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re: Richest town in each SEC state
Posted on 11/30/22 at 8:57 am to Cheese Grits
Posted on 11/30/22 at 8:57 am to Cheese Grits
1
Posted on 11/30/22 at 9:15 am to Colonel Ingus
Don’t confuse income with wealth. People in Bellaire are making first generation money. Also, the wealthiest neighborhood (River Oaks) is dragged down by being part of Houston and not a separately incorporated city.
Posted on 11/30/22 at 9:53 am to MadisonReb10
I grew up in Brandon and live in Madison now. There are some nice neighborhoods but there are also a lot of tiny homes. I would say the wealthiest people don't live in the city limits from my experience although Reunion and Annandale have some very wealthy people
Posted on 11/30/22 at 10:22 am to Ramblin Wreck
The 10 Richest Cities In Mississippi For 2022
1. Madison
Madison, MS
7.5
/10
Population: 25,650
Rank Last Year: 1 (No Change)
Median Income: $119,855
1. Madison
Madison, MS
7.5
/10
Population: 25,650
Rank Last Year: 1 (No Change)
Median Income: $119,855
Posted on 11/30/22 at 10:25 am to dawgman15
quote:
I grew up in Brandon and live in Madison now.
Do you like Madison better? I know it has grown a ton. Here in Brandon we have some beautiful new subdivisions. Some of the homes are pricey but then, you want a Doctor or Business owner moving in, not trash. The one I liked the most got sold. Pissed me off.
Posted on 11/30/22 at 10:44 am to MetroAtlantaGatorFan
quote:
Key Biscayne $166,667 Jupiter $87,163]
It's adorable that you think median income represents wealth.
No idea what Palm Beach's median income is. I do know that the average house goes for $10M, the market maxes out at $350M, and you cannot even buy a house for under $7M.
Most people have their fourth of fifth homes here, or are retired.
Doctors, lawyers, etc. are not rich. Wall Street moguls and Fortune 500 tycoons are.
Jupiter is not wealthy because it has an average income of "$90,000." Jupiter is wealthy because it has $150M beachfront real estate and is the home to billionaires and most PGA pros. For all I know, some town in 30A technically has a higher income than Jupiter or Palm Beach. Palm Beach and Jupiter are still 100000X wealthier than 30A. Average income takes into account the working class that serves as waitstaff and cleanup for the rich. Those who drag down the "average income" do nothing to impact general comparisons of overall wealth.
Posted on 11/30/22 at 10:52 am to ClassicCityAlum
quote:
It's adorable that you think median income represents wealth.
Cool story, but that's not the premise of the thread.
Posted on 11/30/22 at 11:07 am to Ramblin Wreck
Isnt Mountain Brook like one of the 50 most wealthy zip codes in the US or something?
Posted on 11/30/22 at 11:09 am to dawgman15
quote:
I grew up in Brandon and live in Madison now. There are some nice neighborhoods but there are also a lot of tiny homes. I would say the wealthiest people don't live in the city limits from my experience although Reunion and Annandale have some very wealthy people
So a few years ago I went to Jackson for work and I got a hotel downtown. I figured I would walk somewhere for dinner or something. Man I could not have been more wrong. Downtown Jackson was a ghost town. I ended up just getting room service. Now when I travel there I just stay in Pearl
Posted on 11/30/22 at 11:16 am to Ramblin Wreck
Back in the home state (Ga), if you include part-time residents, it would have to be Sea Island with its neighbor, St. Simmons, coming in a distant 2nd. No local in the ATL area is even close.
Posted on 11/30/22 at 11:19 am to Ramblin Wreck
Mountain Brook is not a real town. It’s a suburb of Birmingham. Real towns can stand on their own. These lists always seem dumb to me.
Posted on 11/30/22 at 11:30 am to Sabans straw hat
quote:
Figured Madison would take Alabama too. The one right outside Huntsville
Eh maybe Mountain Brook in Madison, AL..but that's a community/neighborhood not a city
But Madison as a city is nowhere near Mtn Brook, AL as far as wealthiness
This post was edited on 11/30/22 at 11:31 am
Posted on 11/30/22 at 11:36 am to StopRobot
quote:
So a few years ago I went to Jackson for work and I got a hotel downtown. I figured I would walk somewhere for dinner or something. Man I could not have been more wrong. Downtown Jackson was a ghost town. I ended up just getting room service. Now when I travel there I just stay in Pearl
I'm so sorry you had to potentially sacrifice your life like that. Drive up Lakeland Drive (into Flowood). It's literally not more that 3 miles from where you stayed.
Flowood , like Brandon, have cops everywhere. 1000000000 times safer than Jackson, although so is Pearl which is where you stayed.
Posted on 11/30/22 at 11:41 am to ClassicCityAlum
quote:
No idea what Palm Beach's median income is. I do know that the average house goes for $10M, the market maxes out at $350M, and you cannot even buy a house for under $7M.
And what about all of the condos on Palm Beach? FYI - The median income for the Town of Palm Beach in 2020 was about $169K and the median value of owner-occupied housing units was $1.2 million. Head South a few miles to Gulfstream (Population 885) and the median income is $250K and the median property value is $2 million because there only a hanful of condos.
Posted on 11/30/22 at 11:45 am to TeddyWestside
quote:
To be honest, I was expecting a North Fulton/Forsyth suburb
Too big of an area to keep the numbers up.
Posted on 11/30/22 at 11:55 am to Ramblin Wreck
quote:
Senoia, Georgia
Median household income: $82,485 (state: $51,037)
Households earning $200,000 or more: 5.5% (state: 4.6%)
Adults with at least a bachelor’s degree: 36.8% (state: 29.4%)
Median home value: $212,300 (state: $152,400)
Population: 3,889
This one surprised me a little. I live 20 mins.from Senoia(our favorite restaurant is also there) and while it is well off, I would of thought either John's Creek or Milton would of held that title
Posted on 11/30/22 at 11:58 am to LSU82BILL
quote:
And what about all of the condos on Palm Beach? FYI - The median income for the Town of Palm Beach in 2020 was about $169K and the median value of owner-occupied housing units was $1.2 million. Head South a few miles to Gulfstream (Population 885) and the median income is $250K and the median property value is $2 million because there only a hanful of condos.
When you get to a certain level of wealth, income stops being a useful measurement.
Lots of very high net worth people have incomes near zero. They don't work or don't rely on a paycheck to live. The assets are often tied up in individual and/or family trusts for tax purposes.
They may live in a mega mansion with a dozen exotic supercars in the garage, and a yacht moored at their private island. But their personal tax return would make them look like a bum under a bridge.
Posted on 11/30/22 at 12:02 pm to Ramblin Wreck
Soon to be St. George, Louisiana as soon as it's official.
Posted on 11/30/22 at 12:04 pm to Mulkey Man
quote:
There is zero chance this is accurate. Mandeville certainly has higher numbers across the board.
This +1000.
Posted on 11/30/22 at 12:12 pm to Ramblin Wreck
CALIFORNIA
Atherton, California (America's Richest City)
Avg Median Home Price: $7,900,000
Median Household Income: $525,324
Households earning $200,000 or more: 65.1%
Atherton, California (America's Richest City)
Avg Median Home Price: $7,900,000
Median Household Income: $525,324
Households earning $200,000 or more: 65.1%
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