Latest news with #U.S.Census2023AmericanCommunitySurvey
Yahoo
3 days ago
- Business
- Yahoo
The Wealthiest Suburb in Each of America's 50 Largest Metro Areas
You might have some familiarity with the nation's 50 wealthiest suburbs, as ranked by GOBankingRates in July 2025. But what about the wealthiest suburbs in the 50 largest U.S. metros — such as Miami, Los Angeles and New York? Discover More: View Next: For this study, GOBankingRates used the U.S. Census 2023 American Community Survey to find the 50 largest metropolitan areas by population and identify the cities with the highest average household incomes within each Metropolitan Statistical Area (as defined by the Census). Qualifying suburbs must have a minimum of 5,000 households and not be principal cities. Each suburb's 2022 and 2023 household mean incomes were sourced and the CPI inflation calculator was used to find the 2022 household mean income's value in 2023. The Zillow Home Value Index was referenced to source each suburb's average single-family home value in 2025. The one-year change in dollar amount and percent was calculated for the inflation-adjusted household mean income and the single-family home value. The rankings for each suburb are based on population, with the most populated MSA first. Key Findings Scarsdale, which ranked as the wealthiest suburb in the nation, is obviously therefore the wealthiest suburb in New York City. Over the course of one year, the household mean income in Scarsdale increased by 2.45% while home values went up by 4.60%. The wealthiest suburbs in the five biggest cities are Scarsdale (New York City), Palos Verdes Estates (Los Angeles), Hinsdale (Chicago), University Park (Dallas) and West University Place (Houston). The wealthiest suburbs in the Midwest have average incomes of $161,000 on the low end (Mason, Ohio) and as high as $376,000 (Hinsdale). Four Florida suburbs ranked in the top 50 with average incomes above $180,000: Pinecrest (#9), Keystone (#18), Lake Butler (#22) and Nocatee (#39). Here are the wealthiest suburbs in the 50 largest metropolitan areas in the United States, ranked by population. Find Out: Learn More: 1. Scarsdale, New York Suburb of: New York City (19.8 million) Household mean income 2023: $601,193 Household mean income 1-year growth change (%): 2.45% Average home value June 2025: $1,607,856 One-year home value change (%): 4.60% That's Interesting: 2. Palos Verdes Estates, California Suburb of: Los Angeles (13 million) Household mean income 2023: $367,178 Household mean income 1-year growth change (%): 3.96% Average home value June 2025: $2,777,130 One-year home value change (%): -0.16% 3. Hinsdale, Illinois Suburb of: Chicago (9.4 million) Household mean income 2023: $376,366 Household mean income 1-year growth change (%): -4.09% Average home value June 2025: $1,259,123 One-year home value change (%): 8.09% 4. University Park, Texas Suburb of: Dallas (7.8 million) Household mean income 2023: $389,868 Household mean income 1-year growth change (%): -0.85% Average home value June 2025: $2,432,712 One-year home value change (%): 4.14% 5. West University Place, Texas Suburb of: Houston (7.3 million) Household mean income 2023: $409,677 Household mean income 1-year growth change (%): -1.64% Average home value June 2025: $1,102,617 One-year home value change (%): 4.27% 6. McLean, Virginia Suburb of: Washington, D.C. (6.3 million) Household mean income 2023: $364,591 Household mean income 1-year growth change (%): -2.91% Average home value June 2025: $1,726,735 One-year home value change (%): 5.36% Explore More: 7. Ardmore, Pennsylvania Suburb of: Philadelphia (6.2 million) Household mean income 2023: $161,029 Household mean income 1-year growth change (%): -5.80% Average home value June 2025: $527,016 One-year home value change (%): 2.02% 8. Milton, Georgia Suburb of: Atlanta (6.2 million) Household mean income 2023: $225,532 Household mean income 1-year growth change (%): 2.08% Average home value June 2025: $976,830 One-year home value change (%): 0.57% 9. Pinecrest, Florida Suburb of: Miami (6.1 million) Household mean income 2023: $312,591 Household mean income 1-year growth change (%): -0.44% Average home value June 2025: $2,386,253 One-year home value change (%): -1.32% 10. Scottsdale, Arizona Suburb of: Phoenix (4.9 million) Household mean income 2023: $168,679 Household mean income 1-year growth change (%): 2.30% Average home value June 2025: $946,327 One-year home value change (%): -0.32% 11. Wellesley, Massachusetts Suburb of: Boston (4.9 million) Household mean income 2023: $368,179 Household mean income 1-year growth change (%): -2.94% Average home value June 2025: $2,098,597 One-year home value change (%): 2.72% Trending Now: 12. Alamo, California Suburb of: Oakland (4.7 million) Household mean income 2023: $403,334 Household mean income 1-year growth change (%): 1.32% Average home value June 2025: $2,508,177 One-year home value change (%): -3.27% 13. Eastvale, California Suburb of: Riverside, California (4.6 million) Household mean income 2023: $177,404 Household mean income 1-year growth change (%): 1.93% Average home value June 2025: $965,438 One-year home value change (%): 1.03% 14. Birmingham, Michigan Suburb of: Detroit (4.4 million) Household mean income 2023: $240,711 Household mean income 1-year growth change (%): -0.52% Average home value June 2025: $822,581 One-year home value change (%): 4.06% 15. Mercer Island, Washington Suburb of: Seattle (4 million) Household mean income 2023: $303,425 Household mean income 1-year growth change (%): 1.22% Average home value June 2025: $2,494,508 One-year home value change (%): 2.49% 16. Edina, Minnesota Suburb of: Minneapolis (3.7 million) Household mean income 2023: $205,682 Household mean income 1-year growth change (%): 2.30% Average home value June 2025: $785,567 One-year home value change (%): 2.48% Be Aware: 17. Solana Beach, California Suburb of: San Diego (3.3 million) Household mean income 2023: $216,465 Household mean income 1-year growth change (%): 2.99% Average home value June 2025: $2,561,444 One-year home value change (%): -0.31% 18. Keystone, Florida Suburb of: Tampa (3.2 million) Household mean income 2023: $199,755 Household mean income 1-year growth change (%): 1.19% Average home value June 2025: $277,636 One-year home value change (%): -0.35% 19. Greenwood Village, Colorado Suburb of: Denver (3 million) Household mean income 2023: $258,780 Household mean income 1-year growth change (%): -0.20% Average home value June 2025: $1,639,158 One-year home value change (%): 2.75% 20. Annapolis Neck, Maryland Suburb of: Baltimore (2.8 million) Household mean income 2023: $240,059 Household mean income 1-year growth change (%): 7.72% Average home value June 2025: $665,302 One-year home value change (%): 3.22% 21. Clayton, Missouri Suburb of: St. Louis (2.8 million) Household mean income 2023: $216,884 Household mean income 1-year growth change (%): 1.51% Average home value June 2025: $1,124,202 One-year home value change (%): 2.26% View More: 22. Lake Butler, Florida Suburb of: Orlando (2.7 million) Household mean income 2023: $289,593 Household mean income 1-year growth change (%): 3.81% Average home value June 2025: $748,699 One-year home value change (%): -1-78% 23. Davidson, North Carolina Suburb of: Charlotte (2.7 million) Household mean income 2023: $216,825 Household mean income 1-year growth change (%): 8.47% Average home value June 2025: $710,690 One-year home value change (%): 1.36% 24. Timberwood Park, Texas Suburb of: San Antonio (2.6 million) Household mean income 2023: $174,015 Household mean income 1-year growth change (%): 2.93% Average home value June 2025: $529,276 One-year home value change (%): 0.62% 25. Cedar Mill, Oregon Suburb of: Portland (2.5 million) Household mean income 2023: $223,012 Household mean income 1-year growth change (%): -2.04% Average home value June 2025: $796,226 One-year home value change (%): -1.17% 26. Franklin Park, Pennsylvania Suburb of: Pittsburgh (2.4 million) Household mean income 2023: $218,236 Household mean income 1-year growth change (%): 3.24% Average home value June 2025: $502,695 One-year home value change (%): 2.25% Discover Next: 27. Granite Bay, California Suburb of: Sacramento (2.4 million) Household mean income 2023: $241,994 Household mean income 1-year growth change (%): 1.19% Average home value June 2025: $1,140,609 One-year home value change (%): 0.70% 28. Steiner Ranch, Texas Suburb of: Austin (2.4 million) Household mean income 2023: $232,530 Household mean income 1-year growth change (%): 4.11% Average home value June 2025: $847,186 One-year home value change (%): -5.97% 29. Summerlin South, Nevada Suburb of: Las Vegas (2.3 million) Household mean income 2023: $181,232 Household mean income 1-year growth change (%): 3.05% Average home value June 2025: $733,035 One-year home value change (%): 5.61% 30. Mason, Ohio Suburb of: Cincinnati (2.3 million) Household mean income 2023: $161,798 Household mean income 1-year growth change (%): -0.88% Average home value June 2025: $565,612 One-year home value change (%): 4.59% 31. Leawood, Kansas Suburb of: Kansas City (2.2 million) Household mean income 2023: $257,427 Household mean income 1-year growth change (%): -0.23% Average home value June 2025: $772,459 One-year home value change (%): 1.19% Read More: 32. Solon, Ohio Suburb of: Cleveland (2.2 million) Household mean income 2023: $186,260 Household mean income 1-year growth change (%): -0.45% Average home value June 2025: $461,665 One-year home value change (%): 4.23% 33. Powell, Ohio Suburb of: Columbus (2.2 million) Household mean income 2023: $235,043 Household mean income 1-year growth change (%): 3.95% Average home value June 2025: $602,962 One-year home value change (%): 1.56% 34. Zionsville, Indiana Suburb of: Indianapolis (2.1 million) Household mean income 2023: $220,563 Household mean income 1-year growth change (%): 4.73% Average home value June 2025: $666,102 One-year home value change (%): 3.88% 35. Brentwood, Tennessee Suburb of: Nashville (2 million) Household mean income 2023: $261,248 Household mean income 1-year growth change (%): 0.57% Average home value June 2025: $1,411,965 One-year home value change (%): 4.31% 36. Los Altos, California Suburb of: San Jose (2 million) Household mean income 2023: $403,512 Household mean income 1-year growth change (%): -2.39% Average home value June 2025: $4,503,419 One-year home value change (%): 4.15% Try This: 37. Suffolk, Virginia Suburb of: Norfolk (1.8 million) Household mean income 2023: $115,247 Household mean income 1-year growth change (%): -0.57% Average home value June 2025: $379,211 One-year home value change (%): 2.05% 38. Somerset, Massachusetts Suburb of: Providence, Rhode Island (1.7 million) Household mean income 2023: $135,462 Household mean income 1-year growth change (%): 3.00% Average home value June 2025: $503,165 One-year home value change (%): 3.91% 39. Nocatee, Florida Suburb of: Jacksonville (1.6 million) Household mean income 2023: $199,337 Household mean income 1-year growth change (%): 2.58% Average home value June 2025: $256,643 One-year home value change (%): -4.35% 40. Mequon, Wisconsin Suburb of: Milwaukee (1.6 million) Household mean income 2023: $209,904 Household mean income 1-year growth change (%): -1.48% Average home value June 2025: $669,603 One-year home value change (%): -1.27% 41. Apex, North Carolina Suburb of: Raleigh (1.4 million) Household mean income 2023: $166,754 Household mean income 1-year growth change (%): 3.77% Average home value June 2025: $621,372 One-year home value change (%): -0.60% Read Next: 42. Edmond, Oklahoma Suburb of: Oklahoma City (1.4 million) Household mean income 2023: $142,597 Household mean income 1-year growth change (%): 0.67% Average home value June 2025: $353,608 One-year home value change (%): 0.92% 43. Saint Matthews, Kentucky Suburb of: Louisville (1.4 million) Household mean income 2023: $106,545 Household mean income 1-year growth change (%): -1.73% Average home value June 2025: $423,675 One-year home value change (%): 3.94% 44. Germantown, Tennessee Suburb of: Memphis (1.3 million) Household mean income 2023: $190,980 Household mean income 1-year growth change (%): -2.07% Average home value June 2025: $498,820 One-year home value change (%): -1.39% 45. Short Pump, Virginia Suburb of: Richmond (1.3 million) Household mean income 2023: $170,383 Household mean income 1-year growth change (%): 1.35% Average home value June 2025: $541,502 One-year home value change (%): 1.64% 46. Draper, Utah Suburb of: Salt Lake City (1.3 million) Household mean income 2023: $172,277 Household mean income 1-year growth change (%): 1.27% Average home value June 2025: $851,683 One-year home value change (%): 2.14% For You: 47. Mountain Brook, Alabama Suburb of: Birmingham (1.2 million) Household mean income 2023: $302,510 Household mean income 1-year growth change (%): 9.71% Average home value June 2025: $1,034,200 One-year home value change (%): 3.51% 48. Clovis, California Suburb of: Fresno (1.2 million) Household mean income 2023: $128,557 Household mean income 1-year growth change (%): 1.16% Average home value June 2025: $523,980 One-year home value change (%): 0.21% 49. Eggertsville, New York Suburb of: Buffalo (1.2 million) Household mean income 2023: $123,281 Household mean income 1-year growth change (%): 4.66% Average home value June 2025: $313,736 One-year home value change (%): 3.06% 50. Forest Hills, Michigan Suburb of: Grand Rapids (1.2 million) Household mean income 2023: $226,614 Household mean income 1-year growth change (%): -0.02% Average home value June 2025: $515,767 One-year home value change (%): 5.00%Editor's note: Photos are for illustrative purposes only. In many cases, the closest major city outside of the city mentioned in the article was used. Methodology: For this study, GOBankingRates found the 50 largest metropolitan areas by population as sourced from the U.S. Census 2023 American Community Survey. Using the American Community Survey, the cities with the highest average household income within each MSA were identified. To qualify for this study, the suburb has to have at least 5,000 households and not be a principal city, a city named in the title of the MSA. For each suburb, GOBankingRates identified total population, total households, population ages 65 and over, 2023 household median income, 2023 household mean income and 2022 household mean income — all sourced from the American Community Survey. Using the CPI inflation calculator from the Bureau of Labor Statistics, the 2022 household mean income was used to find the value in 2023. The average single-family home value was sourced from Zillow Home Value Index for each suburb for June 2025 and June 2024. The one-year change in dollar amount and percent was calculated for the inflation-adjusted household mean income and the single-family home value. The suburbs were sorted to show the most population MSA first. All data was collected on and is up to date as of Aug. 1, 2025. More From GOBankingRates 5 Ways Trump Signing the GENIUS Act Could Impact Retirees6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives This article originally appeared on The Wealthiest Suburb in Each of America's 50 Largest Metro Areas Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time Out
18-07-2025
- Business
- Time Out
This U.S. state has the most wealthy suburbs in the country
A recent study by GOBanking reveals the wealthiest suburbs in the U.S., and it's no surprise that California is home to quite a few of them. For the second year straight, California leads the pack with 17 suburbs making the top 50 list of wealthiest suburbs in 2025, up from 16 'burbs last year. New York and Texas follow behind, but California's grip on luxury living looks unshakable. At the very top of the list is Scarsdale, New York. Crowned the nation's wealthiest suburb for the second year in a row, Scarsdale saw its average household income climb from $588,014 in 2022 to $601,193 in 2023—a 2.2-percent boost. Average home values there also jumped 3.2-percent to $1,207,528 by May 2025. Known for its stately Tudor homes and proximity to Manhattan, Scarsdale stays undefeated. Just behind Scarsdale is Rye, another New York enclave with sky-high incomes and property values. But California flexes real muscle with five of the state's suburbs making the top tier by average household income. Leading them is Los Altos at $403,512, followed closely by newcomer Alamo ($403,334), then Orinda ($369,073), Palos Verdes Estates ($367,178) and Saratoga ($344,319). Texas is also high on the list. Five Lone Star suburbs cracked the top 50, with three landing in the top 10. West University Place, University Park and Southlake all posted impressive income figures. Southlake, notably, jumped from number 13 in 2024 to number seven in 2025—proof that Texas wealth keeps rising. GOBankingRates used data from the U.S. Census 2023 American Community Survey, looking at suburbs (with at least 5,000 households) outside principal cities. They measured factors like average and median household income, population size and home values (sourced from Zillow's May 2025 index) to shape the final ranking. Newcomers this year include Alamo, California and Southlake, Texas in the top 10, plus Coto de Caza, California; Lake Butler, Florida; Colleyville, Texas; Newton, Massachusetts and Brentwood, Tennessee. Together, the numbers paint a clear picture: New York still claims the very top, but California's depth is unmatched, while Texas shows steady upward momentum. For anyone tracking where America's money lives, these wealthy suburbs are the places to watch in 2025. Find the full study here.
