richest towns in connecticut

Living in New Canaan is like being surrounded by family. Want to learn more about Weston? The remaining six wealthy Connecticut communities, all in Greenwich, in order are. Its also very well educated, with over half of its residents having a college degree. 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. After all, rich people have really high salaries. Jobs are plentiful in the city with a population of 7,453. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Most Expensively 2023. The beautiful neighborhood is small, just 6,962, after the influx of rich business professionals. The 10 Best Places to Live on the West Coast of Florida, The 20 Best Places to Live in Massachusetts, Where $100 million in Vacation Rental Startups is Going, The 10 Cheapest Places to Live in Colorado, Eight Reasons to go to French Polynesias Marquesas Islands, How Lisa Rinna Achieved a Net Worth of $10 Million, 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. The median home value is $766,900, making it more affordable than some other affluent communities. Citizens of COS COB have an average commute time from home to work of 31.9 minutes, suggesting they dont need to travel far for work. After Riverside and Greenwich, the next four richest towns are Darien ($599,920), New Canaan ($532,440), Old Greenwich ($530,250), and Rowayton ($422,210). Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. The 20 Worst Places to Live if you Have Arthritis in The U.S. 91.82% of the Population is white, with 87.8% white students in the public school system. The Population is 8,843 in this close-knit community. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. She also enjoys creative writing, content writing on nearly any topic (particularly business and lifestyle), because as a lifelong learner, she loves to do research and possess a high skill level in this area. As one of the Nutmeg state's oldest towns, it also represents one of the richest. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. Ridgefield, CT Annual household income: $206,560, 6. The unemployment rate is just 3.1%, with an average commute of 33 minutes. Some work at private companies and governmental institutions. Its also one of the wealthiest towns in Connecticut, with a median annual income per family of $180,057. OnlyInYourState may earn compensation through affiliate links in this article. Related: The 10 Wealthiest Cities In New York. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. The streets are safe, and the schools are highly rated. Connecticut towns make Bloomberg list of richest places Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. 96% of the residents are homeowners with a median home value of $868,200. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. The town is full of greenery and offers residents a tranquil vibe. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. The median home value is steep at $1,382,800 for 2022. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. The fourth wealthiest town in Connecticut is Old Greenwich. Wilton steps it up a notch with an upper-class community that is home to a close-knit community, schools that offer prestigious educational opportunities for students, big homes, and safe streets. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. 18 Top-Rated Small Towns in Connecticut | PlanetWare 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. The average home price in Ridgefield is $600,000, and it grants many benefits to its inhabitants: reduced crime rate, good schools, and an overall relaxed way of life. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Essex Village, CT Annual household income: $172,302, 12. Southport, CT Annual household income: $310,831, The 10 Best Places to Live in Austin for Singles, The 20 Safest Places To Live in Tennessee, Tips on How to Use a HELOC To Buy Real Estate, The 20 Best Places to Live in Latin America. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. The city has grown over the past decade, increasing from 8,223 residents to 9,110. The result? Its a small town of 10,354. You catch that vibe when you visit New Canaan, but its not cheap to live there. The median sales price is residential sales data for 12 month period ending January 2023. If you plan to buy a home in New Canaan, the average price is $1.36 million. This site uses Akismet to reduce spam. Among Connecticut cities and towns, the wealthiest are the big spenders Keep reading. West Simsbury is classified socioeconomically as an upper-middle-class zip code compared to other zip codes in Connecticut. The percentage of students eligible for participation in reduced or free lunch programs is 32.7%, which is low compared to many other cities in the state. The second wealthiest town in Connecticut is Riverside. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. If you plan to buy a home in the city, the median home value is $330,100. This is our tenth time ranking the richest cities in Connecticut. Its among the top ten. Here Are The 10 Richest Cities In Connecticut - OnlyInYourState The greatest investment during 2015 has been in the alternative accommodations, Read More Where $100 million in Vacation Rental Startups is GoingContinue, Colorado is an incredible state to stay in if you are looking for a place with amazing weather, plenty of food, sports, cultural, and outdoor activities. Milford, CT - HomeSnacks The 20 Richest Towns in Connecticut - moneyinc.com It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. In Essex Village, the median income for married people with families is $172,302 for married people with families, and slightly lower for unmarried with families. Connecticut is home to some of the wealthiest people in America. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. 1. Get more stories delivered right to your email. Isn't it grand to see Granby here in the top ten safest places in Connecticut. The average home value is $1,561,200, with 84% of the residents owning their own homes. If youre thinking about moving to Austin and youre single without a family or spouse, you might find some neighborhoods, Read More The 10 Best Places to Live in Austin for SinglesContinue. Look here. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. It has an average household income of $234,152 and 6,611 residents. The average family home retails for a massive $611,500, almost three times the . 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. Wealthiest Towns in CT Final - Suburbs 101. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. Residents enjoy a short train ride to New York City for shopping and entertainment, then return to the safety and comfort of this beautiful community. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. The city deserves its spot on the list as its well above the average US income. 20% of the residents pay rent, with 80% owning their homes. The average renter pays $2,336 per month. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". Wilton is also known as the village because of its quaint feel with many historic homes and buildings. Most of the townspeople hold bachelors degrees or higher. The average family home retails for a massive $611,500, almost three times the national average. Riverside has a population of 8,843. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. We also looked at things that make rich people happy: fellow neighbors with high median income levels, world class educational opportunities, low crime, and posh amenities. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. A median income that sits at a mammoth $352,839. What is it like to live in Greenwich, CT. There is a good reason that Norwalk was listed as one of the. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. On top of all these benefits, Westport is also an attractive place for people who want to start businesses because they can get affordable office space and high-quality amenities like restaurants and nightlife. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. Visit Bloomberg for the full report. If you want to drive your car everywhere, then this may not be the right fit for you; however, if you enjoy walking or biking, Old Greenwich has plenty to offer. The unemployment and poverty rates are 7.9% and 8.5% respectively. Riverside is one of the wealthiest communities in Connecticut. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. DiscoverNet | The 10 Richest Cities in Connecticut Weston is also one of the best places in Connecticut to raise a family. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. COS COB, CT Annual household income: $136,261, 17. Fairfield County towns have made yet another list of the richest places in the U.S. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. And that makes living in the state expensive. Middle-class and affluent, finding somewhere that doesnt test the limits of your credit card can be a chore, particularly if you reserve your home finding to Fairfield County, a place that boasts some of the wealthiest communities in the entire US. The Easton School District offers many different programs including art, music, and sports. The unemployment rate in this city is 10% and the poverty rate is 9.6%. Woodbridge is another wealthy Connecticut town. Weston residents live a good work-life balance with an average commute time of 42 minutes. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . The city is within a short distance of New York City, which offers residents all the amenities of the big city without the need to live there. Certainly enough time to go to the beach after work for a picnic dinner by the water! It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . Westport is a very desirable place to live as it ranks highly for safety. Westport is one of the richest towns in Connecticut with a median household income of $222,375. 10 Wealthiest Towns in Connecticut (2023) - Suburbs 101 Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. Its in Hartford County. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. Connecticut’s per capita income was $44,496 in 2019, according to estimates. Safest Cities In Connecticut (Updated For 2021) - HomeSnacks If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. Its smaller than Ridgefield but slightly more affluent. However, the average house prices range from $1,5 million to $3 million. Woodbridge, CT Annual household income: $205,541, 7. Here are the wealthiest towns in Connecticut. Westport is in the top five most affluent cities in Connecticut for 2022. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. California was the most represented with 23 cities and towns making the list. 22 overall, with average household income at $270,222. It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. It is an affluent community with a population of 18,503 people, and 75.1% of its residents have attained a bachelors degree or higher, reflecting an educated community. Liz loves the process of researching information, learning new things, and putting into words . With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. 4 CT towns make list of 100 richest towns in America 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. and 10 Reasons to Move to Greenwich, CT. Wilton is recognized as one of the wealthiest towns in Connecticut with a median household income of $209,635. Related: The 10 Wealthiest Neighborhoods in San Francisco. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. Counties [ edit] The median income is $80,896. Gov. Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. Westport is one of the wealthiest towns in Connecticut. The 20 Most Affordable Places to Live in Connecticut - Money Inc 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. Being a coastal city, citizens have plenty of opportunities to spend their free time. All of these towns are located not too far east of Greenwich . Darien Profile Page with Infographics. You can find out more about him on LinkedIn or his website. Most of the residents have gainful employment with high-paying jobs. The average value of a home is just under $800,000, which is on par with the average household income. To see the other wealthy places that made this list, take a look below. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. 79.4% of the community are US-born citizens, with 11.73% born in other countries. All Rights Reserved. The median household income in New Canaan is $214,977. 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). However, test score performance in the public school system gets a poor ranking. Fairfield is one of the richest towns and among the best places to live in Connecticut. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. If more people are employed, the richer the future looks. It is a very safe town surrounded by greenery. If you can afford a mortgage, its the better way to go in Fairfield. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. A handful of factors, from the number of businesses in an area to its median income, have an impact on whether residents are thriving or struggling financially. New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. The majority are white-collar workers, just 4.96% in the blue-collar classification. 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 median house price in Westport is approximately $1.5 million. Connecticut - Forbes Most Dangerous Neighborhoods in Washington DC. 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. 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. Test performance scores in public schools are ranked as excellent. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. What Is The Richest Town In Fairfield County? - PartyShopMaine The Most Affluent, Richest, High-Income Places in the US Learn how your comment data is processed. We aim to deliver bite-sized pieces of infotainment about where you live. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. That ratio steadily has been. Westport residents live a good work-life balance with an average commute time of 44 minutes. This time the list is from Bloomberg. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. Connecticut has for many years been labeled the richest state in the nation because of its highest-in-the-nation per capita income, but that may be rapidly changing according to figures from the U.S. Bureau of Economic Analysis. Grace Duffield / Hearst Connecticut Media file photo And if you want to know where these wealthy Connecticutors live, take a look below at HomeSnacks list of the richest places in The Constitution State for 2023. The median income in Danbury is $67,430 helping to secure its 5th place ranking. With its safe streets, world-class schools, plentiful amenities, and tempting $163,945 median income, its a great place to call home if your bank balance meets the challenge. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. United States locations by per capita income, List of Connecticut locations by per capita income, United States counties by per capita income, "U.S. Census Bureau QuickFacts: Connecticut", "SELECTED ECONOMIC CHARACTERISTICS 2011-2015 American Community Survey 5-Year Estimates", "Profile of General Population and Housing Characteristics: 2010 Demographic Profile Data", U.S. states and territories by per capita income, List of United States counties by per capita income, Highest-income counties in the United States, Highest-income metropolitan statistical areas in the United States, Highest-income urban areas in the United States, Highest-income ZCTAs in the United States, Lowest-income counties in the United States, https://en.wikipedia.org/w/index.php?title=List_of_Connecticut_locations_by_per_capita_income&oldid=1133314595, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 13 January 2023, at 05:01. Redding has a median home sales price of $1,030,000 and a median household income of $138,125. As of December 2019 Income inequality is huge in Connecticut, with the disparity most pronounced when comparing southern towns like New Canaan and Greenwich with Hartford, the state's capital.. Ranks #10 in Cheapest Places To Live In Connecticut Map Of Milford, CT Best Places Around Milford 1 Mount Sinai, NY Population 10,446 2 Sound Beach, NY Population 7,080 3 Port Jefferson, NY Population 8,016 4 Orange, CT Population 13,928 5 North Haven, CT Population 23,665 6 Shelton, CT Population 41,162 7 East Haven, CT Population 28,645 8 if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_2',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');So, what is the richest place in Connecticut? Easton is a cute little city located just a short hop, skip, and a jump away from the amenities and attractions of the New York City metro area. There are also several golf courses in town that draw a lot of people from around the world. 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?