How Many Millionaires Are There In The U.S.?

Contributed by mm | September 12, 2006 8:51 AM PST

Building a million dollar net worth seems to be easier than ever. Simply pt, there are more than 8.3 million families boasting 7-figure net worth today.

From CNN Money:

The number of households with a net worth of $1 million or more, not including the primary home, rose 11 percent to a record 8.3 million in 2005, according to a report released Wednesday by the Spectrem Group.

That's the second year in a row the millionaire account hit an all-time high.

The consulting firm, which focuses on the affluent market, also found that the number of households with a net worth of $5 million or more rose 26 percent to a record 930,000.

Households with a net worth between $500,000 and $1 million also hit an all-time high of 14 million, up 7 percent.

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