MoneyLion Ranks Scarsdale No. 1 U.S. Suburb at $612,591 Average Household Income
Updated
Updated · USA TODAY · Aug 22
MoneyLion Ranks Scarsdale No. 1 U.S. Suburb at $612,591 Average Household Income
3 articles · Updated · USA TODAY · Aug 22
Summary
Scarsdale, New York, led MoneyLion’s 2024-based ranking of the 50 most affluent U.S. suburbs with average household income of $612,591, ahead of West University Place, Texas, at $439,594 and Rye, New York, at $428,806.
The list used mean household income from the 2024 American Community Survey and covered suburbs with at least 5,000 households, a methodology that can elevate places with ultra-rich residents and exclude smaller wealthy enclaves.
California, New York and Texas accounted for eight of the top 10 suburbs, underscoring how high-income communities remain concentrated around major metros including New York City, Houston, Dallas and San Francisco.
Home values tracked that wealth: Los Altos, California, ranked fourth by income, had average home prices of $4.8 million, while Scarsdale and West University Place averaged about $1.7 million.
MoneyLion said affluent suburbs often pair strong schools and limited housing supply with proximity to big-city jobs, though it also flagged higher exposure to white-collar crime such as identity theft and wire fraud.