Rye Ranks No.10 In CNNMoney List Of Top Earning Towns

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Rye Town Park
Rye Town Park Photo Credit: David Donnelly

RYE, N.Y. — Rye was ranked No. 10 on a list of the nation's 25 Top Earning Towns, a recent CNNMoney report showed.

“People who live in Rye can enjoy the city's waterfront in a variety of ways – on a boat, in a downtown restaurant with great oysters and a view, or from one of the area's public beaches or private beach clubs,” the report said.

With a population of 15,870, CNNMoney says the average family income for Rye residents is $221,457 and the average home price is $1,237,500.

“Residents may work in Stamford, about 20 minutes by train, or in New York City about 40 minutes away," the report said. “But they all come home to the small-town feel of Rye, where kids paint store windows for Halloween, and adults work off the winter in the Rye Derby 5-mile, 5K, or 1-mile fun run in April.

“The schools, like many in the area, are top-rate. The local high school is ranked 11th in the state and is one of the top 100 in the country, which can make Rye's high price of housing worth it.”

Scarsdale was the only other town in Westchester to make the list – doing so at No. 1 in the nation.  Scardale has a population of 17,336, an average family income of $291,542 and an average home price of $1,205,000.  In nearby Fairfield County, Conn., Weston and New Canaan also made the top of the list.

CNNMoney’s list of the 25 Top Earning U.S. towns were:

  1. Scarsdale, New York
  2. Weston, Connecticut
  3. Hillsborough, California
  4. Potomac, Maryland
  5. New Canaan, Connecticut
  6. Winnetka, Illinois
  7. Orinda, California
  8. West University Park, Texas
  9. Hinsdale, Illinois
  10. Rye, New York
  11. Wellesley, Massachusetts
  12. Ridgewood, New Jersey
  13. Bellaire, Texas
  14. Colts Neck, New Jersey
  15. Weston, Massachusetts
  16. Town and Country, Missouri
  17. Castle Pines, Colorado
  18. Falls Church, Virginia
  19. Mountain Brook, Alabama
  20. Powell, Ohio
  21. Mercer Island, Washington
  22. Olney, Maryland
  23. Sammamish, Washington
  24. Vienna, Virginia
  25. Leawood, Kansas

To read the full list, click here.

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An interesting note when "Rye" comes into the formula. How wonderful for me to be surrounded by such wealth. The discussion of towns and then the "Rye" word comes into play. I think of the 10 cent millionaires, who bought homes in the unincorporated area back in the 60's, thinking that they were purchasing a home in "Rye City". Heavens to Betsy, the "folks" were told that Port Chester is their mailing address. So, Rye Brook came into existence, although it took some 20 years to do so. Why Rye Brook? Why not Blind Brook NY, or Rock Ridge NY, or South Ridge NY? They had to get that "Rye" name in there. So, maybe even now, the 10 cent millionaires of Rye Brook can say, "You see, Rye is a great place to live in." It sure is. So is Purchase, Greenwich, Harrison, Mamaroneck. Rye Brook, definitely not a "Rye."