List
| Rank | State | Number of millionaire households |
|---|---|---|
| 17 | Minnesota | 167,206 |
| 18 | Arizona | 161,014 |
| 19 | Tennessee | 139,335 |
| 20 | Indiana | 138,739 |
How many multi millionaires live in Tennessee?
Tennessee is ranked 42nd on the list of US millionaires. But without a broad-based tax, rich people of Tennessee can keep more of their money compared to others from neighboring states. There are more than 130.000 millionaire households in the state of Tennessee.
What is considered rich in Tennessee?
Two Tennessee cities made the list – Memphis (47) and Nashville (26). The lowest income to be considered “rich” (Top 20%) in Memphis is $86,964. The average income of the top 20% comes in at $172,622. For the top 5%, the average income is $335,653.
How many billionaires are there in Tennessee?
Table
| Rank by number of billionaires (9/15/20) | State or federal district | Billionaires/ State’s 10M pop. (7/19 census) (9/15/20) |
|---|---|---|
| 14 | Tennessee | 11.71 |
| 23 | Wyoming | 86.39 |
| 14 | Wisconsin | 13.74 |
| 11 | Arizona | 15.11 |
How many millionaires live in Nashville TN?
The state has 39,220 households with $1 million or more to invest. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8.2 billion Total households: 567,486. The Volunteer State has 88,284 millionaires, or 3.53 percent of all households.
What city in Tennessee has the most millionaires?
1. Nolensville. Much smaller than Brentwood, Nolensville is a suburb of Nashville and the richest town in Tennessee and is home to some of the wealthiest residents of the state.
Which US state has the most millionaires?
In 2020, California had the highest number of millionaire households in the U.S., with 1.14 million households having one million or more in investible assets. This is nearly double the 650,216 millionaire households in Texas, the state with the second-highest number.
What’s the poorest city in Tennessee?
Morristown was ranked the poorest city in Tennessee in a 24/7 Wall St. analysis examining U.S. municipalities where households earn less than the nation’s median annual household income of $65,712.
What is a good salary in Tennessee?
How much does a Comfortable make in Tennessee? As of May 20, 2022, the average annual pay for the Comfortable jobs category in Tennessee is $39,591 a year. Just in case you need a simple salary calculator, that works out to be approximately $19.03 an hour. This is the equivalent of $761/week or $3,299/month.
What is upper class in TN?
In Nashville, you’ll need to earn $115,609 or more to be considered a “rich” person in the top 20% of the city’s 663,750 residents. The ultra-rich, or the top 5% of earners in Nashville, make way more: $393,014 on average, according to the analysis.
Who is the wealthiest family in Tennessee?
Forbes lists 11 billionaires in Tennessee.
- #8. Willis Johnson.
- #7. Bill Haslam.
- #6. Brad Kelley.
- #5. Jon Yarbrough.
- #4. Jimmy Haslam.
- #3. Martha Ingram & family.
- #2. Fred Smith. – Net worth: $5.2 billion (#547 wealthiest in the world)
- #1. Thomas Frist Jr & family. – Net worth: $21.0 billion (#81 wealthiest in the world)
Where do billionaires live in Tennessee?
Franklin and Brentwood, Tennessee are two of the most affluent locations in the state. However, Belle Meade in Nashville is where most of the historic families who have amassed large fortunes live. According to MSN, The billionaires in Nashville control more resources than any other city in the United States.
Who is the richest person in Knoxville tn?
The richest person in Knoxville is Jimmy Haslam. He has a net worth of $3.8 billion. Haslam was born in Knoxville in 1954 and attended the University of Tennesee.
Who is the richest person in Chattanooga?
Jack Lupton – Gandson of founder of Great Western Coco-Cola Bottling Co, based in Chattanooga, TN. Sold company to Coke for $1.4 billion. Net worth around $880 Million.
Is Franklin TN wealthy?
Today, Franklin is one of the wealthiest cities in one of the wealthiest counties in the United States. The 2017 Census lists the City’s population at 71,374. This makes us the 7th largest city in Tennessee and one of the fastest growing.
Is Nashville a wealthy city?
Now, the bad news: Nashville’s metro area has an abundance of wealthy areas, some of which are among the wealthiest in the nation. GAIN ACCESS TO EVERY LOCAL INSIGHT, LEAD AND MORE!
Is Tennessee a wealthy state?
Tennessee is the thirty-fifth-richest state in the United States of America, with a per capita income of $28,764 (2017).
What is the wealthiest county in Tennessee?
FRANKLIN, TN — Williamson County is once again the wealthiest county in Tennessee and among the wealthiest in the nation, according to data released by the United States Census Bureau.
What is poorest county in TN?
Grundy County
Grundy County has been ranked as the poorest county in Tennessee. Its average household income is just under $27,000 dollars. In comparison, the median income across the state is more than $44,000 dollars.
Where do most millionaires live?
New York and Los Angeles are home to the most millionaires in America because of their large populations and lucrative industries. No surprise there.
- San Jose-Sunnyvale-Santa Clara, California.
- Bridgeport-Stamford-Norwalk, Connecticut.
- San Francisco-Oakland-Hayward, California.
- Washington, D.C. Area.
What percentage of Americans have a net worth of over $1000000?
A new survey has found that there are 13.61 million households that have a net worth of $1 million or more, not including the value of their primary residence. That’s more than 10% of households in the US. So the US is definitely the country with the most millionaires.
