In this article, we will look at the 10 Richest Zip Codes in the US. For a detailed overview of insights into the wealthiest areas in America, read our article 30 Richest Zip Codes in the US.
10. Water Mill
Median Home Sale Price: $3,699,000
Median Household Income: $161,442
Zip Code: 11976
Final Weighted Average Score: 18.5
Water Mill is a small hamlet in New York that perfectly blends urban convenience with countryside tranquility. It has a number of beautiful parks and beaches, where residents can easily access high-end dining and entertainment options.
9. New York City
Median Home Sale Price: $3,795,000
Median Household Income: $137,572
Zip Code: 10013
Final Weighted Average Score: 19.5
Many people dream of living the American dream in New York City, the global cultural and economic hub. However, it is one of the 30 richest zip codes in the US, with a median home sales price of $426,001 in 2023.
8. Malibu
Median Home Sale Price: $3,500,000
Median Household Income: $178,594
Zip Code: 90265
Final Weighted Average Score: 20
Malibu is known for its luxurious and exclusive lifestyle, as evidenced by its numerous multimillion-dollar beachfront homes.
7. Amagansett
Median Home Sale Price: $3,525,000
Median Household Income: $144,318
Zip Code: 11930
Final Weighted Average Score: 21.5
The rich and famous are drawn to Amagansett for its seclusion and tranquility.
6. Stinson Beach
Median Home Sale Price: $3,530,000
Median Household Income: $103,625
Zip Code: 94970
Final Weighted Average Score: 23.5
Stinson Beach is considered to offer a private, exclusive, and luxurious lifestyle to its residents.
5. Diablo
Median Home Sale Price: $3,400,000
Median Household Income: $110,455
Zip Code: 94528
Final Weighted Average Score: 24.5
The lifestyle in the Diablo zip code is a major factor in its high cost. The area is home to many wealthy professionals and entrepreneurs who are willing to pay for the best that life has to offer.
4. Pebble Beach
Median Home Sale Price: $3,280,000
Median Household Income: $138,917
Zip Code: 93953
Final Weighted Average Score: 25
Pebble Beach is a luxurious and exclusive gated community located on the Monterey Peninsula. It has stunning scenery, world-class golf courses, luxury amenities, and cultural attractions. The high cost of living in the area is mainly due to its limited housing supply, high demand from tourists and residents, and high-end lifestyle.
3. Bridgehampton
Median Home Sale Price: $3,300,000
Median Household Income: $108,545
Zip Code: 11932
Final Weighted Average Score: 25.5
Bridgehampton is a highly expensive zip code due to several factors, including its scenic beauty, premium amenities, limited inventory, and seclusion. The area is home to picturesque beaches, dunes, forests, and several world-renowned golf courses. Additionally, the area is very exclusive, with many gated communities and estates. This also contributes to the high cost of living.
2. Los Angeles
Median Home Sale Price: $3,300,000
Median Household Income: $69,778
Zip Code: 90077
Final Weighted Average Score: 29
According to a report on trends and insights in the Los Angeles real estate market, the median listed home price reached $990,000 in July 2023, up 10.5% from the previous year. This reflects the upward trend in property demand. The median listed home price per square foot was $635 in July 2023.
1. Boston
Median Home Sale Price: $3,245,000
Median Household Income: $81,744
Zip Code: 2199
Final Weighted Average Score: 29.5
Boston faced a housing shortage in 2022 that has been difficult to overcome due to zoning laws in the area that favor single-family homes. As a result, it was named the second-most expensive city in the US around the end of 2022. In July 2023, the average home value in the city crossed $350,000 for the first time in history, surpassing the peak in July 2022.
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