Where Are the Millionaires?

By Sun

The latest Census Bureau statistics shows there are 3,510,000 millionaires in US based on a sample of federal estate tax returns (Form 706). Millionaire is defined as "those adults with net worth (assets minus liabilities) of $1 million or more." Here's a state-by-state break down of where those millionaires are.

StateNo. of
millionaires		StateNo. of
millionaires
Alabama35KMissouri58K
Alaska6KMontana11
Arizona45Nebraska14K
Arkansas22KNevada26K
California572KNew Hampshire17K
Colorado59KNew Jersey178K
Connecticut83KNew Mexico18K
Delaware11KNew York31K
D.C.11KNorth Carolina83K
Florida249KNorth Dakota5K
Georgia86KOhio114K
Hawaii13KOklahoma22K
Idaho13KOregon41K
Illinois185KPennsylvania135
Indiana53Rhode Island13K
Iowa32KSouth Carolina40K
Kansas28KSouth Dakota10K
Kentucky26KTennessee49K
Louisiana34KTexas182K
Maine12KUtah14K
Maryland69KVermont3K
Massachusetts105KVirginia94K
Michigan88KWashington73K
Minnesota60KWest Virginia10K
Mississippi11KWisconsin54K
Other areas1KWyoming7K

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Personal finance

3 Responses to “Where Are the Millionaires?”

  1. moneymonk |  Dec 24, 2006 at 11:56 am

    California and Florida does not surprise me, Cali have a lot of Actors and Entertainers. And Florida, well it seem to be a retirement havon.

    Merry Christmas Sun !

  2. TMT |  Dec 24, 2006 at 1:28 pm

    Merry Christmas Sun.

  3. Super Saver |  Dec 24, 2006 at 4:00 pm

    Sun,

    Merry Christmas and Happy New Year. The Sun’s Financial Diary has been added to My Wealth Builder’s Personal Finance Friends blog roll.