Welcome to the land of the 1%. Where you’ll find lawyers, and doctors, and business executives. And while they probably 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 1.55x the national median and household incomes are 1.84x 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 $130,959.
Here’s a look at the top 10 richest neighborhoods in Baltimore out of 54 for 2018:
- Locust Point (Homes)
- Riverside (Homes)
- Chinquapin Park-Belvedere (Homes)
- Canton (Homes)
- Federal Hill (Homes)
- Roland Parl-Homewood-Guilford (Homes)
- Greater Mount Washington (Homes)
- Fells Point (Homes)
- Hamilton Area (Homes)
- Lower Northwood (Homes)
Summing up the median income of those 10 neighborhoods adds up to $800,134. 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.
Continue on to find where your neighborhood ranks amongst the richest in Baltimore.
How We Determined The Most Well To Do Neighborhoods In Baltimore For 2018
Every city has it’s 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 really 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?
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 richest neighborhood in Baltimore.
The poorest neighborhood? That would be Old Town Area.
Now a look at how all the neighborhoods in Baltimore ranked.
For more Maryland reading, check out:
- 10 Safest Places In Maryland
- These Are The 10 Richest Cities In Maryland
- 10 Best Places To Live In Maryland