The Richest Town in Each State
26. Gretna, Nebraska
> Town median household income: $73,715
> State median household income: $51,672
> Town population: 5,095
Located less than half an hour’s drive southwest of Omaha, the state’s largest city, Gretna is the richest town in Nebraska. Like the richest town in most states, Gretna residents were far more likely to live in their own homes than most Americans. More than three-quarters of area housing units were owned by their occupants, well above both the state national homeownership rates.
27. Elko, Nevada
> Town median household income: $72,565
> State median household income: $52,800
> Town population: 18,888
The richest towns tend to have higher educational attainment rates than the rest of the state and the country. Elko, though, is an exception. Elko’s college attainment rate of 20.3% was 2.1 percentage points lower than the state figure, and 8.5 percentage points lower than the corresponding national figure. Also, Nevada was one of only six states where the richest town had a lower homeownership rate than the national homeownership rate, at 63.9% versus 64.9%, respectively.
28. Portsmouth, New Hampshire
> Town median household income: $64,577
> State median household income: $64,916
> Town population: 21,237
The median household income in Portsmouth — New Hampshire’s richest incorporated town — was actually lower than the state’s median household income. This incongruity is due to the prevalence of unincorporated towns, which are classified as Census Designated Places (CDP) for statistical purposes. Three of the state’s six CDPs had a higher median household income than Portsmouth, enough to make the state’s median household income $339 more than the median household income in its richest incorporated town.
29. Essex Fells, New Jersey
> Town median household income: $171,681
> State median household income: $71,629
> Town population: 2,115
At a rate of 99.3%, nearly every adult in New Jersey’s richest town had at least a high school diploma. While secondary education is nearly universal, high incomes are not. The median household income in Essex Fells of $171,681 was more than $134,341 higher than the median household income in the state’s poorest town, Pleasantville. This was one of the widest such gaps among all states.
30. Bosque Farms, New Mexico
> Town median household income: $59,509
> State median household income: $44,927
> Town population: 3,905
Although Bosque Farms is the richest town in New Mexico, it lags behind the rest of the state in two socioeconomic factors. At 25.3%, the percentage of adults with at least a bachelor’s degree was half a percentage point lower than the statewide rate of 25.8%. In contrast, the richest towns in nearly every other state had far higher educational attainment rates.