Top 15 Cities Where High-Income Households Are Booming

High-income households — defined by the Internal Revenue Services as those with taxpayers making $200,000 or more — can have an outsize effect on local economies. Aside from their need for financial advisory services, they can increase pressure on housing markets, shift demand for services and businesses, and raise tax-base contributions. In a new study, SmartAsset examined 345 of the largest U.S. cities and census-designated places to find out where up-and-coming alternatives to established areas of wealth may be popping up. Researchers took data from the U.S. Census Bureau 1-Year Community Surveys for 2022 and 2021 — the most recent figures available — and ranked cities with populations of 100,000 or more based on the growth in high-income households as a percentage of total households between those two years. See the accompanying gallery for the 15 cities that added the most high-income households between 2021 and 2022.