Palo Alto in the third highest-income city in the nation, according to CNN Money Magazine. It trails behind Bethesda, Md., and Greenwich, Conn. in CNN Money Magazine's 2010 list of "top-earning towns."
Median family income in Palo Alto is $153,615, and the median home price is $1,180,000, the magazine said.
In Bethesda, home to many federal government employees and other Washington-area professionals, median family income is $172,541, but homes cost less -- $725,000 is the median price.
In New York City's tony bedroom community of Greenwich, median family income is $164,807 and the median home price is $997,498.
Behind Bethesda, Greenwich and Palo Alto in the list are Newport Beach, Lower Merion, Pa., Newton, Mass., Fairfield, Conn., Greenburgh, N.Y., Burke, Va., and Naperville, Ill.
This story contains 148 words.
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