Study shows surge of residents getting rich — quick
Share this @internewscast.com

Households in Huntington, Long Island have experienced a significant increase in their incomes since the COVID pandemic, according to a new study, elevating this once middle-class town onto a new affluent list.

Between 2020 and 2023, the median household income in the enclave surged by a whopping 22.8%, according to research conducted by GOBankingRates. 

The company examined income data from the US Census American Community Survey to identify the top 50 US towns where residents are accumulating wealth most rapidly, with Huntington ranking 16th.

Back in 2020, the median household income in Huntington was $131,989. In 2023, that figure had risen to $162,066. 

Simultaneously, the number of households earning more than $200,000 in Huntington grew by a remarkable 22.6% over the same four-year span—one of the highest growth percentages nationwide. 


Aerial view of Long Island, New York, showing houses, waterways, and the Robert Moses Causeway.
Only three towns in New York state made the GOBankingRates list. All were located on Long Island. Aurora East Media – stock.adobe.com

GOBankingRates didn’t explain what, specifically, was behind Huntington’s wealth boom. It was one of only three New York towns to make the top 50 list.

West Islip and Plainview, both located on Long Island, came in 21st and 33rd place, respectively.

The median household income in both of those nabes surged between 2020 and 2023, and is now inching toward $200,000 in both communities.

Meanwhile, Summit, New Jersey was named by GOBanking Rates as the number one town where “upper-class Americans are getting richer.”


Empty street in Summit, NJ, with shops closed due to pandemic.
Summit, New Jersey was named by GOBanking Rates as the number one town where “upper-class Americans are getting richer.” Corbis via Getty Images

While the community has long been cashed-up, residents appear to be getting richer there at rates higher than anywhere else in the country.

Between 2020 and 2023, the median household income in Summit soared by a staggering 39.4%, from $142,845 to $199,107, per the study.

There was also a 23.6% increase in the number of households earning $200,000 or more.

The GOBankingRates study revealed that California is the state with the most areas amassing wealth quickly.

A whopping 20 of the top 50 towns on the list were located in the Golden State, proving it’s still a place of upward mobility despite high taxes and astronomical property prices.

Share this @internewscast.com
You May Also Like
Coward who beat his baby girl to death moans about handcuffs being too tight

Man Convicted in Daughter’s Tragic Death Complains About Tight Handcuffs

A British father, Sean Jefferson, was caught on video complaining about his…
NYPD officer assigned to Mayor Mamdani’s security suspended after off-duty shooting

NYPD Officer on Mayor Mamdani’s Security Detail Suspended Following Off-Duty Shooting Incident

An NYPD officer assigned to safeguard both Mayor Zohran Mamdani’s residence and…
Fired NYS teacher charged with threatening ex-boss, then posts unsettling video

Dismissed New York State Educator Accused of Threatening Former Supervisor, Shares Disturbing Video Online

A former Spanish teacher from a Westchester County middle school has found…
Trump doesn’t endorse Paxton, Cornyn in heated GOP Texas Senate runoff

Trump Declines Endorsement in Fierce Texas GOP Senate Runoff Between Paxton and Cornyn

President Trump chose not to endorse a candidate by Tuesday’s deadline in…
Oil spikes after Iran says world's largest gas fields hit in strikes, vows to attack Gulf oil production in retaliation

Iran Threatens Gulf Oil: Global Gas Fields Under Siege Amidst Rising Tensions

An Israeli airstrike on Wednesday targeted the South Pars gas field in…
'Extensive damage' reported after Iran launches revenge attack on oil infrastructure in Qatar, Saudi Arabia

Iran Strikes Back: Significant Damage to Qatar and Saudi Arabian Oil Infrastructure in Retaliatory Attack

In a dramatic escalation of hostilities, Iran unleashed a potent assault on…
Homeless man charged with attacking San Francisco mayor’s security detail arrested again days after release

Repeat Offender: Homeless Man Re-Arrested After Assault on San Francisco Mayor’s Security Team

A man without a permanent residence, accused of forcefully confronting a San…
Bodycam captures suspect’s desperate river escape as officers launch paddleboard pursuit

Dramatic River Chase: Suspect Attempts Escape with Officers in Paddleboard Pursuit

In a unique twist to a routine encounter, two law enforcement officers…
DHS shutdown has caused at least $2.5 billion in losses so far, economists say

Economists Reveal: DHS Shutdown Bleeds $2.5 Billion from U.S. Economy

WASHINGTON — A prolonged closure of the Department of Homeland Security has…
Exclusive—Sen. Rick Scott: Google Must Answer ‘Dangerous’ AI Revelations in ‘Code Red’; ‘Nobody Should Trust Them’

Sen. Rick Scott Demands Accountability from Google Over Alarming AI Practices: Calls for ‘Code Red’ Action

Senator Rick Scott of Florida has expressed concern following an incident where…
Stony Brook dad sues Hofstra over junk ticket fees for surprise $2.08 at checkout

Stony Brook Parent Files Lawsuit Against Hofstra Over Unexpected $2.08 Fee at Checkout

A father from Long Island has filed a lawsuit against Hofstra University,…
Sen. Joni Ernst reveals $77B in 'secret' defense spending kept from taxpayers

Sen. Joni Ernst Uncovers $77 Billion in Concealed Defense Expenditures, Sparking Transparency Debate

WASHINGTON — In a significant revelation, Sen. Joni Ernst (R-Iowa) disclosed to…