This Hudson Valley Town Is The Richest In NY, New Study Finds

SCARSDALE, NY — New York's richest town is Scarsdale, according to an analysis of nationwide data by content platform Stacker.

Stacker determined the wealthiest towns in each state using median household income from the most recent U.S. Census Bureau American Community Survey Five-Year Data, per August 2024, noting the available statistics do not show median incomes above $250,000. Ties were broken by the percentage of residents earning over $200,000 per year.

"The 'richest town' can look quite different from state to state, with some being far wealthier than others," according to Stacker. "For instance, the country’s millionaires and billionaires are concentrated in California, New York, Florida, and Texas, meaning that the lifestyle in Palm Beach is not akin to that of, say, Kildeer, Illinois."

In Scarsdale, the median household income is listed at $250,000, which is 232.7 percent higher than the national median, Stacker reported, adding that 74.3 percent of households in the town earn more than $200,000 and a mere 1.5 percent of families fall below the poverty line.

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"Scarsdale is 23 miles northeast of New York City, with many of its residents working in the Big Apple," Stacker noted. "Prominent citizens include James Fenimore Cooper, author of 'The Last of the Mohicans,' and Vice President Daniel D. Tompkins. White settlers arrived in the town in 1660 after purchasing the land from the Siwanoy Tribe. Scarsdale now boasts a population of over 18,200 and grew slowly because of its isolated nature and lack of access to Long Island Sound or the Hudson River."

Read more from Stacker here.