The top spot on the list of the wealthiest cities in the U.S. belongs to Atherton, California. Atherton is located just outside of Silicon Valley, and directly between
San Francisco and San Jose, making it one of the most prominent cities in the country. As
Nest Apple explains,
Atherton’s median household income is well over $500,000, which is nearly seven times higher than the national average of around $69,000.
Atherton’s average household income isn’t the only reason this quaint little town is considered the wealthiest city in America, notes
HGTV.
A range of wealthy individuals call Atherton home from tech moguls such as Facebook’s CEO to NBA stars such as Golden State’s Steph Curry.
As
Property Club highlights, Atherton is an exclusive place to live with strict zoning rules that cater to its residents. Atherton is
home to less than 8,000 residents and property values are exponential here. Since Atherton is situated right in the middle of San Francisco and San Jose, residents have easy access to both of these thriving metropolitan areas.