New York Millionaire Class Grows, Outpacing Florida and Texas
- New York is growing its share of the nation’s millionaires, even as Texas and Florida’s declined, despite boasting about their ability to poach the country’s top earners and businesses from deep-blue bastions.
- New research from the independent budget watchdog group Citizens Budget Commission showed the state’s number of high-earning residents notched up in 2023, the last year data is available from the Internal Revenue Service.
- New York now contains 9% of the country’s millionaires, up from 8.7% in 2022.
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- New York is growing its share of the nation’s millionaires, even as Texas and Florida’s declined, despite boasting about their ability to poach the country’s top earners and businesses from deep-blue bastions.
- New research from the independent budget watchdog group Citizens Budget Commission showed the state’s number of high-earning residents notched up in 2023, the last year data is available from the Internal Revenue Service.
- New York now contains 9% of the country’s millionaires, up from 8.7% in 2022.
Sources: Bgov