New York, known for its bustling metropolis, diverse culture, and impressive landmarks, is also home to some of the wealthiest cities in the United States.
In this post, we delve into the opulent cities that boast the highest median incomes, impressive real estate, and thriving local economies in the Empire States.
Drawing from thorough research on factors like cost of living, employment opportunities, and quality of life, we present an insightful overview of these affluent urban playgrounds that set the bar high for luxury living in New York.
So, for those who relish the finer aspects of life and aspire to dwell amongst the elite, this detailed analysis of the wealthiest cities in New York will prove valuable.
Our findings not only showcase the splendor of these prosperous havens but also highlight the economic powerhouses supporting their growth, making this post a fascinating read for locals and those considering relocation alike.
Let’s dive in!
15 Richest Cities in New York State
Here are the 15 most affluent neighborhoods in New York.
15. Old Field
Old Field, a picturesque village on the north shore of Long Island, is one of the most affluent cities in New York. With its beautiful waterfront properties and lush greenery, this exclusive community offers luxury living at its finest.
According to Realtor listing data, the median home value in Old Field is an impressive $1.5 million, while the median household income stands at around $250,000 per Data USA.
This small yet high-income community has a population of approximately 978 residents who relish the tranquil and safe environment; Area Vibes reports that Old Field’s crime rate is 69% lower than the national average.
With top-rated schools and abundant recreational opportunities nearby, Old Field undoubtedly belongs among New York’s millionaire hotspots for those seeking upscale neighborhoods with economic prosperity.
14. Mill Neck
Mill Neck is a village located in Nassau County on Long Island that holds the distinction of being one of the wealthiest cities in New York.
According to World Population Review, the neighborhood has a population of approximately 1,006 residents, this affluent community is known for its luxurious living and upscale neighborhoods.
The median household income in Mill Neck stands at an impressive $243,250 according to Data USA, reflecting the area’s financial success. In terms of real estate values, homes within this high-income community are often priced well above average.
Zillow reports that the median home value in Mill Neck is around $1.8 million, making it a desirable millionaire hotspot.
Due to its wealth distribution and economic prosperity, Mill Neck enjoys low crime rates 89% lower than the national average – which further contributes to its appeal among those seeking luxury living spaces.
13. Lloyd Harbor
Lloyd Harbor is a beautiful and affluent village in the town of Huntington known to be one of the wealthiest communities in New York.
With a population of approximately 3,577 residents according to Niche.com, this village has become synonymous with luxury living and economic prosperity. The median household income in Lloyd Harbor stands at an impressive $262,860 as reported by City-Data.
The real estate market in this upscale neighborhood reflects its affluence: according to Realtor, the median home value is estimated at around $3.2 million.
High-quality schools and safe surroundings are also prominent features, with AreaVibes reporting that Lloyd Harbor’s crime rate is 86% lower than the national average.
12. Garden City
Garden City is one of the richest towns in New York located in Nassau County on Long Island. This upscale neighborhood boasts a perfect blend of economic prosperity and luxury living with beautifully designed homes and manicured gardens.
According to recent Zillow statistics, the median home value in Garden City is around $1,005,911 while the median household income stands at approximately $185,188 per US Census Bureau.
With a population of about 23,272 residents per the US Census Bureau, this affluent city offers its inhabitants a high standard of living characterized by top-notch educational institutions and well-maintained recreational facilities.
Garden City’s crime rate is significantly lower than both the national and state averages per Areavibes, making it an ideal location for families seeking peace of mind alongside financial success.
Another appealing aspect of Garden City is its proximity to New York City – just a 45-minute train ride away – allowing residents to enjoy easy access to Manhattan’s cultural attractions and numerous job opportunities without sacrificing their comfortable suburban lifestyles.
11. Chappaqua
Chappaqua is another affluent city in New York, located in Westchester County. This high-income community features an excellent education system and a peaceful environment that attracts well-to-do families.
According to Data USA, Chappaqua’s median household income is around $149,832, which significantly exceeds the national average.
The luxury living offered by this upscale neighborhood does come with a price: Zillow reports that the median home value in Chappaqua stands at nearly $1.1 million.
The crime rate in this wealthy city is considerably lower than those found across the state and nation. Neighborhood Scout notes that violent crimes are relatively scarce here when compared to other New York locales.
Not only does Chappaqua provide economic prosperity for its residents, but it also boasts a population of about 3,062 per World Population Review – an ideal size for those seeking tranquility amid financial success.
10. Old Westbury
Old Westbury is among the wealthiest cities in New York and ranks tenth on our list. This high-income community is located in Nassau County on Long Island and offers residents a luxurious lifestyle with impressive estates and upscale amenities.
According to Point2 Homes, the median household income in Old Westbury is around $250,001, which places it significantly above the national average. The current population of this affluent city stands at approximately 4,614 people.
Real estate in Old Westbury is undoubtedly expansive, with Zillow reporting that the median home value is about $2.2 million. This millionaire hotspot also benefits from a low crime rate compared to other areas within New York.
With its beautiful parks, excellent schools, and picturesque surroundings, it’s no surprise why so many successful individuals choose Old Westbury as their home base for financial success and economic prosperity.
9. Roslyn Estates
Exhibiting luxury living and economic prosperity, Roslyn Estates is one of the affluent cities in New York. This upscale neighborhood boasts a small population of around 1,385 residents per Data USA, which fosters a close-knit community atmosphere.
The median household income for this high-income community is an impressive $250,000+, according to Data USA. This financial success translates into some lavish homes with the median home value standing at approximately $1.6 million per Zillow data.
Roslyn Estates showcases its wealth distribution through top-notch public schools and well-maintained green spaces offering residents an exceptional quality of life.
The picturesque village on Long Island’s North Shore also enjoys a low crime rate, making it one of the safest millionaire hotspots in the region.
8. Munsey Park
Munsey Park is an affluent village within Nassau County known for its luxury living and upscale neighborhoods. According to Rocket Homes, the median home value in Munsey Park stands at around $1.8 million, highlighting its status as a millionaire hotspot.
The area boasts a median household income of approximately $244,271 as per Data USA, showcasing the financial success enjoyed by its residents.
With a population of around 2,806 people per New York Demographics by Cubit, this high-income community has managed to maintain a low crime rate compared to national averages.
7. Woodsburgh
Woodsburgh is an upscale neighborhood situated in New York, known for its luxurious living and high-income community. This affluent city has a population of around 885 people, according to the World Population Review 2023 estimates.
The median household income in Woodsburgh stands at $250,001+ according to Data USA, showcasing the financial success of its residents.
Real estate prices here reflect the wealth distribution among homeowners, with a median home value of approximately $1.6 million per recent listing data from Zillow.
Safety is another key aspect that attracts families to Woodsburgh. According to Area Vibes, Woodsburgh has a relatively low crime rate (69%) compared to other areas in the United States.
6. Sands Point
Sands Point is widely recognized as one of the wealthiest places in New York situated in Nassau County. This affluent neighborhood is known for its luxury living and economic prosperity, making it a popular choice for high-income individuals seeking upscale communities.
According to Data USA statistics, the median household income in Sands Point is $250,001, significantly higher than the national average. The area also boasts an impressive median home value of approximately $2 million (Zillow).
With a population of around 2,714 residents as per Niche, Sands Point offers an intimate community feel while providing top-notch amenities and services indicative of its financial success.
Crime rates are notably low in this millionaire hotspot with a rate of 88% lower than the national average, contributing to its reputation as a safe place to reside and raise families. The excellent school system adds further appeal for those considering relocating to this posh New York neighborhood.
5. Plandome
Plandome ranked fifth among the wealthiest cities in New York, is an upscale neighborhood located on Long Island’s North Shore. This small village is part of the town of North Hempstead and has a population of just over 1,454 people Data Commons.
The area boasts an impressive median household income of approximately $250,001, according to Data USA, showcasing its high-income community status.
Luxury living is evident in Plandome as it offers magnificent homes with picturesque surroundings. According to Redfin’s latest home listing, the median home value in this affluent city stands at roughly $2.2 million. Despite its affluence and economic prosperity, Plandome maintains a low crime rate relative to other communities within New York.
With top-rated schools and easy access to Manhattan via train or car, millionaire hotspots like Plandome attract families seeking both financial success and a high quality of life.
4. Scarsdale
Scarsdale is an affluent suburb located in Westchester County and is ranked as one of New York’s wealthiest areas. Known for its luxury living and high-income communities, Scarsdale boasts a median household income of approximately $250,000 according to U.S. Census Bureau.
This economic prosperity is evident in the city’s upscale neighborhoods and millionaire hotspots. The real estate market in Scarsdale reflects this wealth distribution with a median home value of around $1.2 million, as reported by Zillow.
Despite the area’s affluence, Scarsdale maintains a relatively low crime rate compared to other cities in New York. Niche reports that the population of Scarsdale sits around 18,247 residents who enjoy top-notch public schools and amenities within their community.
Families seeking financial success and an excellent quality of life gravitate towards Scarsdale due to its reputation for being one of the most prestigious locales in New York.
3. Tuxedo Park
Tuxedo Park, an affluent gated community nestled within the town of Tuxedo in Orange County, New York, is renowned for its luxury living and stunning homes.
Established in 1886 as a hunting-and-fishing retreat by Pierre Lorillard IV, it has since evolved into one of the wealthiest cities in New York. According to Data USA, the median household income in Tuxedo Park is $159,583, far surpassing the national average.
The population stands at approximately 638 residents per the latest estimates from World Population Review, allowing for an exclusive atmosphere with exceptional privacy.
Economic prosperity is abundant within this high-income community; many millionaire hotspots can be found here amidst picturesque scenery and beautiful architecture.
In terms of real estate values and wealth distribution, Zillow reports a median home value of $1.2 million in Tuxedo Park. This primarily residential area also boasts low crime rates compared to other regions within New York.
2. East Hills
East Hills is the second wealthiest city in New York located in Nassau County on Long Island, this affluent neighborhood boasts a population of approximately 7,225 residents who enjoy access to top-tier schools and amenities.
According to the latest U.S. Census Bureau, the median household income of East Hills is an impressive $250,000 which exemplifies the financial success achieved by the community’s inhabitants.
The high-income community features stunning homes with the median home value being around $1.4 million per Zillow report. Creating a safe environment for families, East Hills has a crime rate that is 75% lower than the national average per Areavibes.
This combination of advantageous factors showcases why East Hills remains one of the most desirable and upscale neighborhoods in New York for those seeking affluence and an enviable quality of life.
1. Brookville
Brookville is a village located on the North Shore of Long Island in Nassau County and consistently ranks as one of the richest cities in New York.
This affluent neighborhood is known for its luxury living, with an average home value of $2 million and a median household income of over $250,001 per Data USA.
The area boasts sprawling estates and upscale amenities that cater to its high-income residents. With a population of around 3,500 people per Niche, Brookville offers exclusivity and privacy in a serene setting.
Brookville has a lower crime rate compared to many other neighborhoods in NY per NeighborhoodScout. Brookville’s economic prosperity makes it an appealing destination for those seeking financial success and millionaire hotspots within New York.