Business & Tech
More Marblehead Residents Earning $1 Million Or More
The number of Marblehead residents reporting income of $1 million or more increased 8.8 percent in 2017.
MARBLEHEAD, MA — There were 223 Marblehead residents who reported adjusted gross income of $1 million or more in 2017, the most recent year for which data is available. That was up 8.8 percent from 205 in 2016, according to Massachusetts Department of Revenue data.
According to the Boston Business Journal, which first reported this story, a strong economy and stock market so a statewide increase in the number of million-dollar earners in 2016. Statewide, there were 18,090 million-dollar filers in 2017, up 12 percent from 2016.
Here's the top 25 list of Massachusetts communities with the most residents reporting income of $1 million or more in 2017:
Find out what's happening in Marbleheadfor free with the latest updates from Patch.
- Boston
- Newton
- Wellesley
- Weston
- Cambridge
- Brookline
- Lexington
- Needham
- Hingham
- Concord
- Winchester
- Andover
- Sudbury
- Belmont
- Wayland
- Marblehead
- Dover
- Milton
- Westwood
- Lincoln
- Duxbury
- Cohasset
- Hopkinton
- Medfield
- Natick
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.