There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. It has an average household income of $234,152 and 6,611 residents. The town has a thriving arts community and many of its residents are involved in local government or volunteer activities. Home prices in town are also high, ranging from $500,000 to $4,000,000. 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. You can learn more about the top ten below or skip to the end to see the rankings for all 21 places. Learn more about the Homesnacks methods that were used to collect the data and how the statistics were calculated. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, 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. Fairfield County towns have made yet another list of the richest places in the U.S. Citizens of COS COB have an average commute time from home to work of 31.9 minutes, suggesting they dont need to travel far for work. Darian will be the second wealthiest city in Connecticut in 2022. In a city with a population of 52,005, the median income came in at $81,971. 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. 20% of the residents pay rent, with 80% owning their homes. Most residents have at least a bachelors degree or higher and drive an average of 42 minutes to get to work. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. Suburbs 101 confirms that Riverside is a wealthy suburb of the Town of Greenwich. Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. If you can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. The unemployment rate is 3%, which beats the state average by 4.1%. Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. The unemployment rate is 8.0% and the poverty rate is 8.9%. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. With a median household income of $1,471,700, this is no place for people on a shoestring budget. On the plus side, the median income of $190,227 is equally jaw-dropping. Riverside Profile Page with Infographics. Westport is one of the wealthiest towns in Connecticut. Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. Some haulers caught, Arming guidance counselors? Check them out: What are the oldest towns in Connecticut? Ridgefield is one of the wealthiest towns in Connecticut with a median household income of 133,647. Westport, CT Annual household income: $222,535, 4. Despite its small size, it is home to 18,932 people. The average commute time from home to work is 35.7 minutes. Old Greenwich enjoys a low crime rate and excellent public schools. 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. The median sales price of homes in Riverside is $834,000. The town has the highest percentage of residents who are wealthy, at about 30 percent. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. The high demand is getting harder to find places for sale. Connecticut's neighboring towns of Greenwich and Darien have a combined population of around . Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Newtown Borough as having a median household income of $140,625 (104.7% more than the U.S. median income). It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. 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. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. Only 16 states were represented in the top 100. 78% of them have at least a bachelors degree. 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. Stamford Wikipedia/John The average price of a home is $611,500, nearly three times the national average. Another one of the richest towns in Connecticut is Weston. The Census ranks individual city wealth by a formula that averages the household incomes, including the adjusted gross income and the average household income. Gov. >> Click through to see how each CT spot ranked as well as each household income average. On this Wikipedia the language links are at the top of the page across from the article title. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. Avon is the home of 1,206 entrepreneurs. 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. Home to over 136,309 people, Stamford is the richest city in Connecticut. Wilton, CT Annual household income: $193,292, 9. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. 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. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. 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 among the top ten. The homes in Westport are primarily owner-occupied (85%) and only 15% rentals. As one of the Nutmeg state's oldest towns, it also represents one of the richest. Visit Bloomberg for the full report. Because it is a coastal town, you can spend most of your time on the beach and in natural parks. With an average home price of $641,500, mortgage payments here are no laughing matter although when you factor in the $157,448 median income, they suddenly get a lot more reasonable. 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. 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. The average adjusted gross income is $222,660. 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. West Simsbury is classified socioeconomically as an upper-middle-class zip code compared to other zip codes in Connecticut. The percentage of students eligible for participation in reduced or free lunch programs is 32.7%, which is low compared to many other cities in the state. West Simsbury has 151,104 residents as of 2022. Darien is one of the wealthiest towns in Connecticut. The median house price in Westport is approximately $1.5 million. Connecticut is home to some of the wealthiest people in America. 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. Old Greenwich is home to some of the wealthiest Connecticut 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. Fairfield County is very close to New York City. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. What is it like to live in Greenwich, CT? Wealthiest Towns in CT Final - Suburbs 101. Look here. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. Westport Profile Page with Infographics. Were just going to leave this right here. 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. Chris Kolmar has been in the real estate business for almost ten years now. Newtown Borough is being credited as the richest town in the state of Connecticut. The median home price in Essex was $651,000 in 2022. Four of the top 20 are places in New York, including Brookville village. As of the 2020 census, the population was 1,710. Westport is one of the richest towns in Connecticut with a median household income of $222,375. New Cannan, CT Average household income: $200,203.00, 8. The financial news and opinion site 24/7 Wall St . 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. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. Living there isnt cheap, though. If you love the outdoors, check out the beautiful. The local school system is also amongst the best in the state. 10. Most Dangerous Neighborhoods in Washington DC. The seaside neighborhood is a part of the Town of Greenwich, nestled on the beautiful waterfront with homes on its private beaches and all of the quaint little shops and dining venues the heart could desire. Ridgefield offers something for everyone from great schools to recreation for the whole family. 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. The towns population is under 21,742 people, yet it is home to at least seven country clubs and three golf courses. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. Most of the townspeople hold bachelors degrees or higher. This time the list is from Bloomberg. The demographics data shows that 88.37% of the residents are white, with 83.9% of the public schools showing a student population that is 83.9% white with excellent test performance scores. Counties [ edit] A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. 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". Shelton places in the number two spot with a median income of $87,277. The average home price in town is $780,000. 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. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. The climate is better for persons with allergies, asthma, and other respiratory conditions. Related: The 10 Wealthiest Cities In New York. Weston is one of the richest towns in Connecticut with a median household income of $207,863. Redding is one of the wealthiest towns in CT. Its a small upscale community with a population of 8,765. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. The median home value is $766,900, making it more affordable than some other affluent communities. The town has over 120 acres of open space and over 1,000 acres of parkland. Four Connecticut towns made the top 50 list (well, three. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. 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. The most charming small towns in Connecticut are perfect for a day trip or a new home. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. The average family home retails for a massive $611,500, almost three times the . To see the other wealthy places that made this list, take a look below. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. 25 Wealthiest Towns in the New York Suburbs, What are the Highest Paying Jobs in New York? South Glastonbury is a small town with a growing population ranging from 4848 to 5651. If you plan to buy a home in New Canaan, the average price is $1.36 million. Theres usually something going on for recreation and entertainment in the town and surrounding areas. 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). Riverside is one of the wealthiest communities in Connecticut. Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". With a median household income of $1,471,700, this is no place for people on a shoestring budget. Greenwich is synonymous with luxury real estate and wealth. 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. A median income that sits at a mammoth $352,839. . Test performance scores in public schools are above average, slightly lower than in Ridgefield. Its a desirable place to live if you can afford the costs. 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. Avon, CT Annual household income: $187,080, 10. 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. 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. Theres a reason this state is one of the richest in the country. Atherton, CA topped the list. The first European settlement was established there in, Read More The 20 Best Places to Live in MassachusettsContinue, Already in the first quarter of 2016, vacation rental startup companies have attracted almost $100 million in investments across the United States and Europe. As at 2019, Connecticut had a per capita income of $44,496. The average commute time from home to work is 31 minutes. What are the most charming small towns in Connecticut? The unemployment rate in this city is 10% and the poverty rate is 9.6%. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. Essex Village, CT Annual household income: $172,302, 12. New Canaan is expensive, even by Connecticut standards: The median home value is $1.9M, compared to $350,897 for the state overall. There are also many beautiful parks and green spaces throughout town. 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. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. Thats right, folks, the Gold Coast didnt get its name because gold was found on Connecticuts beaches. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. The town center village is listed as a historic district on the National Register of Historic Places. A wealthy enclave on Connecticut's Gold Coast, Greenwich is consistently ranked as one of the richest cities in America. It has an average household income of $204,792, and the home prices range between $600,000-$800,000. Unexpectedly, after looking at the median income of residents, along with poverty levels and unemployment rates, we found that wealth is spread throughout the state. A CT bill would expand it fur, Is CT recycling going into the trash? Ridgefield, CT Annual household income: $206,560, 6. So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? Fairfield County town is one of the most desirable places to live if you have the financial means. It has an active social scene and boasts an impressive collection of restaurants, shops, and entertainment venues. Bloomberg reports that in Atherton, "the cheapest house on the market is currently listed for $2.5 million, according to real estate marketplace Zillow.com. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Read on to discover the 14 richest towns in Connecticut in 2022. With a median income of $59,522, Naugatuck took ninth place. Only 4% of the homes in the community are available for rent. 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. Fairfield is one of the richest towns and among the best places to live in Connecticut. 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. 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. DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. 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. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. The states median household income is $79,043, which means that half of all households in the state earn above this amount and half earn below it. School test performance scores are above average, and 9.2% of students are eligible for free or reduced lunches at school. 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. The town has attracted the rich and famous . And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. 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. The town is also known for having excellent public schools. The 20 most affluent places, based on places with available data, all had household incomes above $485,000. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Westport is one of the wealthiest towns in Connecticut. Weston Profile Page with Infographics. Its a small, charming seaside community in the Town of Greenwich with a population of 6,873. It is also one of the most expensive places to live in the country, with a median home value of $1,051,014. Related: The 10 Wealthiest Neighborhoods in San Francisco. Groton rounds out the list of richest cities in the number ten spot. A comprehensive list of Connecticuts top 10 richest cities, ranked according to median income and other key indicators of wealth. Well, according to the latest Census data, the richest place in The Nutmeg State is Shelton. The poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. Editors Note: Data has been updated for 2023. 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. Westport is in the top five most affluent cities in Connecticut for 2022. 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. Its quiet, with a population density of just over 2,000 people per square mile about half that of New York City. With 733 . To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. Head out on a fun getaway to these spots: Thank you! All of these towns are located not too far east of Greenwich . CT proposal causes confusion, concern. There are plenty of shopping and fine dining venues in Riverside. The schools are among the best in the state, making them the ideal place to raise a family. West Hartford, CT Annual household income: $142,197, 14.

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