(KRON) -- The richest town in California is located on the Bay Area's Peninsula, according to data compiled by Nexstar Media Wire. The study showed that Hillsborough is the state's richest town with a median household income north of $250,000. That figure is 232.7% more than the average American household, according to the study. For comparison, in Bar Nunn, Wyo., which the study determined to be Wyoming's richest town, the median household income is $104,028. Most households in Hillsborough are well-off, as data shows 69.6% earn more than $200,000 annually. Tony’s Pizza in SF cracks top 10 best in the world list Hillsborough's wealth shows off in benefits for its popul
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