How well do your know your neighbor?
The Kiplinger financial news website ranked the top states where you can find the highest percentage of millionaires.
About 5.8 percent of the U.S. population qualifies as millionaires, or about 7.2 million households, according to Kiplinger.
Despite being home to Manhattan, New York did not make the top 10 list, ranking 17th with 465,479 millionaire households. Manhattan is the most expensive place to live in the country and has as one of its residents David Koch of Koch Industries, who tops the list of millionaires in New York’s with $51.5 billion.
Nebraska’s richest resident, Warren Buffett, chairman and CEO of Berkshire Hathaway, is worth $8.58 billion and lives in his hometown of Omaha.
Kiplinger’s ranking, in ascending order, are the top states whose populations have the highest percentage of millionaires:
10. California
California has the most millionaires in the country, with 885,225 households. In the San Francisco-Oakland metro area, there are about 25,000 households with more than $5 million in investable assets.
9. Delaware
DowDuPont and AstraZeneca are located in this state and responsible for much of the wealth. Gore-Tex heirs Robert Gore and Elizabeth Snyder are the wealthiest residents with a net worth of $750 million.
8. Virginia
The suburbs of Washington, D.C., such as the cities of McLean and Arlington, have high concentrations of millionaires.
7. New Hampshire
Heiress Andrea Reimann-Ciardelli is New Hampshire’s richest resident with a net worth of $1.1 billion.
6. Massachusetts
Massachusetts has 198,750 millionaire households.
5. Alaska
The Last Frontier has 20,444 millionaire households. Alaska’s capital, Juneau, had the third-largest group of millionaires in the country.
4. Hawaii
Hawaii’s fourth-largest island of Kauai, and Honolulu, are where many of the millionaire households in the U.S. are located.
3. Connecticut
The Stamford metro area has the highest concentration of millionaires in the country. The towns of Norwalk and Bridgeport are within commuting distance to New York City.
2. New Jersey
The state has 258,988 millionaire households, including the homes occupied by rockers Bruce Springsteen and Jon Bon Jovi.
1. Maryland
There are 178,003 millionaire households in the state. Real estate developer and Washington Nationals baseball team owner Ted Lerner is the wealthiest resident of Maryland with a net worth of about $5.1 billion.
The full report can be viewed here.
