New York, United States
Answers · current to September 2026

The richest cities in America.

11 cities in the US ranked by resident millionaires on the latest published count, with what each takes of $1,000,000 on the Patrician.ch board.

In short, current to September 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 over the 10 years to 2024: the Bay Area (+98%), Miami (+94%) and Washington DC (+92%).
  • Of the 9 addresses in the US on the Patrician.ch board, the effective income tax on $1M runs from 33% in Dallas to 43% in New York.
  • No 2026 edition of the city count had been published as of September 2026, so the 2025 edition is the latest. Its figures are as at December 2024.

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 September 2026. Updated . Cite as: Patrician.ch, Richest cities in the US 2026: millionaires and tax, ranked, patrician.ch/answers/richest-cities-in-the-us/, September 2026.

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By the Research desk, Patrician.ch · Updated 27 September 2026 · 3 min read
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 at that address on the Patrician.ch board.

#CityMillionaires$100M+BillionairesGrowth, 10 yearsTax on $1M
1New York City384,50081866+45%43%
2The Bay Area342,40075682+98%43%
3Los Angeles220,60051645+35%43%
4Chicago127,10029525+24%not on the board
5Houston81,80021016+75%not on the board
6Dallas72,40013516+85%33%
7Seattle53,10012711+48%not on the board
8Boston45,0001128+40%not on the board
9Miami38,80018017+94%33%
10Austin32,0009010+90%33%
11Washington DC28,9009712+92%not on the board

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+ residentsAddress on the boardTax on $1M
Montecito and Santa Barbara52Montecito43%
Boca Raton30Boca Raton33%
Naples, Florida28Naples33%

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 and Boca Raton. City figures are the publisher's estimates, rounded to the nearest 100 for millionaires.

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

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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.

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, 33% effective for a single filer, and New York the most, 43%.

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The general case, ranked: Where should high earners live in 2026 · Best country to live in if you are rich · Best countries for high earners after tax · Europe · United States · Americans moving abroad · Tax calculator · Keep Index 2026

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Tax figures use a simplified marginal model with indicative 2026 brackets for a non-US single filer, ignore social contributions, most deductions, wealth taxes, and treaties, and are not advice. Residence rules change often. Verify before acting.

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