richest towns in connecticut

Weston is also one of the best places in Connecticut to raise a family. Editors Note: Data has been updated for 2023. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. It has an average household income of $234,152 and 6,611 residents. Southport has a long history as a summer resort and residential community. 14 Richest Towns in Connecticut Darien Riverside Westport Old Greenwich Wilton Weston Greenwich Southport New Canaan Avon Ridgefield Stamford Woodbridge Essex 1. 20% of the residents pay rent, with 80% owning their homes. The unemployment rate is 3%, which beats the state average by 4.1%. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. Weston, CT Annual household income: 222,535, 3. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. What is it like to live in Greenwich, CT? Living in New Canaan is like being surrounded by family. The median household income is $99,791, and the average home price is $672,000. Its a medium-sized town that has grown to become one of the most desirable places to live in Connecticut. Most Expensively 2023. You can find out more about him on LinkedIn or his website. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. 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. 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. 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. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. Its a great place to raise kids, with top-rated schools and safe streets. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. Look here. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. Avons diversity rate is better than most of its neighboring communities. 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. Its the place where many believe this country originated, being home to the historic city of Plymouth. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . Connecticut is the wealthiest state in the United States of America in terms of per capita incomes and wealth. The beautiful neighborhood is small, just 6,962, after the influx of rich business professionals. The town is partly in Hartford County, with some areas in Middlesex County. Old Greenwich Profile Page with Infographics. COS COB is a Fairfield county city that extends to the border of the Stamford city limits. Milford grabbed the top place in this list of richest cities. Greenwich is another of the wealthiest towns in Connecticut. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. Were just going to leave this right here. 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 second wealthiest town in Connecticut is Riverside. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. 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. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. The unemployment and poverty rates are 6.3% and 11.4% respectively. The financial news and opinion site 24/7 Wall St . The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. Related: The 10 Wealthiest Cities In New York. You'll receive your first newsletter soon! California was the most represented with 23 cities and towns making the list. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. 20. Its a city of high-earners who live the high life enjoying their private yacht and country clubs, with access to the citys pristine beaches. The unemployment rate is 7.3% while the poverty rate is higher at 11.2%. In 2018, the average household income in its Old Greenwich. Theres usually something going on for recreation and entertainment in the town and surrounding areas. 6. Its one of the areas wealthiest communities, with the median annual household income at over $215k. Fairfield is a moderate-sized city in Fairfield County. Counties [ edit] The village also includes a historic mill complex and dam. Groton rounds out the list of richest cities in the number ten spot. Located in Fairfield County, Weston has a population of 10,354. Its also far below the national average rate of 3.9%. The richest places in Connecticut are a lot like expensive diamonds; but, dont get it twisted, they are not by any means the diamonds in the rough. the average home value is $1,471,700. 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 a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. Newtown Borough is being credited as the richest town in the state of Connecticut. Most of the residents have gainful employment with high-paying jobs. List of 25 Wealthiest Zipcodes in Connecticut; Rank Map Key Zipcode Zip Name County Adjusted Gross Income Median Household Income; 1: 06878: Riverside: Fairfield: $740130: All Rights Reserved. Some haulers caught, Arming guidance counselors? The majority are white-collar workers, just 4.96% in the blue-collar classification. Its smaller than Ridgefield but slightly more affluent. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. Download The Entire Connecticut Ranking Data. 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. Shelton. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. Redding, CT Annual household income: $140,995, 15. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. Let's go! Darian, CT Annual household income: $232,523, 1. It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine beaches. Wilton, CT Annual household income: $193,292, 9. The climate is better for persons with allergies, asthma, and other respiratory conditions. 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. 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. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Its also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Riverside residents live a good work-life balance with an average commute time of 37 minutes. Stamford Wikipedia/John The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. The town is full of greenery and offers residents a tranquil vibe. Riverside, CT Annual household income: $215,791, 5. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. Weston residents are well educated with 78% of residents having obtained a bachelors degree or higher. Its in Hartford County. Although the town is small, youll find plenty of recreational venues, cafes, restaurants, and shops. As of the 2020 census, the population was 1,710. The richest town in Connecticut is Darien, with a median household income of $251,200. 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. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. With a median household income of $1,471,700, this is no place for people on a shoestring budget. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. Renting is a little cheaper, but not by much expect to part with around $1,886 per month for an apartment. Get more stories delivered right to your email. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. Redding has a median home sales price of $1,030,000 and a median household income of $138,125. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes.