15 Wealthiest Cities To Live in New York

You may be more familiar with New York’s wealthiest cities than you realize. Suburbs like Rye and Scarsdale have been spotted in our 2024 and 2025 rankings of America’s wealthiest suburbs, thanks to their above-average household incomes. According to a new GOBankingRates study, New York’s 15 wealthiest cities boast mean household incomes of at least $276,000 annually.

GOBankingRates found these cities by studying all New York cities with populations of 5,000 or greater. The U.S. Census 2023 American Community Survey was referred to for household incomes, and the cost of living was calculated using the national average household expenditure costs.

Keep reading to see which New York cities are the wealthiest to live in.

Want to know which American suburbs are the wealthiest in 2025? You can find the full ranking here.

• Average household income: $601,193
• Annual cost of living: $121,330
• Livability: 69

• Average household income: $432,323
• Annual cost of living: $121,330
• Livability: 80

• Average household income: $421,259
• Annual cost of living: $121,330
• Livability: 70

• Average household income: $397,818
• Annual cost of living: $124,112
• Livability: 77

• Average household income: $374,505
• Annual cost of living: $121,330
• Livability: 77

• Average household income: $313,303
• Annual cost of living: $124,112
• Livability: 60

• Average household income: $308,192
• Annual cost of living: $121,330
• Livability: 86

• Average household income: $306,041
• Annual cost of living: $124,112
• Livability: 70

• Average household income: $303,340
• Annual cost of living: $121,330
• Livability: 67

• Average household income: $302,001
• Annual cost of living: $121,330
• Livability: 70

• Average household income: $292,420
• Annual cost of living: $111,592
• Livability: 58

• Average household income: $289,808
• Annual cost of living: $121,330
• Livability: 75

• Average household income: $289,081
• Annual cost of living: $121,330
• Livability: 74

• Average household income: $278,811
• Annual cost of living: $124,112
• Livability: 59

• Average household income: $276,255
• Annual cost of living: $124,112
• Livability: 79

Dive into more original studies and surveys in the GOBankingRates original research center.

Editor’s note: Photos are for representational purposes only and might not reflect the exact locations listed.

Methodology: For this study, GOBankingRates analyzed all the cities in New York with at least 5,000 population, according to the U.S. Census 2023 American Community Survey. The total households and income were sourced from the ACS. The cost of living was calculated using Sperling’s BestPlaces the Bureau of Labor Statistics Consumer Expenditure Survey. The livability indexes were sourced from Areavibes. The cities were sorted by their average household income. All data was collected on and is up to date as of Oct. 8, 2025.