Business & Tech

How Many Millionaires Live in Stoughton?

Tax returns from 2011 show that one out of every 4,061 Stoughton residents residents filed a million-dollar tax return.

By Les Masterson

Six Stoughton residents filed million-dollar tax returns in 2011.

That means that one out of every 4,061 residents filed a million-dollar return, reported the Boston Business Journal.

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With six, Stoughton ranked below the Massachusetts state median of millionaires which is 14.

Stoughton had six millionaires with an average income of $1,972,000

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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