California Dominates List of Richest U.S. Cities; Los Altos Tops Rankings with Average Household Income Over $400k
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California dominates the list of places where the rich are getting richer, with 7 cities in the top 10 and 37 cities overall.
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Los Altos, CA tops the list with an average household income over $400k in 2022.
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78 of the 100 cities analyzed have an average household income of $200k or more.
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Bainbridge Island and Issaquah, WA near Seattle saw the biggest 3-year growth in household incomes (48% and 43% respectively).
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Even a $100k salary may not be enough in some of the most expensive metro areas when accounting for cost of living.