Richest town in each US state

[Svnla]

Never heard most of these places before.


http://finance.yahoo.com/news/most-affluent-town-in-every-state-163428020.html

 

[PenguinPower]

Ah, fuck Belle Meade...their police suck, and they're nothing more than a neighborhood in terms of size. They actually make a point to pull you over when you go 31 in the perpetual 30mph limit and tell you that they pulled you over for doing 1mph over.

Hell, it wouldn't even be a city if it wasn't populated by the super rich. It's only about 3 miles in area.

 

[Jumpem]

The bottom half of the states range from $77k to $135k. That's affluent?

 

[rednas]

The bottom half of the states range from $77k to $135k. That's affluent?

because of the low cost of living people making that income in those states are doing quite well for themselves.

 

[rednas]

I live just a few miles away from the wealthiest town in Texas. I was expecting it would be somewhere else.

 

[WhoBeDaPlaya]

I thought Frisco would be in the running.

 

[phucheneh]

Ah, fuck Belle Meade...their police suck, and they're nothing more than a neighborhood in terms of size. They actually make a point to pull you over when you go 31 in the perpetual 30mph limit and tell you that they pulled you over for doing 1mph over.

Hell, it wouldn't even be a city if it wasn't populated by the super rich. It's only about 3 miles in area.

I was assuming I would see Brentwood or Franklin on there. Still not towns. Franklin desperately wants to be, but it's still just functionally an outlying suburb of Nashville. That happens to have their own good ol' boy dickhole police force.

Belle Meade, though? Lulz. That's more like a subdivision.

I'm guessing most of that map is similar...just small exclusive 'communities' that are not much more than a clump of really big houses.

 

[Crono]

Median income means these are generally places where well-off people are living near other well-off people. The rich and super rich may not always be in large communities of other rich people, especially the ones who can afford state park-sized properties.

So at the least these towns are likely to have more affluent residents and less abject poor than other places, though I'm sure there are neighborhoods and areas in cities where you can find millionaires and billionaires who are far richer. In large cities, especially, there isn't a huge geographical distance separating the rich and poor like there can be in the suburbs or rural areas.

If you look at the map, it's the less densely populated - but not necessarily poorer - states with lower median invoked in their "richest" towns.

 

[TastesLikeChicken]

The bottom half of the states range from $77k to $135k. That's affluent?

Are we looking at the same map? In the bottom half I see:

Piney Pointe Village, TX - $233k
Hidden Hills, CA - $250k
Belle Meade, TN - $213k

Don't see any 77k place either in the lower half. In fact, of the lowest ranked 10 states on the list, 7 of them are on the upper half of the states.

 

[RaistlinZ]

What's interesting is so many richest towns are right on the border line to the next state. Why is that?

 

[purbeast0]

came into this thread expecting chevy chase, md, was not disappointed.

i'm in the same county and about 10 minutes from there, but not a chance i could afford it. it's basically the border between md and northwest dc (the rich/nice part of dc), and it's right by the beltway that takes you to va and that goes around dc as well.

our friends bought a house there about 3 years ago, and told me that they bought the house because they dropped the price by $190k. the sale price was $800k. they are a couple who were about 28 and 29 at the time they purchased the house. no clue how they afforded it. my wife is best friends with the woman and the only conclusion she has come to is that her husband had to have a huge inheritance of some sort.

 

[purbeast0]

Median income means these are generally places where well-off people are living near other well-off people. The rich and super rich may not always be in large communities of other rich people, especially the ones who can afford state park-sized properties.

So at the least these towns are likely to have more affluent residents and less abject poor than other places, though I'm sure there are neighborhoods and areas in cities where you can find millionaires and billionaires who are far richer. In large cities, especially, there isn't a huge geographical distance separating the rich and poor like there can be in the suburbs or rural areas.

If you look at the map, it's the less densely populated - but not necessarily poorer - states with lower median invoked in their "richest" towns.

and this i can agree with as well.

potomac, md is where i would say the "richest" people in md live. it is where the congressional country club is located (anyone familiar with PGA should know what this is). i drive down the road that it's on (river road) almost every weekend when i go fishing, and there are multi million dollar homes sitting on the road, into the 10+ million range, but as you mention, the lots are HUGE.

and my buddy who grew up around there drove me through the neighborhood that michael jordan lives in and showed me his home. it's just a ridiculous area as far as wealth goes. but it's not nearly as big as chevy chase md, and not nearly as dense, so i can see why it wasn't the #1 for the state.

EDIT:

these are the kinda houses on the road...

https://www.redfin.com/MD/Potomac/9005-Durham-Dr-20854/home/49782609

 

[Shlong]

Berkeley Lake is around 5 minutes from where I live. I don't get the impression that it's the most affluent town.

 

[postmortemIA]

The bottom half of the states range from $77k to $135k. That's affluent?

You understand that $75K somewhere can be better than $135K elsewhere? With low cost housing and low property/local taxes, you still get to be in low enough tax bracket to not pay much for federal taxes, and plus you are eligible for many tax breaks that are gone after $110K or so in income.
With $75K income you can afford $250K house, which is usually great home in low cost cities, and on $135K income you can't afford $1M house which is average home in high cost areas.

 

[Rage187]

What's interesting is so many richest towns are right on the border line to the next state. Why is that?

States are divided by natural environmental borders. Mountains, bodies of water, things you would like to live near and see. That creates demand which causes the prices to go up and only rich people can live there.

 

[Carson Dyle]

Pretty much every one of them is just an affluent suburb of a major city. Nobody could possibly know every little suburb of every city in the US, which is why so many of the names are foreign.

 

[JMapleton]

Misleading. These are the most affluent incorporated communities, which aren't always the wealthiest or nicest areas. Sometimes they're just the only communities without apartment complexes or middle class neighborhoods. My state's "most affluent" is anything but affluent. Most of the nicest parts of my city are within the city limits.

 

[PenguinPower]

I was assuming I would see Brentwood or Franklin on there. Still not towns. Franklin desperately wants to be, but it's still just functionally an outlying suburb of Nashville. That happens to have their own good ol' boy dickhole police force.

Belle Meade, though? Lulz. That's more like a subdivision.

I'm guessing most of that map is similar...just small exclusive 'communities' that are not much more than a clump of really big houses.

Going to have to disagree with you there. Brentwood and Franklin have populations of 40k and 70k respectively. They are most definitely towns. Not sure how you wouldn't consider them to be.

Brentwood is one of the most affluent cities in America relative to cost of living, for sure.

 

[Jumpem]

Are we looking at the same map? In the bottom half I see:

Piney Pointe Village, TX - $233k
Hidden Hills, CA - $250k
Belle Meade, TN - $213k

Don't see any 77k place either in the lower half. In fact, of the lowest ranked 10 states on the list, 7 of them are on the upper half of the states.

See the right column, for the bottom half of the states.

 

[Jumpem]

You understand that $75K somewhere can be better than $135K elsewhere? With low cost housing and low property/local taxes, you still get to be in low enough tax bracket to not pay much for federal taxes, and plus you are eligible for many tax breaks that are gone after $110K or so in income.
With $75K income you can afford $250K house, which is usually great home in low cost cities, and on $135K income you can't afford $1M house which is average home in high cost areas.

I wouldn't buy a $250k house on a $135k income. Housing is cheap here in central NY. Property taxes are high at 3-4% though.

 

[T9D]

I was like, Bethany Oregon?

Right next to the crap hole Hillsboro. Then I looked and see that pretty much the entire town is brand new houses, packed tight together. So pretty much the entire town bought their houses at once and are all still working, no run down areas and no older retired or any low income. Smaller town probably has little or no social welfare support or residents.

I'd say Lake Oswego is the most Affluent (I used to live there). But there are a lot of Condo's that probably lower the price and a lot of older people that have lived there for decades that are retired and their houses are now worth millions, but they don't have a super high income.

 

[Dari]

I wouldn't mind having a place in Vermont. I love that state.

 

[Mai72]

I'm surprised Avalon, NJ wasn't in the list. I live 10 minutes from the area. In Avalon they have million dollar mansions lined up on the beach and bay.

The sick thing is these homes are mostly for the summer. These people have 2-3 homes.

 

[MetalMat]

Bayou Country Club, LA

Well that a pretty obvious rich city name lol

 

[KK]

Berkeley Lake is around 5 minutes from where I live. I don't get the impression that it's the most affluent town.

It doesn't even appear like its much of a town at all. like the other poster said above for another place, its more like a subdivision.