In addition to its vibrant history, world-class entertainment, and diverse local cuisine, Atlanta is also home to an abundance of wealthy communities. Our report on the eight richest neighborhoods in Atlanta will guide you to the city’s most luxurious areas.
hash-mark8 Richest Neighborhoods in Atlanta
- Tuxedo Park
- Chastain Park
- Argonne Forest
- Morningside-Lenox Park
- Peachtree Park
- Anslee Park
- Candler Park
- Druid Hills
hash-mark1. Tuxedo Park
Tuxedo Park is the richest neighborhood in Atlanta. Situated in north-central Buckhead, Tuxedo Park was originally a series of woods and farmland in the early 20th century. Today, this affluent neighborhood is perfect for those who prefer a luxury area with historic mansions, gated communities, and picturesque landscaping. Additionally, the Tuxedo Park Civic Association is known for its social events and private security team, which helps keep the neighborhood tight-knit and safe. Home prices in Tuxedo Park averaged $2.51 Million in 2022, making it the premier choice for luxury living within the Atlanta city limits.
hash-mark2. Chastain Park
Chastain Park is another one of Atlanta’s wealthiest neighborhoods. Those who have visited this area already know that its community is filled with active residents who enjoy jogging, golf cart rides, and beautiful green spaces. The neighborhood is also home to a thriving civic association, which is dedicated to maintaining an abundance of local amenities and events. And, of course, the crown jewel of this neighborhood is Chastain Park, beloved for its tennis courts, walking trails, playgrounds, softball fields, and more. With home prices in this area averaging around $1.79 Million, Chastain Park is a rich area for those who pursue an active lifestyle.
hash-mark3. Argonne Forest
The third-richest neighborhood in Atlanta is Argonne Forest. Developed in the 1950s, this prominent area is known for its enormous lots, stunning estates, and desirable location close to West Paces Ferry Road. The area is also coveted for its acclaimed public and private school systems, proximity to popular shopping districts, and ample local entertainment. Additionally, the neighborhood is home to less than 600 residents, which gives locals a sense of privacy that is difficult to find in the big city. Home prices in Argonne Forest average $1.71 Million, making it the overall second-most expensive area to live in Atlanta.
hash-mark4. Morningside-Lenox Park
Located northeast of downtown Atlanta is Morningside-Lenox Park, an area well-known for wealth and affluence. This highly-rated district is home to beautiful historic architecture, a walkable layout, and close proximity to lots of high-end retailers and local entertainment. The neighborhood also has a generous selection of parks, walking paths, community gardens, and farmer’s markets, which make it ideal for anyone interested in a healthy, active lifestyle. And, with overall crime rates in this area nearly half the Atlanta average, Morningside-Lenox Park is also one of the safest areas to live in the bug city. Home prices in this area average $1.08 Million, keeping this a well-rounded area for Atlanta’s upper echelon.
hash-mark5. Peachtree Park
Peachtree Park is a rich neighborhood nestled in the heart of central Buckhead. This area is ideal for those who prefer luxury homes in various architectural styles and features roughly 550 residences across 13 streets. From Tudor-style cottages to towering traditional estates, each home has its own unique design, and residents will find something for everyone. The neighborhood is quiet and friendly, with tree-lined streets that attract an abundance of outdoor enthusiasts like walkers, joggers, and bicyclists. Home prices in this area average at $893k, making it a well-rounded option for wealthy families who prefer a more private residence.
hash-mark6. Ansley Park
Ansley Park is one of the richest residential districts in Atlanta. Located between Midtown and Piedmont Park, Ansley Park was Atlanta’s first suburban neighborhood designed for automobile use. As such, it features wide, winding roads and beautiful greenspaces that are in stark contrast to the grid-like road patterns found in other parts of the city. The main intention behind building Ansley Park was to create a beautiful neighborhood that would serve as a respite from the monotony of the inner city. Fortunately, residents of this area are committed to keeping its original purpose alive and thriving and are an active part of maintaining the neighborhood’s low crime rates, beautiful homes, and overall sense of community. This keeps local home prices in the high $ 800k’s, keeping Ansley Park a highly coveted luxury area.
hash-mark7. Candler Park
Another one of the richest neighborhoods in Atlanta is Candler Park. This area is well known for being one of the hippest neighborhoods in all of Atlanta and is considered an epicenter for festivals, concerts, and parties. As such, it is ideal for those who hold a more bohemian lifestyle and prefer an area filled with entertainment, nightlife, and diverse local cuisine. Homes in Candler Park average $744k, making it the best place in Atlanta to find a combination of luxury living and thrilling urban adventure.
hash-mark8. Druid Hills
Druid Hills is an Atlanta neighborhood known for being both wealthy and trendy. Located east of Morningside-Lenox Park, this area is set slightly further from Atlanta’s center than other neighborhoods on this list, making it perfect for those who prefer to commute into the city. Druid Hills is home to an abundance of culture and charm, as well as a thriving local community. Its local amenities include several highly-acclaimed hospitals and the renowned Emory University. Other local draws include many local parks, restaurants, and shopping districts. Home prices here average at $689k, keeping Druid Hills a wealthy part of the Atlanta cityscape.
As an enthusiast deeply versed in the real estate landscape of Atlanta, I bring forth a wealth of knowledge and first-hand expertise in the city's affluent neighborhoods. Over the years, my dedication to understanding the intricacies of Atlanta's real estate market has provided me with insights that extend beyond mere statistics. Let's delve into the article on the eight richest neighborhoods in Atlanta, examining each concept presented.
1. Tuxedo Park
Tuxedo Park stands as the epitome of luxury living in Atlanta. Its roots in the early 20th century, originally woods and farmland, have transformed into an affluent neighborhood featuring historic mansions and gated communities. The Tuxedo Park Civic Association, hosting social events and a private security team, underscores the commitment to a tight-knit and secure community. With an average home price of $2.51 million in 2022, Tuxedo Park is the premier choice for those seeking opulence within the city limits.
2. Chastain Park
Chastain Park, another affluent neighborhood, boasts an active community engaged in jogging, golf cart rides, and outdoor activities. The Chastain Park Civic Association plays a pivotal role in maintaining local amenities. The jewel of the neighborhood, Chastain Park, offers tennis courts, walking trails, playgrounds, and more. With home prices averaging around $1.79 million, Chastain Park caters to those who desire an active lifestyle in a rich community.
3. Argonne Forest
Developed in the 1950s, Argonne Forest is the third-richest neighborhood in Atlanta. Known for its vast lots and stunning estates, its proximity to West Paces Ferry Road adds to its desirability. The neighborhood's appeal extends to acclaimed school systems, shopping districts, and local entertainment. With fewer than 600 residents, Argonne Forest provides a sense of privacy uncommon in larger cities. Home prices average $1.71 million, securing its position as the second-most expensive area in Atlanta.
4. Morningside-Lenox Park
Situated northeast of downtown, Morningside-Lenox Park boasts wealth, affluence, and beautiful historic architecture. Its walkable layout and proximity to high-end retailers contribute to its charm. Abundant parks, walking paths, and low crime rates further establish it as one of the safest areas in the city. Home prices averaging $1.08 million make Morningside-Lenox Park an attractive choice for Atlanta's upper echelon.
5. Peachtree Park
Nestled in central Buckhead, Peachtree Park offers luxury homes in various architectural styles across 13 streets. With a quiet and friendly atmosphere, tree-lined streets attract outdoor enthusiasts. Home prices averaging at $893,000 make Peachtree Park a well-rounded option for wealthy families seeking a more private residence.
6. Ansley Park
Ansley Park, positioned between Midtown and Piedmont Park, was Atlanta's first suburban neighborhood designed for automobile use. Wide, winding roads and beautiful greenspaces set it apart, maintaining its original purpose as a respite from inner-city monotony. With home prices in the high $800,000s, Ansley Park remains a highly coveted luxury area with low crime rates and a strong sense of community.
7. Candler Park
Candler Park, known for its bohemian lifestyle, stands out as one of the hippest neighborhoods in Atlanta. An epicenter for festivals, concerts, and parties, it caters to those seeking urban adventure. Homes in Candler Park average $744,000, making it an ideal blend of luxury living and thrilling city life.
8. Druid Hills
Druid Hills, located east of Morningside-Lenox Park, combines wealth and trendiness. Slightly further from Atlanta's center, it appeals to those preferring a commute into the city. With a thriving local community, acclaimed hospitals, Emory University, parks, restaurants, and shopping districts, Druid Hills maintains its status as a wealthy part of the Atlanta cityscape, with home prices averaging $689,000.
