America’s Youngest Wealthiest Suburbs 

With abundant opportunities in the tech industry, young professionals have built massive fortunes at a faster pace than it took previous generations, such as boomers, to grow at the same age. Some examples of wealthy millennials include billionaires such as Meta’s Mark Zuckerberg, TikTok founder Zhang Yiming, and the CEO and co-founder of Airbnb, Brian Chesky. 

​​Key Findings

• For the second year in a row, Scarsdale is America’s wealthiest suburb. The suburb’s household mean income for 2022 was $588,014 (adjusted for 2023 inflation) and $601,193 for 2023, increasing by 2.2% over one-year.
• This year’s 10 wealthiest suburbs featured two surprising newcomers: Alamo, California, and Southlake, Texas, ranked fifth and seventh. In 2024, Southlake ranked 13th, but Alamo didn’t rank in the top 50 at all.
• The top 50 includes six new wealthy suburbs: Alamo, California (#5); Coto de Caza, California (#22); Lake Butler, Florida (#40); Colleyville, Texas (#47); Newton, Massachusetts (#49); and Brentwood, Tennessee (#50).
• For the second year running, California has the most wealthy suburbs in the top 50. The total for 2025 is 17, up from 16 in 2024. The five most expensive California suburbs are Los Altos ($403,512), Alamo ($403,334), Orinda ($369,073), Palos Verdes Estates ($367,178) and Saratoga ($344,319).
• Five Texas suburbs ranked in the top 50 — three in the top 10: West University Place (#3), University Park (#6), Southlake (#7), Bellaire (#23) and Colleyville (#47).
• Palm Beach (#13), Pinecrest (#21) and Lake Butler (#40) ranked as Florida’s three wealthiest suburbs.​