richest towns in connecticut

Its capital is Hartford, and its most populous city is Bridgeport. When you learn that the average cost of a single-family home is $1,150,400 and the median income is $206,466, youll be left in no doubt. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. Isn't it grand to see Granby here in the top ten safest places in Connecticut. In 2018, the average household income in its Old Greenwich. It has a great location, close to major highways and a short drive from New York City. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. Avon, CT Annual household income: $187,080, 10. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Liz loves the process of researching information, learning new things, and putting into words . The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. It has a population of 27,141. West Simsbury, CT Annual household income: $109,590, 19. The average commute time from home to work is 35.7 minutes. Theres usually something going on for recreation and entertainment in the town and surrounding areas. Use Next and Previous buttons to navigate. Old Greenwich Annual household income: $222,794, 2. The current Population is 2,601, with an annual growth rate of 0.35%. And that makes living in the state expensive. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. Test performance scores in public schools are ranked as excellent. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. There are also plenty of parks throughout the town including Waterside Park which offers a great view of Long Island Sound as well as tennis courts and playgrounds for children. Its not difficult to find a home to buy or rent, as there are 3,122 homes in the town, with just 2,935 currently occupied. 20% of the residents pay rent, with 80% owning their homes. Southport is an affluent town in Connecticut. In the last year, its got even wealthier thanks to the influx of wealthy Wall Street types that have abandoned Covid stricken New York for the attractions of this exclusive enclave according to Business Insider, over 1300 of them have made the move since the pandemic started. It has an average household income of $234,152 and 6,611 residents. Read on to discover the 14 richest towns in Connecticut in 2022. These are some, Read More The 10 Richest Zip Codes In CaliforniaContinue, Florida has the longest coastline of any state in the contiguous United States. What are the richest towns in Connecticut? Darien Profile Page with Infographics. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. The unemployment rate is just 3.1%, with an average commute of 33 minutes. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. The fourth wealthiest town in Connecticut is Old Greenwich. 87% of the residents own their homes, and just 13% rent. West Hartford, CT Annual household income: $142,197, 14. CT proposal causes confusion, concern. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. Check them out: What are the oldest towns in Connecticut? An average home value of just a little under $800,000 might seem like a fortune to most of us, but to the residents of Wilton, its little more than small change, at least if the median income of $193,292 is anything to go by. The unemployment rate tries to capture the prospects for more people to become rich. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. If you love the outdoors, check out the beautiful. Almost 6,300 communities met the criteria, which includes approximately 75% of total households in the U.S.". Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. As at 2019, Connecticut had a per capita income of $44,496. Darien has a population of 21,499. Its less ideal, however, if your bills are already bigger than your income. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. The demographics data shows that 88.37% of the residents are white, with 83.9% of the public schools showing a student population that is 83.9% white with excellent test performance scores. Research has shown that the climate of a location does have an impact on persons with moderate, Read More The 20 Worst Places to Live if you Have Arthritis in The U.S.Continue, If your dream is to live or explore in the wealthiest neighborhoods, California is the state for you. Another one of the richest towns in Connecticut is Weston. Southport has a long history as a summer resort and residential community. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Riverside is one of the wealthiest communities in Connecticut. There are many factors that go into determining how rich or poor an area in Connecticut is, and the typical residents income can vary greatly from one place to another. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. In a city with a population of 52,005, the median income came in at $81,971. With a population of 20,622 inhabitants, the average income per household is $145,244. Home prices in town are also high, ranging from $500,000 to $4,000,000. The city deserves its spot on the list as its well above the average US income. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Most of the residents have gainful employment with high-paying jobs. California was the most represented with 23 cities and towns making the list. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. Four Connecticut towns made the top 50 list (well, three. HomeSnacks is reader-supported. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. 96% of the residents are homeowners with a median home value of $868,200. Chris Kolmar has been in the real estate business for almost ten years now. Woodbridge is another wealthy Connecticut town. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. Considering Connecticut isnt the cheapest state in the US to start with, that alone should give you some idea of just how rich this little city is. With 733 . Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. On the plus side, the median income of $190,227 is equally jaw-dropping. The town is also known for having excellent public schools. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. Counties [ edit] Until the federal government takes its regulatory role seriously and uses the big stick that it has, corporations will attempt to self-regulate M&T urged to end 'banking desert' in Bridgeport neighborhoods, 'Candlewood' horror movie drops trailer inspired by local urban legends, Four Fairfield businesses fail February health inspections, Warrant: Ex-New Fairfield 'lunch lady' sent nude images to student on Snapchat for months before sex assault, Police make up 19 of Trumbull's top 20 highest paid employees, Former CT girls soccer coach pleads guilty to sexually assaulting player, Bridgeport man broke into Norwalk homes while families slept inside, warrants said, The Best Private High Schools Near Stamford, The Best Private Preschools Near New Haven, Guide to Legal Cannabis Dispensaries in CT, Why CT waits for $95 million from OxyContin maker Purdue Pharma, HUSKY Health is helping immigrants. The rankings are based on income and home value. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. Darian is an entire little town, and those that call it home enjoy lifes best with quaint shops, great places to dine, and plenty of recreational, shopping, and community event opportunities. Love Connecticut? All rights reserved. Save my name, email, and website in this browser for the next time I comment. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Essex Village is a highly desirable community to live in for the affluent. Its the place where many believe this country originated, being home to the historic city of Plymouth. Here are the 10 richest places in Connecticut for 2023: Shelton Milford Stamford Naugatuck Bristol Danbury Norwalk Middletown Norwich West Haven With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. The schools are among the best in the state, making them the ideal place to raise a family. With an average household income of $236,892 per year, it is one of the richest towns in the state. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. However, test score performance in the public school system gets a poor ranking. Shelton. To find out which Connecticut cities are doing the best and why we compared the most recent data from the U.S. Census Bureau to our own city-level income data to determine Americas richest cities. View Map of 25 Poorest Zipcodes in Connecticut. Want to learn more about Weston? Here well take a look at 10 of the richest cities in Connecticut as of 2022 so you can get an idea of what makes them thrive and how you can take advantage of them. Editors Note: Data has been updated for 2023. Wealthiest Towns in CT Final - Suburbs 101. Above is a fundraiser at the famous Glass House in New Canaan. Fairfield is a moderate-sized city in Fairfield County. The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Old Greenwich is a perfect place to live if youre looking for an upscale quiet community with excellent schools, but its not exactly pedestrian friendly when it comes to getting around town! Related: The 10 Wealthiest Cities In New York. West Simsbury has 151,104 residents as of 2022. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. After we collected the data for all 21 places with more than 9,000 people in Connecticut, we ranked each place from 1 to 21 for each of the criteria, with 1 being the richest. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. Old Greenwich is home to some of the wealthiest Connecticut residents. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. The average home price in town is $780,000. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? The median household income in New Canaan is $214,977. Keep reading. People love to enjoy life and share it with family, friends, and neighbors. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. Youll find parades, festivals, and occasional pop-up art exhibitions. The town is also home to many hedge fund managers, bankers, and lawyers. The community is close-knit and safe, and while its not exactly the most buzzing of places, its calm serenity and lovely scenery are attractions in their own right. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . 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Expensive homes and big salaries arent the only things the population of this small city get to enjoy: with New York City just a stones throw away, a close-knit community, prestigious schools, safe streets, and plenty of green areas, its every bit as desirable as it is wealthy. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. (and lowest paying jobs). It is a picture-perfect neighborhood in the Town of Greenwich with beaches, highly rated schools, and an easy train ride to NYC. The average price of a home is $611,500, nearly three times the national average. The bright side? 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Its an Upper-Middle-Class town with a median household income of just under $141K. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. Most of the townspeople hold bachelors degrees or higher. It also has a number of highly rated public and private schools, which can be a major plus for families with children. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. If you choose to rent an apartment, expect to pay an average of $1,866 monthly. Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. In fairness, the high prices arent unjustified. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Its one of the areas wealthiest communities, with the median annual household income at over $215k. This year we asked our panel of experts to give some extra love to those restaurants where amore is on Nathan Spotts/Lauren Kinkade / Contributed Photo, Tyler Sizemore / Hearst Connecticut Media, Photos courtesy of William Pitt Sotheby's International Realty, H John Voorhees III / Hearst Connecticut Media, 2023 Hearst Media Services Connecticut, LLC, Just Salad restaurant celebrating grand opening in Fairfield, CTs Beardsley Bart makes his annual Groundhog Day prediction, Penny's Diner closes its Fairfield location after 40 years, Ppin, Sarandon talk food, joy of Rice Krispies at live CT show, New soul food restaurant, Everybody Eatz, opens in Bridgeport, Fairfield fried chicken restaurant Lovebird closes, CT Girl Scouts try to publish climate book after DiCaprio tweet, 29 Markle Ct, an upscale new American restaurant, now open, Carl Anthony Trattoria in Monroe relocating after 25 years, Manna Toast in Westport announces closing by year's end. This site uses Akismet to reduce spam. They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Newtown Borough as having a median household income of $140,625 (104.7% more than the U.S. median income). Related: The 10 Wealthiest Cities In Missouri. With a median income of $59,522, Naugatuck took ninth place. The local school system is also amongst the best in the state. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. Hoping for a glimpse at some of those gorgeous views for which this town is known? The median household income is just over $190K per year. Redding residents enjoy a peaceful life in a rural setting, away from the hustle and bustle of city living, yet still within a 1.5 hour drive to Manhattan. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. Its harbor and beaches are popular among boaters, who are drawn by the calm waters of Long Island Sound and easy access to New York City via ferry or bridge. We then averaged all the rankings for a place into a Rich Score with the place having the lowest overall Rich Score, Shelton, crowned the Richest City In Connecticut For 2023. If you want to live in Darian, youd better start saving. Many of these towns are wonderful places to live due to their incredible verdant spaces and proximity to the city and ocean. Test performance scores in public schools are above average, slightly lower than in Ridgefield. Like we said earlier, when we set out to identify the richest places in Connecticut, we werent sure what wed encounter, but it ended up being some of the best places to live in Connecticut. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. Westport, CT Annual household income: $222,535, 4. It has a population of 27,141. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. The Population is 8,843 in this close-knit community. The town is full of greenery and offers residents a tranquil vibe. However, it is true that overall, the Nutmeg State is richer than most. What determines the overall wealth of a city? The high demand is getting harder to find places for sale. The unemployment rate is 8.6% and the poverty rate is 10% in this city. The median home value is steep at $1,382,800 for 2022. 79.4% of the community are US-born citizens, with 11.73% born in other countries. However, the average house prices range from $1,5 million to $3 million. Living in West Hartford is not cheap, but the perks are worth the cost with its safe neighborhoods, upscale shopping and dining venues, and more. Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. The median house price in Westport is approximately $1.5 million. List of 25 Wealthiest Zipcodes in Connecticut; Rank Map Key Zipcode Zip Name County Adjusted Gross Income Median Household Income; 1: 06878: Riverside: Fairfield: $740130: If youre planning a move to Tennessee, then youll be happy to know that there are some areas that are among the most beautiful in scenery as the landscape changes from one season to another. The next richest town in Connecticut is Ridgefield. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. the average home value is $1,471,700. If you plan to buy a home in the city, the median home value is $330,100. Fairfield, CT Annual household income: $139,122, 16. Redding, Connecticut, is a small city with a population of 9,110. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. According to homes.com, Ridgefield is one of the most expensive places in Connecticut to buy a home. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. Westport is one of the wealthiest towns in Connecticut. Here are the 10 most expensive places to live in Connecticut for 2023: Stamford Norwalk Danbury New Haven Hartford Bridgeport Ansonia New London Middletown Groton What's the most expensive place to live in Connecticut? Its a small, affluent community where the average commute time for workers is 35.5 minutes, and test performance scores for public school students are excellent. The unemployment rate is 8.0% and the poverty rate is 8.9%. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. The median sales price is residential sales data for 12 month period ending January 2023. Weston is in Fairfield County. Certainly enough time to go to the beach after work for a picnic dinner by the water! Westport Profile Page with Infographics. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. The unemployment and poverty rates are 7.9% and 8.5% respectively. New Canaan and other wealthy towns made it onto the state's list of "disproportionately impacted areas" for favorable treatment in the marijuana legalization rollout, due to a quirk in the data. Less than an hour train ride from New York City, Greenwich gives the feel of a small town with all the amenities of the big city. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. When Does a Seller Get Their Money After Closing on a House? 91.82% of the Population is white, with 87.8% white students in the public school system. There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. With Connecticut being so close to New York City, it has become a favorite place for wealthy New Yorkers looking to buy a quaint, suburban home. Darian If you want to live in Darian, you'd better start saving. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. COS COB, CT Annual household income: $136,261, 17.