Newport Beach is Ranked as #1 Wealthiest City in the U.S.
Located approximately 40 miles south of Los Angeles and 90 miles north of San Diego, Newport Beach is known for many things: its beautiful beaches; amazing homes; islands; piers; jetties; its large collection of private yachts and boats. It is also known for its celebrities ranging from Tiger Woods to John Wayne, Shirley Temple, Gwen Stefani and Nicolas Cage.
And, now Newport Beach, with a population of nearly 90,000, has been named the top wealth center in the United States by Portfolio.com out of 420 regions with populations over 75,000.
The report measured things like household income and median home prices. The per capita income for Newport Beach is $86,586, which is triple the national average. Nearly one-third of the households in Newport Beach make over $200,000, and the median home price is over $1 million. All of these factors combine to make Newport Beach the wealthiest city in the United States.
For more information about this wonderful city, please see Newport Beach Community Information.
Interested in buying a home in Newport Beach? Please see Newport Beach Homes.