"Austin is the No. 1 fastest-growing U.S city for millionaires—see where else made the list"
Posted by Grossman & Jones Group on
CNBC reports, "cities like New York City and L.A. might be some of the wealthiest in America, but it’s smaller cities that are becoming more and more appealing to millionaires.
According to Henley and Partner’s 2023 wealth report, cities like Austin, Texas, and Scottsdale, Arizona, are gaining millionaire residents, while bigger cities like Chicago, and New York City are losing them.
Top 5 fastest-growing U.S. cities for millionaires
- Austin, Texas
- West Palm Beach, Florida
- Scottsdale, Arizona
- Miami, Florida
- Greenwich and Darien, Connecticut
The No. 1 city on the list is Austin, Texas. According to the report, the Texas city saw a millionaire growth rate of 102% from 2012 to 2022. In December 2022, Austin was home to…
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