The 20 Richest Towns in America

Bloomberg created the annual Richest Places Index to uncover the most affluent towns in the United States. While some towns are chock full of tech moguls and uber-rich celebs, not every "richest place" on this list has high-profile residents.

These towns all have mega mansions and manicured lawns, of course, but they are more in demand for their gorgeous outdoor spaces and top-rated schools. Many are also close — but not too close — to a bustling downtown scene.

Bloomberg created and ordered this list by annual household income. Every one of the top 20 towns have households that bring in at least $300,000 a year. While Silicon Valley and the New York metro area make up a big chunk of this list, the richest people in America also take up residences in Arizona, Florida, Colorado and Virginia. Here are the 20 towns with the richest people in America.

Unless you live in or near Silicon Valley, you may not know of the sleepy town of Atherton, California. Nearly equidistant from San Francisco and San Jose, this village of less than 7,500 residents is home to the wealthiest households in America. The average household income tops a whopping $525,000. Tech moguls, like Facebook's Sheryl Sandberg and Google's Eric Schmidt, call Atherton home. Assorted celebs and athletes, like NBA star Steph Curry of the Golden State Warriors, have lavish mansions here, too.

Just 35 minutes north of Manhattan, Scarsdale has made a name for itself as the wealthiest town on the East Coast with an average annual household income of more than $450,000. The charming village of Scarsdale is known for classic architecture in its lavish homes and luxe retail shops, as well as some of the most highly-rated public schools in Westchester County. The tony Murray Hill neighborhood boasts estates with manicured lawns, circular driveways and multi-million-dollar price tags. Notable residents have included Rob Reiner and Liza Minelli.

Hillsborough is a short 25-minute drive north of Atherton, and the money flows freely here too, despite an average household income that's nearly $100,000 less than Atherton. Not that anyone would scoff at $430,000. In Hillsborough, the median home sales price in 2020 was $4.6 million, according to Compass. You'd be hard-pressed to find a single-family home for less than $2 million. Maybe a condo. Interestingly, this wealthy town of less than 12,000 in San Mateo County has its quirks, most notably a super-size statue of Junipero Serra. Widely considered the "Founder of California," some say the statue looks like it was made from mashed potatoes.