BusinessWeek recently listed America's top 25 wealthiest towns, according to an analysis done by Little Rock's Gadberry Group, which ranked communities based on the average 2008 net income and 2008 net worth of their residents.
Brookville had an average net worth of $1.67 million-the highest on the list, and the average annual income of $328,000 was the nation's seventh-highest.
According to the report, the wealthiest towns are found in a number of states across the country, but there was a fair amount of clumping. For example, nine towns on Long Island's North Shore made the list: Brookville (1), Roslyn Estates (6), Oyster Bay Cove (8), Old Westbury (10), Muttontown (13 - tie), Munsey Park (13-tie), Lloyd Harbor (14), Sands Point (15) and North Hills (19).
Some interesting notes about the statistics are that all of the towns that made the list had fewer than 10,000 households and the income and net worth data were collected before the economy collapsed at the end of 2008.
Households: 848_
Average income: $328,404_
Average net worth: $1,670,075_
_Households: 359_
Average income: $298,935_
Average net worth: $1,664,191_
_Households: 1,050_
Average income: $317,661_
Average net worth: $1,625,524_
Households: 926_
Average income: $295,758
_Average net worth: $1,645,570_
Households: 1,202_
Average income: $313,598_
Average net worth: $1,603,583_
Households: 850_
Average income: $279,344_
Average net worth: $1,652,375_
_Households: 736_
Average income: $264,925_
Average net worth: $1,658,956_
_Households: 2,189_
Average income: $271,024_
Average net worth: $1,608,262_
By comparison, Elmont has an average household income of about $75,000 and an average household net worth of about $688,000. Franklin Square has an average household income of about $77,000 and an average household net worth of about $693,000 while West Hempstead has an average household income of $93,000 with an average household net worth of about $793,000. (Source for Elmont, Franklin Square and West Hempstead is NY Times Real Estate.)