Chevy Chase Ties for Most Affluent Town in the U.S.
Chevy Chase, MD
Chevy Chase’s reputation as a wealthy enclave is apparently, well, richly deserved.
A new analysis of the 2008-2012 American Community Survey looked at the towns in each state with the highest median income. Two topped the list with median incomes greater than $250,000: Hidden Hills, CA, a town that several celebrities call home, and Chevy Chase, MD.
Business Insider put together a map showing each state’s toniest town. The map features towns with at least 1,000 residents, and by its measure, Chevy Chase comes out on top. The next toniest suburb after Chevy Chase and Hidden Hills is Short Hills, NJ, where the median income sits at $235,799.
You can check out the map for yourself here:
Hidden Hills has a population of about 1,900, according to the last census; according to the same data, the town of Chevy Chase has a population of 2,900 living on .47 square miles. Unsurprisingly, Hidden Hills is larger, at 1.689 square miles.
On the other end of the spectrum is Gretna, Nebraska, where the median income is $77,818.
Photo of Saratoga Avenue in Chevy Chase, courtesy of TruPlace.
This article originally published at https://dc.urbanturf.com/articles/blog/chevy_chase_ties_for_most_affluent_town_in_the_u.s/8969.
Most Popular... This Week • Last 30 Days • Ever
It has been a good start to the year for high-priced homes in the DC region.... read »
Roadside Development filed a sketch plan with Montgomery County this month for the 30... read »
The Matthew is located on 9th Street, overlooking the iconic Naylor Court and neighbo... read »
Dan Snyder donates house to charity; DC records priciest building sale since 2022; an... read »
This week's Best New Listings include an award-winning craftsman, a condo in a former... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro