US States with the Most Millionaires 2010

Source: Phoenix Marketing International Each year, Phoenix Marketing Internationalanalyzes national data on millionaire households to reveal which US states attract the most high-income families.Data from Phoneix shows a list of states with the highest percentage of millionaires by population, while the overall number of millionaire households in the US has increased nationwide for the first time in two years. In 2009, there were 5.14 million millionaire households, compared to 5.56 million in 2010, an increase of approximately 7.6% that saw nearly every US state increase its total number of millionaires. The study defines millionaire households as those with $1 million or more in investable or liquid assets (excluding sponsored retirement plans and real estate). Overall, 4.78% of US households claim millionaire status, a fall from the 2007 high of 5.25%. David Thompson, Managing Director of Phoenix Marketing International, notes that “small states with large concentrations of highly educated professionals and business owners are key ingredients to growing wealth,” and that states with a large proportion of millionaires tend to share these characteristics. So, where are millionaires the most prevalent? Click ahead to find out!By Paul ToscanoPosted 29 Sept 2010

Percentage of households: 5.05% Millionaire households: 242,536 Total households: 4,800,176 Percentage in 2009: 4.67% Millionaire households: 223,636

Photo: Getty Images Percentage of households: 5.10% Millionaire households: 20,873 Total households: 409,575Percentage in 2009: 4.67% Millionaire households: 19,272

Percentage of households: 5.18% Millionaire households: 133,582 Total households: 2,577,274 Percentage in 2009: 4.81% Millionaire households: 122,520

Percentage of households: 5.25% Millionaire households: 381,197 Total households: 7,263,927 Percentage in 2009: 4.81% Millionaire households: 345,892

Photo: Getty Images Percentage of households: 5.36% Millionaire households: 18,412 Total households: 343,322 Percentage in 2009: 4.93% Millionaire households: 340,003

Photo: Getty Images Percentage of households: 5.53% Millionaire households: 14,533 Total households: 262,976 Percentage in 2009: 5.00% Millionaire households: 13,028

Percentage of households: 5.66% Millionaire households: 716,316 Total households: 12,653,856 Percentage in 2009: 5.28% Millionaire households: 662,735

Percentage of households: 5.79% Millionaire households: 29,790 Total households: 514,667 Percentage in 2009: 5.34% Millionaire households: 27,562

Photo: Getty Images Percentage of households: 5.94% Millionaire households: 180,638 Total households: 3,043,091 Percentage in 2009: 5.51% Millionaire households: 166,596

Photo: Michael Melford | The Image Bank | Getty Images Percentage of households: 5.97% Millionaire households: 14,805 Total households: 248,009 Percentage in 2009: 5.39% Millionaire households: 13,348

Photo: Gavin Heller | Photographer's Choice | Getty Images Percentage of households: 5.98% Millionaire households: 150,884 Total households: 2,521,928 Percentage in 2009: 5.50% Millionaire households: 137,792

Photo: Getty Images Percentage of households: 6.65% Millionaire households: 89,647 Total households: 1,347,693 Percentage in 2009: 6.15% Millionaire households: 82,837

Photo: Driendl Group | Photodisc | Getty Images Percentage of households: 6.69% Millionaire households: 212,396 Total households: 3,175,894 Percentage in 2009: 6.15% Millionaire households: 197,694

Percentage of households: 6.79% Millionaire households: 144,686 Total households: 2,129,773 Percentage in 2009: 6.26% Millionaire households: 133,299

Photo: Driendl Group | Photodisc | Getty Images Percentage of households: 6.93% Millionaire households: 30,793 Total households: 444,202 Percentage in 2009: 6.41% Millionaire households: 28,363

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