How Many Millionaires Live in Milford?

By CHARLENE ARSENAULT (Patch Staff)

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 towns and cities in Massachusetts with the most million-dollar income earners in 2013, which is the most recent year for which statistics are available.

Milford came in at 135 on the list. In 2013, there were eight millionaire tax filers in town. With a population of 28,288 and 14.6 square miles within the town borders, that means there are 0.5 millionaires per square mile in town.

Put another way, there’s a millionaire for every 3,536 Milford residents.

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.