Small Towns with Big Money

Businessweek.com worked with Zillow.com to come up with a list of the 32 smallest towns with the highest home values. They set a cap on population of 10,000 people, although most of the towns populations fall well below that. In fact, many have fewer than 1,000 residents. They also only selected one property per Metropolitan Statistical Area, a geographical designation used by the U.S. Census, because otherwise the list would have nearly entirely dominated by towns near New York, Los Angeles, and San Francisco. (They did, however, include more than one home from the New York-Northern New Jersey-Long Island, NY-NJ-PA MSA because, frankly, it covers so much space.)

Full-text article by Prashant Gopal is available via BusinessWeek, 12.1.08.

Where the Money Is: America’s Top Wealth Centers

A new study by Bizjournals identified 10 wealth centers — communities that manage to blend substantial size (populations above 100,000) with considerable affluence.

Full-text article by G. Scott Thomas is available via San Antonio Business Journal, 8.22.08.