Richest Neighborhoods In Syracuse, NY For 2020


We used science and data to determine which neighborhoods in Syracuse are home to the 1%.

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

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 Syracuse has to offer. Where houses go for over 0.98x the national median and household incomes are 1.94x the national median.

But where exactly in Syracuse do the richest of the rich people live? That would be Sedgewick where the median income is a cool $106,808.

Here’s a look at the top 10 richest neighborhoods in Syracuse out of 26 for 2020.

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

Summing up the median income of those 10 neighborhoods adds up to $553,639. 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 Syracuse. 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 Syracuse reading, check out the best neighborhoods in Syracuse and the worst neighborhoods in Syracuse. Or, for living around Syracuse, out the best Syracuse suburbs and the worst Syracuse suburbs.

For more New York reading, check out:

How We Determined The Wealthiest Neighborhoods In Syracuse 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 Syracuse by median income from highest to lowest. The neighborhood with the highest median income, Sedgewick, was named the richest neighborhood in Syracuse.

The poorest neighborhood? That would be University Hill.

Now a look at how all the neighborhoods in Syracuse ranked.

For more New York reading, check out:

Detailed List Of The Richest Neighborhoods In Syracuse For 2020

Rank Neighborhood Median Household Income<
1 Sedgewick $106,808
2 Meadowbrook $76,101
3 South Valley $56,723
4 Strathmore $54,151
5 Elmwood $47,050
6 Far West-Side $46,855
7 University $42,864
8 Eastwood $41,761
9 Northside $41,694
10 Downtown $39,632
11 Salt Springs $39,351
12 Lincoln Park $36,912
13 Outer Comstock $35,668
14 Lakefront $34,359
15 Skunk City $29,532
16 Washington Square $29,102
17 North Valley $27,037
18 Westside $26,815
19 Wescott $26,119
20 Near Northeast $25,698
21 Brighton $25,420
22 Near Westside $22,567
23 Southwest $17,925
24 Near Eastside $17,039
25 Skytop-South Campus $13,712
26 University Hill $9,454

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.

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