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These states have a many millionaires per capita

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Wealth

The nation’s domestic collateral is also apropos a resources capital.

Two of a tip 10 states for millionaires per capita are in a Washington, D.C., area, with a district itself also creation a list, according to a new study.


Maryland once again surfaced this year’s rankings, combined by a Wealth Affluent Monitor and published by Phoenix Marketing International. Fully 170,140 of a state’s 2.25 million households are millionaires, jolt out to 7.55 percent.

Virginia ranked No. 8, with 6.64 percent of a households being millionaires. The District of Columbia came in 9th during 6.32 percent.

The rankings are a latest justification that a U.S. supervision — with a burgeoning army of lobbyists, lawyers, analysts and investors — is apropos some-more of a resources hub.

Measured in sum numbers, California, Texas and New York dominated a millionaire count. California has 832,849 millionaire households; Texas 526,977; and New York 444,616.

The biggest gainers from 2015 to 2016 were Utah (17th), Michigan (29th), Arizona (30th) and Ohio (31st). All 4 changed adult 5 slots. The biggest decliner was New Mexico, that forsaken 11 places to 43rd. Its ranking has been shrinking due to debility in oil and gas markets.

Phoenix Marketing International defines millionaire households as those with $1 million or some-more in investible assets, that embody education/custodial accounts, individually-owned retirement accounts, stocks, options, bonds, mutual funds, managed accounts, sidestep funds, structured products, ETFs, money accounts, annuities, and money value life word policies.

Here are a tip 5 and bottom 5 states in millionaires per capita. The rankings embody Washington, D.C.

1. Maryland – 7.55 percent
2. Connecticut – 7.4 percent
3. New Jersey – 7.39 percent
4. Hawaii – 7.35 percent
5. Alaska – 7.15 percent

47. Alabama – 4.46 percent
48. Kentucky – 4.32 percent
49. West Virginia – 4.22 percent
50. Arkansas – 4.08 percent
51. Mississippi – 3.77 percent

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