List of Millionaire Cities Highlights Best Places to Look for Clients

1 MIN READ

For architects and builders alike, the process of finding their next client might have just gotten a bit easier. Capgemini, a leading consulting company, recently released its 2011 U.S. Wealth Index, which lists the 10 cities with the highest millionaire population. For the company’s purposes, a millionaire is someone who has investable assets of $1 million or more, excluding primary residence, collectibles, consumables, and consumer durables. Most of the cities are far from shocking, as hot spots like New York, Los Angeles, and Chicago lead the list. Nonetheless, there are a few surprises, such as Houston at No. 8 and San Jose at No. 10. Overall, Houston had the highest growth rate in millionaire population at 9.6 percent, allowing it to leapfrog Detroit into its current position.

All in all, the index could be a handy tool for knowing where potential clients are more abundant. A complete table, as well as the full press release on the index, can be found on Capgemini’s website.

Rank/City Millionaire Population Percent Change
1. New York 720,000 7.9%
2. Los Angeles 265,500 8.8%
3. Chicago 212,300 7.1%
4. Washington, D.C. 164,400 7.9%
5. San Francisco 147,400 6.6%
6. Philadelphia 110,400 6.0%
7. Boston 109,800 7.3%
8. Houston 96,700 9.6%
8. Houston 96,700 9.6%
9. Detroit 92,100 3.4%
10. San Jose 88,800 2.7%

-Statistics Courtesy Capgemini

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