This New York town is the wealthiest suburb in the whole country
With an average household income of $601,193 in 2023 (up 2.2-percent from the year prior) and average home values tipping the scales at $1.2 million, Scarsdale isn't just rich—it's in a class of its own. That's despite stiff competition from glossy zip codes in California and Texas, many of which saw either a dip in income or cooling home prices. But not Scarsdale. Here, the Tudor homes remain pristine, the train to Grand Central runs like clockwork and the public schools are practically a brand name.
Located just 20 miles from Midtown Manhattan (or about 30 minutes via Metro-North), Scarsdale has long been a magnet for high earners who want suburban serenity with a side of status. It's not just hedge funders and lawyers, either, though there are plenty of those. The town also boasts a large foreign-born population, including a long-established Japanese community and more than 90-percent of adults hold a bachelor's degree or higher.
So what makes Scarsdale stand out among the 50 wealthiest suburbs nationwide? While other top-tier 'burbs—like Los Altos, California, and West University Place, Texas—have posted either shrinking incomes or slower growth, Scarsdale has quietly continued to climb. Home values are up 3.2-percent over the past year and income growth continues to outpace inflation.
Notably, Scarsdale wasn't the only New York suburb to flex its financial muscle—nearby Rye came in second, with an average household income of $421,259 and home values that actually beat Scarsdale's at nearly $1.9 million. But it's Scarsdale that remains the gold standard of suburban affluence, with just the right mix of manicured charm, generational wealth and proximity to the city.
Want in? Hope you're ready to drop seven figures and battle a competitive real estate market where listings disappear faster than a table at Carbone. But hey, at least you'll be neighbors with America's wealthiest. Again.
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