Melia Robinson/Business Insider
A home in Atherton, California, an enclave for tech moguls and the richest tiny town in the United States.
- GoBankingRates just released their annual list of the richest towns in the US.
- Some towns report costs of living much higher than the US average. Clyde Hill, a town outside of Seattle, Washington, has a cost of living that is 318% higher than the national average, according to Best Places.
- The towns on this list also typically have high median incomes and high home values in addition to a lower unemployment rate than the latest national average of 3.6%. Merton, a town west of Milwaukee, Wisconsin, has an unemployment rate of just 2.6%.
- The richest tiny town in the entire country, Atherton, is in northern California and is home to high income tech executives and million-dollar mansions.
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GoBankingRates just released their annual round-up of the richest small towns in every US State.
To determine the richest small towns, GoBankingRates analyzed income data from the US Census Bureau, specifically focusing on locations with 500 to 15,000 households.
The towns featured typically have median incomes well over $100,000, high home values, lower unemployment rates than the latest US average of 3.6%, and in turn, higher costs of living.
For example, Clyde Hill, a town outside of Seattle Washington, has a cost of living that is 318% higher than the national average. However, that's far from the highest figure on this list; the wealthiest tiny town in the entire country (Atherton, California) has a cost of living that is a whopping 813.5% higher than the national average.
Keep reading to find out the richest enclaves in each US state, listed in alphabetical order by state.
All population, median income, and median home value data is sourced from the US Census Bureau and is the latest available data at the time of publication.
