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

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]

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
11,147,2518.51%
2650,2166.32%
3570,4567.52%
4496,9715.87%
5346,8737.13%
6328,8596.44%
7323,4439.76%
8272,1038.31%
9261,1575.54%
10254,2019.38%
11239,2876.07%
12236,8585.97%
13233,1557.85%
14224,0545.45%
15221,1899.72%
16170,2237.48%
17167,2067.43%
18161,0146.03%
19139,3355.21%
20138,7395.34%
21138,2835.83%
22132,1765.39%
23130,2919.44%
24108,8586.43%
25108,8125.40%
2694,2594.87%
2787,5654.81%
2883,6244.69%
2975,5674.90%
3073,1295.71%
3171,6137.05%
3266,4065.81%
3363,7525.61%
3451,5324.33%
3547,2794.18%
3645,7588.47%
3745,1305.86%
3844,3839.20%
3940,4504.97%
4033,6565.14%
4131,9935.60%
4231,5354.21%
4329,5069.12%
4428,1656.69%
4525,9376.98%
4623,7855.28%
4722,3028.18%
4820,0026.16%
4918,9055.33%
5016,4116.29%
5112,8495.45%

Notes and References

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