State rankings

Percentage of Households Making Over $1M by State

District of Columbia has the highest Households Making Over $1M in 2022 (3.04%), followed by Connecticut (2.51%) and Massachusetts (2.46%). West Virginia has the lowest (0.58%).

Economics51 states · 5 metricsUpdated Apr 6, 2026Original page
3 sources
Year 202250 of 51 states
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Households Making Over $1M, 2022

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All 50 ranked

Highest first.

Distribution Median and middle halfThe median is the middle value: half of places are above it, half below. The middle half is the range holding the central 50% of places.More in the glossary →

Each dot is one state; the lines mark the median and the middle half.

Median
1.25%
Middle half 0.99% – 1.51%
Average
1.34%
50 states
Highest
3.04%
District of Columbia
Lowest
0.58%
West Virginia

Data

Click a column to sort, a row to highlight that place on the charts.

50 states · # = rank by Households Making Over $1M
#
1District of Columbia3.04%10,530346,470
2Connecticut2.51%45,5101,812,770
3Massachusetts2.46%87,4203,550,180
4California2.33%426,81018,356,480
5New Jersey2.3%106,3004,614,890
6Washington2.13%79,7303,736,160
7New York1.96%189,6409,691,310
8Florida1.78%197,09011,051,510
9Colorado1.74%51,5002,954,540
10New Hampshire1.6%11,680728,600
11Texas1.56%211,75013,544,230
12Illinois1.55%94,1106,082,740
13Virginia1.53%63,3904,139,530
14Wyoming1.45%4,060279,340
15Maryland1.42%43,8503,077,210
16North Dakota1.4%5,120366,900
17Utah1.38%20,7301,506,660
17Nevada1.38%21,300937,040
19Minnesota1.36%38,9502,859,780
20Georgia1.33%65,3504,898,880
21Pennsylvania1.31%82,1706,282,670
21South Dakota1.31%5,770439,710
23North Carolina1.28%63,0404,912,820
24Montana1.27%6,960547,900
25Arizona1.26%42,2603,347,570
26Tennessee1.24%39,8703,227,820
27Idaho1.2%10,400864,600
28Oregon1.17%23,6102,019,340
29Kansas1.15%15,5201,354,640
30Rhode Island1.13%6,380563,800
31Alaska1.09%3,790347,140
32Vermont1.08%3,630334,670
33Delaware1.07%5,350500,580
34South Carolina1.06%26,2302,467,680
35Wisconsin1.01%29,6502,927,700
35Hawaii1.01%6,890683,810
37Missouri1%28,5002,861,680
38Michigan0.99%48,1404,842,590
39Louisiana0.98%19,1601,958,280
39Iowa0.98%14,4301,478,620
41Ohio0.97%54,8005,665,500
41Maine0.97%6,830705,140
43Oklahoma0.96%16,2801,700,550
44Alabama0.92%19,7002,135,490
45Indiana0.91%29,2203,227,030
46Arkansas0.88%11,2701,287,800
47Kentucky0.8%15,6901,964,890
48New Mexico0.68%6,640974,090
49Mississippi0.66%8,1701,236,510
50West Virginia0.58%4,440770,810

What correlates with Households Making Over $1M (2022)?

Pearson r against 2,107 other state metrics sharing at least 30 states. Correlation is not causation.

Higher together

Places that have a higher Households Making Over $1M tend to score higher on these

  1. One Percent Income ThresholdTop 1 Percent Threshold by State
    r = +0.98 · very strong · n = 50
    Plot
  2. Five Percent Income ThresholdTop 1 Percent Threshold by State
    r = +0.97 · very strong · n = 50
    Plot
  3. Five Percent Income Tax RateTop 1 Percent Threshold by State
    r = +0.93 · very strong · n = 50
    Plot
  4. Avg Income of 99th–99.5th Percentile FamiliesIncome Inequality by State
    r = +0.93 · very strong · n = 50
    Plot
  5. Avg Income of 99.9th–99.99th Percentile FamiliesIncome Inequality by State
    r = +0.93 · very strong · n = 50
    Plot
  6. Avg Income of 99.5th–99.9th Percentile FamiliesIncome Inequality by State
    r = +0.92 · very strong · n = 50
    Plot

Opposite directions

Places that have a higher Households Making Over $1M tend to score lower on these

  1. % of Median Income Spent On GroceriesGrocery Prices by State
    r = −0.75 · very strong · n = 49
    Plot
  2. Lifestyle Habits & Health Outlook ScoreMost Unhealthy States in the U.S.
    r = −0.75 · very strong · n = 48
    Plot
  3. % of Pop. with High School Diploma or EquivalentMost Educated U.S. States
    r = −0.74 · very strong · n = 50
    Plot
  4. Per Capita Balance of PaymentsFederal Aid by State
    r = −0.72 · very strong · n = 49
    Plot
  5. Housing CostPension-Friendly States
    r = −0.72 · very strong · n = 48
    Plot
  6. Most Unhealthy States Total ScoreMost Unhealthy States in the U.S.
    r = −0.72 · very strong · n = 48
    Plot

Quick answers

Which state has the highest Households Making Over $1M?
District of Columbia has the highest Households Making Over $1M in 2022, at 3.04%, followed by Connecticut (2.51%) and Massachusetts (2.46%).
Which state has the lowest Households Making Over $1M?
West Virginia has the lowest Households Making Over $1M in 2022, at 0.58%.
What is the median Households Making Over $1M across US states?
The median is 1.25% across the 50 US states with data in 2022.
Where does this percentage of households making over $1m by state data come from?
Rankodex compiles it from World Population Review and the primary sources it cites: Income Percentile by State Calculator - DQYDJ; States with the most people earning $1 million or more - Stacker; SOI Tax Stats - Individual income tax state data - IRS.

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