Step 1 : Introduction to the question "Which state has the highest percentage of millionaires?"
According to the Phoenix Wealth and Affluent Monitor, Maryland has the most millionaires per capita, with more than 1 in 12 households having $1 million or more in investible assets. Maryland has held the top spot in this survey since 2011. New Jersey ranked second, also with just about 1 in 13 households being millionaires. Connecticut ranked third, followed by Hawaii, Alaska, Massachusetts and New Hampshire. California had the most millionaires in total — 885,000 — but it ranked 10th in terms of per capita.
Step 2 : Answer to the question "Which state has the highest percentage of millionaires?"
Maryland:
According to the Phoenix Wealth and Affluent Monitor, Maryland has the most millionaires per capita, with more than 1 in 12 households having $1 million or more in investible assets. Maryland has held the top spot in this survey since 2011. New Jersey ranked second, also with just about 1 in 13 households being millionaires. Connecticut ranked third, followed by Hawaii, Alaska, Massachusetts and New Hampshire. California had the most millionaires in total — 885,000 — but it ranked 10th in terms of per capita.
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