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Where Do Millionaires Live in Massachusetts?

Published in Massachusetts Affluent Communities 1 min read

Millionaires in Massachusetts are concentrated in several highly affluent communities throughout the state, particularly in suburban areas known for their high property values and exclusive neighborhoods. Based on recent analyses of wealth distribution, some of the most prominent towns where a high concentration of affluent households reside include Dover, Wellesley, Boxford, and Hingham.

These communities consistently rank among the wealthiest in Massachusetts, attracting individuals and families with substantial net worth due to their excellent amenities, top-tier schools, and desirable real estate. The presence of a significant number of high-income households in these areas makes them prime locations for millionaires.

Top Affluent Communities in Massachusetts

Here are some of the leading communities identified as the richest places in Massachusetts based on the latest available data, indicating a strong presence of affluent residents:

Rank City Total Households
1 Dover 781
2 Wellesley 8,956
3 Boxford 904
4 Hingham 2,039

These towns represent just a few of the many areas across Massachusetts where a substantial portion of the state's millionaires and high-net-worth individuals have chosen to establish their residences. Their appeal often stems from a combination of privacy, natural beauty, and convenient access to economic hubs and cultural centers.