Arizona
Step inside Scottsdale, Arizona, where migrating millionaires have created one of the hottest housing markets in the country
- Wealthy Americans are moving to Scottsdale, Arizona.
- Scottsdale has seen a 102% increase in millionaire residents over the past decade.
- The appeal of Scottsdale lies in its booming business scene and stunning desert landscapes.
Wealthy residents from big cities across the US are uprooting their lives to start over in Scottsdale, Arizona.
Scottsdale is one of the country’s fastest-growing cities in terms of wealth. There are 243,000 residents — about 14,600 of them are millionaires, and five are billionaires, AZ Central reported in March. According to the USA Wealth Report by Henley & Partners, that’s a 102% increase in millionaire residents over the past decade.
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I recently spent 48 hours exploring Scottsdale’s top neighborhoods to learn what’s drawing so many millionaires to the area. From a booming business scene to breathtaking desert landscapes, here’s what I found.