Million-Dollar Cities by State

The map illustrates the distribution of million-dollar cities across the United States, highlighting significant regional disparities. California leads with a staggering 218 cities where the average home costs $1 million or more, reflecting the state's high property values and economic concentration. New York follows with 76 such cities, underscoring its status as a financial hub. Interestingly, Florida, known for its diverse real estate market, ranks third with 30 cities, indicating a growing trend in luxury housing. The presence of 60 million-dollar cities in New Jersey suggests a spillover effect from New York's economic influence. Meanwhile, states like Washington and Hawaii, with 23 and 22 cities respectively, show the impact of tech industry growth and tourism on property values. The data reveals that even traditionally less expensive states like Colorado and Texas have significant numbers of million-dollar cities, with 22 and 17 respectively, pointing to broader national trends in housing market inflation. This geographic spread of high-value cities highlights the complex interplay of local economies, industry presence, and lifestyle preferences driving real estate markets across the country.

Creator
plotset team
Date
Views
9