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I spent a morning in the richest town on the East Coast, a picturesque village 35 minutes north of NYC where the average household income is almost $420,000. Here's what it looks like.

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scarsdale ny

Scarsdale, New York, a town of about 18,000 people 35 minutes north of New York City, is the richest town on the East Coast and the second-richest in the US, according to Bloomberg's 2019 "Richest Places" report.

It's beat only by Atherton, California, a Silicon Valley town that tech billionaires including Google's Eric Schmidt and Facebook's Sheryl Sandberg have called home.

Read more:Inside the most expensive town in America, where tech moguls live in multimillion-dollar mansions and the average household income is over $450,000

Scarsdale's average household income jumped by $30,000 in the past year, to $417,335, according to Bloomberg.

The affluent community, which is both a town and a village, is in New York's Westchester County, an area that consistently sees various towns ranked among the country's most affluent.

Anne Moretti, a real-estate broker at Julia B. Fee Sotheby's International Realty, told me Scarsdale lures many buyers from Manhattan.

"Scarsdale's consistently high-ranking school district plus the easy 35-minute commute to Grand Central makes it a great place to live," she said.

In 2018, the average home price in Scarsdale was $1.8 million, Moretti said. And so far in 2019, the housing market has been "very active," she said, despite high inventory levels of homes priced above $3 million.

"There have been bidding wars on homes in the $1 million-to-$1.5 million range," Moretti said.

Scarsdale is known for its top-rated public schools, with Scarsdale High School ranked among the 100 best in New York in 2018.

Residents of Scarsdale tend to be "leaders in their respective fields of medicine, journalism, finance, literature, law, and technology," Moretti said.

I spent a few hours walking around Scarsdale and getting a peek at some of its stately homes. Here's what it looks like.

SEE ALSO: I spent a day in one of America's richest cities, a town an hour from New York City where hedge fund managers live in multimillion-dollar homes. It was immediately clear why it's a haven for Wall Street types.

DON'T MISS: A millionaire couple is tearing through an NYC street to build a $100 million mansion with a 60-foot pool, and neighbors are resorting to wearing $400 headphones and tranquilizing their pets to deal with the noise

From my apartment in Brooklyn, I headed to Grand Central Terminal to catch the Metro North up to Scarsdale.

I was on an express train, so the journey took about 35 minutes.



I stepped out of the train station in Scarsdale to a bright and sunny spring morning.

I immediately noticed that it was very quiet and clean, which is pretty much my first thought whenever I go anywhere outside New York City.



The charming little train station put me right in the center of town. Scarsdale, which is officially both a town and a village, has a population of about 18,000. It was recently ranked the richest town on the East Coast — and the second-richest in the US — by Bloomberg.

Scarsdale's average household income is $417,335, a $30,000 jump from the year before.



See the rest of the story at Business Insider

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