Top 20 Small Towns Home to Millionaires

I came across some interesting data recently…

If you’re thinking of retiring or moving to a smaller area that still has some affluence, maybe a few good restaurants, here are 20 small towns that have a high percentage of millionaires.

Millionaires are only 4% of households in the U.S. with an overall median income of $59,039.

Out of these 20 small towns, 18 of them are above the country’s median income. That’s impressive considering smaller towns typically have lower living costs and the lowest percentage of millionaires. These towns have 7% or higher.

Some of these, like Concord, New Hampshire, are close to major cities (Boston).

But look at Los Alamos, New Mexico! 11.6% of that town’s population has millionaire status and the town’s median income sits at a whopping $101,934.

Now we know where millionaires go to live!

Harry

Follow Me on Twitter @harrydentjr

Harry Dent

Bestselling author and founder of Dent Research, an affiliate of Charles Street Research. Dent developed a radical new approach to forecasting the economy; one that revolved around demographics and innovation cycles.