The richest town in every state

Elena Elisseeva // Shutterstock
The richest town in every state
America is exceptional in many ways. But not all of them are positive: Wealth inequality is higher in the United States than it is in almost any other developed nation.
This is a relatively new phenomenon, with the wealth divide expanding starkly over the past half-century or so. From 1963 to 2022, the richest top 1% of American families experienced a sevenfold increase in wealth, from $1.8 million to $13.6 million. During the same