Despite many corporations moving their suburban headquarters to larger cities, amplifying the existing theory that wealthy Americans prefer to live in urban areas, the latest Census data draws an altogether different conclusion, per newgeography.com.
Joel Kotkin originally reported on Forbes.com that in the top 53 metros, suburbs house 71.5% of the highest earners.
The very top of this pyramid consists largely of two archetypes, elite “superstar” cities, but more so well-located suburbs, often near the most dynamic cores. Many are areas that have benefited the most from the post-Great Recession boom in technology as well as in the much larger business and professional services sector.
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