It’s true what you read about New York in those fancy magazines. There are cities in this state that make Beverly Hills, CA look like the home of the middle class.
We know that New York knows how to do everything bigger and better. Heck look at the Statue of Liberty, Niagara Falls, and The Big Apple. Something or someone has to keep this larger than life state ticking. And, that folks, would be the rich New Yorkers that own it.
Curious to know where the ‘Richie Rich’ of New York live? We’ve done the work for you with the top 10 richest cities in New York for 2019 list.
To create this list, we asked ourselves, what is important to rich people in New York? Besides the obvious: high paying jobs, affluent neighborhoods, crazy expensive penthouses, Michelin rated restaurants, and more car services than Starbucks; the cities on our list had to cater to the ‘one percent’ on a different level, they had to be super posh posh.
How does one get their hand on one of these shiny, New York gems; where living your best life requires a substantial amount of money? Well, a couple of things have to fall into place for you.
First off, you need to find a job that pays on average $175,000/year. Might we suggest a job in banking? Someone has to help all of those rich 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 10 Best Cities to Live in New York for 2019 that are also on our richest list. (It’s worth a google.)
To see which cities make the dolla’ holla’ on our top 10 Richest Cities in The Empire State for 2019, grab a slice of ‘za, a glass of Cristal, and read on.
At the end of the day, here’s the set of the 10 richest places in New York for 2019:
- North Hills (Photos | Homes For Sale)
- Scarsdale (Photos | Homes For Sale)
- East Hills (>Homes For Sale)
- Rye (Photos | Homes For Sale)
- Lawrence (Photos | Homes For Sale)
- Irvington (Photos | Homes For Sale)
- Briarcliff Manor (Photos | Homes For Sale)
- Monroe (Photos | Homes For Sale)
- Pelham (Photos | Homes For Sale)
- Massapequa Park (Photos | Homes For Sale)
In all seriousness, we narrowed down the richest cities in New York by looking at several factors: poverty rate, median household income, unemployment rate; and obviously, where NY’s filthy rich like to hang. The cities also had to have a population of at least 5,000.
And the winner is….
You better have deep pockets if you want to live North Hills, folks.
So where exactly is the money located in the great state of New York? Continue reading as we unravel the top 10 richest cities in New York for 2019. And if you don’t see your city there, head to the bottom.
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 2019
North Hills is a village in Nassau County, New York in the United States. The population was 5,075 at the 2010 census.
Scarsdale is a town and village in Westchester County, New York. The Town of Scarsdale is coextensive with the Village of Scarsdale, but the community has opted to operate solely with a village government, one of several villages in the state that have a similar governmental situation. As of the 2010 census, Scarsdale’s population was 17,166.
East Hills is a village in Nassau County, New York on the North Shore of Long Island. It is considered part of the Greater Roslyn area, which is anchored by the Village of Roslyn. As of the United States 2010 Census, the village population was 6,955.
Rye is a city in Westchester County, New York, United States. It is separate from the town of Rye, which has more land area than the city. Rye city, formerly the village of Rye, was part of the town until it received its charter as a city in 1942. The population was 15,720 at the 2010 census. Rye is the youngest city in New York state. No other city has been chartered anywhere in New York state since 1942.
Irvington, sometimes known as Irvington-on-Hudson, is an affluent suburban village in the town of Greenburgh in Westchester County, New York, United States. It is located on the eastern bank of the Hudson River, 20 miles (32 km) north of midtown Manhattan in New York City, and is served by a station stop on the Metro-North Hudson Line. To the north of Irvington is the village of Tarrytown, to the south the village of Dobbs Ferry, and to the east unincorporated parts of Greenburgh, including East Irvington. Irvington includes within its boundaries the community of Ardsley-on-Hudson, which has its own ZIP code and Metro-North station, but which should not be confused with the nearby village of Ardsley, New York.
Briarcliff Manor /brarklf/ is a suburban village in Westchester County, New York, around 30 miles (50 km) north of New York City. It is on 5.9 square miles (15 km2) of land on the east bank of the Hudson River, geographically shared by the towns of Mount Pleasant and Ossining. Briarcliff Manor includes the communities of Scarborough and Chilmark, and is served by the Scarborough station of the Metro-North Railroad’s Hudson Line. A section of the village, including buildings and homes covering 376 acres (152 ha), is part of the Scarborough Historic District and was listed on the National Register of Historic Places in 1984. The village motto is “A Village between Two Rivers”, reflecting Briarcliff Manor’s location between the Hudson and Pocantico Rivers. Although the Pocantico is the primary boundary between Mount Pleasant and Ossining, since its incorporation the village has spread into Mount Pleasant.
Monroe is a town in Orange County, New York, United States. The population was 39,912 at the 2010 census. The town is named after President James Monroe.
Pelham /plm/ is a suburban town in Westchester County, New York, approximately 14 miles northeast of Midtown Manhattan. As of the 2010 census, it had a population of 12,396. Historically, Pelham was composed of five villages and became known as “the Pelhams”. Pelham currently contains two independently incorporated villages: the Villages of Pelham and Pelham Manor, Approximately 28 minutes away from Grand Central Terminal by the Metro-North train, Pelham is home to many New York City commuters and has an active social community for its residents. Notably, the Whitestone Bridge is approximately 8.5 miles (14 km) south of the town and can be reached in 10-15 minutes without traffic. It is also 13 miles (21 km) northeast of LaGuardia Airport, which can be reached in 20-25 minutes without traffic and John F. Kennedy International Airport, the city’s main international airport, is 19.5 miles (31 km) south of the town.
Massapequa Park is a village and hamlet located within the town of Oyster Bay in Nassau County, New York, United States. Areas south and east of the village borders are considered the hamlet of Massapequa Park because they are under the jurisdiction of the Town of Oyster Bay rather than the village. The hamlet shares the same zip code, fire department and school district as the village. The population was 17,008 at the 2010 census.
How We Determined The Richest Places In New York For 2019
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify 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 2013-2017 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 167 places with more than 5,000 people in New York, we ranked each place from 1 to 167 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, North Hills, crowned the “Richest City In New York For 2019”.
You can learn more about the top ten below or skip to the end to see the rankings for all 167 places.
There You Have It – The Wealthiest Places In New York For 2019
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.
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: New Square
2nd Poorest: Binghamton
3rd Poorest: Rochester
For more New York reading, check out:
- These Are The 10 Best Counties To Live In New York
- 10 Cheapest Places To Live In New York
- 10 Safest Places In New York According To Science