California Tops America’s Millionaire League

Across the United States, there are 304,118 millionaires, roughly equivalent to the population of Iceland. Silicon Valley and Wall Street have propelled California and New York into first and second place in America’s millionaire league.

California has a grand total of 45,109 millionaires while New York has 38,240. Texas rounds off the top three with 27,347. These figures were released by the Internal Revenue Service based on 2011 tax returns.

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This chart shows the U.S. states with the most millionaires.

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States with the largest population of billionaires in the United States in 2024
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Number of households in the United States with one million or more U.S. dollars in investible assets in 2020, by state
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Countries with the most millionaires in 2018 and 2019 (in 1,000s)
American states with highest ratio of millionaire households per capita in 2020
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Share of households with a net worth of one million or more U.S. dollars in the United States in 2020, by state
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Countries with the most millionaires in 2020 (in 1,000)

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