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. 22 overall, with average household income at $270,222. 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. Ridgefield offers something for everyone from great schools to recreation for the whole family. 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. 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 next town on this list is Wilton. Its an Upper-Middle-Class town with a median household income of just under $141K. 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. Its also very well educated, with over half of its residents having a college degree. 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 streets are safe, and the schools are highly rated. Get the inside scoop on what its really like to live in the suburbs through our interviews with local suburbanites and features on Food, Fashion, Home, Garden, Travel, Pets, Real Estate and Local Events. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Newtown Borough is being credited as the richest town in the state of Connecticut. Head out on a fun getaway to these spots: Thank you! It has a great location, close to major highways and a short drive from New York City. Essex Village, CT Annual household income: $172,302, 12. In fairness, you do get a lot of return for your investment. According to the report, the four towns are Darien, Old Greenwich, Riverside, and . Riverside has a population of 8,843. 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. So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? Its harbor and beaches are popular among boaters, who are drawn by the calm waters of Long Island Sound and easy access to New York City via ferry or bridge. Its safe, with a low crime rate. Most Expensively 2023. Connecticut towns make Bloomberg list of richest places, Owner of Tm brings authentic Mexican cuisine, art to Fairfield, St. Patrick's Day food and drink menus, parties around CT, Connecticut Magazine's 25 Most Romantic Restaurants in CT. Every year, Connecticut Magazine asks readers and experts for the state's best dining spots. Westport, CT Annual household income: $222,535, 4. Stamford Wikipedia/John Old Greenwich is home to some of the wealthiest Connecticut residents. It is a Fairfield County city home to many wealthy residents who enjoy private country clubs, yacht clubs, and pristine beaches. Name Census collected information for the past five years and breaks the average income levels by age group. The average home price in Old Greenwich is $1.8 million. Fairfield County town is one of the most desirable places to live if you have the financial means. New Cannan, CT Average household income: $200,203.00, 8. The communities in this city are close, and they love to sponsor community events for the residents and visitors. The unemployment rate is 3%, which beats the state average by 4.1%. 10. Want to learn more about Weston? Jobs are plentiful in the area, with the working Population gainfully employed except for just 3.5%. The average income per family is $130,268, and home prices range anywhere between $500,000 to $2 million. Related: The 10 Wealthiest Cities In California. 20. Darien residents are well educated with 83% of residents having obtained a bachelors degree or higher. 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! COS COB is a Fairfield county city that extends to the border of the Stamford city limits. The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. The benefits of living in this city are numerous, such as good schools, safe neighborhoods, and overall great lifestyle quality. Want to learn more about Darien? The median house price in Westport is approximately $1.5 million. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. Most of the residents are of white ethnicity, with only 6.1% of students in the public schools eligible for free or reduced lunch. The current Population is 2,601, with an annual growth rate of 0.35%. Here are the 10 richest places in Connecticut for 2023: Shelton Milford Stamford Naugatuck Bristol Danbury Norwalk Middletown Norwich West Haven With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. As the name implies, Southport is a port city that is situated on the coast. The Population is 8,843 in this close-knit community. Fairfield County towns have made yet another list of the richest places in the U.S. Inflation-adjusted household income is one of the factors. The unemployment rate in this city is 10% and the poverty rate is 9.6%. The fourth wealthiest town in Connecticut is Old Greenwich. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. After all, rich people have really high salaries. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. Darian is one of the richest towns in Connecticut with a median household income of nearly $243,750. Connecticut has for many years been labeled the richest state in the nation because of its highest-in-the-nation per capita income, but that may be rapidly changing according to figures from the U.S. Bureau of Economic Analysis. 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 socioeconomically Upper Middle-Class city with a median household income of $136,261. There are plenty of shopping and fine dining venues in Riverside. Most of Connecticut's wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Redding, CT Annual household income: $140,995, 15. Westport has a thriving luxury real estate market with the median sales price in Westport at $1,796,000. The average home value is $650,400. These are some, Read More The 10 Richest Zip Codes In CaliforniaContinue, Florida has the longest coastline of any state in the contiguous United States. 4 CT towns make list of 100 richest towns in America Wilton has impressive parks and rec programs to provide residents with many green areas to enjoy public events or family picnics. 78% of them have at least a bachelors degree. Cos Cob is one of the wealthiest communities in Connecticut with a median home sales price of $1,312,000. This site uses Akismet to reduce spam. Property values are high, the median sales price is $1,029,000. The town is full of greenery and offers residents a tranquil vibe. The average home value is $466,000, making it one of the more affordable rich neighborhoods to buy a house. The Most Affluent, Richest, High-Income Places in the US With fancy city names like Windsor and Danbury, Connecticut seems to ooze wealth around every corner. Its less ideal, however, if your bills are already bigger than your income. 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. New Canaan is situated right next to Darien and is also one of the richest towns in Connecticut. The 20 Most Affordable Places to Live in Connecticut - Money Inc Numerous tech billionaires have called the town home, including Googles Eric Schmidt, Facebooks Sheryl Sandberg and Microsofts late co-founder Paul Allen.". Greenwich had a median household income of $180,484 in 2021 and is known as one of the richest cities in America. Lidia Ryan is the managing editor of trending and features for Hearst Connecticut Media Group and is part of the digital team. But its worth it because Connecticut has some of the best opportunities for employment with the states overall unemployment rate holding steady with the national rate. Its a haven for New Yorks very rich to escape the hustle and bustle of big money firms and agencies. To keep this list focused on city-sized spots, only communities with more than 9,000 people were considered, including the lovely Norwalk, Connecticut. Located on Long Island Sound, Southport is a charming seaside community with a vibrant downtown area and beautiful beaches. Safest Cities In Connecticut (Updated For 2021) - 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. Isn't it grand to see Granby here in the top ten safest places in Connecticut. The states Atlantic coast is to the east, while the Gulf of Mexico coastline is to the west. Darien Profile Page with Infographics. 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 can swallow up those property prices, theres a good chance youll be rewarded with an income in the region of $222,535. 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. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. Unfortunately, however, there can be only one Connecticut place thats worthy of the HomeSnacks crown. Its capital is Hartford, and its most populous city is Bridgeport. The schools also have state-of-the-art technology such as iPads and Smart Boards so students can learn in new ways. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. It's also one of the most expensive places to live in the country, with a median home price of over $1.5 million. 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. A town covered in vibrant nature, Avon is 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. Lidia has more than 10 years experience in news and digital media and holds a degree in journalism from the University of Connecticut. Its also far below the national average rate of 3.9%. However, depending on the neighborhood, you can also find more affordable housing. Want to learn more about Westport? The 20 most affluent places, based on places with available data, all had household incomes above $485,000. The average commute time for workers is 26.5 minutes, suggesting plenty of local jobs in the citys economy. The town is home to many Fortune 500 companies such as General Electric and Terex Corporation. Old Greenwich has a population of 6,962 and a median household income of $222,794. 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. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Home to some of the most affluent residents of Connecticut, Weston has a median household income of $222,535. Its a peaceful town thats a great place for people who want to get away from hectic city life and enjoy nature. The high demand is getting harder to find places for sale. Home to some of the most affluent residents of Connecticut, Darien has a median household income of $232,523. Its also home to some of the most expensive homes in the state. There's 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. With a median household income just shy of a quarter-million a year, Darian is an exclusive place to live. Use Next and Previous buttons to navigate. Easton has excellent schools both public and private schools are available. 20% of the residents pay rent, with 80% owning their homes. Demographic studies show that 81.64% of the residents are white; however, only 42.4% of the children in the public schools are white, suggesting that the city is starting to diversify its demographic Population. The financial news and opinion site 24/7 Wall St . The homes in Darien are primarily owner-occupied (87%) with only 13% rentals. What is it like to live in Greenwich, CT? The third on the list is Westport. Four Connecticut towns made the top 50 list (well, three. People who suffer from the pain and discomfort of arthritis can improve their symptoms by avoiding certain climates. If you want to live in one of Connecticuts richest places, youre going to need to make upwards of $59,791/year. Theres usually something going on for recreation and entertainment in the town and surrounding areas. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. Theres a reason this state is one of the richest in the country. The 10 Best Places To Live In Connecticut For 2022 - HomeSnacks Certainly enough time to go to the beach after work for a picnic dinner by the water! Darian is on Long Island Sound and offers waterfront property for sale and for rent. Matter of fact, its because there are a bunch of well-to-do people that call this New England state home. Its the basis on which we chose the 20 richest towns in Connecticut, and the results might surprise you. The average commute time from home to work is 23.6 minutes, suggesting ample employment opportunities in South Glastonbury. West Hartford, CT Annual household income: $142,197, 14. In terms of per capita income, Connecticut is the richest state in the United States of America. The 10 Richest Cities in Connecticut - Most Expensively Point 2 Point Homes picked up on the city of Avon, whereas many other demographics lists didnt give them a second look. This site uses Akismet to reduce spam. The unemployment rate is 8.0% and the poverty rate is 8.9%. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. The climate is better for persons with allergies, asthma, and other respiratory conditions. [1] All data is from the 2010 United States Census and the 2011-2015 American Community Survey 5-Year Estimates.[2][3]. Most of the townspeople hold bachelors degrees or higher. 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. Westport is in the top five most affluent cities in Connecticut for 2022. All of these towns are located not too far east of Greenwich . The 10 Richest Cities in Connecticut - Money Inc Considering Connecticut isnt the cheapest state in the US to start with, that alone should give you some idea of just how rich this little city is. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. The average renter pays $2,336 per month. Riverside also offers residents a quick commute into NYC. Riverside residents live a good work-life balance with an average commute time of 37 minutes. 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. Heck, the competition for the top ten richest places in The Constitution State was quite fierce, so to narrow down our list we decided to look at the 21 Connecticut cities with at least 9,000 residents. Chris Kolmar has been in the real estate business for almost ten years now. DARIEN, CT Darien is the wealthiest town in Connecticut, where the median household income is more than $200,000, according to a new report. 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. The average home price in Southport is $600,000. A rain garden is an area dug slightly below the surrounding area that can catch and collect rainfall and keep it from carrying pollutants downstream. Related: The 10 Wealthiest Neighborhoods in San Francisco. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Home to over 136,309 people, Stamford is the richest city in Connecticut. The average household income umped over $20k, but the cost of housing has also risen in this desirable community. Only 16 states were represented in the top 100. Rich people not your cup of tea? It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. Old Greenwich Profile Page with Infographics. Whether you have money to burn or are living on a budget, everyone enjoys these free activities in Connecticut. 87% of the residents own their homes, and just 13% rent. Connecticut towns make Bloomberg list of richest places Westport residents live a good work-life balance with an average commute time of 44 minutes. CT proposal causes confusion, concern. The median income in this city is $81,634. $55,137 is the median income in this city while the unemployment and poverty rates are 7.5% and 13.4% respectively. Look here. Westport residents are well educated with 78% of residents having obtained a bachelors degree or higher. Depending on individual tastes, personal circumstances, and the stage of life a person is at, everyone has different criteria in terms of what makes a great place to live. Visit Bloomberg for the full report. Richest Places in Connecticut Bottom Line, Best First Time Home Buyer Programs & Grants in NYC. 83% of the residents have a bachelors degree or higher, and the unemployment rate is low. The upscale community attracts residents who commute to New York City because its easy train ride to Manhattan. Home prices in town are also high, ranging from $500,000 to $4,000,000. Wilton is also known as the village because of its quaint feel with many historic homes and buildings. And if you want to know where these wealthy Connecticutors live, take a look below at HomeSnacks list of the richest places in The Constitution State for 2023. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. 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. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. With a median household income of $1,471,700, this is no place for people on a shoestring budget. The local school system is also amongst the best in the state. Westport was third in the state, and no. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. Here Are The 10 Richest Cities In Connecticut - OnlyInYourState 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 median sales price of homes in Weston is $1,225,000 with 96% of homes owner-occupied and only 4% of homes being rentals. We aim to deliver bite-sized pieces of infotainment about where you live. In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. Top 25 Wealthiest Zipcodes in Connecticut - Zipdatamaps.com The 10 Most Expensive Places To Live In Connecticut For 2023 - HomeSnacks