Community Corner
How Many Millionaires Live in Concord?
Tax returns from 2011 show that one out of every 74 Concord residents filed a million-dollar tax return.
By Les Masterson
Two hundred and fifty-four Concord residents filed million-dollar tax returns in 2011, a 14 percent increase over the previous year.
That means that one out of every 74 residents filed a million-dollar return, reported the Boston Business Journal.
Concord's Millionaire's Club is five times larger than the Massachusetts average by community, which was 51, and soars above the the state median, which was 14.
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But that wasn't quite enough to crack the Commonwealth's Top 5. Boston, Newton, Wellesley, Weston and Cambridge were the top five for millionaires, according to BBJ.
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