Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they aren’t made of ticky-tacky, they are definitely made of money.
These are the wealthiest neighborhoods that Baltimore has to offer. Where houses go for over 1.97x the national median and household incomes are 2.77x the national median.
But where exactly in Baltimore do the richest of the rich people live? That would be Locust Point where the median income is a cool $152,420.
Here’s a look at the top 10 wealthiest neighborhoods in Baltimore out of 54 for 2024.
The Richest Neighborhoods In Baltimore For 2024
What’s the richest neighborhood to live in Baltimore for 2024? According to the most recent census data, Locust Point looks to be the richest Baltimore neighborhood to live in.
Summing up the median income of those 10 neighborhoods adds up to $999,712. And that, my friend, is more 0s than most of us will see in our bank account for a long, long time — if we ever get that lucky.
Find where your neighborhood ranks amongst the richest in Baltimore.
For more Baltimore reading, check out the best neighborhoods in Baltimore and the worst neighborhoods in Baltimore.
Or, for living around Baltimore, out the best Baltimore suburbs and the worst Baltimore suburbs.
Table Of Contents: Table | Methodology
Richst Neighborhoods In Baltimore For 2024 By Median Income
How We Determined The Wealthiest Neighborhoods In Baltimore For 2024
Every city has its best neighborhoods — where everyone wants to live — and the worst neighborhoods — where no one wants to live. And then you have the wealthiest neighborhoods, where no one can afford to live.
And by no one, we mean you because there’s always someone richer than you.
How do you quantify richer than you? We looked at one simple criterion:
Which neighborhoods have the highest median income?
Using Saturday Night Science, we researched income data from the Census and BLS for every neighborhood in Baltimore.
We ranked every neighborhood in Baltimore by median income from highest to lowest. The neighborhood with the highest median income, Locust Point, was named the wealthiest neighborhood in Baltimore.
The richest neighborhoods in Baltimore are Locust Point, Riverside, Federal Hill, Canton, Inner Harbor, Highlandtown, Fells Point, Roland Parl-Homewood-Guilford, Greater Mount Washington, and Chinquapin Park-Belvedere.
The poorest neighborhood? That would be Old Town Area.
The poorest neighborhoods in Baltimore are Old Town Area, Fairfield Area, West Baltimore, Hopkins-Middle East, and Monument Street Area.
We updated this article for 2024. This is our tenth time ranking the most affluent neighborhoods to live in Baltimore.
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