(and lowest paying jobs). It's also very well educated, with over half of its residents having a college degree. DiscoverNet | The 10 Richest Cities in Connecticut With its safe streets, world-class schools, plentiful amenities, and tempting $163,945 median income, its a great place to call home if your bank balance meets the challenge. Avon, CT Annual household income: $187,080, 10. Want to learn more about Westport? There are also many beautiful parks and green spaces throughout town. The median household income in Wilton is $204,473 which is over twice as much as the state average of $79,043. The small community has a population of 7,586 residents. 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. Old Greenwich is one of the richest Neighborhoods in Connecticut with a median household income of $238,750. 20. (Infographic), What are the Highest Paying Jobs in Connecticut? The average home value is $1,150,400. In addition to having a high income, Wilton residents also have a very low poverty rate at just 2.4%. When you click through real estate links on our site, we earn an affiliate commission. In terms of per capita income, it beats the nearest competition by a huge margin of almost $4000. How Much Are Closing Costs in Texas & Who Pays Them. Renters pay an average of $1,361 per month. There is a good reason that Norwalk was listed as one of the. The town has the highest percentage of residents who are wealthy, at about 30 percent. If youre planning a move to Tennessee, then youll be happy to know that there are some areas that are among the most beautiful in scenery as the landscape changes from one season to another. If you live in, Fairfield County's Norwalk, CT is the third richest city in the Nutmeg State. Westport was third in the state, and no. 4 CT towns make list of 100 richest towns in America Wealthiest Towns in CT Final - Suburbs 101. Greenwich residents are well-educated, with 70.6% having completed at least a bachelors degree. 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. With a median household income of $1,471,700, this is no place for people on a shoestring budget. The town has over 120 acres of open space and over 1,000 acres of parkland. There are many things to do including going to the beach and shopping at the local malls. 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. Located in Fairfield County, Weston has a population of 10,354. Ned Lamont and General Assembly leaders to to focus on offsetting a potential property tax Armageddon. The median sales price is residential sales data for 12 month period ending January 2023. Actual ranking depends on what metrics are used, but in general, Connecticut ranks within the five wealthiest states in the country. 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. Youll find parades, festivals, and occasional pop-up art exhibitions. Many of these towns are wonderful places to live due to their incredible verdant spaces and proximity to the city and ocean. Despite its high per capita income, Connecticut is mainly a middle-class state. The unemployment rate tries to capture the prospects for more people to become rich. Westport is a popular place for New Yorkers to visit on weekends because of its close proximity to Manhattan. The median home price in Essex was $651,000 in 2022. Middletown, a riverside city south of Hartford, takes the 6th place spot with a median income of $63,828. Southports location near New York City also makes it attractive for commuters working there. And if you have some time on your hands, take a look at how the other 99% live in Connecticuts poorest places. Milford, CT - HomeSnacks 45.7% of the children in public schools are eligible for free or reduced lunch programs. Let's go! Redding, Connecticut, is a small city with a population of 9,110. The Upper Middle-Class neighborhood has an unemployment rate of 2.8% in its 06073 zip code compared to the Harford County rate of 6% and the state rate of 4.01%. If the idea of paying $2,724 in rent each month makes you feel the same, definitely scratch it from your list. Its less ideal, however, if your bills are already bigger than your income. Connecticut ( / kntkt / ( listen)) [10] is the southernmost state in the New England region of the Northeastern United States. With a median household income of $1,471,700, this is no place for people on a shoestring budget. 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 average home price in Southport is $600,000. With a median income of $59,522, Naugatuck took ninth place. . The city is in Fairfield County, with Census Bureau statistics that list the racial majority as 89.61% white, with similar demographics in the public schools. The unemployment rate is 8.0% and the poverty rate is 8.9%. 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. New Cannan, CT Average household income: $200,203.00, 8. 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 poverty rate is remarkably low at 1.12%, with median rent at $1,832 per month. 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. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. Top 25 Wealthiest Zipcodes in Connecticut - Zipdatamaps.com The next town on this list is Wilton. Easton is a great place to raise a family because it has a good school system. 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. Property values are high, the median sales price is $1,029,000. There are lots of affluent communities in the Nutmeg State, and some of them are unassuming. A median income that sits at a mammoth $352,839. The unemployment rate for the city is 3.6%, compared to the state average of 4.1%, and theyre doing well in securing work. OnlyInYourState may earn compensation through affiliate links in this article. 87% of the residents own their homes, and just 13% rent. Grace Duffield / Hearst Connecticut Media file photo Read on to discover the 14 richest towns in Connecticut in 2022. Greenwich is another of the wealthiest towns in Connecticut. The city has grown over the past decade, increasing from 8,223 residents to 9,110. The unemployment rate in this city is 10% and the poverty rate is 9.6%. 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. Wilton, CT Annual household income: $193,292, 9. The median home value in Greenwich is over $1.5 million, and many residents work in finance and banking in NYC. According to homes.com, Ridgefield is one of the most expensive places in Connecticut to buy a home. Weston is one of the richest towns in Connecticut with a median household income of $207,863. 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! Among Connecticut cities and towns, the wealthiest are the big spenders 10 Wealthiest Towns in Connecticut (2023) - Suburbs 101 The 10 Best Places To Live In Connecticut For 2022 - HomeSnacks Most of Connecticuts wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Stamford, CT Annual household income: $152,102, 11. You're Really Wealthy If You Live In One Of These 6 CT - Patch The median household income at Cos Cob is $138,125. 89.3% of the homes are occupied by their owners, with 10.7% as rentals. 2015-2023 Chasing Chains, LLC. 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. This site uses Akismet to reduce spam. Wilton is undoubtedly a wealthy community and one of the top ten richest in the state of Connecticut for 2022. We then averaged all the rankings for a place into a Rich Score with the place having the lowest overall Rich Score, Shelton, crowned the Richest City In Connecticut For 2023. Weston residents live a good work-life balance with an average commute time of 42 minutes. However, the average house prices range from $1,5 million to $3 million. Darien has a population of 21,499. There are plenty of shopping and fine dining venues in Riverside. With a population of 63,518, Greenwich is an upscale community with a median household income of $180,44. They found this lovely old city during the Covid-19 pandemic and relocated for a safer and serene place to live. Atherton, CA topped the list. Darian will be the second wealthiest city in Connecticut in 2022. Isn't it grand to see Granby here in the top ten safest places in Connecticut. The Gold Coast, also known as Lower Fairfield County or Southwestern Connecticut not limited to the Connecticut panhandle, . 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). The Most Affluent, Richest, High-Income Places in the US 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. This is a carousel. Also in Fairfield County, the waterfront city of Stamford is ranked 4th on the list. Research has shown that the climate of a location does have an impact on persons with moderate, Read More The 20 Worst Places to Live if you Have Arthritis in The U.S.Continue, If your dream is to live or explore in the wealthiest neighborhoods, California is the state for you. Theres a premium on living in a safe neighborhood with all the trappings of a luxurious existence. Fairfield is one of the richest towns and among the best places to live in Connecticut. The median income in Danbury is $67,430 helping to secure its 5th place ranking. Its also one of the wealthiest towns in Connecticut, with a median annual income per family of $180,057. 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. The 10 Richest Cities In Connecticut For 2023 - HomeSnacks Both coasts have some, Read More The 10 Best Places to Live on the West Coast of FloridaContinue, Massachusetts is one of the most remarkable states in America. It's also home to the state's only national historic site, Weir Farm. So, want to know where its just as difficult to Keep up with the Connecticuters as it is The Kardashians? The climate is better for persons with allergies, asthma, and other respiratory conditions. 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 Haub, who took over the company after the death of his brother, Karl-Erivan, is now worth an estimated $2.9 billion. If youre curious enough, here are the poorest cities in Connecticut, according to data: Poorest: Hartford2nd Poorest: Bridgeport3rd Poorest: Waterbury. Riverside is home to some of the most affluent residents of Connecticut with a median household income of $215,791. With a median household income of $129,919, it is home to approximately 25,033 people. It is one of the richest towns in Connecticut, boasting a median sales price of $1,835,000. 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. Stamford is situated only 30 miles north of NYC, so it offers residents unparalleled access to the city. 14 Richest Towns in Connecticut (2022) | PropertyClub 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. Darien is a small town on Connecticut's gold coast that is home to approximately 6,759 people. Located on Connecticut's Gold Coast, Greenwich is a financial powerhouse and also an exciting place to visit. Darien The richest town in Connecticut is Darien, with a median household income of $251,200. Its got a population of just over 20,249 (2020) people, but it feels much smaller than that. Darien is a small town on Connecticuts gold coast that is home to approximately 6,759 people. Most of the townspeople hold bachelors degrees or higher. Norwalk, CT, USA 4. Southport has a long history as a summer resort and residential community. 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. The unemployment rate is just 3.1%, with an average commute of 33 minutes. West Simsbury has 151,104 residents as of 2022. Weston Profile Page with Infographics. When Does a Seller Get Their Money After Closing on a House? Living in West Hartford is not cheap, but the perks are worth the cost with its safe neighborhoods, upscale shopping and dining venues, and more. Learn how your comment data is processed. The streets are safe, and the schools are highly rated. The median household income is $99,791, and the average home price is $672,000. Old Greenwich residents are well educated with 80% of residents have obtained a bachelors degree or higher. Hoping for a glimpse at some of those gorgeous views for which this town is known? 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). 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. Darian If you want to live in Darian, you'd better start saving. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County. Rich people not your cup of tea? Be sure toFollow Us on Instagram,Like Us on Facebook, Subscribe to our YouTube Channel,and subscribe to ourMonthly Newsletter. Easton, CT Annual household income: $166,875, 13. What determines the overall wealth of a city? Gold Coast (Connecticut) - Wikipedia With a population of 20,622 inhabitants, the average income per household is $145,244. Top 10 Richest Cities in Connecticut 2023 - namecensus.com The median household income is just over $190K per year. If you choose to rent an apartment, expect to pay an average of $1,866 monthly. The schools are excellent and the town is beautiful, with tree-lined streets and old-fashioned townhouses. Jobs are plentiful in the city with a population of 7,453. Connecticut is home to some of the wealthiest people in America. However, it is true that overall, the Nutmeg State is richer than most. The most charming small towns in Connecticut are perfect for a day trip or a new home. 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. The 20 Most Affordable Places to Live in Connecticut - Money Inc Flavian Johnny is the founder of Mostexpensively.com - a blog that serves as an invaluable resource for expatriates and travelers looking for something special and unique. 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. 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. However, its also popular among locals so much so that there are rumors that it might become a commuter town for New York City residents. 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. 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. This site uses Akismet to reduce spam. 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. Rentals are much higher than most, with an average of $2,443 per month for non-homeowners. Essex is situated near the Connecticut river, a few miles north of some of the states best beach towns. Read More The 20 Safest Places To Live in TennesseeContinue, If you dont know what a HELOC is, dont feel stupid. The unemployment rate is 3.2%, compared to the Fairfield County unemployment rate of 5.2%. We suspect that the recent pandemic took a toll on residents who lost their jobs, with some forced to relocate for more affordable housing. Dariens median home value is $1,654,00. The town is partly in Hartford County, with some areas in Middlesex County. Other factors influencing the ranking of this city included an unemployment rate of 6.6% and a poverty rate of 7.1%. 1. Most Dangerous Neighborhoods in Washington DC. The unemployment rate is low compared to the state average, and commuters spend an average of 44 minutes driving to work. What Is The Richest Town In Fairfield County? - PartyShopMaine That ratio steadily has been. A town covered in vibrant nature, Avon is one of the richest towns in Connecticut. The current Population is 2,601, with an annual growth rate of 0.35%. Known for its luxury waterfront homes, Old Greenwich has a median sales price of $2,063,000. And out of all the towns in Connecticut, none are wealthier than Greenwich in Fairfield County. The state is home to 91 of the US 100 most affluent zip codes. It is located about 29 miles northeast of New York City, offering residents an easy commute to the city. Connecticut towns make Bloomberg list of richest places Its also known for its rich history and is listed on the National Register of Historic Places as Woodbridge Green Historic District. The median household income in Riverside is $250,000, and most homes sell for over $2.5 million. However, test score performance in the public school system gets a poor ranking. The city has magnificent homes with long driveways accessible through winding country roads and beautiful landscapes. Its smaller than Ridgefield but slightly more affluent. The Population is 27,141, with an average rent of $2,724 if youre not a homeowner. The average commute time from home to work is 31 minutes. The most affluent settled in the area to enjoy its beautiful beaches and other luxury amenities. Most of the properties in Riverside are primarily owner-occupied (80%) with only 20% rentals. It is a picture-perfect neighborhood in the Town of Greenwich with beaches, highly rated schools, and an easy train ride to NYC. 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. 6. Riverside Profile Page with Infographics. After we collected the data for all 21 places with more than 9,000 people in Connecticut, we ranked each place from 1 to 21 for each of the criteria, with 1 being the richest. This is our tenth time ranking the richest cities in Connecticut. An average home value of just a little under $800,000 might seem like a fortune to most of us, but to the residents of Wilton, its little more than small change, at least if the median income of $193,292 is anything to go by. It has a population of 27,141. 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. Riverside residents are well educated with 73% of residents have obtained a bachelors degree or higher. The town has a population of about 10,278 (2020) people and has a median age of 42 years old. The average family home retails for a massive $611,500, almost three times the . Newtown Borough is being credited as the richest town in the state of Connecticut. Some haulers caught, Arming guidance counselors? The 20 Worst Places to Live if you Have Arthritis in The U.S. As to which are the very wealthiest, find out now as we count down the 10 richest cities in Connecticut. It is also one of the most diverse towns in the state, with over 50% of its residents being foreign-born. There are also several golf courses in town that draw a lot of people from around the world. Its also home to some of the most expensive homes in the state. What makes some cities more prosperous than others? Fairfield is also very safe and has low crime rates. The unemployment and poverty rates are 7.9% and 8.5% respectively. It is a charming seaside neighborhood that is in the Town of Greenwich with waterfront homes and private beaches. What you might love just a little less is how excruciatingly expensive it is to live here although theres an (admittedly very small) selection of housing options on the reasonable end of the spectrum, there are enough hugely expensive properties to push the median home value to a whopping $1,355,800. 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. 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. 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. The information presented in this article are based on data from theUS Census American Community SurveyandRedfin. Education Levels If you want to live in Darian, youd better start saving. Located in Fairfield County, Darien residents have it all- pristine beaches, private Country Clubs and Yacht clubs, a charming downtown, and an easy train ride to NYC. Not to mention, if youre looking to get your kid into a university that produces more millionaires than the Connecticut Lottery, theres the University of Connecticut in Storrs and Yale University in New Haven. The median income is $80,896. If you dream of the quiet life, its ideal. It is bordered by Rhode Island to the east, Massachusetts to the north, New York to the west, and Long Island Sound to the south. The 10 Most Expensive Places To Live In Connecticut For 2023 - HomeSnacks 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. Youll find a community of 1,300 Wall Street execs and affiliates living in Old Greenwich, Connecticut. Stamford is a city in Fairfield County with a population of 14,499. 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.

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