Methodology:
To identify America’s richest cities, 24/7 Wall St. reviewed five-year estimates of median household income from the U.S. Census Bureau’s 2019 American Community Survey.
We used Census “place” geographies — a category that includes 29,573 incorporated legal entities and Census-designated statistical entities. We only considered the 29,319 places that had boundaries that fell within one of the 50 states or the District of Columbia.
We defined cities based on a population threshold — having more than 25,000 people — and 1,775 of the places fell within this threshold.
We ranked the cities based on median household income and used mean household income from the ACS to break ties.
Additional information on poverty, educational attainment, median home value, and population are also five-year estimates from the 2019 ACS.
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