Naples Florida on the LIST Top Millionaires!
Naples FL citizens live in a tropical location around other wealthy residents, Naples is the place to live to see the wealthy. With beautiful Florida sandy beaches and exquisite retailers, Naples is home to many millionaires, who head south to the warmer weather of the Gulf Coast. Naples ranks 3rd in the United States for millionaires, according to research by Phoenix Marketing International, after first place Los Alamos, N.M. and second place Stamford, Conn. Following Naples, Washington, DC and San Jose, Calif., round out the Top 5.
Naples is the top city in Florida of households with millionaires, and the only Florida city in the Top 10. It is the result of wealthy citizens relocating to Naples and bringing their riches with them to call Florida home, avoid higher property taxes and NO state income tax $$$. With a metro population of 320,087+/- in Naples, there are 12,078+/- millionaire households, or approx. 8.9% of the population. The median income for all households in Naples is around $56,876; the median home value is about $317,200. The median value of homes in prime coastal real estate such as Pelican Bay and Old Naples is about $800,000 and rising due to demand.
Lured to the area by the gorgeous location and sunny weather, wealthy citizens and leisure travelers flock to Naples Florida to be near upscale shopping on 5th Ave S, 3rd St S, with top retailers like Cartier, Gucci and Louis Vuitton at the Waterside Shops; golfers enjoy more than 90 golf courses nearby; and eco-tourism is a big draw for residents and tourists to see local wildlife a short drive away at Everglades National Park and Ten Thousand Islands. Boating is another reason that so many with money flock to our shoreline with waterfront options aplenty, luxury high rise condo, executive estate homes with boat docks and water every where to cruise, fish, dive and explore.