25 Richest Cities in America

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15. Manchester-Nashua, NH
> Median household income: $76,254
> Households earning $200,000 or more: 7.5%
> Adults with at least a bachelor’s degree: 37.3%
> March unemployment rate: 2.8%

Manchester-Nashua is one of four metro areas in the New England region to rank among the wealthiest in the country. The typical area household earns $76,254 a year, or about $18,600 more than the typical American household.

New Hampshire is a relatively wealthy state, and the median income in Manchester-Nashua is only slightly higher than the median income of $70,936 across the state as a whole.

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14. Baltimore-Columbia-Towson, MD
> Median household income: $76,788
> Households earning $200,000 or more: 9.9%
> Adults with at least a bachelor’s degree: 39.5%
> March unemployment rate: 4.6%

Maryland is the wealthiest state in the country. The typical Maryland household earns $78,945 a year, or $21,328 more than the typical American household. Even with a median annual household income of $76,788, the Baltimore metro area’s income — which is 14th highest of U.S. metro areas — falls below its home state median income.

Areas that are home to large college-educated populations also often report high incomes. In the Baltimore metro area, 39.5% of adults have a bachelor’s degree, in line with the 39.3% bachelor’s degree attainment rate across Maryland. Nationwide, 31.3% of American adults have a bachelor’s degree or higher.

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13. Fairbanks, AK
> Median household income: $77,328
> Households earning $200,000 or more: 4.3%
> Adults with at least a bachelor’s degree: 31.5%
> March unemployment rate: 6.9%

Fairbanks is the second wealthiest metro area in Alaska and the 13th wealthiest nationwide. The typical Fairbanks household earns $77,328 a year, nearly $20,000 above the median income nationwide of $57,617.

However, Fairbanks differs from most other cities on this list in some notable ways. First, the metro area has a near nation-leading 6.9% unemployment rate, well above the 4.1% U.S. jobless rate in March. Additionally, despite a high median income, relatively few area households are exceptionally wealthy. Just 4.3% of households in Fairbanks earn $200,000 or more per year compared to 6.4% of households nationwide.

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12. Santa Cruz-Watsonville, CA
> Median household income: $77,613
> Households earning $200,000 or more: 12.2%
> Adults with at least a bachelor’s degree: 40.5%
> March unemployment rate: 6.3%

The median household income of $77,613 in Santa Cruz-Watsonville is the 12th highest of any metro area in the country and the fourth highest in California. High-income areas often have a high cost of living, and Santa Cruz-Watsonville is one of the most expensive places to live in the United States. Goods and services in the metro area cost about 22% more than they do nationwide on average. High housing costs drive up the overall cost of living. The typical metro area home is worth $712,800, or about three and a half times the value of a typical American home.

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11. Trenton, NJ
> Median household income: $77,650
> Households earning $200,000 or more: 13.4%
> Adults with at least a bachelor’s degree: 42.7%
> March unemployment rate: 4.0%

The typical household in New Jersey earns $76,126 a year, or about $18,500 more than the typical American household and the third highest state median household income after only Maryland and Alaska. While the state as a whole is relatively wealthy, Trenton is the only one of the four metro areas in New Jersey to rank among the wealthiest in the country. The median household income in Trenton of $77,650 a year is about $1,500 more than the statewide median and $20,000 more than the national median.

As is the case in most high income areas, Trenton is home to a large college-educated population. Some 42.7% of adults in Trenton have a bachelor’s degree or higher, compared to 31.3% of American adults nationwide.