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Featured Advisor



Srbo Radisavljevic
Managing Principal/Investment Advisor

Edge Portfolio Management

City:Northbrook

State: IL



BIOGRAPHY:
At Edge, a low client to advisor ratio allows for personal and customized service for each individual.  Our goal is to work as a team for each client to provide not only portfolio management but wealth coordination and financial planning.  We make every effort to have frequent communication with our clients and to provide timely response to calls and emails.  I also enjoy spending time with my wife and three kids, following Chicago sports, enjoying ethnic cooking, and serving as a school board member for Norridge School District 80.

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The Most Affluent Towns in America

Affluent towns in the U.S. are either located near major cities or are remote and removed from the hustle of the big city. 

| BY Kent McDill

No community is likely to hang a banner stating their status as the most affluent town in their state of the union.

But now we know just which communities could do that if they chose to do so.

Thanks to Business Insider, using data from Census Bureau and the American Community Survey, we know now which communities are the most affluent in each of the 50 states in the U.S. The communities examined for this effort had populations of at least 1,000, although it turns out that the most affluent communities turn out to be smaller in population. None of the No. 1 communities in any given state had a population greater than 18,000.

The measure to make the determination was median income of the residents of each community, and the overall winners from the 50 states are Hidden Hills, Calif., and Chevy Chase, Md., each with a median income of greater than $250,000.

Thirteen states had a community with a median income of at least $200,000, and they ranged from all across the country. Clyde Hill, Wash., has a median income of $210,500, while Darien, Conn., had a median income of $200,724. In between is Kenilworth, Ill., with a median income of $229,792.

Among southern states, Texas was represented in the No. 4 spot by Piney Point Village with a median income of $233,636,

With the exception of Chevy Chase and Scarsdale, N.Y. ($232,422) none of these communities are nationally known communities, unless you count Anchorage, which in this case is in Kentucky, not Alaska. Tourists do like Kiawah Island, S.C., ($150,833) but may not have heard of Maunawili ($137,143) in Hawaii. 

The lowest high income community was in Nebraska, where Gretna residents have a median income of $77,818. Ten states had no community with a median income reaching $100,000 but those 10 were scattered, from Alaska (Gateway, $97,269) and Vermont (Jericho, $78,168) in cold weather climates to Mississippi (Madison, $96,780) and Arkansas (Maumelle, $82,122) in the south.

 



About the Author


Kent McDill

kmcdill@spectrem.com

Kent McDill is a staff writer for Millionaire Corner. McDill spent 30 years as a sports writer, working for United Press International and the Daily Herald of Arlington Heights, Ill. From 1988-1999, he covered the Chicago Bulls for the Daily Herald, traveling with them every day through the nine-month season. He also covered the Bulls for UPI from 1985-88, and currently covers the team for www.nba.com. He has written two books on the Bulls, including the new title “100 Things Bulls Fans Should Know And Do Before They Die’, published by Triumph Books. In August 2013, his new book “100 Things Bears Fans Should Know And Do Before They Die” gets published.

In 2008, he resigned from the Herald and became a freelance writer. The Herald hired him to write business features and speeches for the Daily Herald Business Conferences and Awards presentations.

McDill also writes a monthly parenting column for the Herald’s Suburban Parent magazine.

McDill is the father of four children, and an active fan of soccer, Jimmy  Buffett and all things Disney.