Community Corner

How Many Millionaires Live in Woburn?

Tax returns from 2011 show that one out of every 2,049 Woburn residents filed a million-dollar tax return.

Nineteen Woburn residents filed million-dollar tax returns in 2011, an increase from 16 filed in 2010.

That means that one out of every 2,049 residents filed a million-dollar return, reported the Boston Business Journal.

Woburn is well short of the Massachusetts average by community, which was 51, but higher than the state median, which was 14.

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Boston, Newton, Wellesley, Weston and Cambridge were the top five for millionaires, according to BBJ.

Read the full Boston Business Journal report here. 

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