Where The Money Is: A CNNMoney Special Report

Thursday, July 30, 2009

this blog post was originally published as "20 US Towns With The Most Money" on another blog of mine: Keyboard Monkeys | Tips, Tricks and Advice for the Digital Entrepreneur. Real estate, I believe is an industry entrepreneurs aspire to, regardless of background. In fact, it was this very post that inspired me to set up this blog, Terra Est Nostri | Renzie on Real Estate.

CNNMoney.com just released an article on 6-Figure Towns in the United States, and while there are quite a number of these town on the list, we're featuring a quick look at the top twenty on that list.

Clicking on each individual town or city brings you to that town's page on the special report, which gives you an overview, a list of key industries and key occupations in that particular town, and links to an interactive map and even more town data if you're interested.

1. Holmdel, NJ
Population: 16,500
Median family income (per year): $159,633
Median home price: $600,000
image courtesy of the PNC Bank Arts Center

2. Southborough, MA
Population: 9,880
Median family income (per year): $148,297
Median home price: $455,000

3. North Potomac, MD
Population: 24,909
Median family income (per year): $147,594
Median home price: $550,000

4. Redding, CT
Population: 9,365
Median family income (per year): $141,609
Median home price: $625,000*.

5. Western Springs, IL
Population: 12,629
Median family income (per year): $139,758
Median home price: $513,500
image courtesy of the City of Western Springs.

6. Hockessin, DE
Population: 13,772
Median family income (per year): $137,998
Median home price: $408,000

7. Hermosa Beach, CA
Population: 19,414
Median family income (per year): $137,941
Median home price: $1,135,000

8. Lone Tree, CO
Population: 9,159
Median family income (per year): $137,310
Median home price: $435,000

9. Sammamish, WA
Population: 35,242
Median family income (per year): $137,137
Median home price: $610,000
image courtesy of the City of Sammamish.

10. Birmingham, MI
Population: 19,040
Median family income (per year): $135,426
Median home price: $256,869

11. Chantilly, VA
Population: 46,708
Median family income (per year): $132,603
Median home price: $360,425

12. Greenburgh, NY
Population: 90,178
Median family income (per year): $131,619
Median home price: $575,000

13. Franklin Park, PA
Population: 12,023
Median family income (per year): $123,139
Median home price: $273,000
image courtesy of Franklin Park Borough.

14. Chanhassen, MN
Population: 23,720
Median family income (per year): $122,609
Median home price: $288,830

15. Plano, TX
Population: 260,796
Median family income (per year): $121,988
Median home price: $201,842

16. Johnston, IA
Population: 15,261
Median family income (per year): $120,776
Median home price: $208,000

17. Lake Oswego, OR
Population: 36,698
Median family income (per year): $119,630
Median home price: $456,250
image courtesy of the City of Lake Oswego

18. Morrisville, NC
Population: 13,361
Median family income (per year): $118,545
Median home price: $263,000

19. Alpharetta, GA

Population: 49,662
Median family income (per year): $117,002
Median home price: $297,450

20. Montgomery, OH
Population: 10,210
Median family income (per year): $116,871
Median home price: $254,000*

Other towns in CNN's list of 6-Figure Towns: Ponte Vedra, FL, Whitefish Bay, WI, Hanover, NH, Kailua, HI, Granger, IN, Overland Park, KS, Holladay, UT and Edgewood, KY.

This has been a special report from the editors of Money Magazine, courtesy of the good people over at CNN.com.

Cheers, everyone.

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