The Richest Suburbs in America are more than just hubs of affluence—they’re scenic, academically inclined, and strategically positioned near major urban centers. According to a new ranking released on July 16 by GOBankingRates, the wealthiest suburbs in the U.S. are largely concentrated in New York, California, and Texas. These communities are known for their waterfront views, top-tier schools, and staggering home values.
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How the Richest Suburbs in America Were Ranked
This exclusive list of the Richest Suburbs was compiled using 2023 American Community Survey data, specifically average household income. Only suburbs with at least 5,000 households were considered. This explains why some well-known wealthy communities like Chevy Chase, MD, and Kenilworth, IL, were excluded.
While some rankings rely on median income, which offers a balanced view, this study uses mean household income, highlighting areas where ultra-wealthy residents significantly boost the numbers.
The 10 Richest Suburbs in America (2025)
1. Scarsdale, New York
- Average Household Income: $601,193
- Average Home Value: $1.2 million
Scarsdale tops the list of the Richest Suburbs, offering elite schools, historic homes, and a lush environment just north of New York City.
2. Rye, New York
- Average Household Income: $421,259
- Average Home Value: $1.9 million
Located along the waterfront in Westchester County, Rye is a jewel in the crown of the Richest Suburbs in America with a home market hotter than even Scarsdale.
3. West University Place, Texas
- Average Household Income: $409,677
- Average Home Value: $982,834
This Houston-area suburb, near Rice University, combines academic prestige with strong income metrics, keeping Texas well-represented among the Richest Suburb in America.
4. Los Altos, California
- Average Household Income: $403,512
- Average Home Value: $4.6 million
Silicon Valley’s Los Altos is a tech powerhouse that blends massive wealth with one of the nation’s highest home prices.
5. Alamo, California
- Average Household Income: $403,334
- Average Home Value: $2.6 million
Alamo sits east of San Francisco and offers calm, suburban luxury while holding firm among the Richest Suburbs.
6. University Park, Texas
- Average Household Income: $389,868
- Average Home Value: $2.5 million
Adjacent to Southern Methodist University in Dallas, this suburb mixes academic influence with upper-class living.
7. Southlake, Texas
- Average Household Income: $382,520
- Average Home Value: $1.3 million
Known for its proximity to Grapevine Lake, Southlake continues to climb the rankings of the Richest Suburbs in America.
8. Hinsdale, Illinois
- Average Household Income: $376,366
- Average Home Value: $1.2 million
Unlike Chicago’s traditional North Shore elites, Hinsdale sits west of the city and now represents Illinois on the Richest Suburbs in America list.
9. Orinda, California
- Average Household Income: $369,073
- Average Home Value: $2 million
Located near Berkeley and Oakland, Orinda is a tranquil and elegant suburb known for its culture and wealth.
10. Wellesley, Massachusetts
- Average Household Income: $368,179
- Average Home Value: $2.1 million
The only Boston-area entry in the in America, Wellesley thrives as a center of higher learning and refined living.
More of the Richest Suburbs in America by Metro Area
Even beyond the Top 10, several major U.S. metro areas boast suburbs ranking among the Richest Suburbs in America:
- Los Angeles: Palos Verdes Estates – Avg. income: $367,178 | Home value: $2.8M
- Washington D.C.: McLean, VA – Avg. income: $364,591 | Home value: $1.7M
- Fort Lauderdale: Palm Beach, FL – Avg. income: $356,467 | Home value: $10.3M
- Miami: Pinecrest – Avg. income: $312,591 | Home value: $2.4M
- Seattle: Mercer Island – Avg. income: $303,425 | Home value: $2.5M
- Birmingham: Mountain Brook – Avg. income: $302,510 | Home value: $1M
- Orlando: Lake Butler – Avg. income: $289,593 | Home value: $283,493
- Nashville: Brentwood – Avg. income: $261,248 | Home value: $1.4M
What Defines the Richest Suburbs in America?
Waterfront access, high-ranking schools, tech-driven economies, and academic influence are common traits across the Richest Suburbs in America. Whether you’re looking at tree-lined neighborhoods in New York or luxury enclaves in California, these areas symbolize the intersection of wealth, comfort, and opportunity.
From coast to coast, the Richest Suburbs in America reveal not just where money is—but where high quality of life meets generational affluence.
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