In this article, we will look at the 5 most luxurious cities and places in the US. You can read our detailed discussion and a more comprehensive list by visiting the 20 Most Luxurious Cities and Places in the US.
5. Boston, Massachusetts
Average Income of Top 5% (2017): $501,668
Millionaires by State (2019): 254,201
Boston ranks fifth among the most luxurious cities and places in the US. Massachusetts has more than 254,000 millionaires and most of them live in Boston. The top 5% of the population in Boston earns more than $500,000 per year.
4. New York City, New York
Average Income of Top 5% (2017): $534,721
Millionaires by State (2019): 570,456
New York City is a global hub for millionaires and it has the highest percentage of millionaires among other cities in the state. The average income of the top 5% in New York City is over $534,000. New York City ranks fourth among the most luxurious cities and places in the US.
3. Atlanta, Georgia
Average Income of Top 5% (2017): $569,826
Millionaires by State (2019): 239,287
In Atlanta, housing costs are 29% higher than the state average. The top 5% of the population in Atlanta earns over $569,000 each year. Atlanta is one of the most luxurious cities in the US.
2. Washington, District of Columbia
Average Income of Top 5% (2017): $582,044
Millionaires by State (2019): 29,506
Washington, D.C. is one of the richest places in the US, where the top 5% earn over $582,000. The District of Columbia has over 29,000 millionaires.
1. San Francisco, California
Average Income of Top 5% (2017): $657,116
Millionaires by State (2019): 1,147,251
San Francisco is a city-county in California and is the most luxurious city and place in the US. San Francisco’s top 5% of the population earns more than $657,000 each year.
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