10 Richest Neighborhoods in Atlanta

By PropertyClub Team
Apr 16th 2024
In addition to its vibrant history, world-class entertainment, and diverse local cuisine, Atlanta is also home to an abundance of wealthy communities. Let's explore the ten wealthiest neighborhoods in Atlanta. Read on to discover the city’s most luxurious areas. 

hash-mark10 Richest Neighborhoods in Atlanta

  1. Tuxedo Park
  2. Chastain Park
  3. Argonne Forest
  4. Brookwood Hills
  5. Morningside-Lenox Park 
  6. Peachtree Park
  7. Anslee Park
  8. Lake Claire
  9. Candler Park 
  10. Druid Hills

hash-mark1. Tuxedo Park

Tuxedo Park is the richest neighborhood in Atlanta. Situated in north-central Buckhead, Tuxedo Park was originally a series of woods and farmland in the early 20th century. Today, this affluent neighborhood is perfect for those who prefer a luxury area with historic mansions, gated communities, and picturesque landscaping. Additionally, the Tuxedo Park Civic Association is known for its social events and private security team, which helps keep the neighborhood tight-knit and safe. Home prices in Tuxedo Park averaged $2.54 Million in 2023, making it the premier choice for luxury living within the Atlanta city limits. 

hash-mark2. Chastain Park

Chastain Park is another one of Atlanta’s wealthiest neighborhoods. Those who have visited this area already know that its community is filled with active residents who enjoy jogging, golf cart rides, and beautiful green spaces. The neighborhood is also home to a thriving civic association, which is dedicated to maintaining an abundance of local amenities and events. And, of course, the crown jewel of this neighborhood is Chastain Park, beloved for its tennis courts, walking trails, playgrounds, softball fields, and more. With home prices in this area averaging around $1.79 Million, Chastain Park is a rich area for those who pursue an active lifestyle. 

hash-mark3. Argonne Forest 

The third-richest neighborhood in Atlanta is Argonne Forest. Developed in the 1950s, this prominent area is known for its enormous lots, stunning estates, and desirable location close to West Paces Ferry Road. The area is also coveted for its acclaimed public and private school systems, proximity to popular shopping districts, and ample local entertainment. Additionally, the neighborhood is home to less than 600 residents, which gives locals a sense of privacy that is difficult to find in the big city. Home prices in Argonne Forest average $1.71 Million, making it the overall second-most expensive area to live in Atlanta. 

hash-mark4. Brookwood Hills

Brookwood Hills is another one of the richest neighborhoods in Atlanta. The charming suburban neighborhood is located between Midtown and Buckhead and home to around 1,000 people. Known for its historic homes and gorgeous architecture, Brookwood Hills is a site on the National Register of Historic Places. It also has its own country club that serves as the community's social epicenter and features a park, swimming pool, tennis courts, and more. As you might expect, Brookwood Hills is a very wealthy neighborhood with an average home price of $1.13 million and a median household income of $148,600.

hash-mark5. Morningside-Lenox Park 

Located northeast of downtown Atlanta is Morningside-Lenox Park, an area well-known for wealth and affluence. This highly-rated district is home to beautiful historic architecture, a walkable layout, and close proximity to lots of high-end retailers and local entertainment. The neighborhood also has a generous selection of parks, walking paths, community gardens, and farmer’s markets, which make it ideal for anyone interested in a healthy, active lifestyle. And, with overall crime rates in this area nearly half the Atlanta average, Morningside-Lenox Park is also one of the safest areas to live in the bug city. Home prices in this area average $1.08 Million, keeping this a well-rounded area for Atlanta’s upper echelon. 

hash-mark6. Peachtree Park

Peachtree Park is a rich neighborhood nestled in the heart of central Buckhead. This area is ideal for those who prefer luxury homes in various architectural styles and features roughly 550 residences across 13 streets. From Tudor-style cottages to towering traditional estates, each home has its own unique design, and residents will find something for everyone. The neighborhood is quiet and friendly, with tree-lined streets that attract an abundance of outdoor enthusiasts like walkers, joggers, and bicyclists. Home prices in this area average at $893k, making it a well-rounded option for wealthy families who prefer a more private residence. 

hash-mark7. Ansley Park

Ansley Park is also one of the wealthiest neighborhoods in Atlanta. Located between Midtown and Piedmont Park, Ansley Park was Atlanta’s first suburban neighborhood designed for automobile use. As such, it features wide, winding roads and beautiful greenspaces that are in stark contrast to the grid-like road patterns found in other parts of the city. The main intention behind building Ansley Park was to create a beautiful neighborhood that would serve as a respite from the monotony of the inner city. Fortunately, residents of this area are committed to keeping its original purpose alive and thriving and are an active part of maintaining the neighborhood’s low crime rates, beautiful homes, and overall sense of community. This keeps local home prices in the high $ 800k’s, keeping Ansley Park a highly coveted luxury area. 

hash-mark8. Lake Claire

Lake Claire is also a very wealthy neighborhood in Atlanta. Located in East Atlanta between Candler Park and Decatur, Lake Claire is a diverse neighborhood with good schools and low crime. It contains about 1,200 homes and has a population of around 2700 residents. Despite its name, Lake Claire has no lake. However, Lullwater Creek runs through Lake Claire Park. The park is a small greenspace in the heart of the community. The neighborhood also offers easy access to top attractions like the Atlanta Sport and Social Club and the Fernbank Museum. So, it isn't shocking that it's also one of Atlanta's pricier neighborhoods, with an average home price of $755,083 and a median household income of $111,900.

hash-mark9. Candler Park 

Another one of the richest neighborhoods in Atlanta is Candler Park. This area is well known for being one of the hippest neighborhoods in all of Atlanta and is considered an epicenter for festivals, concerts, and parties. As such, it is ideal for those who hold a more bohemian lifestyle and prefer an area filled with entertainment, nightlife, and diverse local cuisine. Homes in Candler Park average $744k, making it the best place in Atlanta to find a combination of luxury living and thrilling urban adventure. 

hash-mark10. Druid Hills 

Druid Hills is an Atlanta neighborhood known for being both wealthy and trendy. Located east of Morningside-Lenox Park, this area is set slightly further from Atlanta’s center than other neighborhoods on this list, making it perfect for those who prefer to commute into the city. Druid Hills is home to an abundance of culture and charm, as well as a thriving local community. Its local amenities include several highly-acclaimed hospitals and the renowned Emory University. Other local draws include many local parks, restaurants, and shopping districts. Home prices here average at $689k, keeping Druid Hills a wealthy part of the Atlanta cityscape.