Community Corner
California's Richest Communities: Do You Live In One Of Them?
A new census analysis published in Bloomberg ranks America's richest communities. See if your city or town made the list.
Where do America's richest residents live? Many of them are in California, according to a new report.
A new analysis of census data published by Bloomberg indicates that cities and towns with ties to Wall Street and Silicon Valley had the highest U.S. household incomes in 2015. The richest households weren't isolated to the coasts, with some communities in between also making the list.
Atherton, California, topped the list, owing to its proximity to Silicon Valley. Piedmont holds the 15th spot, while Kentfield sits at number 18. On the opposite coast, Bloomberg notes that more than one-third of the country's richest households were located within 50 miles of New York City.
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The Golden State is home to 22 of the 100 "richest places" listed by Bloomberg. We've singled out the California locations below:
- Atherton, no. 1 nationally
- Hillsborough, no. 4 nationally
- Los Altos Hills, no. 7 nationally
- Piedmont, no. 15 nationally
- Kentfield, no. 18 nationally
- Montecito, no. 25 nationally
- Los Altos, no. 37 nationally
- Palos Verdes Estates, no. 38 nationally
- Orinda, no. 46 nationally
- Malibu, no. 48 nationally
- Alamo, no. 52 nationally
- Tiburon, no. 53 nationally
- Mill Valley, no. 57 nationally
- La Cañada Flintridge, no. 64 nationally
- Saratoga, no. 66 nationally
- Manhattan Beach, no. 71 nationally
- Blackhawk, no. 74 natioanlly
- San Marino, no. 78 nationally
- Coto de Caza, no. 80 nationally
- Beverly Hills, no. 88 nationally
- Menlo Park, no. 96 nationally
- Palo Alto, no. 97 nationally
As for nationally, the 10 wealthiest towns in America are:
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- Atherton, California
- Cherry Hills Village, Colorado
- Scarsdale, New York
- Hillsborough, California
- Short Hill, New Jersey
- Old Greenwich, Connecticut
- Los Altos, California
- Bronxville, New York
- Darien, Connecticut
- Winnetka, Illinois
Bloomberg ranked a total of 6,200 communities, evaluating them for inflation-adjusted household income. All ranked communities had a minimum population of 2,000.
Related:
By Feroze Dhanoa (Patch National Staff)
Image: A mansion-style home in Atherton, California, by Justin Sullivan/ Getty Images News/ Getty Images
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