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OtherOct 19, 2014
What are the priciest places to live in the US?
Wealth in this country remains concentrated on the coasts, the Forbes 2014 list of America’s most expensive ZIP codes shows.
New York--While a number of ZIP codes in the Big Apple rank among the most expensive, the Bay Area town of Atherton takes the cake as the priciest in the country, according to Forbes 2014 list of America’s most expensive ZIP Codes.
Six New York City ZIP codes rank in the top 10 on the list, but all are less expensive than Atherton and Sagaponack, N.Y., a village in the Hamptons.
A Colorado town and a city in New Jersey also made their way into the top 10, the only cities that aren’t in New York or California to do so.
According to Forbes, the top 10 most expensive ZIP codes in the country are as follows.
1. 94027, Atherton, Calif., which sits between Palo Alto and Redwood City
2. 11962, Sagaponack, a village in Long Island’s Southampton
3. 10013 in New York, where the median home price is $6 million
4. 10065, New York City’s Upper East Side neighborhood from Central Park East (also Fifth Avenue) to the East River, and E. 60th to 69th streets
5. 10075, another ZIP code in New York City’s Upper East Side, this one stretching from E. 76th to 80th Street
6. 07620, Alpine, N.J., where the median price for a home is $5.7 million
7. 81656, Colorado’s Woody Creek (Aspen), located west of Denver
8. 10011 in New York City, where the median home price is $4.9 million
9. 10014, New York City’s West Village neighborhood
10. 10012, another New York City neighborhood on the west side around Houston Street
Forbes compiled the list with the Mountain View, Calif.-based Altos Research, a company that tracks housing data.
Places like Atherton and other surrounding Silicon Valley cities and towns are attracting a lot of young executives, Forbes writer Erin Carlyle said, due to both the area’s technology startups and big, established companies like Facebook, Apple and Google.
With New York ZIP codes, “Central Park is the key to value on the Upper East Side,” real estate agent Paula Del Nunzio told Forbes, but neighborhoods in Lower Manhattan also are among the most expensive.
Woody Creek is an affluent enclave near Aspen that once was the home of journalist and author Hunter S. Thompson as well as 60 Minutes host Ed Bradley and actor Don Johnson.
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