How Many Millionaires Live in North Reading?

By Charlene Arsenault (Patch Staff)

Not only is Massachusetts getting a lot of snow, but there appear to be a blizzard of millionaires in the state.

The Boston Business Journal has released its 2015 Millionaire Report, stating that “in the three years following the Great Recession, the number of Bay State residents reporting at least $1 million in annual income skyrocketed, the amount of their collective earnings bumping up against the $50 billion threshold in 2012 alone. That figure was up by roughly a third from two years prior.”

The BBJ used numbers from the Department of Revenue to compile its annual list. Note that 2012 is the latest tax return list that is available.

Wellesley topped the list, with 75.3 millionaires per square mile.

The number of millionaires have actually decreased in North Reading. There were 36 millionaires listed in 2011 and 30 in 2012, according to the BBJ.

Read all of the information from the report about North Reading here.

Click here for details on the findings, including each city or town’s total millionaire income, changes from 2010 and average income per filer.