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

Published by
Veera Korhonen,
Jun 2, 2023
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

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Release date

May 2020

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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