The cost of living in Kalamazoo is 21.6% below the U.S. average. The Bluegrass State recently moved to a 5% flat tax and opened up more items to its 6% sales tax. The Forbes list of billionaires now includes two citizens of Georgia. Virginia's high concentration of millionaires is largely driven by Washington, D.C., and its close-in suburbs such as Arlington and McLean. And like Patch on Facebook!). 76% of millionaires in the U.S. are white, and white people account for 60% of the total U.S. population. Florida is well-known for its absence of a state income tax, which helps put it into Kiplinger's top 10 most tax-friendly states. Melbourne - fast-growing millionaire base Australia's most livable city Melbourne is the home of 97,300 millionaires, with 149 centi-millionaires and 12 billionaires. A good deal of Montana's wealth stems from its abundance of natural resources. The 25 Best Low-Fee Mutual Funds You Can Buy. New Hampshire's high concentration of millionaires hinges on Concord and Laconia. More than 50% of millionaires live in a neighborhood where the average household income is below $75,000 a year. 33 Major U.S. Companies Hiring Now to Meet Coronavirus Demand. But not all of New Jersey's millionaires are clustered near the Big Apple. First off, you need to find a job that pays on average $100,000/year. According to Forbes Magazine,Bubba serves as Chick-fil-A's executive vice president and is president of the company's Georgia-based Dwarf House and Truett's Grill. Here we list the world's most generous philanthropists (with their donations in dollars as they're mostly American) and the foundations they fund, just in case you want to get in touch. Number of millionaires: 8,938 Number of billionaires: 34 Total population: Approximately 3.9 million, according to the US Census Bureau. 14 Bankruptcy Filings Chalked Up to COVID-19. The cost of living in Nevada is 2.5% below the national average, according to the BEA, and residents can catch a break on taxes. Mailchimpco-founder Ben Chestnut also ranked 370 with a net worth of $2.2 billion. And if you live in Suwanee, you can hop in your rover and head on over to the Atlanta Falcons training camp. There are 1.2 million households in the top 1% of net worth and over 96% are white (1,152,000). There's no sales tax in the Granite State, either. In the Peach State, there are 211,662 millionaire households, for a ratio to total households of 5.44 percent, according to the Phoenix Marketing International report that tracks high net-worth households. Philip Anschutz a mogul whose interests span oil, railroads, telecom, real estate and entertainment tops the state's rich list with a net worth of $11.6 billion. And its top tax rate of 6.925% kicks in at a relatively low level. The richest person in Alabama is James T. Stephens with an estimated net worth of $4 billion. Median home value is a whopping 62% higher than the national level, but median income is less just 20% greater. The 9.9% rate is applied to taxable income over $125,000 ($250,000 for married couples filing jointly), and the lowest bracket is already 5%. Chicago Chicago, Illinois Getty Images Number of. Retirees will be happy to know that the tax on Social Security income is in the process of being phased out over a three-year period. 11 Small-Cap Stocks Analysts Love the Most. There are 13 billionaires in Georgia. Other notables in the top 10 include Warren Buffett, Mark Zuckerberg and Charles Koch. The Wealth & Affluent Monitor rankings used a combination of data, including information from the Survey of Consumer Finance, which allowed the reports authors to determine the general distribution of households by their level of investable assets. 10 Paul Cuffee Photo credit: Chester Harding Paul Cuffee was a prodigious sea captain and entrepreneur born in 1759. Somewhat less upbeat is Idaho's tax picture, which is mixed. Seattle, which is one of America's fastest-growing cities, also is one of the most expensive. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Investable assets include education/custodial accounts, individually owned retirement accounts, stocks, options, bonds, mutual funds, managed accounts, hedge funds, structured products, ETFs, cash accounts, annuities and cash value life insurance policies. The Tax Foundation's average combined state and local sales tax rate for Washington is the fourth-highest in the country, as is its gas tax. An example of data being processed may be a unique identifier stored in a cookie. Here are 10 of the richest people in Georgia. Oral and maxillofacial surgeons make an average of $280,940. Stephen Bisciotti, owner of the NFL's Baltimore Ravens, is the state's richest citizen with a net worth of $4.4 billion. The state is 3.5% less expensive than the U.S. as a whole. 272 pages. Anesthesiologists, obstetricians and gynecologists are also within the top 10. More than a quarter-million of Ohio's 4.7 million households have investable assets of at least $1 million. Some are wealthy commuters who make their livings in the Big Apple. Warren Buffett Stocks Ranked: The Berkshire Hathaway Portfolio. In no particular order, here are the richest people in Atlanta. Tim Cook - The well know mobile manufactures company apple CEO. Although it wasn't his salary that landed him as one of the wealthiest people in Atlanta. When it comes to where millionaires live in America, the rich keep getting richer. 2) Milton, GA. Steven via Flickr. 6) Druid Hills, GA. 7) Sandy Springs, GA. Alpharetta, GA. Marcus co-founded Home Depot and was the company's first CEO; he served as Chairman of the Board until retiring in 2002. To top it off, the cost of living is 9.4% lower than the U.S. average, while median income is higher than the national level. Obstetricians/gynecologists and orthodontists are the best-paid professions in the state. That puts the state's concentration of millionaires not far off from the national percentage of 6.71%, even as the cost of living in the Keystone State is 2.5% lower than the U.S. average. Here are the richest people living in the Peach State. Pros' Picks: The 15 Best Nasdaq Stocks You Can Buy. Although Minnesota affords residents a cost of living that's 2.5% below the national average, median home value (and median income) easily top national levels. That's significant considering that a million bucks sure goes far in some parts of Indiana. Property taxes are middle of the road, and the state scores well for fiscal stability, indicating that it will be able to stay tax-friendly in the future. There are Georgia cities on our richest cities list that do just that. That's up from 6.21% in 2018 and just 5.81% in 2017. And although median income is 24% below the national level, home prices are a whopping 42% cheaper than the U.S. median. Indeed, Maine is one of Kiplinger's least tax-friendly states. Indeed, the median home value in Tennessee is 23% below the national level. But last year, at least, the good times continued to roll. Feel free to check out some more reading about Georgia: Population: 12,833Rank Last Year: 1 (No Change)Median Income: $110,253Unemployment Rate: 2.3%Poverty Rate: 3.6%More on Braselton: Real Estate|Photos, Population: 5,093Rank Last Year: Median Income: $77,509Unemployment Rate: 0.0%Poverty Rate: 2.8%More on Temple: Real Estate|Photos, Population: 7,615Rank Last Year: 4 (Up 1)Median Income: $94,189Unemployment Rate: 3.0%Poverty Rate: 2.0%More on Tyrone: Real Estate|Photos, Population: 9,194Rank Last Year: 3 (Down 1)Median Income: $83,100Unemployment Rate: 1.0%Poverty Rate: 5.2%More on Flowery Branch: Real Estate|Photos, Population: 51,103Rank Last Year: 5 (No Change)Median Income: $97,868Unemployment Rate: 2.2%Poverty Rate: 6.2%More on Dunwoody: Real Estate|Photos, Population: 82,068Rank Last Year: 6 (No Change)Median Income: $133,948Unemployment Rate: 3.6%Poverty Rate: 3.6%More on Johns Creek: Real Estate|Photos, Population: 7,066Rank Last Year: 9 (Up 2)Median Income: $72,835Unemployment Rate: 2.0%Poverty Rate: 2.8%More on Bremen: Real Estate|Photos, Population: 33,857Rank Last Year: 7 (Down 1)Median Income: $92,648Unemployment Rate: 3.3%Poverty Rate: 5.6%More on Woodstock: Real Estate|Photos, Population: 40,487Rank Last Year: 8 (Down 1)Median Income: $136,020Unemployment Rate: 4.2%Poverty Rate: 4.3%More on Milton: Real Estate|Photos, Population: 37,867Rank Last Year: 2 (Down 8)Median Income: $103,374Unemployment Rate: 3.4%Poverty Rate: 6.8%More on Peachtree City: Real Estate|Photos. No, it doesn't have the highest concentration of millionaires, but in terms of raw numbers, only California has more than the Lone Star State's 650,216 millionaire households. 4. The Best AI Stocks to Buy for 2021 and Beyond. Colorado has a relatively high concentration of millionaire households partly because it's an outdoor recreational paradise. While In Atlanta, they met Mercedes Millionaire who loved their show so much she actually became part of the . How could we lose 7,000 millionaires when 2013 was clearly a winner for the stock market? The Empire State's average sales tax rate is the 10th-highest in the country. Property taxes for a $400,000 home in the state would run at an estimated $7,695 per year. Concentration of millionaires: 7.2% Median income for all households: $63,032 (U.S.: $61,937) Median home value: $231,100 (U.S.: $229,700) The Hudson, New York, micro area has emerged as an. In the starting phase of his career, he was a Lieutenant in the United States Army. Illinois has a higher concentration of millionaires than the national average, and a million bucks goes a bit farther in the Prairie State than it does in much of the rest of the country. The cost of living in the Nutmeg State is 19% greater than the national average. Expenses in the Granite State run 6% above the U.S. average. More than 5% of Missouri's households have at least $1 million in investable assets. Like Tennessee, New Hampshire has a very limited income tax that only applies to dividend and interest income. Chuck Feeney. Although Virginia's D.C. suburbs are among the more expensive places to live in the U.S., the state as a whole isn't unaffordable. Part of Arizona's appeal to the wealthy and retirees is that, like Florida, it's one of Kiplinger's most tax-friendly states. Jim Kennedy, chairman of conglomerate Cox Enterprises, is the state's wealthiest citizen with a net worth of $8.7 billion. These privileged few used Jekyll Island as a hunting and golf retreat, escaping cold winters here and building these historic homes that have been lovingly restored to their former glory. That's fewer than 1 percent. About the only bright spot in Connecticut's tax picture is that localities can't add to the Constitution State's 6.35% sales tax. Chris Kolmar has been in the real estate business for almost ten years now. Athletes and sports competitors, surgeons and CEOs are among the state's best-paid residents. And property taxes, particularly in Detroit, are steep. The Millionaire Next Door: The Surprising Secrets of America's Wealthy, by Thomas Stanley and William Danko. The 7% rise in millionaire households in 2018 is the strongest rate of growth in that market since the financial downturn ten years ago, David M. Thompson, the managing director of the Phoenix Affluent Practice, said in a statement. Overall, it's 8.1% cheaper to live in Wisconsin than the country as a whole. Although Washington is home to the two richest people in the world Amazon.com (AMZN (opens in new tab)) honcho Jeff Bezos and Microsoft (MSFT (opens in new tab)) co-founder Bill Gates the state's well-to-do live closer to Earth. Phoenix MI is tracking the effects of the coronavirus pandemic, which could make for a very different landscape going forward. The flip side is that Tennessee has the highest combined sales-tax rate in the nation, according to the Tax Foundation. The best healthcare stocks offer investors a defensive hedge in an uncertain market. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey: Median household income is the most digestible way to understand how rich a place really is. Wisconsin ranks among Kiplinger's least tax-friendly states, thanks to high income and property taxes. Jacqueline Mars, heir to the Mars candy fortune, is the state's wealthiest resident with a net worth of $27.4 billion, per Forbes. The number of Americans with $1 million or more in . the Mountain State's median real estate taxes are among the lowest in the U.S. the tax on Social Security income is in the process of being phased out, the situation for Kentucky residents is mixed, property taxes that are among the lowest in the country, Montana taxes virtually all forms of retirement income, Kiplinger's most tax-friendly states for retirees. Manage Settings Through his business activities with the Kazakh fintech firm KASPI, Mr. Lomtadze amassed an estimated fortune of $3.8 billion. West Virginia benefits from natural resources such as gas and coal, and it collects significant severance taxes from them. [1] For information on which members saw the highest change during their tenure, please see Ballotpedia's page on the Changes in Net Worth of U.S. WSB-TV Channel 2 - Atlanta facebook feed(Opens a new window), WSB-TV Channel 2 - Atlanta twitter feed(Opens a new window), WSB-TV Channel 2 - Atlanta instagram feed(Opens a new window), WSB-TV Channel 2 - Atlanta youtube feed(Opens a new window), list of the 400 richest people in America, VIEW FULL LIST OF THE WORLD'S RICHEST BILLIONAIRES, Reality star Honey Boo Boo was inside speeding Dodge Charger involved in chase with Ga. deputies, Missing Pennsylvania woman found alive after more than 30 years, Michigan parents arrested after 4-year-old brings meth to school, Baton Rouge chief of police, dive team, nonprofit organization search for Ga. father, Friends, families desperate for answers after pair of best friends disappear in metro Atlanta. National average salary: $88,151 per year. 24 Dividend Cuts and Suspensions Chalked Up to the Coronavirus. The reports authors also said that since the financial crisis, the number of millionaires in the United States has increased by more than 2 million. With more than 28,000 millionaire households out of 420,830, Rhode Island has a merely in-line concentration of millionaires. They help drive an economy that supports more than 167,000 millionaire households. Batten the hatches for continued market tumult without eating high fees with these six Vanguard ETFs and mutual funds. But then, with a cost of living almost 12.2% below the national average, paychecks tend to go further. We and our partners use cookies to Store and/or access information on a device. Washington, D.C., has one of the highest concentration of millionaires in the country thanks to its position as the nation's capital. But more than 1 in 20 households have at least $1 million in investable assets. Michael Bloomberg, founder of the financial data company that bears his name and erstwhile presidential candidate, is the state's richest person at a net worth of $60.1 billion. Additionally, Alabama allows folks to deduct their federal income taxes (it's one of just of a handful of states with this break). Most states exempt food and drugs from their sales tax, but that's not the case in Illinois. Rank Job Title Average Salary Entry Level Salary # Of People; 1: Vice President, Products & Marketing: $188,884: $132,000: 1,840: 2: Pain Management Physician: You can download the data here. Anne Cox Chambers Wealth $17.1 billion imgkid.com Anne is the surviving daughter of Cox Enterprises founder James M. Cox. The downside is that folks there need higher incomes; everything costs more in Alaska because it's so remote. Of Atlanta residents with a minimum 10-figure net worth, Jim Kennedy is the wealthiest, worth an estimated $8.2 billion. The ranking includes 2,153 people who have a combined wealth of $8.7. So, if you care about living where there are great jobs and wealthy people, take a look the list below. Overall, the cost of living in the Last Frontier is 24.4% higher than the national average. . Meanwhile, Sheldon Adelson CEO of casino operator Las Vegas Sands (LVS (opens in new tab)) is the state's richest person with a net worth of $35.7 billion, per Forbes. To see which cities are the wealthiest in Georgia for 2023, take a look at the list below. Forbes Magazine released its annual list of billionaires, and 14 Georgia residents made the cut. The Sooner State doesn't tax Social Security benefits or Civil Service Retirement System benefits. Indeed, a record 6.71% (or 8,386,508 out of 125,018,808 total U.S. households) can now claim millionaire status. That makes it easier for everyone along the wage scale to put a roof over their heads. By Kyle Woodley Tiny Easton, Maryland, on the Eastern Shore of Chesapeake Bay, punches well above its weight when it comes to millionaire households, too. But for more modest incomes, the impact is far milder. ATLANTA A new list is out tracking the world's 500 richest people. What city in Georgia has the most millionaires? He's reportedly worth $12.6 billion. Medical specialists, CEOs and dentists are among the top-paid jobs in the state. With a cost of living 7% lower than the national average, a million dollars goes a bit further in the Peach State than elsewhere. Naturally, Maryland also is one of the most expensive places to live, with a cost of living 18.8% greater than the national average. Georgia's tax brackets mean that many taxpayers will find themselves paying the top marginal rate, which kicks in at just $10,000 of taxable income for married couples filing jointly or $7,000 for individual filers. According to the BEA, South Carolina is 8.9% cheaper than the national average. Housing and groceries are particularly affordable. All rights reserved. That's up from 6.21% in . The Ocean State's sales taxes lean high (and are above its neighboring states), but the income tax bite is modest. Overall, the cost of living in the Yellowhammer State is 13.6% below the national average. Once upon a time before his days as a financial reporter and assistant financial editor at legendary fashion trade paper Women's Wear Daily Dan worked for Spy magazine, scribbled away at Time Inc. and contributed to Maxim magazine back when lad mags were a thing. 2021. It's one of just a handful of U.S. states with a flat tax, but 23 cities levy income taxes as well. However, while the Bay State gets dubbed "Taxachusetts," it's perhaps a little exaggerative. It turns out there are numerous states with higher percentages of well-off households, several of which probably will surprise you. Shipping and agriculture, the state's other major industries, aren't immune to changes in global demand either. That's the eighth-highest property tax amount in Kiplinger's U.S. rankings. Alaska is among the most tax-friendly states in the country. Although it has been working to lower its income taxes, Maine's lowest rate still is higher than some other states' maximum rate. Mississippi's cost of living stands at 14% below the national average, according to the U.S. Bureau of Economic Analysis (opens in new tab). AI stocks have been bloodied up in recent months, but the technology's relentlessly growing importance should see the sun shine on them again. Home Depot. Future US, Inc. Full 7th Floor, 130 West 42nd Street, Steep local income levies make Maryland a decidedly tax-unfriendly state. As a senior writer at AOL's DailyFinance, Dan reported market news from the floor of the New York Stock Exchange and hosted a weekly video segment on equities. They also benefit from property taxes that are among the lowest in the country, which helps make Louisiana one of the more tax-friendly states. Florida's popularity as a retirement destination helps boost its concentration of millionaires. Whether he complains about Oregon's taxes is unknown, but millionaires (and pretty much everyone else) do. Millionaires and regular folks alike don't catch much of a break when it comes to giving the state government its cut. Here are nine of the best stocks for rising interest rates. A strong score on fiscal stability indicates the Beehive State is likely to be able to keep things average. For a $400,000 home in the state, the owner can expect to pay about $6,564 each year in property taxes. Share of millionaire households 1 . Louisiana's 90,000 millionaires, whose income depends on the state's economic staples, are likely to be feeling a pinch. Richmond, where the cost of living runs 19.8% below the U.S. average, happens to be the second-cheapest small town in America. On average, the cost of living in Texas is 8.5% lower than the U.S. average, according to C2ER. State income tax doesn't exist; in fact, the government actually pays residents. Finding the best ETFs to buy in a high-inflation environment can seem like a tall task, but these five picks are a good place to start. 19 Dividend Aristocrats That Have Gone on Deep Discount. The website said the typical household of Johns Creek earns an income of more than $150,000, more than double the median household income for the state of Georgia. According to the table there are 163,144 millionaires in Georgia, which is down some 7,000 millionaires from 2012. With a handful of exceptions, the top 10 states for millionaires were in the Northeast and the Beltway region, but Hawaii, California and Alaska also made the list. Georgia is the thirty-third-richest (33rd) state in the United States of America, with a median household income of US$46,007 (2011). The tax picture for retirees is a little more mixed, however. Minnesota is loaded with giant companies. Montana's cost of living is 6.7% lower than the national average. Here are members Forbes list of 2022 billionaires with ties to Georgia: Bernard Marcus, Home Depot, $8.6 billion Jim Kennedy, Cox Enterprises, $7.9 billion Arthur Blank, Home Depot/Atlanta. According to the table there are 163,144 millionaires in Georgia, which is down some 7,000 millionaires from 2012. Florida's new House Bill 991 proposes a laundry list of legal changes that would make it easier for plaintiffs to bring and win defamation cases.It would also weaponize the law to allow the powerful to silence their critics. Fast forward some 100 years to 2021: as the COVID-19 pandemic continued to rage, a record-breaking 660 people became billionaires globally, growing the previous year's number by 30%. Former New York City mayor Michael Bloomberg has given some $330 million in Covid-19 related funding. Others made their fortunes closer to home. New York, North Carolina's tax situation is just so-so. And median home prices are more than a third less expensive than the national level. Financial managers are among the highest paid professionals in the state. More than 6.4% of Pennsylvania's 5 million-plus households have investable assets of $1 million or more, excluding the value of real estate, employer-sponsored retirement plans and business partnerships. For the record, Maine's richest resident is Susan Alfond, according to Forbes. Senators and Representatives (Personal Gain Index) . It includes more people from Georgia. The bad news is that the top income rate of 6.9% kicks in at just $17,900 of taxable income, and Montana taxes virtually all forms of retirement income, including Social Security. The state's cost of living is 3% higher than the national average, according to the BEA. Farther south, the state capital of Trenton and its metro area that includes tony Princeton has plenty of millionaires, as well. Oregonians face the country's highest income tax bracket. In Rhode Island, residents pay an average $1,723 in taxes per $100,000 of assessed home value. Statewide, the cost of living in Kansas is 10% cheaper than the national average, helped by much more affordable housing than what the average American pays. He's also written for Esquire magazine's Dubious Achievements Awards. Taxes can be brutal, too. Alabama is another state where you don't need a million bucks to live well. Tobi Lutke, founder of Shopify - US$ 11.6 billion. Property taxes are quite low, but sales taxes take a toll. Billionaires U.S. billionaires 1990-2020 U.S. billionaires 1990-2020 Number of billionaires in the United States from 1990 to 2020 Distribution of billionaires in the U.S. by gender 2022. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Detailed List Of Highest Paying Jobs In Georgia. Thanks to low consumer prices and light taxes, Mississippi also is the second-least expensive state. Significantly cheaper average home prices drive Georgia's affordability. ETFs Live Music - Dead Broke Millionaires is happening on Friday, Mar 10, 2023 at 9:00pm at the venue Wild Wing Cafe in Dawsonville, GA There are fewer than 32,000 millionaire households in Maine a state in which rich and poor alike face relatively high living costs and taxes. Buckhead Atlanta's Buckhead is a vibrant, . Ernest Garcia II, who made his fortune in used cars and auto loans, tops the list with a net worth of $6.6 billion. 10 Best Value Stocks for Gritting Out the Downturn. In total, the team looked at the salary data set for all 5485 jobs in Georgia in order to identify those that get paid the most. After we collected the data for all 128 places with more than 5,000 people in Georgia, we ranked each place from 1 to 128 for each of the criteria, with 1 being the richest. Both median income and home value are well above national averages in Colorado, as is the cost of living, albeit only by 1.9%. California boasts numerous metro areas including Napa, San Francisco, San Jose and Oxnard that are loaded with wealth. There are about 22 million millionaires in the U.S. 8.8 % of U.S. adults are millionaires. According to the Spectrem Group Market Insights Report, there were 11.8 million Americans in the United States in 2019 with a net worth of at least $ 1 million1. Helpfully, the Show Me State no longer taxes Social Security benefits for many taxpayers. By the Council for Community and Economic Research's formula, costs are 14.3% higher in Vermont. Despite inflation and, as a consequence, lower purchasing power, the US dollar is the international selection criterion for millionaires. Health Care for the elderly is how he has amassed his considerable fortune. Published 23 January 23. The Centennial State has a flat tax: If you have federal taxable income, the rate is 4.63%. Sales taxes have a broad reach here (and include groceries), but they're generally low. The second richest person in the world as listed is Bill Gates, with a fortune of $108 billion. The consent submitted will only be used for data processing originating from this website. Dan holds a bachelor's degree from Oberlin College and a master's degree from Columbia University. 1. Arizona's median home values are above the national level, but its cost of living remains more than reasonable. The Forbes 400 is the definitive list of the richest Americans, ranking the country's wealthiest billionaires by their net worths. Might we suggest a job in healthcare in our number one richest city? As befits a place that pumps a lot of oil out of the ground, fuel taxes are low. When it comes to lifestyles of the rich and famous in Nebraska, one name immediately comes to mind: Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B (opens in new tab)), is the Cornhusker State's richest and most famous resident by a wide margin. He is the grandson of former Ohio Governor and presidential candidate James M. Cox, who founded the company in1898. Famfa Oil says it. Jim Kennedy: He is the chairman of Cox Enterprises, which owns AutoTrader, Kelley Blue Book, the Atlanta Journal Constitution, and other auto and media brands. That's partly due to a median home value of more than $265,700, which is well above the national average. By Jeff Reeves The cost of living in Washington is 7.8% higher than the national average, according to the BEA. In the former case, the state capital is home to a horde of state, county, local and federal agencies and the law firms and professional agencies that support them. Property taxes are modest. Facebook's Mark Zuckerberg has given at least $100 million. These commodity ETFs offer investors exposure to the diverse asset class, which is a helpful hedge against inflation. "While the total number of high-net-worth households grew, these increases were largely seen in the wealthiest states, reinforcing the broader ongoing wealth-gap issues the country faces," says Carl Uttaro, VP of financial services research at Phoenix MI. Other notables in the top 10 include Warren Buffett, Mark Zuckerberg and Charles Koch. She has the largest controlling interest in her father's business. The Palmetto State extends some real Southern hospitality, offering a charming collection of income tax breaks. The state also is home to nine billionaires. Ted Turner, 60Net Worth: $2.2 Billion Flickr Robin Norln Turner spent a good chunk of his life as the Vice Chairman of Time Warner Inc. The average property tax on a $400,000 home in New York is about $7,246, which is the fourth-highest average in the country. State Millionaire households Millionaires as share of all households; Georgia: 200,395: 5.20% New Hampshire: 39,209: 7.36%: Oregon: 89,383: 5.45%: Wyoming: 14,989: 6.24%: What percentile is 6 million worth? 1. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Even groceries are taxed (albeit at a lower rate).