These Are The 25 Richest Stores In America (2024)

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Trader Joe’s just might be a surer sign of gentrification than Whole Foods, according to nationwide retail data supplied by research company AggData. The median income of households in counties with Trader Joe’s is $62,600–just barely beating that of counties with Whole Foods, but far higher than the 2013 U.S. median income of $52,250.

TIME ranked 3,027 chains by comparing the median income of the counties where stores are located. See the 25 richest national chains, among brands operating in at least 20 states, below. The wealthiest by this measure? Hanna Andersson, a children’s clothing store, headquartered in Portland, Ore., that focuses on organic fabrics and can be found in counties averaging household salaries of $70,262.

Below, you can see the wealthiest stores by industry. Scroll to the bottom of the page and use the search box to compare any chain.

25 Richest Stores Across All Industries

Electric cars, yoga pants and stationery stores all cater to wealthy Americans, with businesses concentrated in upscale suburban shopping malls in major metropolitan areas. Mexican fast food restaurant Baja Fresh appears to buck the trend, but serves a similar clientele in areas like northern Virginia, home of Loudoun County with the highest median income in America at $122,000.

10 Richest Car Brands

The median household income of counties with a Tesla dealer is a lofty $67,145. Compare that to Chrysler, located in counties with a median income of $49,079. The median income of all counties with a car dealer is $52,900. Use the search box at the bottom of the page to compare any car dealer.

10 Richest Retail Brands

Upscale clothing, stationery and shoe stores cater to shoppers with median incomes in the top 40% of homes. Counties with any retailers provided by Aggdata averaged incomes at $56,000.

10 Richest Restaurants

The Cheesecake Factory, California Pizza Kitchen and Godiva tend to plant themselves in upscale malls, not far from suburban staples like On the Border and Smashburger. Absent from the list are chains like Legal Seafoods that have yet to spread beyond 20 states. Use the search box below to compare any restaurants.

10 Richest Grocery Stores

Trader Joe’s barely beats Whole Foods as the grocery store serving the wealthiest customers. Counties with any grocery store average median incomes of $54,000, but stores like Piggly Wiggly concentrate in counties with median incomes around $40,000–the bottom 44% of Americans.

Search Any Store

Correction: Lists updated on August 25 to reflect additional store locations.

Methodology

Household median income, from the 2013 American Community Survey, is averaged across all counties for every retail location available from AggData to find the “median shopper income.” Estimates for shopper’s income would likely show greater disparity if calculated by geographies smaller than counties, which include a broader spectrum of household incomes.

Only brands with stores in 20 or more U.S. states are considered national chains and used in the lists above. Though all brands are available in the search feature regardless of the number of states they operate in.

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These Are The 25 Richest Stores In America (2024)

FAQs

What is the richest store in the USA? ›

The biggest retail company, with TTM revenue of $600.1 billion, is Walmart.

How much does the top 1% own? ›

The richest 1 percent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 percent of the world's population, reveals a new Oxfam report today. During the past decade, the richest 1 percent had captured around half of all new wealth.

What grocery store do rich people go to? ›

Whole Foods

“The store offers a wide variety of organic and natural foods, as well as a large selection of prepared foods. The store also has a number of unique features, such as a cheese shop, a wine bar and a coffee bar.”

How rich people make money? ›

The source of income of rich people varies widely. Some rich people earn their fortunes through traditional avenues like real estate, stocks, and inheritance. Others may have built their wealth through entrepreneurship, tech ventures, or entertainment.

What is the most popular store in America? ›

Walmart is the most popular store in America. More than half of all shoppers in the country visit a Walmart location in a given month. Apart from the discount store, only McDonald's can claim a majority of Americans as customers.

What's the richest grocery store? ›

A Closer Look at the Top Grocery Stores in the US
  • Walmart. 2022 Annual Revenue: $572.75 billion. ...
  • Amazon. 2022 Annual Revenue: $513.98 billion. ...
  • CVS Health. 2022 Annual Revenue: $322.46 billion. ...
  • Costco Wholesale. 2022 Annual Revenue: $226.95 billion. ...
  • Kroger. ...
  • Walgreens Boots Alliance. ...
  • Target. ...
  • Sam's Club.
Apr 17, 2023

Who is No 1 richest person in the world? ›

Who is the richest man in the world? As of July 1, 2023, the richest man in the world is Elon Musk, the CEO of electric car company Tesla; he's worth $237.7 billion. He moved into the number one spot in June, overtaking Bernard Arnault of France.

Where do billionaires keep their money? ›

Cash and Cash Equivalents

Cash and cash equivalents are common places where billionaires keep of some their money. Though not often thought of as an investment, cash is a liquid asset, meaning you can use it in a variety of ways as needs or desires arise.

How do billionaires live? ›

According to an article by Insider, billionaires can typically afford to spend $80 million a year, with many spending their wealth on private jets, real estate, remote islands, cars, art, trips to space, and superyachts. All these industries are booming as the world's billionaires seek lavish goods and investments.

Do rich people go thrift shopping? ›

Thrift shopping was once primarily known as an affordable way for lower-income people to find secondhand clothing, but in recent years, it has become popular among the wealthy, leading to rising prices.

What store sells the most food? ›

Walmart is the world's largest food and general merchandise retailer, with over 11,500 stores across 27 countries.

Do rich people shop in Walmart? ›

Its growth was fueled by strong demand for groceries, including from wealthier shoppers with household incomes of over $100,000 who've been doing more shopping at Walmart.

What are the 5 ways to get rich? ›

The 5 Fastest Ways To Become Rich, According To Experts
  • Avoid (and Pay Down) Debt. Debt is not necessarily bad in all instances, but it is something to be avoided most of the time. ...
  • Spend Intentionally and Minimize Costs. ...
  • Invest as Much as Possible in a Diversified Portfolio. ...
  • Work On Your Career. ...
  • Find Extra Work.
May 15, 2023

Where do rich people bank? ›

Several popular banks, like JP Morgan, Bank of America, Wells Fargo, Citi Bank, and Goldman Sachs, offer private banking options that provide millionaires with wealth management advice and services.

How do rich people think? ›

Rich Mindsets Always Focus on Positive Attitude

Dave Ramsey, the national best-selling author, once explained the difference between broke and poor is attitude. The broke have no money right now but have a positive outlook; they believe they can do better and can do better when they work toward doing something better.

Who is the #1 retailer in the US? ›

The latest data from the National Retail Federation shows that Walmart continues to lead as the top US retailer.

What is the richest department store? ›

United States: leading department stores 2022, by sales

In 2022, Macy's was ranked as the the leading department store in the United States, with sales amounting to 24.25 billion U.S. dollars. Kohl's followed, with sales reaching over 17 billion.

Which store has the most profit? ›

Top 30 Profitable Retail Business Ideas with Low Investment
  • 1) Grocery store. it is one of the most profitable retail business in today's environment. ...
  • 2) Stationery and bookstore. ...
  • 3) Customized gift shops. ...
  • 4) Cosmetic store. ...
  • 5) Perfume stores. ...
  • 6) Mobile store. ...
  • 7) Kids store. ...
  • 8) Sports shop.
Feb 27, 2023

Who is the richest store owner? ›

Amancio Ortega

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