Washington DC, the nation’s capital, is not only the political hub of the United States but also a vibrant city known for its amazing public transport, diverse culture, and thriving economy. Home to iconic landmarks such as the White House, the National Mall, and numerous museums, Washington DC offers something for everyone. Beyond its famous attractions, DC is also known for its affluent neighborhoods that boast luxury living at its finest.
Living in the richest neighborhoods in DC offers both elegance and convenience. These areas, characterized by tree-lined streets, proximity to downtown Washington, and beautiful, spacious homes, provide residents with an incredible quality of life. The most expensive neighborhoods in DC offer wonderful amenities, from high-end shopping and dining options to some of the best schools in the country. Safety is also a significant advantage, with these areas consistently ranking among the safest neighborhoods in Washington DC.
It’s important to note the distinction between being rich and being wealthy. While being rich often refers to a high income, being wealthy encompasses having substantial assets and savings. The neighborhoods we will discuss will epitomize this wealth, reflected in not only the residents’ income but also in their significant property holdings.
Join us as we explore the richest neighborhoods in Washington DC. Our data on population and household incomes is sourced from the US Census, and all housing information is provided by Redfin.
Table of Contents
Spring Valley | The Richest Neighborhood in Washington DC
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Spring Valley stands out as the most expensive neighborhood in Washington DC, offering unparalleled luxury living. With a median household income of $242,700 and median home prices soaring to $1.88 million, Spring Valley is the epitome of affluence. This is one of the most sought-after areas in DC and is renowned for its grand, spacious homes, many of which are gated and equipped with security. Spring Valley is a popular location for diplomatic residences and houses the ambassadorial residences of countries such as South Korea, Croatia, Canada, Chile, and Yemen.
Historically, Spring Valley has attracted notable figures, including former presidents Lyndon B. Johnson and George H. W. Bush, as well as investment mogul Warren Buffet. Its prime location offers convenient access to upscale shopping, dining, and top-tier schools, making it a highly desirable place to live. The neighborhood’s tree-lined streets and cozy environment further enhance its charm, solidifying Spring Valley’s reputation as the richest neighborhood in Washington DC.
- Spring Valley population: 702
- Spring Valley median household income: $242,700
- Spring Valley average home price: $1.88 million
- Spring Valley homes for sale
Cleveland Park | Expensive Neighborhood in DC Popular Among Families
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Cleveland Park, one of Washington DC’s richest neighborhoods, is known for its historic charm and family-friendly atmosphere. This elegant area is characterized by its late 19th-century homes and the iconic Art Deco Uptown Theater. Situated between Woodley Park and the Washington National Cathedral, Cleveland Park offers convenient access to various historic sites and cultural attractions.
Families are particularly drawn to this neighborhood for its prestigious educational institutions, such as the Washington International School’s Tregaron Campus. The neighborhood’s proximity to the Smithsonian National Zoological Park adds to its appeal, offering residents easy access to one of the city’s most popular attractions. With its beautiful townhouses and quiet streets, Cleveland Park is one of the best neighborhoods in the nation’s capital.
- Cleveland Park population: 2,921
- Cleveland Park median household income: $181,400
- Cleveland Park average home price: $633,000
- Cleveland Park homes for sale
Georgetown | Affluent Neighborhood With Leafy Streets and Vibrant Social Scene
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Georgetown, one of the most expensive neighborhoods in Washington DC, is steeped in historical significance and offers an opulent lifestyle. Home to the prestigious Georgetown University, the area is known for its charming cobblestone streets and upscale boutiques. The neighborhood’s prime location along the Potomac River provides stunning waterfront views and recreational opportunities. When living in this lavish area on Embassy Row, you’ll find several different housing options. In this area, you’ll find everything from single-family homes to elegant townhouses to luxurious apartments and condos. According to RentCafe, the average rent in Georgetown is around $1,861 per month.
Residents of Georgetown can enjoy convenient access to other prominent areas of the city, including Rock Creek Park, Downtown Washington, and Dupont Circle. The proximity to George Washington University, Woodley Park, Connecticut Avenue, and Massachusetts Avenue Heights enhances its appeal.
- Georgetown population: 3,162
- Georgetown median household income: $171,900
- Georgetown average home price: $1.4 million
- Georgetown homes for sale
Chevy Chase | One of the Richest Neighborhoods in Washington DC
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Chevy Chase, one of the richest DC neighborhoods, offers luxury living just outside of the bustling city life. Bordering Chevy Chase, Maryland, this area is known for its beautiful houses with spacious yards, providing a tranquil suburban atmosphere. As one of the wealthiest neighborhoods in DC, several prosperous millionaires call this area home. The neighborhood features stately homes that range anywhere from $300,000 to $3 million.
Chevy Chase is located in a convenient location with easy access to Rock Creek Park, perfect for outdoor activities and nature walks. The area also boasts a variety of upscale shops and dining options at places like Junction Bistro and The Capital Grille. Nearby Woodley Park and other princely districts are just a short drive away, allowing residents to enjoy both suburban and city life.
- Chevy Chase population: 3,051
- Chevy Chase median household income: $168,900
- Chevy Chase average home price: $1.5 million
- Chevy Chase homes for sale
American University Park | One of the Wealthiest Neighborhoods in DC Featuring Large Homes Spacious Yards
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American University Park, commonly known as AU Park, is an expansive neighborhood in the Northwest quadrant of Washington DC, situated along the Maryland border. Known for its historic charm, AU Park consists almost entirely of single-family homes, showcasing a wide variety of architectural styles. Many of these homes have been modified or expanded since the 1930s, preserving the area’s historic architecture while offering modern amenities.
The neighborhood’s tree-lined streets create a serene environment, making it one of the most expensive neighborhoods in DC. Residents have easy access to Battery Kemble Park and Wisconsin Avenue, which offers a wide array of local shops and restaurants. Nearby Woodley Park is also just a short walk or drive away. When living in the area, make sure you check out attractions like Turtle Park, Friendship Gardens, and the American University Museum at the Katzen Arts Center.
- American University Park population: 2,333
- American University Park median household income: $152,500
- American University Park average home price: $1.7 million
- American University Park homes for sale
Wesley Heights | One of the Most Expensive Neighborhoods in Washington DC With Beautiful Houses
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Wesley Heights is one of the wealthiest neighborhoods in Washington DC, and boasts a median household income of $150,400, which is significantly higher than the city average of $101,722. This small, affluent neighborhood is almost entirely residential, featuring some of the most expensive homes in DC, with a median home price of $2.2 million. In this area, you’ll find stately mansions and single-family homes, and the area is well-known for its historic architecture.
Despite its quiet charm, Wesley Heights enjoys a strategic location close to Downtown DC attractions such as the National Zoo, Battery Kemble Park, and Glover Archbold Park. The neighborhood’s proximity to a metro station and prestigious schools such as American University and Horace Mann Elementary School adds to its appeal, making it a great choice for families and professionals. As the wealthiest neighborhood in DC, Wesley Heights is a perfect place to settle down.
- Wesley Heights population: 1,354
- Wesley Heights median household income: $150,400
- Wesley Heights average home price: $2.2 million
- Wesley Heights homes for sale
Forest Hills | One of the Wealthiest Neighborhoods in Washington DC With Plenty of Green Space
When it comes to rich neighborhoods in Washington DC, Forest Hills is at the top of the list. Forest Hills is one of DC’s most diverse neighborhoods and is located in Northwest DC. The neighborhood is notable for its large Jewish population, which contributes to a vibrant community life with numerous cultural events throughout the year. Forest Hill is known for its tree-lined streets, natural beauty, and ample green space provided by Soapstone Valley Park and Lennean Park.
Although most of Forest Hills comprises single-family homes, several apartment complexes line Connecticut Avenue, such as The Saratoga Apartments, Park Van Ness, and Ellicott House. According to RentCafe, the average rent in Forest Hills is $2,431, reflecting its status as a rich neighborhood in DC.
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- Forest Hills population: 2,285
- Forest Hills median household income: $145,000
- Forest Hills average home price: $510,000
- Forest Hills homes for sale
U Street | Top Contender for the Most Expensive Neighborhood in Washington DC
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The U Street Corridor is also known as Greater U Street or Cardozo and is one of the most expensive neighborhoods in DC. Known for its nightlife and entertainment scene, U Street is one of the most popular rich neighborhoods in DC among young professionals. Some popular clubs in the area include the 9:30 Club and Privilege DC Nightclub. The neighborhood also holds a prominent place in the country’s African American heritage and is home to the African American Civil War Museum.
The neighborhood is home to dozens of beautiful row houses that add to the historic charm of the city. With a median home price of $613,000, U Street ranks among the more affluent areas of DC. Its strategic location provides easy access to other notable neighborhoods, including Dupont Circle and Union Market.
- U Street population: 1,452
- U Street median household income: $126,300
- U Street average home price: $613,000
- U Street homes for sale
Capitol Hill | One of the Most Expensive Neighborhoods in DC Located in the Downtown Area
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Known for its plush lifestyle and historic significance, Capitol Hill is one of the richest neighborhoods in Washington DC. Known as the epicenter of the United States government, Capitol Hill is home to institutions like the US Congress, the Supreme Court, and the Library of Congress. Beyond its government buildings, Capitol Hill is largely residential. The area features a variety of housing options, including apartments, condos, and single-family homes. The convenient housing and historic charm make the neighborhood a popular place to live for young professionals working in government.
Capitol Hill boasts several commercial hubs, particularly among Pennsylvania Avenue, such as Eastern Market and Barracks Row, which offer shopping and dining opportunities. This area is very walkable, providing easy access to Downtown Washington and nearby neighborhoods and communities like Dupont Circle, Logan Circle, Connecticut Avenue, and Embassy Row.
- Capitol Hill population: 7,676
- Capitol Hill median household income: $122,700
- Capitol Hill average home price: $885,000
- Capitol Hill homes for sale
Bloomingdale | Luxurious and Expensive Neighborhood in DC
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Bloomingdale is situated in Northwest Washington DC and is a primarily residential neighborhood known for its historic row houses and tight-knit community atmosphere. The neighborhood features a small commercial center near Rhode Island Avenue and First Street NW, offering a variety of bars, food markets, and restaurants like Showtime Lounge and The Red Hen.
When living in the area, you can explore the beautiful streets lined with Victorian-style row houses or take a stroll through nearby Rock Creek Park for outdoor recreation. The neighborhood hosts community events and festivals throughout the year, fostering a strong sense of community among its residents.
- Bloomingdale population: 1,289
- Bloomingdale median household income: $117,800
- Bloomingdale average home price: $450,000
- Bloomingdale homes for sale
Map of Richest Neighborhoods in Washington DC
Now that you know all of the richest neighborhoods in Washington DC, where will you be settling down? The most expensive neighborhoods in DC offer wonderful amenities, a strong sense of community, and a feeling of safety and security. Once you have found the neighborhood that fits your lifestyle, get in touch with the Washington DC movers at Suburban Solutions. For over nine years, our dedicated team has been providing service to happy customers in the DC area and beyond. Give us a call today at (301) 928-8669 to discuss your move and get started with a free quote.
