Markets

Insider Trading

Hedge Funds

Retirement

Opinion

20 States with the Most Guns Per Capita in the US

Page 1 of 10

In this article, we will take a look at the 20 states with the most guns per capita in the US.

The United States is one of the most unique countries in the world, as its constitution explicitly allows the population to own firearms. As a result, a significant number of Americans own guns, making the US the country with the highest number of civilian-owned firearms. India, with a population of 1.44 billion, ranks a distant second to the US in firearm ownership, with 71 million guns in civilian hands. Gun sales in the United States have consistently remained high despite regulatory measures, such as the FBI’s National Instant Criminal Background Check System, enforced by state and federal authorities.

The Firearm Market

The global firearms industry was valued at $41.7 billion in 2023. Although the market is projected to grow at an annual rate of 6% from 2024 to 2032, stringent regulations by governments worldwide regarding gun ownership could hinder market growth. However, increasing political unrest and cross-border conflicts have fueled the demand for guns and accessories in the US. For example, shares of major gunmakers, such as Sturm, Ruger & Company, and Smith & Wesson Brands Inc. (NASDAQ:SWBI), surged on July 15 following an assassination attempt on former U.S. President Donald Trump at a campaign rally in Pennsylvania.

Gun sales reached unprecedented highs in 2020 amid the coronavirus pandemic and social upheaval following the death of George Floyd. Consequently, the stock prices of gun makers surged, with shares of Smith & Wesson Brands Inc. (NASDAQ:SWBI) hitting all-time highs near the $35 mark. By 2022, the market appeared to bottom out as sales declined to approximately 17.4 million total guns, down from nearly 22.7 million during the pandemic. However, gun makers remain confident about future sales. In its FQ4 2024 earnings call, Smith & Wesson Brands Inc. (NASDAQ:SWBI) reported over $159 million in net sales, nearly a 10% increase from the same quarter last year. “While the summer months will be highly competitive as we navigate the traditionally slower season for firearms,” said President and CEO Mark Smith, “we continue to expect healthy demand overall for firearms in fiscal year 2025, and Smith & Wesson is well positioned to deliver another solid year of growth.”

SWBI stock lost more than half of its value since peaking in June 2021. Its stock return should normalize going forward and return around 7-10% annually. However, we believe there are better stocks to invest in right now. For example, Artificial Intelligence (AI) technology stands out as one of the most promising fields for investors. If you are looking for an AI stock that is more promising than SWBI but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

Gun Violence: A Uniquely American Problem

On average, 120 Americans die each day from gun-related incidents, including suicides and homicides, totaling approximately 43,375 deaths per year. From 2015 to 2019, the US gun homicide rate was 26 times higher than that of other high-income countries, and its gun suicide rate was nearly 12 times higher. Mass shootings, defined as attacks where at least four people are injured or killed excluding the shooter, have been increasing since 2015, reaching a peak of 686 incidents in 2021. Despite the staggering toll, the political debate over preventing guns from falling into the hands of those who may harm themselves or others remains highly contentious. In addition, the Protection of Lawful Commerce in Arms Act (PLCAA), signed by President Bush in 2005, protects firearm manufacturers against lawsuits filed by cities or individuals affected by the manufacturers’ or retailers’ dangerous business practices. However, in 2022, Congress reached a deal on limited gun reforms for the first time in nearly 30 years, prompted by the tragic elementary school shooting in Uvalde, Texas, the deadliest school shooting since 2012.

As the November election approaches, The United States’ complex and storied relationship with firearms is set to take center stage. The two major presidential candidates have significantly different stances on firearm rights, which are crucial to voters’ perceptions of safety. For many Americans, stringent gun control laws are essential for their safety, while for others, expanding access to firearms enhances their sense of security. Due to the vast size of the United States, imposing regulatory control on firearm ownership poses a significant challenge for the federal government.

Our Methodology

In this article, we have listed the top 20 states with the most guns per capita. To compile our data, we referenced a published report by Ammo.com, which provides state-level estimates of household firearm ownership as of 2024, offering a useful measure of gun ownership within each population. The states are ranked in ascending order based on guns per capita. Additionally, we incorporated data from the Centers for Disease Control and Prevention (CDC) on firearm mortality by state, using the most recent data available from 2022, detailing the number of deaths caused by firearms.

At Insider Monkey we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

20 States with the Most Guns Per Capita in the US

20. Oklahoma

Guns Per Capita: 25.9

Gun Deaths per 100,000 People: 19.8

Oklahoma, renowned for its Native American culture, stunning landscapes, and oil and gas production, ranks as the 19th largest state in the United States by area. Approximately 54.7% of adults in Oklahoma households own firearms, and the state experiences about 19.8 gun deaths per 100,000 people.

19. Pennsylvania

Guns Per Capita: 26.9

Gun Deaths per 100,000 People: 14.7

Pennsylvania is a state in the Mid-Atlantic region of the northeastern United States that does not restrict the types of weapons individuals may possess, allowing residents to own handguns, rifles, shotguns, and assault weapons without requiring a purchaser identification card or permit. In the first four months of 2024, Pennsylvania saw a 23% decrease in gun homicides compared to the previous year.

18. Mississippi

Guns Per Capita: 27.4

Gun Deaths per 100,000 People: 29.6

Mississippi, the 32nd largest by area and 35th most populous of the 50 US states, has the lowest per-capita income. Renowned for its blues and bluegrass music, magnolias, and Southern hospitality and charm, Unfortunately, the state ranks among the worst US states in terms of health, development, and economy. Additionally, with a death rate of 29.6, Mississippi ranks among the worst US states with regards to gun violence.

17. Georgia

Guns Per Capita: 28.2

Gun Deaths per 100,000 People: 19.7

The state of Georgia is reputable for being the birthplace of many influential people, most notably Martin Luther King. Also celebrated for its Southern hospitality, Georgia is the 24th largest state in the US and ranks 17th on our list of states with the most guns per capita. In 2022, there were 2,361 gun-related deaths in the state.

16. Louisiana

Guns Per Capita: 32.9

Gun Deaths per 100,000 People: 28.2

Louisiana, a southeastern US state on the Gulf of Mexico, is known for its rich history as a melting pot of French, African, American, and French-Canadian cultures, which is evident in its Creole and Cajun heritage. The state does not prohibit the open carry of firearms in public and does not require universal background checks before gun purchases, perhaps making it one of the reasons why the state ranks second highest in firearm mortality by state, with approximately 28.2 gun deaths per 100,000 people.

15. Montana

Guns Per Capita: 33.2

Gun Deaths per 100,000 People: 23.9

Montana, the fourth largest state in the US, is renowned for its mountains, forests, and expansive open spaces, making it a popular destination for outdoor activities such as fishing, hiking, camping, and hunting. It boasts the highest percentage of gun ownership in the country, with 65.7% of its residents owning firearms.

14. Tennessee

Guns Per Capita: 34.1

Gun Deaths per 100,000 People: 20.5

Tennessee, a landlocked state in the US South, is known for its centrally located capital, Nashville, the heart of the country music scene. Residents consider Tennessee a great place to live, thanks to its thriving economy and low cost of living. However, shooting deaths in Tennessee have been rising for nearly a decade. Recent studies show the state reached historic highs in 2021, with more than 1,500 Tennesseans killed by gunfire.

13. Arizona

Guns Per Capita: 35.6

Gun Deaths per 100,000 People: 20.1

Arizona, a southwestern US state best known for the Grand Canyon, receives high marks for its warm weather, natural wonders, and affordable housing. As a relatively gun-friendly state, Arizona’s Concealed Weapon Permit (CWP) is recognized in 36 states, and visitors to Arizona can open carry in most locations.

12. Nevada

Guns Per Capita: 37.9

Gun Deaths per 100,000 People: 18.9

Nevada, known as the Silver State, offers a unique blend of natural beauty and vibrant city life. As the 7th-largest and 32nd-most populous state, Nevada’s GDP grew at an annualized rate of 2.5% over the five years leading up to 2023. Recent estimates indicate Nevada has 37.9 guns per capita.

11. Alaska

Guns Per Capita: 38.5

Gun Deaths per 100,000 People: 22.4

Alaska, known for its vast wilderness, glaciers, and mountains, is the largest state in the US by area. A popular destination for outdoor recreation, it is home to numerous national parks. However, the state’s natural beauty is marred with its reputation for violence, with the Federal Bureau of Investigation stating that Alaska’s violent crime rate remained far above the national average in 2022, with a rate of 758.9 violent crimes per 100,000 people, compared to the US rate of 380.7. Additionally, the number of gun deaths per 100,000 people in the state came in at 22.4, the 7th highest in the nation.

10. Alabama

Guns Per Capita: 38.7

Gun Deaths per 100,000 People: 25.5

Alabama, a southeastern US state, is home to significant landmarks from the American Civil Rights Movement, where many pivotal events took place. Despite its proud history, the current firearm climate has tarnished the state’s reputation. With a population of just five million, Alabama has the fourth highest firearms death rate in the country.

Page 1 of 10

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…