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Where Exactly Do The Top 1% Live?

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Where Exactly Do The Top 1% Live?

Many people are fascinated with the lifestyle of the rich and famous, commonly referred to as the "1 percent" crowd. While it might be correct in concluding that the country's wealthiest individuals live in New York City, Los Angeles and Miami, the county with the highest average income of the top 1 percent is actually found in Teton, Wyoming, according to the website How Much.

Teton includes the town of Jackson Hole and the affluent Jackson Hole skiing area and attracts the world's wealthiest individuals, such as Saudi Prince Alwaleed bin Talal.

Former Vice President Dick Cheney and Christy Walton, the world's richest woman, and John Frankly Mars, Chairman of the candy company Mars, Inc. all call Jackson Hole home.

Related Link: Asian Millionaires Now Surpass North American Millionaires

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The average income of the top 1 percent of earners in Teton is $28.163 million.

New York City still boasts the single greatest number of billionaires, and the average income of the top 1 percent of earners there was $8.143 million.

Nearby Fairfield, Connecticut, ranked third at $6.061 billion.

La Salle, Texas, ranked fourth at $6.021 million, followed by Pitkin, Colorado, at $5.29 million.

 

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Posted-In: 1% Alwaleed Bin Talal Christy Walton Dick Cheney How Much John Frankly MarsMedia General Best of Benzinga