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US (investable) millionaires by state
Old 09-03-2018, 03:29 PM   #1
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US (investable) millionaires by state

Kind of a cool graphic at this site: Visualizing U.S. Millionaires by State of Residence


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Old 09-03-2018, 03:33 PM   #2
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Over 400k households in FLA like mine. Here I thought I was special. haha
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Old 09-03-2018, 03:39 PM   #3
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Over 400k households in FLA like mine. Here I thought I was special. haha

I knew there was some reason why that huge Disneyworld parking lot was full.
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Old 09-03-2018, 03:44 PM   #4
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So common!

How about billionaires:
List of U.S. states by the number of billionaires
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Old 09-03-2018, 03:51 PM   #5
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Only 196k in North Carolina and less than 5% of household. Looks like I'm up there next year.
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Old 09-03-2018, 04:20 PM   #6
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Hmm, I wonder how that compares to the population of each state?
Go figure - states with higher populations tend to have more millionaires! Who'd a thunk it?
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Old 09-03-2018, 04:28 PM   #7
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^ exactly. If that was computed from each states population it would be a complete change in the graph. But interesting never the less but not alarming by any sense.
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Old 09-03-2018, 04:30 PM   #8
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If you look at the target rings on the diagram I believe it gives you the percentage of the state's population that are millionaires. Not all that legible but it is there.
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Old 09-03-2018, 04:35 PM   #9
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And the states with the most Million Dollar+ homes:
https://www.businessinsider.com/stat...es-map-2017-12
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Old 09-03-2018, 04:45 PM   #10
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Pennsylvania is pretty high on the list. Surprising, since all one ever seems to hear is how many poor people there are in PA.
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Old 09-03-2018, 05:23 PM   #11
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Cool graphic.

I question how they determined what homes had those aggregate assets? Did I miss their definition?
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Old 09-03-2018, 06:07 PM   #12
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My home state of Alaska is 5th from the bottom for total numbers, but 5th from
the top per capita at 7.5% of households. Small population, but pretty good
opportunities. I'd guess if you factored in Alaska having a younger than average
population, the opportunities look even better. One thing Alaska doesn't have is
any ultra wealthy though, not one billionaire. No Bezos or Gates or Zuckerberg.
Just simple, garden variety millionaires.
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Old 09-03-2018, 06:39 PM   #13
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^ exactly. If that was computed from each states population it would be a complete change in the graph. But interesting never the less but not alarming by any sense.
It does show %millionares by state.
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Old 09-03-2018, 06:40 PM   #14
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Cool graphic.

I question how they determined what homes had those aggregate assets? Did I miss their definition?
It’s there in the article, lists which assets were counted.
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Old 09-03-2018, 06:59 PM   #15
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Originally Posted by Lsbcal View Post
Kind of a cool graphic at this site: Visualizing U.S. Millionaires by State of Residence


What do you mean by "ďnvestable millionaires"? I first took you to mean millionaires that invest heavily in a public vehicle like like Carl Icahn and Icahn Fund, or Buffett and Bershire. But it seems that you mean investors that have somewhere close to $mm in invest-able assets.

Is that this latter idea what you mean?

Ha
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Old 09-03-2018, 07:07 PM   #16
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What do you mean by "ďnvestable millionaires"? I first took you to mean millionaires that invest heavily in a public vehicle like like Carl Icahn and Icahn Fund, or Buffett and Bershire. But it seems that you mean investors that have somewhere close to $mm in invest-able assets.

Is that this latter idea what you mean?

Ha
Yes, the later. See link for more details.
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Old 09-03-2018, 08:10 PM   #17
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NJ has a high percentage of millionaires, even higher than NY. I wonder if it is because of people living in NJ, but working in NY.

And AZ does not have a high percentage of millionaires. Fine with me. I like to be a big fish in a small pond (although they do not know that by my "below-the-radar" appearance).
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Old 09-03-2018, 08:50 PM   #18
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Not a surprise that Maryland is number one per capita. Think of the Capital in The Hunger Games.
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Old 09-04-2018, 04:55 AM   #19
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Except we don't set the style for all of Panem. Everyone here is actually pretty boring to look at.

Quote:
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Not a surprise that Maryland is number one per capita. Think of the Capital in The Hunger Games.
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Old 09-04-2018, 06:20 AM   #20
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Hmm, I wonder how that compares to the population of each state?
Go figure - states with higher populations tend to have more millionaires! Who'd a thunk it?
The diameter of the pie is the percentage of population in the graphics: 8%, 7% and 6% concentric circles.
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