Ten Richest Towns In The USA

Incomes vary tremendously all across the United States. This inequality has become the most important topic of the election cycle, in regard to the economic situation. The annual median household income in certain areas is as high as four times the national median.

In the richest towns in the country, a high proportion of the households earn as high as $200,000 annually. The median home values in these towns is more than $1 million. Here is a list of the ten richest towns in the country:Orinda City, California

Median Household income: $164,437

Population: 18,108

Home Value: $973,600

Located just outside San Franciscos downtown, this Bay area suburb is the home to a rich community of commuters and their families. With an annual median household income almost thrice the national average, it is the tenth-richest community in the US. Like most of the rich cities in the country, a large proportion of the households (71.6%) includes a married couple. Nationally, less than 50 percent the households includes a married couple.Ho-Ho-Kus borough, New Jersey

Median household income: $165,827

Total population: 4,109

Home value: $775,000

Situated in central New Jersey, the borough is a small town of less than 5000 people. This part of the country has a very high education level (71% of the adults having at least a bachelors degree) and almost no poverty (0.7%).Glen Ridge borough, New Jersey

Median household income: $167,101

Total population: 7,561

Home value: $581,400

Also from new Jersey, Glen Ridge has nearly 40 percent of the households which have an annual income of 200,000 or more. Almost all the people of the town have at least a high school diploma and most of the population is made up of highly skilled workers.Essex Fells borough, New Jersey

Median household income: $171,681

Total population: 2,115

Home value: $820,800

Yet another community from New Jersey, Essex Fells is situated just west of Glen Ridge. Less than 0.7 percent of the households here earn less than $10,000. However, the nearby city, Newark has a very high poverty rate with 15.6 percent of the households earning $10,000 or less. and just 1 percent earning more than 200,000.Southlake City, Texas

Median household income: $172,951

Total population: 27,006

Home value: $514,900

Situated nearly 25 miles north of Dallas, Southlake city is one of the two extremely wealthy cities in near the area. The home value is extremely higher than the national median value of $176,700, but this value is quite less than the other rich towns in the list.University Park city, Texas

Median household income: $173,520

Total population: 23,460

Home value: $968,300

The second city in close proximity to Dallas, University Park City is the fifth wealthiest city in the US. With 84 percent of the adults having a bachelors degree or more, the conception that higher education opens door to more opportunities is justified. The city is located in the Dallas-Fort Worth-Arlington area, where residents have access to better paying jobs.West University Place city, Texas

Median household income: $205,136

Total population: 15,033

Median home value: $781,300

Most of the wealthy towns are located in the outskirts of the city. However, West University Place is well inside the urban cluster of Houston. More than a quarter of the workers from the city are employed in professional, scientific, management and administrative areas. The national average for this is less than 11 percent.Piedmont city, California

Median household income: $207,222

Total population: 10,852

Median home value: $1,000,000+

Another San Francisco suburb, Piedmont shares Alameda county with Oakland. In these two cities, the income disparity can be seen in a large scale, with Oaklands median household income just a quarter of that in Piedmont.

Most workers from Piedmont work in the professional and business sectors. This is due to the services given to the Bay Area.Winnetka village, Illinois

Median household income: $211,250

Total population: 12,273

Median home value: $936,200

Located in the Chicago metropolitan area, Winnetka has 88 percent of the adults having a bachelors degree. This population is highly paid and very highly educated.Even though the household market in the nearby areas is not particularly expensive ($206,300), the home value in this regions is a whooping $936,200.Scarsdale village, New York

Median household income: $233,311

Total population: 17,337

Median home value: $1,000,000+

Scarsdale is located near New York City, in the Westchester County. With just under a quarter of Scarsdale labor force employed in the finance sector, it is the wealthiest town of the country. The median home value is more than a million in this area, while that in New York is $392,700.