Tuesday, June 30, 2015

The Richest Town in Each State - 24/7 Wall St.

Incomes vary tremendously not just across the United States but also within each state. There was at least one town in each state with a median household income thousands of dollars higher than the state’s median income. In some states the difference was even greater. The median income in Scarsdale, New York and Winnetka, Illinois — each the state’s richest towns — was more than $150,000 above the respective state income figure.

Many of these towns had other strong socioeconomic factors that are often associated with high incomes, such as high educational attainment rates. In 30 states, more than 50% of residents in the richest towns had at least a bachelor’s degree compared with the national rate of 28.8%. And the richest towns in all but six states had a college attainment rate greater than the national rate. In contrast, the poorest towns in only three states had a college attainment rate that exceeded the national rate.  Read more: The Richest Town in Each State  - More

The Richest Town in Each State - 24/7 Wall St.

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