DC comes in close second in Bankrate’s nest egg study

Consumer debt puts DC at second place in new Bankrate rankings
  • Washington, DC is the second-best place to build wealth, says Bankrate.com.
  • Consumer debt was the deciding factor between DC and first-place finisher Houston.
  • Strong job market helped DC into a top spot.

According to a study of a variety of conditions that help people build wealth in 18 large cities, Washington, D.C., comes in second only to Houston. Bankrate ranked the largest metro areas in the U.S. according to how strong of an environment they provide for making and saving money.