California was the most represented with 23 cities and towns making the list. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. 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. Its a desirable place to live if you can afford the costs. 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. There is a good reason that Norwalk was listed as one of the best places to live in America. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Its median income is $58,717. 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. All in all, Riverside is a town that offers a great quality of life to its citizens. Related: The 10 Wealthiest Cities In North Carolina. Want to learn more about Westport? You'll receive your first newsletter soon! 45.7% of the children in public schools are eligible for free or reduced lunch programs. The town is also known for having excellent public schools. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County . So we looked at this set of criteria from the newly released 2017-2021 American Community Survey: Median household income is the most digestible way to understand how rich a place really is. Let us take a look at some of the richest towns in Connecticut that make up the per capita income. If more people are employed, the richer the future looks. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. Its also far below the national average rate of 3.9%. The schools are among the best in the state, making them the ideal place to raise a family. The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. The Population for 2020 was 1,797, but it has grown to 1,839 for 2022. In fairness, you do get a lot of return for your investment. 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. Ridgefield offers something for everyone from great schools to recreation for the whole family. The town also boasts one of the best school systems in all of Connecticut! This site uses Akismet to reduce spam. They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. Jobs are plentiful in the city with a population of 7,453. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Riverside is one of the wealthiest communities in Connecticut. It's also home to the state's only national historic site, Weir Farm. It's also very well educated, with over half of its residents having a college degree. 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). There are also several golf courses in town that draw a lot of people from around the world. Here Are The 10 Richest Cities In Connecticut - OnlyInYourState And that makes living in the state expensive. Its also very well educated, with over half of its residents having a college degree. What Is The Richest Town In Fairfield County? - PartyShopMaine Fairfield County is very close to New York City. Weston is also one of the best places in Connecticut to raise a family. From Hedge Fund Executives to High Profile Athletes, these wealthy Americans call Connecticut their home. As a sign of just how rich this coastal Connecticut city is, the median income is a massive $321,377. 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. The median sales price is residential sales data for 12 month period ending January 2023. While the income number is higher than that of Milford, the higher unemployment rate of 7.9% gives this city a solid second place. The 24 to 44 age group earns an average of $230,278 per year, with the 45 to 64 group bringing in $242,039retired residents 65 plus an average of $131,261 per year for the last calculations in 2020. Its also home to some of the most expensive homes in the state. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466. Milford grabbed the top place in this list of richest cities. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. Were just going to leave this right here. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Weston, CT Annual household income: 222,535, 3. The average family home retails for a massive $611,500, almost three times the . The unemployment rate in this city is 10% and the poverty rate is 9.6%. The Easton School District offers many different programs including art, music, and sports. America's wealthiest people are starting to move into smaller cities, a new wealth report says. Just 16% of the homes are rentals. Fairfield. The unemployment and poverty rates are 7.9% and 8.5% respectively. 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. Fairfield is a moderate-sized city in Fairfield County. The first thing that comes to most peoples minds when they think about determining the richest places is to simply identify personal incomes. If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. The average renter pays $2,336 per month. It has a great location, close to major highways and a short drive from New York City. Connecticut - Forbes 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. What is it like to live in Greenwich, CT. Its among the top ten. Theres usually something going on for recreation and entertainment in the town and surrounding areas. Old Greenwich is a perfect place to live if youre looking for an upscale quiet community with excellent schools, but its not exactly pedestrian friendly when it comes to getting around town! Want to learn more about Darien? 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 is an affluent community with a population of 18,503 people, and 75.1% of its residents have attained a bachelors degree or higher, reflecting an educated community. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. Education Levels 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! In Essex Village, the median income for married people with families is $172,302 for married people with families, and slightly lower for unmarried with families. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. As of December 2019 Income inequality is huge in Connecticut, with the disparity most pronounced when comparing southern towns like New Canaan and Greenwich with Hartford, the state's capital.. 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. The fourth wealthiest town in Connecticut is Old Greenwich. New Cannan, CT Average household income: $200,203.00, 8. New Canaan is one of the wealthiest towns and among the best places to live in Connecticut. 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. Above is a fundraiser at the famous Glass House in New Canaan. The average home value is $1,561,200, with 84% of the residents owning their own homes. Norwalk, CT, USA 4. Southports location near New York City also makes it attractive for commuters working there. 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. It has a population of 33,900 residents. 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. 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. Its also a better choice, Read More The 20 Best Places to Live with Low Humidity in the U.S.Continue. 78% of them have at least a bachelors degree. 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 Located in Fairfield County, Weston has a population of 10,354. Riverside, CT Annual household income: $215,791, 5. How Much Are Closing Costs in Texas & Who Pays Them. New Canaan is one of the wealthiest towns in Connecticut with a median sales price of $1,155,000. Its also home to the states only national historic site, Weir Farm. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. On this Wikipedia the language links are at the top of the page across from the article title. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. If you plan to buy a home in the city, the median home value is $330,100. Get more stories delivered right to your email. 18 Top-Rated Small Towns in Connecticut | PlanetWare the average home value is $1,471,700. Woodbridge is another wealthy Connecticut town. Its one of the areas wealthiest communities, with the median annual household income at over $215k. Property values are high, the median sales price is $1,029,000. 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. Related: The 10 Wealthiest Cities In New York. Stamford Wikipedia/John As one of the Nutmeg state's oldest towns, it also represents one of the richest. Most homes were built in 1965 when the community saw its largest growth spurt. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. After all, rich people have really high salaries. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. It also has a number of highly rated public and private schools, which can be a major plus for families with children. Westport Profile Page with Infographics. This is a carousel. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. You can download the data here. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. Old Greenwich has a population of 6,962 and a median household income of $222,794. A median income that sits at a mammoth $352,839. The high demand is getting harder to find places for sale. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. West Simsbury, CT Annual household income: $109,590, 19. The rankings are based on income and home value. With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. The town has the highest percentage of residents who are wealthy, at about 30 percent. 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. In todays world of language everything has an acronym dreamed up by some marketing or English major who feels the need to make everything, Read More Tips on How to Use a HELOC To Buy Real EstateContinue, Tucked in between North America and South America, the 20 countries that make up Latin America cover an enormous range of landscapes, climates, cultures, and traditions. Weston is in Fairfield County. Another one of the richest towns in Connecticut is Weston. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. Map of 25 Wealthiest Zipcodes in Connecticut Based on Average Adjusted Gross Income. 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. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. Its come a long way in the past 10 years since the last Census. Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. People love to enjoy life and share it with family, friends, and neighbors. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. Its safe, with a low crime rate. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? In terms of per capita income, Connecticut is the richest state in the United States of America. Head to, Natalie is a writer and travel enthusiast who loves uncovering new places along the East Coast. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. Want to learn more about Greenwich, CT? Unfortunately, however, there can be only one Connecticut place that's worthy of the HomeSnacks crown. >> Click through to see how each CT spot ranked as well as each household income average. The median house price in Westport is approximately $1.5 million. Its capital is Hartford, and its most populous city is Bridgeport. Top 25 Wealthiest Zipcodes in Connecticut - Zipdatamaps.com (Infographic), What are the Highest Paying Jobs in Connecticut? Gold Coast (Connecticut) - Wikipedia 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. Is Connecticut still the richest state in the nation? Barely A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. By Joselynn Chua / February 27, 2023. When you learn that the average cost of a single-family home is $1,150,400 and the median income is $206,466, youll be left in no doubt. A list of the richest cities in Connecticut was released by Homesnacks and we think you might be surprised at which places made the list. If you love the outdoors, check out the beautiful. Liz loves the process of researching information, learning new things, and putting into words . 2015-2023 Chasing Chains, LLC. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. The median income is $80,896. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. 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. Editors Note: Data has been updated for 2023. DiscoverNet | The 10 Richest Cities in Connecticut The average family home retails for a massive $611,500, almost three times the national average. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. Until the federal government takes its regulatory role seriously and uses the big stick that it has, corporations will attempt to self-regulate M&T urged to end 'banking desert' in Bridgeport neighborhoods, 'Candlewood' horror movie drops trailer inspired by local urban legends, Four Fairfield businesses fail February health inspections, Warrant: Ex-New Fairfield 'lunch lady' sent nude images to student on Snapchat for months before sex assault, Police make up 19 of Trumbull's top 20 highest paid employees, Former CT girls soccer coach pleads guilty to sexually assaulting player, Bridgeport man broke into Norwalk homes while families slept inside, warrants said, The Best Private High Schools Near Stamford, The Best Private Preschools Near New Haven, Guide to Legal Cannabis Dispensaries in CT, Why CT waits for $95 million from OxyContin maker Purdue Pharma, HUSKY Health is helping immigrants. Old Greenwich Profile Page with Infographics. That ratio steadily has been. Westport is a very desirable place to live as it ranks highly for safety. Related: The 10 Wealthiest Neighborhoods in San Francisco. The remaining six wealthy Connecticut communities, all in Greenwich, in order are. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. Westport is one of the richest towns in Connecticut with a median household income of $222,375. Fairfield, CT Annual household income: $139,122, 16. West Simsbury has 151,104 residents as of 2022. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Its the place where many believe this country originated, being home to the historic city of Plymouth. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Its located in Fairfield County under the 06896 zip code, sharing a border with Danbury and Georgetown. Its less ideal, however, if your bills are already bigger than your income. 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. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. 10 Wealthiest Towns in Connecticut (2023) - Suburbs 101 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 median household income in New Canaan is $214,977. The Population is 8,843 in this close-knit community. You're Really Wealthy If You Live In One Of These 6 CT - Patch Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. Wilton, CT Annual household income: $193,292, 9. Despite its small size, it is home to 18,932 people. CT proposal causes confusion, concern. Riverside also offers residents a quick commute into NYC. Want to learn more about Old Greenwich? Only 15% of the residents rent because most people there are homeowners. Theyre well educated, and many residents commute to the city for their jobs with an average travel time of 38 minutes. Riverside has a population of 8,843. Its smaller than Ridgefield but slightly more affluent. The Community Trail runs along the Long Island Sound and is a great place to walk or ride your bike.

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