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Just looked at the latest rankings on America's wealthiest suburbs in america and some interesting patterns are jumping out. Scarsdale, New York holding the top spot again with household incomes over $600k - not surprising given the NYC metro area money, but what caught my eye is how much California dominates the list. They've got 17 suburbs in the top 50 now.
The real story though? Texas suburbs are making a serious move. Three of them cracked the top 10 this year - West University Place in Houston, University Park in Dallas, and Southlake in Fort Worth. Southlake especially jumped up from 13th last year to 7th. That's the kind of shift you don't see every cycle.
What's wild is looking at home values alongside income. Some of these California suburbs like Los Altos and Alamo are sitting on homes valued over $2.5-4 million, but their household incomes aren't even the highest on the list. Meanwhile Florida suburbs like Palm Beach have insane median home prices - we're talking over $10 million - but the actual household income rankings are lower than you'd expect.
If you're tracking where wealth is concentrating, these wealthiest suburbs in america tell you everything. The Bay Area, Dallas-Fort Worth corridor, and the DC suburbs are clearly where the money is clustering. Noticed some newcomers popping up too - places like Alamo, California and a few Texas suburbs weren't even in the top 50 before. Market's definitely shifting.