This Housing market collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Sonya
Thanks for your comment! Wilmette is a beautiful area indeed, and it's no surprise that it made the list of the 10 wealthiest Chicago suburbs. It's a great place to live, with plenty of amenities and access to great schools, parks, and other attractions. Thanks for your appreciation of the area!
I grew up in Oakbrook when there was still some open land and even a farmhouse or two. I'd go to Oakbrook Shopping Center when it was more manageable......now, it's been added onto and is just crazy!! My grandfather put marble and tile in most of the mob homes.....so my sister and I would go into his tile room and do projects. Being italian, my nonna, grandfather, uncle and cousin lived on one side of the house, and my mom, dad, sister and I lived on the other. When we lived there we had 2 and a half acres, and had well water. It was a very big house, but it wasn't in a chichi subdivision (Ginger Creek) so it wasn't as elaborate as they were. We knew the Butlers (they pretty much WERE Oakbrook back then). The kids I rode the bus with were just handed money to go to the mall on saturdays....while I did yard work just to get money to go roller skating. I know what it is to work......sadly, a lot of kids now don't. I worked in Naperville and my husband was a process server doing mostly foreclosures. A subdivision near my work (medium wealthy) had one third of it's properties in foreclosure. They'd use credit cards as a source of income, and some of the houses he'd serve didn't even have furniture in them (what he could see from the door). I worked in the liquor dept. of a well known chain, and the husband's would come in around 6:30 or 7pm (after they got off the train from working in Chicago) and they'd buy booze and tums!! During the day, their wives would come in......never wearing the same outfit twice. Trust me, I'm not bitter, I've had money, and have not....but living so beyond your means is crazy. So is giving your kids everything and them not knowing the value of it......what happens when you're not around anymore, and they can't support themselves?? Lol, sorry, that was quite the rant.
👍 💯. I went to school with the Butler children. I relate to all you say here. My parents were millionaires but divorced. I never knew it. 5 kids, a working mother, God, a working family and a whole lot of values took us through. I remember the "Red Devils" and went to Hinsdale Central" where the kids got porsches' for graduation...and suicides were rampant! I wonder why? RED DEVILS!! No thanks. That life is not for us. God and family through the tough times. Keep the fiat money. Most of theirs is laundered- no offense. So glad I moved away.
Oh yah...drugs are rampant in Oak Brook/Hinsdale-at least when I was a teen. Cocaine parties, heroine, alcohol...usually from their parents' bedrooms! Not my cup of tea!
Born and raised in Winnetka, went to New Trier when the high school was rated #1 in the United States for education and athletics in the 80s. Now days it’s more new money than old money… and a lot more entitlement.
@@mvygantas not judging, just stating the obvious. New money seems to come with an over abundance of entitlement and not appreciating what is in front of your face
Thanks for your comment! We appreciate your feedback and your keen eye for detail. While Northbrook, Lake Forest, Highland Park, Lake Bluff, and Bannockburn didn't make the list of 10 Wealthiest Chicago Suburbs for 2022, they are certainly some of the wealthiest suburbs in the area. We hope you'll take some time to explore each of these suburbs and all they have to offer!
Thanks for your comment! You're right, Kenilworth is an old and established suburb with a long history. It's no surprise that it's one of the wealthiest suburbs in the Chicago area. We looked at a variety of factors when creating our list, including average household incomes and amenities, but we also wanted to make sure to include some of the more established suburbs in the Chicago area. Thanks again for your comment!
Videos like yours make me miss Chicagoland! Fortunately, though, I found a nice but tiny neighborhood where I am... and it sort of reminds me of the better suburbs of Chicago (but with much worse summers and much easier winters).
Thanks for your comment! It's great to hear that you have fond memories of Chicagoland! It can be difficult to find a place that reminds us of home, but it sounds like you've found a great spot. We hope you're enjoying your new home.
@@ralphieandryan Thanks! Excellent, fun video! Grew up in Cook County loooong ago, before my family dragged me to Phoenix - but I moved back to Illinois in 2007 (to Mundelein, this time) but returned to Phoenix in 2009. Phoenix is mostly crappy lawn-less neighborhoods with cookie-cutter, cheaply built beige stucco cubes, no sidewalks, and scrawny half-dead trees. It is descript only in its non-descriptness. However, my current neighborhood has some mansions dating back to the early 1900's and tons of mid-century brick homes on sprawling green lots with HUGE trees. Still, I miss the Chicago 'burbs (and who doesn't love the Loop?). Good luck with your business!
Wealthiest does not necessarily equal most desirable. Both Naperville and Saint Charles have appeared on national “best suburbs” lists for decades now and they have a wider range of income levels living in town.
Thank you for your comment! We understand your point and appreciate your feedback. This video specifically focuses on the wealthiest Chicago suburbs in 2022, however, we do have other videos such as our Best Chicago Suburbs video which addresses the desirability of those suburbs. We appreciate you taking the time to comment and we look forward to providing you with more content in the near future that may better suit your needs. th-cam.com/video/QY2Ax7up-pg/w-d-xo.html th-cam.com/video/39FFWPplkaA/w-d-xo.html
Grew up in Hawthorn Woods now I live in Chicago. Whenever people ask what suburb I am from I typically say Lake Zurich because when I say Hawthorn woods they say where is that. Glad the little village is getting some recognition.
Thanks for your comment! It's great to hear that Hawthorn Woods is getting some recognition and that you're proud to call it home. It's true that some people may not be familiar with Hawthorn Woods, but that doesn't mean it's not a great place to live! It sounds like you have fond memories of growing up there and it's wonderful that you still hold it close to your heart. Thanks again for your comment!
Thanks for your comment! Barrington Hills is a great suburb of Chicago, and while it didn't make the list of 10 wealthiest suburbs, it still offers a great quality of life and plenty of amenities that make it an attractive place to live. Thanks again for your comment!
Thanks for your comment! While Highland Park and Lake Forest didn't make the list of 10 wealthiest Chicago suburbs, they are still great options for those looking for a high quality of life. Both towns offer plenty of amenities, beautiful homes, and access to great schools and parks. Thanks again for your comment!
Highland Park is usually number one with education. Also another interesting factoid HP was the only northshore suburb that allowed Jews to settle in the 1860s.
It’d be good to see the top 25, the top 5 rarely change just the order. I’m surprised Western Springs made the list which makes me curious about other western suburbs such as Clarendon Hills, Burr Ridge, LaGrange, Riverside, River Forest…. And other suburbs such as Lake Forest and highland park to north and Flossmoor to the south. Always a fun list nonetheless…
Thanks for your comment! It's great to see that you're curious about other suburbs in the area. We appreciate your feedback, and we'll definitely consider doing a list of the top 25 wealthiest suburbs Video. Thanks again for your suggestion!
Thanks for your comment! Winnetka is a great place to grow up, and it's no surprise that it's one of the wealthiest suburbs of Chicago. Even if you can't live there now, it's still a great place to visit and appreciate all that it has to offer. Thanks for sharing your experience with us!
I lived in Hawthorn Woods more 19 yrs ago. Love this area so much that we do not want to any other area surroundings. My kid went to Freemont middle school and Stevenson Hs.
Thanks for your comment! It's great to hear that you have such fond memories of Hawthorn Woods. It's no surprise that so many people choose to stay in the area - it's a great place to raise a family, with access to excellent schools and plenty of amenities. We hope you'll continue to enjoy living in the area for many years to come!
Thanks for your comment! It's great to hear that you agree with the other nine suburbs on the list. Burr Ridge is a great suburb, but it didn't make the cut this year due to its slightly lower median household income. However, it's still a great place to live and we wouldn't hesitate to recommend it!
“Chicago 6th best city in the world for the uber rich”, and “6th state with the most billionaires” and all you hear are people talking Chicago and Illinois down. What do these uber wealthy know that others don’t? It definitely helps explain some of the animosity of downstate IL towards Chicago and it’s wealthy collar counties which dominate state politics though. This list barely scratches the surface of upscale suburbs. As others have pointed out there’s Barrington and Barrington Hills, Burr Ridge, Lake Forest, Wheaton, Glen Ellyn, Naperville, Highland Park, to name a few. Chicagoland has a lot going for it. Great public transport by U.S. standards, Lake Michigan and its plentiful supply of fresh water, major sports teams, the city itself and all the cultural attractions, green space. 32 states have top state income tax brackets higher than ILs 4.95% but IL is a flat tax state which hits lower income people harder. IL does not tax retirement income. Property taxes are high almost by design as it is how schools are funded so wealthy people get better schools. Illinois was 37th in terms of crime rate per 100,000, and of the top 50 most violent cities in the U.S., Chicago ranked 31. Not great, and out of the 5 largest cities in the U.S. only Houston ranked higher, but perhaps not as bad as the news makes it seem. Illinois may be down, but it’s far from out.
Thanks for your comment and your insights! You make some great points about the many advantages of living in Chicagoland and why it's attractive to the uber-wealthy. Chicago and its surrounding suburbs have a lot going for it. It's true that the cost of living can be high, but there are also many other benefits to living in the area that make it worth considering. Thanks again for your comment!
@@EdwardAndersen No need to move, I’m a happy IL native. However, do you agree with the premise? Are the schools generally better in wealthy areas? Better facilities, and equipment, higher paid teachers and staff? Success has its advantages and it’s how we have decided to fund schools.
@@RB-yg7jw It's true that schools in wealthier areas tend to have more resources, better facilities, and higher paid teachers and staff. This can lead to higher quality education and better outcomes for students. However, it's important to remember that there are excellent schools in all areas, regardless of the wealth of the community.
@@RB-yg7jw most of the funding for school comes from local property taxes, so, yes, wealthier areas have better schools that they pay for themselves. A smaller portion of the funding does come from state taxes, in which case, the wealthier areas are actually also paying a larger portion towards education throughout the whole state as well.
So many missing I thought would be here. Used to live in Lake Zurich and never thought Hawthorn Woods would be here! Where's Barrington, Naperville, Northbrook, etc.?
Downtown Wilmette is my favorite spot including Evanston. I used to bike ride to Evanston, Kenilworth, Glencoe & Highland Park from Winnetka, me, my dad and hubsand did. My hubsand and I bike trail to Kenosha and we rode back to Winnetka.
It sounds like you've really made the most out of living in and exploring the North Shore! Biking through those beautiful suburbs like Wilmette, Evanston, and all the way to Kenosha must have been incredible. It’s great to hear how much you enjoy Downtown Wilmette-it really is a gem. Thanks for sharing your experiences; it's always inspiring to hear about the active and adventurous ways people engage with their local areas. Keep enjoying those rides!
@@ralphieandryan Yeah northern suburbs is still home even though I'm starting to love the Indiana Dunes more with my hubsand. He always takes me up there to see my parents up there in Winnetka because he knows that it's my childhood home and we love the Green Bay Bike trail.
Thanks for your comment! It's great to hear that you've enjoyed visiting these suburbs. It's no surprise that they are considered the wealthiest in the area, as they offer a great quality of life and plenty of amenities for their residents. We hope you'll continue to explore all that the suburbs have to offer!
Thanks for your comment! While Barrington Hills didn't make the list of 10 wealthiest Chicago suburbs, it is still a great place to live. It offers a beautiful countryside setting with plenty of amenities that make it a great option for families and retirees alike. Thanks again for your comment!
I remember Winnetka as the home of the fictitious Reed family from the TV show "Sisters." Circa 1991-1996 Alex, Frankie, Georgie, Teddy and eventually Charlie. They all had given "girl" names, but went by "boy" nicknames. I loved that show, but it's unfortunately not available to stream anywhere.
It's great that Winnetka holds a special memory for you from the TV show "Sisters." It's interesting how certain places can become associated with our favorite shows and characters. It's a shame the show isn't available to stream, but perhaps one day it might make a comeback. In the meantime, Winnetka continues to be a charming suburb with its own unique attractions. Thank you for sharing your connection to Winnetka and the show!
Low property taxes in Oak Brook? Well, where I live in IL has very high property taxes. IL is supposed to have one of the highest property taxes in the U.S.
Property taxes are local, not state. Every municipality has a different situation. Maybe Oak Brook has a mall to support the tax base? Their tax rate is probably half of what I pay in Berwyn, a shitty Cook County suburb that is wildly mismanaged, like most CC towns. Corruption has a cost.
Thanks for your comment and your appreciation! We're glad you found the video informative, and we hope it helps you learn more about the Chicago suburbs. We love highlighting the best of the best when it comes to the Chicago area, and we hope you enjoy exploring all the Windy City has to offer!
Cannot believe Lake Forest not on list. I lived in Hinsdale some years back and Lake Forest was much more desirable and expensive. Western Springs used to be more affordable but Hinsdale made it more desirable.
Thanks for your comment! The North Shore suburbs are indeed known for their wealth and affluence. However, there is much more to them than that. From beautiful beaches to recreation activities and a variety of cultural attractions, the North Shore suburbs have a lot to offer. Thanks again for your comment!
Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened. ❤️ Jesus
Thanks for your comment! It's great to hear that your uncle lives in Inverness - it's certainly one of the wealthiest suburbs of Chicago! It's a beautiful area with great amenities and a high quality of life. We hope you and your uncle have the opportunity to explore all that Inverness has to offer!
Thanks for your comment! It's great to hear that you have big dreams of living in one of the wealthiest Chicago suburbs. With the right dedication and hard work, it's definitely possible to achieve your goals. We're dedicated to helping our clients find their perfect home. Feel free to reach out to us if you need any assistance in finding your dream home. We wish you the best of luck in your search!
I've seen homes in Burr Ridge that destroy any of these mansions. There are gated communities there that (i believe) are mainly Asian(mostly indian) and are likely surgeons at the world renowned Chicago hospitals. Homes that are OBVIOUSLY custom built and look like they're from 2053. I only know this bcuz I used to work in that area and was privy to homeowners names. Hinsdale has a few mansions that are jaw dropping but Burr Ridge is crazy
Thanks for your comment and your insight! Burr Ridge is certainly a great option for those looking for luxurious homes, and it's no surprise that many of the homeowners there are high-profile and successful. It's great to hear that you've had the opportunity to witness some of the stunning homes in the area.
Thanks for your comment! Hawthorne Woods is a great suburb of Chicago with a lot to offer. It's a small, but affluent community with plenty of amenities, including easy access to great schools, shopping centers, and entertainment venues. We hope you'll take some time to explore all that the suburb has to offer!
Thanks for your comment! The 10 wealthiest Chicago suburbs are all within a 30-45 minute drive from the city, depending on traffic. Some of these suburbs, such as Winnetka and Glencoe, are even closer and can be reached in less than 30 minutes. Thanks again for your question!
You can take the Metra North line and get off at stops at many of them, plus some not mentioned that are also very wealthy like Lake Forest and Highland Park. Stay on it, and you can see how the other half lives in Waukegan and Kenosha.
Didn't realize so much of Chicago suburbs were so reasonably priced. Nothing unique here. I vote Glencoe. More defensible territory when the city folks come for you.
Thanks for your comment! Barrington is definitely a great suburb of Chicago, and while it didn't make it onto the list of 10 wealthiest suburbs, it still has plenty of great qualities to offer. From excellent schools to a strong job market and plenty of amenities, there are many reasons to consider Barrington as a place to call home. We hope you'll take some time to explore all that the suburb has to offer!
Thanks for your comment! It's great to hear that you have firsthand experience with some of the 10 wealthiest suburbs of Chicago. Many of these suburbs have large, luxurious homes and plenty of amenities that make them attractive places to live. We hope you enjoyed your time servicing these areas and that you continue to appreciate all that these suburbs have to offer!
I lived up north for 50 years & your prices are wayyyyy to low let alone your list.I moved 11 years ago to the beautiful mountains of TN which is a far better place to live.
Thank you for sharing your perspective and your experience of living up north for 50 years before moving to Tennessee. I understand that everyone has their own preferences and opinions when it comes to choosing a place to live. The video aimed to provide a list of the wealthiest Chicago suburbs based on certain criteria and available data. However, it's important to note that affordability and the cost of living can vary greatly between different regions and states. I'm glad to hear that you have found a place in Tennessee that you consider to be a far better place to live. Each location offers unique advantages and it's ultimately up to individuals to decide what suits their lifestyle and preferences best. Thank you for sharing your perspective, and I appreciate your contribution to the discussion.
@@joaquingonzalez8175 that depends on traffic. And it Still isn't a suburb. I have never heard anybody refer to it as a suburb, but rather as its own city (which is what it is). If you want further evidence, you can look it up.
Thanks for your comment! While Burr Ridge didn't make the list of the 10 wealthiest Chicago suburbs this year, it is still a great place to live. It offers a high quality of life, with plenty of amenities, great schools, and beautiful natural scenery. Thanks again for your comment!
Harvey? Dolton? Ford Heights? J/k... What about Libertyville? I haven't been back in Chicago in years , but I remember Vernon Hills was somewhat affluent , don't know what it's like now.
Thanks for your comment! Libertyville is a great suburb of Chicago, and it definitely deserves a spot on the list. As for Vernon Hills, it's still a great place to live and offers a lot of amenities and a great quality of life. We hope you enjoy your visit back to Chicago and take some time to explore all the great suburbs that the city has to offer!
I remember when Ford Heights was Chicago Heights. We'd drive through there with the doors locked and the windows rolled up. The Mob used to live in an area called "da Hill" which I bet was the safest neighborhood in the country. Good times man!
I still don't understand why rich people live in such a big mansion. Too big even for two families. Do they use all the rooms? cleaning is also difficult. My regards to Warren Buffett. He is very rich and still lives in his old house. He says that he is enough for himself and that he will complete his life there.
Thanks for your comment! It's true that some wealthy people choose to live in large mansions, but there are many other factors that go into the decision. Some people may choose to live in a large house for the extra space for family and friends, or for the prestige and status that it may bring. Others may choose to live in a simpler home to save money or to minimize their environmental impact. Everyone's situation is different, and it's ultimately up to the individual to decide what's best for them. Thanks again for your comment!
Thanks for your comment! While Antioch and Bannockburn are both great suburbs of Chicago, they didn't make the list of the 10 wealthiest suburbs. However, they still offer a great quality of life and plenty of amenities that make them attractive places to live. Thanks again for your comment!
Affording to live in wealthier suburbs can indeed be a concern for many individuals. The high cost of living in such areas is often associated with factors like desirable amenities, quality schools, proximity to urban centers, and overall higher income levels. However, it's important to note that affordability is relative and can vary based on individual circumstances and priorities. While living in the wealthiest suburbs may require a higher income or financial resources, there are several factors to consider when assessing affordability. First, it's essential to evaluate your personal budget, financial goals, and lifestyle preferences. You may find that certain compromises or adjustments can make living in these suburbs more feasible, such as exploring different housing options, considering commuting distances, or researching nearby areas that offer a similar quality of life at a more affordable cost. Additionally, it's worth noting that not everyone's goal is to live in the wealthiest suburbs. There are plenty of other neighborhoods and suburbs in the Chicago area that offer good amenities, quality of life, and a more affordable living experience. Ultimately, the key is to find a balance between your financial capabilities, lifestyle preferences, and long-term goals. If you have specific questions about the affordability of particular suburbs or need guidance on exploring alternative options, feel free to ask, and I'll be happy to provide you with more information.
Thanks for your comment! It's true that the wealthier suburbs of Chicago offer a great quality of life, with plenty of amenities and opportunities. However, there are many other great suburbs in the area that offer a great quality of life at a more affordable price. We hope you'll take some time to explore all the great suburbs Chicago has to offer!
What do you mean by "real"? It's not like these places are imaginary. They are real too. In fact, much of suburban area around Chicago is similar to this. South Chicago with half the houses abandoned and rampant shooting isn't something normal. That is an anomaly.
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This Housing market collapse might end up being a part of us for a very long time. With inflation currently at about 9%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
Appreciate this recommendation, hopefully I can get some insight to where the economy is headed and strategies to beat inflation with when I hear back from Sonya
He’s right on Kenilworth, Wilmette, Glencoe and Winnetka. The others, no. Add Lake Forest. Basically, just follow Sheridan and Green Bay.
I am 100% completely shocked that South Barrington is not on this list at all. It's quite literally a town of only mansions.
Wilmette is actually so posh and wealthy
What a beautiful area
Thanks for your comment! Wilmette is a beautiful area indeed, and it's no surprise that it made the list of the 10 wealthiest Chicago suburbs. It's a great place to live, with plenty of amenities and access to great schools, parks, and other attractions. Thanks for your appreciation of the area!
I grew up in Oakbrook when there was still some open land and even a farmhouse or two. I'd go to Oakbrook Shopping Center when it was more manageable......now, it's been added onto and is just crazy!! My grandfather put marble and tile in most of the mob homes.....so my sister and I would go into his tile room and do projects. Being italian, my nonna, grandfather, uncle and cousin lived on one side of the house, and my mom, dad, sister and I lived on the other. When we lived there we had 2 and a half acres, and had well water. It was a very big house, but it wasn't in a chichi subdivision (Ginger Creek) so it wasn't as elaborate as they were. We knew the Butlers (they pretty much WERE Oakbrook back then). The kids I rode the bus with were just handed money to go to the mall on saturdays....while I did yard work just to get money to go roller skating. I know what it is to work......sadly, a lot of kids now don't. I worked in Naperville and my husband was a process server doing mostly foreclosures. A subdivision near my work (medium wealthy) had one third of it's properties in foreclosure. They'd use credit cards as a source of income, and some of the houses he'd serve didn't even have furniture in them (what he could see from the door). I worked in the liquor dept. of a well known chain, and the husband's would come in around 6:30 or 7pm (after they got off the train from working in Chicago) and they'd buy booze and tums!! During the day, their wives would come in......never wearing the same outfit twice. Trust me, I'm not bitter, I've had money, and have not....but living so beyond your means is crazy. So is giving your kids everything and them not knowing the value of it......what happens when you're not around anymore, and they can't support themselves?? Lol, sorry, that was quite the rant.
👍 💯. I went to school
with the Butler children. I relate to all you say here. My parents were millionaires but divorced. I never knew it. 5 kids, a working mother, God, a working family and a whole lot of values took us through. I remember the "Red Devils" and went to Hinsdale Central" where the kids got porsches' for graduation...and suicides were rampant! I wonder why? RED DEVILS!! No thanks. That life is not for us. God and family through the tough times. Keep the fiat money. Most of theirs is laundered- no offense. So glad I moved away.
Oh yah...drugs are rampant in Oak Brook/Hinsdale-at least when I was a teen. Cocaine parties, heroine, alcohol...usually from their parents' bedrooms! Not my cup of tea!
Born and raised in Winnetka, went to New Trier when the high school was rated #1 in the United States for education and athletics in the 80s. Now days it’s more new money than old money… and a lot more entitlement.
You haven't lost that north shore chip eh Chris? Still judgy about your "#1 high school" and the next generation
@@mvygantas not judging, just stating the obvious. New money seems to come with an over abundance of entitlement and not appreciating what is in front of your face
The 80’s? Wasn’t is highest for suicides during that time?
Trevian Town. A lot different than Brightmoor.
They left off Northbrook, Lake Forest, Highland Park, Lake Bluff, Bannockburn, etc etc etc....
Thanks for your comment! We appreciate your feedback and your keen eye for detail. While Northbrook, Lake Forest, Highland Park, Lake Bluff, and Bannockburn didn't make the list of 10 Wealthiest Chicago Suburbs for 2022, they are certainly some of the wealthiest suburbs in the area. We hope you'll take some time to explore each of these suburbs and all they have to offer!
@@ralphieandryan I live in the northshore and have lived Burr ridge???? So I know from whence I speak ….no barrington hills either!
And Saint Charles, Geneva, Naperville, Wheaton, Glen Elynn, Elmhurst, La Grange...
Oak Park is also very expensive.
This is list is not correct you forgot south barrington
Kenilworth is not new. This is an old and old money suburb.
Thanks for your comment! You're right, Kenilworth is an old and established suburb with a long history. It's no surprise that it's one of the wealthiest suburbs in the Chicago area. We looked at a variety of factors when creating our list, including average household incomes and amenities, but we also wanted to make sure to include some of the more established suburbs in the Chicago area. Thanks again for your comment!
Exactly
@@ralphieandryanbut you said it’s new
I am surprised that Lake Forest and Highland Park are not on the list.
They aren’t that nice
Videos like yours make me miss Chicagoland! Fortunately, though, I found a nice but tiny neighborhood where I am... and it sort of reminds me of the better suburbs of Chicago (but with much worse summers and much easier winters).
Thanks for your comment! It's great to hear that you have fond memories of Chicagoland! It can be difficult to find a place that reminds us of home, but it sounds like you've found a great spot. We hope you're enjoying your new home.
@@ralphieandryan Thanks! Excellent, fun video! Grew up in Cook County loooong ago, before my family dragged me to Phoenix - but I moved back to Illinois in 2007 (to Mundelein, this time) but returned to Phoenix in 2009. Phoenix is mostly crappy lawn-less neighborhoods with cookie-cutter, cheaply built beige stucco cubes, no sidewalks, and scrawny half-dead trees. It is descript only in its non-descriptness. However, my current neighborhood has some mansions dating back to the early 1900's and tons of mid-century brick homes on sprawling green lots with HUGE trees. Still, I miss the Chicago 'burbs (and who doesn't love the Loop?). Good luck with your business!
I thought Naperville, Lake Forest and Barrington will make it to the list!
Especially Lake Forest.
South Barrington, Bull Valley.
Wealthiest does not necessarily equal most desirable. Both Naperville and Saint Charles have appeared on national “best suburbs” lists for decades now and they have a wider range of income levels living in town.
Thank you for your comment! We understand your point and appreciate your feedback. This video specifically focuses on the wealthiest Chicago suburbs in 2022, however, we do have other videos such as our Best Chicago Suburbs video which addresses the desirability of those suburbs. We appreciate you taking the time to comment and we look forward to providing you with more content in the near future that may better suit your needs. th-cam.com/video/QY2Ax7up-pg/w-d-xo.html th-cam.com/video/39FFWPplkaA/w-d-xo.html
Grew up in Hawthorn Woods now I live in Chicago. Whenever people ask what suburb I am from I typically say Lake Zurich because when I say Hawthorn woods they say where is that. Glad the little village is getting some recognition.
Thanks for your comment! It's great to hear that Hawthorn Woods is getting some recognition and that you're proud to call it home. It's true that some people may not be familiar with Hawthorn Woods, but that doesn't mean it's not a great place to live! It sounds like you have fond memories of growing up there and it's wonderful that you still hold it close to your heart. Thanks again for your comment!
As a rideshare driver, I have been there twice. Very beautiful town!
Moving there next year.
Have you been to Naperville? You will be surprised how much the houses worth in there
Essentially the North Shore.
Can’t believe Barrington Hills isn’t here.
Thanks for your comment! Barrington Hills is a great suburb of Chicago, and while it didn't make the list of 10 wealthiest suburbs, it still offers a great quality of life and plenty of amenities that make it an attractive place to live. Thanks again for your comment!
Missing a few here.
Lots alone sell for over $500000 ! Tiny little shack sell for over $750000!
I was just about to post the same sentiment
Barrington
Barrington Shores
Lake Barrington North Barrington
Are all great but it’s all new money
What about Highland Park or Lake Forest
Thanks for your comment! While Highland Park and Lake Forest didn't make the list of 10 wealthiest Chicago suburbs, they are still great options for those looking for a high quality of life. Both towns offer plenty of amenities, beautiful homes, and access to great schools and parks. Thanks again for your comment!
Highland Park is usually number one with education. Also another interesting factoid HP was the only northshore suburb that allowed Jews to settle in the 1860s.
Or Deerfield or Northbrook riverwoods?
Keep Lake Forest and Lake Bluff off these lists, please.
It’d be good to see the top 25, the top 5 rarely change just the order. I’m surprised Western Springs made the list which makes me curious about other western suburbs such as Clarendon Hills, Burr Ridge, LaGrange, Riverside, River Forest…. And other suburbs such as Lake Forest and highland park to north and Flossmoor to the south. Always a fun list nonetheless…
Thanks for your comment! It's great to see that you're curious about other suburbs in the area. We appreciate your feedback, and we'll definitely consider doing a list of the top 25 wealthiest suburbs Video. Thanks again for your suggestion!
@@ralphieandryan Lake Forest and Lake Bluff are full. Don't go there.
I was also curious to know where Lake Forest ranked.
There is a small section in Lemont that is very exclusive.
The big question for a retiree living here are the real estate taxes. That one bedroom in Oak Brook sounds like a steal.
Glad I grew up in Winnetka, I guess, but can't live there now!
Thanks for your comment! Winnetka is a great place to grow up, and it's no surprise that it's one of the wealthiest suburbs of Chicago. Even if you can't live there now, it's still a great place to visit and appreciate all that it has to offer. Thanks for sharing your experience with us!
Lake Forest?
I lived in Hawthorn Woods more 19 yrs ago. Love this area so much that we do not want to
any other area surroundings. My kid went to Freemont middle school and Stevenson Hs.
Thanks for your comment! It's great to hear that you have such fond memories of Hawthorn Woods. It's no surprise that so many people choose to stay in the area - it's a great place to raise a family, with access to excellent schools and plenty of amenities. We hope you'll continue to enjoy living in the area for many years to come!
I refuse to believe Western Springs is here but not Burr Ridge. Honestly doesn't make any sense. Everything else seems spot on.
Thanks for your comment! It's great to hear that you agree with the other nine suburbs on the list. Burr Ridge is a great suburb, but it didn't make the cut this year due to its slightly lower median household income. However, it's still a great place to live and we wouldn't hesitate to recommend it!
Burr Ridge? Please. Old money and old mansions. Western Springs has constant new construction and such a better lifestyle.
Another reason why I am so deeply in love with PIXIE ASMR, CHICAGO, ILLNOIS AND AMERICA!
“Chicago 6th best city in the world for the uber rich”, and “6th state with the most billionaires” and all you hear are people talking Chicago and Illinois down. What do these uber wealthy know that others don’t? It definitely helps explain some of the animosity of downstate IL towards Chicago and it’s wealthy collar counties which dominate state politics though. This list barely scratches the surface of upscale suburbs. As others have pointed out there’s Barrington and Barrington Hills, Burr Ridge, Lake Forest, Wheaton, Glen Ellyn, Naperville, Highland Park, to name a few. Chicagoland has a lot going for it. Great public transport by U.S. standards, Lake Michigan and its plentiful supply of fresh water, major sports teams, the city itself and all the cultural attractions, green space. 32 states have top state income tax brackets higher than ILs 4.95% but IL is a flat tax state which hits lower income people harder. IL does not tax retirement income. Property taxes are high almost by design as it is how schools are funded so wealthy people get better schools. Illinois was 37th in terms of crime rate per 100,000, and of the top 50 most violent cities in the U.S., Chicago ranked 31. Not great, and out of the 5 largest cities in the U.S. only Houston ranked higher, but perhaps not as bad as the news makes it seem. Illinois may be down, but it’s far from out.
Thanks for your comment and your insights! You make some great points about the many advantages of living in Chicagoland and why it's attractive to the uber-wealthy. Chicago and its surrounding suburbs have a lot going for it. It's true that the cost of living can be high, but there are also many other benefits to living in the area that make it worth considering. Thanks again for your comment!
The wealthy suburbs not only pay for their own schools, but the schools downstate. Here is a recommendation: move.
@@EdwardAndersen No need to move, I’m a happy IL native. However, do you agree with the premise? Are the schools generally better in wealthy areas? Better facilities, and equipment, higher paid teachers and staff? Success has its advantages and it’s how we have decided to fund schools.
@@RB-yg7jw It's true that schools in wealthier areas tend to have more resources, better facilities, and higher paid teachers and staff. This can lead to higher quality education and better outcomes for students. However, it's important to remember that there are excellent schools in all areas, regardless of the wealth of the community.
@@RB-yg7jw most of the funding for school comes from local property taxes, so, yes, wealthier areas have better schools that they pay for themselves. A smaller portion of the funding does come from state taxes, in which case, the wealthier areas are actually also paying a larger portion towards education throughout the whole state as well.
So many missing I thought would be here. Used to live in Lake Zurich and never thought Hawthorn Woods would be here! Where's Barrington, Naperville, Northbrook, etc.?
Interesting. No Lincolnshire, Barrington or Lake Forrest?
Downtown Wilmette is my favorite spot including Evanston. I used to bike ride to Evanston, Kenilworth, Glencoe & Highland Park from Winnetka, me, my dad and hubsand did. My hubsand and I bike trail to Kenosha and we rode back to Winnetka.
It sounds like you've really made the most out of living in and exploring the North Shore! Biking through those beautiful suburbs like Wilmette, Evanston, and all the way to Kenosha must have been incredible. It’s great to hear how much you enjoy Downtown Wilmette-it really is a gem. Thanks for sharing your experiences; it's always inspiring to hear about the active and adventurous ways people engage with their local areas. Keep enjoying those rides!
@@ralphieandryan Yeah northern suburbs is still home even though I'm starting to love the Indiana Dunes more with my hubsand. He always takes me up there to see my parents up there in Winnetka because he knows that it's my childhood home and we love the Green Bay Bike trail.
Interesting. I was sure Lake Forest and Naperville would have made the list.
Lake forest and the Barrington area could be on this list. Barrington Hills is a minimum 5 acre build town.
I miss Hinsdale 😊
I’ve always enjoyed visiting many of these suburbs. I knew that they were wealthy but I didn’t know that they were this wealthy!
Thanks for your comment! It's great to hear that you've enjoyed visiting these suburbs. It's no surprise that they are considered the wealthiest in the area, as they offer a great quality of life and plenty of amenities for their residents. We hope you'll continue to explore all that the suburbs have to offer!
We were poor - I went to Downers South when the White Album came out and Ron Santo played 3rd base.
You guys missed Barrington Hills
Thanks for your comment! While Barrington Hills didn't make the list of 10 wealthiest Chicago suburbs, it is still a great place to live. It offers a beautiful countryside setting with plenty of amenities that make it a great option for families and retirees alike. Thanks again for your comment!
And what about Lake Forest???
What about Burr Ridge?
Burr Ridge is nice! What info would you like to see?
I remember Winnetka as the home of the fictitious Reed family from the TV show "Sisters." Circa 1991-1996
Alex, Frankie, Georgie, Teddy and eventually Charlie. They all had given "girl" names, but went by "boy" nicknames.
I loved that show, but it's unfortunately not available to stream anywhere.
It's great that Winnetka holds a special memory for you from the TV show "Sisters." It's interesting how certain places can become associated with our favorite shows and characters. It's a shame the show isn't available to stream, but perhaps one day it might make a comeback. In the meantime, Winnetka continues to be a charming suburb with its own unique attractions. Thank you for sharing your connection to Winnetka and the show!
Low property taxes in Oak Brook? Well, where I live in IL has very high property taxes. IL is supposed to have one of the highest property taxes in the U.S.
I live in Bensenville, far from richest suburb and yet our taxes are $15K yr
Property taxes are local, not state. Every municipality has a different situation. Maybe Oak Brook has a mall to support the tax base? Their tax rate is probably half of what I pay in Berwyn, a shitty Cook County suburb that is wildly mismanaged, like most CC towns. Corruption has a cost.
Try NJ…insane property taxes, likewise in Illinois. Albeit property taxes are locally governed, the whole state is nutty with taxes.
Offer up finna be lit!!! Get them zip codes bruvs.
Ladies and Gentlemen: a classic Chicago midwest aaaccent.
great video. just found it and have family there but they all pay too much in property taxes at 2.14%.
I am a native Chicago girl, this is very informative.
Thanks for your comment and your appreciation! We're glad you found the video informative, and we hope it helps you learn more about the Chicago suburbs. We love highlighting the best of the best when it comes to the Chicago area, and we hope you enjoy exploring all the Windy City has to offer!
Great video!
Thank you so much!
Saint Charles??? Barrington??? Lake Forest????
Cannot believe Lake Forest not on list. I lived in Hinsdale some years back and Lake Forest was much more desirable and expensive. Western Springs used to be more affordable but Hinsdale made it more desirable.
The folks in the North coast suburbs are Hail fellows-Wilmette.
Thanks for your comment! The North Shore suburbs are indeed known for their wealth and affluence. However, there is much more to them than that. From beautiful beaches to recreation activities and a variety of cultural attractions, the North Shore suburbs have a lot to offer. Thanks again for your comment!
That’s why I never heard of half of these because they are all northern suburbs
It’s some nice places down on Sheridan
It’s some places that look like cali. It reminded me of calicoes LOL
The punitive Cook County property taxes must be criminally high
Hilarious
What happened to the town of Lake Forest?
My Favorite area Chicago
No Glenview, Lake Forest, Highland Park, Lake Bluff, Bull Valley?
My mansion in oak Brook in Jesus name thank you God
Ask and it will be given to you; seek and you will find; knock and the door will be opened to you. For everyone who asks receives; the one who seeks finds; and to the one who knocks, the door will be opened. ❤️ Jesus
Where is Wheaton? Barrington Hills?
Wheaton is located approximately 25 miles west of Chicago in DuPage county.
I'm surprised Highland Park is not on the list.
Streamwood, elgin? That's where I'm from
I'm surprised Burr Ridge didn't make the cut
My uncle lives in Inverness.
Thanks for your comment! It's great to hear that your uncle lives in Inverness - it's certainly one of the wealthiest suburbs of Chicago! It's a beautiful area with great amenities and a high quality of life. We hope you and your uncle have the opportunity to explore all that Inverness has to offer!
Ahem! Uh, Lake Forest.
I claim living in one of these suburbs one day.
Thanks for your comment! It's great to hear that you have big dreams of living in one of the wealthiest Chicago suburbs. With the right dedication and hard work, it's definitely possible to achieve your goals. We're dedicated to helping our clients find their perfect home. Feel free to reach out to us if you need any assistance in finding your dream home. We wish you the best of luck in your search!
I've seen homes in Burr Ridge that destroy any of these mansions. There are gated communities there that (i believe) are mainly Asian(mostly indian) and are likely surgeons at the world renowned Chicago hospitals. Homes that are OBVIOUSLY custom built and look like they're from 2053.
I only know this bcuz I used to work in that area and was privy to homeowners names. Hinsdale has a few mansions that are jaw dropping but Burr Ridge is crazy
Thanks for your comment and your insight! Burr Ridge is certainly a great option for those looking for luxurious homes, and it's no surprise that many of the homeowners there are high-profile and successful. It's great to hear that you've had the opportunity to witness some of the stunning homes in the area.
I’ve never heard of Hawthorne woods tbh ,
Thanks for your comment! Hawthorne Woods is a great suburb of Chicago with a lot to offer. It's a small, but affluent community with plenty of amenities, including easy access to great schools, shopping centers, and entertainment venues. We hope you'll take some time to explore all that the suburb has to offer!
Hmm, should of incorporated some Chicago neighborhoods.
Lake forest
I bought a Ferrari from a guy who lived in Glen Ellyn and he had it serviced at Continental Autosports in Hinsdale.
Top 10 should be all the north shore suburbs.
What about Hikory Hill ?
Half right
my home state
Hi. I grew up in Chicago until the 80's. How far by car are these areas from Chicago?
Thanks for your comment! The 10 wealthiest Chicago suburbs are all within a 30-45 minute drive from the city, depending on traffic. Some of these suburbs, such as Winnetka and Glencoe, are even closer and can be reached in less than 30 minutes. Thanks again for your question!
You can take the Metra North line and get off at stops at many of them, plus some not mentioned that are also very wealthy like Lake Forest and Highland Park. Stay on it, and you can see how the other half lives in Waukegan and Kenosha.
Naperville???
Didn't realize so much of Chicago suburbs were so reasonably priced. Nothing unique here. I vote Glencoe. More defensible territory when the city folks come for you.
What about lake forest ?
barrington?
Thanks for your comment! Barrington is definitely a great suburb of Chicago, and while it didn't make it onto the list of 10 wealthiest suburbs, it still has plenty of great qualities to offer. From excellent schools to a strong job market and plenty of amenities, there are many reasons to consider Barrington as a place to call home. We hope you'll take some time to explore all that the suburb has to offer!
Lincoln Park..?
its.... its not a suburb 🤣🤣
@@jeffjones3145 good point...
I used to service majority of these suburbs an they are rich areas huge properties
Thanks for your comment! It's great to hear that you have firsthand experience with some of the 10 wealthiest suburbs of Chicago. Many of these suburbs have large, luxurious homes and plenty of amenities that make them attractive places to live. We hope you enjoyed your time servicing these areas and that you continue to appreciate all that these suburbs have to offer!
Where do you rank Elmhurst?
I lived up north for 50 years & your prices are wayyyyy to low let alone your list.I moved 11 years ago to the beautiful mountains of TN which is a far better place to live.
Thank you for sharing your perspective and your experience of living up north for 50 years before moving to Tennessee. I understand that everyone has their own preferences and opinions when it comes to choosing a place to live. The video aimed to provide a list of the wealthiest Chicago suburbs based on certain criteria and available data. However, it's important to note that affordability and the cost of living can vary greatly between different regions and states.
I'm glad to hear that you have found a place in Tennessee that you consider to be a far better place to live. Each location offers unique advantages and it's ultimately up to individuals to decide what suits their lifestyle and preferences best. Thank you for sharing your perspective, and I appreciate your contribution to the discussion.
Barrington ? 🤷♂️
Barrington is nice! Maybe we can create a specific spotlight video just for Barrington?
What about Barrington??
Lake Forest did not make the list?
The house prices are a joke considering what we pay in the northeast.
Why isn’t Rockford on here?
Not a suburb, it’s actually nowhere near being a suburb. It’s 2 hours away
@@tgp0171 it’s an hour 25 lol
@@joaquingonzalez8175 that depends on traffic. And it Still isn't a suburb. I have never heard anybody refer to it as a suburb, but rather as its own city (which is what it is). If you want further evidence, you can look it up.
i think 8175 is kidding
Burr Ridge?
Thanks for your comment! While Burr Ridge didn't make the list of the 10 wealthiest Chicago suburbs this year, it is still a great place to live. It offers a high quality of life, with plenty of amenities, great schools, and beautiful natural scenery. Thanks again for your comment!
Harvey?
Dolton?
Ford Heights?
J/k...
What about Libertyville?
I haven't been back in Chicago in years , but I remember Vernon Hills was somewhat affluent , don't know what it's like now.
Thanks for your comment! Libertyville is a great suburb of Chicago, and it definitely deserves a spot on the list. As for Vernon Hills, it's still a great place to live and offers a lot of amenities and a great quality of life. We hope you enjoy your visit back to Chicago and take some time to explore all the great suburbs that the city has to offer!
You forgot Robbins on your J/K list. Robbins is the one place that could give Ford Heights a run for its money.
I remember when Ford Heights was Chicago Heights. We'd drive through there with the doors locked and the windows rolled up. The Mob used to live in an area called "da Hill" which I bet was the safest neighborhood in the country. Good times man!
Dude River Forest
I still don't understand why rich people live in such a big mansion. Too big even for two families. Do they use all the rooms? cleaning is also difficult. My regards to Warren Buffett. He is very rich and still lives in his old house. He says that he is enough for himself and that he will complete his life there.
Thanks for your comment! It's true that some wealthy people choose to live in large mansions, but there are many other factors that go into the decision. Some people may choose to live in a large house for the extra space for family and friends, or for the prestige and status that it may bring. Others may choose to live in a simpler home to save money or to minimize their environmental impact. Everyone's situation is different, and it's ultimately up to the individual to decide what's best for them. Thanks again for your comment!
@@ralphieandryan Thank you, you explained it well.
Antioch? Bannockburn?
Thanks for your comment! While Antioch and Bannockburn are both great suburbs of Chicago, they didn't make the list of the 10 wealthiest suburbs. However, they still offer a great quality of life and plenty of amenities that make them attractive places to live. Thanks again for your comment!
I’m surprised Barrington wasn’t on your list.
Not Barrington, South Barrington is where the $$ are
@@raleighmann3368 totally agree I lived right by Barrington Hills and it’s nothing compared to S.B
Is any of this near the Gold Coast.
No
Where do all the workers live?
How can one afford to live here ?!
Affording to live in wealthier suburbs can indeed be a concern for many individuals. The high cost of living in such areas is often associated with factors like desirable amenities, quality schools, proximity to urban centers, and overall higher income levels. However, it's important to note that affordability is relative and can vary based on individual circumstances and priorities.
While living in the wealthiest suburbs may require a higher income or financial resources, there are several factors to consider when assessing affordability. First, it's essential to evaluate your personal budget, financial goals, and lifestyle preferences. You may find that certain compromises or adjustments can make living in these suburbs more feasible, such as exploring different housing options, considering commuting distances, or researching nearby areas that offer a similar quality of life at a more affordable cost.
Additionally, it's worth noting that not everyone's goal is to live in the wealthiest suburbs. There are plenty of other neighborhoods and suburbs in the Chicago area that offer good amenities, quality of life, and a more affordable living experience.
Ultimately, the key is to find a balance between your financial capabilities, lifestyle preferences, and long-term goals. If you have specific questions about the affordability of particular suburbs or need guidance on exploring alternative options, feel free to ask, and I'll be happy to provide you with more information.
Become a business owner. I'm moving to one of these areas next year. It's possible. Even you can do it. Everyone can be rich.
The entire north shore….
Prairie View?
Must be nice!
Thanks for your comment! It's true that the wealthier suburbs of Chicago offer a great quality of life, with plenty of amenities and opportunities. However, there are many other great suburbs in the area that offer a great quality of life at a more affordable price. We hope you'll take some time to explore all the great suburbs Chicago has to offer!
I’m from Chicago, never got to experience that quality of living!
Ummmm…. Barrington? South, North, Hills?
So whyte ppl are the only ones rich & have money, cause what he said at Wilmette
Respectfully, get your head out of your ass.
Real Chicago is the South side and south suburbs . These areas are too sterile.
What do you mean by "real"? It's not like these places are imaginary. They are real too. In fact, much of suburban area around Chicago is similar to this. South Chicago with half the houses abandoned and rampant shooting isn't something normal. That is an anomaly.
Exactly Chicago gets the flavor from the south side... We like 2 cities in one
Jewish (Khazars) money.
now all the bad people in chicago know where to go when sht hits the fan
What about Palos Park or Tinley Park il?