Richest Cities in New York (2025)

by Kristen Carney Kristen Carney

Updated: December 17, 2024

Richest City in New York

The richest city in New York is Brookville in Nassau County with an average household income of $637,147 as of 2023. While exceptionally affluent, Brookville only has a population of 2,947 as of 2023. The richest city in New York with at least 5,000 people is Scarsdale in Westchester County with an average household income of $601,193 as of 2023 and 17,747 people as of 2023 according to the most current Census data available (citation).

Download the newest population data for New York cities

Save 40+ hours of searching for data in the deep, dark internet rabbit hole, and get the most current Census income data for all New York cities. Sort your Excel file from the most affluent cities to the least affluent cities in New York with 2 mouse clicks. Download the sample below.

↓ Download (.xlsx)

Free, Excel™ file.
Trusted by 13,528 businesses.

20 Richest Cities in New York

Rank City County Population Average Income Median Income
1 Brookville Nassau 2,947 $637,147 $250,001
2 Tuxedo Park Orange 624 $633,521 $250,001
3 Hewlett Bay Park Nassau 468 $616,889 $250,001
4 Scarsdale Westchester 17,747 $601,193 $250,001
5 Plandome Nassau 1,452 $579,488 $250,001
6 Sands Point Nassau 2,735 $494,060 $250,001
7 Centre Island Nassau 392 $472,064 $213,542
8 Woodsburgh Nassau 876 $470,134 $250,001
9 Laurel Hollow Nassau 1,923 $461,436 $250,001
10 Munsey Park Nassau 2,765 $455,803 $250,001
11 Oyster Bay Cove Nassau 2,240 $453,547 $250,001
12 Old Field Suffolk 899 $453,181 $250,001
13 Roslyn Estates Nassau 1,315 $450,572 $250,001
14 Old Westbury Nassau 4,833 $441,391 $250,001
15 Lattingtown Nassau 1,864 $434,865 $250,001
16 West Hampton Dunes Suffolk 117 $433,907 $250,001
17 Plandome Manor Nassau 801 $433,293 $250,001
18 Bronxville Westchester 6,404 $432,323 $215,726
19 Cove Neck Nassau 293 $426,553 $214,107
20 Huntington Bay Suffolk 1,426 $421,676 $250,001

Median Income versus Average Income: Which Should You Use?

We usually suggest using median income data – either instead of or in addition to – average income data as a true indicator of wealth. If you haven’t thought about median versus average since your last standardized test, you aren’t alone. Here’s what they are:

  • average is the sum of a set of numbers divided by the count of numbers in the set
  • median is the middle number in the set of numbers
illustation of median vs average

Now let’s say you had the following simplified set of income data.

Household 1: $30,000
Household 2: $50,000
Household 3: $1,000,000

The average income for this set is $360,000. The outlier data point ($1,000,000) skews the average WAY up. Conversely, the average income would be skewed WAY down if someone had an income of $500. The median income for the same data set is $50,000. Outlier data doesn’t skew the median.

Most Business Owners Should Use Median Income

So most business owners should use the median income as a true indicator of wealth, because it provides a more accurate representation of a typical income, especially in areas with significant income disparity.

When Should You Use Average Income

If your target market is high-income households, the average income may be more relevant. This is because the average income can highlight the presence of a higher concentration of wealthy individuals, which is beneficial for luxury goods and services marketing. We’re using average income on this page because using the Census’s highest reported median value of $250,001 could result in multiple ties for the richest geography.

Why do so many cities have a median value of $250,001?

The Census' American Community Survey uses $250,000+ as a jam value for median income estimates to protect privacy, ensure data consistency, and simplify reporting. A "jam value" in survey data refers to a placeholder or default value used when actual data points are unavailable, incomplete, or exceed certain thresholds. We represent this jam value as $250,001 to make it easy for you to sort.

Email Me When New Data Are Released

Join thousands of subscribers and receive just 1 (ONE!) email a year in December when the US Census Bureau releases new income data for New York richest cities.

SOURCES

United States Census Bureau. Annual Estimates of the Resident Population: April 1, 2020 to July 1, 2023. U.S. Census Bureau, Population Division. Web. May 2024. http://www.census.gov/.

United States Census Bureau. B01001 SEX BY AGE, 2023 American Community Survey 5-Year Estimates. U.S. Census Bureau, American Community Survey Office. Web. 12 December 2024. http://www.census.gov/.

United States Census Bureau. B19013 Median Household Income, 2023 American Community Survey 5-Year Estimates. U.S. Census Bureau, American Community Survey Office. Web. 12 December 2024. http://www.census.gov/.

United States Census Bureau. “DP03 SELECTED ECONOMIC CHARACTERISTICS.” 2023 American Community Survey 5-Year Estimates. U.S. Census Bureau, American Community Survey Office. Web. 12 December 2024. http://www.census.gov/.

Connect

Cubit logo

© Copyright 2025 Cubit Planning, Inc.