If you want to start 2016 by building your roster of high-net-worth and ultra-high-net-worth clients, these wealthy cities and communities are the ones you should be targeting.
These might be smaller cities located within bigger metro areas, or small, exclusive communities. They may also be called a "Census-designated place" or CDP, which identifies a concentration of population that is classified as such for statistical purposes by the U.S. Census Bureau.
Analysts at FindTheHome.com, a website that tracks real estate trends, took a look at the average per capita income in American cities larger than 4,000 people from the data provided by the Census' American Community Survey (ACS). The ACS is an ongoing survey that provides vital information on a yearly basis about the United States.
The analysts spotted different trends within the demographics in these affluent communities, where opportunities abound for advisors across the nation. For example, the wealthiest communities are usually located near major metro areas, which provide higher-paying jobs. Also, the population might be highly educated because the skilled nature of many high-paying jobs requires it. The report also found that affluent areas tend to attract married couples who have, or are planning on having, children.
So, which places made it onto the list? Keep reading to find out.
No. 20: Piedmont, Calif.
The City of Piedmont is located in Alameda County, Calif., and is surrounded on all sides by the city of Oakland. Today, it is mostly residential and a semi-suburband city.
Population: 10,957.
Average per capita income in Piedmont: $101,794.
Average per capita income in California: $29,906.
Percentage with bachelor's degree or higher: 84%.
Percentage married: 71%.
No. 19: Short Hills, N.J.
Located within the Millburn Township in Essex County, N.J., the city is a popular "commuter town" for people who work in New York City. In 2014, Time magazine named it the "Richest Town in America."
Population: 12,729.
Average per capita income in Short Hills: $102,528.
Average per capita income in New Jersey: $36,359.
Percentage with bachelor's degree or higher: 88.7%.
Percentage married: 73.4%.
No. 18: Glencoe, Ill.
Glencoe is a village in Cook County, Ill., located on Chicago's suburban North Shore. According to the Village of Glencoe website, it is "one of the most attractive business districts along the North Shore."
Population: 8,824.
Average per capita income in Glencoe: $103,788.
Average per capita income in Illinois: $30,019.
Percentage with bachelor's degree or higher: 85.3%.
Percentage married: 73.7%.
No. 17: Fox Chapel, Pa.
A borough of Allegheny Country and a Pittsburgh suburb, Fox Chapel is convinently located just 6 miles northeast of downtown. Fox Chapel is also 100 percent residential, its website says.
Population: 5,397.
Average per capita income in Fox Chapel: $104,737.
Average per capita income in Pennsylvania: $28,912.
Percentage with bachelor's degree or higher: 85%.
Percentage married: 70.1%.
No. 16: Pelican Bay, Fla.
Even though Pelican Bay is not a city, it is part of the Naples-Marco Island Metropolitan Statistical Area. The area is divided into residential and common areas, and includes a mangrove forest that is a natural resource protected area.
Population: 5,426.
Average per capita income in Pelican Bay: $105,516.
Average per capita income in Florida: $26,499.
Percentage with bachelor's degree or higher: 63.1%.
Percentage married: 78%.
No. 15: West University Place, Texas
Often referred to as "West U," this city is located near Houston. It is mostly a commuter city made up of upper-class families. The name comes from the area's proximity to Rice University.
Population: 15,223.
Average per capita income in West University Place: $106,583.
Average per capita income in Texas: $26,513.
Percentage with bachelor's degree or higher: 88%.
Percentage married: 68.9%.
No. 14: Bronxville, N.Y.
A small village only 15 miles from midtown Manhattan, Bronxville prides itself in having a community spirit and beautiful architecture, according to its website.
Population: 6,378.
Average per capita income in Bronxville: $107,327.
Average per capita income in New York: $32,829.
Percentage with bachelor's degree or higher: 80.2%.
Percentage married: 61.6%.
No. 13: Kentfield, Calif.
Located near San Rafael, Kentfield is not exactly a city, but a CDP.
Population: 6,667.
Average per capita income in Kentfield: $109,976.
Average per capita income in California: $29,906.
Percentage with bachelor's degree or higher: 76.5%.
Percentage married: 63.4%.
No. 12: Hunters Creek Village, Texas
Located west of Houston, Hunters Creek Village is also northwest of West University Place. The city was incorporated in 1954, according to its website.
Population: 4,545.
Average per capita income in Hunters Creek Village: $112,585.
Average per capita income in Texas: $26,513.
Percentage with bachelor's degree or higher: 84%.
Percentage married: 74.4%.
No. 11: Scarsdale, N.Y.
One of the northern suburbs of New York City, Scarsdale is a town with its own village government.
Population: 17,471.
Average per capita income in Scarsdale: $113,535.
Average per capita income in New York: $32,829.
Percentage with bachelor's degree or higher: 86.7%.
Percentage married: 73%.
No. 10: Old Greenwich, Conn.
A CDP with its own ZIP code, Old Greenwich is within the Greenwich city limits and is known for its tight-knit community feel. The town was also featured in an article in The New York Times.
Population: 6,520.
Average per capita income in old Greenwich: $115,502.
Average per capita income in Connecticut: $38,480.
Percentage with bachelor's degree or higher: 84%.
Percentage married: 71.3%.
No. 9: Cherry Hills Village, Colo.
One of the most affluent places in Colorado, Cherry Hills Village is located south of Denver's downtown. The village was featured in an article in Forbes, which named it as one of the 25 top places to retire rich. Cherry Hills Village has hosted three U.S. Open golf tournaments.
Population: 6,234.
Average per capita income in Cherry Hills Village: $120,898.
Average per capita income in Colorado: $31,674.
Percentage with bachelor's degree or higher: 77.5%.
Percentage married: 72.6%.
No. 8: The City of The Village of Indian Hill, Ohio
Yes, that's the full name of this city. An affluent suburb of the Greater Cincinnati area, this "village" was designated a city in 1970 after its population exceeded 5,000.
Population: 5,802.
Average per capita income in The Village of Indian Hill: $121,411.
Average per capita income in Ohio: $26,520.
Percentage with bachelor's degree or higher: 86.3%.
Percentage married: 77.2%.
No. 7: Los Altos Hills, Calif.
Los Altos Hills is a "Silicon Valley residential community" adjacent to the city of Los Altos, just five miles south of Stanford University.
Population: 8,244.
Average per capita income in Los Altos Hills: $123,127.
Average per capita income in California: $29,906.
Percentage with bachelor's degree or higher: 82.8%.
Percentage married: 72.7%.
No. 6: Highland Park, Texas
Only 4 miles north of downtown Dallas, Highland Park is a town known for the Dallas Country Club, for its parks and for being one of the most expensive neighborhoods in the area.
Population: 8,796.
Average per capita income in Highland Park: $123,793.
Average per capita income in Texas: $26,513.
Percentage with bachelor's degree or higher: 83.3%.
Percentage married: 66.6%.
No. 5: Woodside, Calif.
Woodside is a small town that is part of San Mateo County. It is known for being home to many of the Silicon Valley elite.
Population: 5,427.
Average per capita income in Woodside: $125,559.
Average per capita income in California: $29,906.
Percentage with bachelor's degree or higher: 69.4%.
Percentage married: 62.6%.
No. 4: Hillsborough, Calif.
A small town that started as a ranch, Hillsborough is an incorporated town in San Mateo County. Today, it is a mostly suburban town, dominated by large homes.
Population: 11,148.
Average per capita income in Hillsborough: $127,868.
Average per capita income in California: $29,906.
Percentage with bachelor's degree or higher: 75.7%.
Percentage married: 71.2%.
No. 3: Palm Beach, Fla.
The town of Palm Beach is best known for its beautiful beaches, mansions and resorts. Its first hotel opened in 1880 — the Coconut Grove House.
Population: 8,344.
Average per capita income in Palm Beach: $129,941.
Average per capita income in Florida: $26,499.
Percentage with bachelor's degree or higher: 61.3%.
Percentage married: 57.9%.
No. 2: Atherton, Calif.
The town of Atherton California is easily recognized by the many oaks and ornamental trees that cover its six square miles, according to its website.
Population: 7,034.
Average per capita income in Atherton: $144,197.
Average per capita income in California: $29,906.
Percentage with bachelor's degree or higher: 83.3%.
Percentage married: 63%.
No. 1: Portola Valley, Calif.
Reminiscent of its pastoral past life, Portola Valley has 1,900 acres of permanent open space within the town, with only around 1,700 households today, its website says.
Population: 4,478.
Average per capita income in Portola Valley: $152,128.
Average per capita income in California: $29,906.
Percentage with bachelor's degree or higher: 78.6%.
Percentage married: 64.9%.
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