Long Island is a densely populated island in southeastern New York State. It is popular for its beautiful beaches, vineyards, and rich history. Surprisingly, this island served as an inspiration behind Scott Fitzgerald’s The Great Gatsby and AMC’s Turn. Besides, there are the richest neighbourhoods on Long Island that are full of lovely and high-priced mansions, apartments, and condominiums. Let’s check them out in the blog.
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Richest Neighbourhoods on Long Island
Counted among the richest neighbourhoods in the world, the richest neighbourhoods on Long Island have amazing homes and high-end attractions. Long Island is a city by the waters close to beaches. One is sure to experience a vibrant nightlife, lively events, restaurants, art galleries, museums, attractive outdoor activities, and themed cafes in NY. Let’s explore some of the ideal neighbourhoods on Long Island that boast of luxury and wealth.
Amagansett
Amagansett is one of the richest neighbourhoods in Suffolk County of East Hampton. High-profile celebrities and businessmen prefer this location for a summer retreat. With a population of not more than 1000, the neighbourhood is known for its unspoilt ocean and bay beaches and historic heritage.
The average house value exceeds a staggering USD 8 million. Beyond expensive tremendous estates, one can explore art galleries, boutiques, and trendy restaurants, including some of the best vegan restaurants in New York.
| Pin Code | 11930 |
| Popular Attractions | East Hampton Main Beach, Amagansett Farmer’s Market, Monks Pond, etc. |
Also Read: Check out the top 6 richest neighbourhoods in Toronto which are home to many affluent personalities and full of luxurious mansions.
Manhasset
Manhasset is also known as ‘The Gold Coast of Long Island’. Being one of the richest neighbourhoods on Long Island, Manhasset offers a sophisticated lifestyle with upscale shops, Michelin-stared restaurants, and prestigious private schools. This simple New York city guide can help you explore in and around the neighbourhood.
Located in Nassau County, the population of this affluent neighbourhood doesn’t exceed 8,000. The average value of the house surpassed USD 3.2 million, housing high-profile corporate executives and financiers.
| Pin Code | 11030 |
| Popular Attractions | The Nassau County Museum of Art, Clark Botanic Garden, Plandome Neck, etc. |
Old Westbury
Old Westbury is a village in Oyster Bay, Nassau Country which boasts magnificent houses, making it one of the richest neighbourhoods on Long Island. It is known for sprawling estates housing prestigious residents.
The median household income of people here is USD 250,000 and the average house value exceeds USD 4.5 million. Old Westbury is renowned for offering a glimpse into the bygone era with its historic mansions like ‘Westbury House’ and picturesque gardens, just like some of the richest neighbourhoods in London.
| Pin Code | 11568 |
| Popular Attractions | Old Westbury Gardens, Planting Fields Arboretum, Sagamore Hill National Historic Site, etc. |
Brookville
Brookville too makes a spot on the list of richest neighbourhoods on Long Island. It is located in Nassau County, which is known for its scattered estates, private golf courses, and world-class horse-riding facilities. Brookville offers a secluded and serene environment to its residents.
The average house value in Brookville surpasses an astounding USD 7 million. The population of the neighbourhood is no more than 3000 people.
| Pin Code | 11545, 11548 |
| Popular Attractions | The Muttontown Club, Planting Fields Arboretum, Sagamore Hill National Historic Site, etc. |
Also Read: Need help finding a place to stay while studying abroad? Check out our blog – How to Find Student Accommodation For Studying Abroad?
Muttontown
Though Muttontown is a secluded village, it has luxurious real estates and horse farms. This richest neighbourhood on Long Island has a population of 4,000 people. If you are into horse riding, Muttontown in Nassau County offers a charming atmosphere to fulfil equestrian pursuits.
The average house value in Muttontown exceeds a remarkable USD 6.5 million. Exclusive houses, mansions, villas, and penthouses are extremely expensive and offer great features.
| Pin Code | 11545, 11732, 11753, 11771, 11791 |
| Popular Attractions | The Muttontown Club, Muttonhouse Preserve, Raynham Mall Museum, etc. |
Richest Part of Long Island
Here’s list of the top 8 richest parts of Long Island along with median of house price in the area:
| Neighborhood | County | Highlights | Median Home Price |
|---|---|---|---|
| Sands Point | Nassau | Waterfront estates, private beach access, scenic Long Island Sound views. | $2 million+ |
| Old Westbury | Nassau | Historic mansions, private golf clubs, equestrian estates. | $1.5 million+ |
| Lloyd Harbor | Suffolk | Coastal views, large estates, serene environment with green spaces. | $1.2 million+ |
| Brookville | Nassau | Expansive estates, wooded areas, high-profile residents. | $1.8 million+ |
| Muttontown | Nassau | Historic and modern mansions, Muttontown Preserve, secluded. | $1.5 million+ |
| Hamptons | Suffolk | Luxurious beachfront homes, celebrity-owned properties, exclusive social scenes (Southampton, East Hampton, Bridgehampton). | $2.5 million+ (varies by area) |
| Mill Neck | Nassau | Serene ambiance, waterfront homes, upscale village vibe. | $1.3 million+ |
| North Hills | Nassau | Gated communities, luxury townhomes, close to NYC. | $1.4 million+ |
What Defines a Wealthy Neighborhood on Long Island?
A wealthy neighborhood on Long Island typically features high property values, large estates, low population density, and access to exclusive amenities like private clubs and beaches. These neighborhoods are often home to successful business people, celebrities, and professionals looking for privacy and a high quality of life close to New York City. These areas are known for their luxury properties, scenic views, and exclusive communities, making them some of the wealthiest areas on Long Island.
How far are Long Island’s Richest Neighborhoods from New York City?
Most of Long Island’s wealthy neighborhoods are located within 30 to 45 minutes by car or train from New York City, especially those in Nassau County. This makes it convenient for commuting professionals and offers easy access to the city’s cultural, dining, and entertainment options.
| Neighborhood | Distance to NYC (approx.) |
|---|---|
| Sands Point | 40 minutes |
| Old Westbury | 35 minutes |
| Lloyd Harbor | 45 minutes |
| Brookville | 35 minutes |
| Muttontown | 40 minutes |
FAQs
Based on different factors like prestige, the concentration of wealth, exclusivity, and average home value, some of the richest neighbourhoods on Long Island are Anagansett, Manhasett, Old Westbury, Brookville, Muttontown, etc.
Based on average house prices, Muttontown takes the crown of the wealthiest part of Long Island, NY. The average house value in Muttontown exceeds a remarkable USD 6.5 million. However, conjuring the concentration of wealth, Sagaponack packs a punch with a high percentage of ultra-wealthy residents.
Long Island City is one of the richest areas on Long Island. It has amazing homes that are ultra-luxurious. The average house value in some of the richest neighbourhoods on Long Island exceeds USD 7 million. It has more than 10 billionaires with an estimated net worth of more than USD 28 billion.
James Simons, the founder of Renaissance Technologies is the richest person on Long Island, NY. His estimated net worth was more than USD 28 billion, ranking him #48 in the world at the time.
Various factors make Long Island an expensive place to live. The high cost of living from limited land, high property taxes, and its proximity to NYC create an expensive housing market and inflated everyday expenses.
Yes, several wealthy neighborhoods on Long Island, especially those along the North Shore like Sands Point and Lloyd Harbor, have private or semi-private beach access. Some homes come with private beach rights, allowing residents exclusive access to the shore.
Residents in these affluent neighborhoods can expect a luxurious lifestyle with amenities such as:
Private beaches and marinas
Country clubs and golf courses
Equestrian facilities for horse riding
Fine dining and boutique shopping
Exclusive social events and community gatherings
Hope you liked reading our blog about the richest neighbourhoods on Long Island, New York State. Embark on your study abroad journey with comfort and convenience. Reach out to Fly Homes now at 1800572118 to secure the finest accommodation abroad.
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You don’t know Long Island. No one who lives here ever says “in” Long Island. It’s “on” Long Island.
Hi Bill. Looks like we got that wrong!
Thank you for your suggestions. We have made the changes based on your suggestions.