GoBankingRates identified El Dorado Hills as the 12th fastest-growing wealthy suburb in the U.S., with a 10.86% population increase from 2018 to 2023. The suburb boasts a median household income of $163,544 and an average home value of $908,158. California is well-represented, with five suburbs making the list, including Dublin at No. 8 and Eastvale at No. 10, both highlighting robust growth in wealthy neighborhoods. Overall, this shows a trend of increasing affluent communities in California, second only to Texas.
El Dorado Hills in El Dorado County narrowly missed the top 10, landing at No. 12 on GoBankingRates' list of rapidly growing wealthy suburbs.
Dublin in Alameda County was the highest-ranked California city at No. 8, experiencing a 19.22% increase in population from 2018 to 2023.
Eastvale's population grew 14.42% between 2018 and 2023, with an average household income of $161,322 and a median home value of $948,164.
California boasts the second-highest number of growing wealthy suburbs, trailing only Texas, with five suburbs making GoBankingRates' list.
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