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Excessive-income households — outlined by the Inner Income Providers as these with taxpayers making $200,000 or extra — can have an outsize impact on native economies. Except for their want for monetary advisory companies, they can improve strain on housing markets, shift demand for companies and companies, and lift tax-base contributions.
In a brand new examine, SmartAsset examined 345 of the most important U.S. cities and census-designated locations to search out out the place up-and-coming alternate options to established areas of wealth could also be popping up.
Researchers took knowledge from the U.S. Census Bureau 1-12 months Neighborhood Surveys for 2022 and 2021 — the newest figures obtainable — and ranked cities with populations of 100,000 or extra primarily based on the expansion in high-income households as a share of complete households between these two years.
See the accompanying gallery for the 15 cities that added essentially the most high-income households between 2021 and 2022.
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