America’s youngest, richest suburbs revealed— and 5 are NYC commuter towns

Forget Silicon Valley — America’s young, wealthy professionals prefer the country’s northeastern neighborhoods, according to a new study.

GOBanking Rates It surveyed the wealthiest areas, which had the highest share of residents in their 30s and 40s. It turns out that 5 of the top 10 towns are New York City’s suburban hubs.

The company based its research on data on median age, household income and the value of owner-occupied housing units. Census Reporter.

Short Hills, New Jersey, was the only Garden State participant on the list.

The median age in the town of Tony is a relatively brisk 40.9, the median household income is $250,000, and the median home value is $1.6 million.

Located in Millburn in Essex County, Short Hills is just a 40-minute drive from the heart of midtown Manhattan and is a popular commuter suburb for financiers and other white-collar professionals with young families.

Meanwhile, four New York City neighborhoods were also included.

Munsey Park and Laurel Hollow, both on Long Island, and Scarsdale and Chappaqua in Westchester boast large numbers of young, high-money professionals.

Although Chappaqua is most associated with septuagenarian residents Bill and Hillary Clinton, the average age of residents there is only 45.8 years old.

According to GOBankingRates, the median household income is an impressive $220,139, while the median value of a home is $740,300.

Two Houston neighborhoods, Southside Place and West University Place, were on the list, as was Chicago suburb Winnetka.

Two California counties were also included in the top 10; but neither was located in Silicon Valley; This is certainly a blow to a tech industry full of wealthy young entrepreneurs.

Ladera Ranch in Orange County and Camino Tassajara in the San Francisco Bay Area were the two Golden State suburbs on the list, both home to large numbers of young, wealthy residents.