Fortune's Pat Wechsler takes a look at which U.S cities are the best for accumulating wealth and saving money. And the city at the top of the list, to the shock of some, was Houston.
Cities like New York or San Francisco were expected to be at the top of the list. However, while you can make six-figures in these cities, you can also spend it all too quickly just on the necessities.
One of the most surprising cities to crack the top-five was Detroit:
Detroit’s high ranking may be a surprise because of that city’s high foreclosure rate,” Bell said. But “in a place like Detroit, 75% of the people own their own homes. That’s because homes are more affordable.”
To see if your city is one of the best to build wealth, head over to Fortune: