9 – Houston-The Woodlands-Sugar Land, Texas 7 – Miami-Fort Lauderdale-Pompano Beach, Florida 6 – Chicago-Naperville-Elgin, Illinois-Indiana-Wisconsin 5 – Washington-Arlington-Alexandria, D.C.-Virginia-Marland-West Virginia 4 – Boston-Cambridge-Newton, Massachusetts-New Hampshire 3 – San Francisco-Oakland-Berkeley, California 2 – Los Angeles-Long Beach-Anaheim, California 1 – New York-Newark-New Jersey City, New York-New Jersey-Pennsylvania The top 10 metros with the highest share of millionaires in the U.S. There were only 414 millionaire households in the metro area between 2017-2022, and a majority of them (38.4 percent) were Gen X physicians. San Antonio-New Braunfels ranked at the bottom of the study at No. Gen Xers (34.9 percent) make up the highest share of the metro's millionaires, with millennials (30.8 percent) not too far behind. Austin's millionaires are mainly chief executives and legislators, or other types of high-level mangers. 24 in the national ranking with only 749 millionaire households calling the Texas Capital home. Gen Xers (32.9 percent) overtook baby boomers (28.9 percent) for the greatest population share of millionaires in the Houston area.Īustin-Round Rock-Georgetown, however, fell to No. These millionaires – mainly physicians for all age demographics – make up 0.11 percent of the all homeowners in the metro area. 9 highest concentration of millionaire households in the nation, totaling 2,863 households. The Houston metro area also scored above DFW in the national comparison to claim the No. Austin-Round Rock-Georgetown rounded out the top three in the statewide analysis, with San Antonio-New Braunfels taking No. Or, as the saying goes, crying in a Ferrari might just feel better than crying in a Toyota when all is said and done.'ĭallas-Fort Worth-Arlington has the second highest share of millionaire homeowners in Texas, with Houston-The Woodlands-Sugar Land taking the No. 'However, despite the 'risks,' most of us would probably choose to have rich people problems. 'Rather, it just means bigger homes with bigger mortgages and maintenance expenses more cars much costlier schools and more over-the-top lifestyles, which simply bite bigger chunks out of the family's big budget,' the report said. And when it comes to managing finances for wealthy earners, making more money doesn't necessarily mean they'll be saving that income. metros in the report.īig, expensive homes don't come without big costs to maintain them, the report reminds. As for wheels, a DFW-based millionaire is likely to have less than three vehicles (2.7) on average.īy comparison, the average value for a millionaire homeowner's abode in San Francisco-Oakland-Berkeley, California is $2,816,196, the highest amount out of all 30 U.S. The report discovered the typical home owned by a millionaire in Dallas-Fort Worth-Arlington is a five bedroom, 10 total-room house, with an average assessed value of $1,402,167.

The saying goes, 'Go big or go home,' and Dallas-Fort Worth's millionaire homeowners are taking that to heart when it comes to their own lavish households. This is how Dallas-Fort Worth millionaires live For DFW's millionaire Gen Xers, the main occupation is physicians. Chief executives and legislators make up Dallas-Fort Worth millionaires' main occupations, specifically in the millennial and baby boomer groups.

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