richest towns in connecticut
Although the town only has 6,754 residents, the median income per capita is $91,618, which is well above the average median income in the US. 20% of the residents pay rent, with 80% owning their homes. Old Greenwich is home to some of the wealthiest Connecticut residents. With a median income of $59,522, Naugatuck took ninth place. 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. Related: The 10 Wealthiest Cities In California. Old Greenwich residents live a good work-life balance with an average commute time of 38 minutes. Were just going to leave this right here. Its a desirable place to live if you can afford the costs. For example, those with families may, Read More The 20 Best Places to Live in OklahomaContinue, Austin, Texas is a thriving city that appeals to people from all walks of life. Fairfield County town is one of the most desirable places to live if you have the financial means. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. Read on to discover the 14 richest towns in Connecticut in 2022. Fairfield County is very close to New York City. What is it like to live in Greenwich, CT. The median income in this city is $81,634. 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. 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. Home to over 136,309 people, Stamford is the richest city in Connecticut. 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. As one of the Nutmeg state's oldest towns, it also represents one of the richest. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. If youre in the market for a decently sized family home, dont expect to get much change from $1,283,146 a staggering amount, even by Connecticuts standards. So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? HomeSnacks is reader-supported. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. 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 Milford grabbed the top place in this list of richest cities. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. 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 also far below the national average rate of 3.9%. 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. Want to learn more about Old Greenwich? Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. 6. Shelton has an extremely successful economy, with the 2nd lowest poverty level and lowest unemployment rate in Connecticut, at 5.4% and 4.9% respectively. 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. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. 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. 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. If you choose to rent an apartment, expect to pay an average of $1,866 monthly. Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Westport was third in the state, and no. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. 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. 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. Fairfield County is very close to New York City. It has a population of 27,141. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Woodbridge, CT Annual household income: $205,541, 7. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. It's also home to the state's only national historic site, Weir Farm. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. Located in Fairfield County, Weston has a population of 10,354. According to homes.com, Ridgefield is one of the most expensive places in Connecticut to buy a home. We analyzed 21 places in Connecticut to determine where the 1% live. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. With its safe streets, world-class schools, plentiful amenities, and tempting $163,945 median income, its a great place to call home if your bank balance meets the challenge. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. If you can afford a mortgage, its the better way to go in Fairfield. In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. The third on the list is Westport. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. 10. You'll receive your first newsletter soon! 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. Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. On the plus side, the median income of $190,227 is equally jaw-dropping. Theres a reason this state is one of the richest in the country. Its also one of the wealthiest towns in Connecticut, with a median annual income per family of $180,057. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. In the last year, its got even wealthier thanks to the influx of wealthy Wall Street types that have abandoned Covid stricken New York for the attractions of this exclusive enclave according to Business Insider, over 1300 of them have made the move since the pandemic started. Old Greenwich enjoys a low crime rate and excellent public schools. The most charming small towns in Connecticut are perfect for a day trip or a new home. California was the most represented with 23 cities and towns making the list. The Population is 8,843 in this close-knit community. In terms of per capita income, Connecticut is the richest state in the United States of America. 1. The current Population is 2,601, with an annual growth rate of 0.35%. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. If you dream of the quiet life, its ideal. 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. Counties [ edit] Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. Easton, CT Annual household income: $166,875, 13. Its smaller than Ridgefield but slightly more affluent. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. In fairness, you do get a lot of return for your investment. Get more stories delivered right to your email. It has a population of 27,141. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. West Hartford, CT Annual household income: $142,197, 14. The town also boasts one of the best school systems in all of Connecticut! The median household income is just over $190K per year. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. 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. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. Darian, CT Annual household income: $232,523, 1. Easton has excellent schools both public and private schools are available. With a population of 20,622 inhabitants, the average income per household is $145,244. The 20 Worst Places to Live if you Have Arthritis in The U.S. Want to know where Connecticuts 17 billionaires and 122,000 millionaires live? Her works have been featured on Good Housekeeping,Next Luxury,Wanderlog,NurseJournal,NewsBreak,ThaiWare,and Yahoo. The unemployment rate is 8.0% and the poverty rate is 8.9%. The average home value is $1,150,400. In 2018, the average household income in its Old Greenwich. 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. . Related: The 10 Wealthiest Cities In Missouri. South Glastonbury is a small town with a growing population ranging from 4848 to 5651. 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. Its capital is Hartford, and its most populous city is Bridgeport. Ridgefield offers something for everyone from great schools to recreation for the whole family. Save my name, email, and website in this browser for the next time I comment. Only 16 states were represented in the top 100. 22 overall, with average household income at $270,222. 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". With a median household income of $1,471,700, this is no place for people on a shoestring budget. All of this combines to make the local housing market expensive. Despite its small size, it is home to 18,932 people. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. A CT bill would expand it fur, Is CT recycling going into the trash? 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! Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. 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. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. Another one of the richest towns in Connecticut is Weston. The town has the highest percentage of residents who are wealthy, at about 30 percent. Learn how your comment data is processed. However, it is true that overall, the Nutmeg State is richer than most. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. The average family home retails for a massive $611,500, almost three times the . School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. Old Greenwich Profile Page with Infographics. The median home price in Essex was $651,000 in 2022. 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. The average price of a home is $611,500, nearly three times the national average. By Joselynn Chua / February 27, 2023. In fairness, the high prices arent unjustified. Its not difficult to find a home to buy or rent, as there are 3,122 homes in the town, with just 2,935 currently occupied. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. Youll find parades, festivals, and occasional pop-up art exhibitions. 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 Simsbury, CT Annual household income: $109,590, 19. Wilton, CT Annual household income: $193,292, 9. When you click through real estate links on our site, we earn an affiliate commission. 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. 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. 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. 1. Westport, CT Annual household income: $222,535, 4. There are also several public parks located throughout Fairfield that offer great recreational opportunities such as tennis courts, baseball fields, basketball courts, and playgrounds for kids! The town has attracted the rich and famous . (Infographic), What are the Highest Paying Jobs in Connecticut? Its in Hartford County. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. Easton is a great place to raise a family because it has a good school system. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. Shelton places in the number two spot with a median income of $87,277. According to Area Vibes, the cost of living in Westport is 82% higher than the Connecticut average. Living there isnt cheap, though. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. The financial news and opinion site 24/7 Wall St . Jobs are plentiful in the city with a population of 7,453. The average commute time from home to work is 31 minutes. Darian is on Long Island Sound and offers waterfront property for sale and for rent. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . What are the richest towns in Connecticut? It has a great location, close to major highways and a short drive from New York City. DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. Old Greenwich has a population of 6,962 and a median household income of $222,794. The unemployment rate, as of 2022, is 3.3%, far lower than the state unemployment rate of 4.1%. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. 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. Only 4% of the homes in the community are available for rent. It has an average household income of $234,152 and 6,611 residents. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. 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. The average commute time from home to work is 35.7 minutes. The median home value is $766,900, making it more affordable than some other affluent communities. There are also many beautiful parks and green spaces throughout town. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. This site uses Akismet to reduce spam. It is a very safe town surrounded by greenery. Besides these, Colorado has ongoing employment opportunities in aviation,, Read More The 10 Cheapest Places to Live in ColoradoContinue. If more people are employed, the richer the future looks. 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. You can find out more about him on LinkedIn or his website. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. 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. Darian If you want to live in Darian, you'd better start saving. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. The communities in this city are close, and they love to sponsor community events for the residents and visitors. Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. The streets are safe, and the schools are highly rated. 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. Use Next and Previous buttons to navigate. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Darien residents live a good work-life balance with an average commute time of 39 minutes. Westport is in the top five most affluent cities in Connecticut for 2022. West Simsbury has 151,104 residents as of 2022. Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. New Cannan, CT Average household income: $200,203.00, 8. What determines the overall wealth of a city? This site uses Akismet to reduce spam. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. 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. The average home price in town is $780,000. On this Wikipedia the language links are at the top of the page across from the article title. The 10 Wealthiest Neighborhoods in San Francisco, median household income of nearly $243,750, The 10 Wealthiest Cities In North Carolina, median household income in Wilton is $204,473, population of just over 20,249 (2020) people, median home value in Easton is over $772,758, The 10 Richest Cities in Michigan Based on Median Income, The 10 Richest Neighborhoods in New York City, The 10 Wealthiest Cities in Georgia Based on Median Income, The 10 Wealthiest Cities in California Based on Median Income, The 10 Wealthiest Cities in Illinois Based on Median Income, The 10 Wealthiest Cities in Missouri Based on Median Income, The 10 Wealthiest Cities in North Carolina Based on Median Income, The 10 Wealthiest Cities in Maryland Based on Median Income.
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