The median annual household income in America is just over $60,000. While many of the highest paying jobs tend to concentrate near large population centers, there are also smaller towns that are very prosperous. In most states, the wealthiest town has a median household income that is two or three times higher than the median across the state as a whole.
24/7 Wall St. reviewed the median annual household income in over 2,600 cities, towns, villages, and census designated places to identify the richest town in every state. We only considered areas with populations between 1,000 and 25,000. To ensure accuracy, we only considered places where the margin of error for population and median household income was less than 10%.
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.
| State | Richest Town | Median Household Income | Poverty Rate | Median Home Value | Population |
|---|---|---|---|---|---|
| Alabama | Highland Lakes | $151,055 | 1.9% | $441,000 | 5,500 |
| Alaska | Gateway | $100,641 | 4.2% | $296,500 | 7,037 |
| Arizona | Paradise Valley | $204,145 | 5.0% | $1,505,300 | 14,215 |
| Arkansas | Centerton | $73,015 | 8.8% | $170,700 | 13,252 |
| California | Belvedere | $223,182 | 2.3% | 2,000,000+ | 2,098 |
| Colorado | Genesee | $159,226 | 5.5% | $694,900 | 3,766 |
| Connecticut | Darien | $210,511 | 3.1% | $1,461,100 | 21,759 |
| Delaware | North Star | $141,533 | 1.8% | $444,400 | 7,441 |
| Florida | Pinecrest | $153,417 | 5.5% | $919,800 | 19,446 |
| Georgia | Avondale Estates | $108,299 | 2.9% | $349,500 | 3,135 |
| Hawaii | Ocean Pointe | $114,801 | 4.2% | $629,800 | 14,037 |
| Idaho | Dalton Gardens | $71,111 | 3.6% | $364,600 | 2,765 |
| Illinois | Inverness | $180,541 | 1.2% | $625,100 | 7,747 |
| Indiana | Hidden Valley | $106,285 | 3.7% | $196,800 | 5,449 |
| Iowa | Robins | $129,081 | 0.7% | $301,700 | 3,414 |
| Kansas | Fairway | $105,000 | 2.7% | $352,200 | 3,947 |
| Kentucky | Buckner | $123,220 | 11.5% | $328,000 | 5,465 |
| Louisiana | Destrehan | $92,052 | 3.6% | $234,500 | 10,933 |
| Maine | Topsham | $72,537 | 10.6% | $218,800 | 6,103 |
| Maryland | Travilah | $235,669 | 1.6% | $1,090,400 | 11,633 |
| Massachusetts | Winchester | $159,536 | 2.5% | $893,700 | 22,677 |
| Michigan | Bloomfield Hills | $174,750 | 2.9% | $856,700 | 4,009 |
| Minnesota | Dellwood | $176,528 | 0.3% | $619,000 | 1,251 |
| Mississippi | Brandon | $74,172 | 3.8% | $177,900 | 23,688 |
| Missouri | Clarkson Valley | $170,952 | 1.3% | $629,200 | 2,640 |
| Montana | Montana City | $93,194 | 2.4% | $331,900 | 2,796 |
| Nebraska | Papillion | $80,853 | 4.1% | $180,700 | 20,466 |
| Nevada | Spring Creek | $97,143 | 4.0% | $225,400 | 13,805 |
| New Hampshire | Hampton | $92,688 | 4.3% | $358,300 | 9,235 |
| New Jersey | Glen Ridge | $213,801 | 3.9% | $644,900 | 7,573 |
| New Mexico | Los Alamos | $106,288 | 6.6% | $295,600 | 12,373 |
| New York | Greenville | $222,115 | 3.3% | $954,400 | 7,336 |
| North Carolina | Weddington | $132,587 | 1.7% | $443,600 | 10,574 |
| North Dakota | Horace | $131,354 | 1.5% | $293,800 | 2,660 |
| Ohio | New Albany | $203,194 | 2.5% | $494,600 | 10,896 |
| Oklahoma | Jenks | $93,364 | 6.4% | $205,100 | 21,793 |
| Oregon | Bethany | $127,351 | 4.8% | $509,900 | 24,396 |
| Pennsylvania | Edgeworth | $161,641 | 5.8% | $602,000 | 1,596 |
| Rhode Island | Cumberland Hill | $88,199 | 5.3% | $251,300 | 8,142 |
| South Carolina | Tega Cay | $123,564 | 0.7% | $316,500 | 9,954 |
| South Dakota | Brandon | $84,075 | 2.5% | $206,600 | 9,867 |
| Tennessee | Oak Hill | $159,167 | 0.8% | $649,000 | 4,634 |
| Texas | University Park | $214,477 | 4.3% | $1,230,200 | 24,954 |
| Utah | Highland | $133,768 | 2.6% | $536,100 | 18,362 |
| Vermont | Essex Junction | $75,439 | 6.2% | $283,400 | 10,395 |
| Virginia | Great Falls | $228,836 | 2.8% | $1,133,100 | 15,394 |
| Washington | Duvall | $156,205 | 2.1% | $452,200 | 7,811 |
| West Virginia | Bridgeport | $80,666 | 4.1% | $220,100 | 8,466 |
| Wisconsin | Whitefish Bay | $117,300 | 3.5% | $373,200 | 14,039 |
| Wyoming | Rock Springs | $75,441 | 11.0% | $217,400 | 23,633 |
Sponsored: Want to Retire Early? Here’s a Great First Step
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.