Wallet Choking Massachusetts Town Is America’s #1 Most Expensive
To live in this wallet choking Massachusetts town, you really have to win The Powerball. You still may not have enough.
With winning this weeks over-the-top Powerball Jackpot, that $345 million lump sum take home, (now probably higher) could get us a sweet place. We all have done the fantasy math, dreaming how we’d spend our millions. But where is the best town to drop our fortune?
How Would We Spend Our Powerball Winnings?
Let’s start with the 30% capital gains tax. Even if you put $375,000,000 into a simple savings account, and you get 3% interest a year, that’s $11,000,000 a year in income. I’d need some help managing that kind of dough. For me, I have my money team of experts in place, my finance guy ready to guide me. I would set some sort of charity foundation, to begin my donations. I would also list my family and friends who have been nice to me, I mean, who I’d like to help out. I have even played their teary-eyed reaction of gratitude in my head. But when all of the giving is over, what about a dream home?
How About This Wallet Choking Massachusetts Town?
Many wealthy people have found their homes on the great state of Massachusetts. Robert Kraft, James Taylor and actor Steve Carrel call the Bay State home, to name just a few. So to hob-knob with the stars, you have to be their neighbor. According to Lendingtree.com, we have found the right wallet choking Massachusetts town.
America’s most expensive town is (drumroll) Vineyard Haven, Massachusetts. The median home value in Vineyard Haven is $857,600. Coming in at #2 is Jackson, Wyoming, followed by Breckenridge, Colorado.
Lending Tree reports:
The median home values in these towns are $857,600, $670,100 and $641,900, respectively. This means that a median-value home in Vineyard Haven is valued in the same ballpark as one in San Francisco ($933,300), and that median-value homes in Jackson and Breckenridge are worth about as much as those in Los Angeles ($671,700) and San Diego ($627,200).
Here are the Top 10 wallet choking towns:
1-Vineyard Haven, MA.
2-Jackson, Wyoming
3-Breckenridge, CO.
4-Steamboat Springs, CO.
5-Haily, ID.
6-Gardener Ranchos, NV.
7-Hood River, OR.
8-Juneau, AK.
9-Ellensburg, WA.
10-Los Alamos, NM.
What do you notice? What’s facinating about this study, Vineyard Haven is the only wallet choking town in the East in the top 10. All other towns are in the Midwest to West coast.
