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 most charming small towns in Connecticut are perfect for a day trip or a new home. It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. List of Connecticut locations by per capita income - Wikipedia So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. With a median household income of $1,471,700, this is no place for people on a shoestring budget. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. If you can afford a mortgage, its the better way to go in Fairfield. However, the average house prices range from $1,5 million to $3 million. Avons diversity rate is better than most of its neighboring communities. What are the richest towns in Connecticut? - Vim Buzz The average age of residents is between 56 to 57 years, with a white demographic of 89.65%, 5.26% for people claiming mixed race ethnicity, 3.57% African American and 1.54% Asian American. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. Darian, CT Annual household income: $232,523, 1. Easton has a thriving downtown area with many restaurants, shops, and entertainment options. 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. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. The climate is better for persons with allergies, asthma, and other respiratory conditions. Easton has excellent schools both public and private schools are available. 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. 2015-2023 Chasing Chains, LLC. Most of the townspeople hold bachelors degrees or higher. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. America's wealthiest people are starting to move into smaller cities, a new wealth report says. 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. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses. Property values are high, the median sales price is $1,029,000. Darien residents live a good work-life balance with an average commute time of 39 minutes. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. And that makes living in the state expensive. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. The 20 Richest Towns in Connecticut - moneyinc.com The median household income is $99,791, and the average home price is $672,000. The median household income in New Canaan is $214,977. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. Darien Profile Page with Infographics. Theres a reason this state is one of the richest in the country. However, depending on the neighborhood, you can also find more affordable housing. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. Besides these, Colorado has ongoing employment opportunities in aviation,, Read More The 10 Cheapest Places to Live in ColoradoContinue. Connecticut - Wikipedia All in all, Riverside is a town that offers a great quality of life to its citizens. Ned Lamont and General Assembly leaders to to focus on offsetting a potential property tax Armageddon. 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. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. HomeSnacks is reader-supported. This Is The Wealthiest Town In Connecticut Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. 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. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. Use Next and Previous buttons to navigate. The Population is 8,843 in this close-knit community. (Infographic), What are the Highest Paying Jobs in Connecticut? You're Really Wealthy If You Live In One Of These 6 CT - Patch Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . 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. 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. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. Contact: nclunan@onlyinyourstate.com, The Cafeteria With Some Of The Best Home-Cooked Food In Connecticut, See Mermaids In Real Life Right Here in Connecticut At The Mystic Aquarium, This Rustic Restaurant In Connecticut Serves Up Heaping Helpings Of Country Cooking, The Terrifying, Deadly Plane Crash In Connecticut That Will Never Be Forgotten, Here Are The 8 Poorest Cities In Connecticut, Here Are The 10 Cheapest Yet Great Places To Live In Connecticut, The 9 Most Dangerous Cities in Connecticut, Here Are The 9 Most Dangerous Places In Connecticut After Dark, Whittemore Glen State Park in Naugatuck, Connecticut, Bluff Point State Park in Groton, Connecticut. We analyzed 21 places in Connecticut to determine where the 1% live. Weston is one of the richest towns in Connecticut with a median household income of $207,863. It is also one of the most expensive places to live in the country, with a median home value of $1,051,014. 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. Isn't it grand to see Granby here in the top ten safest places in Connecticut. 78% of them have at least a bachelors degree. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. The town has over 120 acres of open space and over 1,000 acres of parkland. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. Unexpectedly, after looking at the median income of residents, along with poverty levels and unemployment rates, we found that wealth is spread throughout the state. Above is a fundraiser at the famous Glass House in New Canaan. The schools are among the best in the state, making them the ideal place to raise a family. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. The second wealthiest town in Connecticut is Riverside. 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. There are many things that families love about living in Wilton including its great school system, safe neighborhoods, and access to shopping centers. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. Darian is on Long Island Sound and offers waterfront property for sale and for rent. With its quaint downtown, beautiful homes, and friendly people, its no wonder that Ridgefield was named one of the top 100 small towns in America by Money magazine! The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. Old Greenwich has a population of 6,962 and a median household income of $222,794. You catch that vibe when you visit New Canaan, but its not cheap to live there. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. If you're looking for a fun day trip, you will really enjoy, The city of Bristol with a population of 60,437 is ranked number seven. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. Its capital is Hartford, and its most populous city is Bridgeport. It is a very safe town surrounded by greenery. Safest Cities In Connecticut (Updated For 2021) - HomeSnacks Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. If you plan to rent in the city, plan on paying double the national average as apartments and homes go for $2,469 per month. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. 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. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Want to learn more about Weston? 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. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. Renters pay an average of $1,361 per month. Only 16 states were represented in the top 100. Four of the top 20 are places in New York, including Brookville village. Darians median home value sits at around $1.7M thats more than double the national average. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. 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. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. The unemployment and poverty rates are 7.9% and 8.5% respectively. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Easton, CT Annual household income: $166,875, 13. 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.. The Most Affluent, Richest, High-Income Places in the US Learn how your comment data is processed. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". What you might love just a little less is how excruciatingly expensive it is to live here although theres an (admittedly very small) selection of housing options on the reasonable end of the spectrum, there are enough hugely expensive properties to push the median home value to a whopping $1,355,800. Connecticut - Forbes COS COB is a Fairfield county city that extends to the border of the Stamford city limits. The town center village is listed as a historic district on the National Register of Historic Places. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Another one of the richest towns in Connecticut is Weston. Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. Name Census collected information for the past five years and breaks the average income levels by age group. The median sales price is residential sales data for 12 month period ending January 2023. What is it like to live in Greenwich, CT. Wealthiest Towns in CT Final - Suburbs 101. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. Youll find parades, festivals, and occasional pop-up art exhibitions. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. Its a great place to raise kids, with top-rated schools and safe streets. When you click through real estate links on our site, we earn an affiliate commission. Not to mention, if youre looking to get your kid into a university that produces more millionaires than the Connecticut Lottery, theres the University of Connecticut in Storrs and Yale University in New Haven. Connecticut towns make Bloomberg list of richest places, Owner of Tm brings authentic Mexican cuisine, art to Fairfield, St. Patrick's Day food and drink menus, parties around CT, Connecticut Magazine's 25 Most Romantic Restaurants in CT. Every year, Connecticut Magazine asks readers and experts for the state's best dining spots. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. Related: The 10 Wealthiest Cities In California. This Is The Richest Town In Connecticut | iHeart If you plan to buy a home in the city, the median home value is $330,100. With an average home price of $641,500, mortgage payments here are no laughing matter although when you factor in the $157,448 median income, they suddenly get a lot more reasonable. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. The result? Bloomberg reports that in Atherton, "the cheapest house on the market is currently listed for $2.5 million, according to real estate marketplace Zillow.com. The largest city in Litchfield County, Torrington, grabs the number eight spot. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. What is it like to live in Greenwich, CT? 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. Want to learn more about Darien? Read on to discover the 14 richest towns in Connecticut in 2022. Fairfield County towns have made yet another list of the richest places in the U.S. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. Zip Data lists West Hartford as one of the 20 richest cities 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. Want to learn more about Old Greenwich? Demographic studies show that 81.64% of the residents are white; however, only 42.4% of the children in the public schools are white, suggesting that the city is starting to diversify its demographic Population. 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. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. After all, rich people have really high salaries. Its a desirable place to live if you can afford the costs. 6. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. The town is also known for having excellent public schools. Chris Kolmar has been in the real estate business for almost ten years now. All of these towns are located not too far east of Greenwich . Milford, CT - HomeSnacks 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? From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. 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. How Much Are Closing Costs in Texas & Who Pays Them. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . In 2010, communities got $74 million or just 28 percent of the $264 million they lost on state property, according to the Connecticut Conference of Municipalities. Source: US Internal Revenue Service - 2018. 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. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. The average home value is $1,150,400. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Most of the residents have gainful employment with high-paying jobs. There are also several golf courses in town that draw a lot of people from around the world. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. 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. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. Westport is in the top five most affluent cities in Connecticut for 2022. The average home price in Old Greenwich is $1.8 million. 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. Save my name, email, and website in this browser for the next time I comment. 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 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. It's also very well educated, with over half of its residents having a college degree. 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. Want to learn more about Greenwich, CT? Below is a list of the wealthiest towns in Connecticut. When Does a Seller Get Their Money After Closing on a House? There is a good reason that Norwalk was listed as one of the best places to live in America. 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". It has a population of 27,141. With a median household income just shy of a quarter-million a year, Darian is an exclusive place to live. Darien has a population of 21,499. According to Wikipedia, Granby is a rural town, located in the foothills of the Litchfield Hills of the Berkshires, besides the suburban natured center, the outskirts of town are filled with dense woods and rolling hills and mountains. 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. The 20 Worst Places to Live if you Have Arthritis in The U.S. Greenwich is another of the wealthiest towns in Connecticut. 20. Its a great place for families and young professionals to live. Redding, Connecticut, is a small city with a population of 9,110. 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 Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. In fairness, you do get a lot of return for your investment. The average household income in Woodbridge is $96,919, and the median home price is $595,000. A relatively small town, it offers the opportunity of doing great outdoor activities. The average adjusted gross income is $222,660. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. 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. Learn how your comment data is processed. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1.