(1) Plano, Texas
Ranking high on our list is Plano, Texas, which currently hosts 172 companies engaged in the oil and gas industry amidst a small population of 267,480 locals. These companies earn as much as $1,738,498,030 in estimated annual sales, yet employ only 2,402 personnel.
In addition to the oil and gas industry, Plano is also home to some of the largest corporate headquarters, which include Ericsson Inc., Dell Services, HP Enterprise Services, Siemens PLM Software, JC Penney, Crossmark, Frito Lay, and Pepper Snapple Group. These offices are said to represent the main hub or where the controlling interests for these companies are located.
The city of Plano started gaining attention when it was chosen by CNN Money Magazine in 2005 as the Best Place to Live in the Western United States. By 2006, it garnered the 11th place for being the Best Place to Live in the United States, also by CNN Money Magazine, which at the same time cited the city as the wealthiest in the country. Plano City's poverty rate is less than 6.4%.
In 2008, the State Census Bureau identified Plano, Texas as the Wealthiest City in the US for having the highest median household income of $84,319 and a mean income of $112,091 for an average family size of 3.20.
The 2007 Economic Census Fact Sheet for Plano reveals that there are about 141 establishments engaged in accounting, tax preparation, and bookkeeping as well as payroll services in this city, and 971 employees are counted as under their employ.
Now, if you are in Plano, Texas, you only have to earn an annual salary of $19,793 to match the $45,847 earned by accounting clerks in New York City, also on a per annum basis. The median annual salary in Plano City for accounting staff is $45,726. (Reference: Payscale’s Cost of Living Calculator- New York Accounting Assistant)
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