Community Corner

How Many Millionaires Live in Somerville?

The Boston Business Journal recently released statistics on where the most millionaires live in the state.

Boston suburbs continue to top the list of towns and cities with the most millionaires, according to the latest report from the Massachusetts Department of Revenue.

The Boston Business Journal reported the state’s Top 30 towns and cities with the most million-dollar income earners in 2013, which is the most recent year for which statistics are available.

Somerville did not land on the last, but statistics were still made available

Find out what's happening in Somervillefor free with the latest updates from Patch.

In 2013, there were 30 millionaire tax-filers in Somerville. With a population of 78,804 and 4.1 square miles within the town borders, that means there are 7.3 millionaires per square mile in town.

Put another way, there’s a millionaire for every 2,627 Somerville residents.

Find out what's happening in Somervillefor free with the latest updates from Patch.

Wellesley, Cambridge and Brookline topped the list, with 726 millionaire filers in Wellesley at 71 per square mile.

Among the top 30, all but Milton and Natick continued to report year-after-year declines in the number of Millionaires, said the BBJ.

Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.