About 5.8 percent of the U.S. population, 7.2 million households, are millionaires. And that means they have at least one million dollars in the bank or investments. This measurement does not count the value of their home or other property, retirement plans or business partnerships. Some people might argue that a million dollars cannot buy what it could years ago, but it is still a lot of money. Kiplinger, publisher of business and financial information, joined with Phoenix Marketing International to find where the millionaires live. They looked at 933 urban areas, cities and towns with at least 50,000 people. The Bridgeport-Stamford-Norwalk area of Connecticut was at the top of the list. About nine percent of the people who live there, 31,506 people in all, can call themselves millionaires. This part of Southeastern Connecticut is close to New York City. It is also home to a number of financial businesses and investment companies.
What does urban mean?
of or relating to a city or heavily populated area
of or relating to a sparsely populated area
a deserted town or city
an abundance of farmland
This part of Southeastern Connecticut is close to New York City.
Paris
India
San Francisco
New York City