More Americans than ever are earning over $1 million a year. Here's where they're living.
Yahoo News used data from the Internal Revenue Service to identify the states that are home to the most households with adjusted gross incomes of $1 million or more. The data hints at where the ultra-wealthy are living and moving to. While coastal states dominate the top five, Wyoming comes close behind. Outdoor recreation, a lack of state income tax and a growing luxury real estate market have drawn more wealthy people to the landlocked state. Neighboring states are also seeing similar growth, with Montana and Idaho recording over triple the amount of million-dollar households in 2022 compared to 2013. Connecticut, despite experiencing some of the slowest growth in million-dollar households from 2013 to 2022, remains far ahead of other states with nearly 90 per 10,000 households.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
13 minutes ago
- Yahoo
Best LLC and Website Service (2025): Northwest Registered Agent Awarded Top All-in-One Startup Solution by Expert Consumers
NEW YORK, Aug. 16, 2025 /PRNewswire/ -- Expert Consumers has recognized Northwest Registered Agent as a leading all-in-one startup solution in 2025, highlighting the company's comprehensive LLC formation and website services. Top LLC and Website Service Northwest Registered Agent - a business identity service company that helps entrepreneurs form LLCs, maintain compliance, and establish a professional online presence The award reflects Northwest Registered Agent's commitment to simplifying business startup processes, from legal formation to establishing a professional online presence. The company's combined LLC formation services and website tools present a practical and efficient solution for entrepreneurs seeking to launch and grow new ventures without navigating multiple vendors. Simplifying LLC Formation with Privacy and Transparency Northwest Registered Agent is widely known for its LLC formation service, which provides new business owners with a clear, straightforward pathway to establish a legal entity. Unlike many providers in the market, Northwest prioritizes privacy, never selling customer data or pushing hidden upsells. The service includes registered agent support in all 50 states, ensuring businesses can maintain compliance with state regulations while protecting personal information from public records when possible. Key features of the LLC service include: Free online account to store formation documents Real-time Corporate Guide® support Transparent pricing with no "free trial" gimmicks Optional add-ons such as EIN (Employer Identification Number) filings and mail forwarding services Northwest's process enables users to form an LLC without having to manage complicated paperwork alone. The company handles Articles of Organization filings and monitors compliance deadlines, helping business owners maintain good standing with state agencies. Website Services Designed for New Business Owners Northwest Registered Agent offers website services that integrate seamlessly with the startup process. Through its platform, users can quickly set up: A domain name A professional website Business email accounts Secure SSL certificates for website protection These services allow new businesses to secure their online presence as soon as they form their LLC. The company also provides free guidance on website building, from step-by-step instructions to access to technical support, recognizing that many first-time entrepreneurs may not have prior experience in digital setup. Notably, Northwest Registered Agent does not bundle unrelated services or sell customer data, setting it apart from typical website builders or online LLC platforms. This focus on customer-centric solutions without aggressive upsells contributed to the company's selection as the Top All-in-One Startup Solution by Expert Consumers. An Integrated Approach for Modern Entrepreneurs In 2025, small business owners continue to look for ways to reduce complexity when launching new ventures. The combination of business formation services and digital presence tools positions Northwest Registered Agent as a key resource for startups aiming to operate legally and build professional visibility from day one. Click here to explore all the services Northwest Registered Agent offers. For a more comprehensive review, please visit the Expert Consumers website. About Northwest Registered Agent Northwest Registered Agent is a business identity service provider specializing in LLC formation, registered agent services, and online business tools. Founded to simplify the startup process for entrepreneurs, the company offers transparent, privacy-focused solutions without selling customer data or pushing unnecessary upsells. Northwest Registered Agent supports businesses in all 50 states, providing personalized guidance, compliance monitoring, and digital services such as domain registration, website creation, and business email setup. The company is known for its commitment to customer support and its streamlined approach to helping new business owners launch and manage their ventures. About Expert Consumers delivers news and insights on consumer products and services. As an affiliate, Expert Consumers may earn commissions from sales generated using links provided. View original content: SOURCE Sign in to access your portfolio
Yahoo
21 minutes ago
- Yahoo
Surviving retirement: Where do older Europeans get their money?
Older people had lower average disposable incomes than the total population in 28 European countries in 2022, according to the OECD. Luxembourg was the only exception among the 29 countries included in the analysis. Pensioners face financial difficulties in many countries and some people aged 65 and over continue to work as a result. But how exactly do the income sources of older people vary across nations? According to OECD data, two-thirds (66%) of the income of people aged 65 and over in Europe comes from public payouts, which are mainly state pensions and benefits. That's on average across 27 countries in 2020 or the latest available year. Work is the largest income source after public transfers, accounting for 21% of disposable income for older citizens. Capital income, such as personal pensions and savings, follows at 7%, and private occupational pensions at 6%. The share of public payouts in incomes ranges from 41% in Switzerland to 86% in Belgium. Public transfers also account for at least three-quarters of income for older people in Luxembourg (83%), Austria (82%), Finland (80%), Czechia (76%), Italy (76%), and Portugal and Greece (both 75%). Besides Switzerland, this share is below 50% in the UK (42%), the Netherlands (43%), and Denmark (45%). Among Europe's five largest economies, France has the highest share of public transfers in older people's incomes at 78%, while the UK has the lowest at 42%. The share is 76% in Italy, 72% in Spain, and 68% in Germany. With the exception of Finland, the Nordic countries have lower shares of public transfers. The share is 52% in Sweden, and 58% in both Norway and Iceland. In Turkey, an EU candidate country, 57% of older people's income comes from public transfers. Private occupational transfers exist only in 7 countries Private occupational pensions (pensions, severance payments, death grants, etc.) are not common across Europe. Among 27 countries, only seven note them as a source of income for older people. The Netherlands has the highest share, where they account for 40% of income, followed by the UK at 33% and Switzerland at 29%. Three Nordic countries also include private occupational pensions. They make up 19% of income in Sweden, 15% in Denmark, and 14% in Norway. Germany is the last country in this group, with private occupational pensions accounting for just 5% of income. How does the share of capitals vary? The portion of income that comes from capital — mainly private pensions and personal savings — varies significantly across Europe, ranging from less than 1% in Slovakia to as much as 23% in Denmark. In several countries, this share is at least 10%. These include Turkey and Switzerland (both 16%), France (15%), Sweden (12%), the UK (11%), and Finland, Norway, and Iceland (each at 10%). The share of capital in older people's income is less than 5% in several countries. Work remains a key income source for older people The share of work in the income of older people is significant in many European countries, exceeding one-third in several. It ranges from 7% in France to 40% in Latvia. Work accounts for over 32% of income for older people in Slovakia (36%), Lithuania (35%), Estonia and Poland (both 34%), and Iceland (32%). Work still makes up at least one-fifth of older people's income in several countries, including Turkey (27%), Hungary (26%), Slovenia (23%), Ireland and Czechia (22% each), and Greece, Portugal (21% each), and Spain (20%). Older people in France, Luxembourg, Finland, and Belgium are among the least reliant on work, with employment income accounting for less than 11% of their total income. Key findings: Varied social security systems Varying levels of the four income sources for older people, most of whom are pensioners, show the diversity of social security systems across Europe. Key insights from the data include: Western Europe (such as Belgium, France, Austria) relies heavily on public pensions as the primary income source. Nordic countries (such as Denmark and Sweden, not Finland) have more diversified income sources, including strong private pension schemes. Eastern and Southern Europe (including Poland, Slovakia, Greece, and Turkey) tend to have higher shares of work-related income. Private occupational pensions remain underdeveloped in many Eastern and Southern European countries. Old age poverty remains a significant issue in several European countries, and major pension disparities continue to exist across the continent. As life expectancies increase, policymakers face growing challenges to ensure adequate support for ageing populations while keeping deficits at economically sustainable levels.
Yahoo
21 minutes ago
- Yahoo
Why Texas Pacific Land Corporation Zoomed 4% Higher Today
Key Points The company will list its shares on a new stock exchange. This is NYSE Texas, smack dab on its home turf. 10 stocks we like better than Texas Pacific Land › On the second-to-last trading day of the week, investors cheered the latest move made by Texas Pacific Land Corporation (NYSE: TPL). The storied company's stock is going to anchor a new regional equities exchange, and market players cheered the expansion. They bid up Texas Pacific's shares by 4%, a figure well higher than the barely over 0% posted by the S&P 500 index that day. It's bigger in... In what feels like a suitable and symbolic development, Texas Pacific will list some of its equity on the newly formed NYSE Texas exchange. As the name implies, this is a branch of the New York Stock Exchange located in the large state. It offers solely electronic trading, as opposed to the traditional variety. In doing so, Texas Pacific is a founding member of the new bourse. The company said its "primary" stock listing would remain on the main NYSE exchange, and the NYSE Texas-listed shares would bear the same ticker symbol (TPL). In its press release trumpeting the news, the company quoted CEO Tyler Glover as saying that "With the entirety of our employees and virtually all our assets located in Texas, we maintain strong business and community ties here." Glover pointed out that Texas Pacific is the longest-listed and Texas-headquartered company on the NYSE. Positive expansion It's important to note that Texas Pacific's listing on the new exchange, no matter how appropriate, probably won't change the fundamentals of its business much, if at all. It will, however, raise its profile in its home state, and perhaps rope in new investors who might not be familiar with its operations (despite its longevity). This feels like a small but clear win for the company. Should you buy stock in Texas Pacific Land right now? Before you buy stock in Texas Pacific Land, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Texas Pacific Land wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $649,544!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,113,059!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 185% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 13, 2025 Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Texas Pacific Land Corporation Zoomed 4% Higher Today was originally published by The Motley Fool Sign in to access your portfolio
