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
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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Kiplinger. (May 27, 2020). Number of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state [Graph]. In Statista. Retrieved November 26, 2024, from https://www.statista.com/statistics/1125909/us-millionaire-households-number-state/
Kiplinger. "Number of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state." Chart. May 27, 2020. Statista. Accessed November 26, 2024. https://www.statista.com/statistics/1125909/us-millionaire-households-number-state/
Kiplinger. (2020). Number of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state. Statista. Statista Inc.. Accessed: November 26, 2024. https://www.statista.com/statistics/1125909/us-millionaire-households-number-state/
Kiplinger. "Number of Households in The United States with One Million or More U.S. Dollars in Investible Assets in 2020, by State." Statista, Statista Inc., 27 May 2020, https://www.statista.com/statistics/1125909/us-millionaire-households-number-state/
Kiplinger, Number of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state Statista, https://www.statista.com/statistics/1125909/us-millionaire-households-number-state/ (last visited November 26, 2024)
Number of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state [Graph], Kiplinger, May 27, 2020. [Online]. Available: https://www.statista.com/statistics/1125909/us-millionaire-households-number-state/