re: Richest town in each SEC state

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.