5 of America’s wealthiest suburbs are just outside Boston, study finds

Massachusetts is home to some of the richest suburbs in America, according to a new study.

Personal finance website GoBankingRates.com recently put out a ranking of the Top 50 wealthiest suburbs in the country, based on average household income data from 2023. Five of the communities making the list are suburbs of Boston.

The town of Wellesley, which is about 15 miles outside of Boston, is 10th on the list. The average household income in Wellesley is $368,179. The average home value in town for May 2025 was $2,079,414…

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