These Are America’s Wealthiest Suburbs (2024)

These Are America’s Wealthiest Suburbs (1)

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.

These Are America’s Wealthiest Suburbs (2)

1. Scarsdale, New York

  • Suburb of: New York-Newark-Jersey City, NY-NJ

  • Average household income: $568,942

  • Typical home value: $1,413,514

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These Are America’s Wealthiest Suburbs (3)

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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These Are America’s Wealthiest Suburbs (4)

3. West University Place, Texas

  • Suburb of: Houston-Sugar Land-Baytown, TX

  • Average household income: $403,845

  • Typical home value: $1,605,049

These Are America’s Wealthiest Suburbs (5)

4. Los Altos, California

  • Suburb of: San Jose-Sunnyvale-Santa Clara, CA

  • Average household income: $400,817

  • Typical home value: $4,451,059

These Are America’s Wealthiest Suburbs (6)

5. Paradise Valley, Arizona

  • Suburb of: Phoenix-Mesa-Glendale, AZ

  • Average household income: $385,643

  • Typical home value: $3,449,905

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6. University Park, Texas

  • Suburb of: Dallas-Fort Worth-Arlington, TX

  • Average household income: $381,235

  • Typical home value: $2,305,281

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These Are America’s Wealthiest Suburbs (8)

7. Hinsdale, Illinois

  • Suburb of: Chicago-Joliet-Naperville, IL

  • Average household income: $380,479

  • Typical home value: $1,088,871

These Are America’s Wealthiest Suburbs (9)

8. Great Falls, Virginia

  • Suburb of: Washington-Arlington-Alexandria, DC-VA-MD

  • Average household income: $373,735

  • Typical home value: $1,564,775

These Are America’s Wealthiest Suburbs (10)

9. Orinda, California

  • Suburb of: San Francisco-Oakland-Fremont, CA

  • Average household income: $370,203

  • Typical home value: $2,078,615

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10. Wellesley, Massachusetts

  • Suburb of: Boston-Cambridge-Quincy, MA

  • Average household income: $367,801

  • Typical home value: $1,979,339

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These Are America’s Wealthiest Suburbs (12)

11. Palm Beach, Florida

These Are America’s Wealthiest Suburbs (13)

12. McLean, Virginia

  • Suburb of: Washington-Arlington-Alexandria, DC-VA-MD

  • Average household income: $364,093

  • Typical home value: $1,541,929

These Are America’s Wealthiest Suburbs (14)

13. Southlake, Texas

  • Suburb of: Dallas-Fort Worth-Arlington, TX

  • Average household income: $360,078

  • Typical home value: $1,240,766

These Are America’s Wealthiest Suburbs (15)

14. Palos Verdes Estates, California

  • Suburb of: Los Angeles-Long Beach-Anaheim, CA

  • Average household income: $342,463

  • Typical home value: $2,890,788

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These Are America’s Wealthiest Suburbs (16)

15. Saratoga, California

  • Suburb of: San Jose-Sunnyvale-Santa Clara, CA

  • Average household income: $329,142

  • Typical home value: $3,981,261

These Are America’s Wealthiest Suburbs (17)

16. Menlo Park, California

  • Suburb of: San Francisco-Oakland-Fremont, CA

  • Average household income: $316,584

  • Typical home value: $2,810,388

These Are America’s Wealthiest Suburbs (18)

17. Lafayette, California

  • Suburb of: San Francisco-Oakland-Fremont, CA

  • Average household income: $312,233

  • Typical home value: $2,001,408

These Are America’s Wealthiest Suburbs (19)

18. La Cañada Flintridge, California

  • Suburb of: Los Angeles-Long Beach-Anaheim, CA

  • Average household income: $310,947

  • Typical home value: $2,481,526

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These Are America’s Wealthiest Suburbs (20)

19. Los Gatos, California

  • Suburb of: San Jose-Sunnyvale-Santa Clara, CA

  • Average household income: $305,653

  • Typical home value: $2,740,764

These Are America’s Wealthiest Suburbs (21)

20. Pinecrest, Florida

  • Suburb of: Miami-Fort Lauderdale-Pompano Beach, FL

  • Average household income: $304,416

  • Typical home value: $2,243,489

These Are America’s Wealthiest Suburbs (22)

21. Mill Valley, California

  • Suburb of: San Francisco-Oakland-Fremont, CA

  • Average household income: $303,623

  • Typical home value: $2,152,207

These Are America’s Wealthiest Suburbs (23)

22. Wolf Trap, Virginia

  • Suburb of: Washington-Arlington-Alexandria, DC-VA-MD

  • Average household income: $301,790

  • Typical home value: $1,204,121

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These Are America’s Wealthiest Suburbs (24)

23. Palo Alto, California

  • Suburb of: San Jose-Sunnyvale-Santa Clara, CA

  • Average household income: $301,226

  • Typical home value: $3,654,765

These Are America’s Wealthiest Suburbs (25)

24. San Carlos, California

  • Suburb of: San Francisco-Oakland-Fremont, CA

  • Average household income: $298,397

  • Typical home value: $2,441,915

25. Bellaire, Texas

  • Suburb of: Houston-Sugar Land-Baytown, TX

  • Average household income: $294,605

  • Typical home value: $1,078,719

These Are America’s Wealthiest Suburbs (27)

26. Summit, New Jersey

  • Suburb of: New York-Newark-Jersey City, NY-NJ

  • Average household income: $291,509

  • Typical home value: $1,244,244

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27. Tenafly, New Jersey

  • Suburb of: New York-Newark-Jersey City, NY-NJ

  • Average household income: $291,096

  • Typical home value: $1,168,510

These Are America’s Wealthiest Suburbs (29)

28. Mercer Island, Washington

  • Suburb of: Seattle-Tacoma-Bellevue, WA

  • Average household income: $290,655

  • Typical home value: $2,374,579

These Are America’s Wealthiest Suburbs (30)

29. Potomac, Maryland

  • Suburb of: Washington-Arlington-Alexandria, DC-VA-MD

  • Average household income: $287,918

  • Typical home value: $1,328,491

These Are America’s Wealthiest Suburbs (31)

30. Lake Forest, Illinois

  • Suburb of: Chicago-Joliet-Naperville, IL

  • Average household income: $284,784

  • Typical home value: $1,097,029

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These Are America’s Wealthiest Suburbs (32)

31. Winchester, Massachusetts

  • Suburb of: Boston-Cambridge-Quincy, MA

  • Average household income: $283,632

  • Typical home value: $1,639,942

These Are America’s Wealthiest Suburbs (33)

32. Cupertino, California

  • Suburb of: San Jose-Sunnyvale-Santa Clara, CA

  • Average household income: $283,063

  • Typical home value: $3,145,958

These Are America’s Wealthiest Suburbs (34)

33. Westfield, New Jersey

  • Suburb of: New York-Newark-Jersey City, NY-NJ

  • Average household income: $281,738

  • Typical home value: $1,138,497

These Are America’s Wealthiest Suburbs (35)

34. Bethesda, Maryland

  • Suburb of: Washington-Arlington-Alexandria, DC-VA-MD

  • Average household income: $281,586

  • Typical home value: $1,286,315

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These Are America’s Wealthiest Suburbs (36)

35. Lexington, Massachusetts

  • Suburb of: Boston-Cambridge-Quincy, MA

  • Average household income: $281,187

  • Typical home value: $1,641,388

These Are America’s Wealthiest Suburbs (37)

36. Manhattan Beach, California

  • Suburb of: Los Angeles-Long Beach-Anaheim, CA

  • Average household income: $280,470

  • Typical home value: $3,161,132

These Are America’s Wealthiest Suburbs (38)

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

These Are America’s Wealthiest Suburbs (39)

38. Ridgewood, New Jersey

  • Suburb of: New York-Newark-Jersey City, NY-NJ

  • Average household income: $277,428

  • Typical home value: $1,055,405

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These Are America’s Wealthiest Suburbs (40)

39. Greenwich, Connecticut

  • Suburb of: New York-Newark-Jersey City, NY-NJ

  • Average household income: $276,350

  • Typical home value: $2,345,511

These Are America’s Wealthiest Suburbs (41)

40. Wilmette, Illinois

  • Suburb of: Chicago-Joliet-Naperville, IL

  • Average household income: $273,718

  • Typical home value: $896,128

These Are America’s Wealthiest Suburbs (42)

41. Princeton, New Jersey

  • Suburb of: New York-Newark-Jersey City, NY-NJ

  • Average household income: $269,420

  • Typical home value: $967,165

These Are America’s Wealthiest Suburbs (43)

42. Needham, Massachusetts

  • Suburb of: Boston-Cambridge-Quincy, MA

  • Average household income: $267,951

  • Typical home value: $1,541,698

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These Are America’s Wealthiest Suburbs (44)

43. Mountain Brook, Alabama

  • Suburb of: Birmingham-Hoover, AL

  • Average household income: $267,337

  • Typical home value: $832,745

These Are America’s Wealthiest Suburbs (45)

44. Vienna, Virginia

  • Suburb of: Washington-Arlington-Alexandria, DC-VA-MD

  • Average household income: $265,744

  • Typical home value: $1,112,463

These Are America’s Wealthiest Suburbs (46)

45. Danville, California

  • Suburb of: San Francisco-Oakland-Fremont, CA

  • Average household income: $264,134

  • Typical home value: $2,014,964

These Are America’s Wealthiest Suburbs (47)

46. Dix Hills, New York

  • Suburb of: New York-Newark-Jersey City, NY-NJ

  • Average household income: $262,723

  • Typical home value: $998,484

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These Are America’s Wealthiest Suburbs (48)

47. Sammamish, Washington

  • Suburb of: Seattle-Tacoma-Bellevue, WA

  • Average household income: $261,753

  • Typical home value: $1,657,550

These Are America’s Wealthiest Suburbs (49)

48. Moraga, California

  • Suburb of: San Francisco-Oakland-Fremont, CA

  • Average household income: $259,468

  • Typical home value: $1,897,230

These Are America’s Wealthiest Suburbs (50)

49. Calabasas, California

  • Suburb of: Los Angeles-Long Beach-Anaheim, CA

  • Average household income: $257,894

  • Typical home value: $1,922,163

These Are America’s Wealthiest Suburbs (51)

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.

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

These Are America’s Wealthiest Suburbs (2024)

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