Millionaire density

Maryland and Hawaii have the highest ratio of millionaires ($1 million or more in investible assets) to total state population, according to a report by Phoenix Affluent Marketing Service (via the Wealth Report). California was pretty high up there. Here's the ranking:

Hawaii -- 6.93%
Maryland -- 6.79%
New Jersey -- 6.69%
Connecticut -- 6.65%
Massachusetts -- 5.98%
Alaska -- 5.97%
Virgina -- 5.94%
New Hampshire -- 5.79%
California -- 5.66%
Washington, D.C. -- 5.53%

The millionaire populations and millionaire densities of Hawaii, Maryland, New Jersey, California and New York increased in 2010 from 2009. That suggests that the states gained more millionaires than they lost.


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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
 
Mark Lacter, business writer and editor was 59
The multi-talented Mark Lacter
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