10 Wealthiest States in America by Household Net Worth

Where you live can have an impact on your overall net worth. Different states have varying local job markets, economies, cost of living and taxes, which can affect your ability to accumulate wealth.

These variations can be quite extreme: A recent SmartAsset analysis found that the median net worth in the United States ranges from $62,500 to nearly $700,000 depending on which state you live in.

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Here's a look at the states where households have the highest net worths.

1. Hawaii

• Median net worth: $692,700

• Households with a net worth of $100K or more: 78.9%

2. Washington

• Median net worth: $456,500

• Households with a net worth of $100K or more: 75.4%

3. New Hampshire

• Median net worth: $412,600

• Households with a net worth of $100K or more: 70.5%

4. Massachusetts

• Median net worth: $394,900

• Households with a net worth of $100K or more: 68.7%

5. Colorado

• Median net worth: $370,000

• Households with a net worth of $100K or more: 67.1%

6. Maryland

• Median net worth: $330,500

• Households with a net worth of $100K or more: 68.8%

7. Idaho

• Median net worth: $313,400

• Households with a net worth of $100K or more: 63.2%

8. New Jersey

• Median net worth: $312,400

• Households with a net worth of $100K or more: 63.5%

9. Maine

• Median net worth: $303,700

• Households with a net worth of $100K or more: N/A

10. Nebraska

• Median net worth: $285,800

• Households with a net worth of $100K or more: 77.7%

This article was provided by MoneyLion.com for informational purposes only and should not be construed as financial, legal or tax advice.