The top 10 metro areas millionaires live

Meet the millionaire next door

TRD WEEKEND EDITION /
Feb.February 11, 2018 05:21 PM

Last year was the year to become an American millionaire and about 411,000 families did just that — the highest number since 2010.

One in 17 households qualify as millionaires as of 2017, which equates to about 7.2 million people who have over $1 million worth of investable assets according to the Wall Street Journal. Together these households control roughly 60 percent of America’s liquid assets. Here are the cities where the majority of American millionaires live:

10
Honolulu

(Credit: Pixabay)

9
Trenton, New Jersey

(Credit: Famartin)

8
Oxnard, California

(Credit: Pixabay)

7
Napa, California

(Credit: Sanfranman59)

6
Barnstable Town, Massachusetts

(Credit: User:ktr101)

5
San Francisco

(Credit: heyengel/Shutterstock)

4
California, Maryland

(Credit: Javcon117)

3
Washington, D.C.

(Credit: Pixabay)

2
San Jose

(Credit: Tim Wilson)

1
Bridgeport, Connecticut

(Credit: Magicpiano)

[WSJ] Erin Hudson


Related Articles

arrow_forward_ios
With a cooling trade war, stocks perform well, including real estate. (Credit: iStock)

Real estate stocks push up this week as U.S.-China trade tensions ease

416 West 25th Street and Maverick Real Estate Partners principal David Aviram (Credit: Google Maps and LinkedIn)

Chelsea landlord claims “predatory” lender is charging a crippling interest rate as punishment after losing foreclosure case

(Credit: iStock, Wikipedia)

“We’re putting ourselves in situations where anything is possible”: Real estate agent’s killing rattles industry

From left: 172 Madison Avenue, 100 East 53rd Street, Woolworth Tower, 53 West 53rd Street, 615 10th Avenue

Loan wolves: Bankers are stalking developers as debts come due

State Sen. Julia Salazar and Assembly member Harvey Epstein proposed the tax this month in an effort to disincentivize real estate speculation (Credit: iStock, Getty Images)

Experts take issue with proposed tax on mezzanine loans

As the years go by_A look back at 17 years of real estate history

A look back at 17 years of real estate history

Brookfield's largest-ever $15B property fund has invested in properties from New York (666 Fifth Avenue) to Bangalore (the Leela Palace hotel) (Credit: Brookfield, Getty Images, Leela)

Real estate fundraising hits lowest level since 2013

Some investors continue to find U.S. commercial real estate as attractive places to park their capital (Credit: iStock)

Brexits and Bubbles: How investors view Europe’s shaky real estate market

arrow_forward_ios
Loading...