As of 2020, New Jersey had the highest concentration of millionaire households in the U.S., with 9.76 percent of all households having one million or more in investible assets. Mississippi had the lowest concentration, with 4.18 percent of households being millionaires.
Share of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state
Millionaire households are defined by the source as those with one million U.S. dollars or more in investible assets, such as cash, stocks, bonds and funds. Excluded is the value of non-investible assets like real estate, employer-sponsored retirement plans and business partnerships.
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Kiplinger. (May 27, 2020). Share of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1125889/us-millionaire-households-share-state/
Kiplinger. "Share of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state." Chart. May 27, 2020. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1125889/us-millionaire-households-share-state/
Kiplinger. (2020). Share of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1125889/us-millionaire-households-share-state/
Kiplinger. "Share of Households in The United States with One Million or More U.S. Dollars in Investible Assets in 2020, by State." Statista, Statista Inc., 27 May 2020, https://www.statista.com/statistics/1125889/us-millionaire-households-share-state/
Kiplinger, Share of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state Statista, https://www.statista.com/statistics/1125889/us-millionaire-households-share-state/ (last visited November 21, 2024)
Share of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state [Graph], Kiplinger, May 27, 2020. [Online]. Available: https://www.statista.com/statistics/1125889/us-millionaire-households-share-state/