FAIRFIELD COUNTY, Conn. – Of all the places to live, more wealthy Americans choose to live in Fairfield County than anywhere else.
Almost 18 percent of the households in the Bridgeport-Stamford-Norwalk area are what the United States Census would consider to be in the top 5 percent household incomes, or households earning $191,469 or more a year.
The San Jose area comes in second with 15.9 percent of the families considered high income, followed by the greater Washington D.C. area at 14.1 percent. San Francisco comes in fourth at 13 percent and Trenton, N.J. at number five with 11.6 percent households being high-income homes.
Two Danvilles -- in Illinois and Virginia -- tied for bottom at 1.1 percent of their households earning at least $191,000. Pine Bluff Arkansas came in third to last at 1.2 percent and Muskegon, Mich. and Steubenville, Ohio tied at 1.3 percent.
The study shows most of the country's wealth is concentrated along the coast lines, including New England, the Pacific coast and parts of the Mid-Atlantic region. Areas with the lowest wealth concentration were further inland and further south, mainly in Alabama, Kentucky, Mississippi and Tennessee.
"This report addresses one aspect of the growing interest in income distribution by examining the geographic spread of high-income households," said David Johnson, chief of the Census Bureau's Social, Economic and Housing Statistics Division, in a statement.
The study was conducted using 2007-11 census data from the American Community Survey.
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