richest towns in connecticut

Its capital is Hartford, and its most populous city is Bridgeport. Renters pay an average of $1,361 per month. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Wealthiest Towns in CT Final - Suburbs 101. America's wealthiest people are starting to move into smaller cities, a new wealth report says. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. In Old Greenwich, homes are primarily owner-occupied (84%) and only 16% of homes in Old Greenwich are rentals. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. Darians median home value sits at around $1.7M thats more than double the national average. Weston Profile Page with Infographics. However, we dont believe that one statistic wholly encompasses what it means to be one of the richest places. 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 20 most affluent places, based on places with available data, all had household incomes above $485,000. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. Liz loves the process of researching information, learning new things, and putting into words . 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. If you choose to rent an apartment, expect to pay an average of $1,866 monthly. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. 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. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. 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 also has a number of highly rated public and private schools, which can be a major plus for families with children. 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. Old Greenwich has a population of 6,962 and a median household income of $222,794. If you love the outdoors, check out the beautiful. 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. 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 town has a high concentration of people from New York City who commute to work here by train or car. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. Fairfield offers many different types of housing options including condos, apartments, townhomes, and single-family homes. Avon, CT Annual household income: $187,080, 10. Westport was third in the state, and no. Darien is one of the wealthiest towns in Connecticut. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. Related: The 10 Wealthiest Cities In California. Darian If you want to live in Darian, you'd better start saving. Riverside also offers residents a quick commute into NYC. 10. The 2010 Census revealed a growth from 6.751 residents to 7,150, showing that the town is gaining its population base. Darien residents live a good work-life balance with an average commute time of 39 minutes. Newtown Borough is being credited as the richest town in the state of Connecticut. Connecticut is the wealthiest state in the United States of America in terms of per capita incomes and wealth. Hoping for a glimpse at some of those gorgeous views for which this town is known? 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. The third on the list is Westport. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. We begin our exploration of the best places to live in Connecticut for 2022 with Shelton, a city of 41,162 located between Bridgeport and New Haven. Old Greenwich Annual household income: $222,794, 2. 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. Greenwich is another of the wealthiest towns in Connecticut. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. Living there isnt cheap, though. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. The median income is $80,896. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. Avon is the home of 1,206 entrepreneurs. The average commute time from home to work is 31 minutes. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. Stamford is a city in Fairfield County with a population of 14,499. 2015-2023 Chasing Chains, LLC. A CT bill would expand it fur, Is CT recycling going into the trash? Atherton, CA topped the list. The town has attracted the rich and famous . There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. Four of the top 20 are places in New York, including Brookville village. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. Isn't it grand to see Granby here in the top ten safest places in Connecticut. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. The median home price in Essex was $651,000 in 2022. 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. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. Want to learn more about Westport? Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. Learn how your comment data is processed. With a median household income of $1,471,700, this is no place for people on a shoestring budget. As of the 2020 census, the population was 1,710. A relatively small town, it offers the opportunity of doing great outdoor activities. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. You catch that vibe when you visit New Canaan, but its not cheap to live there. The average home value is $1,150,400. Many of these towns are wonderful places to live due to their incredible verdant spaces and proximity to the city and ocean. The rankings are based on income and home value. Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. The small community has a population of 7,586 residents. 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. Its smaller than Ridgefield but slightly more affluent. Its a great place for families and young professionals to live. The schools are among the best in the state, making them the ideal place to raise a family. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. Its also very well educated, with over half of its residents having a college degree. Let's go! Stamford Wikipedia/John Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. 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. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. 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. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. Wilton, CT Annual household income: $193,292, 9. Its also home to some of the most expensive homes in the state. Not all of the countries have a great reputation, Read More The 20 Best Places to Live in Latin AmericaContinue, There are quite a few reasons why people choose to live in areas that have low humidity. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. Westport is one of the wealthiest towns in Connecticut. With a median income of $59,522, Naugatuck took ninth place. 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? Fairfield County town is one of the most desirable places to live if you have the financial means. This site uses Akismet to reduce spam. 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. 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 next richest town in Connecticut is Ridgefield. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. South Glastonbury, CT Annual household income: $135,596, 18. The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. 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 median sales price is residential sales data for 12 month period ending January 2023. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. 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. Want to learn more about Old Greenwich? The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. This time the list is from Bloomberg. 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. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. Just 16% of the homes are rentals. There are many things to do including going to the beach and shopping at the local malls. Greenwich is synonymous with luxury real estate and wealth. The city deserves its spot on the list as its well above the average US income. This affluent community is the home of 18,410 residents with an average age of 45 years, with slightly more females than males. Weston has been named one of the best places to live by Money Magazine, and it has consistently been ranked as one of the safest towns in Connecticut. 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. View Map of 25 Poorest Zipcodes in Connecticut. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. The bright side? Fairfield is a moderate-sized city in Fairfield County. 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. You'll receive your first newsletter soon! The town is also known for having excellent public schools. (Infographic), What are the Highest Paying Jobs in Connecticut? Related: The 10 Wealthiest Cities In New York. There's 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. 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. 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. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. Most Expensively 2023. Wilton is surrounded by nature, offering many activities that are perfect for children and encouraging a healthy lifestyle. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. 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. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. Southports location near New York City also makes it attractive for commuters working there. The median household income at Cos Cob is $138,125. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. In a city with a population of 52,005, the median income came in at $81,971. The local school system is also amongst the best in the state. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. The oldest towns in Connecticut are perfect places to visit for those who love learning about history. As the name implies, Southport is a port city that is situated on the coast. Norwalk, CT, USA 4. 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. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. 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. West Simsbury, CT Annual household income: $109,590, 19. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. Fairfield County is very close to New York City. The town is partly in Hartford County, with some areas in Middlesex County. The median home value is $766,900, making it more affordable than some other affluent communities. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. Westport is a very desirable place to live as it ranks highly for safety. A Bloomberg report is out on the 100 richest towns in America, and four towns in Connecticut made the list. Grace Duffield / Hearst Connecticut Media file photo Test performance scores in public schools are above average, slightly lower than in Ridgefield. The town center village is listed as a historic district on the National Register of Historic Places. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Shelton places in the number two spot with a median income of $87,277. 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. Some haulers caught, Arming guidance counselors? Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. 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. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. 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. This year we asked our panel of experts to give some extra love to those restaurants where amore is on Nathan Spotts/Lauren Kinkade / Contributed Photo, Tyler Sizemore / Hearst Connecticut Media, Photos courtesy of William Pitt Sotheby's International Realty, H John Voorhees III / Hearst Connecticut Media, 2023 Hearst Media Services Connecticut, LLC, Just Salad restaurant celebrating grand opening in Fairfield, CTs Beardsley Bart makes his annual Groundhog Day prediction, Penny's Diner closes its Fairfield location after 40 years, Ppin, Sarandon talk food, joy of Rice Krispies at live CT show, New soul food restaurant, Everybody Eatz, opens in Bridgeport, Fairfield fried chicken restaurant Lovebird closes, CT Girl Scouts try to publish climate book after DiCaprio tweet, 29 Markle Ct, an upscale new American restaurant, now open, Carl Anthony Trattoria in Monroe relocating after 25 years, Manna Toast in Westport announces closing by year's end.

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