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The Most Expensive Suburbs of America’s 10 Biggest Cities

Residential real estate firm Engel & Völkers has taken a look at the most expensive areas surrounding America’s 10 largest cities. The goal: to provide a snapshot of the nation’s luxury real estate marketplace outside of the cities that typically top the list of the nation’s wealthiest places to live.

After identifying the nation’s 10 most-populated cities using data from the U.S. Census bureau, the firm then determined the priciest suburbs based on median home price. Here, a list of the cities—in ascending order of population—and the most expensive suburb of each one, along with the median home price and household income.

 

10) San Jose, Calif.—Los Altos Hills

Population: 1.03 million

Median home price: $3.45 million

Median household income: $224,270

 

9) Dallas, Texas—Westlake

Population: 1.3 million

Median home price: $2 million

Median household income: $250,000

 

8) San Diego, Calif.—Rancho Santa Fe

Population: 1.39 million

Median home price: $2.12 million

Median household income: $101,250

 

7) San Antonio, Texas—Terrell Hills

Population: 1.47 million

Median home price: $1.32 million

Median household income: $127,589

 

6) Phoenix, Ariz. —Paradise Valley

Population: 1.56 million

Median home price: $1.1 million

Median household income: $134,097

 

5) Philadelphia, Pa. —Bryn Mawr

Population: 1.57 million

Median home price: $760,300

Median household income: $61,797

 

4) Houston, Texas—Southside Place

Population: 2.3 million

Median home price: $1.25 million

Median household income: $141,250

 

3) Chicago, Ill. —Glencoe

Population: 2.72 million

Median home price: $1.3 million

Median household income: $171,250

 

2) Los Angeles, Calif. —Bel-Air

Population: 3.97 million

Median home price: $3.45 million

Median household income: $207,938

 

1) New York, N.Y. —Bronxville

Population: 8.55 million

Median home price: $2.33 million

Median household income: $193,333

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