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Palm Beach and Pinecrest land on America’s 50 wealthiest suburbs list

by Jacqui Mueller

Two Miami suburbs have secured spots on a new list of the 50 wealthiest in the United States, highlighting the region’s enduring affluence and desirability. 

According to a recent report by GoBankingRates, Palm Beach and Pinecrest ranked among the nation’s top suburbs based on median household income, home values and other economic indicators. 

GoBankingRates looked at cities with 5,000 or more households and narrowed it down to the 50 cities with the highest average household income. The typical home value in 2024 and metro area location were gathered to create the rankings. 

Palm Beach ranked No. 11 

The average household income is $365,991, with a typical home value of $11,571,608. 

Pinecrest ranked No. 20 

The average household income is $304,416, with a typical home value of $2,243,489. 

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