News

Boston’s mayoral candidates have a range of incomes, tax returns show

Boston, MA 6/9/2013 Bill Walczak (cq) kicking off his Boston mayoral campaign at Pho Hoa Restaurant on Sunday June 9, 2013. (Matthew J. Lee/Globe staff) Topic: 10walczak Reporter: Robert Davis
The highest income among mayoral hopefuls belonged to Bill Walczak, who estimated that last year he and his wife earned $700,000.Credit: Matthew J. Lee/Globe Staff

This is a summary. To read the whole story subscribe to BostonGlobe.com

There are no Mitt Romneys in the bunch, no nine-digit personal fortunes, no eye-popping investments. But roughly half of the candidates hoping to succeed Thomas M. Menino as mayor of Boston earn more than double the city’s annual median household income of almost $52,000.

Four of the aspirants would actually face pay cuts if they move into the fifth-floor office that belongs to the mayor, a job that pays $175,000.

As campaigns clash this summer over affordable housing and the plight of the middle class, tax returns can provide a glimpse of each candidate’s socioeconomic status. The Globe requested 2012 state and federal tax returns for all 15 people running for mayor and found that income varied from roughly $59,000 to $700,000.

Full story for BostonGlobe.com subscribers.

Get the full story with unlimited access to BostonGlobe.com.

Just 99 cents for four weeks.

Share