.

Bethesda Ranked Richest Small City in America

The Capitol Polo Club in Montgomery County is one of the amenities that helped Bethesda earn the ranking of richest small city in America. Do you agree?

The Capitol Polo Club in Montgomery County is one of the amenities that helped Bethesda earn the ranking of riches small city in America. File|Patch
The Capitol Polo Club in Montgomery County is one of the amenities that helped Bethesda earn the ranking of riches small city in America. File|Patch

Easy access to a polo field, private jets and luxury clothing shops: Does that say Bethesda to you?

Movoto, the real estate research blog, has published a ranking of the richest small cities in America and it lists Bethesda as the richest of them all. Bethesda ranked ahead of No. 2 Palo Alto, CA, the hub of Silicon Valley wealth. 

The website looked at the 950 places with populations between 30,000 and 80,000, according to the U.S. Census Bureau. Cities were ranked by per capita numbers of fine dining restaurants, fine clothing and jewelry stores, luxury car dealerships, country clubs, and other amenities.

How would you describe Bethesda? Tell us in comments.

Here's how the blog describes the top 10 cities:

“They might be tiny, but these places make up for it with big bank accounts, fast cars, and more luxurious amenities than you can shake a 24 karat gold stick at.

“Bethesda ranked in either the top 10 (or even top five) for everything. It was first in distance to a polo field (eight miles), second in distance to private jet facilities (six miles), and third in terms of really expensive clothing retailers per capita,” the blog says.

Matthew May 02, 2014 at 11:15 AM
Bethesda isn't a city, not even a small one -- it's a suburb of Washington. But in any event, it's these kinds of market analysis reports that lead to places like "The Collection at Chevy Chase Center" (the "Rodeo Drive of the East"). It's the fallacy that equates high household incomes with a desire to purchase Louis Vuitton luggage and play polo. Bethesda isn't a community of idle rich people with a taste for baubles. It's a community of highly educated people, many of them in dual-income households, many of them working hard to raise their children and save for their future. Whenever I see this kind of analysis, I think "oh, great, now we're going to have even more pointless and unnecessary stores in our neighborhood." Bethesda is the kind of place where you run into people at Strosnider's who are "wealthy" in the sense that they have high incomes, but who are just doing weekend chores around the house like anyone else. Let's hope it stays that way.
Matthew May 02, 2014 at 11:23 AM
Having now read the Movoto report, I see that one of the other top ten "richest small cities" is Hoboken, N.J. So that ought to tell you something.
trukturner May 02, 2014 at 11:33 AM
Actually, that makes sense. Manhattan is right across the Holland Tunnel. It is a nice city and the property values are quite high
Elissa May 02, 2014 at 01:45 PM
Hoboken is am amazing small town with a wide variety of housing types and a fantastic "Main Street" and side streets where you can find all kinds of restaurants, bakeries (including a yummy German one - and of course Buddy the Cake Boss), shops, galleries. And, it's right across the river from NYC.
Richie Rich May 19, 2014 at 07:06 PM
Why are the kids soccer fields so crappy then?

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something
See more »