US Places by Highest Average Family Income, 2019

[dimondpark]

The Census Bureau released it's 5-year estimates last week, which means all places regardless of population, so I always look to that data for average incomes for small towns because those are usually the wealthiest but are not in the 1-year release. Anyhow, here are the places that I found so far...

I chose to use average(mean) data vs median because median income data is capped at $249,999-after that it says "$250,000+", which doesnt work for me.

1. Nicasio has to be a fluke of some kind. It's a teeny tiny town in Marin and is usually not anywhere near this high--maybe George Lucas moved there? Who knows, in any event, it tops all places in the United States as far as Average Family Income for 2019.

Usually, rankings on this topic such as the one by Bloomberg includes only places with at least 5,000 population, but I am a geek and want to see all areas.

I bolded and colored red places that are $500,000+

Places by Average Family Income, $400,000+
Average Family Income/Place/(Population)/Metro Area
$819,111 Nicasio, CA(106)San Francisco
$812,107 Indian Creek, FL(86)-Miami
$697,702 Jupiter Island, FL(803)-Miami
$561,679 Chevy Chase Village, MD(1,953)-Washington DC
$546,534 Atherton, CA(7,168)-San Francisco
$544,072 Gulf Stream, FL(1,053)-Miami
$514,935 Sands Point, NY(2,897)-New York
$511,550 Belvedere, CA(2,134)-San Francisco
$495,565 Scarsdale, NY(17,863)-New York
$492,945 Southside Place, TX(1,881)-Houston
$484,452 Westlake, TX(1,558)-Dallas
$477,225 Rolling Hills, CA(1,867)-Los Angeles
$475,355 Hunters Creek Village, TX(4,881)-Houston
$471,560 Los Altos Hills, CA(8,505)-San Jose
$467,901 Brookville, NY(3,602)-New York
$461,926 Woodside, CA(5,542)-San Francisco
$459,887 Hillsborough, CA(11,447)-San Francisco
$458,339 Hunting Valley, OH(719)-Cleveland
$458,060 Rockleigh, NJ(533)-New York
$453,899 Mission Hills, KS(3,576)-Kansas City
$452,375 Centre Island, NY(410)-New York
$451,418 Old Field, NY(908)-New York
$450,103 Highland Park, TX(9,188)-Dallas
$446,653 Chevy Chase, MD( 2,824)-Washington DC
$446,288 Glencoe, IL(8,861)-Chicago
$448,232 Crows Nest, IN(76)-Indianapolis
$445,066 Bronxville, NY(6,440)-New York
$444,907 Somerset, MD(1,280)-Washington DC
$442,292 Barton Creek, TX(2,928)-Austin
$441,702 Chenequa, WI(599)-Milwaukee
$438,795 Monte Sereno, CA(3,479)-San Jose
$436,561 Cherry Hills Village, CO(6,650)-Denver
$436,378 Brookmont, MD(3,633)-Washington DC
$430,823 Cove Neck, NY(301)-New York
$426,055 Manalapan, FL(303)-Miami
$425,421 Hidden Hills, CA(1,898)-Los Angeles
$425,213 Belle Meade, TN(2,881)-Nashville
$424,801 Plandome, NY(1,471)-New York
$423,969 Yarrow Point, WA(1,447)-Seattle
$423,514 Ladera, CA(1,607)-San Francisco
$422,344 Short Hills, NJ(13,134)-New York
$420,646 Lloyd Harbor, NY(3,669)-New York
$418,619 Woodland, MN(481)-Minneapolis
$418,401 Hunts Point, WA(437)-Seattle
$417,342 Darien, CT(21,753)-New York
$417,048 Mill Creek, NY(997)-New York
$415,691 Palm Beach, FL( 8,723)-Miami
$414,338 Roslyn Estates, NY(1,235)-New York
$413,004 Winnetka, IL(12,385)-Chicago
$411,479 Piney Point Village, TX(3,441)-Houston
$410,317 Laurel Hollow, NY(2,028)-New York
$409,733 Asharoken, NY(645)-New York
$409,161 Sunfish Lake, MN (545)-Minneapolis
$408,135 Munsey Park, NY(2,716)-New York
$406,229 Old Brookville, NY(2,192)-New York
$406,224 Larchmont, NY(6,069)-New York
$404,244 Huntleigh, MO(393)-St Louis
$401,312 Martin's Addition, MD(996)-Washington, DC

Source: US Census Bureau, 5-year data release

[Crawford]

Interesting data, thanks. Though some of these communities are so tiny that one or two super-wealthy households are gonna skew the data.

To me, the most impressive ones are the larger towns, with significant population and likely a diversity of housing types, including mandated affordable housing. The Silicon Valley towns, Scarsdale NY, Darien CT and the like.

Scarsdale actually has a ton of apartment buildings near the train station, and they're pretty middle income. I bet you the SFHs have much higher medians and means.

[Steely Dan]

For chicagoland, I'm quite surprised that glencoe and winnetka made this list, but nearby kenilworth did not.

For like my entire life, kenilworth has always been referenced as the most expensive, most exclusive municipality in the state of illinois, possibly even in the entire midwest.

Granted, kenilworth only has around 2,500 people, but that's still far larger than some of the other extremely tiny towns on this list.

I wonder what happened to it?

[Yuri]

This Mission Hills place, in Kansas City metro, very impressive. A rather high population (3,600) and it seems to be an inner suburb, not those "in the middle of the forest exurb" where millionaires like to hide.

[Yuri]

This Mission Hills place, in Kansas City metro, very impressive. A rather high population (3,600) and it seems to be an inner suburb, not those "in the middle of the forest exurb" where millionaires like to hide.

[Docere]

Places with population of 5,000+

Atherton CA $546,534
Scarsdale NY $495,565
Los Altos Hills CA $471,560
Woodside CA $461,926
Hillsborough CA $459,887
Highland Park TX $450,103
Glencoe IL $446,208
Bronxville NY $445,066
Cherry Hills Village CO $436,061
Short Hills NJ $422,344
Darien CT $417,342
Palm Beach FL $415,691
Winnetka IL $413,004
Larchmont NY $406,224

[Docere]

The various Chevy Chases likely top $400K as well.

[BG918]

Originally Posted by yuriandrade

This Mission Hills place, in Kansas City metro, very impressive. A rather high population (3,600) and it seems to be an inner suburb, not those "in the middle of the forest exurb" where millionaires like to hide.

Mission Hills is on the Kansas side but the adjacent neighborhoods on the Missouri side are some of the most expensive in KC. Until you get to Troost Ave then the neighborhood goes downhill quick. This whole area is south-southwest of the Plaza.

[JMKeynes]

NY and SF dominate the list as usual.

I suspect that most of the income in these towns (and in hyper rich parts of Manhattan and SF) is even reported here since rich peoples' income isn't from traditional "income" per se, but from capital gains, etc.

[Crawford]

That would be reported income, though. I assume this is reporting 1040 income, which includes capital gains. And yeah, older folks, especially, might have a high proportion of income as capital gains rather than salary.

[iheartthed]

Originally Posted by Crawford

That would be reported income, though. I assume this is reporting 1040 income, which includes capital gains. And yeah, older folks, especially, might have a high proportion of income as capital gains rather than salary.

Tech employees as well.

[JMKeynes]

Originally Posted by Crawford

That would be reported income, though. I assume this is reporting 1040 income, which includes capital gains. And yeah, older folks, especially, might have a high proportion of income as capital gains rather than salary.

I assumed that this reflected just income from wages. These figures seem pretty low if they reflect more than mere wages.

[pip]

Indian Creek Village has a population of 86 people

[Steely Dan]

* political posts deleted *

Remember folks, political shit belongs in the CE toilet.

[MolsonExport]

Originally Posted by Docere

The various Chevy Chases likely top $400K as well.

[ocman]

Atherton has a 1-acre minimum if you want to buy property in their neighborhood.