Move over New York City, Los Angeles 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 $1.4M+. California dominated rankings with 16 suburbs in the top 50. The top five most expensive California suburbs are Los Altos ($400k), Orinda ($370), Palos Verdes Estates ($342k), Saratoga ($329k) and Menlo Park ($316k) . 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 .
Alex Potemkin / Getty Images/iStockphoto 1. Scarsdale, New York Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $568,942 Typical home value: $1,413,514 Check Out: A $150K Income Is ‘Lower Middle Class’ In These High-Cost Cities
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bleung / Shutterstock.com 2. Rye, New York Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $405,074 Typical home value: $2,119,482
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Art Wager / Getty Images 3. West University Place, Texas Suburb of: Houston-Sugar Land-Baytown, TX Average household income: $403,845 Typical home value: $1,605,049 NNehring / Getty Images/iStockphoto
4. Los Altos, California Suburb of: San Jose-Sunnyvale-Santa Clara, CA Average household income: $400,817 Typical home value: $4,451,059 DenisTangneyJr / Getty Images/iStockphoto 5. Paradise Valley, Arizona Suburb of: Phoenix-Mesa-Glendale, AZ Average household income: $385,643 Typical home value: $3,449,905 Michael Barera / Wikimedia Commons CC-BY-SA 4
6. University Park, Texas Suburb of: Dallas-Fort Worth-Arlington, TX Average household income: $381,235 Typical home value: $2,305,281 For You: Housing Market 2024: Zillow Predicts 5 Hottest Home Trends That Homebuyers Will Be Looking For
Pgiam / Getty Images 7. Hinsdale, Illinois Suburb of: Chicago-Joliet-Naperville, IL Average household income: $380,479 Typical home value: $1,088,871
Jon Bilous / Shutterstock.com 8. Great Falls, Virginia Suburb of: Washington-Arlington-Alexandria, DC-VA-MD Average household income: $373,735 Typical home value: $1,564,775 Andrei Stanescu / Getty Images/iStockphoto 9. Orinda, California Suburb of: San Francisco-Oakland-Fremont, CA Average household income: $370,203 Typical home value: $2,078,615 ©Shutterstock.com 10. Wellesley, Massachusetts Suburb of: Boston-Cambridge-Quincy, MA Average household income: $367,801 Typical home value: $1,979,339 Read Next: 50 Safest and Most Affordable US Cities To Live In
©iStock.com 11. Palm Beach, Florida Suburb of: Miami-Fort Lauderdale-Pompano Beach, FL Average household income: $365,991 Typical home value: $11,571,608 Photographer: Carol M. Highsmith / Library of Congress 12. McLean, Virginia Suburb of: Washington-Arlington-Alexandria, DC-VA-MD Average household income: $364,093 Typical home value: $1,541,929 Barbara Smyers / Getty Images/iStockphoto 13. Southlake, Texas Suburb of: Dallas-Fort Worth-Arlington, TX Average household income: $360,078 Typical home value: $1,240,766 ©Shutterstock.com 14. Palos Verdes Estates, California Suburb of: Los Angeles-Long Beach-Anaheim, CA Average household income: $342,463 Typical home value: $2,890,788 Find Out: 7 Worst States To Buy Property in the Next 5 Years, According to Real Estate Agents
©iStock.com 15. Saratoga, California Suburb of: San Jose-Sunnyvale-Santa Clara, CA Average household income: $329,142 Typical home value: $3,981,261 Zenstrata / Shutterstock.com 16. Menlo Park, California Suburb of: San Francisco-Oakland-Fremont, CA Average household income: $316,584 Typical home value: $2,810,388 ©iStock.com 17. Lafayette, California Suburb of: San Francisco-Oakland-Fremont, CA Average household income: $312,233 Typical home value: $2,001,408 Michael Warren / Getty Images 18. La Cañada Flintridge, California Suburb of: Los Angeles-Long Beach-Anaheim, CA Average household income: $310,947 Typical home value: $2,481,526 Check Out: I’m a Real Estate Agent: 5 Cities Where Homes Will Be the Best Bargains in 2024
Andrei Stanescu / Getty Images 19. Los Gatos, California Suburb of: San Jose-Sunnyvale-Santa Clara, CA Average household income: $305,653 Typical home value: $2,740,764 ©Shutterstock.com 20. Pinecrest, Florida Suburb of: Miami-Fort Lauderdale-Pompano Beach, FL Average household income: $304,416 Typical home value: $2,243,489 yhelfman / Getty Images/iStockphoto 21. Mill Valley, California Suburb of: San Francisco-Oakland-Fremont, CA Average household income: $303,623 Typical home value: $2,152,207 ©Shutterstock.com 22. Wolf Trap, Virginia Suburb of: Washington-Arlington-Alexandria, DC-VA-MD Average household income: $301,790 Typical home value: $1,204,121 Be Aware: Why Florida’s Retirees Are Fleeing — And Where They’re Going Instead
Sanfranman59 / Wikimedia Commons CC-BY-SA-3 23. Palo Alto, California Suburb of: San Jose-Sunnyvale-Santa Clara, CA Average household income: $301,226 Typical home value: $3,654,765 IrynaN / Shutterstock.com 24. San Carlos, California Suburb of: San Francisco-Oakland-Fremont, CA Average household income: $298,397 Typical home value: $2,441,915 Alizada Studios / Shutterstock.com 25. Bellaire, Texas Suburb of: Houston-Sugar Land-Baytown, TX Average household income: $294,605 Typical home value: $1,078,719 James Kirkikis / Shutterstock.com 26. Summit, New Jersey Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $291,509 Typical home value: $1,244,244 Read Next: Here’s the Cost To Retire Comfortably in Every State by Age
DenisTangneyJr / Getty Images/iStockphoto 27. Tenafly, New Jersey Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $291,096 Typical home value: $1,168,510 Art Wager / iStock.com 28. Mercer Island, Washington Suburb of: Seattle-Tacoma-Bellevue, WA Average household income: $290,655 Typical home value: $2,374,579 Guillermo Olaizola / Shutterstock.com 29. Potomac, Maryland Suburb of: Washington-Arlington-Alexandria, DC-VA-MD Average household income: $287,918 Typical home value: $1,328,491 Joe Hendrickson / Shutterstock.com 30. Lake Forest, Illinois Suburb of: Chicago-Joliet-Naperville, IL Average household income: $284,784 Typical home value: $1,097,029 Explore More: Why Many Regret Moving to Texas Post-Pandemic
DenisTangneyJr / Getty Images/iStockphoto 31. Winchester, Massachusetts Suburb of: Boston-Cambridge-Quincy, MA Average household income: $283,632 Typical home value: $1,639,942 Uladzik Kryhin / Shutterstock.com 32. Cupertino, California Suburb of: San Jose-Sunnyvale-Santa Clara, CA Average household income: $283,063 Typical home value: $3,145,958 Donald Siano / Wikimedia Commons 33. Westfield, New Jersey Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $281,738 Typical home value: $1,138,497 Jon Bilous / Shutterstock.com 34. Bethesda, Maryland Suburb of: Washington-Arlington-Alexandria, DC-VA-MD Average household income: $281,586 Typical home value: $1,286,315 Learn More: In Less Than a Year, You Might Not Be Able To Afford To Live in These 6 US Housing Markets
flySnow / Getty Images/iStockphoto 35. Lexington, Massachusetts Suburb of: Boston-Cambridge-Quincy, MA Average household income: $281,187 Typical home value: $1,641,388 Kirk Wester / Getty Images/iStockphoto 36. Manhattan Beach, California Suburb of: Los Angeles-Long Beach-Anaheim, CA Average household income: $280,470 Typical home value: $3,161,132 DenisTangneyJr / Getty Images 37. Garden City, New York Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $279,539 Typical home value: $1,196,407 J / Wikimedia Commons 38. Ridgewood, New Jersey Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $277,428 Typical home value: $1,055,405 Discover More: Cheapest Places To Buy a Home in Every State
©iStock.com 39. Greenwich, Connecticut Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $276,350 Typical home value: $2,345,511 DenisTangneyJr / Getty Images/iStockphoto 40. Wilmette, Illinois Suburb of: Chicago-Joliet-Naperville, IL Average household income: $273,718 Typical home value: $896,128 HaizhanZheng / Getty Images/iStockphoto 41. Princeton, New Jersey Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $269,420 Typical home value: $967,165 Wangkun Jia / Shutterstock.com 42. Needham, Massachusetts Suburb of: Boston-Cambridge-Quincy, MA Average household income: $267,951 Typical home value: $1,541,698 Find Out: 10 Dangerous Cities You Shouldn’t Buy a Home in No Matter the Price
Michael Warren / Getty Images 43. Mountain Brook, Alabama Suburb of: Birmingham-Hoover, AL Average household income: $267,337 Typical home value: $832,745 Cvandyke / Shutterstock.com 44. Vienna, Virginia Suburb of: Washington-Arlington-Alexandria, DC-VA-MD Average household income: $265,744 Typical home value: $1,112,463 yhelfman / Getty Images/iStockphoto 45. Danville, California Suburb of: San Francisco-Oakland-Fremont, CA Average household income: $264,134 Typical home value: $2,014,964 John Penney / Getty Images 46. Dix Hills, New York Suburb of: New York-Newark-Jersey City, NY-NJ Average household income: $262,723 Typical home value: $998,484 Check Out: 3 Florida Cities Where You Can Buy Homes For $100,000 or Less
4nadia / Getty Images/iStockphoto 47. Sammamish, Washington Suburb of: Seattle-Tacoma-Bellevue, WA Average household income: $261,753 Typical home value: $1,657,550 zorazhuang / iStock/Getty Images 48. Moraga, California Suburb of: San Francisco-Oakland-Fremont, CA Average household income: $259,468 Typical home value: $1,897,230 Ed-Ni-Photo / Getty Images/iStockphoto 49. Calabasas, California Suburb of: Los Angeles-Long Beach-Anaheim, CA Average household income: $257,894 Typical home value: $1,922,163 Doug Kerr / Wikimedia Commons 50. Harrison, New York Suburb of: New York-Newark-Jersey City, NY-NJ 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 was then able to find which metro area they were a suburb of as well as the 2024 typical home value for the city as sourced from Zillow. All data was collected and is up to date as of June 18, 2024.
This article originally appeared on GOBankingRates.com : These Are America’s Wealthiest Suburbs
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