Fortune Global 500 companies include SK Holdings, POSCO, LG Electronics and more. San Mateo is the richest city in Colorado and the tenth wealthiest in the United States. Under those circumstances, it is no wonder that people of means have flocked to the county. These are of very low quality and should be avoided. The Rhine-Ruhr metropolitan area is the economic power house of Germany. Across all age groups, Americans spend most of their money on housing, followed by transportation, food, and insurance. The Bloomberg LP cofounder and former mayor of New York committed $750 million to charter schools last December. Beijing, China: $591.374 Billion Beijing is the capital of China and has a population of over 20 million. Los Altos is pleased to have the 24th lowest poverty rate of 1,775 communities, with a mere 2.8 percent. The metropolitan region of Washington, D.C. includes the whole federal district as well as sections of Maryland, Virginia, and West Virginia. The table shows the 100 wealthiest zip codes in the United States based on IRS figures for Adjusted Gross Income. Housing is expensive, and transportation costs across difficult terrain ups the prices for goods and services. Since her 2019 divorce from Jeff Bezos, Scott has been dropping billions at breakneck speed. Broomfield County is one of the newest counties in the United States because it became Colorado's 64th county in 2001. Southlake, which is located in the Dallas/Fort Worth metropolitan area, had an estimated population of 31,292 people as of the year 2019, with 69.7 percent of individuals having earned at least a bachelors degree. Median Income: $108,979. Subsequently, Forsyth County developed a reputation for being home to sundown towns, which refer to communities where non-whites were very much not welcome. 1. These initiatives include the Small Business Improvement Fund, the Chicago Recovery Grant, Special Service Area Program, Tax Increment Financing and more. Americans invest the majority of their non-financial assets in real estate. 2,047) The "Super fans" have spoken and the first winner of " America's Got Talent: All Stars " has been revealed. She has given away $4 billion since last summer, including $281 million to the Boys and Girls Club of America and $275 million to Planned Parenthood. It is home to an impressive 48.5% of adults with a bachelors degree or higher and 19.5% of households that earn $200,000 or more. Unsurprisingly, that was a huge hassle, so much so that the citys leadership started pushing for the city to be made a county. This county comprises a significant part of the Washington, D.C. metro area, and reports a . When compared to folks in other parts of the country, the median household income is $130,865. As such, it was named for the English county of the same name. Two months later, he listed his North Palm Beach spread for $145 million, less than a year after he paid $80 million for it. There isnt much need to introduce the City and County of San Francisco. In more recent times, the Atlanta Regional Commission says that the places population has seen a massive transformation, though it still has a lower percentage of black residents than the other counties that make up the Atlanta metropolitan area. New York City, USA: $1,330.000 Billion. As a group, this years top 20 are worth $1.6 trillion$235 billion less than a year ago, accounting for nearly half of the $500 billion lost by the entire Forbes 400. Unfortunately, San Francisco is also a reminder that numbers mean very little without their proper context. Before the Ukraine invasion, Moscow was the economic hub of Russia. The 10 Richest Cities In The US For 2022 Cary, NC Centennial, CO Frisco, TX Sunnyvale, CA Fremont, CA Bellevue, WA Pearland, TX Olathe, KS Overland Park, KS League City, TX Is everyone in these places loaded? By examining a cities GDP, we can get a good idea of its industries and how they contribute to the overall economic growth. Supposedly, Forsyth County has been seeing huge growth because of its affordable homes, its excellent amenities, and its proximity to high-paying jobs. The high wages allow them to pay 16% higher than the nationwide average for goods and services. In a September LinkedIn post, he spoke out against tech CEOs pushing for a return to the office. However, that type of thinking, Read More Why You Should Consider Investing in Sandy Oregon Real EstateContinue. Oftentimes, it is overshadowed by its more famous neighbor. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. . We added hundreds of new lists - see our top 101 city lists. The secretive siblings, whose grandfather created the Milky Way bar in 1923, together own an estimated two-thirds of Mars Inc. Jacqueline helped fund a sculpture of 140 migrants and refugees that was recently unveiled in a plaza at the Catholic University of America in Washington, D.C. Warren Buffet, Mackenzie Scott, Elon Musk, Illustration by Wesley Bedrosian for Forbes. In any case, Montgomery County has a second claim to fame in that it is one of the best-educated U.S. counties on top of being one of the richest U.S. counties. Here are the top 10 richest places in the U.S., according to Bloomberg: 1. Once a top contender in manufacturing, today manufacturing revenue covers only around 10 percent of the economy. Once a leader in the manufacturing industry, that industry has been bowing to more modern industries like high tech, financial services and electronics. City employment is driven by AT & T, Walgreens, Abbott Labs, the CTA, Walmart and Allstate Insurance, among others. No one gained more than Tesla and SpaceX chief Elon Musk, who tops the 400 for the first time, despite being weighed down by his $44 billion Twitter takeover, which hes been fighting to void. Meanwhile, Montgomery County is one of the counties that make up the Washington-Baltimore metropolitan area. Since retiring as chairman and CEO in 2016, the Nike founder has led a $270 million investment for a new track-and-field stadium at the University of Oregon, his alma mater, and is said to be personally involved in talks for its teams to join the Big Ten conference. This includes the burgeoning FinTech, or financial technology industries. The significant concentration of colleges and institutions contributes to the well-educated populace. Located in Silicon Valley, Los Altos Hills has 8,000 residents, many of whom work in tech. Something that could mean the difference between life and death back when the food supply was less certain. Its a one-two-three that seems like a great way to make a ton of money very quickly. The Forbes Philanthropy Score 2022: How Charitable Are The Richest Americans. With tourism to back them up, the hard-working population boasts the nation's lowest unemployment rate of 1.9%. The U.S. Census Bureaus American Community Survey is the best source of information for this kind of question. Gates, who saw an outbreak like Covid-19 coming back in 2015, released a new book in May: How to Prevent the Next Pandemic. In May, he was accused of sexually harassing a SpaceX flight attendant. . What are the wealthiest cities in the U.S.? 10 Best Lake Resorts in Iowa [Ranked in 2023], Top 17 Drunkest Cities in America [Report 2023], 12 Major Cemeteries in Iowa [Update 2023], 10 Best Ziplines in Iowa You Must Enjoy [Update 2023], Top 17 Most Boring Cities in America [Report 2023]. Even though the city was riddled with the effects of the pandemic, Job growth occurred with another 5,700 jobs added. The top ten richest cities in the United States are: Atherton, CA ($450,696) Scarsdale, NY ($417,335) Cherry Hills Village, CO ($394,259) Los Altos Hills, CA ($386,174) Required fields are marked *. Located in San Mateo County, the city has the best restaurants, parks, shops, and most importantly, an excellent schooling systemno wonder most affluent families choose to settle down in this wealthy town. The Shenzhen Special Economic Zone or SEZ is an important business and financial services center in China. Industries that have found success in the city include food processing, manufacturing, publishing, insurance and tourism. Because the cost of goods and services in Santa Rosa is around 21% more than the national average, the typical family income is only approximately $66,500, which is just slightly more than the national median annual family income of $60,336. The analysis used to rank the top 10 richest cities in America in 2022 is based on the U.S. Census 2016-2020 American Community Survey. But Atlanta is a city, Read More The 10 Richest Neighborhoods in AtlantaContinue, Surprisingly prison is not always as bad as expected. If divided evenly, each household would have over $343,000, which is not the case. The former Microsoft CEO has taken his energetic leadership skills to the NBA, after buying the Los Angeles Clippers for a then record $2 billion from the wife of embattled former owner Donald Sterling in 2014. The majority of households in the metro region make more than $87,828 a year, and one out of every ten makes more than $200,000. However, a sharp economic disparity runs through this metropolitan region, making it one of the worst in the country. Originally, Broomfield was situated in Boulder Countys southeastern corner. However, it has some pockets that are either urban or even rural. Here's a closer look at the 20 richest people on the 2022 Forbes 400 list of wealthiest Americans (net worths are as of September 2, 2022): Elon Musk Liesa Johannssen Koppitz/Bloomberg 1.. The average home in the Honolulu region is valued at $680,200, which is more than quadruple the average American houses value of $217,600. Well-known corporations that reside in SEZ are Tencent, Huawei and DJI. Southlake, Texasknown for its exemplary public schools (one of which has won eight football state championships)is the richest city in the United States for 2022, according to 24/7 Wall St., which used five-year estimates of median household income from the U.S. Census Bureau's 2019 American Community Survey (ACS). Elon Musk Net. Located in the Santa Clara Valley, San Jose is the richest metro area by far, with a median household income of $110,040, surpassing the runner-up by over $13,000. Known as a center of learning due to the many high caliber universities in the city such as Osaka and Kansai universities, Osaka attracts creative and innovative industries. The area is famed for its extravagant celebrity residences, with everyone from Barack Obama to Jeff Bezos owning a multimillion-dollar home there. The elusive founders of the worlds most popular internet search engine gave up operational control of Google and its parent, Alphabet, at the end of 2019. Napa Valley is well-known across the world as a wine-growing region, and local wineries, as well as the tourist they generate, contribute significantly to the local economy. Tourism is another major contributor to the economy of Philadelphia. Surprisingly, theyre not. 87.8 percent of individuals in the city have a bachelors degree or above. Unfortunately, the most recent data comes from 2019 because 2020 data wasnt collected while 2021 data hasnt been released. Looking at the richest counties in the U.S., the No. People are very interested in both what other people earn and what other people have earned based on the contents of the Internet. Thanks to that, Stafford County is also one of the richest and best-educated counties in the country. Most metro area households make at least $87,470 per year, with more than one in ten earning more than $200,000. The lower-than-average bachelors degree completion rate is most likely due to the kind of occupations available in the area. Seattle and satellite cities comprise one of the many wealthy metro areas along the west coast. One of the biggest philanthropists in history, Buffett continued his summer tradition of donating billions to charity, giving shares worth about $4 billion to the Gates Foundation, as well as to foundations for his three children and late wife, in June. Over half of the adults have a bachelors degree, thanks to nearby prestigious educational institutions such as Stanford and the University of California, Berkeley. Over time, it swallowed more and more of its neighbors, thus causing it to spread into not one, not two, but four different counties. Unlike virtually every other city on this list, Vallejo citizens are less likely than the average American to hold a four-year college degree. Marin County is right over the Golden Gate Bridge from the City and County of San Francisco. Loudoun County has consistently been either the richest or one of the richest U.S. counties in recent years. The states with the highest number of the richest cities are California with 23, New Jersey with 18, and New York with 13. According to the Greater Houston Project, As retailers work to rebuild their inventories, as factories struggle to resolve supply chain issues, as the global economy continues to grow, so will the demand for Houstons exports, and so will Houston employment,. The average household in a metro region makes $86,652 a year, almost $17,000 more than the average American home. Copyright 2023 USA by Numbers | All Rights Reserved, Top 20 Richest Cities in the US [Ranked in 2023], Top 15 Richest States in the US [Report 2023], Top 15 Richest Counties in the US [Ranking of 2023], Top 13 Richest Neighborhoods in America [Report 2023]. Musk denied the allegation. Educational attainment is associated with better earnings, and roughly half of all individuals in the Boston metro region hold a bachelors degree or above. In the metro region, just 3.1 per cent of households earn less than $10,000 a year, compared to 6.5 per cent nationally. Keep reading to learn more about the top 20 richest towns in America. In June, the holistic health institute she founded in Bentonville a year earlier was renamed the Alice L. Walton School of Medicine. Houstons economy is diverse, from the worlds largest petrochemical manufacturing center to health care and medical research, real estate, finance, and information tech industries. A typical property in sunny San Francisco will set you back around $1 million, but thats not such a lofty request given the average household earns six figures. Here are the top 10 wealthiest cities in America for 2022. In June, he paid a Florida record of $173 million for a home in Manalapan. The public schools of Fairfax County, of which McLean is a part, have earned a national reputation for excellence. Last December, a Koch subsidiary reportedly sold a 340,000- acre Montana cattle ranch to media mogul Rupert Murdoch for roughly $200 million. Historically speaking, people were interested in the region because its rich soils produced bountiful harvests. Penthouses in the 30 Park Place complex are currently listed for 10 times as much. Musk, worth an estimated $251 billion, is $60.5 billion richer than a year ago, thanks to an 11% increase in the price of his electric vehicle makers shares and a fresh funding round that valued his rocket maker at $127 billion. It goes without saying that due to its history tourism is a huge draw when it comes to obtaining revenue. Unsurprisingly, it tends to be considered one of the most central parts of the New York metropolitan area, particularly since it has incredible connectivity with New York City itself thanks to built-up infrastructure. Adding to the diversity are biotech companies and information technologies. However, that isnt the case. The metro region has a well-educated workforce (almost 44% of persons in the metro region hold a bachelors degree or above) as well as a number of high-paying businesses. Fortune 500 companies include Discovery Communications, Fannie Mae, Walmart and CACI International among others. Another industry that rains gobs of revenue on the City of London is the tourism industry with over 20 million visitors per year. Napa is one of three California metro areas to make the list of the top fifteen richest cities in the United States. Most households in the metro region make more than $88,535 per year, and 13.7 per cent make more than $200,000 per year a higher percentage than all but six other metro regions in the US. Thirty-seven of the 100 richest cities are located in six counties in the United States. The 20 Best Places for Retired Military to Live, U.S. Census Bureaus American Community Survey, How Bebe Rexha Achieved a Net Worth of $10 Million, The 20 Worst Cities for Human Trafficking in the World, How Simu Liu Achieved a Net Worth of $4 Million, The 20 Best Chevy Muscle Cars of All-Time, How Lizzo Achieved a Net Worth of $40 Million. A major oil refiner, the Wichita conglomerate has invested more than $2 billion since early 2021 into energy transformation technologies such as electric batteries, energy storage and solar power infrastructure. It's basically a part of Manhattan with is located near by the central park. With low work opportunities, the government appreciates those sticking around in the overcast, most populous city in the state. Hillsborough rightfully earns a place as one of the richest cities in America. Charles Koch and the family of Julia Koch, the widow of his younger brother David (d. 2019), each owns 42% of Koch Industries. 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