Just outside of Birmingham is Hoover, Alabama, a small town where nearly a third of families earn more than $125,000 per year and the tax rates are low. And in the deep south, a large income will go a long way.
Average median household income: $81,038
Tax rate for the typical family: 5%
State and local taxes for the top 1% of families: 5%
North of Austin, this affluent town has median value top-tier homes selling for less than $500,000, and is in a state with no income tax.
Average median household income: $76,295
Tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3.1%
Just outside of Indianapolis, Fishers offers top tier homes under $400,000 and median six-figure incomes in a state where the cost of living is low. Even though Indiana does have state income tax, it's fairly low.
Average median household income: $101,469
Income tax rate for the typical family: 3.23%
State and local taxes for the top 1% of families: 6.8%
Boca Raton is full of top tier homes and high incomes. Couple that with no state income tax in Florida, and it's a great place for affluent families to live comfortably.
Average median household income: $76,218
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 2.3%
Newton, a suburb of Boston, Massachussetts, has low taxes and about 50% of families make more than $125,000 per year. But, a nice home will cost well over $1,200,000 here.
Average median household income: $133,853
Income tax rate for the typical family: 5.05%
State and local taxes for the top 1% of families: 6.5%
Very near other affluent Indianapolis suburb Fishers, Carmel, Indiana is another town where residents can make their dollar stretch and buy a top-tier home for less and live well affordably.
Average median household income: $109,201
Income tax rate for the typical family: 3.23%
State and local taxes for the top 1% of families: 6.8%
McKinney, Texas offers nice homes and low income taxes, and about a third of families earn $125,000 per year or more.
Average median household income: $87,608
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3.1%
Just across Lake Washington from Seattle, Kirkland is a suburb of affluent families in a state with no income taxes. But, it's not necessarily as affordable as other places on this list, with a median nice home costing over $1,200,000.
Average median household income: $104,319
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3%
South of Kirkland and west of Seattle, Bellevue is another city with high incomes and high home prices — but affordable taxes, even for the wealthy.
Average median household income: $105,402
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3%
This suburb of Dallas offers affordable homes and living, easy access to the city, and high median salaries on top of no state income tax.
Average median household income: $88,579
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3.1%
Outside of Houston, this affluent suburb on the bay is ideal for high-income families. Over a third of families make more than $125,000 per year, and top-tier homes go for less than $400,000.
Average median household income: $100,996
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3.1%
Pearland, Texas is another Houston suburb with high incomes and affordable living for wealthy families.
Average median household income: $102,224
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3.1%
Another Dallas suburb makes the list, with Allen, Texas in the top three. This is another Texas town with high incomes, low top-tier home prices, and over a third of residents earning more than $125,000 or more.
Average median household income: $104,132
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3.1%
This Houston suburb is an ideal place for high-earning families to enjoy low taxes, great home values, and many other families just like them — about 45% of families here make more than $125,000 per year.
Average median household income: $108,994
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3.1%
Frisco, Texas is the best place for affluent families for the US, thanks to Texas's no income tax policy and low home prices.
Average median household income: $120,701
Income tax rate for the typical family: 0%
State and local taxes for the top 1% of families: 3.1%
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