The Bridgeport-to-Stamford metro area was found to be a hotbed of young money, according to a new study by Portfolio.com.
The region came in second with 41.2 percent of households under the age of 45 with incomes of $100,000 or more. First place went to San Jose, Calif., with 47.8 percent; and in third was San Francisco-Oakland.
“Entrepreneurs looking to jump-start their business and marketers looking for the disposable income of this crucial demographic now know where to focus,” said J. Jennings Moss, editor of Portfolio.com. “The Southwest is making headway in attracting younger crowds and re-establishing itself as a destination for those in their 20s and 30s looking for opportunities during the recession.”
The company named Austin, Texas, as the best market in the country for young adults, and anointed the Southwest as the best region. In addition to Austin , the best places for young adults were Washington, D.C., Raleigh, N.C., Boston and Houston. Connecticut was not mentioned as one of the most inviting environment for young people.
Moss said affluent young Americans are continuing to head to the metropolitan areas of the country”™s coasts, where more than one-third of households under age 45 have incomes of $100,000 or more.
