Business & Tech

How Many Millionaires Are in Lexington?

The number of millionaires in Massachusetts is on the decline.

Lexington has 344 millionaires, according to a report by the Boston Business Journal.

The BBJ analyzed 2013 tax data and found Lexington had 344 millionaire filers—down from 379 the year before.

Lexington’s millionaires earned an average of $3.5 million.

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These other communities topped the journal’s list:

  • Newton 1,058 millionaires
  • Wellesley 726
  • Weston 491
  • Brookline 417
  • Cambridge 404

There were 12,501 millionaires in the state in 2013, an 8 percent drop from the previous year, the journal reported.

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