Richest retirement towns in America

On March 19, GoBankingRates ranked the most wealthy retirement towns in America. 

The financial services company analyzed all 131 U.S. cities with a population of more than 15,000 and more than one-quarter of residents over the age of 65. It then used Census Bureau data to rank each city by median household income. 

These 20 cities have the "richest" retirees, according to GoBankingRates:

1. Rancho Palos Verdes, Calif. — $166,747 median household income

2. Highland Park, Ill. — $159,567

3. Bainbridge Island, Wash. — $151,290

4. East Honolulu, Hawaii — $151,224

5. Melville, N.Y. — $146,302

6. Laguna Beach, Calif. — $141,875

7. Paramus, N.J. — $136,824

8. Naples, Fla. — $135,657

9. Walnut Creek, Calif. — $129,971

10. Cerritos, Calif. — $124,460

11. Mililani Town, Hawaii — $119,502

12. Palm Valley, Fla. — $118,245

13. Parole, Md. — $117,646

14. Murrysville, Pa. — $117,067

15. Pearl City, Hawaii — $116,938

16. Creve Coeur, Mo. — $115,120

17. Lakewood Ranch, Fla. — $114,511

18. Palm City, Fla. — $111,394

19. Novato, Calif. — $110,948

20. Summerlin South, Nev. — $110,911

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