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krazeeboi

Beaufort County boasts fifth-largest concentration of millionaires per capita

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Beaufort County has the fifth-largest concentration of millionaires per capita in the United States, according to a report in the May issue of Kiplinger's Personal Finance magazine. Areas were chosen for the percentage of their total households that contain people with a net worth of $1 million or more -- excluding the value of their primary residence -- rather than for the sheer number of millionaires.

I knew the area was a relatively wealthy one, but who knew it would rank FIFTH? Wow.

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Beaufort County has the fifth-largest concentration of millionaires per capita in the United States, according to a report in the May issue of Kiplinger's Personal Finance magazine. Areas were chosen for the percentage of their total households that contain people with a net worth of $1 million or more -- excluding the value of their primary residence -- rather than for the sheer number of millionaires.

I knew the area was a relatively wealthy one, but who knew it would rank FIFTH? Wow.

That's interesting, but not surprising to me. The county's population is relatively small, and there are a lot of people with very nice houses, particularly on Hilton Head, but also in Beaufort. I believe Beaufort County has long been SC's wealthiest county per capita.

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Yeah, its all Hilton Head. It is an interesting fact though.

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