The 10 wealthiest suburbs in America
Key Points:
- Scarsdale, New York, ranks as the wealthiest suburb in the U.S. with an average household income of $612,591 in 2024, followed by West University Place, Texas, with $439,594.
- Eight of the top 10 wealthiest suburbs are located in California, New York, and Texas, highlighting wealth concentration in metropolitan areas like New York City, Houston, Dallas, and San Francisco.
- Affluent suburbs often feature waterfront locations, proximity to colleges, better schools, limited housing supply, and high home prices, such as Los Altos, California, where the average home costs $4.8 million.
- Wealthy suburbs can also face risks such as identity theft and wire fraud, as affluence attracts white-collar crime, according to MoneyLion financial expert Rudri Patel.
- The ranking is based on mean household income, which can be skewed by ultra-rich residents; other analyses using median income show different top suburbs, like Sammamish, Washington.