Montauk Point Light, in Long Island, New York City. Long Island is house to numerous of the wealthiest cities … [+]
New york city state is, obviously, house to New york city City, which in turn is house to a few of the most affluent postal code, all squeezed into the small island of Manhattan. However what about the remainder of the state? What are the wealthiest cities in the Empire State?
In a series of research studies, we evaluated and zeroed-in on the 50 wealthiest cities in Texas, Alabama along with the wealthiest cities in Ohio, from to name a few. Here we’re going to dive deep into the information and determine the wealthiest cities in New york city.
Keep reading to discover what the wealthiest city in New York City is, plus the leading 50 most affluent cities in the state.
What Is the Richest City in New York City?
Counting on information sourced from the Census Bureau’s 2021 American Neighborhood Study 5-Year Price Quotes, we created a four-factor scoring system to assist determine the most affluent cities in New york city:
- Average family earnings
- Mean (average) family earnings
- Average house worth
- Average real estate tax paid
All 4 of these metrics were scored, accumulated, and after that ranked by the cities’ combined ratings.
Listed below you’ll discover a table detailing the leading 50 wealthiest cities in New york city and their particular dollar figures for each metric:
The No. 1 wealthiest city in New york city state is Brookeville, a village of 733 families, positioned on the North Coast of Long Island (most likely not far from the location that influenced F. Scott Fitzgerald’s West Egg and East Egg in The Excellent Gatsby). The mean family earnings in Brookeville goes beyond $250,000, while its typical family earnings is the greatest out of the 1,400+ cities in New york city we evaluated, at $617,173. Brookeville’s reported mean house worth exceeds $2 million and the mean real estate tax paid by families remains in excess of $10,000 annually.
The No. 2 wealthiest city in New york city is Tuxedo Park, a gated town northwest of New york city City, in Orange County. The town is fixated Tuxedo Lake and consists of the Tuxedo Club Golf Clubhouse. Like Brookeville, the mean house worth in Tuxedo Park goes beyond the $2 million limitation as tracked by the Census Bureau, and its mean real estate tax paid likewise goes beyond the limitation of $10,000. Besides a typical family earnings in excess of $250,000, Tuxedo Park has a typical family earnings of $597,528, the 2nd greatest quantity in the state. With 22% of the labor force used in the Financing & & Insurance coverage market, according to Information U.S.A., it’s not unexpected that earnings are so high in Tuxedo Park.
Out of the leading 10 wealthiest cities in New york city, the biggest is Scarsdale, with 5,448 families. In spite of its size, Scarsdale still keeps a typical family earnings that exceeds $250,000. On the other hand, its typical family earnings is among the greatest in New york city, $516,371. And its mean house worth is more than $1.47 million, while the mean real estate tax paid by family remains in excess of $10,000 annually.