Rumson has a reputation as one of the wealthiest places in Monmouth County, and a new study released by Bloomberg has now confirmed it.

In the newest iteration of its "100 Richest Places" project, the report says that Rumson clocks in as the 12th-wealthiest town in the country. The report looks at average household income, and determined that in Rumson that figure is $337,696. On last year's list, the Monmouth County town placed 19th.

This rise in average household income comes as more affordable housing is being planned, leading developer Roger Mumford to declare its "gilded age" dead.

Rumson wasn't the top New Jersey representative on the list, however. That would go to Short Hills in Essex County, which placed sixth with an average household income of $388,760. It also placed sixth last year.

Other New Jersey towns in the top 50 included Upper Saddle River in Bergen County ($272,573, 40th) and Glen Ridge ($271,826, 41st), and Upper Montclair ($265,482, 45th), both in Essex County.

In total, New Jersey had 16 of the richest places, second behind only California, which had 23, according to the report.

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Jack McLoone is technically a digital producer, but also writes from time to time about anything and everything. A recent graduate of Fordham University, he is new here, so please be nice. Contact him at jmcloone@gannett.com or @jfmclooney on Twitter.