Tuesday, September 20, 2016

The best 15 states to live in if you want to get rich

Hartford, Connecticut


Where do the wealthiest Americans live? 
According to a recent report by GOBankingRates, Connecticut is the nation's richest state.
The personal finance site determined the most financially successful states by analyzing seven factors: the average income of the top 1%; the average income of the bottom 99%; poverty rates; the percentage of the population in the upper, middle, and lower classes; the number of millionaire households; the percentage of millionaire households; and the number of billionaires.
Of course, we can't promise you'll strike it rich if you move to  or live in  one of these states, but you're bound to be surrounded by financially successful individuals.
Here, we've highlighted the top 15 states, according to GOBankingRates. Read on to see if yours made the cut.

15. Colorado

Average income of top 1%: $1.1 million
Population in upper class: 22%
Percentage of millionaire households: 5.5%
Colorado Springs, Colorado
Spencer Platt | Getty Images
Colorado Springs, Colorado

14. Hawaii

Average income of top 1%: $690,073
Population in upper class: 17%
Percentage of millionaire households: 7.2%
Honolulu, Oahu, Hawaii
M Swiet Productions | Getty Images
Honolulu, Oahu, Hawaii

13. New York

Average income of top 1%: $2 million
Population in upper class: 19%
Percentage of millionaire households: 5.8%
New York City
Getty Images

12. Minnesota

Average income of top 1%: $1.04 million
Population in upper class: 24%
Percentage of millionaire households: 5.6%
St. Paul, Minnesota
Culbertson | Getty Images
St. Paul, Minnesota

11. Wyoming

Average income of top 1%: $2.12 million
Population in upper class: 21%
Percentage of millionaire households: 5.2%
Jackson Hole, Wyoming
Price Chambers | Bloomberg | Getty Images
Jackson Hole, Wyoming

10. Virginia

Average income of top 1%: $987,607
Population in upper class: 26%
Percentage of millionaire households: 6.6%
Richmond, Virginia
Richard Cummins | Getty Images
Richmond, Virginia

9. North Dakota

Average income of top 1%: $1.28 million
Population in upper class: 25%
Percentage of millionaire households: 4.6%
Fargo, North Dakota
Daniel Barry | Getty Images
Fargo, North Dakota

8. Alaska

Average income of top 1%: $833,117
Population in upper class: 25%
Percentage of millionaire households: 6.8%
Ketchikan Harbour in Alaska
Loop Images | UIG | Getty Images
Ketchikan Harbour in Alaska

7. California

Average income of top 1%: $1.41 million
Population in upper class: 19%
Percentage of millionaire households: 6.0%
Los Angeles
David Sucsy | Getty Images
Los Angeles

6. Washington, DC

Average income of top 1%: $1.53 million
Population in upper class: 34%
Percentage of millionaire households: 6.1%
Washington, D.C.
Allen Baxter | Getty Images
Washington, D.C.

5. New Hampshire

Average income of top 1%: $1.01 million
Population in upper class: 23%
Percentage of millionaire households: 6.50%
Portsmouth, New Hampshire
Loop Images | UIG | Getty Images
Portsmouth, New Hampshire

4. Massachusetts

Average income of top 1%: $1.69 million
Population in upper class: 28%
Percentage of millionaire households: 6.7%
Paul Revere in Boston, Massachusetts
Paul Giamou | Getty Images
Paul Revere in Boston, Massachusetts

3. New Jersey

Average income of top 1%: $1.45 million
Population in upper class: 25%
Percentage of millionaire households: 7.5%
Jersey City, New Jersey
Getty Images
Jersey City, New Jersey

2. Maryland

Average income of top 1%: $1.02 million
Population in upper class: 26%
Percentage of millionaire households: 7.7%
Downtown Baltimore, Maryland
Greg Pease | Getty Images
Downtown Baltimore, Maryland

1. Connecticut

Average income of top 1%: $2.4 million
Population in upper class: 27%
Percentage of millionaire households: 7.3%
Hartford, Connecticut

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