The Bay Area's unmatched tech sector productivity allows for more big earners without constraints, unlike other high-paid professions like doctors or lawyers who face limitations.
The concentration of high earners in San Francisco reflects the ongoing impact of the booming tech industry on local housing markets and its socio-economic landscape.
San Francisco has the highest ratio of million-dollar earners, with less than one in 50 jobs paying over $500,000, showcasing its leading wealth retention among metro areas.
The study highlights that over 1 million people nationwide earn at least $500,000 annually, while Florida cities are rising in rankings for million-dollar paychecks.
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