These Are America’s 50 Wealthiest Suburbs

Move over New York, Los Angeles, Chicago and Miami. Wealthy Americans are swapping notoriously rich city locales in favor of making moves to quiet, secluded suburbs like Scarsdale, Calabasas and Palm Beach.

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Which suburbs are home to some of the wealthiest Americans? To find out, GOBankingRates looked at all cities with 5,000 or more households and isolated the 50 cities with the highest average household income. The 2024 typical home value and metro area location were then sourced to determine the wealthiest suburbs.

Key Findings

• The wealthiest U.S. suburb is Scarsdale, New York where the average household income is $568,942. The typical home value in Scarsdale is $1.4 million.

• California dominated rankings with 16 suburbs in the top 50. The five most expensive California suburbs are Los Altos ($400,000), Orinda ($370,000), Palos Verdes Estates ($342,000), Saratoga ($329,000) and Menlo Park ($316,000).

• Which coast has the wealthiest suburbs? The East Coast took the lead with 23 wealthy suburbs, including five in New York and five in New Jersey, making the top 50 ranking. In second place is the West Coast with 19 suburbs.

In order of suburbs with the highest to lowest average household income, keep reading to see which suburbs are among the wealthiest in the United States.

1. Scarsdale, New York

• Suburb of: New York City

• Average household income: $568,942

• Typical home value: $1,413,514

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2. Rye, New York

• Suburb of: New York City

• Average household income: $405,074

• Typical home value: $2,119,482

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3. West University Place, Texas

• Suburb of: Houston

• Average household income: $403,845

• Typical home value: $1,605,049

4. Los Altos, California

• Suburb of: San Jose

• Average household income: $400,817

• Typical home value: $4,451,059

5. Paradise Valley, Arizona

• Suburb of: Phoenix

• Average household income: $385,643

• Typical home value: $3,449,905

6. University Park, Texas

• Suburb of: Dallas

• Average household income: $381,235

• Typical home value: $2,305,281

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7. Hinsdale, Illinois

• Suburb of: Chicago

• Average household income: $380,479

• Typical home value: $1,088,871

8. Great Falls, Virginia

• Suburb of: Washington, D.C.

• Average household income: $373,735

• Typical home value: $1,564,775

9. Orinda, California

• Suburb of: San Francisco

• Average household income: $370,203

• Typical home value: $2,078,615

10. Wellesley, Massachusetts

• Suburb of: Boston

• Average household income: $367,801

• Typical home value: $1,979,339

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11. Palm Beach, Florida

• Suburb of: Miami

• Average household income: $365,991

• Typical home value: $11,571,608

12. McLean, Virginia

• Suburb of: Washington, D.C.

• Average household income: $364,093

• Typical home value: $1,541,929

13. Southlake, Texas

• Suburb of: Dallas

• Average household income: $360,078

• Typical home value: $1,240,766

14. Palos Verdes Estates, California

• Suburb of: Los Angeles

• Average household income: $342,463

• Typical home value: $2,890,788

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15. Saratoga, California

• Suburb of: San Jose

• Average household income: $329,142

• Typical home value: $3,981,261

16. Menlo Park, California

• Suburb of: San Francisco

• Average household income: $316,584

• Typical home value: $2,810,388

17. Lafayette, California

• Suburb of: San Francisco

• Average household income: $312,233

• Typical home value: $2,001,408

18. La Cañada Flintridge, California

• Suburb of: Los Angeles

• Average household income: $310,947

• Typical home value: $2,481,526

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19. Los Gatos, California

• Suburb of: San Jose

• Average household income: $305,653

• Typical home value: $2,740,764

20. Pinecrest, Florida

• Suburb of: Miami

• Average household income: $304,416

• Typical home value: $2,243,489

21. Mill Valley, California

• Suburb of: San Francisco

• Average household income: $303,623

• Typical home value: $2,152,207

22. Wolf Trap, Virginia

• Suburb of: Washington, D.C.

• Average household income: $301,790

• Typical home value: $1,204,121

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23. Palo Alto, California

• Suburb of: San Jose

• Average household income: $301,226

• Typical home value: $3,654,765

24. San Carlos, California

• Suburb of: San Francisco

• Average household income: $298,397

• Typical home value: $2,441,915

25. Bellaire, Texas

• Suburb of: Houston

• Average household income: $294,605

• Typical home value: $1,078,719

26. Summit, New Jersey

• Suburb of: New York City

• Average household income: $291,509

• Typical home value: $1,244,244

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27. Tenafly, New Jersey

• Suburb of: New York City

• Average household income: $291,096

• Typical home value: $1,168,510

28. Mercer Island, Washington

• Suburb of: Seattle

• Average household income: $290,655

• Typical home value: $2,374,579

29. Potomac, Maryland

• Suburb of: Washington, D.C.

• Average household income: $287,918

• Typical home value: $1,328,491

30. Lake Forest, Illinois

• Suburb of: Chicago

• Average household income: $284,784

• Typical home value: $1,097,029

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31. Winchester, Massachusetts

• Suburb of: Boston

• Average household income: $283,632

• Typical home value: $1,639,942

32. Cupertino, California

• Suburb of: San Jose

• Average household income: $283,063

• Typical home value: $3,145,958

33. Westfield, New Jersey

• Suburb of: New York City

• Average household income: $281,738

• Typical home value: $1,138,497

34. Bethesda, Maryland

• Suburb of: Washington, D.C.

• Average household income: $281,586

• Typical home value: $1,286,315

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35. Lexington, Massachusetts

• Suburb of: Boston

• Average household income: $281,187

• Typical home value: $1,641,388

36. Manhattan Beach, California

• Suburb of: Los Angeles

• Average household income: $280,470

• Typical home value: $3,161,132

37. Garden City, New York

• Suburb of: New York City

• Average household income: $279,539

• Typical home value: $1,196,407

38. Ridgewood, New Jersey

• Suburb of: New York City

• Average household income: $277,428

• Typical home value: $1,055,405

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39. Greenwich, Connecticut

• Suburb of: New York City

• Average household income: $276,350

• Typical home value: $2,345,511

40. Wilmette, Illinois

• Suburb of: Chicago

• Average household income: $273,718

• Typical home value: $896,128

41. Princeton, New Jersey

• Suburb of: Trenton

• Average household income: $269,420

• Typical home value: $967,165

42. Needham, Massachusetts

• Suburb of: Boston

• Average household income: $267,951

• Typical home value: $1,541,698

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43. Mountain Brook, Alabama

• Suburb of: Birmingham

• Average household income: $267,337

• Typical home value: $832,745

44. Vienna, Virginia

• Suburb of: Washington, D.C.

• Average household income: $265,744

• Typical home value: $1,112,463

45. Danville, California

• Suburb of: San Francisco

• Average household income: $264,134

• Typical home value: $2,014,964

46. Dix Hills, New York

• Suburb of: New York City

• Average household income: $262,723

• Typical home value: $998,484

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47. Sammamish, Washington

• Suburb of: Seattle

• Average household income: $261,753

• Typical home value: $1,657,550

48. Moraga, California

• Suburb of: San Francisco

• Average household income: $259,468

• Typical home value: $1,897,230

49. Calabasas, California

• Suburb of: Los Angeles

• Average household income: $257,894

• Typical home value: $1,922,163

50. Harrison, New York

• Suburb of: New York City

• Average household income: $257,202

• Typical home value: $1,312,689

Methodology: For this piece, GOBankingRates looked at all cities with 5,000 households or more. GOBankingRates then isolated the 50 cities with the highest average household income, as sourced from the 2022 American Community Survey. GOBankingRates then found the 2024 typical home value for the city, as sourced from Zillow. All data was collected on and is up to date as of Jun. 18, 2024.

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This article originally appeared on GOBankingRates.com: These Are America’s 50 Wealthiest Suburbs