The Richest Town In Every US State

Wealth inequality in the United States is continuing to grow. The average income of the wealthiest 0.01 percent of households grew 17 times as fast as the income of the bottom 20 percent of earners between 1979 and 2020, according to the Congressional Budget Office. In many parts of the country, annual household incomes exceed the national average by tens or hundreds of thousands of dollars. 

Generating $25.5 trillion in 2022, the United States has the largest economy in the world. Wealth accumulation at the household level is driven largely by earned income. The latest data from the U.S. Census Bureau’s American Community Survey shows that American households earn an average of about $105,800 each year. 

Education factors into earning potential. In all but nine towns on this list, over half of all adult residents have a bachelor’s degree or higher. For comparison, the bachelor’s degree attainment rate is below 35% in most states and under 50% in every state. (Here is a look at the colleges and universities with the most upward mobility.)

Using five-year estimates from the Census Bureau’s 2022 ACS, 24/7 Wall St. identified the richest town in every state. We considered all 13,797 cities, towns, villages, and unincorporated communities with available data and populations between 1,000 and 25,000, and ranked them on average household income. All supplemental data are also five-year estimates from the 2022 ACS. (Also read: America’s poorest towns in every state.)

Why This Matters

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The story of the American economy can be read in its towns, suburbs, and cities. As the industrial makeup of this country has shifted, so too have the places where the wealth is concentrated. Mining and boom towns and dilapidated major urban centers in the Rust Belt tell a story of the drying up of resources and outsourcing. The new money in California’s Silicon Valley and Utah’s Silicon Slopes are monuments to American technological innovation and venture capitalism. Suburbs of Boston, Washington, D.C. and New York City are outposts of American old money from the days of oil and railroad trusts. The United States is one of the wealthiest nations on earth, but also home to pockets of extreme income inequality. Looking at one end of the wealth spectrum can help shed light on what is going on at the other end.

Here is the richest town in every U.S. state.

Alabama: Mountain Brook

Source: Public Domain / Wikimedia Commons

• Household income (median): $267,337 (Alabama: $82,992)
• Residents with a bachelor’s degree or higher: 85.8% (Alabama: 27.2%)
• Unemployment rate (5-yr. avg.): 0.9% (Alabama: 5.1%)
• Home value (median): $803,000 (Alabama: $179,400)
• Population: 22,259

Alaska: Chena Ridge

Source: prospective56 / iStock via Getty Images

• Household income (median): $153,410 (Alaska: $110,602)
• Residents with a bachelor’s degree or higher: 49.6% (Alaska: 30.7%)
• Unemployment rate (5-yr. avg.): 6.0% (Alaska: 6.0%)
• Home value (median): $359,000 (Alaska: $318,000)
• Population: 5,321

Arizona: Paradise Valley

Source: Focqus, LLC / iStock via Getty Images

• Household income (median): $385,643 (Arizona: $98,569)
• Residents with a bachelor’s degree or higher: 73.6% (Arizona: 31.8%)
• Unemployment rate (5-yr. avg.): 2.5% (Arizona: 5.3%)
• Home value (median): $2,000,001 (Arizona: $321,400)
• Population: 12,672

Arkansas: Goshen

Source: Michael Shao / Shutterstock.com

• Household income (median): $218,407 (Arkansas: $79,592)
• Residents with a bachelor’s degree or higher: 66.4% (Arkansas: 24.7%)
• Unemployment rate (5-yr. avg.): 1.5% (Arkansas: 5.1%)
• Home value (median): $590,000 (Arkansas: $162,400)
• Population: 2,632

California: Atherton

Source: Jaskaran Kooner / iStock via Getty Images

• Household income (median): $594,651 (California: $130,718)
• Residents with a bachelor’s degree or higher: 86.0% (California: 35.9%)
• Unemployment rate (5-yr. avg.): 2.2% (California: 6.4%)
• Home value (median): $2,000,001 (California: $659,300)
• Population: 7,124

Colorado: Cherry Hills Village

Source: denverjeffrey / Flickr

• Household income (median): $486,405 (Colorado: $117,508)
• Residents with a bachelor’s degree or higher: 85.2% (Colorado: 43.7%)
• Unemployment rate (5-yr. avg.): 2.8% (Colorado: 4.5%)
• Home value (median): $2,000,001 (Colorado: $465,900)
• Population: 6,405

Connecticut: Tokeneke

Source: Jennifer Yakey-Ault / iStock via Getty Images

• Household income (median): $588,687 (Connecticut: $130,601)
• Residents with a bachelor’s degree or higher: 96.7% (Connecticut: 41.4%)
• Unemployment rate (5-yr. avg.): 5.7% (Connecticut: 5.9%)
• Home value (median): $2,000,001 (Connecticut: $323,700)
• Population: 2,575

Delaware: Greenville

Source: Robert Kirk / iStock via Getty Images

• Household income (median): $225,997 (Delaware: $104,600)
• Residents with a bachelor’s degree or higher: 81.7% (Delaware: 34.5%)
• Unemployment rate (5-yr. avg.): 3.5% (Delaware: 5.4%)
• Home value (median): $936,500 (Delaware: $305,200)
• Population: 2,824

Florida: Palm Beach

Source: MargaretW / iStock via Getty Images

• Household income (median): $365,991 (Florida: $96,992)
• Residents with a bachelor’s degree or higher: 68.5% (Florida: 32.3%)
• Unemployment rate (5-yr. avg.): 5.6% (Florida: 5.0%)
• Home value (median): $1,679,800 (Florida: $292,200)
• Population: 9,205

Georgia: Druid Hills

Source: kenlund / Flickr

• Household income (median): $212,511 (Georgia: $99,345)
• Residents with a bachelor’s degree or higher: 85.7% (Georgia: 33.6%)
• Unemployment rate (5-yr. avg.): 3.3% (Georgia: 5.2%)
• Home value (median): $744,600 (Georgia: $245,900)
• Population: 8,467

Hawaii: Poipu

Source: Agnieszka Gaul / Shutterstock

• Household income (median): $232,264 (Hawaii: $122,902)
• Residents with a bachelor’s degree or higher: 49.2% (Hawaii: 34.7%)
• Unemployment rate (5-yr. avg.): 2.3% (Hawaii: 4.7%)
• Home value (median): $1,117,300 (Hawaii: $764,800)
• Population: 1,085

Idaho: Hidden Spring

20000914 05 Hidden Springs, ID ((CC BY 2.0)) by David Wilson

• Household income (median): $200,967 (Idaho: $92,780)
• Residents with a bachelor’s degree or higher: 61.4% (Idaho: 30.2%)
• Unemployment rate (5-yr. avg.): 1.6% (Idaho: 3.7%)
• Home value (median): $667,100 (Idaho: $331,600)
• Population: 3,584

Illinois: Winnetka

Source: anarchosyn / Wikimedia Commons

• Household income (median): $458,988 (Illinois: $108,873)
• Residents with a bachelor’s degree or higher: 89.6% (Illinois: 36.7%)
• Unemployment rate (5-yr. avg.): 3.7% (Illinois: 5.9%)
• Home value (median): $1,192,600 (Illinois: $239,100)
• Population: 12,607

Indiana: Meridian Hills

Source: ONUnicorn / Wikimedia Commons

• Household income (median): $315,086 (Indiana: $88,805)
• Residents with a bachelor’s degree or higher: 78.1% (Indiana: 28.2%)
• Unemployment rate (5-yr. avg.): 3.7% (Indiana: 4.5%)
• Home value (median): $648,400 (Indiana: $183,600)
• Population: 1,745

Iowa: University Heights

Source: Wikimedia Commons / American007

• Household income (median): $177,971 (Iowa: $92,053)
• Residents with a bachelor’s degree or higher: 87.8% (Iowa: 30.3%)
• Unemployment rate (5-yr. avg.): 1.6% (Iowa: 3.8%)
• Home value (median): $379,000 (Iowa: $181,600)
• Population: 1,353

Kansas: Mission Hills

Source: Iknowthegoods / Wikimedia Commons

• Household income (median): $483,849 (Kansas: $94,263)
• Residents with a bachelor’s degree or higher: 88.1% (Kansas: 34.7%)
• Unemployment rate (5-yr. avg.): 0.5% (Kansas: 4.0%)
• Home value (median): $1,159,900 (Kansas: $189,300)
• Population: 3,567

Kentucky: Anchorage

Source: Angry Aspie / Wikimedia Commons

• Household income (median): $314,691 (Kentucky: $83,093)
• Residents with a bachelor’s degree or higher: 79.5% (Kentucky: 26.5%)
• Unemployment rate (5-yr. avg.): 6.1% (Kentucky: 5.1%)
• Home value (median): $749,000 (Kentucky: $177,000)
• Population: 2,419

Louisiana: Des Allemands

Source: Public Domain / Wikimedia Commons

• Household income (median): $168,016 (Louisiana: $83,169)
• Residents with a bachelor’s degree or higher: 10.1% (Louisiana: 26.1%)
• Unemployment rate (5-yr. avg.): 5.7% (Louisiana: 6.5%)
• Home value (median): $142,400 (Louisiana: $198,300)
• Population: 2,340

Maine: Falmouth Foreside

Source: pavdw / Flickr

• Household income (median): $241,544 (Maine: $91,599)
• Residents with a bachelor’s degree or higher: 82.2% (Maine: 34.1%)
• Unemployment rate (5-yr. avg.): 2.8% (Maine: 4.0%)
• Home value (median): $617,100 (Maine: $244,800)
• Population: 2,022

Maryland: Chevy Chase Village

Chevy Chase Village town building MD (CC BY 4.0) by G. Edward Johnson

• Household income (median): $524,519 (Maryland: $129,642)
• Residents with a bachelor’s degree or higher: 95.6% (Maryland: 42.2%)
• Unemployment rate (5-yr. avg.): 2.5% (Maryland: 5.1%)
• Home value (median): $2,000,001 (Maryland: $380,500)
• Population: 1,885

Massachusetts: Dover

Source: dougtone / Flickr

• Household income (median): $484,787 (Massachusetts: $134,568)
• Residents with a bachelor’s degree or higher: 86.3% (Massachusetts: 45.9%)
• Unemployment rate (5-yr. avg.): 13.9% (Massachusetts: 5.3%)
• Home value (median): $1,178,500 (Massachusetts: $483,900)
• Population: 2,512

Michigan: Orchard Lake Village

Source: Kesu01 / iStock via Getty Images

• Household income (median): $356,177 (Michigan: $92,835)
• Residents with a bachelor’s degree or higher: 66.2% (Michigan: 31.1%)
• Unemployment rate (5-yr. avg.): 3.6% (Michigan: 6.0%)
• Home value (median): $767,900 (Michigan: $201,100)
• Population: 2,342

Minnesota: Deephaven

Source: nikitsin / iStock via Getty Images

• Household income (median): $333,727 (Minnesota: $111,341)
• Residents with a bachelor’s degree or higher: 77.5% (Minnesota: 38.2%)
• Unemployment rate (5-yr. avg.): 1.4% (Minnesota: 4.0%)
• Home value (median): $791,700 (Minnesota: $286,800)
• Population: 3,852

Mississippi: Mantachie

Source: Patriarca12 / Wikimedia Commons

• Household income (median): $151,747 (Mississippi: $74,149)
• Residents with a bachelor’s degree or higher: 17.0% (Mississippi: 23.9%)
• Unemployment rate (5-yr. avg.): 3.2% (Mississippi: 6.4%)
• Home value (median): $126,600 (Mississippi: $151,000)
• Population: 1,803

Missouri: Ladue

Source: Westhoff / E+ via Getty Images

• Household income (median): $405,058 (Missouri: $89,952)
• Residents with a bachelor’s degree or higher: 84.9% (Missouri: 31.2%)
• Unemployment rate (5-yr. avg.): 1.3% (Missouri: 4.3%)
• Home value (median): $938,300 (Missouri: $199,400)
• Population: 8,934

Montana: Helena Valley Northeast

Sleeping Giant 2010 (CC BY-SA 3.0) by Montanabw

• Household income (median): $170,943 (Montana: $90,142)
• Residents with a bachelor’s degree or higher: 43.5% (Montana: 34.0%)
• Unemployment rate (5-yr. avg.): 1.5% (Montana: 3.9%)
• Home value (median): $460,500 (Montana: $305,700)
• Population: 4,245

Nebraska: Papillion

Papillion, Nebraska Municipal Building (CC BY-SA 3.0 DEED) by Atomic Energy505

• Household income (median): $127,561 (Nebraska: $95,547)
• Residents with a bachelor’s degree or higher: 46.0% (Nebraska: 33.5%)
• Unemployment rate (5-yr. avg.): 2.6% (Nebraska: 3.1%)
• Home value (median): $269,600 (Nebraska: $205,600)
• Population: 24,016

Nevada: Incline Village

Source: Janusz Cimoszuk / Wikimedia Commons

• Household income (median): $236,787 (Nevada: $97,955)
• Residents with a bachelor’s degree or higher: 61.9% (Nevada: 26.5%)
• Unemployment rate (5-yr. avg.): 3.5% (Nevada: 7.0%)
• Home value (median): $1,199,700 (Nevada: $373,800)
• Population: 9,163

New Hampshire: Hanover

Source: kickstand / iStock Unreleased via Getty Images

• Household income (median): $193,451 (New Hampshire: $118,118)
• Residents with a bachelor’s degree or higher: 88.5% (New Hampshire: 39.0%)
• Unemployment rate (5-yr. avg.): 4.5% (New Hampshire: 3.6%)
• Home value (median): $652,200 (New Hampshire: $337,100)
• Population: 8,234

New Jersey: Short Hills

Source: orava / iStock via Getty Images

• Household income (median): $481,717 (New Jersey: $135,170)
• Residents with a bachelor’s degree or higher: 89.3% (New Jersey: 42.3%)
• Unemployment rate (5-yr. avg.): 4.8% (New Jersey: 6.2%)
• Home value (median): $1,563,100 (New Jersey: $401,400)
• Population: 14,448

New Mexico: Las Campanas

Source: ivanastar / Getty Images

• Household income (median): $271,639 (New Mexico: $81,035)
• Residents with a bachelor’s degree or higher: 72.6% (New Mexico: 29.1%)
• Unemployment rate (5-yr. avg.): 5.4% (New Mexico: 6.1%)
• Home value (median): $1,347,400 (New Mexico: $216,000)
• Population: 1,521

New York: Brookville

Source: Public Domain / Wikimedia Commons

• Household income (median): $617,235 (New York: $120,883)
• Residents with a bachelor’s degree or higher: 79.1% (New York: 38.8%)
• Unemployment rate (5-yr. avg.): 5.7% (New York: 6.2%)
• Home value (median): $2,000,001 (New York: $384,100)
• Population: 2,988

North Carolina: Biltmore Forest

Source: blightylad-infocus / iStock Editorial via Getty Images

• Household income (median): $331,074 (North Carolina: $92,878)
• Residents with a bachelor’s degree or higher: 80.4% (North Carolina: 33.9%)
• Unemployment rate (5-yr. avg.): 2.4% (North Carolina: 5.0%)
• Home value (median): $1,174,200 (North Carolina: $234,900)
• Population: 1,700

North Dakota: Horace

Source: Andrew Filer / CC BY-SA 2.0

• Household income (median): $188,124 (North Dakota: $97,221)
• Residents with a bachelor’s degree or higher: 42.8% (North Dakota: 31.4%)
• Unemployment rate (5-yr. avg.): 0.6% (North Dakota: 2.9%)
• Home value (median): $428,300 (North Dakota: $232,500)
• Population: 3,464

Ohio: The Village of Indian Hill

Source: Greg Hume / Wikimedia Commons

• Household income (median): $399,251 (Ohio: $90,958)
• Residents with a bachelor’s degree or higher: 75.8% (Ohio: 30.4%)
• Unemployment rate (5-yr. avg.): 2.6% (Ohio: 5.0%)
• Home value (median): $1,102,600 (Ohio: $183,300)
• Population: 6,051

Oklahoma: Nichols Hills

City of Nichols Hills Town Hall (CC BY-SA 3.0) by Popsiclecrawfish

• Household income (median): $340,956 (Oklahoma: $84,402)
• Residents with a bachelor’s degree or higher: 77.2% (Oklahoma: 27.3%)
• Unemployment rate (5-yr. avg.): 0.3% (Oklahoma: 4.8%)
• Home value (median): $875,000 (Oklahoma: $170,500)
• Population: 3,854

Oregon: Dunthorpe

The Bishops Close Dunthorpe Oregon (CC BY 3.0) by Tedder

• Household income (median): $449,633 (Oregon: $103,330)
• Residents with a bachelor’s degree or higher: 80.9% (Oregon: 35.5%)
• Unemployment rate (5-yr. avg.): 1.2% (Oregon: 5.5%)
• Home value (median): $1,508,300 (Oregon: $423,100)
• Population: 1,767

Pennsylvania: Villanova

Source: Andrew McKeough / iStock via Getty Images

• Household income (median): $410,270 (Pennsylvania: $100,837)
• Residents with a bachelor’s degree or higher: 88.3% (Pennsylvania: 33.8%)
• Unemployment rate (5-yr. avg.): 5.5% (Pennsylvania: 5.4%)
• Home value (median): $876,900 (Pennsylvania: $226,200)
• Population: 8,081

Rhode Island: Charlestown

Source: davidwilson1949 / Flickr

• Household income (median): $165,663 (Rhode Island: $106,511)
• Residents with a bachelor’s degree or higher: 54.7% (Rhode Island: 36.3%)
• Unemployment rate (5-yr. avg.): 9.2% (Rhode Island: 5.8%)
• Home value (median): $496,200 (Rhode Island: $343,100)
• Population: 1,702

South Carolina: Kiawah Island

Source: KathyKafka / iStock via Getty Images

• Household income (median): $371,032 (South Carolina: $88,488)
• Residents with a bachelor’s degree or higher: 86.9% (South Carolina: 30.6%)
• Unemployment rate (5-yr. avg.): 3.8% (South Carolina: 5.1%)
• Home value (median): $1,423,900 (South Carolina: $216,200)
• Population: 2,130

South Dakota: Dakota Dunes

Source: Jim Hammer / Flickr

• Household income (median): $184,206 (South Dakota: $90,706)
• Residents with a bachelor’s degree or higher: 57.5% (South Dakota: 30.4%)
• Unemployment rate (5-yr. avg.): 0.8% (South Dakota: 3.1%)
• Home value (median): $437,200 (South Dakota: $219,500)
• Population: 3,997

Tennessee: Belle Meade

Source: csfotoimages / iStock Editorial via Getty Images

• Household income (median): $487,916 (Tennessee: $89,267)
• Residents with a bachelor’s degree or higher: 88.3% (Tennessee: 29.7%)
• Unemployment rate (5-yr. avg.): 1.0% (Tennessee: 5.0%)
• Home value (median): $2,000,001 (Tennessee: $232,100)
• Population: 2,933

Texas: Westlake

Denton County Courthouse, Dent... (CC BY 2.0) by Nicolas Henderson

• Household income (median): $543,825 (Texas: $102,197)
• Residents with a bachelor’s degree or higher: 71.7% (Texas: 32.3%)
• Unemployment rate (5-yr. avg.): 2.4% (Texas: 5.2%)
• Home value (median): $2,000,001 (Texas: $238,000)
• Population: 1,300

Utah: East Basin

Source: Sean Pavone / iStock via Getty Images

• Household income (median): $290,538 (Utah: $111,416)
• Residents with a bachelor’s degree or higher: 71.1% (Utah: 36.1%)
• Unemployment rate (5-yr. avg.): 0.3% (Utah: 3.3%)
• Home value (median): $987,000 (Utah: $408,500)
• Population: 3,646

Vermont: Woodstock

Source: jonathansloane / E+ via Getty Images

• Household income (median): $139,811 (Vermont: $97,810)
• Residents with a bachelor’s degree or higher: 66.8% (Vermont: 41.7%)
• Unemployment rate (5-yr. avg.): N/A (Vermont: 3.8%)
• Home value (median): $605,800 (Vermont: $272,400)
• Population: 1,033

Virginia: Great Falls

Source: Douglas Rissing / Getty Images

• Household income (median): $373,735 (Virginia: $120,553)
• Residents with a bachelor’s degree or higher: 84.5% (Virginia: 41.0%)
• Unemployment rate (5-yr. avg.): 3.3% (Virginia: 4.3%)
• Home value (median): $1,246,100 (Virginia: $339,800)
• Population: 14,968

Washington: Clyde Hill

King County Courthouse and King County (CC BY-SA 4.0) by Joe Mabel

• Household income (median): $483,738 (Washington: $122,880)
• Residents with a bachelor’s degree or higher: 75.3% (Washington: 38.0%)
• Unemployment rate (5-yr. avg.): 3.2% (Washington: 4.9%)
• Home value (median): $2,000,001 (Washington: $473,400)
• Population: 3,108

West Virginia: Shenandoah Junction

Source: Public Domain / Wikimedia Commons

• Household income (median): $168,972 (West Virginia: $75,575)
• Residents with a bachelor’s degree or higher: 15.7% (West Virginia: 22.7%)
• Unemployment rate (5-yr. avg.): N/A (West Virginia: 6.0%)
• Home value (median): $160,700 (West Virginia: $145,800)
• Population: 1,205

Wisconsin: River Hills

Source: Courtesy of the Village of River Hills via https://riverhillswi.com/

• Household income (median): $320,733 (Wisconsin: $94,995)
• Residents with a bachelor’s degree or higher: 77.4% (Wisconsin: 32.0%)
• Unemployment rate (5-yr. avg.): 1.4% (Wisconsin: 3.4%)
• Home value (median): $677,300 (Wisconsin: $231,400)
• Population: 1,530

Wyoming: Hoback

Source: pocheco / Flickr

• Household income (median): $234,774 (Wyoming: $94,901)
• Residents with a bachelor’s degree or higher: 43.9% (Wyoming: 29.0%)
• Unemployment rate (5-yr. avg.): 1.2% (Wyoming: 3.8%)
• Home value (median): $1,125,000 (Wyoming: $269,900)
• Population: 1,874