These Are the Most Expensive Zip Codes in Every State
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Living in these communities doesn’t come cheap. Check out the most expensive neighborhoods in America, you just might live near—or in—one.
Affluent Addresses
Sure, property seekers have been going nuts over prices in Hollywood, South Beach, and Greenwich Village for years, but it might surprise you to know that these aren’t the most expensive neighborhoods in the country—or even in their own states. We’ve looked at the data on real estate prices and neighborhood incomes from Zillow, Realtor, and Neighborhood Scout to find the most expensive neighborhoods stateside. Click through to view the neighborhoods that made the list, and find out if yours is one of them.
Alabama: Mountain Brook (35223)
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The stately suburb of Mountain Brook, located southeast of Birmingham, boasts a booming—but pricey—real estate market. The median house value is $689,867, but multimillion-dollar properties are a common sight. No surprise, here—the neighborhood of white-collar professionals is among the top 3% wealthiest in the country.
Alaska: Anchorage (99516)
Although a haven for outdoor enthusiasts, Anchorage’s high cost of living makes it tricky for average residents to make ends meet. With a median home value of $482,712, the town’s Seward Highway / Potter Valley Road neighborhood is no exception. Rather than average Joe’s, it’s high-earning executives, managers, and professionals who can afford to snag palatial properties.
Arizona: Paradise Valley (85253)
The median home value of $1,650,254 in the close-knit 14,502-person town of Paradise Valley is rich even for the likes of its wealthy residents, who earn $126,367 per capita. And folks must enjoy their homes: over 22% work from home, one of the highest percentages in the country.
Arkansas: Little Rock (72223)
This little college town is home to more residents who work in the computing and math sectors than in 95% of locales in the country. The wealthiest of these professionals put down roots in the Ampersand Street / North Pierce Street neighborhood where the median house value is $337,840. While most homes in the Little Rock neighborhood are established properties built between 1940 and 1969, there are also more recently-built homes to be had.
California: Atherton (94027)
Move over, 90210—the most expensive zip code in California is in Atherton, a hard-charging bayside town located between San Francisco and San Jose. The Menlo College / El Camino Real neighborhood has a jaw-dropping median house value of $6,612,392. Because of its proximity to San Francisco and Silicone Valley, home buyers are willing to splash out on multi-million-dollar properties.
Colorado: Mountain Village (81435)
Just three miles from the world-famous Telluride Ski Resort, it’s no surprise that Mountain Village is twice as expensive as the average American city. Sky-high real estate prices—the median house value is $1,107,405—may be a small price to pay for the breathtaking mountain views and pristine slopes. When the 1,395 nature-loving residents that live in Mountain Village aren’t on the slopes, you might find them at home in one of the area’s many lavish ski-chalet-inspired houses.
Connecticut: Greenwich (06830)
Just north of New York City and nestled along the Long Island Sound, Greenwich is a tony suburb where the median home value hovers around $1,524,741. Its Belle Haven neighborhood is wealthier than 99.9% of the country.
Delaware: Wilmington (19807)
The shipyards of Wilmington made it a magnet for military serviceman during the Second World War, but now this town attracts executives and professionals of all trades with its thriving economy. The affluent Greenville neighborhood in the northwest corner of the city has a lower rate of crime than surrounding Wilmington, as well as a median house value of $747,079.
Florida: Boca Grande (33921)
The Sunshine State continues to be a hot spot for retirees, but you’ll need an extra-large nest egg to settle in the affluent island town of Boca Grande. The high cost of home ownership—the median home value is $1,761,697—may be well worth the investment since local homeowners have enjoyed a roughly 4% annual increase in real estate value in just the last year.
Georgia: Atlanta (30327)
The abundance of colleges and universities in the Atlanta metropolitan area contributes to a large population of college students in the artsy capital city, but the Northside Drive Northwest / Mount Paran Road Northwest neighborhood is more likely to draw retirees and high-earning professionals because of its median home price of $$1,088,157. The north Atlanta neighborhood consists mainly of homes built between 1970 and 1999, along with a fair few handsome mansions built more recently.
Hawaii: Honolulu (96821)
What’s the price of living in paradise? If you dwell in eastern Honolulu, budget at least $1,371,804, which is the median home value in the area—but real estate prices can ascend much higher. While Honolulu is a blend of blue- and white-collar professionals, in the Kaalawai neighborhood residents are by and large executives, managers, and professionals. This fact contributes to a neighborhood income that is higher than 98.2% of neighborhoods in America.
Idaho: Ketchum (83353)
When it comes to the title of most expensive city in Idaho, the victor is Ketchum. The town of 2,827 has a median home value of $833,851. The nearby Sun Valley Resort is a good indicator as to why this is a pricy place to purchase property. Celebrities, executives, and other elites flock to the small town to enjoy the slopes and hiking trails.
Illinois: Kenilworth (60043)
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The 2,555-person village of Kenilworth may be small, but its per-capita income of over $100,000 cannot be overlooked. While the median home value actually dropped 2% over the last year, it’s still an impressive $1,339,529. It’s that price tag that earned the town the second place ranking in Forbes list of “America’s Most Affluent Neighborhoods” in 2011.
Indiana: Zionsville (46077)
Wikimedia Commons via Rosina Peixoto
From fireworks on the Fourth of July to an activity-packed fall festival, there’s never a dull moment in Zionsville. But depending on which neighborhood you choose to reside, you could pay a steep price to enjoy family-friendly attractions year-round. The Northern Meadows neighborhood has a median home value of $423,458, a 3.4% increase from last year.
Iowa: Cedar Rapids (52411)
The second-largest city in Iowa also contains the most expensive neighborhood. The Linn Junction / New Buffalo neighborhood has a median home value of $324,783, which is relatively modest and speaks to the low average cost of living in the Hawkeye State. Although pricey when compared to other Iowa neighborhoods, you’ll find more for your money in Cedar Rapids than just about anywhere in America.
Kansas: Leawood (66224)
Elegant yet modern homes make this southern suburb of Kansas City a magnet for those with uncompromising tastes. While the median home value is $527,465, that price is not out of reach for the residents of the West 119th Street / State Line Road neighborhood, whose incomes put it in the top 15% of highest earning neighborhoods in the country.
Kentucky: Lexington (40513)
Equestrian-friendly jaunts like Kentucky Horse Park and the Keeneland race courses earned Lexington the nickname of “Horse Capital of the World.” But the second largest city in Kentucky is also a hub for business professionals who have contributed to the economic success of Lexington neighborhoods like Lakeview Acres. Palatial properties contribute to a higher-than-average median home value of $387,072 in the 40513 zip code.
Louisiana:- New Orleans (70115)
New Orleans is a cultural mecca in the south, and the cost of owning a home in some of its affluent neighborhoods reflects its iconic status. The median real estate price in the Freret Street / Nashville Avenue neighborhood is $966,791—a whopping 99.6% increase compared to other neighborhoods in Louisiana and 95.7% above the neighborhoods in the U.S.
Maine: Kennebunkport (04046)
This seaside town is a favorite for many, including the Bush family who own the Walkers Point estate. While Kennebunkport attracts hoards of tourists year-round who love to visit the historic mansions and festivals, purchasing permanent lodging doesn’t come cheap. The average home value is $460,598, but it’s not unusual to find houses on the market in the millions.
Maryland: Bethesda (20816)
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Although the housing supply in the Battery Park / Bradley Hills neighborhood is currently scarce, hawk-eyed home buyers can still scoop up properties if they have a spare $1,016,805, the median home value. Lavish lifestyles are not uncommon in this neighborhood or any other in Bethesda, which claims senators, congressmen, and ambassadors as residents.
Massachusetts: Weston (02493)
Wikimedia Commons via John Phelan
Boasting a median home price of $1,505,365 and a median household income of $181,667, Weston consistently ranks among the most affluent neighborhoods in the country. Even so, Weston retains its small-town charms with a tight-knit community of 12,134 residents who dwell alongside one another in older homes.
Michigan: Bloomfield Hills (48302)
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Luxury leisures abound at the tranquil lakes and activity-packed country clubs of Bloomfield Hills, but nowhere more so than in the City Center / Cranbook Academy of Art neighborhood located near Bloomfield Hills, which has a higher income than 95% of neighborhoods countrywide. The 48302 zip code that hosts the neighborhood has a median home value of $$531,762. The town is also notable for being the location of a few houses designed by mid-century American architect Hugh T. Keyes.
Minnesota: Edina (55424)
This suburb in southeast Minnesota has been featured in movies like “The Mighty Ducks” and “A Serious Man,” but its real star power is the enduring prosperity of its neighborhoods. The 55424 zip code, including the West 50th Street / Arden Avenue neighborhood, has a median home value of $836,952.
Mississippi: Madison (39110)
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While Mississippi is one of the most budget-friendly states in the country, James Madison’s namesake city contains the most expensive zip code in the state. The 39110 zip code spanning the Annandale/Mannsdale neighborhood of Madison has a median home value at $275,913.
Missouri: Ladue (63124)
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Home to private schools, chief executive officers, and professional athletes, the 8,635-person town of Ladue is among the most affluent suburbs in Missouri. The town has a sky-high median home value of $911,226. Its close proximity to St. Louis also puts residents within 15 miles of world-class sports and performing arts venues.
Montana: Billings (59106)
Don’t let the median real estate price in this affluent neighborhood fool you. Although the cost of accommodations in Billings is