Los Alamos, N.M., ranks No. 1 in U.S. in millionaire residents

LOS ALAMOS, N.M. —A northern New Mexico city is No. 1 one among the places "Where Millionaires Live in America."

The November edition of Kiplinger ranks Los Alamos the top millionaire town based on a recent report by Phoenix Marketing International, a company that follows wealthy residents.

According to the report's findings, there are 885 millionaire households among Los Alamos' 18,000 residents.