How Many Millionaires Live in Milford?

Not only is Massachusetts getting a lot of snow, but there is apparently 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.

In 2012, Milford had 12 filers, that’s down from 13 in 2011. Milford has 0.8 millionaires per square miles, and the average income per filer was $4,768,000.

Boston topped the list, with 1,689 millionaires and Wellesley had the most per square mile with 75.3.

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