Richest Neighborhoods in Atlanta
Go Back To Previous PageIn addition to its rich history, top-notch entertainment, and diverse local cuisine, Atlanta is known for its affluent neighborhoods. Let’s see the ten wealthiest neighborhoods in Atlanta. Keep reading to learn about the city’s luxurious areas and the Richest Neighborhoods in Atlanta!
1. Tuxedo Park: the Richest Neighborhood in Atlanta
Tuxedo Park, situated in north-central Buckhead, is the wealthiest neighborhood in Atlanta. Originally a series of woods and farmland in the early 20th century, it has
transformed into an affluent neighborhood ideal for those seeking luxury living.
It boasts historic mansions, gated communities, and picturesque landscaping. Also, the Tuxedo Park Civic Association is known for hosting social events and maintaining a private security team, ensuring a tight-knit and secure community. In 2023, home prices in Tuxedo Park averaged $2.54 million, solidifying its status as the premier choice for luxury living within Atlanta.
2. Chastain Park
First, Chastain Park is one of Atlanta’s wealthiest neighborhoods. It is known for its active community, which enjoys activities like jogging, golf cart rides, and spending time in beautiful green spaces. Therefore, the neighborhood also has a thriving civic association dedicated to maintaining local amenities and organizing events.
Also, the crown jewel of this neighborhood is Chastain Park, which features tennis courts, walking trails, playgrounds, softball fields, and more.
Lastly, home prices in this area average around $1.79 million, making Chastain Park an ideal location for those who enjoy an active lifestyle.
3. Argonne Forest
One of the wealthiest neighborhoods in Atlanta is Argonne Forest. Developed in the 1950s, this prominent area is known for its large lots, beautiful estates, and desirable location close to West Paces Ferry Road.
The neighborhood is famous for its excellent public and private school systems, proximity to renowned shopping districts, and plentiful local entertainment options. With fewer than 600 residents, locals enjoy a sense of privacy that is hard to come by in the big city.
Lastly, home prices in Argonne Forest average $1.71 million, making it the second-most expensive area in Atlanta overall.
4. Brookwood Hills
Brookwood Hills is one of the wealthiest neighborhoods in Atlanta. This charming suburban neighborhood is between Midtown and Buckhead and is home to around 1,000 people.
Known for its historic homes and gorgeous architecture, Brookwood Hills is on the National Register of Historic Places. Its country club also serves as the community’s center and features a park, swimming pool, tennis courts, and more.
As you might expect, Brookwood Hills is a very affluent neighborhood. The average home price is $1.13 million, and the median household income is $148,600.
5. Morningside-Lenox Park
Northeast of downtown Atlanta lies Morningside-Lenox Park, a well-known area associated with wealth and affluence.
This highly-rated district features beautiful historic architecture, a walkable layout, and proximity to high-end retailers and local entertainment.
The neighborhood also offers plenty of parks, walking paths, community gardens, and farm farmers, making it ideal for those interested in a healthy, active lifestyle. 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 big city. Home prices in this area average $1.08 million, making it a well-rounded area for Atlanta.
6. Peachtree Park
Peachtree Park is a wealthy neighborhood located in central Buckhead. It offers luxury homes in various architectural styles and encompasses approximately 550 residences across 13 streets. The community features diverse housing, from Tudor-style cottages to grand traditional estates, each with its unique design.
The area is known for its peaceful and welcoming atmosphere, with tree-lined streets that attract outdoor enthusiasts such as walkers, joggers, and bicyclists. The average home price in this neighborhood is around $893,000, making it a desirable option for affluent families seeking a private residence.
7. Ansley Park
Ansley Park is one of the wealthiest neighborhoods in Atlanta, located between Midtown and Piedmont Park. It was AtlanAtlanta’st suburban neighborhood designed for automobile use. The neighborhood features wide, winding roads and beautiful greenspaces, quite different from the grid-like road patterns in other parts of the city.
The main goal behind building Ansley Park was to create a beautiful neighborhood offering a break from the monotony of the inner city. Luckily, residents are committed to maintaining the neighborhood’s original purpose, evident in its low crime rates, beautiful homes, and strong sense of community.
This has helped keep local home prices in the high $800k range, making Ansley Park a highly sought-after luxury area.
8. Lake Claire
Lake Claire is a wealthy neighborhood in East Atlanta between Candler Park and Decatur. Despite its name, Lake Claire has no lake, but it is a diverse neighborhood with good schools and low crime. It consists of about 1,200 homes and has around 2,700 residents. Lullwater Creek runs through Lake Claire Park, a small greenspace in the heart of the community.
The neighborhood provides easy access to attractions like the Atlanta Sport and Social Club and the Fernbank Museum. It is known as one of AtlanAtlanta’sier neighborhoods, with an average home price of $755,083 and a median household income of $111,900.
9. Candler Park
Candler Park is one of Atlanta’s wealthiest neighborhoods. It is famous for its vibrant atmosphere and is a hub for festivals, concerts, and parties. It is an ideal location for those who embrace a bohemian lifestyle and seek an area with a diverse culinary scene, vibrant nightlife, and entertainment options.
The average price of homes in Candler Park is $744,000, making it the perfect place in Atlanta for individuals seeking a blend of luxurious living and an exciting urban experience.
10. Druid Hills
First, Druid Hills is a neighborhood in Atlanta known for its wealth and trendiness. It’s east of Morningside-Lenox Park and further from the city center.
Therefore, this makes it ideal for people who prefer to commute into the city. The area is rich in culture and charm and has a thriving local community. Local amenities include several highly acclaimed hospitals and the renowned Emory University.
There are also many local parks, restaurants, and shopping districts. The average home price in Druid Hills is $689,000, making it a wealthy part of the Atlanta cityscape.
Georges has been working in Wall Street for the last 16 years trading derivatives with hedge funds. He has been an active real estate investor for over a decade. Georges graduated from HEC Business School in Paris and holds a master in Finance from ESADE Barcelona.
