10 Wealthiest Neighborhoods in the United States
4) Ho-Ho-Kus Borough, NJ
In 2011, New Jersey Monthly magazine named Ho-Ho-Kus Borough as the best town to live in in New Jersey. This is because of its low crime, excellent schools, proximity to high-profile urban areas (such as New York City), and of course its affluence. Residents of this borough have a surprisingly relaxed and quiet retreat as stunning early 20th century homes lay hidden among large wooded plots of land. With a small-town life, residents enjoy the best of both worlds as the proximity to shopping and the bustle of city life is only a short distance away.
The population of Ho-Ho-Kus is just under 5,000, with a median household income of $165,827 and average home values of $775,000. The borough has an exceptionally low poverty level, with the majority of its residents being considered upper class or middle upper class.
With its proximity to several urban areas, Ho-Ho-Kus is a popular area for finance and business leaders such as David Duffield who has founded numerous companies, notably PeopleSoft.
