The Richest Black Neighborhoods in America!
The wealthiest Black neighborhoods in America are characterized by high homeownership, high educational attainment, and significant median household incomes, with top locations. These areas, often referred to as “Black Beverly Hills,” feature multi-million-dollar homes and are largely concentrated in suburban areas near Washington D.C., Los Angeles, Atlanta, and New York.
- Top High-Income Areas:
- Bowie, Maryland: Often cited as the pinnacle of Black affluence with a 88% Black population, 60% with degrees, and average income over $174,000.
- Prince George’s County, MD: Known for having some of the wealthiest majority-Black census tracts in the country, including Mitchellville, Woodmore, and Kettering.
- “Black Beverly Hills” (Los Angeles, CA): Baldwin Hills, View Park, and Ladera Heights are historically affluent, high-value, predominantly Black neighborhoods.
- Atlanta Metro Area, GA: Buckhead and surrounding suburban areas have a high concentration of affluent African Americans, with the city boasting a high number of Black millionaires.
- Other Notable Affluent Neighborhoods:
- Olympia Fields, Illinois: A suburban Chicago community with high household incomes.
- Wheatley Heights/Hillcrest, New York: Upper-income areas within New York.
- Southfield, Michigan: Ranked as a top city for financial growth, especially for Black women.
- Key Characteristics:
- High Property Values: In places like View Park, home prices can exceed $1.5 million.
- Education & Occupation: Many residents are professionals in medicine, law, entertainment, and tech.
- Regional Concentration: While these neighborhoods exist nationwide, the highest concentrations of Black, high-income areas are in the South and Northeast, particularly in the Washington, D.C. suburbs.
These neighborhoods are marked by a strong sense of community, low crime rates, and proximity to major metropolitan job centers.
10) Cedar Hill, Texas
More than 50% of the resident population in Cedar Hill is Black, with another 25% being Hispanic. This diverse city has a median household income of $85,837 according to BestNeighboorhood.org. The small city has doubled its number of residents over the decades, too.
9) Randallstown, Maryland
Located in Baltimore County, Randallstown offers a more bustling suburban feel than some of the Maryland neighborhoods on this list. The average household income is $100,000, and it has a large amount of Black residents, making up almost 90% of the population.
8) Stone Mountain, Georgia
As a suburb of Atlanta, Georgia, Stone Mountain has a population of less than 7,000 residents. Yet, more than half of the residents identify as middle-class. Additionally, 10% of its residents consider themselves upper-class.
7) Florissant, Missouri
The Midwest may not have many prominent Black neighborhoods, but this one is one to bookmark if you’re looking to move that way. The city has an average household income of approximately $107,000 and has a high number of Black homeowners, despite the fact that Black people only make up 62% of the population.
6) Bloomfield, Connecticut
This town in Connecticut is a hub for Black homeowners. While only 58% of the population is comprised of Black people, 70% own their homes making it a great place to settle down.
5) Cambria Heights, New York
Located in the western part of New York state, Cambria’s population is 58% Black with an impressive 92% of them being homeowners. The neighborhood is also affordable for New York’s standards with an average household income of $110,000.
4) Olympia Falls, Illinois
This neighborhood is more than 70% Black and has an average income of $133,000, that’s on par with popular East Coast states like Maryland and New York. Even more impressive is the fact that all of the Black population are homeowners, and most are college-educated.
3) Washington D.C.
Washington, D.C., has always been a popular place for young Black millennials and families to settle down. The district boasts a diverse population, with over 68% Black and almost all of them owning a home. It isn’t the most affordable place to live and can be hard to find a spot, as the average income is over $150,000.
2) Baldwin Hills, California
Nicknamed “The Black Beverly Hills,” Baldwin Hills has been a safe haven for Black families since the 1960s. Black people make up more than 71% of the area. This area has been home to a number of Black politicians, doctors, and celebrities, such as legends like Ray Charles and Tina Turner.
1) Bowie, Maryland
Maryland has some of the wealthiest neighborhoods for Black people in America. While Charles County and Potomac are popular, Bowie is the number one location for elite Black residency. 88% of the population is Black, with 60% college graduates and 85% homeowners. The statistics should come as no surprise, given the amount of HBCUs surrounding the area and the neighborhood’s close proximity to Washington, D.C.
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