I am waiting for the American Community Survey of 2005-10 to update the Higley 1000. However, there are some new places that are bubbling up as possible neighborhoods when the new Higley 1000 is created anew next year. A database by “Caspio” and published on the web by G. Scott Thomas on the website The Business Journal on Numbers brought together 12 categories on income, education and house values to come up with a ranking of affluence for over 14,400 communities with at least 1,000 residents. The article appeared on the web on September 16th and it rated Chevy Chase Village just outside of the District of Columbia, as the most affluent village in the land. The unfortunate community of East Fork, Arizona came in dead last.
Below is a map of the United States with 15 places of new concentrations of wealth or older one’s that are moving up the ranking tables. A short synopsis of each place is provided by clicking on the map markers.
Why these particular 15? Some are witnessing renewal through teardowns and remodelings. Two of them (Kiawah Island, South Carolina and Spring Lake, New Jersey) represent the trend for summer home places to become first homes where the Census counts income. Similarly, East Hampton, Water Mill, Northwest Harbor, and Southampton on Long Island have seen their rankings of affluence climb due to this trend. These communities did not make the list due to the fact that not enough of the new affluent homeowners have moved to these places to statistically overwhelm the lower income locals engaged in servicing the much larger seasonal population.
Only two on the list of 15 are truly “new”: Darnestown, Maryland, an exurban extension of the Bethesda-Potomac-Travilah corridor, and Del Rio, a country club development found just north of the California’s central valley city of Modesto.
View 15 Up & Coming Places of Affluence in a larger map