The highest-earning US metro is a town in Texas you've probably never heard of

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oil drill Wikimedia Commons Midland, Texas benefited from the boom in global oil prices.

The highest-earning US city isn't out west, where the high-paid techies reside, nor is it on the banker-laden east coast, home to a handful of Wall Street moguls.

It's in western Texas. Specifically, Midland, which lies between Fort Worth and El Paso.

In a recent report that analyzed 229 US metro areas, the Pew Research Center found the median household income of Midland residents to be $90,743. That's 45% greater than the national median of $62,462.

"Nationwide, the median income of US households in 2014 stood at 8% less than in 1999, a reminder that the economy has yet to fully recover from the effects of the Great Recession of 2007-09," Pew reports.

"The decline was pervasive, with median incomes falling in 190 of 229 metropolitan areas examined. ... Midland bucked the prevailing trend with the median income there rising 37% from 1999 to 2014, the greatest increase among the areas examined."

Additionally, Midland has the largest share of upper-class residents : 37%. The median household income of that 37% is $181,282.

The city actually benefited from the shrinking middle class , Pew explains: "The share of adults in middle-income households in Midland decreased from 53% in 2000 to 43% in 2014, the fourth-largest drop in the nation. But this was accompanied by rapid growth in the share of adults in upper-income households in Midland, which doubled from 18% in 2000 to 37% in 2014."

Why is this metro in western Texas thriving?

It's rich in energy resources, Pew says, and " benefited from the boom in global oil prices in the post-Great Recession era."

Pew does note, however, that "the sharp decline in oil prices since 2014 may put the Midland economy to the test ."

Read the full report and methodology .

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