10 States With the Most Millionaires

By
Real Estate Agent with Coldwell Banker BRE# 01940159

If you are wondering where millionaires are, and where they "gravitate," here is a nice article to read: http://realtormag.realtor.org/daily-news/2014/01/28/10-states-most-millionaires?om_rid=AAMyLR&om_mid=_BS6BpXB838Asq2&om_ntype=RMODaily

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.

 

Posted by

     Mario Reyes

Real Estate Agent, BRE# 206535371
Coldwell Banker Residential Brokerage 

21060 Redwood Rd., Suite 100, Castro Valley , CA 94546

Office   No. -(510) 583-5433;  Fax No. (510)583-5480

Mobile No. -(510) 329-7644 
www.marioreyesrealtor.com
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Comments (6)

Gerard Gilbers
Higher Authority Markeing - Asheboro, NC
Your Marketing Master

The article did not mention actual numbers of millionaires only the percentage of the overall population. I would be curious how the states would change based on just the numbers. Great information, I was surprised by a couple of the the states on the list.

Jan 30, 2014 07:29 AM
Mario A. Reyes
Coldwell Banker - San Leandro, CA
Your real estate friend at San Francisco Bay Area

Thank you Gerard. I am surprised that California is only #10.

Jan 30, 2014 10:56 AM
David Saks
(retired) - Memphis, TN

Interesting stats. Thank you for sharing. Have a great weekend.

Jan 30, 2014 04:46 PM
Tony Morganti
RE/MAX Crossroads in Cuyahoga Falls and Stow, Ohio - Cuyahoga Falls, OH
CRS, ABR, SRES - Cuyahoga Falls, Stow

This is an interesting article with some insight that can be helpful.  I am wondering how often this data is updated and if there is or has been any noticeable change over time as to the locations.

Jan 30, 2014 10:18 PM
Mario A. Reyes
Coldwell Banker - San Leandro, CA
Your real estate friend at San Francisco Bay Area

Hi Tony,

Thank you for your comment and I will check on that. Have a good day!

Jan 31, 2014 12:50 AM
Mario A. Reyes
Coldwell Banker - San Leandro, CA
Your real estate friend at San Francisco Bay Area

Have a great weekend David!

Jan 31, 2014 06:28 AM

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