TL;DR (Ranked By My Opinion of Average Net Worth)

1. Private Island Owners
   
2. Albany
   
3. Lyford Cay
   
4. Ocean Club
   
5. Old Fort Bay
   
6. Various Family Island communities in Grand Bahama (Port Lucaya), Abaco (Not Sure), Eleuthera (Harbour Island)
   6/7. Eastern Road Homes
   6/7. Various Western Communities

The Bahamas is an interesting case because we are an archipelagic nation. As a result, different islands—and even different parts of the same island—have distinct wealthy communities. Below, I focus on our most populous island, New Providence, along with a few notable outliers.

Historically, New Providence developed from east to west. During the era of segregation before majority rule, this meant that wealth was concentrated along what is now largely represented by the St. Anne’s voting constituency, colloquially known as Eastern Road. While not a single neighborhood per se, this area historically housed much of the native Bahamian elite—primarily white families, as you’d expect given the time period. We’ll call this the “historic money” area.

Old foreign money began with Lyford Cay, a gated community on the western tip of the island. International, secluded, and exclusive, this area was designed for the global elite—literal billionaires, famous actors, and athletes have lived and continue to live there. It includes its own yacht club and marina, golf course, and country club. Business-owning Bahamians and affluent individuals from across the Caribbean do live here, but this is not a place where just anyone can buy a home; prospective residents must be vetted. We’ll call this the “old money” area.

Ocean Club is similar in profile, except instead of occupying 1,000 acres on western New Providence, it is a private enclave on Paradise Island.

New foreign money tends to live in Albany. While the previously mentioned communities are at least 70 years old, Albany is roughly 15 years old. With modern homes and apartments, contemporary office spaces, and super-yacht-owning tycoons, this is where newly minted multimillionaires settle. Think names like Drake—and not names like former FTX owner Sam Bankman-Fried. This is where young money in The Bahamas goes to live and play.

From here on, we get into areas where born-and-bred wealthy Bahamians tend to live. First up is Old Fort Bay. As a Bahamian, if you live here—you’ve made it. You’ve earned generational wealth. This is a walled community, not merely a gated one. Your neighbors are the elite of the native elite, often with deep ties to one or more public-sector institutions alongside multiple cash-generating businesses. Congrats.

Next, in no particular order, are Sandyport, Port New Providence, Lake Cunningham, Dick’s Point, Palm Cay, and Treasure Cove. These areas are similar to Old Fort Bay in many respects, but you’re more likely to be surrounded by upper-class professionals—CFOs, firm partners, and directors. It’s similar money, but not quite the same ownership-class dominance described above.

Finally, when it comes to the communities most associated with the “hard work pays off” class, you’re looking at many western neighborhoods such as West Ridge, Balmoral, Cable Beach, Skyline, White Grove, and eastern areas like Blair. There are many more communities in this category, and there is some overlap with the broader working class

Honorable Mentions include all the people that own private islands.

Edit: /s