How Many Millionaires Live in Wilmington?

The number of millionaires in Massachusetts is on the rise according to recent findings investigated and reported by the Boston Business Journal, which recently released its list of Massachusetts towns and cities with the most million-dollar earners.

Using data based from the state’s Department of Revenue, the BBJ found 11,557 of those who filed taxes reported at least $1 million income for 2011 (that is the latest statistic available). That’s up 13 percent from 2010.

Boston was the highest on the BBJ’s list for all towns and cities in terms of total millionaires, with more than 1,443 who earned more than a million. Newton came in second place (with 957) and Wellesley in third place, with the town having 695 who earned more than a million.

Wilmington had 12 residents who filed as making at least $1 million in 2011, accounting for one millionair per every 1,911 people. The average income for millionaires in Wilmington was 3,171,000, according to the report.

Look up your town or city and read the full report here.