This Is the American City With the Fewest Poor People

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By Douglas A. McIntyre Published
This Is the American City With the Fewest Poor People

© OlegAlbinsky / iStock via Getty Images

The U.S. Census Bureau recently released the population of America’s 385 metro areas. As part of the data, it compared the population of these cities in 2020 with 2010. Among the data the bureau supplied for 2019 is the poverty rate of each one. This ranged from 24.3% to 5.2%.

The city with the lowest poverty level is also among the smallest on the list, and one of the few where the population dropped from 2010. Barnstable Town, Massachusetts, had a population of 213,164, which was down 1% in a decade from 215,888.

Barnstable Town covers Cape Code, just north of Martha’s Vineyard. It is probably best known as the location of Hyannis Port, the residential compound of the Kennedy family, and a place where President John F. Kennedy spent many holidays and parts of summer. It is also known for its beaches along the Atlantic Ocean.

Almost 90% of Barnstable Town residents are white. It is among the richest metros in America. At $85,042, median household income is more than 25% of the national average. At just over $410,000, the value of owner-occupied homes is 50% above the national figure.
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Among the population of people 25 years old or older, 47% have an education of bachelor’s degree or higher, about 1.4 times the U.S. figure.

Click here to see which are America’s richest cities.
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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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