>
These are the wealthiest towns in the U.S.
February 15, 2019

From Bloomberg:

The Silicon Valley town that billionaires Eric Schmidt of Google and Facebook's Sheryl Sandberg have called home is America's richest community for the third year in a row.

Atherton, California, whose household income averaged $450,696 in 2017, topped the Bloomberg Richest Places annual index.

Atherton Mayor Bill Widmer said the tree-lined streets and lot sizes of at least an acre offer residents privacy with Stanford University, Google and Facebook all a short drive away.

"We value a semi-rural environment," said Widmer, who moved to Atherton in 1996. "There are few sidewalks and many places don't have streetlights."

Scarsdale, New York, north of Manhattan, moved up to the No. 2 spot on this year's list as its residents enjoyed a $30,000 increase, on average, in annual household income from the prior year.

"We moved here, as many did, because of the outstanding school system," said Scarsdale Mayor Dan Hochvert, a 40-year resident. "That's one of the primary drivers."

Continue reading at Bloomberg...

You may also like

'Gray Divorce' is causing financial damage to couples over 50

"Splitting up after age 50 – often called 'gray divorce' – may be particularly hazardous to your emotional and financial health, far worse than doing so at younger ages."

Millennials are moving west

"Millennials may not be the 'Great Generation,' but they're the largest group of Americans in the labor force, with the power to reshape industries."

The most popular states for vacation homes in the U.S.

"When it comes to vacation homes, fresh lobster and the opportunity to play in fresh powder is apparently more appealing than year-round sunshine."