📊 Ranked: The Richest Suburbs in America
This graphic ranks the top 10 wealthiest suburbs in America based on data compiled by GoBankingRates.
Methodology:
GoBankingRates examined communities with 5,000 households or more, isolating those with the highest average household income according to the 2022 American Community Survey. The average home value for each city was sourced from Zillow. All data was collected and is current as of June 18, 2024.
Scarsdale, NY: Leading the List
The wealthiest suburb in the U.S. is Scarsdale, New York, with an average household income of $568,942 and typical home values exceeding $1.4 million. Located 11 miles from Manhattan, Scarsdale has a population of around 20,000 and a significant Japanese community.
Less than 15 minutes by car from Scarsdale is the second suburb on our list, Rye. It boasts an average household income of $405,074, and typical home values can exceed $2 million.
Top 10 Wealthiest Suburbs:
1. Scarsdale, New York (New York-Newark-Jersey City, NY-NJ)
* Average household income: $568,942
* Typical home value: $1,413,514
2. Rye, New York (New York-Newark-Jersey City, NY-NJ)
* Average household income: $405,074
* Typical home value: $2,199,482
3. West University Place, Texas (Houston-Sugar Land-Baytown, TX)
* Average household income: $403,845
* Typical home value: $1,605,049
4. Los Altos, California (San Jose-Sunnyvale-Santa Clara, CA)
* Average household income: $400,817
* Typical home value: $4,451,059
5. Paradise Valley, Arizona (Phoenix-Mesa-Glendale, AZ)
* Average household income: $385,643
* Typical home value: $3,449,905
6. University Park, Texas (Dallas-Fort Worth-Arlington, TX)
* Average household income: $381,235
* Typical home value: $2,305,281
7. Hinsdale, Illinois (Chicago-Joliet-Naperville, IL)
* Average household income: $380,479
* Typical home value: $1,088,871
8. Great Falls, Virginia (Washington-Arlington-Alexandria, DC-VA-MD)
* Average household income: $373,735
* Typical home value: $1,564,775
9. Orinda, California (San Francisco-Oakland-Fremont, CA)
* Average household income: $370,203
* Typical home value: $2,078,615
10. Wellesley, Massachusetts (Boston-Cambridge-Quincy, MA)
* Average household income: $367,801
* Typical home value: $1,979,339
Highlights:Wealthiest Su
* Scarsdale, NY: The wealthiest suburb, close to Manhattan, with a significant Japanese community.
* West University Place, TX: Known as "The Neighborhood City," it serves as a bedroom community for upper-class families in Greater Houston.
* Los Altos, CA: Located in Silicon Valley, it has transformed from an agricultural town to a major residential suburb.
In terms of coast comparisons, the East Coast has the wealthiest suburbs, with 23 making the top 50, including five from New York and five from New Jersey. The West Coast follows with 19 wealthy suburbs.
Image: Visual Capitalist
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