Special Report
Richest Town in Every State
June 18, 2020 5:30 pm
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
A suburb of Kansas City, Fairway, like many small cities and towns on this list, is well within commuting distance of employment opportunities in a major city. Many of those jobs in and around Fairway are high paying, as most households in the area earn over $100,000 a year, and more than one in five households earn $200,000 or more.
As is often the case in wealthy communities, Fairway has high real estate values. Of all small cities and towns in Kansas, Fairway is the only one where most homes are worth more than $300,000. The typical home in Fairway is worth $352,000.
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
Buckner is a Census-designated place located about 20 miles northeast of Louisville. With a median income of $123,220, Buckner is the wealthiest place in Kentucky. More than one in every five households in the area earn over $200,000 a year. A far higher than average share of workers in Buckner work as health diagnosing and treating practitioners, which are generally high paying jobs.
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
Destrehan is a Census-designated place with 11,000 residents, located about 20 miles west of downtown New Orleans. The wealthiest town in the state, Destrehan’s median household income of $92,052 is nearly double the median income across Louisiana of $47,942. High paying jobs typically require a college degree, and Detrehan residents are far more likely than the typical Louisiana resident to have a college education. Some 39.0% of adults have a bachelor’s degree or higher, well above the comparable 23.7% share of adults across the state as a whole.
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
Topsham is a Census-designated place of approximately 6,100 residents located about 25 miles north of Portland, Maine. The typical Topsham household earns $72,537 a year, the most of any small city or town in the state and more than the statewide median household income of $55,425.
One of the primary determinants of income is education. In Topsham, 44.9% of adults have a bachelor’s degree, one of the larger shares of any small city or town in Maine and far more than the state bachelor’s degree attainment rate of 30.9%.
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
Travilah is a wealthy suburb situated some 15 miles up the Potomac River from downtown Washington D.C. With a median household income of $235,669 a year, Travilah is the wealthiest place with a population between 1,000 and 25,000 in both Maryland and the United States.
With roots dating back to the early 1800s, Travilah is home to a large number of historic homes with large tracts of land, and it has some of the most expensive houses in the country. The typical Travilah home is worth $1.1 million, more than three times the $305,500 state median home value and more than five times the $204,900 national figure.
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