Millionaires Everywhere

Where is the highest percentage of millionaires in Texas? This list might surprise you

While you may assume that most of the nation's millionaires flock to cities like New York and Los Angeles — and many of them do — the cities with the highest percentages of the super wealthy are much smaller.

According to new data from the Wall Street Journal, the U.S. metro area with the highest concentration of millionaires is Los Alamos. In that New Mexico town, there are 912 households with more than $1 million in assets — 11.6 percent of the area's population.

In Texas, Fredericksburg has the highest percentage of millionaires, where 701 households with more than $1 million in assets makes up nearly 6.5% of the area's population.

Second on the list is Summit Park, Utah, with 9.6 percent of the population holding more than $1 million in assets.

Houston-The Woodlands comes in as the fifth in Texas for millionaires — No. 133 in the nation — with 120,841 millionaire households, making up almost 5.5 percent of the overall population.

In Texas, Fredericksburg has the highest percentage of millionaires, where 701 households with more than $1 million in assets makes up nearly 6.5% of the area's population. (Fredericksburg come in at No. 47 on the national list.)

Kerrville is No. 2 on the Texas list, with millionaires making up nearly 6 percent of the area's population. Other Texas cities in the rankings include Midland at No. 7, Austin-Round Rock at No. 8, Brenham at No. 9 and Dallas-Fort Worth-Arlington at No. 10 in the state.

In the national list Washington, D.C., home to countless government officials and lobbyists, is No. 2, where 195,639 households with assets of at least $1 million make up 8.8 percent of the area's population.

California-Lexington Park, Md. comes in at No. 4, Bridgeport-Stamford-Norwalk, Conn. ranks No. 5 and Torrington, Conn. ranks No. 6.

The nation's most populous cities,weren't very close to the top of the list. New York-Newark ranked No. 50 overall and Los Angeles-Long Beach came in at No. 123.

unspecified

H-Town rising

Houston leaps back into top 50 'World's Best Cities' list for 2025

Photo by Adrian Newell on Unsplash

Houston made a big leap back into the top 50, ranking No. 40, after previously plummeting into No. 72 last year.

Lively Houston has regained its rightful place among the top 50 best cities in the world, according to a prestigious new report by Resonance Consultancy.

The Canada-based real estate and tourism marketing advisors ranked Houston the 40th best city worldwide for 2025 in its annual "World's Best Cities" list.

The report quantifies the relative qualities of livability, "lovability," and prosperity for the world's top 100 cities with metropolitan populations of 1 million or more. New to the 10th anniversary edition, Resonance partnered with global market researchers Ipsos to include perception-based data into the rankings, surveying over 22,000 people in 30 countries worldwide to determine "the most desirable places to visit, live or work."

Houston made a major rebound after plummeting to No. 73 in last year's report. In 2022, Houston ranked No. 42.

Resonance refers to its previous "World's Best Cities" reports and its 2024 "America's Best Cities" list – which ranked Houston in the top 10 – when explaining the Bayou City's successes. The report praised Houston's vast cultural diversity and placed a great focus on its economic prosperity, even going so far as to suggest Houston residents make more money "and can sock more away."

"...[W]here America’s fourth-largest city truly takes off is in its economic heft and wealth, ranking No. 9 globally for GDP per Capita and No. 14 for Fortune 500 companies in town," the report said. "All that rolls up into an overall Prosperity index ranking of No. 36, which is even more impressive given the No. 14-ranked Price-to Income Ratio [of the city]."

Elsewhere in Texas, Austin and Dallas also earned spots on the World's Best Cities list for 2025, but only one made a similar rebound from the previous year's rankings. Dallas moved up from No. 66 in last year's report to its current rank as No. 55. Meanwhile, Austin took its first tumble out of the 43rd spot (which it had occupied for two years straight) and now ranks No. 53.

London held onto its crown as the No. 1 best city in the world for 2025, followed by New York (No. 2), Paris (No. 3), Tokyo (No. 4), and Singapore (No. 5).