It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. Test performance scores in public schools are above average, slightly lower than in Ridgefield. Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. The average home value is $650,400. Avon, CT Annual household income: $187,080, 10. With an average family income of $209,635 and a population of 18,460 inhabitants, Wilton is a relatively wealthy town. We love the detailed statistics that give us a clear snapshot of the socioeconomic dynamics of the city. Editors Note: Data has been updated for 2023. Fairfield is a moderate-sized city in Fairfield County. 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. If the thought of paying $868,200 for a home makes you feel queasy, you might want to give Weston a miss. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. What is it like to live in Greenwich, CT. 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. Groton rounds out the list of richest cities in the number ten spot. Its a socioeconomically Upper Middle-Class city with a median household income of $136,261. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. The bright side? 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. 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. 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. Riverside Profile Page with Infographics. After Riverside and Greenwich, the next four richest towns are Darien ($599,920), New Canaan ($532,440), Old Greenwich ($530,250), and Rowayton ($422,210). 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. Living there isnt cheap, though. The upside to all those sky-high prices is a median income that ranks as one of the highest in the state. 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 at 2019, Connecticut had a per capita income of $44,496. The city deserves its spot on the list as its well above the average US income. 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. The state is home to 91 of the US 100 most affluent zip codes. The average commute time from home to work is 31 minutes. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. We analyzed 21 places in Connecticut to determine where the 1% live. With a median income of $59,522, Naugatuck took ninth place. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. 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. Point 2 Point Homes advises that the small community of 8,779 people has an average household income of more than $200k per year. Its also home to some of the most expensive homes in the state. 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. According to Wikipedia, Granby is a rural town, located in the foothills of the Litchfield Hills of the Berkshires, besides the suburban natured center, the outskirts of town are filled with dense woods and rolling hills and mountains. Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Property values are high, the median sales price is $1,029,000. 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! 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 quiet, with a population density of just over 2,000 people per square mile about half that of New York City. The median income in Danbury is $67,430 helping to secure its 5th place ranking. Its among the top ten. If you plan to rent in the city, plan on paying double the national average as apartments and homes go for $2,469 per month. 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. 1. The schools are among the best in the state, making them the ideal place to raise a family. Riverside has a population of 8,843. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. South Glastonburys Census results show a total of 2038 households in the town. The unemployment rate is slightly higher at 3.6%, with the average commute time for workers at 31.3 minutes. 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. Head out on a fun getaway to these spots: Thank you! The 20 Best Places to Live with Low Humidity in the U.S. 20 Cities with The Worst Weather in Europe, How Zac Stacy Achieved a Net Worth of $6 Million. New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. The staggering low unemployment rate for 2022 is 0.4%, far below the county, state, and national averages for unemployment rates. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. How Much Are Closing Costs in Texas & Who Pays Them. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Four Connecticut towns made the top 50 list (well, three depending on how you look at it): Darien, Old Greenwich, Riverside (Greenwich) and Westport. Four of the top 20 are places in New York, including Brookville village. Rich people not your cup of tea? Four Connecticut towns made the top 50 list (well, three. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. Riverside Profile Page with Infographics. Source: US Internal Revenue Service - 2018. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. The 20 Richest Towns in Connecticut in 2022; Liz Flynn. The local school system is also amongst the best in the state. Westport residents live a good work-life balance with an average commute time of 44 minutes. The unemployment rate is 3%, which beats the state average by 4.1%. The town is also home to many hedge fund managers, bankers, and lawyers. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. 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. 1. 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 got a population of just over 20,249 (2020) people, but it feels much smaller than that. The unemployment rate is lower than the state rate of 4.1% and the national rate of 3.9%. COS COB, CT Annual household income: $136,261, 17. You catch that vibe when you visit New Canaan, but its not cheap to live there. 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. Look here. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . There are also plenty of parks throughout the town including Waterside Park which offers a great view of Long Island Sound as well as tennis courts and playgrounds for children. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. 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. Married families in Ridgefield average an annual household income of 182,679, but the average is over $206k. the average home value is $1,471,700. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. 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. 22 overall, with average household income at $270,222. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. It has a great location, close to major highways and a short drive from New York City. Another one of the richest towns in Connecticut is Weston. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. California was the most represented with 23 cities and towns making the list. Want to learn more about Weston? Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. A relatively small town, it offers the opportunity of doing great outdoor activities. Essex Village is a highly desirable community to live in for the affluent. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. Riverside also offers residents a quick commute into NYC. Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. 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. The average commute time from home to work is 35.7 minutes. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses. 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. The Population is 8,843 in this close-knit community. It is a picture-perfect neighborhood in the Town of Greenwich with beaches, highly rated schools, and an easy train ride to NYC. Zip Data lists West Hartford as one of the 20 richest cities in the state. A handful of factors, from the number of businesses in an area to its median income, have an impact on whether residents are thriving or struggling financially. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. Check them out: What are the oldest towns in Connecticut? Wilton, CT Annual household income: $193,292, 9. Read on to discover the 14 richest towns in Connecticut in 2022. There is a good reason that Norwalk was listed as one of the. It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. Its also home to the states only national historic site, Weir Farm. Easton has excellent schools both public and private schools are available. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. Wealthiest Towns in CT Final - Suburbs 101. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Connecticut’s per capita income was $44,496 in 2019, according to estimates. The unemployment rate is 8.0% and the poverty rate is 8.9%. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. This time the list is from Bloomberg. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. What determines the overall wealth of a city? Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. Its a small town of 10,354. Most of the townspeople hold bachelors degrees or higher. The median household income at Cos Cob is $138,125. 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. Avon is the home of 1,206 entrepreneurs. The most charming small towns in Connecticut are perfect for a day trip or a new home. 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 a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. Home to over 136,309 people, Stamford is the richest city in Connecticut. New Cannan, CT Average household income: $200,203.00, 8. This small coastal town is the perfect place for raising children, and you can enjoy plenty of outdoor activities, especially walking in nature. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. The median household income in New Canaan is $214,977. Want to learn more about Darien? Norwalk, CT, USA 4. 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. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. 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. 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. 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. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". When you click through real estate links on our site, we earn an affiliate commission. 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 The remaining six wealthy Connecticut communities, all in Greenwich, in order are. However, test score performance in the public school system gets a poor ranking. 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. Its the place where many believe this country originated, being home to the historic city of Plymouth. Well, HomeSnacks crunched the numbers and discovered that Stamford is the most expensive place to live in Connecticut. The median household income is $99,791, and the average home price is $672,000. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. 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. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. Fairfield County is very close to New York City. What is it like to live in Greenwich, CT? Fairfield County towns have made yet another list of the richest places in the U.S. The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. It has an average household income of $234,152 and 6,611 residents. The community is predominantly white at 75.45% but is becoming more ethnically diverse than some of its neighboring towns, with a public school demographic of 68.9% white students. Despite its small size, it is home to 18,932 people. The average home value is $1,150,400. (Infographs), What are the Highest Paying Jobs in New Jersey? Renters pay an average of $1,361 per month. Weston is one of the richest towns in Connecticut with a median household income of $207,863. The city has grown over the past decade, increasing from 8,223 residents to 9,110. Southport is an affluent town in Connecticut. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Weston, CT Annual household income: 222,535, 3. The unemployment rate is 8.6% and the poverty rate is 10% in this city. According to the most recent data, the number of people living in Ridgefield has decreased by 0.7% since 2020.

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