Special Report

The Richest Town in Every State

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

Initially a mining camp in the 19th century, Montana City has since developed into a wealthy suburb of approximately 2,800 residents. The typical Montana City household earns $93,194 a year, the most of any small city or town in Montana and far more than the $52,559 state median household income.

Montana City is also home to some of the most expensive homes in the state. The typical home in Montana City is worth $331,900, the most of any city with a population between 1,000 and 25,000 in Montana and far more than the $219,600 state median.

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

A wealthy suburb of the Omaha metro area, Papillion has grown from approximately 1,000 residents in 1950 to more than 20,000 today. The typical household in Papillion earns $80,853 a year, the most of any small city or town in Nebraska and far more than the state median household income of $59,116.

The typical home in Papillion is worth $180,700, far more than the $151,100 median home value in neighboring Omaha and the $147,800 state median.

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

Spring Creek is a small suburb of approximately 14,000 residents in Elko County in northeast Nevada. The typical household in Spring Creek earns $97,143 a year, far more than both the state median household income of $57,598 and the national median of $60,293. Top employers in Elko County include the Elko County School District and West Wendover Casinos.

While incomes and home values often correlate, housing in Spring Creek is more affordable than in much of Nevada. The typical Spring Creek home is worth $225,400, less than the $242,400 state median home value.

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

Hampton is a small seaside Census-designated place of approximately 9,000 residents in Rockingham County. The typical Hampton household earns $92,688 a year, the most of any small town in New Hampshire and far more than the $74,057 state median household income.

A popular New England vacation destination, Hampton is home to some of the most expensive houses in New Hampshire. The typical home in Hampton is worth $358,300, far more than both the state median home value of $252,800 and the $204,900 national figure.

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

One of the wealthiest states in the country, New Jersey has a median household income of $79,363, about $29,000 more than the national median. In Glen Ridge, New Jersey, about 15 miles west of Manhattan, the typical household earns $213,801 a year, more than in any other small city or town in the state, and among the most anywhere nationwide.

The high incomes in Glen Ridge are evident by real estate values. The typical area home is worth about $645,000, nearly double the value of the typical New Jersey home.