Latest news with #wealthiest suburbs
Yahoo
5 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 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
Yahoo
08-08-2025
- Business
- Yahoo
Three Jacksonville suburbs rank among state's wealthiest. Find out which made the list
Three Northeast Florida communities have landed top spots on a new list of Florida's wealthiest suburbs, shining a spotlight on Jacksonville's growing economic clout. The rankings still are dominated by South Florida suburbs, as expected for an area that has long been considered the state's epicenter of wealth, but the presence of three Jacksonville-area communities in the top 25 is catching attention. Jacksonville Beach, Atlantic Beach and Fleming Island all rank among the top 25 wealthiest suburbs in the state, according to a recent GOBankingRates study. Each boasts an average household income above $150,000, putting them ahead of many communities in other major metro areas, including Miami, Tampa and Orlando. The study analyzed U.S. Census Bureau income data and Zillow housing statistics. Jacksonville Beach ranked near the top of the list at No. 14, while Atlantic Beach was No. 17 on the list and Fleming Island ranked at No. 21. These findings suggest a more geographically diverse spread of wealth in Florida than many might assume, with Jacksonville's suburbs standing out for having higher incomes paired with varying housing costs. Clay County's Fleming Island especially stood out for its overall affordability. Despite the high income levels, it also offered one of the most affordable median home prices on the list, making it an attractive option for families seeking suburban living with strong earning potential. The area's coastal suburbs of Jacksonville Beach and Atlantic Beach featured some of the highest home prices on the list at approximately $665,000 and $751,000, respectively, reflecting strong property values. While luxury enclaves in Palm Beach County and the Miami metro area continue to dominate the top ranks, Jacksonville's representation on the GOBankingRates list signals a shifting landscape around wealth distribution, real estate trends and economic development across Florida. The Northeast Florida presence on this list could point to growing professional sectors in the area and increases in remote work flexibility. As Jacksonville continues to expand its influence in Florida's economy, its suburbs are no longer just affordable alternatives — they're economic powerhouses in their own right. This article originally appeared on Florida Times-Union: These Jacksonville suburbs rank among Florida's richest Solve the daily Crossword