Friday
October 31, 2014

10 States With the Most Millionaires

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10 States With the Most Millionaires

Where do home buyers have the most to spend on housing? CNNMoney recently highlighted a map that shows which states millionaires gravitate to the most. Here are the 10 states that boasted the highest number of millionaires, along with the ratio of millionaires to households in each state:

  1. Maryland: 7.70%
  2. New Jersey: 7.49%
  3. Connecticut: 7.32%
  4. Hawaii: 7.18%
  5. Alaska: 6.75%
  6. Massachusetts: 6.73%
  7. Virginia: 6.64%
  8. New Hampshire: 6.48%
  9. Delaware: 6.20%
  10. California: 6.04%

The state with the least number of millionaires? Mississippi.

Source: “Where America’s Millionaires Live,” CNNMoney (January 2014)

Read more:

Luxury Returns to Housing