Only 2 of New York’s Richest Neighborhoods Are in Brooklyn
Another hint that Brooklyn hasn’t exactly overtaken Manhattan as the wealthiest, most generally overpriced borough: this data from The Higley 1000, which ranked the nation’s wealthiest neighborhoods using census numbers on median household income. Of the city’s 19 most expensive neighborhoods, only two of them—DUMBO and Cobble Hill—are in Brooklyn.
From Higley’s report:
1: Lenox Hill (Manhattan)
Mean Household Income: $373,107, Higley 1000 #90
1.1% Black, 4.0% Asian, 4.8% Latino and 87.8% Non-Hispanic White.
2: Union Square North (Manhattan)
Mean Household Income: $352,682, Higley 1000 #128
1.6% Black, 12.6% Asian, 5.3% Latino and 77.0% Non-Hispanic White.
3: Flatiron District (Manhattan)
Mean Household Income: $347,688, Higley 1000 #137
6.8% Black, 10.0% Asian, 9.9% Latino and 68.4% Non-Hispanic White.
4: Carnegie Hill (Manhattan)
Mean Household Income: $333,067, Higley 1000 #177
1.0% Black, 4.6% Asian, 4.3% Latino and 89.0% Non-Hispanic White.
5: Tribeca (Manhattan)
Mean Household Income: $332,138, Higley 1000 #179
2.3% Black, 10.4% Asian, 4.9% Latino and 77.1% Non-Hispanic White.
6: Dumbo (Brooklyn)
Mean Household Income: $295,153, Higley 1000 #354
3.1% Black, 8.4% Asian, 4.8% Latino and 79.4% Non-Hispanic White.
7: Forest Hills (Queens)
Mean Household Income: $288,699, Higley 1000 #400
1.6% Black, 24.6% Asian, 5.9% Latino and 62.9% Non-Hispanic White.
8: Beekman Place (Manhattan)
Mean Household Income: $283,316, Higley 1000 #447
0.7% Black, 5.1% Asian, 5.3% Latino and 87.4% Non-Hispanic White.
9: Cobble Hill (Cobble Hill)
Mean Household Income: $281,303, Higley 1000 #459
1.5% Black, 4.8% Asian, 7.1% Latino and 81.1% Non-Hispanic White.
10: Upper East Side (Manhattan)
Mean Household Income: $278,040, Higley 1000 #490
1.3% Black, 5.5% Asian, 4.7% Latino and 85.6% Non-Hispanic White.
One wonders how people in say, Williamsburg and Brooklyn Heights are making rent if they aren’t among the city’s wealthiest, but another thing that’s interesting to note is that even Manhattan didn’t top out the larger list; all the really tony neighborhoods are in the suburbs, and the wealthiest in the nation was actually Greenwich, Connecticut. Granted, “median income” tends to be harder to pin down in cities, which often have a wider spread of income levels, but one thing on this list remains depressingly uniform: the racial demographics of these neighborhoods, which are overwhelmingly white. Looks like all the money is exactly where we left it, then: with rich white people on the Upper East Side and in the suburbs. Oh.
Follow Virginia K. Smith on Twitter @vksmith.
