Three Chicago suburbs have been identified as the wealthiest in the nation, based on a recent analysis
In a recent study by GoBankingRates, published on July 16, 2025, the wealthiest suburbs in the United States were revealed. The study analysed the 50 suburbs with the highest average income and compared 2022 and 2023 data from cities with at least 5,000 households that are part of a metropolitan statistical area.
The city of Illinois is seeing an increase in new residents, as indicated by recent data celebrated by the state's governor, J.B. Pritzker. Among the top 10 wealthiest suburbs in the United States for 2025, three suburbs from Illinois made the list. However, none of Chicago's top 3 suburbs were included in the top 3 nationally.
Scarsdale, New York, topped the list as the wealthiest suburb in the United States for the second year in a row, with an average family income of $601,193. Hinsdale, a suburb of Chicago, ranked 8th with an average annual family income of $376,366 and an average home value of $1,234,894. Lake Forest and Wilmette, two other suburbs of Chicago, also ranked among the wealthiest suburbs but were not in the top 10 overall.
In particular, Hinsdale, Illinois, stands out as the highest-ranked wealthy suburb from the state, generally featuring in the top 10-50 nationally. Lake Forest and Wilmette also rank among wealthy suburbs but are not in the top tier.
Chicago's North Shore suburbs, while wealthy, are generally ranked lower than the leading suburbs from New York, Texas, and California. The study used the Zillow index for average home values in May of the year the data was published.
The study also highlighted Hinsdale as Illinois' wealthiest suburb, often mentioned in 2025 rankings. University Park, Dallas, Texas, ranked 6th with an average family income of $389,868, while Southlake, Fort Worth, Texas, ranked 7th with an average family income of $382,520. West University Place, Houston, Texas, ranked 9th with an average family income of $409,667.
The average family income in Wellesley, Boston, Massachusetts, is $368,179, while Orinda, Oakland, California, has an average family income of $369,073. Los Altos, San Jose, California, has an average family income of $403,512. Rye, New York, has an average family income of $421,259.
The analysis included three suburbs of Chicago in its top 50 wealthiest suburbs in the United States. The study selected the 50 suburbs with the highest average income for its analysis. The average family income in Alamo, Oakland, California, is $403,334.
In summary, while Chicago's suburbs show strength in wealth rankings, none of them managed to break into the national top 3 dominated by suburbs in New York, Texas, and California. However, Hinsdale, Illinois, stands out as the highest-ranked wealthy suburb from the state, generally featuring in the top 10-50 nationally. Lake Forest and Wilmette also rank among wealthy suburbs but are not in the top tier.
Finance news highlights the steady growth in wealth of suburbs across the United States, as revealed in a recent study by GoBankingRates. Among the top 10 wealthiest suburbs in 2025, three suburbs from Illinois made the list, with Hinsdale, Illinois, standing out as the highest-ranked wealthy suburb from the state, typically ranking within the top 10-50 nationally. Investing in real-estate in Hinsdale, which offers an average family income of $376,366 and an average home value of $1,234,894, could be a promising venture for those interested in business.
