I spent a morning in the East Coast's richest town 35 minutes from NYC - Business Insider

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I spent a morning in the richest town on the East Coast, a scenic village 35 minutes from NYC where the average household income is $417,000. Here's what it looks like.

Katie Warren/Business Insider

Anne Moretti, a real-estate broker at Julia B. Fee Sotheby's International Realty, told me Scarsdale draws many homebuyers from Manhattan."Scarsdale's consistently high-ranking school district plus the easy 35-minute commute to Grand Central makes it a great place to live," she said.Katie Warren/Business Insider

I wandered over to Chase Park, a small but pristinely landscaped green space in the center of town, right across the street from the post office.Scarsdale has a reputation for having some of the best public schools in Westchester County, drawing many families to the area, according to Moretti.among the top 100 high schools in New York in 2018.Katie Warren/Business Insider," the school's principal, Kenneth Bonamo, wrote on its website.

While the average home price in Scarsdale was $1.7 million in December 2019, prices in Murray Hill are significantly higher, at an average of $3.44 million, according to Moretti.Some of the grandest-looking homes were barely visible, set back at the end of long driveways and hidden behind trees and hedges.from the rest of Scarsdale that allow homes to sit on larger lot sizes.

 

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Thats approximately $30,000-$35,000 per month. Thats about a grand a day. What i live on per month, is what they live on per day. A good ol' 30:1 ratio to get the started out.

There are a lot of broke people there

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