List of U.S. states by the number of millionaire households

Last updated

This is a list of U.S. states and federal district by the number of households with more than $1 million in investable assets as of 2020 (data for the year 2019). The list is compiled annually by market research firm Phoenix Marketing International. [1]

Based on data from Phoenix Marketing International MillionaireHouseholds.png
Based on data from Phoenix Marketing International

List

States by number and share of households with more than $1 million in investable assets (2019) [2]
RankStateNumber of millionaire householdsShare of millionaire households
1Flag of California.svg  California 1,147,2518.51%
2Flag of Texas.svg  Texas 650,2166.32%
3Flag of New York.svg  New York 570,4567.52%
4Flag of Florida.svg  Florida 496,9715.87%
5Flag of Illinois.svg  Illinois 346,8737.13%
6Flag of Pennsylvania.svg  Pennsylvania 328,8596.44%
7Flag of New Jersey.svg  New Jersey 323,4439.76%
8Flag of Virginia.svg  Virginia 272,1038.31%
9Flag of Ohio.svg  Ohio 261,1575.54%
10Flag of Massachusetts.svg  Massachusetts 254,2019.38%
11Flag of Georgia (U.S. state).svg  Georgia 239,2876.07%
12Flag of Michigan.svg  Michigan 236,8585.97%
13Flag of Washington.svg  Washington 233,1557.85%
14Flag of North Carolina.svg  North Carolina 224,0545.45%
15Flag of Maryland.svg  Maryland 221,1899.72%
16Flag of Colorado.svg  Colorado 170,2237.48%
17Flag of Minnesota.svg  Minnesota 167,2067.43%
18Flag of Arizona.svg  Arizona 161,0146.03%
19Flag of Tennessee.svg  Tennessee 139,3355.21%
20Flag of Indiana.svg  Indiana 138,7395.34%
21Flag of Wisconsin.svg  Wisconsin 138,2835.83%
22Flag of Missouri.svg  Missouri 132,1765.39%
23Flag of Connecticut.svg  Connecticut 130,2919.44%
24Flag of Oregon.svg  Oregon 108,8586.43%
25Flag of South Carolina.svg  South Carolina 108,8125.40%
26Flag of Alabama.svg  Alabama 94,2594.87%
27Flag of Louisiana.svg  Louisiana 87,5654.81%
28Flag of Kentucky.svg  Kentucky 83,6244.69%
29Flag of Oklahoma.svg  Oklahoma 75,5674.90%
30Flag of Iowa.svg  Iowa 73,1295.71%
31Flag of Utah.svg  Utah 71,6137.05%
32Flag of Kansas.svg  Kansas 66,4065.81%
33Flag of Nevada.svg  Nevada 63,7525.61%
34Flag of Arkansas.svg  Arkansas 51,5324.33%
35Flag of Mississippi.svg  Mississippi 47,2794.18%
36Flag of New Hampshire.svg  New Hampshire 45,7588.47%
37Flag of Nebraska.svg  Nebraska 45,1305.86%
38Flag of Hawaii.svg  Hawaii 44,3839.20%
39Flag of New Mexico.svg  New Mexico 40,4504.97%
40Flag of Idaho.svg  Idaho 33,6565.14%
41Flag of Maine.svg  Maine 31,9935.60%
42Flag of West Virginia.svg  West Virginia 31,5354.21%
43Flag of Washington, D.C.svg  District of Columbia 29,5069.12%
44Flag of Rhode Island.svg  Rhode Island 28,1656.69%
45Flag of Delaware.svg  Delaware 25,9376.98%
46Flag of Montana.svg  Montana 23,7855.28%
47Flag of Alaska.svg  Alaska 22,3028.18%
48Flag of North Dakota.svg  North Dakota 20,0026.16%
49Flag of South Dakota.svg  South Dakota 18,9055.33%
50Flag of Vermont.svg  Vermont 16,4116.29%
51Flag of Wyoming.svg  Wyoming 12,8495.45%

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References

  1. "Phoenix MI Reveals Findings from 2019 Millionaires Report". Phoenix MI. Retrieved 2021-05-06.
  2. "Millionaires in America 2020: All 50 States Ranked". Kiplinger. Retrieved 2021-05-06.