5 States With the Most Millionaires Per Capita in the US

In this article, we will be covering the 5 states with the most millionaires per capita in the US. If you want to read our detailed analysis, you can go directly to the 15 States With the Most Millionaires Per Capita in the US.

5. Hawaii

Millionaires to Total HH: 9.20%

Millionaire Households: 44,383

Hawaii is an island state located in the Western US. It has a total of 44,383 millionaire households. Hawaii’s millionaires to total households ratio of 9.20% places it among the states with the most millionaires per capita in the US.

4. Massachusetts

Millionaires to Total HH: 9.38%

Millionaire Households: 254,201

Massachusetts has a GDP per capita of $88,362 and a total of 254,201 millionaire households. With a millionaires to total households ratio of 9.38%, Massachusetts is ranked fourth among the states with the most millionaires per capita in the US.

3. Connecticut

Millionaires to Total HH: 9.44%

Millionaire Households: 130,291

Connecticut has a GDP per capita of $78,430 and a total of 130,291 millionaire households. Connecticut’s millionaires to total households ratio of 9.44% places it among the states with the most millionaires per capita in the US.

2. Maryland

Millionaires to Total HH: 9.72%

Millionaire Households: 221,189

Maryland has a GDP per capita of $68,361 and millionaires to total households ratio of 9.72%. With a total of 221,189 millionaire households, Maryland is ranked second among the states with the most millionaires per capita in the US.

1. New Jersey

Millionaires to Total HH: 9.76%

Millionaire Households: 323,443

New Jersey is the top state with the most millionaires per capita in the US. New Jersey has a total of 323,443 millionaire households and a millionaires to total households ratio of 9.76%. 

You can also take a look at 25 Best Online Business Degree Programs Heading Into 2024 and 17 Countries With Best Universities In Europe.