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Markets with the Most Fortune 500 Headquarters

Markets with the Most Fortune 500 Headquarters

The nation’s 500 biggest revenue-generating businesses produced a total of nearly $16.1 trillion in revenue during 2021, according to the recently released Fortune 500 rankings. That represents roughly two-thirds of the nation’s gross domestic product. Although New York continues to rank as the nation’s top market for Fortune 500 headquarters, the numbers of those prestigious companies have been declining. New York laid claim to the headquarters of 48 Fortune 500 companies in the 2022 ranking, down one company from 2021’s list. The #2 market in the nation was Chicago, home to 35 Fortune 500 companies after losing one top business this year. Two big Texas markets – Houston and Dallas – have 24 and 21 Fortune 500 headquarters, respectively. Both Houston and Dallas gained one company over the past year. San Jose and Atlanta tied for the #5 spot, both with 17 Fortune 500 headquarters. While the count in San Jose was down by two, Atlanta gained one Fortune 500 company. Washington, DC ranked #7 with 16 companies followed by Minneapolis with 15 companies. Both those markets lost one Fortune 500 company over the past year. Boston, at #9, had 15 Fortune 500 headquarters in 2022, unchanged from 2021. Newark, Philadelphia and San Francisco tied for the #10 spot, each with 13 Fortune 500 headquarters, all with the same number as they had in 2021.