REVEALED: 25 cities where the rich are getting richer

In some US cities, the rich are getting richer faster.

The six cities where the wealthy were able to grow their wealth best were all in California and Washington State, according to a new study by GOBankingRates.

Eighteen cities in the top 25 were located in those two West Coast states.

Topping the list was Bainbridge Island, Washington, where the average household increased its income by more than 48 percent between 2019 and 2022.

There, the percentage of households earning more than $200,000 a year increased by more than 56 percent.

Next up was Issaquah, just 20 miles to the east and on the other side of Seattle. There, average income increased 43 percent, according to the study.

It considered 100 cities with the highest mean household income and a minimum of 7,500 households according to the 2022 American Community Survey.

Those two Seattle neighborhoods were followed by four cities in California – Los Gatos, Cupertino, Santa Clara and Menlo Park – where incomes increased between 30 and 40 percent.

But the richest city overall was also Los Altos in California. There, the average household income was just over $400,000. Between 2019 and 2022 that had increased by almost 23 percent.

Massachusetts also featured heavily in the top 25 with four appearances. Those cities were Marblehead, Belmont, Wellesley and Milton.

Forest Hills in Michigan, Florida in Naples and Commack in New York were the only three cities in the top 25 cities that were not in Washington, California or Massachusetts.

All but one of the 25 cities were therefore either on the east or west coast.

Where the rich are getting richer

The 25 US cities where median household income grew fastest

Rank	City	State	2022 Income	Increase (2019-2022)
1	Bainbridge Island	Washington	$214,501	48%
2	Issaquah	Washington	$196,431	43%
3	Los Gatos	California	$305,653	40%
4	Cupertino	California	$283,063	37%
5	Santa Clara	California	$206,379	37%
6	Menlo Park	California	$316,584	31%
7	Marblehead	Massachusetts	$226,566	31%
8	Redwood City	California	$211,981	30%
9	Palo Alto	California	$301,226	30%
10	Mercer Island	Washington	$290,655	29%
11	Sunnyvale	California	$231,726	29%
12	Bellevue	Washington	$208,947	29%
13	Forest Hills	Michigan	$219,755	28%
14	Belmont	Massachusetts	$227,993	28%
15	Calabasas	California	$257,894	28%

This article originally appeared on Daily Mail