May 03, 2007

America's Top 10 Millionaire Counties

This one is via CNNMoney.com: the Top 10 Millionaire counties" in the US. By this they mean "the nation's top 10 counties with the highest number of millionaire households, which have a net worth of at least $ 1 million, not including the value of a resident's home." According to TNS Financial Services, those counties are:

1. Los Angeles County, California
2. Cook County, Illinois
3. Orange County, California
4. Maricopa County, Arizona
5. San Diego County, California
6. Harris County, Texas
7. Nassau County, New York
8. Santa Clara County, California
9. Palm Beach County, California
10. King County, Washington

Some of these are pretty obvious: L.A., I think, and Cook County (Chicago). Nassau? Probably 'cause I was born there, and probably, too, because it's just outside New York City. Orange County and Palm Beach County aren't really surprising, either.

But Harris County, Texas? That's Houston, folks. The county which contains America's fourth largest city is also one of its wealthiest. Hmm...I wonder if El Paso's public officials -- and voters -- will conclude that it's because Houston is a good place in which to do business?*

Smart money has already said: No.

*Hint: No zoning.

Posted by Craig Ceely at May 3, 2007 07:10 PM
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