TOP 10 RICHEST CITIES IN THE USA 2018

TOP 10 RICHEST CITIES IN THE USA 2018

The United States of America is a federated republic of 50 states, one federal district, and other territorial enclaves. The USA is the world’s foremost economic, military and cultural power with an unparallel global influence. Its diversity is unparallel too as it is the second home of immigrants. { Top 10 Richest Cities In The USA }.

A city, in the USA, is a place where people live, be it towns, village, hamlets and not the technical term “city”. There are presently over 35,000 cities according to the United States Geological Survey, but only 4000 of these cities qualifies for the term city based on the definition, but to the US, the term is a general term.

How do we now calculate the most affluent cities in the US? we calculate the top populated cities (who are above 100,000) in the US by analyzing multiple indices apart from personal income, and 300 of such places were compared on the 3 indices of poverty level, median household income and unemployment rate tallied from the census data of the American community survey from 2012-2016 and  an average was calculated to get the rank list, and the city with the lowest average score ranked the wealthiest in the United States.

TOP 10 RICHEST CITIES IN THE USA 2018

  • #1. FRISCO CITY(TEXAS)

This is the most affluent city in America, located in the Collin and Denton counties in the state of Texas and the suburb of Dallas-Fort-Worth Metroplex. Frisco is home to professional sports teams, world-class shopping, arts and accommodation which serves most professionals working in the Dallas-Fort-Worth Metroplex.

The city is a “general law city” which operates a city council-city manager form of Government, which involves a 7member council elected by the residents for a 4year term, and are saddled with the responsibilities of ordinance enactment, determine policies and adopt budgets and to appoint a council-manager, who is the city administrator. The city is within Texas district 3 congressional district in the House of Representatives.

Richest Cities In The USA

Frisco – Richest City In The USA

Economically, Frisco City is a residential and service area with the presence of corporate headquarters that include Oracle corporations, T-Mobile USA, Amerisource Bergen Specialty Group, HCL Technologies, Kenexa, Randstad Technologies, IKEA and many more. The city main commercial center is the Stonebriar center, a 165 regional shopping mall, and the Frisco shopping mall.

The recent city population is estimated at 174,400 and the Median Household income is $ 117,642, an unemployment rate of 3.9% and a poverty rate of 3.8%.

  • #2. PEARLAND (TEXAS)

Pearland is a city in the Houston-The Woodland-Sugar Land Metropolitan area. It boundaries extends into three counties of Brazoria, Fort Bend, and Harris. Pearland is a commuter town for Texas and its surrounding. the economy also reflects a retail, medical-related companies, and professional industries domination.

Second Richest City In The USA

Pearland

The city is a “general law city” which operates a city council-city manager form of Government, which involves a 7member council elected by the residents for a 4 year term, and are saddled with the responsibilities of ordinance enactment, determine policies and adopt budgets and to appoint a council-manager, who is the city administrator. Pearland city is represented in the US House of Representatives in Texas Congressional District 22.

The population of the city is estimated at 119,700 with a Median household income of $96,954 with an unemployment rate put at 4.0% and a poverty rate of 4.5% also.

  • #3. TOWN OF CARY(NORTH CAROLINA)

This is the second largest incorporated town in the US with territory extending into the wake and Chatham county of North Carolina. It is situated in the heart of the Triangle area of North Carolina between Raleigh and the Research Triangle Park.

The town is named after Samuel Fenton Cary, a congressman and famous prohibitionist 1n 1854 and incorporated on April 6, 1871. The town is famed as the affluent community relocated from outside the South. The town economy is service based as the home to notable businesses such as SAS Institute, Arista Networks, MetLife, Verizon wireless, Lord Corporation,3D solves and Epic Games.

Richest Cities In America

Town Of Cary – Top 10 Richest Cities In The USA

The city is also a “general law city” which operates a city council-city manager form of Government, which involves a 7 member council elected by the residents for a 4 year term, and are saddled with the responsibilities of ordinance enactment, determine policies and adopt budgets and to appoint a council-manager, who is the city administrator. The town is represented in the congressional district 4.

The estimated population of the town stood at 162,025. Town of Cary has a household median income calculated at $94,617, and an unemployment rate of 4.10% and poverty level of 5.9%.

  • #4. CITY OF CENTENNIAL(COLORADO)

Centennial City is an incorporated city situated in the Arapahoe county of Colorado. The incorporation was done in 2001.

Economically, the city is service-based, as it is the international head-quarters home of Alpha-Beta-Phi sorority and IKEA Colorado, other businesses situated here include the Ntioncinemedia and United Launch Alliance. Centennial Is also home to the closest non-commercial airport to Denver and the home to a large fleet of corporate jets.

Richest Cities In The United States Of America

City Of Centennial – Top 10 Richest Cities In The USA

The government of the city is based on the council-manager setting, but here the 8 member council are all part-time officials with the manager appointed by the council acting as the city administrator. The City is covered by the Colorado 6th congressional district in the House of Representatives.

The city current estimated population is 110,000, The unemployment rate and poverty rate are 2.70% and 4.1% respectively.

  • #5. MCKINNEY (TEXAS)

Mckinney is an incorporated city in and the county seat of Collin County. A part of the Dallas-Fort Worth Metroplex. Incorporated in 1848, the city population currently stand at an estimated figure of 178,804. The City is a general law city, thus has a council-manager form of government. The city is covered by the Texas congressional district 3 of the House of Representatives.

Wealthiest Cities In America

McKinney – Richest Cities In America

Economically, the City is regarded by the US census bureau as the third fastest growing economy in the US with mix of industries ranging from medical technology, data management, manufacturing, defense, retail, sustainability, aviation, and transportation The median household income is $83,257, an unemployment rate and poverty rate of 3.5% and 6.9% respectively.

  • #6. FREMONT(CALIFORNIA)

Fremont is an incorporated city in the Alameda County of California. It was incorporated on January 23, 1956, from 5 towns of Irvington, Centerville, Mission San Jose, Niles and Warm Spring. Fremont named after American explorer and First Republican presidential candidate, John C. Fremont in 1856 is located in the San Francisco Bay area in the East Bay region.

The city government is an elected mayor and four other council member who has an oversight function over the city, on a part-time basis. The council will be expanded to take another 2 more officers. The council appoints the Council-manager and attorney. The mayor can also choose an Advisory board subject to the council ratification. Fremont is split into California congressional districts 13th and 15th in the Federal House of representatives.

Freemont is the home of Tesla, Nielsen Norman Group, Antec incorporated, Corsair memory, Ikanos communications, Lam Research, Oplink communications, SYNNEX, DCKAP and Volterra semi-conductor. It is a commercial, industrial and service-oriented economy.

The population of the city is currently estimated at 235,000 and a median income of $111,613 with an unemployment rate of 4.10% and a poverty rate of 5.3%.

  • #7. OVERLAND PARK(KANSAS)

Overland Park is an incorporated city in Johnson County of the state of Kansas. It was incorporated in 1960.

The city economy is service -oriented with healthcare, retail, professional and technical, finances and Information Technology dominating the economy. The city is the World Head-quarter of Sprint Corporation, YRC Worldwide, Ash Grove Cement Company, Black & Veatch, Nestmanth Technologies and many more.

The city operates a mayor-council-manager form of government. The City is under the Kansas 3rd congressional districts.

The estimated population of the city stands at 190,000 and the Median Household income is $74,789 with a poverty rate of 4.0% and an unemployment rate of 2.80%.

  • #8. BELLEVUE(WASHINGTON)

Bellevue is an incorporated city in the region of King County in Washington. It is incorporated on March 16, 1953. The city operates a Mayor-Council-Manager form of government. The council is made up of seven elected members who now elect a Mayor and Deputy Mayor of the council, and also appoints a Council-Manager who has the council operational responsibilities. The city is represented in the Washington 9th congressional district in the Houde of Representatives.

The City is home to many national and international companies of importance. Companies like T-mobile USA, Paccar inc., Pokemon company international, Boeing, Microsoft, HTC, Valve Corporation. Its proximity to Redmond, the home of Microsoft and Nintendo further support the city as an Information technology Hub. Other industries supported include retail, professional & technical and insurance.

The recent estimated population is 141,400 and has a median household income of $100,703, a poverty rate of 7.5% and an unemployment rate of 3.9%.

  • #9. OLATHE(KANSAS)

The city of Olathe is the county headquarters of Johnson County in the State of Kansas. It was incorporated in 1857. Olathe is in the Kansas 3rd congressional district of the House f Representatives

The city economy is dominated by technical, professional, finances and insurance and retail industry, as it is home to Honeywell, Farmers inc., Husqvarna, ALDI, Garmin and many more.

The City is estimated to have a population of 135,500 and a Median household income of $79,691, an unemployment rate of 2.9%

  • #10. NAPERVILLE (ILLINOIS)

NAPERVILLE, is a western suburb of Chicago, in the Dupage and Wills counties in Illinois. Naperville is the 2018 third best place to visit. It was incorporated first as a village in 1857, then as a city in 1890.

The city operates a council-manager form of government. The City is represented in Illinois 11th congressional district of the House of Representatives.

Naperville is situated within the Illinois Technology and Research Corridor, a region of commerce and industry that serves as homes to many Fortune 500 companies, such as Toyota, Nokia, BP, Nicor, Tellabs, Nalco, Calamos etc.

The current estimated Population of Naperville is 145,048 and boasts of a Median Household Income of $110,676, and a poverty rate of 4.9% and an unemployment rate of 4.3% respectively.

The list of the top affluent cities in the US is meant to show where the good jobs are concentrated so as to know where to make your living. These cities all have low poverty rate and an unemployment rate that is below US standard.

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CONCLUSION ON THE TOP 10 RICHEST CITIES IN THE USA 2018

We have discussed and analyzed different cities in the USA, their economy, population, employment and various information in regards to each state. we also made a brief discussion of United States of America, and some notable features of the country, it is a write up worth reading, sit back and go through each paragraph to broaden your horizon.

Tags: Top 10 Richest Cities In The USA, Wealthiest Cities In The United States Of America

One Response

  1. Jonas Sulk July 14, 2018

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