Atterton – “HOME” for the Tech-savvy billionaires like Google’s former Chief Executive Officer Eric Shmidt and late Microsoft Co-founder and the wealthiest town in the USA. Chief Operating Officer of Facebook Sheryl Sandberg, also referred to the place as her home where the average income of almost every house is more than $500,000 per year.
For the 4th consecutive year in a row, the outskirts of Atherton, California was on the top of the list that contained the wealthiest places on earth. While silicon valley being at a distance of 20-minute drive and 45 minutes to the famous San Francisco, is where the billionaires and tech-savvy CEOs chose to live.
The houses which are built betwixt’ the beautifully decorated and finely trimmed gardens are spectacularly bewitching.
Scarsdale, New York
Scarsdale is on the next town to grab the position in the list which is just situated on a 25 minuted drive from Manhattan.
A small town situated 20 miles from the south of San Francisco which grabbed the third spot.
Cherry Hills Village, Colorado, and Los Altos Hills, California, each household of these places earn $400,000 a year.
Most of the places are near major cities or at the seaside. A very high amount of concentrated wealth is home to these small towns and suburbs. Here is a list of 10 wealthiest places in the U.S
- Atherton in California has an average household income of $525,324.
- Scarsdale in New York has an average household income of $452,041.
- Hillsborough in California has an average household income of $430,681
- Cherry Hills Village in Colorado has an average household income of $406,314
- Los Altos Hills in California has an average household income of $405,073
- Short Hills in New Jersey has an average household income of $388,760
- Highland Park in Texas has an average household income of $365,025
- Glencoe in Illinois has an average household income of $358,543
- Winnetka in Illinois has an average household income: $353,700
- Darien in Connecticut has an average household income of $352,839
Point to ponder
A widening gap between rich and poor places is the darkest spot in the American economy. Since 1980’s demographic inequality has led to a difference amidst people based on education, health, and wealth.
The current demography is benefitting educated workers as they get highly paid at their jobs and try to cluster in certain cities.
The blue and red America is currently on the verge of division because a handful of people are getting highly paid jobs and are moving to luxurious places while causing high geographic gaps, which ultimately contributes to biased division when it comes to other factors, too.