Drum roll please for America’s new richest zip code, according to the just released Bloomberg analysis of 2015 internal Revenue Service data…33109. America’s ultimate zip code is 33109 and it belongs to Fisher Island just off the coast of Miami.
A 216-acre landmass, Fisher Island is home to 50 different nationalities and varied professions that include professional athletes, supermodels, business executives, lawyers, you name it. The average income of this diverse group was $2.5M in 2015, $1M more than the second place finisher, Atherton in Silicon Valley. The zip code 33109 is the only zip code in the country where +50% of all tax returns showed an annual income of +$200,000.
Here are the top 20 richest zip codes in the US:
- Miami, FL 33109
- Atherton, CA 94027
- Pal Beach, FL 33480
- Palo Alto, CA 94301
- Harrison, NY 10577
- Gladwyne, PN 19035
- Los Angeles, CA 90067
- Kenilworth, IL 60043
- Weston, MA 02493
- San Francisco, CA 94111
- Fair Hills, NJ 07931
- Boston, MA 02110
- Portola Valley, CA 94028
- Moose Wilson Rd, WY 83014
- Naples, FL 34102
- Medina, WA 98039
- Riverside, CT 06878
- Old Westbury, NY 11568
- Glencoe, IL 60022
- Greenwich, CT 06831
With high incomes and high tax write-offs, Fisher Island had an average of $448,100 in itemized deductions in 2015.
The jury is still out on how the Tax Bill of 2017 will affect all deductions including charitable deductions in 2018 and beyond.
