America is home to some of the richest people in the world, but where do most of of them live?

According to a recent report by Fortune Magazine, Elon Musk is on pace to become the world's first trillionaire by 2027.

It's possible that his modest hometown of Boca Chica, Texas, could be designated a "wealthy" city based off his tax bracket alone in the next few years.

New York is also home to some incredibly wealthy individuals, starting off with Michael Bloomberg's lofty $106.2 billion fortune. Style says the state's second-wealthiest individual is Julia Koch, who has a net worth of $65.7 billion.

2011 School Of American Ballet Workshop Performance Benefit
Getty Images
loading...

While it is true a majority of the state's millionaires and billionaires tend to live around New York City, a report of the 7 "wealthiest cities" in the country didn't include the Big Apple.

Instead, a tiny New York village made the StudyFinds roundup and even snagged a spot in the top 3.

That village was Scarsdale; only bested by Atherton, CA, and McLean, VA, which respectively placed at #1 and #2.

Alex Potemkin from Getty Images Signature
Alex Potemkin from Getty Images Signature
loading...

The average household income in Scarsdale is well over $300,000, per the report. However, a recent Bloomberg report found that the average household income is around $417,000 - making it one of the most affluent places in the country.

Read More: America's Top 2 Wealthiest Suburbs Are in New York

About 18,000 people call Scarsdale their home and the municipality consistently ranks as one of the most desirable places to live in New York, regardless of wealth.

Its school system also ranks among the state's best. Meanwhile the village gets high marks for serenity thanks to its abundant woods, nature preserves, and parks.

The outlet added the picturesque village is on the outskirts of NYC, roughly 35 minutes away, making it "ideal for young professionals with families."

Basically, this place allows the wealthy to have their cake and eat it, too.

Paulie Strong Foundation Fundraiser
Eugene Gologursky/Getty Images for Paulie Strong Foundation
loading...

That all being said, here's the top 7 wealthiest cities and towns in America:

1. Atherton, California
2. McLean, Virginia
3. Scarsdale, New York
4. Los Altos Hills, California
5. Darien, Connecticut
6. Winnetka, Illinois
7. Lexington and Newton Massachusetts

For those curious to find out the list of New York's wealthiest families, keep reading.

The 6 Wealthiest Families in New York

Forbes came out with its annual list of America's 44 Richest Families and six of them call New York State their home.

Gallery Credit: Megan

New York's Best Universities of 2025

U.S. News & World updated its annual list of the best national universities. While New York again missed out on landing a school in the top 10, here's how some of the state's best colleges ranked in the latest roundup.

Gallery Credit: U.S. News & World

The 10 Most Stolen Vehicles in New York for 2024

The National Insurance Crime Bureau recently ranked the states with the worst vehicle theft problems and said New York placed seventh highest overall. Vehicle thefts hit a record high in 2023 and the pace isn't slowing down in 2024.

According to the NICB, these are the vehicles thieves in New York are going after the most.

Gallery Credit: Megan