Woodbridge is another wealthy Connecticut town. Greenwich is synonymous with luxury real estate and wealth. 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. Dana has extensive professional writing experience including technical and report writing, informational articles, persuasive articles, contrast and comparison, grant applications, and advertisement. Dariens median home value is $1,654,00. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. 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. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020. If you plan to buy a home in New Canaan, the average price is $1.36 million. 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. Its a great place to raise kids, with top-rated schools and safe streets. Weston is also one of the best places in Connecticut to raise a family. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. 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 is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. The Easton School District offers many different programs including art, music, and sports. and 10 Reasons to Move to Greenwich, CT. Wilton is recognized as one of the wealthiest towns in Connecticut with a median household income of $209,635. Weston residents live a good work-life balance with an average commute time of 42 minutes. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. The local school system is also amongst the best in the state. 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. 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. The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. 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. To see the other wealthy places that made this list, take a look below. Above is a fundraiser at the famous Glass House in New Canaan. (Infographs), What are the Highest Paying Jobs in New Jersey? (Infographic), What are the Highest Paying Jobs in Connecticut? Here well take a look at 10 of the richest cities in Connecticut as of 2022 so you can get an idea of what makes them thrive and how you can take advantage of them. The median home price in Essex was $651,000 in 2022. Southport isnt the kind of city where keeping up with the neighbors comes cheaply. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. 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. The median income is $80,896. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. Easton, CT Annual household income: $166,875, 13. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. The downtown area is quaint and charming with plenty of restaurants, shops, and entertainment options. Liz Flynn has worked as a full-time writer since 2010 after leaving a career in education. Learn how your comment data is processed. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Southport, CT Annual household income: $310,831, The 10 Best Places to Live in Austin for Singles, The 20 Safest Places To Live in Tennessee, Tips on How to Use a HELOC To Buy Real Estate, The 20 Best Places to Live in Latin America. Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. Ridgefield, CT Annual household income: $206,560, 6. Hoping for a glimpse at some of those gorgeous views for which this town is known? If youre planning a move to Tennessee, then youll be happy to know that there are some areas that are among the most beautiful in scenery as the landscape changes from one season to another. 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. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. Related: The 10 Wealthiest Neighborhoods in San Francisco. 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. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. There is a good reason that Norwalk was listed as one of the. Darien Profile Page with Infographics. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. Woodbridge, CT Annual household income: $205,541, 7. 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. Connecticut is one of the wealthiest states in the US. Youll find parades, festivals, and occasional pop-up art exhibitions. Weston is one of the most affluent towns in Connecticut with winding country roads and highly regarded schools. 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. Despite its high per capita income, Connecticut is mainly a middle-class state. Like we said earlier, when we set out to identify the richest places in Connecticut, we werent sure what wed encounter, but it ended up being some of the best places to live in Connecticut. Old Greenwich Annual household income: $222,794, 2. The median income in Bristol is $61,551 while the unemployment rate is 7.8% and the poverty rate is 10.3%. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. Save my name, email, and website in this browser for the next time I comment. Home prices in town are also high, ranging from $500,000 to $4,000,000. 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. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. We analyzed 21 places in Connecticut to determine where the 1% live. Redding has a median home sales price of $1,030,000 and a median household income of $138,125. She finds almost all topics she writes about interesting, but her favorite subjects are travel and food. The town is also home to many hedge fund managers, bankers, and lawyers. West Simsbury, CT Annual household income: $109,590, 19. 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. 1. Fairfield County is very close to New York City. The average home price in Ridgefield is $600,000, and it grants many benefits to its inhabitants: reduced crime rate, good schools, and an overall relaxed way of life. If you can afford a mortgage, its the better way to go in Fairfield. The median house price in Westport is approximately $1.5 million. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. 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. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. Here are the wealthiest towns in Connecticut. 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. On this Wikipedia the language links are at the top of the page across from the article title. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. Related: The 10 Wealthiest Cities In California. That ratio steadily has been. The unemployment rate is 8.6% and the poverty rate is 10% in this city. In fairness, you do get a lot of return for your investment. Woodbridge is another Connecticut hamlet passed over by statisticians pointing out the most affluent cities in Connecticut. 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. 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. Newtown Borough is being credited as the richest town in the state of Connecticut. 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. Riverside, CT Annual household income: $215,791, 5. Rich people not your cup of tea? Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. The state is home to 91 of the US 100 most affluent zip codes. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. The town has attracted the rich and famous . Old Greenwich Profile Page with Infographics. So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. America's wealthiest people are starting to move into smaller cities, a new wealth report says. Learn more about the Homesnacks methods that were used to collect the data and how the statistics were calculated. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. It has a population of 27,141. Its also very well educated, with over half of its residents having a college degree. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. 9. Weston, CT Annual household income: 222,535, 3. The Census revealed that 87.21% of the people living in the city are white, with 80.8 of students in the public schools listed as white. 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! 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. HomeSnacks is reader-supported. With a population of 20,622 inhabitants, the average income per household is $145,244. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. CT proposal causes confusion, concern.
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