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Over the last two years, households earning $200,000 or more annually have been seeking better opportunities elsewhere.
Here are seven cities losing the most high-income households and why, according to a recentSmart Asset study.
Also find out the minimum salary required to be considered upper middle class this year.
The median household income also fell to $43,420 from $51,572.
Despite many households moving out of Laredo, themedian household incomerose slightly to $60,720.
While the city lost over 2,344 high-income earners, it added new households with a modest 2.3% increase.
Despite these high-income households moving to other cities, the median household income increased to $76,205.
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