The median annual household income in America is just over $60,000. While many of the highest paying jobs tend to be concentrated near large population centers, there are also smaller towns that are very prosperous. In most states, the wealthiest town has a median household income that is two or three times higher than the median across the state as a whole.
24/7 Wall St. reviewed the median annual household income in over 2,600 cities, towns, villages, and census designated places to identify the richest town in every state. We only considered areas with populations between 1,000 and 25,000. To ensure accuracy, we only considered places where the margin of error for population and median household income was less than 10%.
One characteristic these towns have in common is a high level of education among their populations. All 50 have among the highest share of adults with a bachelor’s degree in their states, and all but four exceed the U.S. bachelor’s degree attainment rate of 31.5%. A college degree can provide the holder with a much wider range of job opportunities, and the jobs themselves tend to be higher income. These are America’s most and least educated states.
It is worth noting that the data used for this story represents a time before the coronavirus pandemic. While the economies of rural areas are believed to be less exposed to these effects, the virus has adversely affected all parts of the U.S. These are the state economies most likely to be crippled by the coronavirus.
Click here to see the richest town in every state
Source: wdhackett / iStock via Getty Images
Alabama: Highland Lakes
> Median household income: $151,055 (state: $48,486)
> Poverty rate: 1.9% (state: 17.5%)
> Median home value: $441,000 (state: $137,200)
> Population: 5,500
[in-text-ad]
Source: Courtesy of Mike Juvrud via Flickr
Alaska: Gateway
> Median household income: $100,641 (state: $76,715)
> Poverty rate: 4.2% (state: 10.8%)
> Median home value: $296,500 (state: $265,200)
> Population: 7,037
Source: Focqus, LLC / Getty Images
Arizona: Paradise Valley
> Median household income: $204,145 (state: $56,213)
> Poverty rate: 5.0% (state: 16.1%)
> Median home value: $1,505,300 (state: $209,600)
> Population: 14,215
Source: Brandonrush / Wikimedia Commons
Arkansas: Centerton
> Median household income: $73,015 (state: $45,726)
> Poverty rate: 8.8% (state: 17.6%)
> Median home value: $170,700 (state: $123,300)
> Population: 13,252
[in-text-ad-2]
Source: Andrei Stanescu / iStock via Getty Images
California: Belvedere
> Median household income: $223,182 (state: $71,228)
> Poverty rate: 2.3% (state: 14.3%)
> Median home value: $2,000,000+ (state: $475,900)
> Population: 2,098
Colorado: Genesee
> Median household income: $159,226 (state: $68,811)
> Poverty rate: 5.5% (state: 10.9%)
> Median home value: $694,900 (state: $313,600)
> Population: 3,766
[in-text-ad]
Source: Kirkikis / Getty Images
Connecticut: Darien
> Median household income: $210,511 (state: $76,106)
> Poverty rate: 3.1% (state: 10.0%)
> Median home value: $1,461,100 (state: $272,700)
> Population: 21,759
24/7 Wall St.
Source: Jerrye & Roy Klotz MD / Wikimedia Commons
Delaware: North Star
> Median household income: $141,533 (state: $65,627)
> Poverty rate: 1.8% (state: 11.9%)
> Median home value: $444,400 (state: $244,700)
> Population: 7,441
Source: Ebyabe / Wikimedia Commons
Florida: Pinecrest
> Median household income: $153,417 (state: $53,267)
> Poverty rate: 5.5% (state: 14.8%)
> Median home value: $919,800 (state: $196,800)
> Population: 19,446
[in-text-ad-2]
Georgia: Avondale Estates
> Median household income: $108,299 (state: $55,679)
> Poverty rate: 2.9% (state: 16.0%)
> Median home value: $349,500 (state: $166,800)
> Population: 3,135
Source: Courtesy of Google Maps 2011
Hawaii: Ocean Pointe
> Median household income: $114,801 (state: $78,084)
> Poverty rate: 4.2% (state: 9.9%)
> Median home value: $629,800 (state: $587,700)
> Population: 14,037
[in-text-ad]
Source: Courtesy of Dalton Gardens
Idaho: Dalton Gardens
> Median household income: $71,111 (state: $53,089)
> Poverty rate: 3.6% (state: 13.8%)
> Median home value: $364,600 (state: $192,300)
> Population: 2,765
24/7 Wall St.
Source: Neva O'Laughlin / Wikimedia Commons
Illinois: Inverness
> Median household income: $180,541 (state: $63,575)
> Poverty rate: 1.2% (state: 13.1%)
> Median home value: $625,100 (state: $187,200)
> Population: 7,747
Source: Courtesy of Hidden Valley Lake Property Owners Association
Indiana: Hidden Valley
> Median household income: $106,285 (state: $54,325)
> Poverty rate: 3.7% (state: 14.1%)
> Median home value: $196,800 (state: $135,400)
> Population: 5,449
[in-text-ad-2]
Source: Courtesy of Google Maps 2012
Iowa: Robins
> Median household income: $129,081 (state: $58,580)
> Poverty rate: 0.7% (state: 11.7%)
> Median home value: $301,700 (state: $142,300)
> Population: 3,414
Source: MadameGraffigny / Wikimedia Commons
Kansas: Fairway
> Median household income: $105,000 (state: $57,422)
> Poverty rate: 2.7% (state: 12.4%)
> Median home value: $352,200 (state: $145,400)
> Population: 3,947
[in-text-ad]
Source: Kyle Hartshorn / Flickr
Kentucky: Buckner
> Median household income: $123,220 (state: $48,392)
> Poverty rate: 11.5% (state: 17.9%)
> Median home value: $328,000 (state: $135,300)
> Population: 5,465
24/7 Wall St.
Louisiana: Destrehan
> Median household income: $92,052 (state: $47,942)
> Poverty rate: 3.6% (state: 19.4%)
> Median home value: $234,500 (state: $157,800)
> Population: 10,933
Source: KenWiedemann / E+ via Getty Images
Maine: Topsham
> Median household income: $72,537 (state: $55,425)
> Poverty rate: 10.6% (state: 12.5%)
> Median home value: $218,800 (state: $184,500)
> Population: 6,103
[in-text-ad-2]
Source: Matthew Van Dyke / iStock via Getty Images
Maryland: Travilah
> Median household income: $235,669 (state: $81,868)
> Poverty rate: 1.6% (state: 9.4%)
> Median home value: $1,090,400 (state: $305,500)
> Population: 11,633
Source: Moonshine4711 / Wikimedia Commons
Massachusetts: Winchester
> Median household income: $159,536 (state: $77,378)
> Poverty rate: 2.5% (state: 10.8%)
> Median home value: $893,700 (state: $366,800)
> Population: 22,677
[in-text-ad]
Source: OlegAlbinsky / iStock Unreleased via Getty Images
Michigan: Bloomfield Hills
> Median household income: $174,750 (state: $54,938)
> Poverty rate: 2.9% (state: 15.0%)
> Median home value: $856,700 (state: $146,200)
> Population: 4,009
24/7 Wall St.
Source: uteb / iStock
Minnesota: Dellwood
> Median household income: $176,528 (state: $68,411)
> Poverty rate: 0.3% (state: 10.1%)
> Median home value: $619,000 (state: $211,800)
> Population: 1,251
Source: BOB WESTON / iStock via Getty Images
Mississippi: Brandon
> Median household income: $74,172 (state: $43,567)
> Poverty rate: 3.8% (state: 20.8%)
> Median home value: $177,900 (state: $114,500)
> Population: 23,688
[in-text-ad-2]
Source: Courtesy of Clarkson Valley
Missouri: Clarkson Valley
> Median household income: $170,952 (state: $53,560)
> Poverty rate: 1.3% (state: 14.2%)
> Median home value: $629,200 (state: $151,600)
> Population: 2,640
Source: Courtesy of Google Maps 2012
Montana: Montana City
> Median household income: $93,194 (state: $52,559)
> Poverty rate: 2.4% (state: 13.7%)
> Median home value: $331,900 (state: $219,600)
> Population: 2,796
[in-text-ad]
Source: Atomic Energy505 / Wikimedia Commons
Nebraska: Papillion
> Median household income: $80,853 (state: $59,116)
> Poverty rate: 4.1% (state: 11.6%)
> Median home value: $180,700 (state: $147,800)
> Population: 20,466
24/7 Wall St.
Source: Famartin / Wikimedia Commons
Nevada: Spring Creek
> Median household income: $97,143 (state: $57,598)
> Poverty rate: 4.0% (state: 13.7%)
> Median home value: $225,400 (state: $242,400)
> Population: 13,805
Source: DenisTangneyJr / iStock via Getty Images
New Hampshire: Hampton
> Median household income: $92,688 (state: $74,057)
> Poverty rate: 4.3% (state: 7.9%)
> Median home value: $358,300 (state: $252,800)
> Population: 9,235
[in-text-ad-2]
New Jersey: Glen Ridge
> Median household income: $213,801 (state: $79,363)
> Poverty rate: 3.9% (state: 10.4%)
> Median home value: $644,900 (state: $327,900)
> Population: 7,573
Source: benedek / iStock via Getty Images
New Mexico: Los Alamos
> Median household income: $106,288 (state: $48,059)
> Poverty rate: 6.6% (state: 20.0%)
> Median home value: $295,600 (state: $166,800)
> Population: 12,373
[in-text-ad]
Source: Daniel Case / Wikimedia Commons
New York: Greenville
> Median household income: $222,115 (state: $65,323)
> Poverty rate: 3.3% (state: 14.6%)
> Median home value: $954,400 (state: $302,200)
> Population: 7,336
Source: washuotaku / Flickr
North Carolina: Weddington
> Median household income: $132,587 (state: $52,413)
> Poverty rate: 1.7% (state: 15.4%)
> Median home value: $443,600 (state: $165,900)
> Population: 10,574
North Dakota: Horace
> Median household income: $131,354 (state: $63,473)
> Poverty rate: 1.5% (state: 10.9%)
> Median home value: $293,800 (state: $185,000)
> Population: 2,660
[in-text-ad-2]
Source: bkueppers / Getty Images
Ohio: New Albany
> Median household income: $203,194 (state: $54,533)
> Poverty rate: 2.5% (state: 14.5%)
> Median home value: $494,600 (state: $140,000)
> Population: 10,896
Source: cineman69 / Getty Images
Oklahoma: Jenks
> Median household income: $93,364 (state: $51,424)
> Poverty rate: 6.4% (state: 16.0%)
> Median home value: $205,100 (state: $130,900)
> Population: 21,793
[in-text-ad]
Source: Steve Morgan / Wikimedia Commons
Oregon: Bethany
> Median household income: $127,351 (state: $59,393)
> Poverty rate: 4.8% (state: 14.1%)
> Median home value: $509,900 (state: $287,300)
> Population: 24,396
Pennsylvania: Edgeworth
> Median household income: $161,641 (state: $59,445)
> Poverty rate: 5.8% (state: 12.8%)
> Median home value: $602,000 (state: $174,100)
> Population: 1,596
Source: https://www.flickr.com/photos/jbranca/
Rhode Island: Cumberland Hill
> Median household income: $88,199 (state: $63,296)
> Poverty rate: 5.3% (state: 13.1%)
> Median home value: $251,300 (state: $249,800)
> Population: 8,142
[in-text-ad-2]
Source: Issiah Levett / iStock via Getty Images
South Carolina: Tega Cay
> Median household income: $123,564 (state: $51,015)
> Poverty rate: 0.7% (state: 16.0%)
> Median home value: $316,500 (state: $154,800)
> Population: 9,954
Source: Jacob Boomsma / iStock via Getty Images
South Dakota: Brandon
> Median household income: $84,075 (state: $56,499)
> Poverty rate: 2.5% (state: 13.6%)
> Median home value: $206,600 (state: $159,100)
> Population: 9,867
[in-text-ad]
Source: Carol Norquist, NGC Chairman / Flickr
Tennessee: Oak Hill
> Median household income: $159,167 (state: $50,972)
> Poverty rate: 0.8% (state: 16.1%)
> Median home value: $649,000 (state: $158,600)
> Population: 4,634
Source: Drumguy8800 / Wikimedia Commons
Texas: University Park
> Median household income: $214,477 (state: $59,570)
> Poverty rate: 4.3% (state: 15.5%)
> Median home value: $1,230,200 (state: $161,700)
> Population: 24,954
Utah: Highland
> Median household income: $133,768 (state: $68,374)
> Poverty rate: 2.6% (state: 10.3%)
> Median home value: $536,100 (state: $256,700)
> Population: 18,362
[in-text-ad-2]
Vermont: Essex Junction
> Median household income: $75,439 (state: $60,076)
> Poverty rate: 6.2% (state: 11.2%)
> Median home value: $283,400 (state: $223,700)
> Population: 10,395
Source: Douglas Rissing / Getty Images
Virginia: Great Falls
> Median household income: $228,836 (state: $71,564)
> Poverty rate: 2.8% (state: 10.9%)
> Median home value: $1,133,100 (state: $264,900)
> Population: 15,394
[in-text-ad]
Source: remodaut / iStock via Getty Images
Washington: Duvall
> Median household income: $156,205 (state: $70,116)
> Poverty rate: 2.1% (state: 11.5%)
> Median home value: $452,200 (state: $311,700)
> Population: 7,811
Source: JERRYE & ROY KLOTZ M.D. / Wikimedia Commons
West Virginia: Bridgeport
> Median household income: $80,666 (state: $44,921)
> Poverty rate: 4.1% (state: 17.8%)
> Median home value: $220,100 (state: $115,000)
> Population: 8,466
Source: juliannafunk / iStock via Getty Images
Wisconsin: Whitefish Bay
> Median household income: $117,300 (state: $59,209)
> Poverty rate: 3.5% (state: 11.9%)
> Median home value: $373,200 (state: $173,600)
> Population: 14,039
[in-text-ad-2]
Source: hakkun / Wikimedia Commons
Wyoming: Rock Springs
> Median household income: $75,441 (state: $62,268)
> Poverty rate: 11.0% (state: 11.1%)
> Median home value: $217,400 (state: $213,300)
> Population: 23,633
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
