Austin saw a millionaire growth rate of 102% from 2012 to 2022, per a recently published report. In December 2022, Austin was home to 30,500 millionaires, 86 centi-millionaires, and nine billionaires.
In December 2022, Austin was home to 30,500 millionaires, 86 centi-millionaires, and nine billionaires.
"With no state income tax and abundant space, Austin has been a growth market for luxury real estate," per the report's analysis, "with the metro in particular gaining from internal migration due to tech firms such as Amazon, Google, Meta, SpaceX, and Tesla expanding their presences, and Apple investing USD 1 billion in a new campus."Henley and Partners advises clients on where to move their families and businesses to find favorable tax situations.
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