California: Atherton
Median home value: $6,147,100
Median household income: $250,001
This Bay Area city has the highest median home price of all the cities on our list. Located just outside Palo Alto, Atherton is a small community that doesn’t allow any industrial use of its land. That may seem quaint, but this exclusive city boasts mega mansions, $10-million-plus estates and residents like Google’s Eric Schmidt, Microsoft’s Paul Allen and investment banking mogul Charles Schwab.
Fun fact: Atherton has the second-highest home prices in the country, with New York’s Sagaponack, in the Hamptons, taking the top spot.