GOBankingRates

The Richest Small Town in Every State

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marchello74 / iStock.com

marchello74 / iStock.com

When you think of the richest locations in the U.S., places like San Francisco, New York and Beverly Hills might come to mind. But prosperity and affluence aren’t only thriving among the glitz and glamour of big cities. Instead, pockets of wealth can be found in the nation’s quieter communities and small towns. And for some, living in a small town can be the best financial decision ever.

In this study, GOBankingRates analyzed U.S. Census Bureau income data in locations in every state with 500 to 15,000 households to determine the wealthiest small towns in America, and they are ranked here from lowest to highest income. Alaska is not included because of a lack of sufficient data.

Vermont: Shelburne

Median Income: $96,976

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West Virginia: Cassville

Median Income: $105,440

Louisiana: Inniswold

Median Income: $106,759

Nebraska: Hickman

Median Income: $107,604

Montana: Helena Valley Northeast

Median Income: $115,833

Rhode Island: Kingston

Median Income: $116,250

Mississippi: Madison

Median Income: $119,662

South Dakota: Dakota Dunes

Median Income: $126,181

Nevada: Mogul

Median Income: $133,343

New Hampshire: Hanover

Median Income: $136,992

Georgia: Berkeley Lake

Median Income: $138,182

North Dakota: Horace

Median Income: $138,636

Idaho: Hidden Springs

Median Income: $138,895

Wyoming: Rafter J Ranch

Median Income: $140,523

Iowa: Polk City

Median Income: $141,548

Arkansas: Goshen

Median Income: $141,563

Alabama: Mountain Brook

Median Income: $150,268

Delaware: Hockessin

Median Income: $158,036

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Kansas: Leawood

Median Income: $159,540

Hawaii: Maunawili

Median Income: $159,583

Oregon: Stafford

Median Income: $161,489

Utah: East Basin

Median Income: $170,677

Indiana: Meridian Hills

Median Income: $172,969

Florida: Parkland

Median Income: $174,295

Maine: Falmouth Foreside

Median Income: $175,248

Wisconsin: River Hills

Median Income: $178,750

New Mexico: Las Campanas

Median Income: $190,144

Kentucky: Anchorage

Median Income: $199,261

Arizona: Paradise Valley

Median Income: $203,659

Michigan: Orchard Lake Village City

Median Income: $203,750

Ohio: New Albany

Median Income: $206,130

Washington: Medina

Median Income: $208,500

Tennessee: Forest Hills

Median Income: $211,250

Missouri: Town and Country

Median Income: $211,429

South Carolina: Kiawah Island

Median Income: $216,750

Oklahoma: Nichols Hills

Median Income: $218,500

Minnesota: North Oaks

Median Income: $220,861

North Carolina: Marvin

Median Income: $221,350

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Illinois: Kildeer

Median Income: $226,375

Massachusetts: Boxford

Median Income: $232,326

Maryland: Travilah

Median Income: $238,194

Virginia: South Run

Median Income: $238,456

Colorado: Columbine Valley

Median Income: $248,984

New Jersey: Lyons

Median Income: $245,226

New York: Flower Hill

Median Income: $246,533

Texas: University Park

Median Income: $247,045

Pennsylvania: Fox Chapel

Median Income: $247,930

Connecticut: Noroton

Median Income: $248,125

California: Orinda

Median Income: $248,984

Small towns are good for more than just living large. Click through to read about relocating to a smaller city or town to retire on a budget.

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Jami Farkas and Sean Dennison contributed to this report.

Methodology: GOBankingRates determined the richest small town in every state by analyzing income data from the U.S. Census Bureau’s 2021 American Community Survey. “Small town” was defined as having between 500 and 15,000 households. Due to data availability, Alaska has insufficient information and was skipped. Data is up to date as of May 16, 2023.

Photo Disclaimer: Please note photos are for representational purposes only. As a result, some of the photos might not reflect the locations listed in this article.