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South Dakota’s Number of Millionaires Growing

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The number of millionaires in the state of South Dakota has taken a big jump in 2013.

According to a global wealth monitor Phoenix Marketing International, the state now has 14, 553 households with assets totaling more than $1 million. That is an increase of 1,254 over the year 2012.

Based on the number of residents, the new figures show that 4.37% of South Dakota’s population are millionaires.

South Dakota has risen 6 spots on the national Millionaire Households Per Capita list to number 38 for the year.

North Dakota ranked 29th, Iowa Ranked 26th, Nebraska ranked 24th, and Minnesota ranked 14th.

Maryland came in at #1.

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