Wealthiest counties in New York: Where does Staten Island rank? (2024)

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Wealthiest counties in New York: Where does Staten Island rank? ›

The average per capita income for Staten Island residents is as $62,558. Staten Island is followed by Suffolk, Rockland, Putnam, and Saratoga counties rounding out the top ten overall wealthiest counties in New York.

The richest neighborhood in Staten Island, Todt Hill, symbolizes luxury and elegance with its majestic mansions and exclusive community. However, Staten Island is more than just one affluent neighborhood. Grymes Hill, Lighthouse Hill, and Emerson Hill are among the other rich towns that showcase opulence and grandeur.

The county, together with Suffolk County to its immediate east, are generally referred to as "Long Island". Two cities, three towns, 64 incorporated villages, and more than 60 unincorporated hamlets are located within the county. Nassau County is the wealthiest county in New York.

One Upstate New York county is among the top 10 wealthiest in the state, according to a recent list from Stacker. Saratoga County was the wealthiest Upstate New York county on the list and ranked No. 8 statewide. The median household income there was $85,224, 19.8% above the New York average.

If you're short on time, here's a quick answer: According to various economic measures, Manhattan is consistently the richest borough in New York City due to having the highest median incomes, most expensive real estate, and greatest concentration of wealthy individuals and industries.

Is Staten Island a wealthy area? Just like anywhere else, there are areasi that are wealthy and areas that are at the bottom economically, but most of the island is working class and middle class.

Where do rich people live in manhattan? The most expensive areas of New York are NoHo, Hudson Yards, Tribeca, Central Park South, and Nolita. The average sales price in these areas exceeds $3 million. As you might expect, most wealthy New Yorkers live in Manhattan.

Loudoun County located in Virginia, is the richest county in the US with a population of 435,735. The county is known for its tertiary services, booming wine sector, huge wheat-growing land,second-largest, and is the hub of several high-tech and IT businesses.

Bronx County is the poorest county in New York. It has a large population of around 1.47 million people. The average household income is about $47,036, which is not much. A lot of people, around 27.6%, live in poverty there.

What billionaires live in Upstate New York? ›

Tuxedo Park is the most expensive area in upstate New York to live in. It is a gated community, offering privacy and exclusivity to its residents. The controlled access and limited entry contribute to the sense of security and prestige associated with living in the area.

Bolton Landing (12814)

With a median sale price of $902,000 in 2023, Bolton Landing tops the list as one of the most expensive zip codes in Upstate New York. This picturesque area, nestled on the shores of Lake George, offers stunning waterfront properties and a tranquil atmosphere.

Staten Island's overall cost of living index is 163, which means it is above the national average of 100 but below the New York State average of 120. However, it is noticeably lower than the cost of living in Manhattan (258) and some other boroughs such as Brooklyn (200) and Queens (178).

Despite significant investment compared to the post war period, many exacerbated social problems remain including high rates of violent crime, substance abuse, overcrowding, and substandard housing conditions. The Bronx has the highest rate of poverty in New York City, and the greater South Bronx is the poorest area.

Once known as the Silk Stocking District, it has long been the most affluent neighborhood in New York City. The Upper East Side is part of Manhattan Community District 8, and its primary ZIP Codes are 10021, 10028, 10065, 10075, and 10128.

Staten Island's overall cost of living index is 163, which means it is above the national average of 100 but below the New York State average of 120. However, it is noticeably lower than the cost of living in Manhattan (258) and some other boroughs such as Brooklyn (200) and Queens (178).

The median household income in Staten Island was $79,200 in 2017, almost one-third higher than the citywide median ($60,900) and second only to Manhattan (see Figure 5). While household income grew by 12 percent between 2010 and 2017, it was still lower than its prerecession peak when adjusted for inflation.

Staten Island is a great place for family life

If you want to have a big family and you don't want to raise your kids in the midst of all the hustle and bustle, then moving to Staten Island will be the right move for you! The residents here love that the area is calm and it has great schools.

What are the highlights of Staten Island? Staten Island is most well-known for its green park spaces, museums and historical buildings. It is often considered the “borough of parks” because of its numerous natural spaces. Notable parks include Clove Lakes, High Rock Park, Greenbelt and Lemon Creek Park.