(The highest payment ever was $2,072 in 2015.). Indeed, an hour's drive north of Walt Disney World, you'll find The Villages, a sprawling retirement haven with a high percentage of affluent residents. How Many Millionaires Live In West Virginia? Although the District of Columbia is a magnet for the highly educated seeking high-powered jobs, the downside is that you need a hefty paycheck to live there. After we collected the data for all 25 places with more than 5,000 people in West Virginia, we ranked each place from 1 to 25 for each of the criteria, with 1 being the richest. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. And one of them Glen Taylor, CEO of printing firm Taylor Corp. is the richest of them all, with a net worth of $3.1 billion. Seniors, however, catch a break. When it comes to where millionaires live in America, the rich keep getting richer. SammamishMost Affluent Small Cities: 50,000 to 100,000 Residents. Abigail Johnson, CEO and chairwoman of Boston-based Fidelity Investments, is the state's wealthiest resident with a net worth of $14.1 billion. In some municipalities, combined state and local sales taxes exceed 10%. Manhattan and Brooklyn are the first- and fourth-most expensive places to live in the country at a whopping 145.7% above the U.S. average. But you don't have to go to Las Vegas to rub elbows with the Silver State's millionaires. Michael Saylor. 8 Safe High-Yield Dividend Stocks Offering 5% or More. The cost of living for Illinois is 1.9% below the U.S. average, but taxes can take quite a toll. The average property tax on a $400,000 home in New York is about $7,246, which is the fourth-highest average in the country. In West Virginia, Lewisburg is the only city home to a billionaire. On the other hand, the ratio of median income to median home values is very favorable. West Virginia's educational attainment levels are on the low side, with the lowest percentage of adults with a Bachelor's degree or higher, and has the second-lowest life expectancy of 74.8. Yet outside of Los Alamos, the state's concentration of millionaires puts it in the bottom 10 in the U.S. 10 Best Value Stocks for Gritting Out the Downturn. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities. Most central bankers supported a quarter-point rate hike at the most recent Fed meeting, but a few backed a half-point one. 8 Dirt-Cheap Index Mutual Funds for Thrifty Investors. The state is 3.5% less expensive than the U.S. as a whole. Expenses in the Granite State run 6% above the U.S. average. They help drive an economy that supports more than 167,000 millionaire households. West Virginia is the second-poorest U.S. state, with a $48,850 median household income and a poverty rate of 17.54%. In the early 1880s, word spread quickly of the discovery of . And rents and mortgages are closing in on triple the national average, making D.C. one of the most expensive cities in the U.S. Indeed, North Carolina's 3,490 chief executives have an average salary of $206,390, according to the Bureau of Labor Statistics. Although living costs are low, Indiana isn't a great state for taxes, whether you're working or retired. Jim Justice, received $5 million to $10 million. Tennessee is known for country music, BBQ and bourbon more than an abundance of millionaires, but the state should get more recognition for its affordability.
