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West U among top ten richest towns in the U.S.

May 20, 2016 By:West U News Staff

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The website 247wallst.com recently released a list of America’s richest and poorest towns, and West University landed tenth on the riches towns’ list.

To determine the richest U.S. town, 247wallst.com considered 2010-2014 five year average median household incomes from the U.S. Census Bureau’s American Community Survey. The website excluded town for which the margin of error at 90 percent confidence was greater than 10 percent for both median household income and population.

According to the list, West U has the following qualifications that place it tenth on the list.

  • Median household income: $207,429
  • Median home value: $815,700
  • Adults with at least a bachelor’s degree: 88 percent
  • Poverty rate: 2.2 percent.

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