The Five Richest Small Towns in America

[MULTIZ321]

America's Richest Small Towns - By Venessa Wong, Bloomberg Businessweek/Yahoo!RealEstate

They all have median home values over $2 million, and three are in one state.


Richard

 

[luv2vacation]

I was just reading that article this afternoon. Wasn't at all surprised by the results.

 

[Patri]

Sagaponack, N.Y.
Jupiter Island, Fla.
Kings Point, N.Y.
Los Altos Hills, Calif.
Water Mill, N.Y.


For those who would like to know the answer without clicking the link. (My preference, but I had a little free time).

 

[IreneLF]

Had never heard of Water Mill.
Turns out it is a little hamlet, part of Southampton - population 1724.

 

[k20ep3]

wow what a surprised that celebration, Fla is not on there

 

[caribbeansun]

I see they actually kept referring to this list as the Most Expensive Small Towns in the article - guess they don't know how big the mortgages are on these properties...

http://realestate.yahoo.com/promo/americas-richest-small-towns.html
They all have median home values over $2 million, and three are in one state.


Richard

 

[Icc5]

Los Altos

Sagaponack, N.Y.
Jupiter Island, Fla.
Kings Point, N.Y.
Los Altos Hills, Calif.
Water Mill, N.Y.


For those who would like to know the answer without clicking the link. (My preference, but I had a little free time).

We used to have the same zip code as Los Altos Hills when I lived in Los Altos but the post office changed that and we lost about $300,000 in house value because of it. What a difference a zip makes.
Bart

 

[pranas]

wow what a surprised that celebration, Fla is not on there

Not with a median household income of $74,231, (males having a median income of $51,250 versus $46,650 for females) and 6.2% of the population and 4.3% of families living below the poverty line.

 

[LisaH]

We used to have the same zip code as Los Altos Hills when I lived in Los Altos but the post office changed that and we lost about $300,000 in house value because of it. What a difference a zip makes.
Bart

What zip code do you have now? 95014? Sorry we dragged you down...

 

[nightnurse613]

Those zip code changes can kill ya! A friend of ours had the zip code change (without ever moving) and his auto insurance went up $300 a year!

 

[Icc5]

Higher auto insurance

What zip code do you have now? 95014? Sorry we dragged you down...

Yes, we sold that house 2 years ago and now live in Cupertino with 95014 for our zip and our auto insurance did go up on all 3 cars because of the move to Cupertino. Must be less safe three blocks away on the same street.
Bart