Richest Neighborhoods In New York, NY For 2020


We used science and data to determine which New York neighborhoods have the richest people.

Editor’s Note: We updated this article for 2020. This is our fifth time ranking the richest neighborhoods to live in New York.
Richest Neighborhoods In New York

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 New York has to offer. Where houses go for over 8.71x the national median and household incomes are 3.39x the national median.

But where exactly in New York do the richest of the rich people live? That would be Tribeca where the median income is a cool $186,416.

Here’s a look at the top 10 richest neighborhoods in New York out of 129 for 2020.

What’s the richest neighborhood to live in New York for 2020? According to the most recent census data, Tribeca looks to be the richest New York neighborhood to live in.

Summing up the median income of those 10 neighborhoods adds up to $1,467,531. 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 New York. Once you’re done, you can look at the bottom of the story for a complete chart of every neighborhood we looked at from richest to poorest.

For more New York reading, check out the best neighborhoods in New York and the worst neighborhoods in New York. Or, for living around New York, out the best New York suburbs and the worst New York suburbs.

For more New York reading, check out:

How We Determined The Wealthiest Neighborhoods In New York For 2020

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?

Using census and extrapolated BLS data, we ranked every neighborhood based on income levels.

We ranked every neighborhood in New York by median income from highest to lowest. The neighborhood with the highest median income, Tribeca, was named the richest neighborhood in New York.

The poorest neighborhood? That would be Flatbush.

Now a look at how all the neighborhoods in New York ranked.

For more New York reading, check out:

Detailed List Of The Richest Neighborhoods In New York For 2020

Rank Neighborhood Median Household Income<
1 Tribeca $186,416
2 Carnegie Hill $171,603
3 Battery Park $169,476
4 Financial District $158,605
5 North Sutton Area $147,814
6 Upper East Side $131,996
7 Cobble Hill $131,817
8 Soho $126,708
9 Greenwich Village $121,594
10 Upper West Side $121,502
11 Garment District $120,573
12 Murray Hill $117,763
13 West Village $117,237
14 Midtown $116,728
15 Carroll Gardens $115,860
16 Park Slope $115,042
17 Chelsea $112,319
18 Gramercy $111,522
19 Downtown $110,356
20 Woodrow $104,778
21 Boerum Hill $104,198
22 Central Park $101,158
23 Huguenot $100,754
24 Annandale $95,729
25 Prince’s Bay $95,068
26 Todt Hill $93,023
27 Spuyten Duyvil $92,579
28 Great Kills $92,004
29 Little Italy $91,061
30 Clinton $90,686
31 Ardon Heights $87,757
32 Ettingville $87,429
33 Rossville $86,343
34 Riverdale $86,341
35 Whitestone $86,250
36 Westerleigh-Castleton $85,305
37 Laurelton $85,256
38 City Island $84,445
39 Oakwood $83,626
40 Douglastown-Little Neck $83,053
41 Midland Beach $82,585
42 Charlestown-Richmond Valley $82,504
43 Rosebank $82,109
44 Clearview $81,878
45 South Beach $80,005
46 Richmondtown $79,373
47 Tottensville $78,173
48 Morningside Heights $77,589
49 Greenwood $76,603
50 Middle Village $76,088
51 Bloomfield-Chelsea-Travis $75,810
52 Forest Hills $73,556
53 Throggs Neck $73,315
54 Auburndale $73,129
55 Queens Village $73,128
56 Saintalbans $71,773
57 Fort Green $71,767
58 Utopia $71,438
59 Mariners Harbor $70,893
60 East Village $70,370
61 Canarsie $69,844
62 Eastchester $69,654
63 Baychester $69,222
64 Chinatown $69,168
65 Glendale $69,037
66 Springfield Gardens $68,252
67 New Brighton $68,125
68 Sunny Side $67,936
69 Nkew Gardens $67,182
70 Dyker Heights $64,341
71 Bay Ridge $64,284
72 Howland Hook $64,184
73 Woodlawn-Nordwood $63,730
74 The Rockaways $63,514
75 Woodhaven-Richmond Hill $62,501
76 Steinway $62,031
77 Maspeth $61,497
78 Country Club $61,099
79 Clifton $60,148
80 Ridgewood $58,599
81 Gravesend-Sheepshead Bay $58,223
82 Astoria-Long Island City $57,906
83 College Point $57,743
84 Jamaica $57,389
85 Morris Park $57,355
86 Queensboro Hill $57,190
87 Mapleton-Flatlands $56,352
88 Port Richmond $55,390
89 Kings Bridge $54,734
90 Woodside $53,882
91 Williamsburg $53,643
92 Bensonhurst $53,204
93 Jackson Heights $52,815
94 Wakefield-Williamsbridge $51,245
95 Lower East Side $49,246
96 Corona $49,118
97 Parkchester $48,567
98 Flushing $47,960
99 Union Port $47,945
100 Inwood $47,582
101 Washington Heights $46,288
102 Harlem $46,218
103 Yorkville $46,148
104 Bushwick $45,238
105 Bedford-Stuyvesant $44,779
106 Borough Park $44,528
107 Hamilton Heights $43,433
108 Brownsville $43,390
109 Williams Bridge $43,368
110 Sunset Park $43,202
111 East Brooklyn $40,728
112 Bedford Park $38,675
113 Soundview $35,677
114 East Harlem $32,744
115 University Heights $32,542
116 Fordham $29,604
117 High Bridge $28,626
118 South Bronx $28,038
119 Tremont $26,821
120 Hunts Point $26,421
121 Morris Heights $26,278
122 Mott Haven $24,839
123 Fresh Kills $0
124 Bayside $0
125 Coney Island $0
126 Howard Beach $0
127 Red Hook $0
128 Rosedale $0
129 Flatbush $0

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.