Jan
22

Second-Richest U.S. Neighborhood Right Outside Chicago

January 22, 2011

A Chicago suburb is is not only the wealthiest neighborhood in Illinois but in the entire Midwest.

Forbes.com has released its list of America’s Most Affluent Neighborhoods, which ranks the Village of Kenilworth, Illinois, as No. 2 in the country.

a huge kenilworth home.

There is no shortage of huge homes in Kenilworth.

To determine America’s most exclusive neighborhoods, Forbes.com considered average median household income estimates provided by the U.S. Census from 2005 to 2009 in communities with populations less than 64,999.

Forbes.com described Kenilworth as “a Chicago suburb that ranks as the most exclusive neighborhood in the Midwest, with estimated median household income of $247,000. Even after the housing slump the average house in Kenilworth sells for about $1 million.”

According to Zillow, the average home in Kenilworth sells for just under $988,000, even in this tough market.

America’s Most Affluent Neighborhoods and their average median incomes, according to Forbes:

1. Westlake, Texas: $250,000

2. Kenilworth, Illinois: $247,000

3. Mission Hills, Kansas: $243,000

3. (tie) Popponesset Island, Massachusetts: $243,000

5. Village of Plandome, New York: $242,000

6. Hewlett Neck, New York: $239,000

7. Munsey Park, New York: $237,000

8. Plandome Manor, New York: $234,000

9. North Beach, Florida: $233,000

9. (tie) Chevy Chase Section Five, Maryland: $233,000

So? Besides a slightly higher average median income, what does top-ranked Westlake have over Kenilworth?

Apparently, it’s home to the Jonas Brothers.

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Tracey

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