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Yahoo
5 days ago
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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 Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Yahoo
6 days ago
- Business
- Yahoo
The Wealthiest Suburb in Each of America's 50 Largest Metro Areas
Rocky89 / 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: GOBankingRates Original Research Center View Next: Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has a 'Real Shot' -- Here's Why 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. Alex Potemkin / Getty Images/iStockphoto 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: I Asked ChatGPT If a Recession Is Coming Soon — Here's What It Said Learn More: Here's How Much Every Tax Bracket Would Gain — or Lose — Under Trump's 'Big, Beautiful Bill' Alex Potemkin / Getty Images/iStockphoto 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: J.P. Morgan Offers 3 Reasons the US Dollar Is Losing Value — and Why It Might Be Good for Your Wallet joebelanger / Getty Images/iStockphoto 2. Palos Verdes Estates, California
Forbes
01-08-2025
- Business
- Forbes
Why Do Workers Blame Themselves When There's No Work?
Employment in the US is a very uneven metric of economic stability. Some of the fastest growth is occurring in large metropolitan areas, where industries can thrive and benefit from local talent, infrastructure, and resources. Conversely, rural areas have been seeing a brain drain for some time, with few sources of employment for the residents who do remain. Manufacturing has also been shrinking consistently for several decades, despite successive politicians' promises to revive the industry. And certainly, recent mass layoffs in the civil service mean that even government jobs that once offered the promise of long-term security are far less guaranteed than they once were. These changes present a spotty landscape for workers. They are indicative of a new era in which employment is generally very precarious, uncertain, and temporary. Yet many of these changes are also the result of big-picture factors—what sociologists refer to as structural dynamics—that are beyond individual control. Increased competition and globalization, for instance, contributed to a decline in the US manufacturing industry that has resulted in a steep decline in jobs over the past four decades. Other estimates predict that rising automation could displace over 70 million workers by 2030. Yet as anyone who's ever watched Season 2 of The Wire could tell you, these changes are not the fault of individual workers in these industries. Why then are workers so prone to blaming themselves for their own employment woes? Who Takes The Blame? The theme of workers holding themselves responsible for larger macroeconomic and sociological forces is a recurring one. Sociologist Jennifer Silva writes about the bleak economic landscape for those entering adulthood. Silva finds that these young people no longer mark 'growing up' by traditional measures such as finding work or owning a home. Skyrocketing home prices, staggering debt, and a lack of consistent, stable, 'good jobs' make doing that impossible. Instead, they focus on the struggles they have, with any luck, been able to overcome—addiction, betrayal, poverty. It's crucial to note that the lack of gainful employment looms large and is a key driver of the uncertainty these young adults face. But equally important is the fact that these young workers aren't responsible for the jobs leaving their rural communities, the lack of training, or the missing infrastructure that made bigger cities riper for investment. Nonetheless, they focus on themselves rather than the bigger, structural dynamics that make employment—or the lack thereof—such a central missing piece. Though rising unemployment is happening in many places, this individualized response to it may be a particularly American problem. In a study comparing workers in the United States and Israel, sociologist Ofer Sharone found that those in the latter country were far less likely to attribute unemployment to their own perceived shortcomings and flaws. These workers sought to highlight the ways their resumes and experiences fit the jobs for which they were applying. They highlighted the ways they were specifically qualified for the jobs they sought. Those in the US, by contrast, attempted to highlight the individual personalities behind the resumes and cover letters, and to show how they, as unique individuals, were the right fit for the jobs for which they were applying. Both are understandable strategies. But for Americans, this focus on individualism meant that when job searches failed, applicants took this as a direct reflection of their own self-worth. When they were unable to land jobs, particularly for a prolonged period of time, they did not conceptualize this as a problem of industries on the decline, or of increased automation, or the consequences of globalization. They blamed themselves. When Individualism Goes Too Far Why do these workers see unemployment as a personal rather than a structural problem? Much of this is likely attributable to US culture. Themes of individualism, meritocracy, and autonomy are deeply embedded in the American ethos in ways that may make it very difficult for workers to see themselves as subject to larger structural dynamics. This American ethic can perhaps be a motivating factor in some cases—it may spur innovation, entrepreneurship, and in the immortal words of Jay Z, may push workers to 'go farther, go further, go harder.' But when it comes to employment, it could also have significant adverse consequences for workers if they blame themselves for outcomes well beyond their control.
