Instant Alert: The 13 best big US cities to live in if you want to get rich

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The 13 best big US cities to live in if you want to get rich

by Business Insider on Oct 31, 2015, 2:30 PM

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If you want to build a fortune, the biggest, most glamorous cities in the US might not be your best bet — rather than San Francisco and New York City, you may want to consider Houston, Cleveland, or Detroit.

That's what Bankrate found in a new report that ranked the 18 largest US metro areas according to how strong of an environment they provide for making and saving money. To determine the rankings, Bankrate analyzed after-tax savable income; the job market; human capital, indicating available educational opportunities for career advancement; access to financial services; participation in retirement savings plans; and the local housing market in each city.

Read the full methodology here.

We've highlighted the top 13 big cities for building wealth. We also included the median home value in each metro area and the median household income, from the US Census Bureau's 2014 American Community Survey.

SEE ALSO: The most expensive ZIP codes in 15 major US cities

13. San Francisco

Population: 4,594,060

Median home value: $657,300

Median household income: $83,222



12. Seattle

Population: 3,671,478

Median home value$334,700

Median household income: $71,273



11. Boston

Population: 4,732,161

Median home value$373,200

Median household income: $75,667



See the rest of the story at Business Insider


 
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