314

Mississippi: Pleasant Hill
> Avg. household income: $187,029 (Mississippi: $68,636)
> Adults with a bachelor's degree or higher: 45.0% (Mississippi: 23.2%)
> Median home value: $269,500 (Mississippi: $133,000)
> Population: 1,374
> No. of towns considered in ranking: 185

Missouri: Ladue
> Avg. household income: $384,815 (Missouri: $83,152)
> Adults with a bachelor's degree or higher: 84.8% (Missouri: 30.7%)
> Median home value: $844,700 (Missouri: $171,800)
> Population: 8,949
> No. of towns considered in ranking: 347

Montana: Helena Valley Northeast
> Avg. household income: $142,825 (Montana: $82,237)
> Adults with a bachelor's degree or higher: 45.5% (Montana: 33.7%)
> Median home value: $373,500 (Montana: $263,700)
> Population: 3,607
> No. of towns considered in ranking: 89

Nebraska: Hickman
> Avg. household income: $119,081 (Nebraska: $87,815)
> Adults with a bachelor's degree or higher: 43.2% (Nebraska: 32.9%)
> Median home value: $224,500 (Nebraska: $174,100)
> Population: 2,552
> No. of towns considered in ranking: 115

ALSO READ: The City With the Richest Middle Class in Every State

Nevada: Incline Village
> Avg. household income: $198,214 (Nevada: $89,562)
> Adults with a bachelor's degree or higher: 59.7% (Nevada: 26.1%)
> Median home value: $1,042,700 (Nevada: $315,900)
> Population: 9,440
> No. of towns considered in ranking: 46

New Hampshire: Hanover
> Avg. household income: $184,742 (New Hampshire: $108,061)
> Adults with a bachelor's degree or higher: 86.1% (New Hampshire: 38.2%)
> Median home value: $610,900 (New Hampshire: $288,700)
> Population: 8,813
> No. of towns considered in ranking: 60

New Jersey: Short Hills
> Avg. household income: $428,352 (New Jersey: $124,626)
> Adults with a bachelor's degree or higher: 88.2% (New Jersey: 41.5%)
> Median home value: $1,389,900 (New Jersey: $355,700)
> Population: 14,500
> No. of towns considered in ranking: 507

New Mexico: Las Campanas
> Avg. household income: $246,737 (New Mexico: $74,363)
> Adults with a bachelor's degree or higher: 78.3% (New Mexico: 28.5%)
> Median home value: $1,075,900 (New Mexico: $184,800)
> Population: 1,280
> No. of towns considered in ranking: 144

New York: Brookville
> Avg. household income: $617,173 (New York: $111,583)
> Adults with a bachelor's degree or higher: 82.0% (New York: 38.1%)
> Median home value: $2,000,000+ (New York: $340,600)
> Population: 2,937
> No. of towns considered in ranking: 773

ALSO READ: CEOs of Major US Companies Who Are Paid 1000 Times More Than Their Employees

North Carolina: Biltmore Forest
> Avg. household income: $317,802 (North Carolina: $84,888)
> Adults with a bachelor's degree or higher: 83.1% (North Carolina: 33.0%)
> Median home value: $1,074,500 (North Carolina: $197,500)
> Population: 1,670
> No. of towns considered in ranking: 413

North Dakota: Horace
> Avg. household income: $188,255 (North Dakota: $89,443)
> Adults with a bachelor's degree or higher: 43.2% (North Dakota: 31.1%)
> Median home value: $378,700 (North Dakota: $209,900)
> Population: 3,141
> No. of towns considered in ranking: 50

Ohio: Coldstream
> Avg. household income: $371,209 (Ohio: $83,820)
> Adults with a bachelor's degree or higher: 83.6% (Ohio: 29.7%)
> Median home value: $623,000 (Ohio: $159,900)
> Population: 1,461
> No. of towns considered in ranking: 627

Oklahoma: Nichols Hills
> Avg. household income: $337,257 (Oklahoma: $78,040)
> Adults with a bachelor's degree or higher: 80.6% (Oklahoma: 26.8%)
> Median home value: $740,200 (Oklahoma: $150,800)
> Population: 3,866
> No. of towns considered in ranking: 226

Oregon: Dunthorpe
> Avg. household income: $428,601 (Oregon: $94,034)
> Adults with a bachelor's degree or higher: 79.7% (Oregon: 35.0%)
> Median home value: $1,347,400 (Oregon: $362,200)
> Population: 1,762
> No. of towns considered in ranking: 202

ALSO READ: States With the Worst Housing Shortages for Low Income Americans

Pennsylvania: Messiah College
> Avg. household income: $390,363 (Pennsylvania: $92,849)
> Adults with a bachelor's degree or higher: 90.0% (Pennsylvania: 33.1%)
> Median home value: N/A (Pennsylvania: $197,300)
> Population: 2,095
> No. of towns considered in ranking: 955

Rhode Island: Charlestown
> Avg. household income: $134,740 (Rhode Island: $97,908)
> Adults with a bachelor's degree or higher: 50.5% (Rhode Island: 35.3%)
> Median home value: $425,700 (Rhode Island: $292,600)
> Population: 1,482
> No. of towns considered in ranking: 20

South Carolina: Kiawah Island
> Avg. household income: $366,392 (South Carolina: $81,142)
> Adults with a bachelor's degree or higher: 87.4% (South Carolina: 29.8%)
> Median home value: $1,442,000 (South Carolina: $181,800)
> Population: 1,964
> No. of towns considered in ranking: 246

South Dakota: Dakota Dunes
> Avg. household income: $166,304 (South Dakota: $83,175)
> Adults with a bachelor's degree or higher: 55.6% (South Dakota: 30.0%)
> Median home value: $376,900 (South Dakota: $187,800)
> Population: 3,688
> No. of towns considered in ranking: 77

Tennessee: Belle Meade
> Avg. household income: $434,848 (Tennessee: $82,012)
> Adults with a bachelor's degree or higher: 87.0% (Tennessee: 29.0%)
> Median home value: $1,662,100 (Tennessee: $193,700)
> Population: 3,016
> No. of towns considered in ranking: 278

ALSO READ: Where America’s 25 Richest Billionaires Went to College

Texas: Hunters Creek Village
> Avg. household income: $477,852 (Texas: $94,115)
> Adults with a bachelor's degree or higher: 83.1% (Texas: 31.5%)
> Median home value: $1,846,200 (Texas: $202,600)
> Population: 4,397
> No. of towns considered in ranking: 905

Utah: East Basin
> Avg. household income: $281,879 (Utah: $101,412)
> Adults with a bachelor's degree or higher: 64.9% (Utah: 35.4%)
> Median home value: $839,500 (Utah: $339,700)
> Population: 3,310
> No. of towns considered in ranking: 137

Vermont: Woodstock
> Avg. household income: $127,822 (Vermont: $89,820)
> Adults with a bachelor's degree or higher: 68.2% (Vermont: 40.9%)
> Median home value: $480,400 (Vermont: $240,600)
> Population: 1,111
> No. of towns considered in ranking: 48

Virginia: Great Falls
> Avg. household income: $353,259 (Virginia: $111,013)
> Adults with a bachelor's degree or higher: 83.1% (Virginia: 40.3%)
> Median home value: $1,134,900 (Virginia: $295,500)
> Population: 14,690
> No. of towns considered in ranking: 333

Washington: Yarrow Point
> Avg. household income: $410,703 (Washington: $111,431)
> Adults with a bachelor's degree or higher: 86.7% (Washington: 37.3%)
> Median home value: $2,000,000+ (Washington: $397,600)
> Population: 1,365
> No. of towns considered in ranking: 345

ALSO READ: What It Costs to Retire Comfortably in Every State

West Virginia: Shenandoah Junction
> Avg. household income: $169,135 (West Virginia: $69,436)
> Adults with a bachelor's degree or higher: 12.6% (West Virginia: 21.8%)
> Median home value: $162,400 (West Virginia: $128,800)
> Population: 1,256
> No. of towns considered in ranking: 149

Wisconsin: River Hills
> Avg. household income: $283,369 (Wisconsin: $87,733)
> Adults with a bachelor's degree or higher: 76.6% (Wisconsin: 31.5%)
> Median home value: $637,900 (Wisconsin: $200,400)
> Population: 1,496
> No. of towns considered in ranking: 358

Wyoming: Hoback
> Avg. household income: $195,161 (Wyoming: $87,786)
> Adults with a bachelor's degree or higher: 39.6% (Wyoming: 28.5%)
> Median home value: $930,700 (Wyoming: $237,900)
> Population: 2,268
> No. of towns considered in ranking: 53

Methodology

To identify the richest town in every state, 24/7 Wall St. reviewed five-year data from the U.S. Census Bureau’s 2021 American Community Survey. Towns - defined for the purposes of this story as any community with populations between 1,000 and 25,000 people - are ranked on average household income.

Supplementary data on the share of the 25 and older population with a bachelor’s degree or higher, median home value, and population are also five-year estimates from the ACS.

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