Newton Ranked Wealthiest City in the Northeast

NEWTON, MA - A recent study examined the wealth of more than 400 cities in America, and in the northeast, Newton came out on top.

According to a list released by the website NerdWallet, Newton is the wealthiest city in the region.

The site analyzed the median household income and percent of homes without a mortgage, the monthly median home value and the average credit limit for card holders in 475 U.S. cities with more than 65,000 residents.

NerdWallet reported that the average credit limit in Newton is $70,822, the median household income is $102,796 and the median home value is $886,400. Thirty-five percent of homes in Newton are without mortgages, according to the site.

Here's a look at NerdWallet's 10 wealthiest cities in the northeast:

1. Newton, MA
2. Stamford, CT
3. New Rochelle, NY
4. Cambridge, MA
5. Norwalk, CT
6. Framingham, MA
7. Somerville, MA
8. Boston, MA
9. Danbury, CT
10. Toms River, NJ

>>>Click here for the full list of wealthiest cities in each region.