Richest Cities In Wisconsin For 2020


We analyzed 143 places in Wisconsin to determine where the 1% live.

Editor’s Note: Data has been updated for 2020. This is our fifth time ranking the richest cities in Wisconsin.

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Want to know how to impress your family and friends, tell them that you live in one of Wisconsin's richest places because these places are super rich.

Wisconites might think that they live in one of the richest states because they house the Green Bay Packers, but it's really because the economy in this state is pretty strong. So, HomeSnacks decided to see just where Wisconsin's economy is housing most of the wealth: we created a list of the top ten richest places in Wisconsin for 2020 and listed them below.

How did we calculate the where the 'Richie Rich' live in America's Dairyland? Well, we looked at the latest Census data from the American Community Survey for 141 Wisconsin cities with 5,000 residents. We then looked at a places median income and their unemployment and poverty rate and assigned each a score. Let's just say, if you live in the greater Milwaukee area, Cheesehead land, or the Madison area, you are doing just fine in the financial department. You are also doing just fine in the safety department too. Many of Wisconsin's richest places are also the state's safest.

So, want to know where Wisconsinites pop bottles of Dom for breakfast and eat expensive caviar as a snack? Keep reading.

Now, it's not going to be as easy as just packing up and moving to one of Wisconsin's richest places, if that's your plan. You're going to have to find a good job: one that pays close to $100,000/year. This shouldn't be too difficult considering the unemployment rate in many of The Badger State's richest places is below the national average.

So, how does one get their hands on one of these shiny, Wisconsin gems: where living your best life requires a boatload of money? Well, you can start by taking a look at our list below.

But first, what's the richest place in Wisconsin for 2020? According to the latest data, that would be Fox Point.

The rest of Wisconsin's richest places are just a keystroke away. And if you don't find what you're looking for there, head to the bottom.

Rich people not your cup of tea? Feel free to check out some more reading about Wisconsin:

The 10 Richest Cities In Wisconsin For 2020

Fox Point, WI

Overall SnackAbility

10
/10

Population: 6,688
Rank Last Year: 1 (No Change)
Median Income: $116,438
Unemployment Rate: 1.5%
Poverty Rate: 3.7%
More on Fox Point: Real Estate | Data | Photos

Fox Point is a village in Milwaukee County, Wisconsin, United States. The population was 6,701 at the 2010 census.

Elm Grove, WI

Overall SnackAbility

10
/10

Population: 6,172
Rank Last Year: 3 (Up 1)
Median Income: $115,972
Unemployment Rate: 1.8%
Poverty Rate: 3.5%
More on Elm Grove: Real Estate | Data | Photos

Hartland, WI

Overall SnackAbility

10
/10

Population: 9,260
Rank Last Year: 5 (Up 2)
Median Income: $82,756
Unemployment Rate: 1.2%
Poverty Rate: 3.0%
More on Hartland: Real Estate | Data | Photos

Whitefish Bay, WI

Source: Public domain
Overall SnackAbility

10
/10

Population: 14,039
Rank Last Year: 2 (Down 2)
Median Income: $117,300
Unemployment Rate: 2.1%
Poverty Rate: 3.5%
More on Whitefish Bay: Real Estate | Data | Photos

Pewaukee, WI

Overall SnackAbility

7
/10

Population: 14,299
Rank Last Year: 16 (Up 11)
Median Income: $98,743
Unemployment Rate: 2.2%
Poverty Rate: 1.8%
More on Pewaukee: Real Estate | Data | Photos

Overall SnackAbility

5
/10

Population: 5,437
Rank Last Year: 15 (Up 9)
Median Income: $80,653
Unemployment Rate: 1.6%
Poverty Rate: 3.1%
More on Waterford: Real Estate | Data

Verona, WI

Source: Public domain
Overall SnackAbility

9.5
/10

Population: 12,743
Rank Last Year: 13 (Up 6)
Median Income: $92,670
Unemployment Rate: 2.1%
Poverty Rate: 3.8%
More on Verona: Real Estate | Data | Photos

Verona is a city in Dane County, Wisconsin, in the United States and is a suburb of Madison. The population was 10,619 at the 2010 census. The city is located ten miles southwest of downtown Madison within the Town of Verona. It is part of the Madison Metropolitan Statistical Area.

Kronenwetter, WI

Source: Public domain
Overall SnackAbility

9
/10

Population: 7,665
Rank Last Year: 4 (Down 4)
Median Income: $85,162
Unemployment Rate: 2.2%
Poverty Rate: 3.5%
More on Kronenwetter: Real Estate | Data | Photos

Kronenwetter is a village in Marathon County, Wisconsin, United States. It is the largest village by land area in the state of Wisconsin, as well as in the entire United States, and the third-largest community by population in Marathon County. It is part of the Wausau, Wisconsin Metropolitan Statistical Area. As of the 2010 census, the population of Kronenwetter was 7,210, an increase from the 2000 census which had the community at 5,369.

Mequon, WI

Source: Public domain
Overall SnackAbility

9.5
/10

Population: 23,984
Rank Last Year: 6 (Down 3)
Median Income: $113,627
Unemployment Rate: 2.2%
Poverty Rate: 5.1%
More on Mequon: Real Estate | Data | Photos

Mequon is a city in Ozaukee County, Wisconsin, United States. The population was 23,132 at the 2010 census.

Overall SnackAbility

6
/10

Population: 11,623
Rank Last Year: 23 (Up 13)
Median Income: $101,381
Unemployment Rate: 2.9%
Poverty Rate: 2.5%
More on Richfield: Real Estate | Data

How We Determined The Richest Places In Wisconsin For 2020

Map Of The Richest Places To Live In Wisconsin
The first thing that comes to most people's minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don't believe that one statistic wholly encompasses what it means to be one of the "richest places". So we looked at this set of criteria from the newly released 2014-2018 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 141 places with more than 5,000 people in Wisconsin, we ranked each place from 1 to 141 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a "Rich Score" with the place having the lowest overall Rich Score, Fox Point, crowned the "Richest City In Wisconsin For 2020". You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 141 places.

There You Have It - The Wealthiest Places In Wisconsin For 2020

Like we said earlier, when we set out to identify the richest places in Wisconsin, we weren't sure what we'd encounter, but it ended up being some of the best places to live in Wisconsin.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you're curious enough, here are the poorest cities in Wisconsin, according to data:

Poorest: Whitewater
2nd Poorest: Milwaukee
3rd Poorest: Antigo

For more Wisconsin reading, check out:

Detailed List Of The Richest Cities In Wisconsin

Rank City RichScore Median Income
1 Fox Point 7.33 $116,438
2 Elm Grove 8.0 $115,972
3 Hartland 9.0 $82,756
4 Whitefish Bay 10.33 $117,300
5 Pewaukee 10.67 $98,743
6 Waterford 12.67 $80,653
7 Verona 14.0 $92,670
8 Kronenwetter 15.33 $85,162
9 Mequon 17.0 $113,627
10 Richfield 17.67 $101,381
11 Brookfield 20.0 $105,878
12 Sussex 20.67 $86,048
13 Menomonee Falls 21.33 $79,367
14 Muskego 22.33 $89,512
15 Oregon 25.67 $80,385
16 Germa 26.0 $81,846
17 New Berlin 26.0 $81,003
18 Mcfarland 26.33 $87,394
19 Evansville 29.33 $62,909
20 Glendale 29.67 $73,945
21 Waunakee 31.33 $106,321
22 Oconomowoc 32.67 $78,144
23 Deforest 35.0 $81,211
24 Franklin 37.33 $79,153
25 Hales Corners 37.33 $72,598
26 Wauwatosa 37.67 $79,757
27 Lake Mills 38.33 $67,774
28 Mukwonago 38.67 $78,349
29 West Salem 38.67 $56,530
30 Hudson 39.0 $72,181
31 Lake Hallie 40.0 $67,350
32 Allouez 41.0 $70,365
33 Slinger 41.0 $75,227
34 Hobart 41.67 $77,245
35 Stoughton 42.0 $65,203
36 Suamico 42.67 $94,020
37 Kaukauna 43.0 $59,569
38 Pewaukee 44.67 $59,203
39 Mount Horeb 46.33 $73,316
40 Middleton 47.67 $74,141
41 Cedarburg 48.0 $85,077
42 Greendale 49.33 $71,358
43 New Richmond 49.33 $60,080
44 Sun Prairie 50.0 $70,295
45 Monona 50.33 $67,275
46 Columbus 52.0 $57,976
47 Mount Pleasant 53.0 $68,689
48 Weston 54.0 $66,762
49 Jackson 54.0 $69,756
50 Oak Creek 54.33 $72,705
51 De Pere 55.33 $70,500
52 Delafield 55.67 $86,014
53 Holmen 55.67 $78,875
54 Caledonia 57.0 $80,128
55 Grafton 57.0 $72,483
56 Hartford 57.33 $55,533
57 Milton 58.33 $61,753
58 Port Washington 58.67 $66,829
59 Onalaska 58.67 $57,229
60 Elkhorn 58.67 $59,475
61 Plover 59.33 $60,981
62 Cottage Grove 60.0 $94,784
63 Altoona 60.33 $54,876
64 Rothschild 60.83 $60,208
65 Pleasant Prairie 61.33 $81,526
66 Little Chute 61.67 $59,818
67 Waukesha 64.67 $62,016
68 West Bend 65.0 $55,815
69 River Falls 65.33 $59,879
70 Waupun 66.0 $52,649
71 Howard 67.0 $64,049
72 Plymouth 69.0 $52,726
73 Burlington 69.33 $59,627
74 Monroe 69.67 $46,685
75 Shorewood 71.0 $72,903
76 Fitchburg 72.67 $69,338
77 Reedsburg 73.33 $49,167
78 Kimberly 73.67 $50,968
79 Waupaca 74.33 $50,467
80 Marshfield 74.33 $50,419
81 Neenah 74.33 $57,684
82 Sheboygan Falls 75.67 $52,969
83 Bellevue 75.67 $55,455
84 North Fond Du Lac 76.67 $53,248
85 Sturtevant 78.33 $67,212
86 Greenfield 79.33 $57,147
87 Ashwaubenon 79.33 $58,330
88 Shawano 84.33 $42,940
89 Appleton 85.67 $56,459
90 Rhinelander 87.0 $41,391
91 Brown Deer 88.0 $61,616
92 Madison 88.33 $62,906
93 Jefferson 89.0 $57,177
94 Edgerton 90.17 $60,208
95 Ripon 93.0 $47,525
96 Merrill 93.0 $49,249
97 Berlin 93.33 $45,123
98 Sturgeon Bay 93.67 $52,947
99 Cudahy 95.67 $52,594
100 Twin Lakes 96.0 $65,531

How Is The Area In ?

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.

2 thoughts on “Richest Cities In Wisconsin For 2020

  1. This ranking of communities is completely off base. The wealthiest community, by far, is River Hills, WI. The median home value in River Hills is $700,000. What happened to that community? You completely left out Bayside which was @5 last year and sits directly in between this years #1 & #5 richest places, Fox Point & Mequon.

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