Blog > Top 5 Richest Neighborhoods in Markham (The Answers Might Surprise You)
Top 5 Richest Neighborhoods in Markham (The Answers Might Surprise You)
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Top 5 Richest Neighborhoods in Markham (The Answers Might Surprise You)
Let's play a game. Can you guess the richest neighborhoods in Markham? Most people get a few right — but almost everyone is wrong about number one. Here's how it actually ranks, based on average household income data.
A solid first guess. Berczy Village makes the list at number five, with an average household income of $150,000. It's a beloved, family-friendly community known for its parks and great schools — but compared to the rest of this list, there's a significant gap before we hit the top four.
Cachet is on the list — just not where most people expect it. It comes in at number four with an average income of $250,000. Sophisticated homes, great schools, and easy access to upscale amenities along Highway 7 make it a perennial favourite among Markham's professional class.
Angus Glen slots in at number three with an average income of $251,000. Home to the world-class Angus Glen Golf Club — host of the Canadian Open — this is one of Markham's most prestigious and recognizable communities. Custom-built homes, manicured greens, and a tight-knit feel make it especially popular with families.
Here's where most people get it wrong. Devil's Elbow is widely considered the most expensive neighborhood in Markham — but by average household income, it's actually number two at $259,000. It's still an exceptionally wealthy enclave of sprawling estate lots and private, country-style living. Just not number one.
The number one richest neighborhood in Markham is Bayview Glen, with an average household income of $265,000. It's not always the first name people think of — but the data doesn't lie. Luxury homes, top-rated schools, and a prime location make it Markham's wealthiest community by the numbers.
The Takeaway: The rankings challenge a lot of common assumptions — especially around Devil's Elbow. The top four neighborhoods all clear $250,000 in average income, while Berczy Village, though still well above the national average, sits notably lower.
Quick Comparison Table
| Rank | Neighborhood | Avg. Household Income | Key Features |
|---|---|---|---|
| #1 | Bayview Glen | $265,000 | Luxury homes, top schools, prime location |
| #2 | Devil's Elbow | $259,000 | Estate lots, country-style living |
| #3 | Angus Glen | $251,000 | Golf course, custom homes, prestigious |
| #4 | Cachet | $250,000 | Upscale amenities, Highway 7 access |
| #5 | Berczy Village | $150,000 | Family-friendly, parks, schools |
Looking for Data-Driven Neighborhood Insights?
Michael, a Markham real estate specialist, breaks down the numbers so you can make smarter decisions about where to buy. Whether you're interested in luxury estates or family-friendly communities, get expert guidance tailored to your goals.
🏆 Michael John Lau — Awards & Recognition
Michael John Lau is a licensed REALTOR® serving buyers and sellers in Markham, Ontario and the Greater Toronto Area. Income data is based on census and municipal records and is subject to change. This guide does not constitute financial or real estate advice. Always verify current market conditions and consult with qualified professionals regarding your specific situation. Not intended to solicit clients currently under contract with another brokerage.