According to Spectrem’s Market Insights Report, there were 10.8 million households with $1 million or more of net worth in the United States in 2016.
The 10.8 million U.S. millionaires can be further broken down as follows:
- 9.4 million Americans with a net worth of $1 million to $4.9 million
- 1.26 million with a net worth between $5 million and $25 million
- 156,000 Americans with a net worth of more than $25 million