The median household income is just over $190K per year. The city is in Fairfield County, with Census Bureau statistics that list the racial majority as 89.61% white, with similar demographics in the public schools. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. The beautiful neighborhood is small, just 6,962, after the influx of rich business professionals. 78% of them have at least a bachelors degree. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. You can download the data here. (and lowest paying jobs). The local school system is also amongst the best in the state. The third on the list is Westport. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. The climate is better for persons with allergies, asthma, and other respiratory conditions. Milford, CT - HomeSnacks 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. The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Only 16 states were represented in the top 100. The city has grown over the past decade, increasing from 8,223 residents to 9,110. Connecticut towns make Bloomberg list of richest places This site uses Akismet to reduce spam. Counties [ edit] America's wealthiest people are starting to move into smaller cities, a new wealth report says. Fairfield County is very close to New York City. What is it like to live in Greenwich, CT? If you like close-knit communities with family-friendly vibes, well-respected schools, beautifully maintained parks, top-notch libraries, world-class restaurants, and a host of activities to get involved in (parades, festivals, pop up art exhibitions, shows the list goes on), then youre going to love New Canaan. The financial news and opinion site 24/7 Wall St . The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. 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. Easton has excellent schools both public and private schools are available. 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. Westport is in the top five most affluent cities in Connecticut for 2022. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. The average home price in Southport is $600,000. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . Fairfield. The median household income at Cos Cob is $138,125. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. Get more stories delivered right to your email. Dariens median home value is $1,654,00. Below is a list of the wealthiest towns in Connecticut. If you choose to rent an apartment, expect to pay an average of $1,866 monthly. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. The 10 Best Places To Live In Connecticut For 2022 - HomeSnacks The town has over 120 acres of open space and over 1,000 acres of parkland. The Most Affluent, Richest, High-Income Places in the US Fairfield is a moderate-sized city in Fairfield County. Westport is one of the wealthiest towns in Connecticut. 79.4% of the community are US-born citizens, with 11.73% born in other countries. Education Levels Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Most homes were built in 1965 when the community saw its largest growth spurt. The streets are safe, and the schools are highly rated. 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. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. Connecticut has a large number of wealthy towns and cities with high incomes among its residents, but this does not mean that every resident of Connecticut lives in a wealthy area. 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. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. 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. This Is The Wealthiest Town In Connecticut The unemployment rate is 3%, which beats the state average by 4.1%. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. This site uses Akismet to reduce spam. This is our tenth time ranking the richest cities in Connecticut. Fairfield is one of the richest towns and among the best places to live in Connecticut. The rankings are based on income and home value. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. 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? It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Connecticut is the wealthiest state in the United States of America in terms of per capita incomes and wealth. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. Weston is one of the richest towns in Connecticut with a median household income of $207,863. Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. 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. All of these towns are located not too far east of Greenwich . As the name implies, Southport is a port city that is situated on the coast. Is Connecticut still the richest state in the nation? Barely Darien Profile Page with Infographics. Top 10 Richest Cities in Connecticut 2023 - namecensus.com The richest town in Connecticut is Darien, with a median household income of $251,200. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. Youll find parades, festivals, and occasional pop-up art exhibitions. It's also home to the state's only national historic site, Weir Farm. However, depending on the neighborhood, you can also find more affordable housing. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. With a median income of $187,917 and a median home value of $703,200, this is a city of big paychecks, big houses, and big cars. The city deserves its spot on the list as its well above the average US income. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. 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. The town has a high concentration of people from New York City who commute to work here by train or car. 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. What is it like to live in Greenwich, CT. The seaside neighborhood is a part of the Town of Greenwich, nestled on the beautiful waterfront with homes on its private beaches and all of the quaint little shops and dining venues the heart could desire. Editors Note: Data has been updated for 2023. Its among the top ten. Old Greenwich has a population of 6,962 and a median household income of $222,794. Living in New Canaan is like being surrounded by family. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. It has a population of 33,900 residents. Theres usually something going on for recreation and entertainment in the town and surrounding areas. Most of the residents have gainful employment with high-paying jobs. Not that there isnt more to it than that with a vibrant food scene, a charming historic district, gorgeous parks, and a great selection of shops, it offers premium living at an admittedly premium price tag. Its also a great place for students who want to attend college because it has many colleges and universities nearby such as the University of Connecticut, Yale University, Quinnipiac University, and Sacred Heart University. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. DiscoverNet | The 10 Richest Cities in Connecticut Theres no law saying you have to be rich to live in Fairfield, but it does help, especially if you want to buy a property at some point. Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. 4 CT towns make list of 100 richest towns in America 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. 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. As of the 2020 census, the population was 1,710. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. Top 25 Wealthiest Zipcodes in Connecticut - Zipdatamaps.com The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. But its worth it because Connecticut has some of the best opportunities for employment with the states overall unemployment rate holding steady with the national rate. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. If you can afford a mortgage, its the better way to go in Fairfield. The unemployment rate in this city is 10% and the poverty rate is 9.6%. Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. Norwalk, CT, USA 4. Use Next and Previous buttons to navigate. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. It is also one of the most expensive places to live in the country, with a median home value of $1,051,014. Rich people not your cup of tea? 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. Were just going to leave this right here. There are many things to do including going to the beach and shopping at the local malls. It has a population of 27,141. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. 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. 2015-2023 Chasing Chains, LLC. (Infographic), What are the Highest Paying Jobs in Connecticut? So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? Her academic degrees include AA social Sci/BA English/MEd Adult Ed & Community & Human Resource Development and ABD in PhD studies in Indust & Org Psychology. If you want to live in Darian, youd better start saving. Its also home to some of the most expensive homes in the state. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. Redding, Connecticut, is a small city with a population of 9,110. The average adjusted gross income is $222,660. Keep reading. The town is full of greenery and offers residents a tranquil vibe. 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. Four of the top 20 are places in New York, including Brookville village. The town has attracted the rich and famous . Many of these towns are wonderful places to live due to their incredible verdant spaces and proximity to the city and ocean. 18 Top-Rated Small Towns in Connecticut | PlanetWare Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. Most Dangerous Neighborhoods in Washington DC. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. The 10 Richest Cities In Connecticut For 2023 - HomeSnacks Are you surprised by this list of the richest cities in Connecticut? Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. According to homes.com, Ridgefield is one of the most expensive places in Connecticut to buy a home. DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. Want to learn more about Westport? Related: The 10 Wealthiest Cities In California. The town has its own train station and airport called Sikorsky Memorial Airport that allows residents to travel easily to Manhattan by train or plane. Essex Village, CT Annual household income: $172,302, 12. Weston, CT Annual household income: 222,535, 3. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. The fourth wealthiest town in Connecticut is Old Greenwich. Located in Fairfield County, Darien residents have it all- pristine beaches, private Country Clubs and Yacht clubs, a charming downtown, and an easy train ride to NYC. Ridgefield, CT Annual household income: $206,560, 6. The average home value is $1,150,400. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. Only 16 states were represented in the top 100. The unemployment and poverty rates are 6.3% and 11.4% respectively. (Infographs), What are the Highest Paying Jobs in New Jersey? 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. In todays world of language everything has an acronym dreamed up by some marketing or English major who feels the need to make everything, Read More Tips on How to Use a HELOC To Buy Real EstateContinue, Tucked in between North America and South America, the 20 countries that make up Latin America cover an enormous range of landscapes, climates, cultures, and traditions. Stamford is a city in Fairfield County with a population of 14,499. West Hartford, CT Annual household income: $142,197, 14. 10. Download The Entire Connecticut Ranking Data. On this Wikipedia the language links are at the top of the page across from the article title. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. 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. All of this combines to make the local housing market expensive. The average commute time from home to work is 31 minutes. 9. What are the richest towns in Connecticut? - Vim Buzz Avon is the home of 1,206 entrepreneurs. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. With salaries like that, most residents are having no problem in keeping up with those monster mortgage re-payments. The 10 Most Expensive Places To Live In Connecticut For 2023 - HomeSnacks Certainly enough time to go to the beach after work for a picnic dinner by the water! Its capital is Hartford, and its most populous city is Bridgeport. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. The town is also known for having excellent public schools. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. Andreas Halvorsen - Net Worth: $6.3 Billion Andreas Halvorsen is a Norwegian billionaire businessman whose net worth of $6.3 billion makes him the 6th richest person in Connecticut. Home to over 136,309 people, Stamford is the richest city in Connecticut. Located in Fairfield County, Weston has a population of 10,354. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. West Simsbury, CT Annual household income: $109,590, 19. There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. Darien residents live a good work-life balance with an average commute time of 39 minutes. The 20 Worst Places to Live if you Have Arthritis in The U.S. Inflation-adjusted household income is one of the factors. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. 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. Look here. The 20 Best Places to Live with Low Humidity in the U.S. 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. Riverside also offers residents a quick commute into NYC. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. Its also home to the states only national historic site, Weir Farm. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. 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). Chris Kolmar has been in the real estate business for almost ten years now. Its also one of the wealthiest towns in Connecticut, with a median annual income per family of $180,057. You catch that vibe when you visit New Canaan, but its not cheap to live there. CT proposal causes confusion, concern. There are also several golf courses in town that draw a lot of people from around the world. Want to learn more about Old Greenwich? The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. The median home price in Essex was $651,000 in 2022. Riverside has a population of 8,843. The next town on this list is Wilton. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. And that makes living in the state expensive. The Easton School District offers many different programs including art, music, and sports. 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 states median household income is $79,043, which means that half of all households in the state earn above this amount and half earn below it. Visit Bloomberg for the full report. The unemployment rate is just 3.1%, with an average commute of 33 minutes. Westport is one of the wealthiest towns in Connecticut. 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.
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richest towns in connecticut