Florida Spot Named The 'Richest Town' In The State
By Zuri Anderson
November 29, 2023
Now that we've looked at the richest city in Florida, it's time to think on a smaller scale. Many wealthy people and families flock to suburbs and towns for various reasons, from privacy and safety to unique attributes you won't find in the bigger cities or major metropolitan areas.
Lending company TitleMax utilized U.S. Census data to determine every state's richest town based on median household income. These locations range from suburbs in metropolitan areas and gated communities to tucked-away neighborhoods.
According to their findings, Florida's most affluent town is Gulf Stream! Located in Palm Beach County, over 950 people call this Fort Lauderdale suburb home. The median household income is $216,250. Gulf Stream has an overall A rating on Niche.
Writers also provided more interesting findings from their study:
"An estimated 6.68% of American households earn more than $200,000, which truly emphasizes just how wealthy these towns are. These towns have the highest percentages of households earning more than $200,000: 1) Monte Sereno, California: 68.8%, 2) Scarsdale, New York: 68.5%, 3) Mission Hills, Kansas: 67.7%, 4) Short Hills, New Jersey: 66.1%, and 5) Cherry Hills Village, Colorado: 60.1%."