This is a list of U.S. states and federal district by the number of households with more than $1 million in investable assets as of 2020 (data for the year 2019).
List.
| Rank | 19 |
|---|---|
| State | Tennessee |
| Number of millionaire households | 139,335 |
| Share of millionaire households | 5.21% |
Contents
What city in Tennessee has the most millionaires?
Nashville
In Tennessee, Nashville is home to more billionaires who control more wealth than any other city.
This is the City in Tennessee With the Most Billionaires.
| City with the most billionaires: | Tennessee: Nashville |
|---|---|
| Number of billionaires: | 3 |
| Total billionaire net worth: | $20.7 billion |
| Top billionaire: | Thomas Frist Jr & family |
What state has the most multi millionaires?
American states with highest ratio of millionaire households per capita in 2020
| Characteristic | Ratio of millionaire households per capita |
|---|---|
| California | 8.51% |
| New Hampshire | 8.47% |
| Virginia | 8.31% |
| Alaska | 8.18% |
What is considered wealthy in Tennessee?
To be considered rich in the Nashville, Tennessee, metro area, you need to make over $127,878.
Where do millionaires live in Tennessee?
Nashville
In Tennessee, Nashville is home to more billionaires who control more wealth than any other city. Three billionaires live in Nashville with a combined net worth of $20.7 billion. Of Nashville residents with a minimum 10-figure net worth, Thomas Frist Jr. is the wealthiest, worth an estimated $8.2 billion.
Who is the richest family in Tennessee?
The 10 Richest People in Tennessee
- Jimmy Haslam Net Worth – $3.8 Billion.
- Governor Bill Haslam Net Worth – $2.5 Billion.
- Brad Kelley Net Worth – $2.2 Billion.
- Jeff Lorberbaum Net Worth – $2.1 Billion.
- Forest Preston Net Worth – $2.1 Billion.
- Mason Hawkins Net Worth – $1.8 Billion.
- Cal Turner Jr.
How many millionaires are in Tennessee?
List
| Rank | State | Number of millionaire households |
|---|---|---|
| 19 | Tennessee | 139,335 |
| 20 | Indiana | 138,739 |
| 21 | Wisconsin | 138,283 |
| 22 | Missouri | 132,176 |
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.
What percentile is 6 million worth?
Other points to note are that the 90th percentile (top decile) for household assets is approximately $1.3 million; the 99th percentile (top percentile) is approximately $6.5 million; and the 99.9 percentile (the top one-tenth of one percent) is $27.8 million.
What is middle class income TN?
(The Center Square) – In Tennessee, households must earn a minimum of $21,573 per year to be considered middle class, with the upper earnings boundary set at $98,679, according to a new 24/7 Wall St. analysis.
How many billionaires live Tennessee?
Seven other billionaires live in Tennessee. They are: Frederick Smith, CEO and founder of FedEx.
What is upper class income in Tennessee?
Upper Class Salary in Nashville, TN
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $77,744 | $6,478 |
| 75th Percentile | $63,653 | $5,304 |
| Average | $49,655 | $4,137 |
| 25th Percentile | $36,928 | $3,077 |
Do any billionaires live in Tennessee?
Map of each state’s billionaires as of 2016.
Table.
| State or Federal District | Tennessee |
|---|---|
| Number Billionaire Residents (2/12/16) | 10 |
| Number Billionaire Residents (9/15/20) | 8 |
| Billionaires’ Real-Time Cumul. Worth $M (9/15/20) | 32,974 |
| Billionaires/ State’s 10M pop. (7/19 Census) (9/15/20) | 11.71 |
What’s the poorest town in Tennessee?
Morristown was ranked the poorest city in Tennessee in a 24/7 Wall St.
The Center Square.
| State | Tennessee |
|---|---|
| Poorest City | Morristown |
| Median Household Income | $32,193 |
| Poverty Rate | 26.6% |
| Median Home Value | $115,900 |
What is the wealthiest county in Tennessee?
Williamson
Tennessee counties ranked by per capita income
| Rank | County | Per capita income |
|---|---|---|
| 1 | Williamson | $27,925 |
| 2 | Wilson | $27,814 |
| 3 | Davidson | $27,780 |
| 4 | Knox | $27,349 |
What’s the second oldest town in Tennessee?
Dandridge
Dandridge bills itself as the “second oldest town in Tennessee” (behind only Jonesborough in Washington County).
| Dandridge, Tennessee | |
|---|---|
| State | Tennessee |
| County | Jefferson |
| Founded | 1783 |
| Incorporated | 1799 |
Who is the richest person in Chattanooga Tennessee?
Thomas Frist Jr.
In Tennessee, the richest person is worth only a tenth as much as Gates. But Thomas Frist Jr., the 78-year-old co-founder of Hospital Corp. of America, is still worth a healthy $8.8 billion, according to Forbes. HCA is the world’s biggest hospital chain and the owner of HCA Parkridge Hospital in Chattanooga.
Who is the richest person in Memphis Tennessee?
Frederick Smith – Founder of FedEx Corp based in Memphis, TN. Net worth around $2.3 Billion.
Is a billionaire also a millionaire?
In countries that use the short scale number naming system, a billionaire is someone who has at least a thousand times a million dollars, euros or the currency of the given country.Hence a person must have a net worth of at least one million USD to be recognised as a millionaire anywhere in the world.
Can I retire with a net worth of 3 million?
Most folks would agree retiring early brings a lot of perks.Retire fully at age 60, and you could be sitting on a $2 million nest egg. Keep working—and investing—for another five years, and you could retire with more than $3 million at age 65!
What is a good net worth by age?
The average net worth for U.S. families is $748,800. The median — a more representative measure — is $121,700.
Average net worth by age.
| Age of head of family | Median net worth | Average net worth |
|---|---|---|
| 35-44 | $91,300 | $436,200 |
| 45-54 | $168,600 | $833,200 |
| 55-64 | $212,500 | $1,175,900 |
| 65-74 | $266,400 | $1,217,700 |
