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20 East Coast cities where the upper class has grown the most in the past five years


  • Number of households with an income of $150,000 or more in 2017: 4,868
  • Number of households with an income of $150,000 or more in 2022: 9,987
  • Change in higher income households over five years: 5,119

Methodology: For this study, GOBankingRates analyzed cities in the east coast states of Connecticut, District of Columbia, Delaware, Florida, Georgia, Massachusetts, Maryland, Maine, North Carolina, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, South Carolina, Virginia , Vermont and West Virginia are places where the upper class has grown the most in the past five years. For this study, the upper class is considered households earning a total of $150,000 or more. GOBankingRates first began collecting the total number of households from 2017 and 2022 using the 2017 and 2022 US Census American Community Survey S1901. Also collected from the 2017 and 2022 US Census American Community Survey S1901 was median household income, households with a household income of $150,000 to $249,999, and households with an income of $250,000 or more. The total percentage of households earning $150,000 or more was calculated and based on the total number of households for each city, the number of households that were in the upper class was found. The changes in upper class were found using the percentage of upper class in 2022 compared to 2017. The cities are sorted to show the places with the largest increases in upper class households in the East Coast states. All data was collected on and is current as of April 22, 2024.

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