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States with the Most Millionaires
By: Paul Toscano, Producer, CNBC.com | 23 Jul 2009 | 12:04 PM ET
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States with the Most Millionaires
Source: Phoenix Marketing International
Phoenix Marketing International's annual list of states with the highest percentage of millionaires by population shows the number has decreased nationwide. The study defines millionaire households as those with $1 million or more in investable or liquid assets (excluding sponsored retirement plans and real estate), and found that the number of millionaires in the US declined 14 percent since 2007. This year’s list shows that 5,139,385 American households — 4.46 percent of the total — were defined as millionaires.So, where are millionaires the most prevalent? Click ahead to find out!By Paul ToscanoPosted 23 July 2009America's Top States for Business

15. Rhode Island
Photo: Marcbela
Percentage of Households: 4.67%Number of  Households: 19,272Total Households: 412,348Percentage in 2007: 5.32%

14. Nevada
Photo: Jon Sullivan
Percentage of Households: 4.67%Millionaire Households: 46,175Total Households: 987,894Percentage in 2007: 5.37%

Tie-12. Washington
Photo: Spmenic
Percentage of Households: 4.81% Millionaire Households: 122,520Total Households: 2,547,695Percentage in 2007: 5.38%

Tie-12. New York
Photo: AP
Percentage of Households: 4.81%Millionaire Households: 345,892Total Households: 7,184,280Percentage in 2007: 5.28%

11. Delaware
Photo: Luiz F Castro
Percentage of Households: 4.93%Millionaire Households: 16,763Total Households: 340,003Percentage in 2007: 6.08%

10. District of Columbia
Photo: CJStumpf
Percentage of Households: 5.00%Millionaire Households: 13,028Total Households: 260,749Percentage in 2007: 5.26%



9. California
Photo: Quadell
Percentage of Households: 5.28%Millionaire Households: 662,735Total Households: 12,553,966Percentage in 2007: 5.78%

8. New Hampshire
Photo: Lookinforahome
Percentage of Households: 5.34%Millionaire Households: 27,562Total Households: 515,887Percentage in 2007: 5.97%

7. Alaska
Photo: Eugeniy Kalinin
Percentage of Households: 5.39%Millionaire Households: 13,348Total Households: 247,663Percentage in 2007: 6.06%

6. Massachusetts
Photo: Nelson48
Percentage of Households: 5.50% Millionaire Households: 137,792Total Households: 2,504,234Percentage in 2007: 6.26%

5. Virginia
Photo: Will Weaver
Percentage of Households: 5.51%Millionaire Households: 166,596Total Households: 3,024,189Percentage in 2007: 6.26%

4. Connecticut
Photo: DBen
Percentage of Households: 6.15%Millionaire Households: 82,837Total Households: 1,346,850Percentage in 2007: 7.00%

3. New Jersey
Photo: GK tramrunner229
Percentage of Households: 6.22%Millionaire Households: 197,694Total Households: 3,178,888Percentage in 2007: 7.12%

2. Maryland
Photo: Gabriele Zanatta
Percentage of Households: 6.26%Millionaire Households: 133,299Total Households: 2,128,530Percentage in 2007: 7.08%

1. Hawaii
Photo: ErgoSum88
Percentage of Households: 6.41% Millionaire Households: 28,363Total Households: 442,144Percentage in 2007: 6.69%Replay SlideshowAmerica's Top States For Business 2009World's Most Expensive Places To LiveUS Cities With The Most Underwater MortgagesWhat Does $1 Trillion Look Like?More From Phoenix Marketing Int'l

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