With 733 . This is our tenth time ranking the richest cities in Connecticut. 10 Wealthiest Towns in Connecticut (2023) - Suburbs 101 Southport is an affluent town in Connecticut. Want to learn more about Weston? This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. The median household income is $99,791, and the average home price is $672,000. 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! 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. 4.2% of public school students are eligible for free or reduced lunch, and test performance in the public schools for Redding is excellent. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. What is it like to live in Greenwich, CT. Newtown Borough is being credited as the richest town in the state of Connecticut. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. Among Connecticut cities and towns, the wealthiest are the big spenders Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. On the plus side, the median income of $190,227 is equally jaw-dropping. 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. It has a population of 27,141. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. 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. Fairfield County town is one of the most desirable places to live if you have the financial means. Head out on a fun getaway to these spots: Thank you! You catch that vibe when you visit New Canaan, but its not cheap to live there. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. The community is known for being tight-knit with safe streets, low unemployment rates, and top-notch schools. Its a city of high-earners who live the high life enjoying their private yacht and country clubs, with access to the citys pristine beaches. South Glastonburys Census results show a total of 2038 households in the town. Above is a fundraiser at the famous Glass House in New Canaan. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. To compiler their 2020 list of the 50 richest places, Bloomberg "evaluated inflation-adjusted household data for all U.S. locations with a minimum of 2,000 households (as defined by the Census), and ranked them based on average household income. Learn how your comment data is processed. What determines the overall wealth of a city? Want to learn more about Greenwich, CT? The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. Darian If you want to live in Darian, you'd better start saving. 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. The 10 Richest Cities in Connecticut - Money Inc Suburbs 101is an insiders guide to suburban living. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. Four of the top 20 are places in New York, including Brookville village. The first European settlement was established there in, Read More The 20 Best Places to Live in MassachusettsContinue, Already in the first quarter of 2016, vacation rental startup companies have attracted almost $100 million in investments across the United States and Europe. 9. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. Wilton, CT Annual household income: $193,292, 9. The average household income in Woodbridge is $96,919, and the median home price is $595,000. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. 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. 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. 4 CT towns make list of 100 richest towns in America Some work at private companies and governmental institutions. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. COS COB, CT Annual household income: $136,261, 17. Property values are high, the median sales price is $1,029,000. 96% of the residents are homeowners with a median home value of $868,200. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. You're Really Wealthy If You Live In One Of These 6 CT - Patch 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. West Hartford, CT Annual household income: $142,197, 14. 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. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Read More The 20 Safest Places To Live in TennesseeContinue, If you dont know what a HELOC is, dont feel stupid. As of the 2020 census, the population was 1,710. The town also boasts one of the best school systems in all of Connecticut! DiscoverNet | The 10 Richest Cities in Connecticut The median income in this city is $81,634. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . Essex Village, CT Annual household income: $172,302, 12. 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. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. The chart below shows the most common races living in the richest cities in Connecticut: 81.94% White 6.79% Hispanic 5.95% Asian 3.30% Two or more races 1.63% Black/African American 0.33% Other 0.07% Native 0.01% Hawaiian/Pacific Islander This shows that the most common race across the richest cities in Connecticut is "White". The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. Fairfield. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. HomeSnacks is reader-supported. Ridgefield offers something for everyone from great schools to recreation for the whole family. 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. 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. 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. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. 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. >> Click through to see how each CT spot ranked as well as each household income average. In terms of per capita income, Connecticut is the richest state in the United States of America. The town is full of greenery and offers residents a tranquil vibe. The median household income in New Canaan is $214,977. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. All in all, Riverside is a town that offers a great quality of life to its citizens. Living in New Canaan is like being surrounded by family. Southports location near New York City also makes it attractive for commuters working there. The unemployment and poverty rates are 6.3% and 11.4% respectively. 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. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. 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. Its an Upper-Middle-Class town with a median household income of just under $141K. 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. This Is The Richest Town In Connecticut | iHeart In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. This time the list is from Bloomberg. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. There are also several golf courses in town that draw a lot of people from around the world. What are the richest towns in Connecticut? - Vim Buzz Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Rich people not your cup of tea? 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. Its one of the areas wealthiest communities, with the median annual household income at over $215k. Hoping for a glimpse at some of those gorgeous views for which this town is known? This site uses Akismet to reduce spam. As one of the Nutmeg state's oldest towns, it also represents one of the richest. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. If you dream of the quiet life, its ideal. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Riverside residents live a good work-life balance with an average commute time of 37 minutes. Below is a list of the wealthiest towns in Connecticut. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. the average home value is $1,471,700. The unemployment rate in this city is 10% and the poverty rate is 9.6%. Its also home to the states only national historic site, Weir Farm. People who live and work in Easton have a slightly higher income level. Fairfield County is very close to New York City. Its median income is $58,717. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. Gold Coast (Connecticut) - Wikipedia 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 the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. The median home value is steep at $1,382,800 for 2022. It has a population of 27,141. If you want to live in Darian, youd better start saving. Another one of the richest towns in Connecticut is Weston. The third on the list is Westport. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. However, if you want to experience a slower rhythm of life in one of the richest towns in Connecticut, youll need to be prepared to pay up, as home prices are costly. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. Southport has a long history as a summer resort and residential community. A CT bill would expand it fur, Is CT recycling going into the trash? It has a population of 33,900 residents. When Does a Seller Get Their Money After Closing on a House? Get the inside scoop on what its really like to live in the suburbs through our interviews with local suburbanites and features on Food, Fashion, Home, Garden, Travel, Pets, Real Estate and Local Events. 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. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. 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. Darian is on Long Island Sound and offers waterfront property for sale and for rent. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. West Simsbury, CT Annual household income: $109,590, 19. The 10 Richest People in Connecticut - Money Inc The high demand is getting harder to find places for sale. Stamford is a city in Fairfield County with a population of 14,499. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. 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? The median home price in Essex was $651,000 in 2022. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. Shelton places in the number two spot with a median income of $87,277. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. The town has the highest percentage of residents who are wealthy, at about 30 percent. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. Fairfield, CT Annual household income: $139,122, 16. Westport is in the top five most affluent cities in Connecticut for 2022. In fairness, you do get a lot of return for your investment. People love to enjoy life and share it with family, friends, and neighbors. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. The average price of a home is $611,500, nearly three times the national average. 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. Weston is in Fairfield County. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. Look here. The average home price in town is $780,000. New Cannan, CT Average household income: $200,203.00 Living in New Canaan is like being surrounded by family. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. Its also home to some of the most expensive homes in the state. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. 14 Richest Towns in Connecticut (2022) | PropertyClub COS COB is a Fairfield county city that extends to the border of the Stamford city limits. New Canaan has a small-town feel with big-city amenities. 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. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. What makes some cities more prosperous than others? The median household income is just over $190K per year. With a median household income just shy of a quarter-million a year, Darian is an exclusive place to live. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. 87% of the residents own their homes, and just 13% rent. 4 CT towns make list of 100 richest towns in America - News 12 Networks We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. Depending on individual tastes, personal circumstances, and the stage of life a person is at, everyone has different criteria in terms of what makes a great place to live. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. The median sales price of homes in Riverside is $834,000. The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. Wealthiest Towns in CT Final - Suburbs 101 It is an affluent community that has a population of 20,622 individuals, and the majority of its residents, 80.1%, have completed at least a bachelors degree. 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. Theres a reason this state is one of the richest in the country. (and lowest paying jobs). The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. Isn't it grand to see Granby here in the top ten safest places 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. If you thought that renting would help cut costs to a more reasonable level, think again according to Niche, the average cost of renting a home in this exclusive little city is over twice the national average at $2,469. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. 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. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Connecticut - Wikipedia The community is predominantly white at 75.45% but is becoming more ethnically diverse than some of its neighboring towns, with a public school demographic of 68.9% white students.
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