re: Richest town in each SEC state

quote:

---

There is zero chance this is accurate. Mandeville certainly has higher numbers across the board

---

Everything I can find says you're right:

quote:

---

The average annual household income in Mandeville is $123,716, while the median household income sits at $76,768 per year.

---

Of course, we're full though



ETA: I take that back. Youngsville claps us

quote:

---

In 2020, Youngsville, LA had a population of 14.1k people with a median age of 33.4 and a median household income of $95,925

---

I’m pretty sure Tega Cay has passed Sullivans Island in terms of median income for SC. The beachfront properties skew Sullivans’ numbers. I’m frankly curious on how Kiawah and Seabrook’s numbers were calculated since a lot of their properties are vacation/2nd homes. A lot of wealth is based in SC these days

quote:

---

There is zero chance this is accurate. Mandeville certainly has higher numbers across the board.

---

#plantlife baw

quote:

---

There is zero chance this is accurate. Mandeville certainly has higher numbers across the board.

---

Median household income can be extremely misleading. If you have a town of 100 families, all multi-millionaires with a huge amount of passive income from real estate, it is very possible that some of them are showing zero taxable income on their tax returns. If you are making big investments in new properties, those first years of tax depreciation gets rid of almost all of your income. The high median income areas are likely towns with dual income families where the earners are upper middle age professionals. As you get an older demographic, the median income is going to drop because so much of your income is passive. You already technically earned that money you are living off of.