Financial tech company SmartAsset wanted to know where in America has attracted the most high-income households, so they used Census Bureau data to rank 352 US cities based on how much the share of households earning at least $200,000 annually grew between 2022 and 2023.

In the space of just a year, the proportion of high-income households in Palm Bay, Florida, jumped by almost 150 percent, the largest growth of any location analyzed. Just three percent of the city's households made $200,000 or more in 2022 — but by the following year, that figure stood at 7.4 percent.

The second- and third-ranking cities in the study were Green Bay, Wisconsin (119.4 percent), and Paradise, Nevada (114.7 percent).

When it comes to the highest rate of high-earner households, Sunnyvale, California, topped the list, with 48.6 percent of its households enjoying incomes of at least $200,000 a year.

The share of high-income households shrunk the most in Waterbury, Connecticut, where it fell by 63.2 percent.

Via SmartAsset.

[Image credit: Chris Rand / Creative Commons [Cropped]]