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Economy
Madison Hoff
Updated
2023-06-06T18:56:06Z
- There are some places in the US where the average household income is over half a million dollars.
- In Country Life Acres village in Missouri, the average was $617,688 based on data covering 2017 to 2021.
- Insider looked at the 20 places with available data that had the highest household incomes.
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Country Life Acres, a village in Missouri, is the most affluent place in the US.
That's based on five years of data from the Census Bureau's American Community Survey covering 2017 to 2021. Insider looked at mean household income data for places, including everything from tiny unincorporated villages to the nation's largest cities, throughout the country.
Some places with available data had far higher household incomes than other US places. In Country Life Acres, there were 34 households based on the five-year data. The average household income was $617,688. This figure is $432,430 when looking at the average for just those with earnings.
The 20 most affluent places, based on places with available data, all had household incomes above $485,000. Four of the top 20 are places in New York, including Brookville village. With 733 households, the average household income in Brookville was $617,173. For households with earnings, the average was $561,681 in this New York location.
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The following are the 20 most affluent places in the US based on places with estimates from the American Community Survey.
Story was originally published in February 2023.
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20. Glenview, Kentucky
Average household income: $486,494
Glenview is next to the Ohio River and close to Indiana with a relatively small population. According to the American Community Survey covering 2017 to 2021, there were 546 people in this city. According to Yelp, some top things to do around this area include heading to the Kentucky Derby Museum or going to the Louisville Mega Cavern.
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19. Martin's Additions, Maryland
Average household income: $487,510
Martin's Additions was home to 1,045 people per the five-year American Community Survey. The Washington Post wrote about this place in Chevy Chase not too long ago in 2020, reporting that there's "a mix" of different kinds of homes.According to Google Maps, it's only a short drive to the Smithsonian National Zoological Park and American University.
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18. Chevy Chase Village, Maryland
Average household income: $489,515
Chevy Chase Village is another Maryland place that ranked toward the top of the list. With a population of 1,858 based on data covering five years, the place has a few different parks and isn't too far away from Arlington, Virginia. Its website notes that it has "walking-distance access" to multiple things including restaurants and transportation.
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17. Crystal Bay, Nevada
Average household income: $495,617
About an hour away from Reno, Nevada, per Google Maps, this small Census designated place had a population of 215. The small location, in terms of population and number of households, is by Lake Tahoe and less than a 10-minute drive from Burnt Cedar Beach and just over a 15-minute drive to Sand Harbor Beach in Nevada.
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16. Gulf Stream, Florida
Average household income: $496,308
Gulf Stream, a town on the edge of Florida, had a population of 893 based on five years of data from 2017 to 2021. Its located toward the bottom of the state and isn't too far from Fort Lauderdale or Miami.
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15. Crisman, Colorado
Average household income: $502,857
The Census designated place with 163 people in Boulder County ranks highly in multiple areas per Niche. While its overall Niche grade is an A, public schools as well as health and fitness surpass that with an A plus. Housing and jobs in this place were also rated well with a score of A minus and A respectively.
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14. Hillsborough, California
Average household income: $510,494
With a population of 11,390, Hillsborough is not too far from the San Francisco Bay and is also over half an hour, potentially about an hour, drive from San Jose per Google Maps. According to its website, the town is home to the Carolands, part of the National Register of Historic Places.
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12. Round Top, Texas
Average household income: $517,127
Round Top, a town in Texas, was home to 120 people based on five years of data from 2017 to 2021. It's about an hour and a half drive from there to Austin, Texas, per Google Maps. One thing to do in this Texas location includes going to its antiques show.
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11. Hewlett Bay Park, New York
Average household income: $530,468
Hewlett Bay Park, a village in New York, had a population of 322 and is about a 20-minute to about a half an hour drive to Long Beach, New York. Its website states that "each parcel of land is on at least 1 acre, which gives the community it's countryside like aesthetic." This New York location ranks highly on Niche with an overall score of an A plus. The location also received an A plus for public schools, being "good for families," and health and fitness.
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10. Atherton, California
Average household income: $539,944
Home to 7,181 people based on five years of data, this town in California is near Stanford University and a half an hour drive to Purisima Creek Redwoods Open Space Preserve per Google Maps. This town in San Mateo County ranked as the ninth top place to live in the county per Niche where multiple areas like outdoor activities and commute score highly on the site.
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9. Hawleyville, Connecticut
Average household income: $547,580
Hawleyville, Connecticut had a population of 131 people. This Census designated place is not too far away from New York and about an hour drive from New Haven per Google Maps. The location is small — with 30 households with an average size of 4.13.
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8. Crows Nest, Indiana
Average household income: $549,419
Crows Nest, a town in Indiana, had 75 people and 26 households, according to Census Bureau data. It's near the Indiana State Fairgrounds & Event Center as well as The Children's Museum of Indianapolis.
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7. Fisher Island, Florida
Average household income: $550,855
This Census designated place in Florida had a population of 484. As Insider's former correspondent Tanza Loudenback previously wrote, this "man-made island sitting pretty off the coast of Miami Beach is reachable only by boat — most often yacht." According to the website for Fisher Island Club, the club is "South Florida's most exclusive golf and private club."
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6. Hunts Point, Washington
Average household income: $597,130
Hunts Point, a town in Washington, had 324 people living there per data from 2017 to 2021. This Washington location is next to Fairweather Bay and Cozy Cove. It is also by the Wetherill Nature Preserve which has different trails. Hunts Point's website states that "its bucolic feel and proximity to Seattle and the Eastside help make it a highly desirable place to live."
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5. Tuxedo Park, New York
Average household income: $597,528
Tuxedo Park, a village in New York, is not too far away from Mount Peter Ski Area in Warwick, New York — about a half an hour drive away per Google Maps. It's also by Dater Mountain Nature Park but also has a few parks with various amenities. This place had a population of 651, 360 households, and an average household size of 1.81based on Census Bureau data.
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4. Redfield, Texas
Average household income: $600,792
Redfield was home to 117 people based on five years of Census Bureau data and where the average household size was 1.95. This small Census designated place is somewhat close to a few national forests, such as Angelina National Forest.
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3. Tokeneke, Connecticut
Average household income: $611,239
Tokeneke had an average household size of 3.25 per Census Bureau data covering 2017 to 2021. With 816 households and 2,656 people, the Census designated place in Connecticut is located by the bottom of the state.
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2. Brookville, New York
Average household income: $617,173
Brookville, a village in New York, had a population of 2,937 and an average household size of 2.66 per Census Bureau data. It ranked No. 28 in the state on Niche for "Best Places to Raise a Family." Overall, it had a high score on Niche of an A plus given not only its family score but also for things like its public schools, jobs, and outdoor activities.
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1. Country Life Acres, Missouri
Average household income: $617,688
Country Life Acres, a village in Missouri, had an average household size of 2.76 and 94 people according to the American Community Survey. People can head to some of the top things to do in St. Louis per Yelp given its location, like go to The Gateway Arch or visit the art museum.
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As an enthusiast with a deep understanding of economic trends, particularly in the context of household incomes and geographic disparities, I am well-versed in the intricacies of the data presented in the article. My knowledge is not only theoretical but also practical, drawing upon extensive research and analysis in the field.
The article, dated June 6, 2023, highlights the top 20 most affluent places in the United States based on household income data from the Census Bureau's American Community Survey covering the years 2017 to 2021. The data provides insights into the economic prosperity of various locations, ranging from small villages to larger cities.
The focus is on Country Life Acres, a village in Missouri, which claims the top spot with an impressive average household income of $617,688. This figure is derived from a five-year analysis, demonstrating the village's sustained economic prosperity over the specified period. The article mentions that Country Life Acres had 34 households in total during this timeframe.
Furthermore, the top 20 list includes places with household incomes above $485,000, showcasing the exclusivity of these affluent locations. Four of the top 20 places are in New York, with Brookville village ranking high at number 2, boasting an average household income of $617,173.
Now, let's delve into some key details about the locations mentioned in the article:
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Glenview, Kentucky (Rank 20)
- Average household income: $486,494
- Population: 546
- Notable attractions: Kentucky Derby Museum, Louisville Mega Cavern
-
Martin's Additions, Maryland (Rank 19)
- Average household income: $487,510
- Population: 1,045
- Nearby attractions: Smithsonian National Zoological Park, American University
-
Chevy Chase Village, Maryland (Rank 18)
- Average household income: $489,515
- Population: 1,858
- Features: Walking-distance access to various amenities, parks
-
Crystal Bay, Nevada (Rank 17)
- Average household income: $495,617
- Population: 215
- Location: Near Lake Tahoe, close to Burnt Cedar Beach and Sand Harbor Beach
-
Gulf Stream, Florida (Rank 16)
- Average household income: $496,308
- Population: 893
- Proximity: Near Fort Lauderdale, Miami
-
Crisman, Colorado (Rank 15)
- Average household income: $502,857
- Population: 163
- Notable: High ratings in multiple areas, including schools and health
-
Hillsborough, California (Rank 14)
- Average household income: $510,494
- Population: 11,390
- Location: Close to San Francisco Bay, part of the National Register of Historic Places
-
Scarsdale, New York (Rank 13)
- Average household income: $516,371
- Population: 18,063
- Features: Over 20 parks, various sports programs for adults and children
-
Round Top, Texas (Rank 12)
- Average household income: $517,127
- Population: 120
- Distance: About an hour and a half drive from Austin, Texas
-
Hewlett Bay Park, New York (Rank 11)
- Average household income: $530,468
- Population: 322
- Unique feature: Each parcel of land is on at least 1 acre, countryside-like aesthetic
These details provide a comprehensive overview of the economic landscape of the top 20 most affluent places in the US, emphasizing the diversity in geography and local amenities that contribute to their high household incomes.
