What Are The 10 Richest Neighborhoods In Atlanta?

Ossiana Tepfenhart
by Ossiana Tepfenhart

Atlanta is a real peach of a city, but you don’t have to take my word for it. If you want to get a good look at what the rich life in the ATL is like, you can watch The Real Housewives of Atlanta. Or something. People who want to enjoy the finer things in life are now turning their attention to this Southern city. Ever wonder where they’re settling down?

The wealthiest suburbs of Atlanta are truly impressive. These include:

  • Buckhead
  • Virginia Highland
  • Morningside-Lenox Park
  • Druid Hills
  • Decatur
  • Midtown
  • Ormewood Park
  • Candler Park
  • Morningside
  • Inman Park

Moving to Atlanta means that you have your pick of a wide range of neighborhoods. If you are bougie and looking for a new place to live, these neighborhoods are the best.

Does It Make Sense To Move To The Richest Neighborhoods In Atlanta?

Atlanta is a city where you really, truly get what you pay for. As one of the most increasingly demanded cities on the East Coast, Atlanta’s neighborhoods are starting to become serious investment pieces. Having a home in one of the richest neighborhoods means that you can expect your property value to increase.

Of course, living in a nice neighborhood has its own perks, too.

Most of the neighborhoods that we listed below have unusually low crime rates, excellent schools, as well as top-rated restaurants nearby. The bigger draw, of course, is the people who you are going to be around. Atlanta is a very networking-heavy city. By choosing the right neighborhood, you place yourself next to other movers and shakers.

How Much Does It Cost To Own A Home In The Richest Parts Of Atlanta?

Honestly, it can depend from place to place. Every single neighborhood that made our list has a median home price of over $400,000. Some have it as high as a million. A good rule of thumb is that you should expect to pay at least $350,000 if you want to own a home in any of these luxury neighborhoods.

Obviously, most of the homes in this area are going to cost far more than that. But, if you want to just squeak into the neighborhood’s price range, having a bare minimum of $350,000 is what you’re going to need to do that. With that said, the more money you have in your budget, the better off you’re going to be. It’s a tough buyer’s market, that’s for sure.

The Richest Neighborhoods In Atlanta

Atlanta is an amazing place for people who want to kick back and live it up. The folks who live in these neighborhoods are well-aware…

10. Inman Park

Inman Park is what most people would agree to be an upper-middle class neighborhood. As the only neighborhood on our list that didn’t crack a median household income of six figures, it’s unique in terms of the situations people here have. The median home price here is $520,000, so the wealth that people have here tends to be based in savings or assets rather than salaries.

If you are looking for a stepping stone to the upper class, this is a great neighborhood to do it.

Median Household Income: $98,403

9. Ormewood Park

Also known as East Atlanta, Ormewood Park is one of the many communities that is seeing a major resurgence. While it was never a bad neighborhood by any means of the word, it did have a pretty impressive clime from upper middle class to the upper crust. This neighborhood is friendly, and slightly more down-to-earth than most others.

The Beltline’s development hasn’t affected this area too badly so far, so if you want to have a home in a good neighborhood, now would be the time to act.

Median Household Income: $122,866

8. Decatur

If you tell anyone you live in Decatur, they’ll be impressed. This upscale neighborhood ranks second in income, and is one of the safest in Atlanta. It’s quickly becoming the favorite of the young and wealthy, thanks to the upscale retail venues, excellent amenities, and top-tier restaurants.

Living here means you’ll see a lot of “old money” family interspersed with new money. It’s interesting, to say the least.

Median Household Income: $106,088 to $175,000 depending on statistic

7. Candler Park

Highly educated and noted for being close to the local police departments, Candler Park is a good place for young professionals who want quick access to the faster-paced parts of Atlanta. While the area does have a somewhat busy portion, it’s still quiet enough to be good for raising a family.

Most people would agree that you did well for yourself if you live in Candler Park.

Median Household Income: $110,510

6. Virginia Highland

This gorgeous area brings a more diverse cut of the ATL to the upscale neighborhood world. While many people tend to fall in love with the Highland’s eateries, there’s a lot more about this area than just good food. Virginia Highland is famous for having a very accepting community with strong bonds between neighbors.

If you love the idea of having friendly neighbors who aren’t too cliquish, then you’re going to find Virginia Highland to be an excellent choice.

Median Household Income $105,600 to $122,750 depending on the source

5. Morningside-Lenox Park

I’ll be blunt. This is not a cheap place to live, and it never will be. The Morningside-Lenox Park area is dotted with old school mansions as well as new-school facilities. People here are highly discerning of everything from the clothes you wear to the car you drive. The average home here clocks in at half a million, so it’s pretty hard to afford stuff here.

If you’re a fan of finding homes in a wide range of different styles, you’ll want to live in Morningside. It’s that kind of a rich neighborhood.

Median Household Income: $110,670

4. Druid Hills

This neighborhood of Atlanta was designed by Frederick Law Olmstead—the very same man who designed Central Park. As you can imagine, this is a good indicator of the type of person who tends to come here. A place noted for old money, Druid Hills is the type of place you go where you want to hobnob with the nabobs of society.

The average price of a home here is above that half-million mark. Expect to see a lot of business executives in and around the area.

Median Household Income: $129,740

3. Morningside

Morningside is one of those areas where people drive past, looking at the mansions hoping that they can get one of them in their lifetimes. Saying that you live in this area is a major bragging right, especially when you take a look at how much people earn here. It’s a favorite among up-and-comers, primarily because it’s a hotspot for festivals, fine dining, and shopping.

Median Household Income: $146,682

2. Midtown

It seems like almost any place that is called “Midtown” is going to be pricey. It’s true in New York City, and now it’s true in Atlanta as well. This extremely urban area is great for young professionals as well as older execs who want to be close to the office. Since it is the heart of the city, the drive for skyscraper homes is fairly real.

Believe it or not, the prices for a luxury home here have a median range of over $1 million.

Median Household Income: $141,428

1. Buckhead

Buckhead is the type of place where you can literally smell the money in the air. The neighborhood currently stands as the wealthiest (and therefore most exclusive) neighborhood in all of Atlanta. Honestly, it’s rightfully so. The homes in this area are palatial, and the people who live here are often famous nationwide. The incomes of the typical family here are almost double the typical earnings of most other households.

With that said, getting a home here can be pretty challenging. The market is very hot and you’ll usually need at least $600,000 to get a home here. Buckhead is also home of Tuxedo Park, which is the mini-neighborhood that house’s the Governor’s Mansion.

Median Household Income: $113,920 to $150,000 depending on section

Related Questions

What is the richest area of Atlanta?

The richest area of Atlanta is a neighborhood within a neighborhood. We’re talking, of course, about Tuxedo Park. This is the part of Atlanta that houses most of the “old rich” as well as what one might consider the Southern gentry. Houses in this area regularly tip the multi-million dollar line, which means that you will need to have a hefty bank account to move here.It’s worth noting that Tuxedo Park tends to be a rather exclusive area. If you move here, you might find yourself in need of the locals’ approval. It’s that kind of town.

How many billionaires live in Atlanta?

Atlanta is the only city in Georgia to have billionaires residing in its premises. Currently, the city houses a dozen billionaires as members of its community. The wealthiest man in Georgia is currently Jimmy Kennedy, whose valuation is an estimated $8.2 billion. As the city increases its wealth, it’s very likely that we will see more names call Atlanta home.With that said, billionaires who live in Atlanta don’t always live here full-time. Moreover, there are other cities that are more billionaire-friendly. So, if you wanted to live next to a billionaire 24/7, you might be better off at Billionaire’s Row in New York City.

What is the poorest town in Georgia?

Believe it or not, the poorest town in Georgia is just 1.5 hours away from Druid Hills (the luxury Atlanta suburb) by car. The town’s name is Royston, and it currently remains the lowest-income area of Georgia. The average household income of $31,543. This puts it as one of the poorest places in America by technicality.

Ossiana Tepfenhart
Ossiana Tepfenhart

Ossiana Tepfenhart is an expert writer, focusing on interior design and general home tips. Writing is her life, and it's what she does best. Her interests include art and real estate investments.

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