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HomeAccountingWhat Are the Richest Cities within the US? New Report

What Are the Richest Cities within the US? New Report

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About 5.5 million high-net-worth individuals name the U.S. residence — and so they symbolize 37% of the world’s millionaires.

A 2024 USA Wealth Report, printed by international wealth advisory agency Henley & Companions in partnership with New World Wealth, establishes precisely the place cash is concentrated in America by rating the nation’s wealthiest cities. The report breaks down the variety of millionaires, centi-millionaires (who make over $100 million), and billionaires in these wealth hubs.

The variety of millionaires within the U.S. rose by 62% over the previous 10 years, in accordance with the report.

A few of the regular suspects (New York, Los Angeles) topped the record, however there have been some surprises. For instance, Austin, Texas, which got here in at No. 10, had the very best fee of millionaire progress from 2013 to 2023, at 110%. And though the Bay Space did not take the highest spot, it has essentially the most billionaires.

Associated: Battling Burnout? Individuals Who Reside in This U.S. State Have the Greatest Life-Work Stability.

Listed below are the highest 10 wealthiest cities in America.

1. New York Metropolis

Credit score: Getty Pictures

Millionaires: 349,500

Centi-millionaires: 744

Billionaires: 60

Millionaire progress % from 2013 to 2023: 48%

2. Bay Space

Millionaires: 305,700

Centi-millionaires: 675

Billionaires: 68

Millionaire progress % from 2013 to 2023: 82%

3. Los Angeles

Credit score: Getty Pictures

Millionaires: 212,100

Centi-millionaires: 496

Billionaires: 43

Millionaire progress % from 2013 to 2023: 45%

4. Chicago

Millionaires: 120,500

Centi-millionaires: 290

Billionaires: 24

Millionaire progress % from 2013 to 2023: 22%

5. Houston

Millionaires: 90,900

Centi-millionaires: 258

Billionaires: 18

Millionaire progress % from 2013 to 2023: 70%

6. Dallas

Millionaires: 68,600

Centi-millionaires: 125

Billionaires: 15

Millionaire progress % from 2013 to 2023: 75%

7. Seattle

Credit score: Getty Pictures

Millionaires: 54,200

Centi-millionaires: 130

Billionaires: 11

Millionaire progress % from 2013 to 2023: 72%

8. Boston

Millionaires: 42,900

Centi-millionaires: 107

Billionaires: 8

Millionaire progress % from 2013 to 2023: 55%

9. Miami

Millionaires: 35,300

Centi-millionaires: 164

Billionaires: 15

Millionaire progress % from 2013 to 2023: 78%

10. Austin

Credit score: Getty Pictures

Millionaires: 32,700

Centi-millionaires: 92

Billionaires: 10

Millionaire progress % from 2013 to 2023: 110%

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