What should we feel about the news that our neighbor, Greenwich, CT, has just been given the distinction of being not only among America’s 5 richest neighborhoods, but in fact, THE richest neighborhood in America?
The RealDeal reports that based on an index called the Higley 1000, a list of the highest-income neighborhoods in the U.S., the Golden Triangle area of town, noted for its one- and two-acre lots, palatial estates, various waterways, winding country roads, forests, meadows and gorges carved by past glaciers, ranks first with an an impressive mean household income of $614,242.
You’d need that, at the very least, to afford Copper Beach Farm, shown here, currently on the market for $130,000,000.
No. 2: Bradley Manor-Longwood in Bethesda, Md. Mean household income: $599,440
No. 3: Potomac Manors in Potomac, Md. Mean household income: $599,331
No. 4: Old Cutler-Hammock Oaks in Coral Gables, Fla. Mean household income: $596,851
No. 5: Carderock-The Palisades in Potomac, Md. Mean household income: $595,669
Stephen Higley, a professor emeritus of urban social geography at the University of Montevallo,compiles the index, and the RealDeal.com reports that he found that the top neighborhoods have become more inclusive, home to more Asian and Latino residents than ever before.
Higley ranked the most expensive neighborhoods in America based on American Community Survey 2006 – 2010 data. He aggregated contiguous block groups (subdivisions of Census tracts) with a mean income over $200,000. Read the entire RealDeal.com blog post here.