Special Report

The Richest Town in Every State

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

Ocean Pointe is a Census-designated place on the island of Oahu within commuting distance of Honolulu. The median annual household income in Ocean Pointe is $114,801, more than in any other small city or town in Hawaii.

The town’s widespread prosperity suggests that Ocean Pointe is a desirable place to live. This is further evidenced by rapid population growth. Over the last five years, the number of people living Ocean Pointe jumped by 44.0%.

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

Idaho’s median annual household income is just over $53,000, which is lower than the majority of states. Its richest municipality, Dalton Gardens, has a median household income of just over $71,000, which is lower than that of any other municipality on this list. Dalton Gardens is north of Coeur D’alene, Idaho, and across the border from Spokane, Washington, giving its residents access to two major population centers where they can find employment. The poverty rate in Dalton Gardens is 3.6%, a fraction of Idaho’s 13.8% poverty rate.

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

Inverness is a suburb located some 33 miles northwest of downtown Chicago in Cook County. The typical Inverness household earns $180,541 a year, nearly three times the median household income of $63,575 across Illinois as a whole and the most of any small city or town in the state.

Built with one-acre plot minimums for most of its history, the Inverness housing stock is among the most expensive in the country. The typical home is worth $625,100, more than three times both the state median home value of $187,200 and the national value of $204,900.

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

Hidden Valley is a private residential community on the eastern edge of Indiana, just across the Ohio border from Cincinnati. The town is centered by Hidden Valley Lake. The median home value in Hidden Valley is $196,800, more than $60,000 higher than the median home value in Indiana as a whole.

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

Less than 1% of people in Robins, Iowa, live below the poverty line, and more than 22% of households in the town earn more than $200,000 annually. With over 55% of residents 25 and older holding at least a bachelor’s degree, Robins one of Iowa’s most highly educated towns with residents qualified for the many high-paying jobs available nearby in places like Cedar Rapids. The three largest employers in Linn County, where Robins is located, are in the aerospace, insurance, and health care fields, all of which can pay relatively high salaries.