Theres a reason this state is one of the richest in the country. This site uses Akismet to reduce spam. The median household income in New Canaan is $214,977. It's also home to the state's only national historic site, Weir Farm. Southports location near New York City also makes it attractive for commuters working there. Norwalk, CT, USA 4. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. This Is The Wealthiest Town In Connecticut 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. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. 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? Education Levels 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. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. As the name implies, Southport is a port city that is situated on the coast. All rights reserved. Zip Data lists West Hartford as one of the 20 richest cities in the state. Despite its high per capita income, Connecticut is mainly a middle-class state. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. The median income in this city is $81,634. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. West Hartford, CT Annual household income: $142,197, 14. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. 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. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. 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. The crime rate in this town is also very low with only 5% of residents reporting that they had been victims of crime during the last year. The median home value in Easton is over $772,758 making it one of the most expensive places to live in Connecticut. Its among the top ten. The city has grown over the past decade, increasing from 8,223 residents to 9,110. Visit Bloomberg for the full report. A CT bill would expand it fur, Is CT recycling going into the trash? 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. The 10 Richest People in Connecticut - Money Inc Ned Lamont and General Assembly leaders to to focus on offsetting a potential property tax Armageddon. The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Westport, CT Annual household income: $222,535, 4. 6. It has a population of 27,141. Fairfield is one of the richest towns and among the best places to live in Connecticut. The second wealthiest town in Connecticut is Riverside. Until the federal government takes its regulatory role seriously and uses the big stick that it has, corporations will attempt to self-regulate M&T urged to end 'banking desert' in Bridgeport neighborhoods, 'Candlewood' horror movie drops trailer inspired by local urban legends, Four Fairfield businesses fail February health inspections, Warrant: Ex-New Fairfield 'lunch lady' sent nude images to student on Snapchat for months before sex assault, Police make up 19 of Trumbull's top 20 highest paid employees, Former CT girls soccer coach pleads guilty to sexually assaulting player, Bridgeport man broke into Norwalk homes while families slept inside, warrants said, The Best Private High Schools Near Stamford, The Best Private Preschools Near New Haven, Guide to Legal Cannabis Dispensaries in CT, Why CT waits for $95 million from OxyContin maker Purdue Pharma, HUSKY Health is helping immigrants. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. Dariens median home value is $1,654,00. 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). COS COB, CT Annual household income: $136,261, 17. The communities in this city are close, and they love to sponsor community events for the residents and visitors. 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. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. West Simsbury, CT Annual household income: $109,590, 19. Is Connecticut still the richest state in the nation? Barely 87% of the residents own their homes, and just 13% rent. When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. The average home price in Old Greenwich is $1.8 million. The streets are safe, and the schools are highly rated. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. Most Dangerous Neighborhoods in Washington DC. What Is The Richest Town In Fairfield County? - PartyShopMaine Rich people not your cup of tea? (and lowest paying jobs). Riverside Profile Page with Infographics. Weston is in Fairfield County. Easton has excellent schools both public and private schools are available. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. Fairfield County town is one of the most desirable places to live if you have the financial means. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. 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. 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. Its safe, with a low crime rate. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Its one of the areas wealthiest communities, with the median annual household income at over $215k. 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 town is full of greenery and offers residents a tranquil vibe. Most homes were built in 1965 when the community saw its largest growth spurt. Just 16% of the homes are rentals. Most websites that report demographics for Connecticut list Darian, as the richest city in the state, but World Population confirms that Southport jumped into the number one spot with an incredible average household income of $310,831. As at 2019, Connecticut had a per capita income of $44,496. They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. Fairfield is a moderate-sized city in Fairfield County. It has a population of 33,900 residents. 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. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. 91.82% of the Population is white, with 87.8% white students in the public school system. The median household income at Cos Cob is $138,125. Connecticut towns make Bloomberg list of richest places The most charming small towns in Connecticut are perfect for a day trip or a new home. Wealthiest Towns in CT Final - Suburbs 101 The high demand is getting harder to find places for sale. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. Top 10 Richest Cities in Connecticut 2023 - namecensus.com America's millionaires are flocking to smaller cities. Take a look at 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. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Connecticut - Wikipedia Its median income is $58,717. Most of the townspeople hold bachelors degrees or higher. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. The median sales price of homes in Riverside is $834,000. If you choose to rent an apartment, expect to pay an average of $1,866 monthly. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. Get more stories delivered right to your email. Despite its small size, it is home to 18,932 people. 9. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. This site uses Akismet to reduce spam. The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. The rankings are based on income and home value. The crime rate is practically non-existent, the median income is a stonking $139,122, the schools are some of the best in the state, and despite its relatively small size, it has a huge selection of restaurants, shops, cafes, and recreational venues to enjoy. The unemployment rate is 3%, which beats the state average by 4.1%. People who live and work in Easton have a slightly higher income level. In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. To see the other wealthy places that made this list, take a look below. Home to over 136,309 people, Stamford is the richest city in Connecticut. In 2018, the average household income in its Old Greenwich. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . 20% of the residents pay rent, with 80% owning their homes. Expensive homes and big salaries arent the only things the population of this small city get to enjoy: with New York City just a stones throw away, a close-knit community, prestigious schools, safe streets, and plenty of green areas, its every bit as desirable as it is wealthy. Name Census collected information for the past five years and breaks the average income levels by age group. Want to learn more about Old Greenwich? She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. 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. Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. All Rights Reserved. By Joselynn Chua / February 27, 2023. Head out on a fun getaway to these spots: Thank you! And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. Old Greenwich is home to some of the wealthiest Connecticut residents. Riverside also offers residents a quick commute into NYC. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. The fourth wealthiest town in Connecticut is Old Greenwich. Feel free to check out some more reading about Connecticut: Population: 40,944Rank Last Year: 1 (No Change)Median Income: $103,647Unemployment Rate: 5.0%Poverty Rate: 6.0%More on Shelton: Real Estate|Photos, Population: 50,694Rank Last Year: 2 (No Change)Median Income: $97,951Unemployment Rate: 5.6%Poverty Rate: 4.1%More on Milford: Real Estate|Photos, Population: 134,820Rank Last Year: 3 (No Change)Median Income: $99,791Unemployment Rate: 5.5%Poverty Rate: 9.4%More on Stamford: Real Estate|Photos, Population: 31,586Rank Last Year: 4 (No Change)Median Income: $86,900Unemployment Rate: 6.1%Poverty Rate: 4.9%More on Naugatuck: Real Estate|Photos, Population: 60,733Rank Last Year: 5 (No Change)Median Income: $73,604Unemployment Rate: 5.9%Poverty Rate: 8.9%More on Bristol: Real Estate|Photos, Population: 86,197Rank Last Year: 7 (Up 1)Median Income: $74,600Unemployment Rate: 6.0%Poverty Rate: 10.6%More on Danbury: Real Estate|Photos, Population: 90,821Rank Last Year: 6 (Down 1)Median Income: $91,434Unemployment Rate: 6.6%Poverty Rate: 9.7%More on Norwalk: Real Estate|Photos, Population: 47,164Rank Last Year: 8 (No Change)Median Income: $67,485Unemployment Rate: 5.6%Poverty Rate: 11.2%More on Middletown: Real Estate|Photos, Population: 40,020Rank Last Year: 9 (No Change)Median Income: $59,791Unemployment Rate: 6.1%Poverty Rate: 10.6%More on Norwich: Real Estate|Photos, Population: 55,518Rank Last Year: 12 (Up 2)Median Income: $66,868Unemployment Rate: 8.7%Poverty Rate: 11.8%More on West Haven: Real Estate|Photos.
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