To be sure, there are more ways than one to take stock of the cities and towns with the most millionaires next door, with each measuring stick offering its own set of varied results. Whether one methodology is more accurate or relevant than the next is anyone’s guess.
What’s for certain is that Greater Boston’s leafy suburbs to the west are among the state’s wealthiest, no matter how you slice it. Based on state tax data on millionaire filers in 2010, towns such as Weston, Wellesley, Newton and Concord consistently rank high among the wealthiest communities in the Bay State, regardless of how the numbers are crunched. No surprise there, although the results do highlight some sleeper communities with more millionaire residents than one might expect.
On an aggregate level, the Department of Revenue said some 10,358 Massachusetts filers reported income of at least $1 million in 2010, with their total reported income coming in at a whopping $36.6 billion. To put that total earnings number in perspective, it averages out to around $3.5 million per filer and is approximately 12 percent greater than the state's fiscal 2013 budget signed into law by Gov. Deval Patrick earlier this year.
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