NJ Ranked Among Top States for Millionaires

Dreaming of joining the ranks of millionaires? Well, if you call New Jersey home, you might just have a leg up, according to a recent study.

The folks over at Casino.org took a deep dive into a range of factors, from living costs to average incomes, education levels, and access to venture capital. They crunched the numbers and came up with a score for each state and several cities, with a perfect score of 100 being the holy grail.

And guess what? New Jersey scored big, landing itself in the top 5 with a solid score of 68. That means compared to other states, New Jersey offers some pretty favorable conditions for those chasing after that millionaire dream.

But topping the charts was California, boasting an impressive score of 80. With nearly 18% of its population already in the millionaire club and plenty of venture capital floating around, it’s no wonder California clinched the top spot. New York and Massachusetts followed close behind, securing the second and third positions.

On the flip side, states like Mississippi, Arkansas, and West Virginia didn’t fare too well, with scores as low as 2. Looks like the millionaire journey might be a bit tougher in those parts.

When it comes to cities, California once again stole the show, with San Francisco, San Jose, and Los Angeles taking three of the top four spots. Boston rounded out the quartet, proving to be another hotspot for those chasing wealth.

On the other end of the spectrum, cities like El Paso and Indianapolis didn’t quite make the cut, scoring much lower in terms of millionaire potential.

So, if you’ve got your sights set on that millionaire status, New Jersey seems like a pretty good place to be. With ample opportunities and favorable conditions, it might just be the perfect launchpad for your journey to financial success.

Leave a Comment