Looking to relocate to a new city? You probably can't afford to live in any of these 10 places. Each one has an impressively high median household income and other shocking factors that make them almost unattainable to more normal people. While your dreams of being rich and living in luxury may not come true just yet, you can keep learning about these fancy cities and, maybe some day, join the wealthy people.
U.S. richest cities ranked
This list has been compiled by Bloomberg based on the data from the US Census. These 10 wealthiest cities are ranked on the basis of their annual household income and higher standards of living.
Atherton, CA
Median household income: $450,696
With the highest median household income, Atherton attracts much attention from potential residents. The city’s penchant for economic growth, rewarding opportunities, and a robust tech industry in Silicon Valley contribute to its wealthy status.
Atherton has some of the best educational institutions in the country, such as Menlo College, allowing most residents to attain a high level of education, which invites a prosperous job market. The city is also closer to San Francisco, giving it access to otherwise irretrievable amenities.
Scarsdale, NY
Median household income: $417,335
NY is one of the priciest states, but Scarsdale has an impressively high median household income, directly contributing to a high living standard. Scarsdale is quite close to NYC, allowing it access to resources and job opportunities.
The city has a prosperous educational sector and actively encourages outstanding performance, attracting affluent families. It also has a higher real estate value than surrounding cities, directly boosting individual growth.
Cherry Hills Village, CO
Median household income: $394,259
Although Denver typically takes most of the spotlight, its neighbor has some of the most impressive growth opportunities, contributing to a stable economy and higher quality of life. Cherry Hills Village is one of the wealthiest residential areas.
The city has world-class educational facilities, including the University of Denver, attracting elite families to the area and further encouraging financial growth. It also offers luxurious housing and an excellent living wage, which enhances its appeal.
Los Altos Hills, CA
Median household income: $386,174
In Silicon Valley's heart, Los Altos Hills directly benefits from the rich tech hub, where affluent opportunities drastically improve living conditions. Los Altos Hills is also known for its luxurious residential areas, increasing its appeal.
The city is home to great green spaces and parks, which enhances its desirability, prompting several wealthy families to move there. This and its significant educational development and higher-than-average living wage make the city rich.
Hillsborough, CA
Median household income: $373,128
Hillsborough is famous for exclusive entertainment and residential areas, increasing its appeal to wealthy folks. The city also has some of the highest property values, an excellent appeal for residents and potential buyers.
Hillsborough's incredible infrastructure and world-class amenities make settling in much easier; coupled with an extensive job market and diverse opportunities, the city becomes a hub for success and growth.
Short Hills, NJ
Median household income: $367,491
Short Hills’ close proximity to New York City allows it access to great job and educational opportunities, directly increasing its economic stability. The city is also one of the few high-performing schools that promise financial success.
Short Hills possesses numerous high real estate values, upping the city’s demand by millions. Its luxurious retail scene and a healthy living wage make it even more desirable for current and previous residents.
Highland Park, TX
Median household income: $358,994
Although Texas is typically known for its rustic scenery, some cities are giving it a serious run for its money. Highland Park is among the most prosperous U.S. cities and the state's wealthiest.
Highland Park attracts families seeking high-quality educational opportunities because it is close to top-notch schools, including the Texas Tech University Health Sciences and the University of North Texas. It also has an ideal job market with frequent employment opportunities, making the city one of the richest in the U.S.
Darien, CT
Median household income: $341,090
It seems like New York City is indirectly responsible for some cities’ success, and Darien makes the list. This affluent city suburb is among the richest in America, thanks to a promising real estate value and room for growth.
The city has excellent job opportunities and one of the wealthiest educational structures. It’s also a hub for affluent families who seek proximity to NYC. Darien’s wealthy status also derives from an incredible minimum wage.
Bronxville, NY
Median household income: $340,448
Rich historic architecture already puts Bronxville at the top of tourists' wish lists, so the city makes quite a lot from tourism alone. However, Bronxville is an intensely affluent suburb, contributing to a higher-than-average wealthy population.
Bronxville has numerous top-rated schools which are high contenders for high-paying job positions. Despite its luxury, Bronxville offers affordable housing by providing excellent, enviable job packages.
Glencoe, IL
Median household income: $339,883
Glencoe is one of Illinoi's most wealthy areas, so it’s bound to attract rich families. However, Glencoe’s surprising richness isn’t solely owed to them; the serene waterfront setting increases its value.
Glencoe is close to Chicago, so despite being a peaceful area, it has excellent access to amenities and quality necessities. The village also has numerous theaters and museums directly contributing to its wealth.
Can you afford to live here?
Surviving in today's fast-paced economy is undoubtedly a huge challenge for everyone. However, with the right skill set and a smart approach, you can climb to the top and potentially live in one of the wealthiest cities mentioned above.
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The article was inspired by the richest cities in the United States and first appeared on Spatula Desserts.
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