The suburbs have the highest concentration of wealthy people, more so than cities, according to new U.S. Census Bureau data.
The wealthy tend to stay near major population centers, according to the study. For example, the region with the highest concentration of wealthy households in the nation is Bridgeport-Stamford-Norwalk, Conn., which is just north of New York City. Nearly 18 percent of residents there make more than $191,469 per year. In the nation, only 5 percent make that income.
The following are the 10 metros with the highest concentration of high-income households, as well as the percentage in each area where households are among the top 5 percent of U.S. incomes. (The study did not take into account the cost of living in these areas.)
- Bridgeport-Stamford-Norwalk, Conn.: 17.9%
- San Jose-Sunnyvalle-Santa Clara, Calif.: 15.9%
- Washington-Arlington-Alexandria, D.C.-Va.-Md.-W.Va.: 14.1%
- San Francisco-Oakland-Fremont, Calif.: 13%
- Trenton-Ewing, N.J.: 11.6%
- New York-Northern New Jersey-Long Island, N.Y.-N.J.-Pa.: 10%
- Oxnard-Thousand Oaks-Ventura, Calif.: 9.7%
- Boston-Cambridge-Quincy, Mass.-N.H.: 9.7%
- Boulder, Colo.: 9.4%
- Napa, Calif.: 9.3%
The author of this article is: realtormag.realtor.org
See the original post at: http://realtormag.realtor.org/daily-news/2013/02/12/10-metros-attract-wealthy
At GayRealEstate.com, we keep you updated with all the gay realtor, lesbian realtor, gay realty, gay real estate and general real estate news affecting the LGBT community coast to coast, and in your neighborhood.
Click here for list of gay realtors, lesbian realtors and gay friendly realtors Nationwide.
If you have a real estate story that you’d like to share with us with the gay and lesbian real estate community, please contact us at: manager@gayrealestate.com
