New York showcases a clear difference between its busy city areas and peaceful countryside. Some of the wealthiest people in the country live in luxurious mansions, penthouses, and estates within the state. But which town in New York is considered the wealthiest? Based on the latest census data, the answer is Brookeville, a small community located on the North Shore of Long Island.
What Makes Brookeville Unique?
Brookeville, a small village in Nassau County, has a population of only 733 households. Situated next to the Long Island Sound, this charming town has a rich history dating back to the 18th century. It started as an agricultural community and eventually became a popular summer destination for wealthy New Yorkers. Brookeville is well-known today for its high-end real estate market, with a median sales price of approximately $1.8 million.
However, what sets Brookeville apart from other wealthy New York towns is its exceptional income levels. Brookeville boasts the highest average household income of $617,173 among over 1,400 cities in New York analyzed by Forbes. Additionally, the median household income exceeds $250,000, a benchmark tracked by the Census Bureau. Most households in Brookeville earn over $250,000 per year.
Comparing Brookeville to Other Affluent New York Towns
Brookeville is not the only town in New York known for its significant wealth. Actually, many others have property values and tax rates that are equal to or better than it. Consider Tuxedo Park, a gated village in Orange County, with a median home value over $2 million and median property taxes exceeding $10,000. Tuxedo Park boasts an average household income of $597,528, ranking as the second-highest in the state.
Several other towns are highlighted on the list of New York’s wealthiest cities, such as Scarsdale, Sands Point, Bronxville, and Old Westbury. These towns are mostly found in Westchester County or Long Island and provide a mix of urban and suburban amenities. They are famous for their excellent schools, exclusive clubs, and cultural offerings.
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How about exploring the most upscale neighborhoods in New York City?
Brookeville and other wealthy towns are located outside of New York City, which is home to some of the most exclusive neighborhoods in the country. Based on PropertyClub’s 2023 data, Noho (North of Houston Street) is the most expensive neighborhood in NYC, with a median sales price of $4.7 million. Noho is known for its historic district, stylish lofts, popular restaurants, and art galleries.
The top five neighborhoods are Hudson Yards ($4.3 million), Tribeca ($3.9 million), Central Park South ($3.8 million), and Nolita ($3.5 million). These neighborhoods in Manhattan provide beautiful views, high-end amenities, and are close to cultural and business centers. Brooklyn also has some high-end neighborhoods like Cobble Hill ($1.6 million), Carroll Gardens ($1.5 million), and Boerum Hill ($1.4 million). These locations are known for their lovely brownstones, gardens, and welcoming atmospheres.
Finally
New York is a state that draws in residents from various backgrounds, particularly those who have found financial success. From Brookeville on Long Island to Noho in Manhattan, there are plenty of options for those who can afford to live in the state’s most upscale towns or neighborhoods. However, money is not the only factor to consider when choosing a place to live; there are many other aspects that influence a location’s appeal. In the end, the ideal place to live depends on individual tastes and way of life.
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