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1. Connecticut
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Average Retirement Account Balance: $545,754
Total Tax Burden: 10.44%
Percent of Millionaire Households: 9.44%
2. New Jersey
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Average Retirement Account Balance: $514,245
Total Tax Burden: 9.98%
Percent of Millionaire Households: 9.76%
3. New Hampshire
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Average Retirement Account Balance: $512,781
Total Tax Burden: 6.84%
Percent of Millionaire Households: 8.47%
4. Alaska
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Average Retirement Account Balance: $503,822
Total Tax Burden: 5.10%
Percent of Millionaire Households: 8.18%
5. Vermont
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Average Retirement Account Balance: $494,569
Total Tax Burden: 10.75%
Percent of Millionaire Households: 6.29%
6. Virginia
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Average Retirement Account Balance: $492,965
Total Tax Burden: 7.86%
Percent of Millionaire Households: 8.31%
7. Maryland
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Average Retirement Account Balance: $485,501
Total Tax Burden: 9.32%
Percent of Millionaire Households: 9.72%
8. Massachusetts
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Average Retirement Account Balance: $478,947
Total Tax Burden: 8.77%
Percent of Millionaire Households: 9.38%
9. Minnesota
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Average Retirement Account Balance: $470,549
Total Tax Burden: 9.99%
Percent of Millionaire Households: 7.43%
10. Washington
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Average Retirement Account Balance: $469,987
Total Tax Burden: 8.34%
Percent of Millionaire Households: 7.85%
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51. Utah
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Average Retirement Account Balance: $315,160
Total Tax Burden: 8.29%
Percent of Millionaire Households: 7.05%
50. North Dakota
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Average Retirement Account Balance: $319,609
Total Tax Burden: 7.81%
Percent of Millionaire Households: 6.16%
49. Washington, D.C.
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Average Retirement Account Balance: $347,582
Total Tax Burden: N/A
Percent of Millionaire Households: 9.12%
48. Mississippi
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Average Retirement Account Balance: $347,884
Total Tax Burden: 8.99%
Percent of Millionaire Households: 4.18%
47. Oklahoma
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Average Retirement Account Balance: $361,366
Total Tax Burden: 7.13%
Percent of Millionaire Households: 4.90%
46. Arizona
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Average Retirement Account Balance: $364,395
Total Tax Burden: 8.19%
Percent of Millionaire Households: 6.03%
45. Hawaii
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Average Retirement Account Balance: $366,776
Total Tax Burden: 12.19%
Percent of Millionaire Households: 9.2%
44. West Virginia
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Average Retirement Account Balance: $370,532
Total Tax Burden: 8.84%
Percent of Millionaire Households: 4.21%
43. Tennessee
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Average Retirement Account Balance: $376,476
Total Tax Burden: 5.74%
Percent of Millionaire Households: 5.21%
42. Nevada
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Average Retirement Account Balance: $379,728
Total Tax Burden: 8.23%
Percent of Millionaire Households: 5.61%
