These Areas Attract Highest Earners

Oct. 4, 2017

Despite many corporations moving their suburban headquarters to larger cities, amplifying the existing theory that wealthy Americans prefer to live in urban areas, the latest Census data draws an altogether different conclusion, per newgeography.com.

Joel Kotkin originally reported on Forbes.com that in the top 53 metros, suburbs house 71.5% of the highest earners.

The very top of this pyramid consists largely of two archetypes, elite “superstar” cities, but more so well-located suburbs, often near the most dynamic cores. Many are areas that have benefited the most from the post-Great Recession boom in technology as well as in the much larger business and professional services sector.

Read more

Sign up for Pro Builder Newsletters
Get the latest news and updates.

Related

196463044 © Mark Hryciw | Dreamstime.com
New single-family home
102535251 © Kawee Wateesatogkij | Dreamstime.com
A man and a woman holding a hard hat looks over plans on a laptop at a construction site