11 facts about Houston that make it the best city in America to build wealth
Ed Schipul/flickrToro, the Houston Texans mascot.
If you want to build a fortune, you may want to consider Houston, Texas - Bankrate recently ranked it as the best big US city for accumulating wealth.
With its thriving economy and abundance of Fortune 500 companies, it's no surprise Houston secured the top spot.
We rounded up 11 facts about the Bayou City that show why it's an ideal place to strike it rich:
It's got the jobs. Houston is the No. 1 city for job creation in the US. By a lot.
Between 2009 and 2013, its real GDP increased by 22%, more than twice as fast as the American economy as a whole.
Houston is home to more Fortune 500 company headquarters than anywhere in America except for New York and Chicago.
Massive international trade gives another big jobs boost to the rapidly growing city.
Houston's unemployment rate is significantly below the national level.
Your paycheck goes farther in Houston than most other major cities.
Housing is more affordable in Houston. The city didn't experience a housing bubble the way the rest of the country did.
It's exceptionally business friendly, and unlike most other big cities in America, Houston has no zoning code.
Residents carry very little consumer debt.
It's been one of the fastest growing US cities for years, and isn't slowing down — Houston will soon become the third largest city in America.