Money

The most expensive suburbs of America's 10 biggest cities

Paradise Valley, AZ
David C Tomlinson | Getty Images
Paradise Valley, AZ

It's no surprise that big cities like New York, Los Angeles and Chicago are home to high earners — but they're not the only places where wealthy individuals settle down.

Residential real-estate firm Engel & Völkers took a look at the most expensive areas surrounding America's 10 largest cities.

"These suburbs from Bronxville to Los Altos Hills provide a revealing snapshot of the nation's luxury real-estate marketplace outside of the cities that are normally at the top of the nation's wealthiest lists," Engel & Völkers CEO Anthony Hitt told CNBC.

After identifying the 10 most-populated U.S. cities from census data, the firm determined the priciest suburbs based on median home price.

Here, we've listed the cities — in ascending order of population, from the U.S. Census Bureau — and the most expensive suburb of each one. We also included the median home price, provided by Engel & Völkers, and the median household income in each suburb, from census data.

10. San Jose, California: Los Altos Hills

Population of San Jose: 1.03 million

Median home price in Los Altos Hills: $3.45 million

Median household income in Los Altos Hills: $224,270

Los Altos Hills, California
Jewel Samad | AFP | Getty Images
Los Altos Hills, California

9. Dallas, Texas: Westlake

Population of Dallas: 1.3 million

Median home price in Westlake: $2 million

Median household income in Westlake: $250,000

Westlake, Texas
Robert Daemmrich Photography Inc | Corbis | Getty Images
Westlake, Texas

8. San Diego, California: Rancho Santa Fe

Population of San Diego: 1.39 million

Median home price in Rancho Santa Fe: $2.12 million

Median household income in Rancho Santa Fe: $101,250

Rancho Santa Fe, California
Mike Blake | Reuters
Rancho Santa Fe, California

7. San Antonio, Texas: Terrell Hills

Population of San Antonio: 1.47 million

Median home price in Terrell Hills: $1.32 million

Median household income in Terrell Hills: $127,589

Terrell Hills, Texas
Source: Google Earth
Terrell Hills, Texas

6. Phoenix, Arizona: Paradise Valley

Population of Phoenix: 1.56 million

Median home price in Paradise Valley: $1.1 million

Median household income in Paradise Valley: $134,097

Paradise Valley, AZ
David C Tomlinson | Getty Images
Paradise Valley, AZ

5. Philadelphia, Pennsylvania: Bryn Mawr

Population of Philadelphia: 1.57 million

Median home price in Bryn Mawr: $760,300

Median household income in Bryn Mawr: $61,797

Bryn Mawr, Pennsylvania
Source: Google Earth

4. Houston, Texas: Southside Place

Population of Houston: 2.3 million

Median home price in Southside Place: $1.25 million

Median household income in Southside Place: $141,250

Southside Place, Texas
Source: Google Earth
Southside Place, Texas

3. Chicago, Illinois: Glencoe

Population of Chicago: 2.72 million

Median home price in Glencoe: $1.3 million

Median household income in Glencoe: $171,250

Autumn at the Chicago Botanic Garden in Glencoe, Illinois
Getty Images
Autumn at the Chicago Botanic Garden in Glencoe, Illinois

2. Los Angeles, California: Bel Air

Population of Los Angeles: 3.97 million

Median home price of Bel Air: $3.45 million

Median household income of Bel Air: $207,938

Bel Air, California
Getty Images
Bel Air, California

1. New York, New York: Bronxville

Population of New York: 8.55 million

Median home price in Bronxville: $2.33 million

Median household income in Bronxville: $193,333

Bronxville, New York
Source: Google Earth
Bronxville, New York