Tuesday, April 24, 2007

US Metros with High Millionaire Concentrations

Axciom and American Demographics put together an index of Millionaire Households across the country here are some of their findings

Married with Money-and Children
Metropolitan Areas ranked by millionaire households with preschool-aged children or younger
1 Nashua, NH........................3.06%
2 Lowell, MA.........................2.66%
3 Provo-Orem, UT..................2.52%
4 Salt Lake City-Ogden, UT.....2.48%
5 Danbury, CT.......................2.37%
6 Anchorage, AK....................2.29%
7 Lawrence, MA.....................2.27%
8 Denver, CO........................2.16%
9 Boise, ID............................2.16%
10 Raleigh-Durham, NC............2.15%

Up and Coming
Millionaire Households under age 45
1 Stamford-Norwalk, CT...............3.20%..........4,457 households
2 San Jose, CA...........................2.56%.........14,954 households
3 State College, PA.....................2.49%..........1,106 households
4 Middlesex-Somerset-Hunterdon, NJ.....2.37%....10,754 households
5 Nassau-Suffolk, NY....................2.35%..........26,802 households
6 Santa Cruz-Watsonville, CA..........2.32%.........2,114 households
7 Danbury, CT............................2.32%...........1,963 households
8 San Francisco, CA...................2.22%...........15,111 households
9 Iowa City, IA..........................2.17%...........1,013 households
10 Ann Arbor, MI........................2.05%...........4,925 households

Old Money
Millionaire Households not by income, but by lifetime accumulation
1 Honolulu, HI........................4.39%..............7,351 households
2 San Francisco, CA...............3.86%..............26,259 households
3 Santa Barbara, CA...............3.72%...............5,138 households
4 Stamford-Norwalk, CT..........3.60%...............5,038 households
5 Barnstable-Yarmouth, MA.....3.40%................3,040 households
6 San Jose, CA......................3.25%..............18,976 households
7 Naples, FL..........................3.20%...............3,963 households
8 San Luis Obispo, CA.............2.89%...............3,210 households
9 Salinas, CA........................2.69%................3,210 households
10 Santa Cruz-Watsonville, CA..2.67%...............2,430 households

The Upper Crust
Households with a Net Worth of $2 Million or more
1 Stamford-Norwalk, CT...............25.30%...............35,267 households
2 San Jose, CA...........................12.87%...............75,177 households
3 San Francisco, CA.....................9.87%................66,579 households
4 Danbury, CT.............................8.57%.................7,261 households
5 Nassau-Suffolk, NY....................8.49%................96,857 households
6 Newark, NJ..............................6.94%.................59,090 households
7 Orange County, CA...................6.79%.................65,445 households
8 Bergen-Passaic, NJ....................6.72%.................34,675 households
9 Oakland, CA.............................6.69%.................59,090 households
10 Honolulu, HI............................6.59%................11,035 households>

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