For a lot of America’s most upscale individuals, having a 2nd or 3rd house is the standard. And according to a brand-new report, they choose residential or commercial properties in beachfront locations like Boca Raton or near the Rocky Mountains.
Henley and Partner’s 2023 wealth report ranked the top 10 U.S. towns where centi-millionaires– those with a wealth of $100 million or more– own 2nd houses.
Data gathered by New World Wealth, a worldwide intelligence company, revealed the variety of centi-millionaires residing in these towns changing depending upon the time of year.
In December 2022, the peak holiday, the variety of centi-millionaires increased significantly, which recommends more holiday property owners in these locations.
Top 10 U.S. towns where millionaires are purchasing 2nd houses
- Miami, Florida
- The Hamptons, New York
- West Palm Beach, Florida
- Napa, California
- Aspen, Colorado
- Santa Barbara and Montecito, California
- San Diego, California
- Jackson Hole, Wyoming
- Carmel- by-the-Sea, California
- Boca Raton, Florida
Miami, Florida, that includes the city and the island of Miami Beach was available in the primary area on the list. The Henley and Partner’s report mentioned that throughout December 2022, there were over 800 centi-millionaires with houses in the Florida city.
Miami has actually likewise seen a millionaire development rate of 75% from 2012 to2022 According to the report, in December 2022, the city was house to 38,000 millionaires, 160 centi-millionaires, and 12 billionaires.
The 2nd town on the list is The Hamptons, NewYork Henley and Partner’s report mentioned that the popular play ground for the abundant and popular had 700+ centi-millionaire homeowners throughout the peak holiday versus 25 long-term homeowners.