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This Westchester Locale Ranks Among Nation's Richest In New Survey

This waterfront community in Westchester is ranked among the nation's richest towns in a new national survey.
This waterfront community in Westchester is ranked among the nation's richest towns in a new national survey. Photo Credit: Jon Craig

The typical American household earned $55,322 in 2016, roughly $4,000 higher than 2009’s median income of $51,425, according to 24/7 Wall St.

In a number of small towns throughout the nation, more than half of households earn nearly three times the national median. This is true in one Westchester community, according to a recent 24/7 Wall St. report.

Rye ranked 30th nationwide, according to this analysis, with a median household income of $162,394 and median home value of $1,107,000.

Also, more than 73 percent of the adults living in Rye are college-educated, with at least a bachelor's degree. Higher education is often a leading indicator of career growth and rising wealth, according to the report.

To determine America’s richest towns, 24/7 Wall St. reviewed household income data from the U.S. Census Bureau’s American Community Survey in every American town with a population between 1,000 and 25,000. For comparison purposes, boroughs, census designated places, cities, towns, and villages were considered.

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