Richest cities in the US 2026: millionaires and tax, ranked

The richest cities in America.

New York City is the richest city in the US, with 384,500 resident millionaires on the latest published count. 11 cities in the US are ranked here, with what each takes of $1,000,000 on the Patrician.ch board.

In short, current to October 2026

New York City is the richest city in the US by resident millionaires, 384,500, followed by the Bay Area (342,400), Los Angeles (220,600) and Chicago (127,100).
The most billionaires: the Bay Area (82), New York City (66) and Los Angeles (45).
Fastest growing of the cities ranked here, over the 10 years to 2024: the Bay Area (+98%), Miami (+94%) and Washington DC (+92%).
Of the 7 addresses on this page that are on the Patrician.ch board, the effective income tax on $1M runs from 32% in Dallas to 43% in New York.
No 2026 edition of the city count had been published as of October 2026, so the 2025 edition is the latest. Its figures are as at December 2024.

Each address on this page was last checked against its official sources between 22 October 2026 and 28 October 2026. The sources for each are named on its page.

Source: the Patrician.ch board, an original ranking of 100 residence addresses across 47 countries and territories. Tax rates, thresholds and routes are sourced. Cost, safety, schools, sun and beauty are Patrician.ch editorial indices. Figures current to October 2026. Updated 7 November 2026. Cite as: Patrician.ch, Richest cities in the US 2026: millionaires and tax, ranked, patrician.ch/answers/richest-cities-in-the-us/, October 2026.

11 cities

Where the millionaires of the US live.

Resident millionaires, residents worth $100M or more, and billionaires, with growth in the millionaire count over 10 years. The last column is the effective income tax on $1,000,000 for a single filer, on the Patrician.ch model.

#	City	Millionaires	$100M+	Billionaires	Growth, 10 years	Tax on $1M
1	New York City	384,500	818	66	+45%	43%
2	The Bay Area	342,400	756	82	+98%	42%
3	Los Angeles	220,600	516	45	+35%	42%
4	Chicago	127,100	295	25	+24%	37%
5	Houston	81,800	210	16	+75%	32%
6	Dallas	72,400	135	16	+85%	32%
7	Seattle	53,100	127	11	+48%	32%
8	Boston	45,000	112	8	+40%	37%
9	Miami	38,800	180	17	+94%	32%
10	Austin	32,000	90	10	+90%	32%
11	Washington DC	28,900	97	12	+92%	41%

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Where the $100M residents are.

Resort and regional hubs counted for residents worth $100M or more only, with the board address inside each.

Counted as	$100M+ residents	Address on the board	Tax on $1M
Montecito and Santa Barbara	52	Montecito	42%
Naples, Florida	28	Naples	32%

Sources: Henley & Partners and New World Wealth, World’s Wealthiest Cities Report 2025 (resident millionaires with US$1M+ in liquid investable wealth, data as at December 2024, growth 2014 to 2024). Henley & Partners USA Wealth Report 2025 for Montecito. City figures are the publisher's estimates, rounded to the nearest 100 for millionaires. Cities outside the board carry their own published scale on the same single filer basis: Tax Foundation, 2026 state income tax rates, plus the US federal scale. Los Angeles pays the same income tax as Beverly Hills, so it carries that figure.

The world ranking: where rich people live. By region: the richest cities in Europe · the richest cities in Asia and the Pacific. Where the money is moving: where millionaires are moving.

Rank all 100 on my own numbers →

Questions

The short answers.

What is the richest city in the US?

New York City, with 384,500 resident millionaires, 818 residents worth $100M or more and 66 billionaires on the latest published count.

The Bay Area is second with 342,400.

Which city in the US has the most billionaires?

The Bay Area, with 82, followed by New York City (66) and Los Angeles (45).

Which cities in the US are gaining millionaires fastest?

The Bay Area (+98%), Miami (+94%) and Washington DC (+92%) over the 10 years to 2024, of the cities ranked here.

What are the 10 richest cities in the US?

By resident millionaires on the latest published count: New York City (384,500), the Bay Area (342,400), Los Angeles (220,600), Chicago (127,100), Houston (81,800), Dallas (72,400), Seattle (53,100), Boston (45,000), Miami (38,800) and Austin (32,000).

11 cities in the US are ranked in the table above.

Where do most millionaires live in the US?

In New York City and the Bay Area. Together they hold 726,900 of the 1,426,600 resident millionaires counted across the 11 cities ranked here, 51%.

Los Angeles is third with 220,600.

Where in the US do the rich pay the least income tax?

Of the addresses on the Patrician.ch board, Dallas takes the least of $1M, 32% effective for a single filer, and New York the most, 43%.

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The income tax of New York, San Francisco, Dallas, Miami, Austin and Montecito, side by side on 2026 rates. Your readers type their own salary and the places reorder. Free on any site, with the credit line under it.

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The richest cities in America.