Special Report

The Richest Town in Every State

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

Jenks, Oklahoma, is located just south of Tulsa, so residents have access to the many high-paying jobs in the bigger city, in sectors like health care and aerospace engineering. Oklahoma has one of the lower median household incomes among states, at $51,424. The median in Jenks is tens of thousands of dollars higher, at over $93,000. This prosperity has likely attracted many new residents to Jenks — the population grew by more than 24%, from less than 18,000 in 2013 to over 21,000 in 2018.

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

Bethany is the most affluent neighborhood in Oregon. The typical household earns $127,351 a year, more than double the $59,393 the typical Oregon household earns. The high incomes in the community are due in part to the presence of major companies. The surrounding area is home to a number of tech companies, including Intel and Tektronix and textile companies like Columbia Sportswear and Nike.

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

Edgeworth is a small borough of approximately 1,600 residents located some 12 miles up the Ohio River from downtown Pittsburgh. The median household income in Edgeworth is $161,641, making it the wealthiest municipality in Pennsylvania. By comparison, the median household income across Pennsylvania is $59,445.

Edgeworth was originally developed in the late 19th century as a haven for managers and professionals wanting to escape the pollution of industrialized Pittsburgh, and today it has some of the most expensive homes in the state. The typical home is worth $602,000, the most of any small town in Pennsylvania and more than triple the $174,1000 state median home value.

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

Cumberland Hill is a small Census-designated place of about 8,000 residents located in northern Rhode Island. The typical household in the area earns $88,199 a year, a higher median income than in every other small city or town in the state.

Incomes tend to rise with educational attainment, and not only is Cumberland Hill the wealthiest place in the state, it is also the best educated. Of all adults in the area, 38.0% have a bachelor’s degree or higher, compared to 33.3% of adults statewide.

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

Tega Cay, South Carolina, is located on a peninsula along Lake Wylie, just south of the border with North Carolina. It is a short drive from Charlotte. With a median home value of $316,500, the typical home in the town has a median value more than double the median home value across the state as a whole. South Carolina has one of the higher poverty rates among states, at 16.0%. The U.S. poverty rate is 14.1%. In Tega Cay, less than 1% of residents live below the poverty line.

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