The number of $1M earners is surging. Here's how many Florida added - Jacksonville Business Journal

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The number of $1M earners is surging. Here's how many Florida added

jumped 59.42%, going from an average of $354,984 to an average of $565,913 — a jump of more than $200,000.

Idaho and Utah , both of which have seen population growth in recent years, set the pace for percentage growth between 2015 and 2020 in tax filers earning at least $1 million in adjusted gross income. While many portions of California haven’t ranked highly for net migration in recent years, the state did add the most million-dollar earners between 2015 and 2020 with 37,010. Florida and Texas were the only other states to add at least 10,000 millionaires.

 

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