Each year the Bloomberg Index rounds up the wealthiest towns in America. These are those enviable locations that are home to the rich and famous. Some towns are in close proximity to major cities while others are coastal towns. Many businessmen, actors, and politicians live in these towns boosting the median income of the residents in the area.
Additionally, the education level of the people in these towns also plays a major role. The number of educated individuals in these areas is double the national average of degree holders which is 30.9 percent. Here are the top 20 richest towns in America.
The town of Atherton, California is located in San Mateo County and sits between San Jose and California, making this town a playground for some of the rich and famous in Silicon Valley. Some of Atherton’s residents include Sheryl Sandberg and Meg Whitman.
However, the town only consists of a row of houses and no avenues for entertainment. Apart from the houses, there is a town hall and a library in Atherton. The cost of a median home in this area is $6 million and the average household income is $450,696.