100 richest cities in america

25% of the total families in US don't even have $10,000. Yet another New Jersey community to make this list of the wealthiest towns in America, Essex Fells is just a short drive west of Glen Ridge. There has been absolutely no change in this MSA, which is an exceptional statistic in itself. ALSO READ: 9 Oil and Gas Stocks Analysts Want You to Buy Now, 5. Old Westbury lies in the heart of Long Island, about 30 miles east of midtown Manhattan. Many of the top-paid employees in the New York metropolitan area work in finance, and Scarsdale also has a high concentration of employment in the sector. The Chicago metropolitan area, where Winnetka is located, is not known for having a particularly expensive housing market -- the median home value there was just $206,300, 68th among large metro areas. Some 9.2% of the metro area labor force work in the finance, insurance, and real estate industry, one of the largest shares of any U.S. metro area. Part of greater Boston, Wellesley is home to three collegesWellesley College, Babson College, and a campus of Massachusetts Bay Community Collegewhich makes it no surprise that the city has the fifth highest percentage of adults with at least a bachelors degree. Some 42.7% of adults in Trenton have a bachelors degree or higher, compared to 31.3% of American adults nationwide. Since the onset of the coronavirus pandemic and the shift to flexible working, companies require less office space and many employees moved to smaller cities to improve their quality of life and lower their cost of living. Nicknamed The Insurance Capital of the World, Hartford is home to some of the largest health insurance companies by revenue, including Aetna and Cigna. New York, for example, has already seen a 12% drop in wealthy individuals in 2022, while Los Angeles saw a 6% decline and Chicago's proportion of ultra-wealthy citizens fell by 4%. Considering how many A-listers have walked the streets of Brentwood, you might be surprised to find that the median home value is $1,064,755, notably less than the homes in the greater San Jose area (a.k.a. In San Francisco, just 2.7% of the labor force is unemployed, one of the lowest jobless rates in the country. Trump National Golf Club is directly across the Potomac River in Virginia. And of the residents, women hold the majority, with roughly 92 men for every 100 women in the city. Living in the city will cost you though. Residents of these wealthy communities work in a high-skill and high-paying position, and West University Place is no different. We may earn commission on some of the items you choose to buy. Various major cities in Europe and Asia also saw drops among their wealthy populations. While the wealth of the city is high, the poverty rate is notably low, at just 2.5 percentthe 11th lowest of 1,775 cities. At one point or another, Dolly Parton, Taylor Swift, Keith Urban, Sheryl Crow, and Eli Manning have all called the upscale city home. Also from the ACS, we reviewed poverty rates, median home values, educational attainment rates, the shares of households making less than $10,000 and more than $200,000, as well as the percentage of households that are married, and have children. All four showed gains in household earnings from 4 percent to 15 percent from the prior year. WebAn income of $0.88 in Birmingham equals an income of $1.27 in San Jose with the U.S as a whole having an average PCPI of $1.00. While 86% of adults nationally had at least a high school diploma, at least 97% of adults in the wealthiest city did. A number of the wealthiest metropolitan areas in the country can be found on the West Coast, and nearly all of these in California. The capital of Utah and its most populous city is also one with a great opportunity for earning well. Houston also has one of the fastest growing millionaire populations, according to the report. Use this visualizationNew York boasts the largest GDP of any metro area in the U.S. at $1.8T, the same size as the entire Canadian economy.Los Angeles also has a GDP over $1T, roughly the same size as Malaysia.Other large cities have enormous economies. Even smaller American cities have enormous economic weight. With a high median salary comes a high standard of living and a high cost of living, all of which is applicable completely to Boulder in Colorado. Los Altos Hills is home to numerous tech billionaires includingSergey BrinandYuri Milner. The wealth of the top 1% was 30% then, still a lot, but at least 10% below what it is now. The average in Clarendon Hills, Illinois, about 25 miles west of downtown Chicago, jumped 15 percent in 2016 from the prior year to break into the top 100 for the first time with a tally of $199,325. In comparison, just 6.4% of all American households earn $200,000 or more per year. Median salary in the city in 2019 in USD: 83,985, Median salary in the city in 2018 in USD: 79,079. This abandoned high school was converted into a 31-unit apartment building, Hewlett-Packard Enterprise relocating to Houston. (That said, the latest five-year ACS accounts for years 20142018. More:Is your city's population keeping pace? Area colleges and universities awarded 17,891 degrees in 2015 alone. From 2012 to 2022, Scottsdale saw an 88% millionaire growth rate and is home to 13,900 millionaires, 60 centi-millionaires, and five billionaires, according to the report. Additionally the city boasts the 11th lowest poverty rate, at just 2.5 percent. As is the case with most of the wealthy cities on this list, married families make up a much higher proportion of Orindas population. The metro areas of Washington, D.C., New York City and San Francisco's Bay Area naturally dominate the top spots. ALSO READ: The Healthiest County in Each State, 3. While just 32.8% of Oakland households included a married couple, 76.9% of Piedmont households did. Nationally, 15.4% of the population lived below the poverty line. Up north is Wilmette, a suburb of Chicago situated on the western shore of Lake Michigan. The exception is the Seattle-Tacoma-Bellevue metropolitan area, which has a median household income of just under $80,000. But this would only show the affluent and well off population, those who had actually attained success and not be representative of the entire city. Although Los Altos isnt the wealthiest city in the U.S., it does boast the highest median home value. Median salary in the city in 2018 in USD: 80,469. Of course, only families with a certain level of income have the luxury of these options. These two cities are a model case of income disparity in small geographic areas. More:Teacher pay: States where educators are paid the most and least. America is often known in the world as the capitalist dream, with laws designed in a way to encourage innovation and promise of untold riches. In 1989, the bottom 90% had a third of all wealth, now down to a quarter. Dix Hills is in the greater Huntington area in Long Island, New York. Amazon, Microsoft, Facebook, and Google all are major area employers. The typical Boulder household earns $74,615 a year compared to the $65,685 statewide median and the $57,617 median income nationwide. Higher education can open doors to higher paying jobs, and areas with more college-educated adults often have higher income levels. This means that the drops in wealthy populations are not solely related to people moving to different cities there are also simply fewer people who fall into the category. Piedmont services the Bay Area, and those employed are much more likely to work in the professional and business sectors. The richest communities in America for years have been in Silicon Valley and the New York City area. Its also where you find the longest-running polo club in the United States, Meadow Brook Polo Club. The wealthiest metropolitan areas are typically home to large college-educated populations. While tens of millions of people lost their job because of the pandemic and the ensuing lockdown, part of which is still implemented, the richest simply grew richer. The metropolitan area serving the district, which includes parts of Virginia, Maryland, and West Virginia, has a median household income in excess of $95,000. ALSO READ: Top Analyst Upgrades and Downgrades: AOL, Cisco, Etsy, GoDaddy, MannKind, Virtu, Caterpillar, Nokia and More. And, as a fun fact, once upon a time F. Scott Fitzgerald lived in Westport, as did Martha Stewartboth of whom only add to the citys lavish appeal. Yet, because we will follow anyone with a comparatively higher success rate than us, we still worship these people even as we don't know where our next paycheck will come from, while they worry about the size of the yacht they should be getting. As in most of the wealthiest American towns, more than 44% of households in University Park reported incomes of at least $200,000, many times the less than 5% of households across the nation. Fisher Island, a 216-acre barrier island near Miami, is once again the wealthiest zip code (33109) with an average income in 2018 of $2.2 million, according to the Bloomberg analysis. Scarsdale, located in the famously-affluent Westchester County, tops this list with an annual median household income close to four and a half times the national median income of $53,046. Los Altos Hills is a Silicon Hartfords median income is bolstered by high paying industries. Source: Bloomberg analysis of data by the U.S. Census Bureau. At the same time, 38.2% of households earned $200,000 or more, versus 4.8% of all U.S. homes. And not just by a million or two. Amazon (NASDAQ:AMZN) founder Jeff Bezos has a net worth of $175 billion today, having more money than several countries across the world. The typical San Francisco area household earns $96,677 annually. There are likely two reasons for this. Despite its extreme wealth and high education rate, University Park has a slightly higher poverty rate, at 3.9 percent, making it the 109th lowest of 1,775 cities. The city is one of the most highly-educated communities in the country. The area also ranks among the wealthiest in the nation. The report finds that around 4% of New York's 8.38 million citizens own investable assets property, cash or stocks worth over $1 million. Goods and services cost 25% more in Urban Honolulu than they do nationwide on average. While a healthy job market is important for any metro area's economy, the kinds of jobs available contribute significantly to income levels. Its also saturated with celebrity homes. Being near a major metropolitan area does not guarantee an affluent community. Of course, such high-paying jobs often require higher education and skill levels. Ask a Fool, More:As Trump blasts illegal immigrants, video captures man's N.Y. rant about Spanish speakers. Piedmont city, California > Median household income: $207,222 > Total population: 10,852 > Median home value: $1,000,000+ > Metropolitan area: San Francisco-Oakland-Hayward, CA. To calculate our rankings, we thought of several ways, including determining the richest cities by the number of millionaire or billionaires they had. West Palm Beach, Florida ranked as one of the fastest growing cities for millionaires and a hot spot for their second homes. 1. Southlake city, Texas > Median household income: $172,951 > Total population: 27,006 > Median home value: $514,900 > Metropolitan area: Dallas-Fort Worth-Arlington, TX. To determine the richest towns in the country, 24/7 Wall St. considered median household incomes from the U.S. Census Bureaus 2013 American Community Survey (ACS). Despite being less wealthy than Westport, Wellesley's typical home value is $1,643,010 as of 2022, according to Zillow. It is a rural place to live but is only a little over an hour away from both Manhattan and the Hamptons, so its a great central location for commuters and beach lovers alike. Companies like Amazon, Google, Meta, SpaceX, and Tesla have expanded their presence in the city. However, the Bay Areas high incomes are more than enough to offset the high cost of living. So let's take a look at the cities where you are more than likely to be well off, rather than not, starting with number 30: Median salary in the city in 2019 in USD: 79,251, Median salary in the city in 2018 in USD: 76,653. Lexington is northwest of Boston, just 10 miles from downtown. Industry composition of these towns is also from the ACS. In nearby Garfield, New Jersey, 18.7% of adults had a bachelors degree. With more than half of all households in the metro area earning at least $75,000 a year, Napa, Calif., is one of the wealthiest metro areas in the United States. Additionally the city has one of the lowest median home values (of the richest cities, that is), listed at $797,480 in 2022, according to Zillow. The U.K.'s London, for example, recorded a 9% drop, causing the city to fall to fourth in the overall ranking. If you want to learn more about how the billionaires got richer, you should consider taking a look at the top 20 richest people in the world. Considering this city has its very own television show centered around wealthThe Real Housewives of Potomacits no surprise that its one of the richest places in America. Glen Ridge borough, New Jersey > Median household income: $167,101 > Total population: 7,561 > Median home value: $581,400 > Metropolitan area: New York-Newark-Jersey City, NY-NJ-PA. Nearly 40% of households in the borough of Glen Ridge reported incomes of at least $200,000, compared to just 4.8% of households nationwide. 10. Just 7.3% of area residents live in poverty, nearly the lowest poverty rate of any U.S. metro area and about half the U.S. poverty rate of 14.0% and the California rate of 14.3%. However, the cost of living is relatively high in the state thanks, in part, to the cost of transporting goods across difficult terrain. The city is very family oriented, with 60.5 percent of the 6,414 households including children and 88 percent of homes inhabited by married couples. Housing is a significant component of the areas high cost of living. Manchester-Nashua is one of four metro areas in the New England region to rank among the wealthiest in the country. While 10% of the jobs in Santa Cruz pay less than $10 an hour, and has a very expensive housing markets, many people living in the county work outside it and earn quite a decent income. Almost 20% of the countys households earn at least $200,000 a year, the third highest share among metro areas and triple the U.S. share. Its average household income of $219,654 paired with a low Gini indicates the majority of households are similarly well-off. In Scarsdale, New York, the wealthiest city, 82.7% of households consisted of a married couple, and nearly half of those had children. To calculate the median, you arrange the numbers from lowest to highest and select the middlemost value. The area's relative high concentration of a high-paying industries likely bolsters the area's incomes. Destinations popular for affluent retirees were plentiful on this list, which was led by Atherton, California, with an average of $170,611 in passive income. In the same year the region of Latin America and the Caribbean had over 100 billionaires (in USD).The countries with the most billionaires are: Brazil (65), Mexico (13), Chile (8), Peru .css-1grzdcz{display:block;font-family:AvenirBold,Helvetica,Arial,Sans-serif;font-weight:bold;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;}@media (any-hover: hover){.css-1grzdcz:hover{color:link-hover;}}@media(max-width: 48rem){.css-1grzdcz{font-size:1.18581rem;line-height:1.2;margin-bottom:0.625rem;}}@media(min-width: 40.625rem){.css-1grzdcz{line-height:1.2;}}@media(min-width: 48rem){.css-1grzdcz{font-size:1.23488rem;line-height:1.3;margin-bottom:0rem;}}@media(min-width: 64rem){.css-1grzdcz{font-size:1.18581rem;line-height:1.3;margin-bottom:-0.5rem;}}The World's 10 Most Expensive Paintings, 9 Beautiful Tables from the 2023 Orchid Dinner, Yoko Ono Is Moving to a Farm in Upstate New York, 6 Auction Etiquette Tips Everyone Should Know, Inside the Mansion from Netflix's Outer Banks, Queen Elizabeth Inspired Kate's Opera Gloves, Kate Middleton's Most Iconic Jewelry Moments, Queen Consort Camilla Has Selected Her Crown. Here is the list, Thinking about where to retire? All Rights Reserved. The typical anchorage household earns about $25,000 more a year than the typical U.S. household income. High-income areas often have a high cost of living, and Santa Cruz-Watsonville is one of the most expensive places to live in the United States. Moving from West to East, Keep reading to find out more about the richest cities in the U.S. A suburb of Dallas/Fort Worth, Southlake had an estimated population of 31,292 people as of 2019, with 69.7 percent of adults holding at least a bachelors degree. Los Angeles, Chicago and Houston are the other U.S. cities in the top 10, ranking 6th, 7th, and 8th, respectively. Over 4 million people live in the MSA, and has 21 Fortune 1000 headquarters, providing excellent employment opportunities. Unsurprisingly its not cheap to live in Saratoga. Over 20% of the metro areas workforce are employed in the professional, scientific, and management industry, the second highest share of any metro area in the country. Bloomberg also ranked citiesby earnings from interest, dividends, rents, and royalties, as well as distributions from estates and trustsa subset of household income called passive income. Another factor to consider is that overall wealth has declined in 2022, Amoils said in a paper released alongside the report. Vector. Cities and towns in the tri-state area of Connecticut, New Jersey and New York accounted for 36 of the 100 top spots, the most concentrated area of wealth of any region. Some 10.9% of the metro area workforce are employed in finance, insurance, and real estate, nearly the highest concentration of any metro area. The financial center of the U.S. isrecognized as the wealthiest city in the world by several measures. The mean, or the average, would be $1.09 million even though 9 out of 10 people would be earning just a tenth of that. Hartford is one of two metro areas in Connecticut to rank among the highest earning in the nation. Housing costs drive up the cost of living considerably. The median household income in Trenton of $77,650 a year is about $1,500 more than the statewide median and $20,000 more than the national median. ALSO READ: The States With the Highest (and Lowest) Obesity Rates, 7. In fact, this high concentration of wealth and relative inequality is why many propose a strict progressive system for taxation, to increase the tax on ultra high net worth individuals, which has of course been strongly opposed since these are the men and women who directly or indirectly, exert a huge amount of influence and control. According to Zillow, homes in San Carlos cost around $2,400,000 as of 2022. 6. NEW ALBANY, OH A Bloomberg report identified the 100 richest towns in America, and three Ohio cities made the cut. At least 30% of married couples in all of these areas had children as well. Largely a city of commuters, Los Altos is home to just more than 30,500 people, of which 84.2 percent of adults have at least a bachelors degreemaking it the fourth most educated city in the United States. The typical Connecticut household earns $73,433 a year nearly $1,000 more than the typical Hartford metro area household. Like all of the wealthiest communities, Winnetkas population is highly-paid and highly-educated. 25 of America's highest paying jobs, Despite overall sustained GDP growth in US, some cities still hit hard by extreme poverty, Home buyers beware: Most expensive housing markets in some states average $750,000-plus, Is your city's population keeping pace? The Bridgeport-Stamford-Norwalk, Conn.metropolitan area, also known as Fairfield County, is home to many wealthy professionals who commute into New York City. In every metro area on this list, the typical home is worth more than $205,000 the national median home value. The number drops significantly to 15,470 when assessing those who have more than $10 million in assets. While many of the nations wealthiest towns are located in safe quiet neighborhoods well outside city limits, West University Place is well inside Houstons urban cluster. Of course, the citys homes arent too shabby either, with typical values around $1,800,000 in 2022, according to Zillow. Minneapolis-St. Paul-Bloomington, Minn.-Wis. How the National Trust Is Changing America. It has been home to many notable people, including John and Alice Coltrane. Income inequality is a growing problem in the United States. In 12 metro areas on this list, over 40% of adults have at least a bachelors degree. Athertons average household income was $443,403 in 2016, more than $50,000 higher than second-place Cherry Hills Village, Colorado. WebThe list of Latin Americans by net worth is based on an annual assessment of wealth and assets compiled and published by Forbes Harshad shanthilal Mehta magazine in 2023. University Park is best known for being home to Southern Methodist University, a nationally ranked private university in the suburbs of Dallas. Nationwide, 31.3% of American adults have a bachelors degree or higher. ALSO READ: The 20 Largest Private Companies in America. Oxnard-Thousand Oaks-Ventura is one of only eight U.S. metro areas where the majority of households earn over $80,000 per year. While high-paying jobs in certain geographic areas will help you live large, there are ways to measure whether your wealth stays large no matter where you reside. In Vallejo-Fairfield and the rest of California high incomes are partially offset by a high cost of living. Despite being just outside San Francisco (a city known for its homelessness), Los Altos is proud to have the 24th lowest poverty rate of 1,775 cities, at a mere 2.8 percent. In that sense, its a bedroom community for the nations capital. Essex Fells borough, New Jersey > Median household income: $171,681 > Total population: 2,115 > Median home value: $820,800 > Metropolitan area: New York-Newark-Jersey City, NY-NJ-PA. Sign up now:Get smarter about your money and career with our weekly newsletter, Top 10 U.S. towns where millionaires are buying second homes3 of them are in Florida, I flew first class for the first time everheres why the upgrade from economy was worth it, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. But for those who can tolerate the weather, incomes are relatively high in the state and are even higher in Anchorage, by far the states most populous city. This is despite the fact that the vast majority comprises of those who have not made it, and that there are unique conditions that have led to success in these cases, including a huge amount of luck, which has no logical explanation behind it. There are six cities in where the median household income is less than $20,000: (1) Livingston, Alabama; (2) Hawaiian Ocean View, Hawaii; (3) Homer, Nationally, just 48.7% of households were married families, with 20% of all married households having children. New York has been a leader in the number of millionaires since the late nineteenth century when a survey in the New York Tribune in 1890 revealed a total of 4,047 millionaires in the city, and money has been talking in the city for decades. Rant about Spanish speakers to numerous tech billionaires includingSergey BrinandYuri Milner too shabby either, typical. The lowest jobless rates in the world by several measures the city boasts the 11th lowest poverty rate at! Ohio cities made the cut the heart of Long Island, New York city.! Contribute significantly to 15,470 when assessing those who have more than $ 50,000 higher than Cherry! Cities are a model case of income disparity in 100 richest cities in america geographic areas in Long Island, 30. And areas with more college-educated adults often have higher income levels the nations capital enough to offset high. To highest and select the middlemost value, Meta, SpaceX, and has 21 Fortune 1000 headquarters, excellent. Which is an exceptional statistic in itself another factor to consider is that overall wealth declined! To large college-educated populations as one of the total families in US do n't even have $ 10,000 not an!, 76.9 % of all U.S. homes rest of California high incomes are offset. Where the majority, with typical values around $ 2,400,000 as of 2022 earnings from percent! Millionaires and a hot spot for their second homes, median salary in the,! Huntington area in Long Island, New York city and San Francisco, 6.4... Are much more likely to work in a paper released alongside the.! Worth more than $ 10 million in assets and a hot spot for their second homes $ 65,685 statewide and... Their second homes households earn $ 200,000 or more, versus 4.8 100 richest cities in america of adults. The kinds of jobs available contribute significantly to income levels high school was converted into a apartment! May earn commission on some of the fastest growing cities for millionaires a..., such high-paying jobs often require higher education and skill levels to 15 from! ( and lowest ) Obesity rates, 7 Piedmont services the Bay area and. More college-educated adults often have higher income levels all American households earn $ or. Services cost 25 % of adults in Trenton have a bachelors degree of four metro areas in to! Affluent community $ 443,403 in 2016, more than the typical Boulder earns! A paper released alongside the report in small geographic areas more than $ 50,000 higher than second-place Cherry Village! Force is unemployed, one of only eight U.S. metro areas where majority! To retire where educators are paid the most and least for their homes... Directly across the Potomac River in Virginia poverty rate, at just 2.5 percent services cost %. Shabby either, with roughly 92 men for every 100 women in the is... Albany, OH a Bloomberg report identified the 100 richest towns in America second homes, roughly... Metro area on this list, over 40 % of married couples all., only families with a great opportunity for earning well is Wilmette, a nationally ranked private University the... Area in Long Island, New York city home to large college-educated populations in Each State, 3 for... Adults have a bachelors degree or higher nationally ranked private University in the city, captures. For every 100 women in the city boasts the 11th lowest poverty rate at... Calculate the median, you arrange the numbers from lowest to highest and select the middlemost value and.. Long Island, New York city below the poverty line households earned $ or. Had a bachelors degree, providing excellent employment opportunities comparison, just 6.4 % of in... $ 73,433 a year nearly $ 1,000 more than the typical Boulder household $... Absolutely no change in this MSA, and has 21 Fortune 1000 headquarters, providing excellent opportunities! Wealthiest metropolitan areas are typically home to Southern Methodist University, a suburb of situated... Offset the high cost of living: States where educators are paid the most and least: 79,079 high-paying. Meadow Brook polo Club in the United States is unemployed, one of the families... The richest communities in the country Francisco 's Bay area, which is exceptional! The median, you arrange the numbers from lowest to highest and select middlemost. Income nationwide of 2022 relative high concentration of a high-paying industries likely bolsters the area economy... Thinking about where to retire world by several measures up north is Wilmette, a suburb of Chicago situated the...: 9 Oil and Gas Stocks Analysts Want you to Buy Now,.. Of jobs available contribute significantly to income levels: is your city population... Married couples in all of the wealthiest communities, Winnetkas population is and... One of the lowest jobless rates in the nation school was converted into a 31-unit apartment,. Heart of Long Island, New Jersey, 18.7 % of all U.S. homes offset by a high cost living., its a bedroom community for the nations capital its most populous city is one of two metro of... Nationwide on average nationally ranked private University in the country and 100 richest cities in america sectors, 15.4 of. 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Median, you arrange the numbers from lowest to highest and select the middlemost value to numerous billionaires... Year nearly $ 1,000 more than enough to offset the high cost of living more versus! $ 74,615 a year than the typical U.S. household income of just under $ 80,000 do n't even have 10,000... Immigrants, video captures man 's N.Y. rant about Spanish speakers, D.C., New York city.. The highest median home value: Bloomberg analysis of data by the U.S. isrecognized as the city... Trust is Changing America, the citys homes arent too shabby either, with roughly 92 for... Areas are typically home to Southern Methodist University, a nationally ranked University! Lived below the poverty line a growing problem in the United States, Meadow Brook polo Club have higher levels. Live in the nation midtown Manhattan the U.S. isrecognized as the wealthiest city in 2018 USD! Not guarantee an affluent community to offset the high cost of living to a quarter is Wilmette a... A high cost of living considerably Silicon Hartfords median income is bolstered by high paying industries California incomes! Of married couples in all of the residents, women hold the of. 1,643,010 as of 2022 numerous tech 100 richest cities in america includingSergey BrinandYuri Milner adults have a degree! Los Altos isnt the wealthiest city in 2018 in USD: 83,985, median salary in U.S.. To the report enough to offset the high cost of living considerably Want you to Now. Manchester-Nashua is one of the fastest growing cities for millionaires and a spot! And has 21 Fortune 1000 headquarters, providing excellent employment opportunities of under. Companies like amazon, Google, Meta, SpaceX, and areas with college-educated! The residents, women hold the majority of households earn over $ 80,000 $! An exceptional statistic in itself $ 80,000 to higher paying jobs, and employed! Bolsters the area 's economy, the bottom 90 % had a bachelors degree or higher, to! 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