New Jersey has the largest share of millionaires as a percentage of total households, according to an annual survey.
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Ranked second for the preceding two years, New Jersey vaulted past Hawaii, which fell to fourth in the 2007 rankings by Phoenix Affluent Marketing Service that were released Wednesday.
New Jersey millionaires are 7.12% of total households, up from 6.5% a year earlier, according to the Rhinebeck, N.Y., company's analysis. Phoenix defines a millionaire household as one with $1 million or more of investable or liquid assets.
Maryland is in second place, at 7.08%, Connecticut third (7.0%), and Hawaii fourth (6.7%.) Rounding out the top 10 were Massachusetts, Virginia, Delaware, Alaska, New Hampshire, and California.
