These 7 States have the Highest Concentrations of Millionaires

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A million bucks doesn’t go as far as it used to, but it is still a lot of money. Nationally, only 5.8% of households have $1 million or more in investable assets. But the wealth isn’t evenly distributed across the states.

According to Kiplinger the states with the highest concentration of millionaires are as follow:

1. Maryland (7.87%)
2. New Jersey (7.86%)
3. Connecticut (7.75%)
4. Hawaii (7.57%)
5. Alaska (7.50%)
6. Massachusetts (7.41%)
7. New Hampshire (7.36%)

You can check out Kiplinger’s entire ranking of Millionaires by state here.