Still, serious financial hardship is not as common in the state's wealthiest city as it is across the U.S. Edmond, Oklahoma, located about 15 miles north of Oklahoma City, is the wealthiest city in the state. The lower than average incomes in Jackson are partially attributable to a lack of jobs. In fact, the typical Honolulu household has an income of $72,943 a year, well below the median income across the state of $83,102. Each of these places is home to at least 61,000 people. Comparatively, 8.3% of New Mexico households and 5.8% of American households lived on that level of income. <>/Pattern<>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 612 792] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Workers with graduate degrees had the lowest unemployment rates and highest earnings. • Median household income: $188,120 (state: $78,687), • Households earning more than $200,000: 46.8% (state: 11.4%), • Median home value: $931,700 (state: $387,600), • Adults with a bachelor's degree: 77.5% (state: 37.0%). This is the most educated city in every state. Of the total unemployed, the age group 15 to 24 years comprised 42.4 percent, while the age group 25 to 34, 32.1 percent. The typical Ohio household earns $58,642 a year, well below the national median of $65,712. As is the case with the majority of wealthy cities, Naperville residents are less likely to face significant economic struggles. The typical U.S. home costs just over $240,000. Just 2.1% of households in the city lived on an income of $10,000 or less in 2019. North Dakota is one of a few states where wealth is not heavily concentrated in cities. The unemployed are defined as people without work but actively seeking employment and currently available to start work. Still, Louisiana is largely a relatively poor state, and even its wealthiest city's median household income is about $5,000 lower than the $65,712 national median. The higher incomes mean residents can afford more expensive housing. The typical Gilbert household earns an income of $102,793 a year, nearly $41,000 more than the median household income across Arizona as a whole. • Median household income: $106,304 (state: $57,341), • Households earning more than $200,000: 19.9% (state: 6.0%), • Median home value: $397,900 (state: $193,200), • Adults with a bachelor's degree: 68.4% (state: 32.3%), • 2019 unemployment rate: 2.9% (state: 4.6%). Sammamish is just east of Seattle and the high-paying tech jobs in the area, which is home to companies like Amazon and Microsoft. • Median household income: $58,394 (state: $57,153), • Households earning more than $200,000: 5.5% (state: 4.3%), • Median home value: $232,700 (state: $253,600), • Adults with a bachelor's degree: 35.0% (state: 33.6%), • 2019 unemployment rate: 3.6% (state: 4.1%). The cities on this list also tend to have lower than average annual unemployment rates. Olathe is the wealthiest city in Kansas, narrowly edging out several other Kansas City-area cities like Overland Park and Shawnee. Less than 50 miles from New York City, Brentwood residents have access to the largest job market in the country. Meridian does not have a much higher share of households earning more than $200,000 when compared to Idaho, at 5.9% compared to 5.0%. • Median household income: $84,804 (state: $85,751), • Households earning more than $200,000: 8.7% (state: 15.2%), • Median home value: $365,400 (state: $348,800), • Adults with a bachelor's degree: 32.0% (state: 41.2%), • 2019 unemployment rate: 5.3% (state: 4.7%). Among the unemployed persons in January 2020, 63.3 percent were males. Enterprise is a Census-designated place just south of Las Vegas. • Median household income: $78,284 (state: $77,933), • Households earning more than $200,000: 7.7% (state: 9.8%), • Median home value: $285,900 (state: $281,400), • Adults with a bachelor's degree: 36.8% (state: 37.6%), • 2019 unemployment rate: 4.8% (state: 3.0%). Incomes in the city climbed substantially last year. Franklin is the only city in the state where most households earn an income of over $100,000 a year. Unemployment in the city stood at just 2.0% in 2019, less than half the 4.2% state and 4.5% national unemployment rates, according the Census estimates. Additionally, although Honolulu's median household income is lower than the state as a whole, it is well above the $65,712 national median. The city is one of 11 large Texas cities in which most households earn more than $100,000. Bethlehem has a poverty rate of 12.5%, by far the lowest of any large Pennsylvania city, yet it is still just above the nationwide rate of 12.3% and the statewide rate of 12.0%. The typical Jackson household earns $38,972 a year, compared to the median income of $36,013 in the city of Gulfport. The unemployment rate in January 2020 was estimated at 5.3 percent. Like many of the other cities on this list, Olathe residents are more likely to hold a college degree than residents across the state. As is often the case in the cities on this list, Portland is home to a relatively well-educated population. The area's high incomes have likely driven up real estate values, as the typical home costs over $930,000. Texas: Flower Mound • Median household income… Brentwood is a Census designated place located in central Long Island. This indicator shows the unemployment rates of people according to their education levels: below upper secondary, upper secondary non-tertiary, or tertiary. As is often the case in the cities and towns on this list, Highlands Ranch residents are far less likely than most Americans to be unemployed. February 2020 report from the Bureau of Labor Statistics, unemployment rates across the country were 7.3% for persons with a disability, compared to 3.5% of those without a disability. • Median household income: $65,823 (state: $48,952), • Households earning more than $200,000: 9.5% (state: 3.8%), • Median home value: $214,100 (state: $136,200), • Adults with a bachelor's degree: 34.1% (state: 23.3%), • 2019 unemployment rate: N/A (state: 4.8%). In most states, the wealthiest city has a median household income well above the median across the state as a whole. It is the only city or city equivalent in the state where most households have an income of over $100,000 a year. Real estate values are often a reflection of what local residents can afford, and in the Baltimore suburb of Ellicott City, most homes are worth more than $557,000. Across the U.S., the typical home costs just over $240,000. With a median household income of just over $60,000, Bethlehem is the richest city in the state. In Hoover, 56.9% of adults have a bachelor's degree or higher, compared with just 26.3% of adults across Alabama as a whole. Vermont, West Virginia, and Wyoming have no cities covered in the latest Census release and were excluded from the analysis. Property values in a given area typically reflect what local residents can afford – and in South Jordan, real estate is expensive. With a median annual household income of $132,836, it is the wealthiest community in Colorado. Sammamish is not only the richest city in Washington, but also the second richest city in the entire country, after San Ramon, California. With fewer people working, median household incomes have likely decreased as well. © 2020 USA TODAY, a division of Gannett Satellite Information Network, LLC. Yet this still trails the U.S. rate of 8.5% of households earning at least that amount in 2019. Troy's relatively high median income is partially attributable to low unemployment. The Minneapolis suburb of Lakeville has the highest median household income of them all, at $117,083. Enterprise has a relatively high share of wealthy households when compared to the rest of the state, with 7.8% of its households earning $200,000 or more annually. But because Omaha's median household income of $61,305 is about $2,000 higher than Lincoln's, it is Nebraska's wealthiest city. Though homes in Rio Rancho are typically over $10,000 more expensive than they are statewide, the median home value of $192,700 is still well below the nationwide median. The median household income in Olathe of $94,292 is more than $32,000 higher than the state median. As the chart shows, workers age 25 and over who have less education than a high school diploma had the highest unemployment rate (5.4 percent) and lowest median weekly earnings ($592) in 2019 among those at all education levels. Like most high-income American cities, Carmel has a well-educated population. Often, the wealthiest city in a given state is also the most educated. Troy, the wealthiest city in Michigan, is located only about 20 miles from Detroit, one of the poorest cities in the state. The city's poverty rate of 9.4% is inline with the 9.3% statewide rate. Workers with a college degree typically earn higher wages than those without. • Median household income: $139,508 (state: $64,034), • Households earning more than $200,000: 26.0% (state: 7.9%), • Median home value: $385,700 (state: $200,400), • Adults with a bachelor's degree: 61.1% (state: 30.8%). For context, the typical Utah home is worth $330,300, and the median home value nationwide is $240,500. Additionally, 23.7% of area households earn $200,000 or more annually, more than double the 8.5% share of all households nationwide. Stamford is the only city in Connecticut where most households have an income of more than $100,000 a year. Even in Rogers, the city with the highest income in the state, the typical household earns $65,823 – in line with the median household income across the U.S as a whole of $65,712. In Ankeny, Iowa, the wealthiest city in the state, incomes climbed substantially between 2018 and 2019. The typical household of Johns Creek earns an income of more than $150,000, more than double the median household income for the state of Georgia. As is often the case in affluent cities, a relatively small share of Ankeny residents depend on government assistance to afford basic necessities. Metairie is a Census designated place located just outside of New Orleans. endobj Another common characteristic in these cities is education. Its content is produced independently of USA TODAY. Despite lower incomes overall, Honolulu residents are not necessarily more likely than the typical Hawaiian to face serious financial hardship. College-educated workers tend to earn much higher wages than those without a degree. Many of the cities on this list are located within commuting distance of much larger cities and the wider variety of high-paying jobs available there. Lee's Summit, a suburb of Kansas City, is the wealthiest city in Missouri. An estimated 68.4% of the city's adult population have a bachelor's degree or higher, compared to the 32.3% of adults across the state as a whole. Of the two cities in Montana the Census covered, Billings and Missoula, Billings ranks as the wealthiest. As recently as 2018, the median household income in Hoover was $88,899, about $10,000 lower than in 2019. At $437,200, houses in this suburb northeast of Atlanta are also more than twice as expensive as houses statewide. Not only is Stamford the wealthiest city in Connecticut, but it is also the best educated. It is also the only large city in the state with a smaller than typical share of households living on $10,000 or less – 4.8% of households live on $10,000 annually, compared to 5.8% of all Americans. stream The typical home is worth $475,200, more than the median home value in every other city in the state. As is often the case in the cities on this list, Wisconsin's wealthiest city also has a lower than average poverty rate. With a median household income of just $48,952, Arkansas is one of the poorest states in the country. The typical area household earns an income of $189,185 annually, compared to the median household income across the state of $80,440 and the national median of $65,712. Pennsylvania has seven major cities with populations over 65,000 – none of which has a median household income above the state's median of $63,463. The typical household earns $74,130 a year – nearly $15,000 more than in Santa Fe, the next richest city in the state. Like many other places on this list, Gilbert is within commuting distance to a much larger urban area. Yet neither has a median household income higher than Nebraska's median of $63,229. Unemployment rates of 25- to 34-year-olds, by sex and educational attainment: 2019.