News Summary
Scarsdale has once again topped the list as America’s wealthiest suburb, with a mean household income of over $601,000. This marks the second consecutive year that Scarsdale has held the title, significantly outperforming its nearest competitor, Rye, by over $150,000. The suburb’s robust real estate market and high-income families continue to contribute to its prosperity. Other affluent suburbs in the United States include West University Place, Rye, and various areas in California.
New York – Scarsdale has once again been recognized as America’s wealthiest suburb in a recent study conducted by GOBankingRates for 2023. The findings reveal that the mean household income in Scarsdale has surpassed the remarkable threshold of $600,000, landing at $601,193. This substantial income level places Scarsdale significantly ahead of other affluent suburban areas, with its nearest competitor, Rye, trailing by more than $150,000.
Scarsdale, which has a population of about 17,723 residents, has demonstrated consistent economic strength, maintaining its status as the most prosperous suburb for the second consecutive year. Notably, the mean household income has increased from $588,014 in 2022 to the current figure, highlighting a trend of growing wealth in the area.
Rye, located in New York as well, ranks as the second wealthiest suburb in the United States, with a reported mean household income of $421,259 in 2023. Following closely behind is West University Place in Houston, Texas, which takes the third spot with a mean household income of $409,677. While Scarsdale and Rye are the only New York towns to appear in the top 20 wealthiest suburbs list, California dominates the rankings, boasting ten suburbs among the top twenty.
The list of wealthiest suburbs was compiled by GOBankingRates, which utilized data from the U.S. Census, the five-year American Community Survey, and the Bureau of Labor Statistics. The analysis focused on suburban areas with a minimum of 5,000 households to ensure a comprehensive view of wealth distribution across various regions.
Real estate values in Scarsdale reflect the suburb’s affluence, with the average home price reaching approximately $1.2 million. This figure indicates a healthy real estate market, supported by demand from high-income households seeking homes in this exclusive area. Comparatively, Los Altos, California, ranks fourth in the wealthiest suburbs ranking with a mean household income of $403,512 and an average home price of around $4.5 million.
In addition to Scarsdale and Rye, several towns from the tri-state area have made it into the top 50 wealthiest suburbs. These include Tenafly, Summit, and Westfield from New Jersey, along with Greenwich from Connecticut, which occupies the 34th spot with a mean income of $297,081.
Scarsdale’s economic growth can be seen not only in household income but also in the appreciation of home values. The average home value in Scarsdale was recorded at $1,207,528 in May 2025, showcasing a 3.2% increase from the previous year. This trend indicates an ongoing desirability for living in Scarsdale, as affluent families seek out the suburb’s high-quality schools, amenities, and community resources.
As the data reveals, the top wealthiest suburbs list extends beyond New York. In 2025, new entries such as Alamo, California, and Southlake, Texas, ranked fifth and seventh respectively. Hinsdale, Illinois, emerged as the eighth wealthiest suburb, while Lake Forest and Wilmette secured the 31st and 37th positions. This diverse lineup highlights the geographic variation in affluent communities across the United States.
The full rankings are based on the average household income data as of July 1, 2025, illustrating the dynamic landscape of wealth in suburban America. With Scarsdale remaining at the forefront, its successful economic standing serves as a noteworthy example of suburban prosperity in the country.
Deeper Dive: News & Info About This Topic
- New York Post: Wealthiest Suburb
- Travel + Leisure: Scarsdale Wealth
- GOBankingRates: Wealthiest Suburbs List
- 1440 WROK: Income Report
- Wikipedia: Scarsdale, New York
