• There are literally millions of millionaires in the United States
  • There are 7.1 million households in the US that have investable assets of $1 million or more
  • This is a higher total population of millionaires than any other country in the world
  • Here is a from HowMuch.net, and it breaking down millionaires by state
  • And here below are the states with the highest millionaire populations, in absolute terms.

Millionaires per State

Rank State Millionaire households % of all households
#1 California 885,225 6.61%
#2 Texas 566,578 5.66%
#3 New York 465,479 6.15%
#4 Florida 427,824 5.23%
#5 Illinois 300,142 6.14%
#6 Pennsylvania 294,002 5.77%
#7 New Jersey 258,988 7.86%
#8 Ohio 243,118 5.19%
#9 Virginia 226,167 6.98%
#10 Michigan 210,957 5.35%

Millionaire Concentration

Rank State Millionaire households % of all households
#1 Maryland 178,003 7.87%
#2 New Jersey 258,988 7.86%
#3 Connecticut 106,892 7.75%
#4 Hawaii 36,903 7.57%
#5 Alaska 20,444 7.50%
#6 Massachusetts 198,750 7.41%
#7 New Hampshire 39,209 7.36%
#8 Virginia 226,167 6.98%
#9 Delaware 24,212 6.62%
#10 California 885,225 6.61%

 

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These highlights are from the source article:

Visualizing U.S. Millionaires by State of Residence