Phoenix ranked No. 9 in a recent study of the “Best Cities for Building Wealth in 2016,” ahead of New York, Chicago, Philadelphia and Dallas.
Bankrate ranked cities based on five categories: savable income, human capital, access to financial services, homeownership rate and debt burden. Phoenix had the third highest savable income rate, with residents saving an average of $14,828 annually after income taxes and expenditures.
Source: JLL Research; Bankrate.com
About the author
Kiana Cox is a senior research analyst in the JLL Phoenix office who works closely with brokerage and support professionals throughout the western region, as well as colleagues throughout the global JLL organization, to provide best-in-class research that differentiates JLL.