How Many Millionaires Live in Bedford?

By CHARLENE ARSENAULT (Patch Staff)

Boston suburbs continue to top the list of towns and cities with the most millionaires, according to the latest report from the Massachusetts Department of Revenue.

The Boston Business Journal reported the towns and cities in Massachusetts with the most million-dollar income earners in 2013, which is the most recent year for which statistics are available.

Bedford came in at 48 on the list. In 2013, there were 50 millionaire tax filers in town. With a population of 13,975 and 13.7 square miles within the town borders, that means there are 3.6 millionaires per square mile in town.

Wellesley, Cambridge and Brookline topped the list, with 726 millionaire filers in Wellesley at 71 per square mile.

Among the top 30, all but Milton and Natick continued to report year-after-year declines in the number of millionaires, said the BBJ.