It’s true what you read about New York in those fancy magazines. There are cities in the Empire State that make Beverly Hills, CA, look like the home of the middle class. Something or someone has to keep this larger-than-life state ticking. And that would be the rich New Yorkers who own it.
We’ve done the work to identify the top ten richest cities in New York for 2024. To create this list, we used Saturday Night Science to analyze the latest Census and Zillow data on incomes and home prices. We limited the analysis to 236 New York cities with more than 3,000 residents.
To live in these cities, you need to find a job that pays an average of $175,000/year. We suggest a job in banking. Someone has to help all of those wealthy New Yorkers manage their money.
Wealthy people want to live in the best cities, so it’s not lost on us that there are multiple cities on our ten best cities to live in new york for that are also on our richest list.
Table Of Contents: Top Ten | Methodology | Summary | Table
The 10 Richest Places In New York For 2024
In New York, everything is bigger and better, including rich cities. Look at the Statue of Liberty, Niagara Falls, and The Big Apple.
What is the richest city in New York? The richest city in New York is Old Westbury.
To learn more about the cities that made the wealthiest cities in The Empire State for 2024, grab a slice of pizza, a glass of Cristal, and read on.
Rich people not your cup of tea? Feel free to check out some more reading about New York:
The 10 Richest Cities In New York For 2024
1. Old Westbury
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2. Flower Hill
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Population: 4,787
Median Income: $250,001
Median Home Values: $2,272,864
More on Flower Hill: Data | Real Estate
3. Scarsdale
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Population: 18,061
Median Income: $250,001
Median Home Values: $1,926,527
More on Scarsdale: Data | Crime | Cost Of Living | Real Estate
4. Rye
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Population: 16,447
Median Income: $227,565
Median Home Values: $2,034,669
More on Rye: Data | Crime | Cost Of Living | Real Estate
5. East Hills
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Population: 7,242
Median Income: $250,001
Median Home Values: $1,503,280
More on East Hills: Data | Cost Of Living | Real Estate
6. Mutto
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Population: 3,499
Median Income: $226,477
Median Home Values: $2,041,266
More on Mutto: Data | Real Estate
7. Lloyd Harbor
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8. Pelham Manor
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Population: 5,682
Median Income: $250,001
Median Home Values: $1,213,121
More on Pelham Manor: Data | Crime | Cost Of Living | Real Estate
9. Larchmont
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Population: 6,549
Median Income: $220,714
Median Home Values: $1,464,885
More on Larchmont: Data | Crime | Cost Of Living | Real Estate
10. Southampton
Methodology: How We Determined The Richest Places In New York For 2024
The first thing that comes to most people’s minds when they think about determining the richest places is simply identifying personal incomes. After all, rich people have really high salaries.
However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places.” So we looked at this set of criteria from the newly released 2018-2022 American Community Survey and applied Saturday Night Science:
- Median Home Values
- Median Household Income
Median household income is the most digestible way to understand how rich a place is. And home values are a measure of wealth. The two combine to define a “Rich City.”
After we collected the data for all 236 places with more than 3,000 people in New York, we ranked each place from 1 to 236 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a “Rich Score,” with the place having the lowest overall Rich Score, Old Westbury, crowned the “Richest City In New York For 2024.”
The data has been updated for 2024. This is our tenth time ranking the wealthiest cities in New York.
You can skip to the end to see the rankings for all 236 places.
Summary: The Wealthiest Places In New York For 2024
Like we said earlier, when we set out to identify the richest places in New York, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in New York.
The richest cities in New York are Old Westbury, Flower Hill, Scarsdale, Rye, East Hills, Mutto, Lloyd Harbor, Pelham Manor, Larchmont, and Southampton.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you’re curious enough, here are the poorest cities in New York, according to data:
Poorest: Salamanca
2nd Poorest: Albion
3rd Poorest: Jamestown
For more New York reading, check out:
- Worst Places To Live In New York State
- Most Dangerous Places In New York
- Best Places To Live In New York
Detailed List Of The Richest Cities In New York
Rank | City | RichScore | Median Income | Average Home Price |
---|---|---|---|---|
1 | Old Westbury | 2.0 | $250,001 | $2,416,944 |
2 | Flower Hill | 3.0 | $250,001 | $2,272,864 |
3 | Scarsdale | 5.5 | $250,001 | $1,926,527 |
4 | Rye | 6.5 | $227,565 | $2,034,669 |
5 | East Hills | 6.5 | $250,001 | $1,503,280 |
6 | Mutto | 6.5 | $226,477 | $2,041,266 |
7 | Lloyd Harbor | 6.5 | $233,007 | $2,018,157 |
8 | Pelham Manor | 9.5 | $250,001 | $1,213,121 |
9 | Larchmont | 11.0 | $220,714 | $1,464,885 |
10 | Southampton | 11.5 | $186,313 | $1,968,488 |
11 | Kings Point | 11.5 | $172,402 | $2,350,495 |
12 | Bronxville | 12.5 | $206,850 | $1,414,491 |
13 | North Hills | 14.5 | $182,401 | $1,477,467 |
14 | Lawrence | 15.5 | $169,029 | $1,754,064 |
15 | Garden City | 17.0 | $204,883 | $1,077,707 |
16 | Rye Brook | 18.5 | $199,965 | $1,008,631 |
17 | Irvington | 18.5 | $184,569 | $1,089,139 |
18 | Briarcliff Manor | 19.0 | $208,988 | $943,253 |
19 | Pelham | 19.5 | $172,692 | $1,115,333 |
20 | Ardsley | 20.5 | $243,594 | $844,517 |
21 | Sea Cliff | 22.5 | $181,375 | $956,983 |
22 | Harrison | 24.0 | $151,038 | $1,124,534 |
23 | Hastings-On-Hudson | 25.0 | $161,908 | $979,873 |
24 | Woodbury | 26.0 | $141,632 | $1,239,443 |
25 | Pleasantville | 27.5 | $167,841 | $858,680 |
26 | Port Washington North | 28.0 | $137,679 | $1,171,183 |
27 | Great Neck | 29.5 | $128,457 | $1,274,040 |
28 | Wesley Hills | 29.5 | $147,408 | $937,865 |
29 | Brightwaters | 32.5 | $187,581 | $725,410 |
30 | Montebello | 32.5 | $144,167 | $880,761 |
31 | Rockville Centre | 32.5 | $147,361 | $856,286 |
32 | Dobbs Ferry | 33.5 | $144,000 | $860,831 |
33 | New Hyde Park | 35.0 | $144,375 | $837,167 |
34 | Floral Park | 35.0 | $153,659 | $769,798 |
35 | Williston Park | 36.5 | $145,956 | $781,485 |
36 | Croton-On-Hudson | 41.0 | $166,087 | $692,679 |
37 | Northport | 41.5 | $137,487 | $760,930 |
38 | Mamaroneck | 42.0 | $121,672 | $846,875 |
39 | Malverne | 43.0 | $158,333 | $684,440 |
40 | Massapequa Park | 43.5 | $161,193 | $676,157 |
41 | Cedarhurst | 44.5 | $102,561 | $1,014,899 |
42 | Pomona | 46.0 | $167,740 | $633,758 |
43 | New Hempstead | 46.0 | $119,875 | $783,851 |
44 | Long Beach | 46.5 | $125,974 | $741,005 |
45 | Bayville | 46.5 | $136,346 | $719,065 |
46 | Mineola | 48.5 | $130,111 | $709,636 |
47 | Port Jefferson | 51.0 | $134,230 | $676,622 |
48 | Sleepy Hollow | 52.5 | $98,580 | $897,889 |
49 | Lynbrook | 52.5 | $139,266 | $646,702 |
50 | Babylon | 53.0 | $136,875 | $654,830 |
51 | Tarr | 53.5 | $109,945 | $738,969 |
52 | Airmont | 54.0 | $101,612 | $782,472 |
53 | New Rochelle | 54.0 | $100,542 | $807,345 |
54 | Westbury | 54.5 | $125,976 | $656,547 |
55 | Valley Stream | 56.5 | $122,048 | $655,780 |
56 | Chestnut Ridge | 57.0 | $106,918 | $732,843 |
57 | Tuckahoe | 58.0 | $108,683 | $718,302 |
58 | White Plains | 59.0 | $109,551 | $695,239 |
59 | Farmingdale | 59.5 | $127,059 | $606,719 |
60 | East Rockaway | 61.5 | $115,701 | $653,020 |
61 | Manorhaven | 62.5 | $95,493 | $765,121 |
62 | Elmsford | 63.0 | $120,301 | $591,257 |
63 | Lake Grove | 64.0 | $114,381 | $628,854 |
64 | Nyack | 67.0 | $97,013 | $701,755 |
65 | Lindenhurst | 67.0 | $115,967 | $520,461 |
66 | Freeport | 69.0 | $109,390 | $552,986 |
67 | Islandia | 70.0 | $109,964 | $517,523 |
68 | Cornwall-On-Hudson | 71.5 | $117,708 | $492,410 |
69 | Mount Kisco | 72.0 | $99,444 | $623,471 |
70 | Island Park | 72.0 | $96,875 | $655,880 |
71 | Monroe | 72.0 | $115,451 | $501,501 |
72 | Cayuga Heights | 72.5 | $121,202 | $458,837 |
73 | Glen Cove | 73.5 | $91,372 | $703,932 |
74 | Saratoga Springs | 76.5 | $97,241 | $532,060 |
75 | Sloatsburg | 78.0 | $104,602 | $480,070 |
76 | New York | 79.0 | $76,607 | $733,006 |
77 | Ossining | 79.0 | $99,678 | $504,426 |
78 | Patchogue | 79.5 | $99,271 | $508,629 |
79 | Chester | 80.0 | $102,105 | $476,489 |
80 | Port Chester | 81.5 | $92,116 | $609,851 |
81 | Amityville | 82.5 | $96,496 | $510,280 |
82 | Washingtonville | 82.5 | $101,146 | $454,392 |
83 | Great Neck Plaza | 85.5 | $97,022 | $461,075 |
84 | Beacon | 85.5 | $96,891 | $477,592 |
85 | Fayetteville | 85.5 | $120,244 | $333,310 |
86 | Yonkers | 87.5 | $78,208 | $616,101 |
87 | Suffern | 87.5 | $94,688 | $491,644 |
88 | Goshen | 88.5 | $93,679 | $499,691 |
89 | Warwick | 88.5 | $85,736 | $519,919 |
90 | Hempstead | 91.5 | $80,350 | $515,919 |
91 | Mount Vernon | 94.0 | $75,511 | $522,617 |
92 | East Aurora | 95.5 | $95,216 | $385,855 |
93 | Montgomery | 96.0 | $89,107 | $436,521 |
94 | Peekskill | 96.5 | $86,695 | $444,855 |
95 | Colonie | 96.5 | $100,093 | $292,148 |
96 | Highland Falls | 98.0 | $94,223 | $368,573 |
97 | Orchard Park | 98.5 | $91,705 | $388,038 |
98 | South Blooming Grove | 99.0 | $72,063 | $516,206 |
99 | Williamsville | 99.5 | $93,730 | $364,883 |
100 | Fairport | 100.5 | $95,354 | $335,276 |