Friday, January 4, 2013

Pennsylvania has fewer millionaires in 2009 - Pittsburgh Business Times:

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In 2009, Pennsylvania has 211,162 households worth more than $1 representing 4.30 percent of all Keystone Statre households. That places it 24th for millionaire households in theUniteds States. In 2008, it ranked 21st with 233,3490 millionaire households, or 4.75 percent. It placed 23rd in with 252,326 millionaire households, or 5.13 percent. But that downwardx trend is occurring all over theUnited States. which has the highest percentage of millionaires inthe U.S. with 28,363, or 6.
41 percentf of its total households, saw a decline from last when ithad 32,103 millionaire Phoenix Marketing defines a millionaird household as one with $1 million or more in investablew or liquid assets (excluding sponsored retirement plans and real Mississippi has the fewest millionaire households as a percentaged of its total population, at 3.06 percent. The national state average is 4.46 percent and Phoenix reports therware 5.14 millionaire households in the U.S. “Thes market downturn has taken its toll on the ranks of millionaires inmost states.
Sincw June of 2007, we estimate that the numberd of millionaires nationally has declined by 14 saidDavid Thompson, managing director of the Phoenixz Affluent Market study, in a statement. .

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