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Thursday, November 21, 2024
CEOWORLD magazine - Latest - Special Reports - The Best Cities for Luxury Homes and Mansions in America

Special Reports

The Best Cities for Luxury Homes and Mansions in America

Luxury Mansions

As the world’s richest country, the United States is also home to many mega-homes. Ultra-high-net-worth and high-net-worth owners of these sprawling mansions are from the finance, technology, sports, and entertainment industries. 12.1 percent of the mansions in the whole of the United States have nine or more rooms. Moreover, the median room count is 5.5. The world’s largest economy has 4.7 percent of its largest homes having five or more bedrooms. Meanwhile, 1.1 percent of mega-homes in the United States are worth US$2 million or greater.

Researchers detailed the areas in the country with the most mansions in this latest article by CEOWorld Magazine. When compared to the entire United States, readers will find the mega-homes descriptors towering over the abovementioned figures describing the country’s mansion landscape. In terms of the methodology used in writing this article, CEOWorld Magazine’s researchers reviewed housing information from the United States Census Bureau’s 2021 American Community Survey 5-Year Estimates. They initially identified the cities, towns, and unincorporated sites with at least 1,000 residents.

CEOWorld Magazine’s researchers also looked at the very affluent places where at least half of the owner-occupied mega-homes have an approximated price of over US$2 million. This value is the maximum cost the Census Bureau gauged. Then, CEOWorld Magazine’s researchers utilized the Census Bureau information to list the 35 very rich locations where the biggest share of owner-occupied houses has nine or more rooms, which is the maximum number the census tracked.

The median yearly household salary of the residents in these mega-homes is estimated to be US$250,000 or more, which is greater than the United States’ figure, which is US$69,021.

Here are the places in the United States with the most mega-homes, arranged from the greatest to the least number of mansions:

  1. Cherry Hills Village, Colorado
    Cherry Hills Village tops CEOWorld Magazine’s compilation of the 35 US Locations with the Most Mansions. This Colorado municipality has 6,426 residents at the time of writing this article. With the median household salary of over U$250,000, owners of the mega-homes in Cherry Hills Village enjoy their expansive residences, most of which have more than 10 rooms. Furthermore, 84.8 percent of the mansions in Cherry Hills Village, Colorado include nine or more rooms. 51 percent have five or more bedrooms, and 52 percent have a market value of US$2 million or greater. The notable residents of Cherry Hills Village, Colorado include National Basketball Association star Nikola Jokić and Merle Catherine Chambers, who is a business executive, lawyer, and philanthropist.
  2. Tokeneke, Connecticut
    Tokeneke is an area in Connecticut that 2,656 people consider home. Its residents’ median household salary is more than US$250,000. As a highly affluent location, Tokeneke boasts 78.4 percent of its mega-houses being mansions with nine or more rooms. These residential properties’ median number of rooms is over 10. Furthermore, 52.6 percent of the mansions in Tokeneke have five or more bedrooms. Prospective residents will find that 60.3 percent of these sprawling houses have a market value starting at US$2 million.
  3. Plandome, New York
    CEOWorld Magazine included Plandome, New York in its list of the 35 US Locations with the Most Mansions. This site has a population of 1,264 people. Plandome is considered among the highly affluent places in America, with residents having a median household income north of US$250,000. 72.9 percent of the mega-homes here have nine or more rooms. With the median room quantity being more than 10, 48.6 percent of the mansions in Plandome feature five or more bedrooms. These large houses have upmarket value, with 71.7 percent of them costing US$2 million or more. Notable residents of Plandome, New York are TV host and political commentator Bill O’Reilly and businessman Bruce Roger Bent. The latter invented the Reserve Fund, the world’s first-ever money market fund.
  4. Brookville, New York
    Brookville, New York is among the places in the United States with the most mansions. It is home to 2,937 residents at the time of writing this list. Being a residence of the very wealthy, the median household salary in Brookville is greater than US$250,000. Local people afforded the mega-houses here costing US$2 million or more, which tally to 57.8 percent. Interested Brookville, New York residents will find that 72.3 percent of the mansions in this area have nine or more rooms, with more than ten being the median room count. Meanwhile, 62.6 percent of the mega-houses have five or more bedrooms. Prince Félix of Luxembourg and multi-Grammy Award-winning singer Marc Anthony own mansions in Brookville, New York.
  5. Sands Point, New York
    Sands Point is a village in New York inhabited by 2,714 residents. It is home to affluent people, with a median household salary worth over US$250,000. The median number of rooms in Sands Point is greater than ten. Potential residents will find 69.2 percent of the mega-homes in this area featuring nine or more rooms. Meanwhile, 47.9 percent of the large houses in Sands Point, New York consist of five or more bedrooms. Additionally, interested residents should prepare a budget of US$2 million or more since the market value of 57 percent of the mansions in Sands Point are in that price range. TV sportscaster and radio host Len Berman and professional baseball player Carlos Beltrán are prominent Sands Point, New York residents.
  6. Hidden Hills, California
    As a gated community, Hidden Hills is a city in California that is home to popular public figures. Basketball stars Kevin Durant and Dwyane Wade reside in this highly affluent neighborhood with a population of 2,182. Additionally, world-famous entertainment icons own a piece of 64.2 percent of the mega-homes with nine or more rooms in Hidden Hills. They include Madonna, Britney Spears, Nicky Minaj, Jennifer Lopez, Miley Cyrus, The Weeknd, and Drake. Hidden Hills is home to world-renowned celebrities whose median household income is more than US$250,000. They are celebrities like Selena Gomez, the Kardashian family, Will Smith and Jada Pinkett-Smith, and Ozzy and Sharon Osbourne. With the median room number being more than 10, 69.4 percent of the Hidden Hills mansions consist of five or more bedrooms. Rich and famous residents can afford these stately houses, of which 85.7 percent cost US$2 million or more.
  7. Kings Point, New York
    In New York, Kings Point is home to 5,493 inhabitants. It is considered among the sites where many mansions are located, with median household income being US$153,603. 63.9 percent of the mega-houses in Kings Point feature nine rooms or more. Additionally, with more than ten as the median room number, 41.8 percent of these upscale residential properties have five or more bedrooms. Interested mansion buyers should prepare a budget of US$2 million or more since 53 percent of the mega-houses in Kings Point, New York have that market value. New York City real estate developer Fred Ohebshalom and TV and film producer Morris S. Levy are among Kings Point’s prominent residents.
  8. Atherton, California
    Atherton, California is among the wealthiest towns in the United States. It is home to 7,181 people at the time of writing this article. Over US$250,000 is the median household income in Atherton. The price of 93.5 percent of the mega-homes in this California area costs US$2 million or more. The median number of rooms in Atherton, California is more than 10. Furthermore, 60.2 percent of the mansions in this location have nine or more rooms, while 40.4 percent consist of five or more bedrooms. Billionaire venture capitalist Douglas Leone owns a mansion in Atherton, California. Moreover, business executives in the technology and finance sectors live in this upscale location. These high-net-worth mansion owners include WhatsApp co-founder Jan Koum; former Google chief executive officer or CEO and executive chairman Eric Schmidt; and former Hewlett-Packard CEO and president Meg Whitman.
  9. Hillsborough, California
    Hillsborough, California is an affluent town with 11,390 residents. The median household salary here is north of US$250,000. 93.8 percent of Hillsborough’s mansions have a market value of US$2 million or more. With a median room count of more than 10, 58.9 percent of the mega-houses in this California area have nine or more rooms. Meanwhile, 31.6 percent of the mansions include five or more bedrooms. TV host and comedian Jimmy Kimmel and NASCAR driver and Victoria’s Secret model Toni Breidinger reside in Hillsborough, California.
  10. Yarrow Point, Washington
    Yarrow Point is a town in Washington with 1,365 people inhabiting it. This upmarket residential area has 80.8 percent of its mega-homes costing US$2 million or more. Additionally, greater than US$250,000 is the median household income in Yarrow Point. Being among the places in the United States with the most mansions, the median room quantity in this Washington town is more than ten. Moreover, 57.6 percent of Yarrow Point mega-houses have nine or more rooms, while 27.1 percent have five or more bedrooms. Musician Chris Ballew is among the mega-homeowners of Yarrow Point in Washington.
  11. Los Altos Hills, California
    Los Altos Hills is a wealthy California town with 8,520 inhabitants. It is considered affluent since the residents’ median household salary is north of US$250,000. Los Altos Hills’ median number of rooms is more than 10, with 56 percent of the large houses having nine or more rooms. 35 percent of the mansions in this area have five or more bedrooms. Prospective mega-homeowners can call Los Altos Hills, California their place of residence if they can afford the upmarket residential properties, 93.9 percent of which have a market value starting at US$2 million. Google’s co-founder Sergey Brin and CEO Sundar Pichai are among the prominent ultra-high-net-worth mega-homeowners of Los Altos Hills, California.
  12. Alpine, New Jersey
    Alpine, New Jersey is home to 1,336 residents at the time of writing this article. CEOWorld Magazine’s researchers included this locale on its list of the 35 United States-based locations with the most mansions as 50.2 percent of the mega-homes here have nine or more rooms. With the median room number being greater than ten, 38.8 percent of the mansions in New Jersey’s borough of Alpine have five or more bedrooms. Many affluent people who can afford mansions worth US$2 million or more have settled in Alpine, where 59.7 percent of the real estate properties’ costs are at that level. With US$196,875 as the median household income, Alpine, New Jersey is home to rap star Jay-Z, musician Stevie Wonder, and Hollywood movie star Wesley Snipes.
  13. Clyde Hill, Washington
    Washington’s Clyde Hill is a city with 3,118 residents. This location is considered wealthy, with a median household salary greater than US$250,000. 73.6 percent of the mansions in Clyde Hill have a market value of US$2 million or more. With 8.3 being the median number of rooms, 47.7 percent of the mega-houses in this Washington area feature nine or more rooms. Furthermore, 22.5 percent of the mansions in Clyde Hill have five or more bedrooms. Microsoft CEO Satya Nadella and Félix Hernández, a former professional baseball pitcher, own large houses in this Washington residential site.
  14. Spring Lake, New Jersey
    Spring Lake is a borough in New Jersey with a population of 2,814 people. 63.3 percent of the mansions here cost US$2 million or more. Forbes Magazine included Spring Lake, New Jersey in its 2012 list of “America’s Most Expensive ZIP Codes.” This affluent location’s residents are considered well-off for they have a median household income of US$119,659. Investor and former banker Wilbur Ross and Hollywood movie star Jack Nicholson own mega-homes here. With 8.3 being the median room number, this New Jersey area has 46.7 percent of its mega-homes having nine or more rooms, while 44.2 percent comprise five or more bedrooms.
  15. Medina, Washington
    Medina is a city in Washington with 2,928 inhabitants. It is among the wealthiest locations in America, with 66.2 percent of the houses costing US$2 million or more. Additionally, US$208,500 is the median household income in Medina. This Washington urban locale’s median room count is 8.3. Prospective mansion buyers will discover that 19.9 percent of Medina mega-homes have five or more bedrooms, while 46.5 percent have nine or more rooms. Notable Medina, Washington ultra-high-net-worth mega-homeowners consist of Microsoft co-founder and philanthropist Bill Gates and Amazon executive chairman and founder Jeff Bezos.
  16. Rolling Hills, California
    The city of Rolling Hills in California has a population of 1,436. Its residents are considered wealthy with a median household income north of US$250,000. Interested mega-home buyers can expect the real estate properties in Rolling Hills to cost US$2 million or more, as is 89.6 percent of it. With 8.1 as the median number of rooms, this California urban locale has 30.3 percent of its mansions having five or more bedrooms, while 45.3 percent have nine or more rooms. Billionaire businessman John Tu and professional football player Colin Baxter are among the well-known Rolling Hills, California mega-homeowners.
  17. Fairbanks Ranch, California
    Fairbanks Ranch is a community in California that has a population of 2,960 people at the time of writing this list. Most of its residents have a median household income worth US$231,721. With these figures, residents of Fairbanks Ranch can afford the upscale residential properties in this area, with 66.5 percent of them having a market value of US$2 million or more. The median room number of this California neighborhood is 7.9. Additionally, 43 percent of the large houses in Fairbanks Ranch have nine or more rooms, and 39.5 percent include five or more bedrooms. Author Dinesh Joseph D’Souza and professional baseball player Trevor Hoffman have mega-houses in Fairbanks Ranch, California.
  18. Monte Sereno, California
    The California city of Monte Sereno is home to 3,502 residents. With 84.6 percent of the mansions here costing US$2 million or more, this American urban area’s mega-homeowners have a median household income north of US$250,000. 8.2 is the median number of rooms in Monte Sereno. Moreover, 42.1 percent of the mansions here have nine or more rooms. Meanwhile, 27.9 percent of Monte Sereno’s large houses have five or more bedrooms. Famous people who lived in Monte Sereno, California include Nobel Prize-winning author John Steinbeck and pastoral, idyllic, and realistic painter Thomas Kinkade.
  19. East Hampton, New York
    1,062 residents inhabit East Hampton. This New York town has a median household salary worth US$96,250, making its residents capable of purchasing the mega-houses here, 59.9 percent of which cost US$2 million. The median room count in East Hampton, New York is 7.9. CEOWorld Magazine’s researchers discovered that 33.2 percent of the mansions here have five or more bedrooms. Meanwhile, 40.2 percent of the mega-homes have nine or more rooms. Academy Award-winning movie director Steven Spielberg owns a Georgica Pond home in East Hampton, New York.
  20. Ross, California
    Ross is a small town in California. It has 2,405 people inhabiting it at the time of writing this article. As a wealthy locale, 78.9 percent of Ross’s mega-houses have a market value worth US$2 million or more. Its residents have a median household salary of more than US$250,000. Ross, California’s median room number is 7.7. Interested mansion buyers will find that 24.4 percent of the large houses in this location have five or more bedrooms. Moreover, 37.2 percent of the mega-homes in Ross have nine or more rooms. Model-actress Dylan Penn and retired actress Maria Pitillo own mansions in this California area.
  21. Piedmont, California
    California’s small city of Piedmont is inhabited by 11,368 residents. Above US$250,000 is the median household income here, and 58.9 percent of the mega-homes worth US$2 million or more cater to this upmarket real estate clientele. In Piedmont, 37.1 percent of the mansions feature nine or more rooms. With 7.7 being the median room count, 13.2 percent of the mega-houses in this California city have five or more bedrooms. Notable Piedmont, California residents include Academy Award-winning Hollywood movie star Clint Eastwood and animator and filmmaker Mark Andrews.
  22. Southampton, New York
    The Town of Southampton in New York is home to 4,380 people. 50.3 percent of the mega-homes in this location cost US$2 million or more. With the median household salary worth US$135,405, Southampton mansion buyers will find 34.8 percent of the mega-houses here having nine or more rooms. Meanwhile, 23.8 percent of the large residential properties have five or more bedrooms. Southampton, New York has 7.2 as the median number of rooms. Its famous mega-homeowners include fashion designer Calvin Klein and Hollywood movie star Michael J. Fox.
  23. Loyola, California
    The community of Loyola in California is inhabited by 3,564 residents. The median household income here is above US$250,000. Loyola, California is home to America’s largest houses. 91.3 percent of the sprawling homes here have a market value of US$2 million or more. With 7.5 as the median number of rooms, 34 percent of the mansions in Loyola, California have nine or more rooms. Furthermore, 20.8 percent of the mega-houses consist of five or more bedrooms.
  24. Portola Valley, California
    Portola Valley is a small and wealthy community in California. 4,458 people live here. As an affluent locale, Portola Valley has a median household salary of more than US$250,000. Moreover, 87.9 percent of the mega-homes here cost US$2 million or more. The median number of rooms in Portola Valley is 7.4, with 34 percent of the mega-houses having nine or more rooms and 14 percent having five or more bedrooms. Nike CEO John Donahoe and Oracle Corporation co-founder Ed Oates are among the notable mega-homeowners of Portola Valley, California.
  25. Woodside, California
    Woodside, California is a town with 5,316 residents. 85 percent of the large houses here are worth US$2 million or more. Woodside homeowners’ median household salary is greater than US$250,000. With 7.6 as the median room count, 32.7 percent of the mansions in this California community have nine or more rooms. Meanwhile, 14 percent of the mega-houses include five or more bedrooms. Oracle Corporation CEO Larry Ellison and Softbank CEO and founder Masayoshi Son are among the prominent and ultra-high-net-worth residents of Woodside, California.
  26. Rancho Santa Fe, California
    Rancho Santa Fe, California is among the locations in the United States with the most mega-homes. This community has 2,914 inhabitants. The median household income in Rancho Santa Fe is US$196,500. With 7.7 as the median number of rooms, 32.4 percent of the mansions in this California area have nine or more rooms. Meanwhile, 36.1 percent have five or more bedrooms. Prospective residents of Rancho Santa Fe, California can make it in this residential site if they can afford US$2 million or more worth of mega-houses, of which 77.6 percent of them have this market value. Professional basketball player Kawhi Leonard and professional golfer Phil Mickelson own mansions in Rancho Santa Fe. Additionally, the vacation homes of Hollywood movie star Arnold Schwarzenegger and professional golfer Tiger Woods are on this site.
  27. Belvedere, California
    California’s residential area, Belvedere, has a population of 2,309. With a median household salary of US$246,500, its residents can afford large houses worth US$2 million or more. 93.7 percent of the mansions in Belvedere, California have that market value. The median room number in this area is 7.3. Interested mansion buyers will find that 14.2 percent of the mega-houses in Belvedere have five or more bedrooms, while 29.3 percent have nine or more rooms.
  28. Sullivan’s Island, South Carolina
    Sullivan’s Island is an island and town in South Carolina. Its inhabitants number 2,220. The median household income in Sullivan’s Island, South Carolina is US$157,743. CEOWorld Magazine’s researchers discovered that 53.9 percent of the mega-homes in this location are US$2 million or more in market value. 29 percent of the mansions in Sullivan’s Island have nine or more rooms. Furthermore, with 7.2 being the median room number, 24.3 percent of the large homes here have five or more bedrooms.
  29. Palos Verdes Estates, California
    California’s coastal city of Palos Verdes Estates is inhabited by 13,403 people. It is considered an affluent location, with the median household income being US$202,569. Palos Verdes Estates, California’s median number of rooms is 7.2. Interested homebuyers will learn that 28.1 percent of the real estate properties in this locale have nine or more rooms. Moreover, 16.9 percent of the mansions in Palos Verdes Estates have five or more bedrooms. This city has 51.2 percent of its mega-houses worth US$2 million or more. Brazilian boxer and mixed martial artist Anderson Silva and former professional basketball player Matt Barnes are among the well-known residents of Palos Verdes Estates, California.
  30. San Marino, California
    The residential city of San Marino in California has a population of 12,620 inhabitants. The median household salary here is worth US$174,722. San Marino has 54.1 percent of its large homes costing US$2 million or more. The median number of rooms in this California community is 7.4, with 17.5 percent of the mansions having five or more bedrooms. Meanwhile, 27.9 percent of the spacious residential properties have nine or more rooms. Prominent personalities who call San Marino, California home are Hollywood actors Rob Schneider and Bradley Whitford.
  31. Saratoga, California
    Saratoga is a city in California where 31,194 people reside. CEOWorld Magazine’s compilation of the 35 US Locations with the Most Mansions features this area which has US$224,179 as the median household salary. Saratoga, California is an ideal residential area for interested mega-home buyers where 7.3 is the median room count. 76.1 percent of the mansions here cost US$2 million or more. Additionally, 27.3 percent of the expansive mega-houses in Saratoga have nine or more rooms, while 18.4 percent consist of five or more bedrooms. Academy Award-winning filmmaker Steven Spielberg and “Men in Black” screenwriter Ed Solomon have residential properties in this California city.
  32. Emerald Lake Hills, California
    Emerald Lake Hills is a neighborhood in California with 4,545 residents. 66.8 percent of the large homes here are worth US$2 million or more. In Emerald Lake Hills, the median household income is north of US$250,000. With 7.4 as the median room number, 26.2 percent of the sprawling residential properties here feature nine or more rooms. Meanwhile, 17.5 percent of the mega-houses in Emerald Lake Hills have five or more bedrooms.
  33. Kentfield, California
    Interested mansion buyers can scout at Kentfield, California where 50 percent of the large houses are worth US$2 million or more. This community’s population is 7,517 inhabitants with a median household salary of US$209,750. Kentfield’s median number of rooms is 7.1. Potential mega-homeowners will find that 25.6 percent of the real estate properties in this neighborhood have nine or more rooms. About 15.1 percent of them consist of five or more bedrooms. California’s incumbent governor, Gavin Newsom, resides in Kentfield, California.
  34. Montecito, California
    Montecito is a town in California with 8,494 residents. 76 percent of the large houses here cost US$2 million or more. Montecito’s median household income is US$193,423. With 6.5 as the median number of rooms, potential residents will find that 10.4 percent of the mansions have five or more bedrooms, while 25.2 percent of them have nine or more rooms. Among the world-famous Montecito, California residents are Ariana Grande, Oprah Winfrey, Prince Harry, Meghan Markle, Gwyneth Paltrow, Adam Levine, and Orlando Bloom.
  35. Tiburon, California
    The town of Tiburon in California is inhabited by 9,146 people. The median household salary here is US$192,292. The mansions in Tiburon, California, particularly 72 percent of them, have a market value of US$2 million or more. With 6.2 as the median room count, 11.6 percent of the mega-houses in Tiburon have five or more bedrooms. Meanwhile, 24.7 percent of the mansions have nine or more rooms. Former baseball player Barry Bonds and Metallica drummer Lars Ulrich are among the famous public figures who are mansion owners in Tiburon, California.

CEO World Magazine’s list of the 35 US Locations with the Most Mansions has 21 locales in California. Meanwhile, six of the places are in New York, while three are in Washington. New Jersey, Connecticut, and Colorado are US states included in this compilation where there are also a huge number of mega-houses.

The communities in this list are among the richest in the United States, with a median household income starting at US$250,000. The 10 neighborhoods based in California have the highest percentage of mansions worth US$2 million or more.

Readers will discover that CEO World Magazine’s list of the 35 US Locations with the Most Mansions shows where the world’s leaders in the fields of finance, business, technology, sports, entertainment, and more reside.

This article also demonstrates how six-figure median household incomes translate to luxurious lifestyles, including the purchasing power to buy expansive mega-houses with a market value in the neighborhood and north of US$2 million.


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CEOWORLD magazine - Latest - Special Reports - The Best Cities for Luxury Homes and Mansions in America
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