It’s easier to meet wealthy people if you’re near wealthy people. To accomplish this, you can play the numbers game and hang in highly populated areas. Rich people live and work in big cities, and places like New York, Los Angeles and Chicago are popular among the affluent. However, just because there are more people in larger cities doesn’t necessarily mean you’ll find a dense accumulation of households with high incomes. According to the U.S. Census Bureau, these top locations have the highest concentration of wealth. What else will you find there?
With a population of almost one million, Fairfield County is the most populated area in Connecticut. It boasts many museums, shops and quality dining options. It is home to Beardsley Zoo and Tony award winning Westport Country Playhouse. Much of the wealth in this area is due to its close proximity to New York City.
San Jose-Sunnyvale-Santa Clara, CA
Silicon Valley is the heart of technological advancement in the United States, and that’s where this Metropolitan Statistical Area (MSA) is located. With cost of living running roughly 48% above the national average, and a median home price of over $600K, this is an expensive spot. It is also the home of Stanford University, and thousands of high-tech companies like Facebook, Google and Intel. The Silicon Valley is located between desert and ocean. If your goal is to surround yourself with wealthy tech-types in an environment full of recreational possibilities, this may be the place for you.
This is the National Capital Region, and it boasts a population of 5.8 million. It’s a buzzing area where many of the country’s decision makers live and work. The region has it all, from historical tours to beautiful parks and unique dining/shopping experiences. Since 2001, the capital city area has seen great growth in STEM jobs. Its main industries are biotechnology and defense contracting, and it serves as the headquarters for companies like Fannie Mae, Lockheed Martin and Capital One.
San Francisco-Oakland-Fremont, CA
While also in Northern California, this MSA is defined more by San Francisco than by outlying cities like San Jose. With a population of roughly 4.3 million, and a relatively small land base, this is a dense area that has seen 4% job growth. It is a popular tourist destination with attractions like the Golden Gate Bridge, Fisherman’s Wharf and Alcatraz. It’s also located just a few hours south of the Wine Country region of California, and is home to the oldest Chinatown in North America. The San Francisco Bay region is eclectic and expensive. Cost of living is 54% above the national average in this area, and don’t expect to buy a home for much less than $800K. However, if you seek a hip lifestyle full of diverse dining options, activities and job opportunities, it is worth exploring.
There are high-income households across the United States. If you want to make friends with the well-to-do, it helps to know which areas are most attractive to them. The areas listed above are fun and loaded with wealthy entrepreneurs and professionals. Is it time for a road trip?
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