The Top 10 Richest Suburbs of Chicago

LuxuryJuly 24, 2024

Living in the bustling city of Chicago has its perks—excellent restaurants, a vibrant festival scene, and endless activities. But just a short drive away, you’ll find some of the richest suburbs of Chicago, each offering a unique blend of luxury, tranquility, and exclusivity. This article will explore the top wealthiest suburbs in Chicago, where affluence meets suburban charm.

The Top 10 Richest Suburbs of Chicago

1. Hinsdale

Hinsdale is the wealthiest suburb in Illinois. With an average household income of $380,479, this village exudes opulence. The typical home value stands at an impressive $1,088,871. Known for its picturesque streets and historic architecture, Hinsdale offers a serene environment, top-notch schools, and an active community life, making it a haven for affluent families.

@jdonatelli8 | Instagram | Hinsdale is the wealthiest suburb in Illinois.

2. Lake Forest

Next on the list is Lake Forest, where the average household income is $284,784, and homes are typically valued at $1,097,029. This suburb boasts lush landscapes, private beaches, and a historic downtown area. Lake Forest’s blend of natural beauty and architectural splendor makes it a prime location for those seeking luxury and tranquility.

3. Wilmette

Wilmette, with an average household income of $273,718 and home values around $896,128, is another affluent suburb near Chicago. Wilmette is situated along Lake Michigan and offers stunning lakefront views, excellent schools, and a vibrant community atmosphere. The combination of coastal charm and suburban luxury makes Wilmette a highly desirable place to live.

4. Glencoe

Glencoe, known for its scenic beauty and cultural attractions, has an average household income of $248,851 and luxurious homes typically valued at $1,025,506. The village is home to the Chicago Botanic Garden and offers a variety of recreational activities. Glencoe’s elegant homes and tree-lined streets create a picturesque setting for its wealthy residents.

5. Highland Park

Highland Park is a cultural gem featuring the Ravinia Festival, the oldest outdoor music festival in the United States. The suburb’s affluence is evident, with an average household income of $204,647 and home values around $701,413. Highland Park combines cultural richness with suburban comfort, attracting affluent families and individuals.

Patch | Highland Park combines cultural richness with suburban comfort, attracting affluent families and individuals.

6. Winnetka,

Winnetka is renowned for its historic homes and prestigious schools. With an average household income of $311,902 and typical home values at $1,504,038, this suburb reflects its status as one of Chicago’s wealthiest. Winnetka’s community-oriented atmosphere and beautiful landscapes make it a sought-after location for the affluent.

7. Kenilworth

Kenilworth, one of the smallest yet wealthiest suburbs, offers exclusive living with an average household income of $344,470 and homes typically valued at $1,495,722. Its private beaches and tranquil environment provide a secluded retreat for its residents. Kenilworth’s charm lies in its exclusivity and peaceful ambiance.

8. Oak Brook

Oak Brook is a corporate and retail hub, with an average household income of $222,553 and home values around $842,600. The suburb’s modern amenities, upscale shopping centers, and corporate headquarters make it a magnet for affluent professionals. Oak Brook’s blend of business and luxury living attracts a diverse and wealthy population.

9. Barrington Hills

Barrington Hills is an equestrian paradise known for its sprawling estates and horse farms. The suburb’s affluence is reflected in its average household income of $165,832 and expansive properties valued at $830,237. Barrington Hills offers a unique blend of rural charm and suburban luxury, appealing to those seeking a serene and affluent lifestyle.

10. Naperville

Naperville combines affluence with family-friendly amenities, boasting an average household income of $142,464 and home values of around $498,448. The suburb’s top-rated schools, vibrant downtown area, and numerous parks make it an ideal location for affluent families. Naperville’s welcoming community and suburban comforts make it a standout among Chicago’s wealthy suburbs.

These suburbs represent the pinnacle of wealth and luxury in the Chicago area, each offering unique features and lifestyles. From the historic grandeur of Winnetka to the coastal charm of Wilmette, these affluent communities provide the perfect blend of tranquility, exclusivity, and suburban living.