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How Many Millionaires Live in Salem?

Tax returns from 2011 show that one out of every 3,838 Salem residents filed a million-dollar tax return.

Patch file photo.
Patch file photo.

11 Salem residents filed million-dollar tax returns in 2011.

That means that one out of every 3,838 residents filed a million-dollar return, reported the Boston Business Journal.

Salem is short of the Massachusetts average by community, which was 51, and the state median, which was 14.

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

Read the full Boston Business Journal report here. 

Search by town here.

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