The Millionaire Next Door?

We shouldn't assume that the wealthiest individuals live in the most expensive homes.  Here are some statistics from "Stop Acting Rich...And Start Living Like a Real Millionaire" by Thomas Stanley, PhD.

The number of millionaires who live in homes valued at $1million or more:  403,211

The number of millionaires who live in homes valued at $300,000 or less:  1,138,070

Percentage of millionaires who live in homes valued at $1million or less:  90%

Estimated number of millionaires who live in mobile homes:  67,000

Percentage of homes valued at $1million or higher owned by millionaires:  27%