10 Most Expensive Zip Codes in America (2022)

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While the richest Americans can find homes anywhere, certain zip codes in the country have attracted the country’s elite. These celebrities, tech moguls, actors, and musicians buy property in these zip codes and entice their friends and associates to follow suit. This drives up home prices and creates expensive bubbles in certain parts of the United States. Homes in the most expensive American zip codes range between $4 million to over $7 million in 2021. While the list changes every year, some of the zip codes on this list are perennial staples.

  1. 98039 – Medina, Washington
  2. Average Home Price in 2021: $4 Million
    Current Population: 2,971 (2021)
    Area: 4.83 sq mi (12.51 km²)
    98039 – Medina, Washington
    photo source: Flickr via Filipe Fortes

     

    Medina, Washington is one of the few expensive zip codes on this list that is not located in California. While the small city might seem unassuming, it is home to Bill Gates, a number of other Microsoft executives, and associates of Bill Gates. Because of these ultra-wealthy residents, Medina is now one of the most expensive zip codes in America.

    In addition to its high concentration of millionaires/billionaires, Medina is one of the most desirable places to live in the country. The city has high-rated school districts and is surrounded by protected natural ares. Medina is on a peninsula in Lake Washington and just across from Seattle, making it a great place to live and raise a family.

    Did you know?

    Billionaires aside, the average income in Medina is close to $190,000 dollars, which makes the city pretty inaccessible to most people.


  3. 94022 – Los Altos, California (Los Altos Hills)
  4. Average Home Price in 2021: $4.052 Million
    Current Population: 18,500 (2021)
    Area: 17.49 sq mi (45.3 km²)
    94022 – Los Altos, California (Los Altos Hills)
    photo source: Wikimedia Commons

    94022 is part of Los Altos Hills, which is known for its affluence and expensive residential real estate. In 2021, the average price of a home in Los Altos Hills was over $4 million. As its name suggests, Los Altos Hills is located in a group of small hills. As home to many people who work in Silicon Valley, Los Altos Hills is one of the richest towns in America.

    Around the 1960s, wealthy San Franciscans began building vacation homes in the Los Altos Hills. Many of these old homes, including Morgan Manor and Griffin House have become historical town landmarks.

    Did you know?

    To maintain its quiet appeal, Los Altos Hills has a ban on commercial zones. The town’s two retail commercial operations are the book store at Foothill College and the gift shop on the grounds of the Immaculate Heart Monastery of the Poor Clare Colettines.


  5. 90402 – Santa Monica, California
  6. Average Home Price in 2021: $4.058 Million
    Current Population: 12,250 (2021)
    Area: 2 sq mi (5.18 km²)
    90402 – Santa Monica, California
    photo source: Wikimedia Commons

    Santa Monica, is yet another area of California featured on this list. Overall, Santa Monica is a pricey city and its most expensive zip code is 90402. Homes in the area averaged just over $4 million in 2021.  Beginning in the early 20th century, Santa Monica became a popular resort town because of its proximity to Los Angeles and the beach.

    Celebrities began building beach front properties on the Pacific Coast Highway, part of which passes through the 90402 zip code. Since the 1980s, Santa Monica has been a popular tourist attraction. Visitors come from all over the world to visit the beach, see celebrities, and hang out at the famed Santa Monica Pier.

    Did you know?

    Santa Monica was first developed in 1875 by John P. Jones, a U.S. Senator from Nevada.


  7. 93108 – Santa Barbara, California (Montecito)
  8. Average Home Price in 2021: $4.103 Million
    Current Population: 11,112 (2021)
    Area: 9.265 sq mi (23.994 km²)
    93108 – Santa Barbara, California
    photo source: Wikimedia Commons

    Zip code 93108 is part of Santa Barbara, specifically the town of Montecito. The area has been dubbed a “celebrity enclave” and is now one of the most expensive zip codes in the country. Parts of Montecito are built on the lower foothills of the Santa Ynez Mountains. As part of Santa Barbara, Montecito is a coastal area, which makes it even more desirable.

    During the mid-19th century, Montecito was known as a haven for bandits and highway robbers. However, by the end of the 19th century, wealthy tourists from the eastern and midwestern United States began to buy land in the area. They built part-time homes in the area, but many eventually settled in Montecito permanently.

    Did you know?

    Some of the most famous Montecito homeowners are Prince Harry and Megan Markle.


  9. 90210 – Beverly Hills, California
  10. Average Home Price in 2021: $4.125 Million
    Current Population: 32,701 (2020)
    Area: 5.71 sq mi (14.79 km²)
    90210 – Beverly Hills, California
    photo source: Flickr via Ken Lund

    90210, aka Beverly Hills, is probably one of the most recognized American zip codes because of the popular 90s TV show. However, in recent years, 90210 has ranked in the lower half of the Top 10 most expensive zip codes in America. Of course, this doesn’t mean that the zip code is cheap; the average home price in 2021 was still over $4 million.

    As a well-known zip code, Beverly Hills is home to numerous celebrities, luxury hotels, and popular landmarks and tourist attractions. Beverly Hills’ population began to boom in the 1920s and it remains a popular place to live for the world’s wealthy.

    Did you know?

    The area that became Beverly Hills was originally a Mexican ranch where lima beans were grown. A group of investors began to look for oil in 1900, but decided to build a town when they found water instead of oil.


  11. 33109 – Miami Beach, Florida (Fisher Island)
  12. Average Home Price in 2021: $4.475 Million
    Current Population: 594 (2021)
    Area: 0.31 sq mi (0.803 km²)
    33109 – Miami Beach, Florida
    photo source: Wikimedia Commons

     

    The Miami Beach zip code of 33109 is actually Fisher Island, one of the most expensive and exclusive places to live in America. Fisher Island was featured on another one of our articles, the most expensive and exclusive country clubs in the U.S. A haven for the ultra-wealthy, Fisher Island home’s had an average price of $4.475 million in 2021.

    Fisher Island has always been an expensive place to live. The island started out as a home for the Vanderbilts. Eventually, more millionaires built homes on Fisher Island. In the 1960s, Fisher Island was sold for development. Since then, development has been very restricted and controlled, which adds to the high price tag for homes on the island.

    Did you know?

    In April 2018, Bloomberg reported that the average income for Fisher Island, was $2.5 million in 2015, which makes it one of the wealthiest zip codes in America.


  13. 94957 – Ross, California
  14. Average Home Price in 2021: $4.583 Million
    Current Population: 2,290 (2019)
    Area: 1.56 sq mi (4.04 km²)
    94957 – Ross, California
    photo source: realtor.com

    Ross is a small town just north of San Francisco, which explains its inclusion on this list. Overall, Marin County, where Ross is located, is often cited as one of the best areas to live in the United States. The area is quiet and surrounded by a natural beauty, which has made Ross an attractive place to buy a home for some of the wealthiest Californians.

    According to several reports, the price of homes in Ross has skyrocketed since the start of the COVID-19 pandemic. Due to its rural nature, Ross has been a safe haven for those who can afford to buy a home there.

    Did you know?

    In 2019, a home in Ross (which was actually a sprawling estate) was put on the market for $85 million. The house garnered national attention for possibly being the most expensive house ever sold in Marin County.


  15. 11962 – Sagaponack, New York (Hamptons)
  16. Average Home Price in 2021: $5 Million
    Current Population: 494 (2021)
    Area: 4.65 sq mi (12.06 km²)
    11962 – Sagaponack, New York
    photo source: Wikimedia Commons

    Sagaponack is an incredibly small village in on the East End of Long Island, in New York, The village is most expensive area of the Hamptons. It is the most expensive zip code in New York and is home to a number of CEOs, musicians, famous authors, and celebrities. In 2021, homes in Sagaponack cost about $5 million!

    Writers and literary business people began moving to Sagaponack in the 1950s/60s because of its quiet and peaceful community. Eventually, Sagaponack became a hot spot for the wealthiest Americans. Some notable people who currently own homes in Sagaponack include Drew Barrymore, Billy Joel, Jimmy Fallon, and Caroline Kennedy.

    Did you know?

    Sagaponack is home to one of the last-active one-room school houses in New York State, the Sagaponack Common School, which educates children in grades Kindergarten through third grade.


  17. 02199 – Boston, Massachusetts
  18. Average Home Price in 2021: $5.5 Million
    Current Population: 1,146 (2021)
    Area: 0.06 sq mi (0.155 km²)
    02199 – Boston, Massachusetts
    photo source: Wikimedia Commons

    In general, Boston is quite an expensive place to live and as a densely populated city, it’s only natural that certain zip codes are pricey. In particular, zip code 02199, a small area of the city near the Prudential Center, is the second-most expensive zip code in the United States.

    The area in 02199 is dominated by office buildings and expensive apartments. The average home price in 02199 in 2021 was over $5.5 million. Also, the residents in 02199 have some the highest income in the country per capita; it is currently around $88,974.

    Did you know?

    The Prudential Tower, which stands at 920 feet, is the second-tallest building in Boston, behind 200 Clarendon Street, formerly the John Hancock Tower.


  19. 94027 – Atherton, California
  20. Average Home Price in 2021: $7.475 Million
    Current Population: 7,188 (2020)
    Area: 5.05 sq mi (13.07 km²)
    94027 – Atherton, California
    photo source: Wikimedia Commons

     

    With an average home price in 2021 of $7.475 million, Atherton, California 94027, is currently the most expensive zip code in America. The small town, which only has a population of 7,188, is primarily known wealthy population. In fact, this is the fifth consecutive year that Atherton has been named the most expensive zip code in the country. Additionally, Atherton is often ranked as having one of the highest per capita income among U.S. towns with a population between 2,500 and 9,999.

    Originally, Atherton was part of the Rancho de las Pulgas, a 1795 Spanish land grant in present-day San Mateo County, California. In the 1860s, Atherton was known as Fair Oaks, and was a flag stop on the California Coast for the Southern Pacific Railroad between San Francisco and San Jose.

    Did you know?

    In 1923, Atherton received its current name in honor of Faxon D. Atherton, who purchased over 600 acres in the area and made his home in what is now Atherton.

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