Some of the richest cities in the country, distinguished by their opulence and opulent lifestyles, are located in New York. Manhattan, the center of New York City, is home to famous areas like Tribeca and the Upper East Side and has the largest number of millionaires and billionaires. The Westchester County suburban community of Scarsdale is well-known for its opulent houses and prestigious educational institutions. Because of its luxurious mansions and close proximity to the city, New York’s wealthy frequently dwell in Greenwich, which is located in Connecticut just across the border. Other wealthy neighborhoods are Great Neck on Long Island, which is renowned for its first-rate facilities and upmarket living, and the Hamptons, which are well-known for their magnificent vacation residences.
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List of the Top 10 Richest Cities in New York
- Scarsdale
- Pelham Manor
- Flower Hill
- East Hills
- Old Westbury
- Rye
- Larchmont
- Bronxville
- Southampton
- Greenville
1. Scarsdale
Scarsdale is the richest town in New York State. It is located in Westchester County, around thirty miles north of New York City. There are around 18,061 people in Scarsdale. Scarsdale is renowned for being an affluent NYC suburb. Excellent schools are nearby, and getting to the city is simple. With a per capita income of $173,050, it has a typical household income of almost $250,000. In Scarsdale, the typical home costs over $1.5 million.
Scarsdale is a well-liked option for families that value education because of its excellent public schools. The community’s attractiveness is increased by its bustling downtown district, which provides exquisite eating, high-end shopping, and cultural events. Scarsdale is one of the most sought-after locations to reside in the state because of its rich history and easy access to Manhattan. It also manages to combine suburban charm and metropolitan accessibility.
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2. Pelham Manor
Pelham Manor is one of the wealthiest municipalities in New York. With 5,682 people, it’s another upscale town in Westchester County. It’s a historic community situated north of the East Bronx on the Long Island Sound shore. In addition, it is close to Pelham Bay Park, the biggest public park in New York City, and the Pelham Country Club. The typical family income in the affluent suburb of Pelham Manor exceeds $250,000. In addition, the typical home price is $907,500, and the per capita income is $128,831.
Residents of this upscale neighborhood enjoy an idyllic suburban lifestyle with highly regarded schools and tight-knit neighborhoods. The community is well-known for its upmarket shopping, fine dining, and private country clubs. It offers many outdoor recreation activities with its picturesque parks and views of the seaside. Pelham Manor is an extremely sought-after community for discriminating homeowners, offering the peace and quiet of the suburbs with quick access to the city’s rich culture and conveniences. It is conveniently situated close to Manhattan.
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3. Flower Hill
Flower Hill is the third wealthiest town in New York. Flower Hill is located in Nassau County, Long Island. It’s in the Greater Roslyn region, on a peninsula between Hempstead Bay and Manhasset. Approximately 4,787 people live there.
Flower Hill is renowned for its luxurious residences and convenient access to facilities. The average cost of a home is more than $5.4 million. The per capita income is $127,955, and the typical household income is almost $250,000.
Rich individuals looking for comfort and exclusivity are drawn to the region by its spacious estates, well-kept gardens, and exquisite buildings. Flower Hill has several parks and recreational areas, as well as well-regarded schools and a family-friendly environment. The community maintains a tranquil suburban atmosphere while being conveniently located for commutes to Manhattan. Flower Hill is the ideal example of a suburban town with a strong sense of camaraderie, upmarket shopping, and good food.
4. East Hills
East Hills is among the wealthiest neighborhoods in New York. Situated south of Flower Hill in Nassau County, it provides several attractions and benefits from the same location. Around 7242 people live there. It’s roughly 25 miles east of New York City. While the per capita income is $124,194, the typical household income is over $250,000. The median property price in East Hills is $1.9 million, and the neighborhood is home to many affluent families and commuters.
The area draws wealthy people who appreciate luxury and peace of mind because of its magnificent residences, large plots, and lush vegetation. The upscale park is located in East Hills. It is a gated village park with playgrounds, tennis courts, fitness facilities, and swimming pools that promote a sense of community. With its well-regarded schools, the town is a great place for families that value education. Residents love East Hills’ tranquil suburban lifestyle and quick access to metropolitan facilities thanks to its proximity to New York City.
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5. Old Westbury
Old Westbury is another affluent neighborhood in New York. Old Westbury is another wealthy Nassau County suburb that is located near the East Hills. In addition to parks and golf courses, the town is home to many country clubs. Almost 4001 people live there. While Old Westbury’s per capita income is $108,134, it shares East Hills’s median household income of almost $250,000. But since Old Westbury is a highly sought-after location, the median house price is $2.4 million.
The Quaker settlers, who originally came to Old Westbury in the 17th century, left behind a rich history. Because affluent families constructed opulent mansions, turning the town into an aristocratic community, it rose to prominence in the early 20th century. These ancient homes are now recognized as cultural sites, including the Old Westbury Gardens. Vast estates, equestrian amenities, and verdant surroundings continue to contribute to the village’s high standing. For those looking for an affluent suburban lifestyle, Old Westbury continues to represent a fusion of historical grandeur and luxury living.
6. Rye
Rye is the sixth-wealthiest city in New York. The seaside city is located close to the Connecticut border along the Long Island Sound shoreline. It is located around 25 miles north of New York City and is home to 16,447 people. Almost 60% of Rye’s land is dedicated to its stunning shoreline, which is the city’s most well-known feature. In addition, Rye Playland, one of the country’s oldest theme parks, is located there. With a per capita income of $145,604 and a median family income of $227,565—Rye is a rich city. Additionally, the median property price is $1.5 million.
The city of Rye was established in 1660 by immigrants from Greenwich, Connecticut, and has a rich history. Rye was once an agricultural village, but because of its advantageous position along the Long Island Sound, it developed into a major hub for trade and transportation by the 19th century. When the railroad arrived in Rye in 1849, it sparked expansion and development and became a well-liked vacation spot for the wealthy in New York City.
Its rich history is highlighted by landmarks such as the National Historic Landmark Rye Playland. These days, Rye is well-known for its scenic shoreline, first-rate schools, and lovely center that successfully combines old-world beauty with contemporary suburban wealth.
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7. Larchmont
Larchmont is the seventh-richest neighborhood in New York. About eighteen miles to the north of Midtown Manhattan sits Larchmont. It is a posh suburb in Westchester County with about 6,550 residents. Because of its waterfront location on Long Island Sound, it has access to marinas, yacht clubs, and a wealth of outdoor recreation opportunities. In Larchmont, the per capita income is $115,372, and the typical family income is $220,714. Beautiful homes with a typical property price of $1.2 million are also situated on large lots in this town.
In the late 17th century, Larchmont was founded as an agricultural town. It became a summer vacation for affluent New Yorkers in the 19th century, thanks in part to the railroad’s arrival in 1848. As luxurious hotels and Victorian mansions proliferated, Larchmont became known as a premier vacation town. Since its incorporation in 1891, the hamlet has developed into a sought-after suburban community. With its tree-lined streets, lovely waterfront parks, and energetic center, Larchmont nevertheless exudes a sense of historic elegance while providing modern suburban living.
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8. Bronxville
Bronxville is another exceptionally wealthy town located in New York State. Historic mansions, a charming downtown, and top-notch schools are some of Bronxville’s best features. Due to its proximity to Manhattan—just 15 miles away—it is well-liked by commuters. Therefore, with a typical household income of $206,850, Bronxville is among the wealthiest areas in New York State. Also above $1.4 million is the median property price.
Bronxville is well-known for its magnificent early 20th-century architecture. The neighborhood is home to majestic homes with classic elegance and refinement that were created by several well-known architects. Families looking for a top-notch education frequently choose the hamlet because of its highly regarded schools. Luxurious stores, fine dining restaurants, and cultural institutions abound in its lively center, adding to the city’s opulent atmosphere. Bronxville offers an elegant suburban lifestyle with a strong sense of community and a wealth of recreational amenities, such as exclusive country clubs and picturesque parks.
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9. Southampton
Southampton is the seventh wealthiest community in New York. Southeast Suffolk County is home to Southampton. It is located in the Hamptons, a region of the Long Island shoreline. There are slightly under 70,000 people. Billionaire’s Lane is a stretch of multimillion-dollar houses in Southampton that are owned by CEOs and rich celebrities. One of the richest towns in New York is Southampton, where the typical home price is a little less than $1 million and the median household income is $186,313.
It is a vital component of the Hamptons and is known for its luxurious houses, immaculate beaches, and breathtaking scenery. Rich locals and occasional tourists are drawn to the area because of its upscale retail, fine dining, and cultural activities. Southampton’s world-class golf courses and exclusive clubs enhance its historic beauty. Its closeness to New York City and peaceful coastline backdrop make it a very popular vacation spot for people looking for elegance and refinement in an extravagant environment.
10. Greenville
Greenville is the 10th-most wealthy town in New York State. Situated in Upstate New York on the edge of Greene County, it’s the northernmost town. Greenville is a sleepy little town with a population of about 9,585. Residents of New York City who like to get away from the bustle of the city and enjoy a more tranquil setting with outdoor activities, cultural events, and kind locals are drawn to it. With a per capita income of $126,997 and a typical family income of $170,909, it’s one of the wealthiest regions in upstate New York. With a median property price of $381,300, it is likewise reasonably priced.
The history of Greenville goes back to the late 1800s. It was once a part of the broader Eastchester neighborhood, but in the early 1900s, suburbanization and railroad expansion drove the region’s development as a residential area. The hamlet was well-known for its roomy residences and verdant lanes, drawing in families looking for a peaceful suburban way of life. Greenville has developed into a sought-after neighborhood with a strong sense of community throughout time, retaining its historic beauty while adjusting to contemporary living standards.
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Conclusion
The richest cities in New York are the pinnacles of exclusivity, elegance, and fine living. These neighborhoods—from the quiet luxury of suburban enclaves like Scarsdale to the vibrant prosperity of Manhattan’s best neighborhoods—draw the rich and famous with their first-rate facilities, esteemed educational institutions, and gorgeous homes. Greenwich offers a fusion of suburban peace and city convenience, while the Hamptons provide the wealthy with a holiday getaway. Long Island’s Great Neck is another example of the harmonious fusion of luxury and coziness. When taken as a whole, these locations highlight New York’s reputation as a center of power and riches, attracting those who want the finest quality of life at unmatched prices.
FAQs
Which Boroughs in New York City are the Richest?
In New York City, the average sales price is $700,000. After Brooklyn, Manhattan boasts the most affluent neighborhoods and the most expensive real estate in the city.
Where in Manhattan do the Wealthy Live?
The priciest neighborhoods in New York include NoHo, Nolita, Central Park South, Tribeca, and Hudson Yards. In these places, the average sales price is over $3 million. The majority of rich New Yorkers reside in Manhattan, as one might assume.
Is NYC the Richest City?
Upon establishing all the criteria and calculating all the figures, it is determined that New York City, where one in every 24 citizens is a millionaire, is the richest city globally.
Which City is More Wealthy, New York or London?
In terms of the number of high-net-worth individuals, the U.K. capital is ranked fifth internationally by Henley & Partners and New World Wealth, after New York (349,500 millionaires), San Francisco and the Bay Area (305,700), Tokyo (298,300), and Singapore (244,800).