15 Richest Neighborhoods in Brooklyn

Jan 31st 2024
Once known for its eclectic and diverse neighborhoods, Brooklyn has undergone a transformation in recent years, emerging as a hub of affluence and luxury living. In this article, we'll explore the fifteen richest neighborhoods in Brooklyn, where grand brownstones, trendy boutiques, and upscale amenities define the landscape.

hash-mark15 Richest Neighborhoods in Brooklyn

  1. Brooklyn Heights
  2. Dumbo
  3. Cobble Hill
  4. Park Slope
  5. Williamsburg
  6. Boerum Hill
  7. Fort Greene
  8. Clinton Hill
  9. Greenpoint
  10. Red Hook
  11. Ditmas Park
  12. Gowanus
  13. Windsor Terrace
  14. Bay Ridge
  15. Midwood

hash-markBrooklyn Heights

  • Population: 20,256
  • Median Home Price: $1,315,711
  • Median Household Income: $148,282

The richest neighborhood in Brooklyn is Brooklyn Heights. Nestled along the East River with breathtaking views of the Manhattan skyline, Brooklyn Heights is a neighborhood that seamlessly blends historic charm with modern luxury. Brownstone-lined streets, upscale boutiques, and gourmet dining options characterize this affluent enclave. 

The real estate market here boasts some of the highest property values in Brooklyn, attracting wealthy professionals and families seeking a refined urban lifestyle.

Did You Know: Brooklyn Heights is also known as America's original suburb.


  • Population: 1,139
  • Median Home Price: $1,638,976
  • Median Household Income: $146,370

Down Under the Manhattan Bridge Overpass, or DUMBO, has evolved from an industrial area to a thriving upscale neighborhood. Famous for its converted warehouses, high-end lofts, and a thriving arts scene, DUMBO has become a magnet for the creative elite. 

With stunning waterfront views, innovative architecture, and proximity to cultural institutions like the Brooklyn Bridge Park, this neighborhood is a haven for those seeking a blend of luxury and creativity.

Did You Know: Due to many technology startups, DUMBO is New York City's fourth-richest community.

hash-markCobble Hill

  • Population: 9,554
  • Median Home Price: $1,638,896
  • Median Household Income: $134,960

Cobble Hill is also one of the most expensive neighborhoods in Brooklyn. This luxurious neighborhood exudes a unique charm with its tree-lined streets, historic townhouses, and a vibrant community atmosphere. This affluent neighborhood is known for its historic character and proximity to some of the best schools in Brooklyn. 

Upscale boutiques, gourmet restaurants, and a sense of community make Cobble Hill an attractive destination for those looking for a quieter yet luxurious urban experience.

Did You Know: Cobble Hill is home to two of Brooklyn's most notable schools: the Brooklyn School for Global Studies and the School for International Studies.

hash-markPark Slope

  • Population: 40,290
  • Median Home Price: $1,360,191
  • Median Household Income: $150,320

Another one of the wealthiest neighborhoods in Brooklyn is Park Slope. Famous for its brownstone-lined streets and proximity to Prospect Park, Park Slope is a neighborhood that combines greenery with grandeur. Affluent residents are drawn to the spacious historic homes, top-rated schools, and a plethora of cultural and recreational amenities. 

Did You Know: According to the 1890 census, Park Slope was the richest community in the United States. 


  • Population: 151,308
  • Median Home Price: $1,017,262
  • Median Household Income: $65,908

Once a haven for artists and musicians, Williamsburg has undergone a remarkable transformation into a trendy and affluent neighborhood. With its industrial-chic aesthetic, upscale condos, and thriving cultural scene, Williamsburg attracts a diverse mix of creatives and professionals. 

The waterfront area, in particular, has become a hotspot for luxury developments, offering stunning views of Manhattan and a lifestyle that seamlessly blends hipster chic with high-end living.

Did You Know: After the construction of the Williamsburg Bridge, many wealthy immigrants, especially from the Lower East Side, moved to Williamsburg.

hash-markBoerum Hill

  • Population: 12,518
  • Median Home Price: $1,532,768
  • Median Household Income: $202,547

Boerum Hill is an enclave that beautifully melds historic architecture with contemporary luxury. Brownstones and tree-lined streets create a picturesque setting for this affluent neighborhood. Trendy boutiques, artisanal eateries, and a growing number of high-end condominiums make Boerum Hill a sought-after destination for those who appreciate a mix of old-world charm and modern opulence.

Did You Know: In spite of its name suggesting elevation with the term "hill," the neighborhood is, in fact, quite flat.

hash-markFort Greene

  • Population: 28,335
  • Median Home Price: $1,165,392
  • Median Household Income: $119,728

Named after a Revolutionary War-era fort, Fort Greene is a neighborhood that boasts a rich cultural scene and upscale living. With historic brownstones, cultural institutions like the Brooklyn Academy of Music (BAM), and proximity to Fort Greene Park, this area attracts a sophisticated crowd. 

Did You Know: Fort Greene has a rich history as an African-American neighborhood, with 41.8% of its population being Black in the year 2000.

hash-markClinton Hill

  • Population: 34,791
  • Median Home Price: $937,882
  • Median Household Income: $91,517

Clinton Hill is renowned for its stately mansions, historic architecture, and a vibrant artistic community. The neighborhood is home to the prestigious Pratt Institute, contributing to its intellectual and creative atmosphere. 

Upscale dining options, boutique shops, and a mix of historic and modern residences make Clinton Hill one of the richest neighborhoods in Brooklyn. 

Did You Know: In the late 1800s, rich families moved to Clinton Hill, and they built big, fancy houses with intricate designs.


  • Population: 34,719
  • Median Home Price: $1,199,111
  • Median Household Income: $148,380

Greenpoint, situated along the East River, has undergone a transformation from a predominantly industrial area to a waterfront oasis of luxury. With stunning views of Manhattan, upscale condominiums, and a burgeoning culinary scene, Greenpoint has become a hotspot for those seeking a balance between urban living and waterfront tranquility. 

Did You Know: Greenpoint is home to many Polish immigrants and is also known as "Little Poland."

hash-markRed Hook

  • Population: 9,953
  • Median Home Price: $1,778,315
  • Median Household Income: $88,482

Red Hook, with its maritime charm and waterfront location, has become a destination for those seeking an exclusive and relaxed lifestyle. Historic warehouses converted into upscale lofts, trendy art galleries, and a flourishing food scene define this neighborhood. 

Red Hook's distinct character, combined with its proximity to the waterfront and panoramic views of the Statue of Liberty, make it a unique and affluent enclave within Brooklyn.

Did You Know: Many famous people call Red Hook home, including actress Al Capone, Michelle Williams, and basketball player Carmelo Anthony.

hash-markDitmas Park

  • Population: 24,229
  • Median Home Price: $1,369,000
  • Median Household Income: $66,173

Ditmas Park, located in Flatbush, stands out for its remarkable collection of Victorian-era homes. The neighborhood boasts tree-lined streets adorned with stunning, meticulously maintained mansions, creating a distinctive atmosphere of old-world opulence. 

Residents in Ditmas Park revel in the unique charm of these historic residences, with each home telling a story of a bygone era, adding an air of sophistication to the community.

Did You Know: In 2009, Time Out New York ranked Ditmas Park as one of the best NYC neighborhoods for food.


  • Population: 24,004
  • Median Home Price: $113,8998
  • Median Household Income: $133,269

Known for its canal and industrial past, Gowanus has experienced a renaissance in recent years, transforming into a haven for the affluent seeking a blend of industrial-chic aesthetics and luxury living. 

Warehouses turned into loft-style residences and upscale art studios characterize this neighborhood. Upscale dining options and proximity to cultural venues contribute to Gowanus's status as a trendy and sophisticated enclave.

Did You Know: Carroll Street Bridge in Gowanus is the Nation's Oldest Retractable Bridge.

hash-markWindsor Terrace

  • Population: 20,988
  • Median Home Price: $1,061,020
  • Median Household Income: $119,394

Nestled between Prospect Park and Green-Wood Cemetery, Windsor Terrace offers a serene escape within the bustling borough. The neighborhood is characterized by its tranquil streets, historic row houses, and a sense of community that attracts discerning residents seeking a peaceful yet refined urban lifestyle. 

Windsor Terrace's proximity to the park and its understated elegance make it a sought-after destination for those valuing both tranquility and sophistication.

Did You Know: In 2015, homes in different parts of Windsor Terrace were selling for around $1.2 million to $2 million.

hash-markBay Ridge

  • Population: 111,952
  • Median Home Price: $737,447
  • Median Household Income: $105,100

Situated along the western shore of Brooklyn, Bay Ridge is celebrated for its panoramic views of the New York Harbor and the Verrazano-Narrows Bridge. The neighborhood's affluence is evident in its upscale waterfront properties, boasting stunning vistas and luxurious amenities. 

Bay Ridge attracts those who appreciate a suburban feel while enjoying the conveniences of city living, making it a coveted destination for those seeking a waterfront retreat.

Did You Know: Due to the large Middle Eastern population, Bay Ridge is also called "the heart of Brooklyn's Arab community." 


  • Population: 52,835
  • Median Home Price: $940,028
  • Median Household Income: $70,130

Midwood, the last neighborhood on our list, stands out for its diverse population and a mix of architectural styles, creating a rich and eclectic atmosphere. The neighborhood is home to an array of upscale amenities, from high-end shopping districts to fine dining establishments that cater to a discerning clientele. 

Did You Know: Brooklyn College, located in Midwood, is the first public coeducational liberal arts college in the Big Apple. 

hash-markRichest Neighborhoods in Brooklyn Bottom Line 

Most of the richest neighborhoods in Brooklyn are located in the Northeastern part of the borough, closer to Manhattan, making commuting easy. Brooklyn's landscape is continually evolving, and its wealthiest neighborhoods are a testament to the borough's ability to reinvent itself. From the historic charm of Brooklyn Heights to the trendy vibe of Williamsburg, these neighborhoods showcase the diverse range of lifestyles available in this iconic borough.