Number of households who are millionaires. by state U.S. 2020

Published by

Sep 23, 2024

In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number.

Number of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state

Characteristic	Share of total households
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Release date

May 2020

More information

Region

United States

Survey time period

2019

Supplementary notes

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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